NOT LISTED FOR SALE

2939 Balsam Way Merced, CA 95348

Franklin Neighborhood

Estimated Value: $386,031 - $408,000

4 Beds
3 Baths
1,763 Sq Ft
$224/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $255,000 $145 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,431/month

18 Days on Market

Highlights

  • RV Access or Parking
  • Contemporary Architecture
  • Neighborhood Views
  • Fireplace in Primary Bedroom
  • No HOA
  • 2 Car Attached Garage

About This Home

As of October 2018

WONDERFUL HOME THAT HAS GUESTS OR MOTHER-IN-LAW QUARTERS WITH SEPARATE ENTRANCE. THIS HOME HAS 2 KITCHENS, DINING AREAS, WATER HEATERS, CENTRAL A/C UNITS. UPDATED WITH INTERIOR PAINT, SKYLIGHTS, CROWN MOLDING, AND NICE FLOORING. EXTRA CEMENT DRIVEWAY FOR GATED RV PARKING AND LARGE STORAGE SHED. GREAT PROPERTY.

Last Agent to Sell the Property

Mike Burrows

London Properties Ltd - Merced License #01814948 Listed on: 07/23/2018

London Properties Ltd - Merced

Last Buyer's Agent

Alifonso Mendoza

Keller Williams Property Team License #01760709

Keller Williams Property Team

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,049

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Front Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,763 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Neighborhood Views
  • Carbon Monoxide Detectors
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 005281022000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,049

Year Built

Built in 1982 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 005281022000
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1763.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 144.64
  • Room Type: All Bedrooms Down
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, RV Access/Parking, RV Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Merced City

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Sprinklers In Front
  • Lot Size Sq Ft: 7841.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 9.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Sep 27, 2018
Sold by
Mendoza Rosio
Bought by
Mendoza Alifonso
Seller's Agent
Mike Burrows
London Properties Ltd - Merced
Buyer's Agent
Alifonso Mendoza
Keller Williams Property Team
List Price
$254,900
Sold Price
$255,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$394,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,258
Avg. Annual Appreciation
6.70%
Original Mortgage
$191,250
Outstanding Balance
$144,713
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$252,923

Purchase Details

Listed on
Jul 23, 2018
Closed on
Sep 21, 2018
Sold by
Mendoza Rosio
Bought by
Mendoza Alifonso
Seller's Agent
Mike Burrows
London Properties Ltd - Merced
Buyer's Agent
Alifonso Mendoza
Keller Williams Property Team
List Price
$254,900
Sold Price
$255,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Outstanding Balance
$144,713
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$252,923

Purchase Details

Listed on
Jul 23, 2018
Closed on
Sep 6, 2018
Sold by
Orozco Juan Ramon and Orozco Eva
Bought by
Mendoza Alifonso
Seller's Agent
Mike Burrows
London Properties Ltd - Merced
Buyer's Agent
Alifonso Mendoza
Keller Williams Property Team
List Price
$254,900
Sold Price
$255,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Outstanding Balance
$144,713
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$252,923

Purchase Details

Closed on
Jun 11, 1998
Sold by
Hud
Bought by
Orozco M Juan Ramon and Orozco Eva G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,816
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 1997
Sold by
Chemical Mtg Company
Bought by
Hud

Purchase Details

Closed on
Sep 4, 1997
Sold by
Thao Lue K and Thao Phoua K
Bought by
Chemical Mtg Company
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mendoza Alifonso -- First American Title Company
Mendoza Alifonso -- First American Title
Mendoza Alifonso $255,000 First American Title
Mendoza Alifonso $255,000 First American Title Company
Orozco M Juan Ramon $85,000 North American Title Co
Hud -- First American Title Ins Co
Chemical Mtg Company $102,086 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Alifonso $191,250
Closed Mendoza Alifonso $191,250
Closed Mendoza Alifonso $191,250
Previous Owner Orozco Juan Ramon M $0
Previous Owner Orozco Juan Ramon $150,000
Previous Owner Orozco M Juan Ramon $37,000
Previous Owner Orozco M Juan Ramon $84,816
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $255,000 0.0% $145 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $254,900 -- $145 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,049 $284,452 $61,351 $223,101
2024 $3,049 $278,876 $60,149 $218,727
2023 $3,008 $273,409 $58,970 $214,439
2022 $2,969 $268,049 $57,814 $210,235
2021 $2,963 $262,794 $56,681 $206,113
2020 $2,985 $260,100 $56,100 $204,000
2019 $2,942 $255,000 $55,000 $200,000
2018 $1,243 $119,263 $35,074 $84,189
2017 $1,286 $116,926 $34,387 $82,539
2016 $1,266 $114,634 $33,713 $80,921
2015 $1,246 $112,913 $33,207 $79,706
2014 $1,218 $110,702 $32,557 $78,145
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mike Burrows

    London Properties Ltd - Merced

    Section Image
  • Alifonso Mendoza

    Buyer's Agent in 2018

    Alifonso Mendoza

    Keller Williams Property Team

    (209) 676-1819

    13 in this area

    335 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC18177047

California Regional Multiple Listing Service (CRMLS)

APN: 005-281-022

California Merced County Merced 95348 Franklin

2939 Balsam Way, Merced, CA

This home is located at 2939 Balsam Way, Merced, CA 95348 since 23 July 2018 and is currently estimated at $394,258, approximately $223 per square foot. This property was built in 1982. 2939 Balsam Way is a home located in Merced County with nearby schools including Franklin Elementary School, Rudolph Rivera Middle School, and Buhach Colony High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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