NOT LISTED FOR SALE

2944 Oleander Ave Merced, CA 95340

North Merced Neighborhood

Estimated Value: $265,000 - $330,000

2 Beds
1 Bath
1,116 Sq Ft
$269/Sq Ft Est. Value

Last Sold September 20, 2018

Last sale price $153,000 $137 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,725/month

9 Days on Market

Highlights

  • No HOA
  • Evaporated cooling system
  • No Heating
  • Neighborhood Views
  • Laundry Room
  • 1-Story Property

About This Home

As of September 2018

two houses on one lot. 2944 is 2 bedrooms, one bath, approximately 1,100 square feet. The current monthly rent is $775
THE BACK UNIT IS APPROXIMATELY 500 SQUARE FEET OF LIVING SPACE. THE CURRENT MONTHLY RENT IS $500 A MONTH.
Both are on city water, septic tanks.

Last Agent to Sell the Property

Jerry Shewey

Shewey Realty, Inc. License #01236864 Listed on: 09/01/2018

Last Buyer's Agent

Steve Weagel

London Properties Ltd - Merced License #01883064

London Properties Ltd - Merced

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Rural Setting

Home Design

  • Duplex

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Utilities

  • Evaporated cooling system
  • No Heating
  • Aerobic Septic System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 007143003000

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 007143003000
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1116.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 137.10
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Aerobic Septic
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11326.00

Multi Family

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

Tax Info

  • Tax Census Tract: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2022
Sold by
Rincon Jose Paz and Rincon Donna
Bought by
Rincon Marquez Trust
Current Estimated Value
$300,687

Purchase Details

Listed on
Sep 1, 2018
Closed on
Sep 18, 2018
Sold by
Pigott Christopher and Pigott Gladys Laverne
Bought by
Rincon Jose Paz and Marquez Donna
Seller's Agent
Jerry Shewey
Shewey Realty, Inc.
Buyer's Agent
Steve Weagel
London Properties Ltd - Merced
List Price
$150,000
Sold Price
$153,000
Premium/Discount to List
$3,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Jun 22, 2009
Sold by
Wachovia Mortgage Fsb
Bought by
Pigott Christopher and Pigott Gladys Laverne

Purchase Details

Closed on
Dec 12, 2008
Sold by
Vizcarra Mario
Bought by
Wachovia Mortgage Fsb

Purchase Details

Closed on
Jul 12, 2006
Sold by
Vizcarra Mario
Bought by
Vizcarra Mario and Vizcarra Lupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.66%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 25, 2005
Sold by
Vizcarra Mario
Bought by
Vizcarra Mario and Vizcarra Lupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,800
Interest Rate
8.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 9, 2004
Sold by
Wolverton Richard R
Bought by
Ponce Joe

Purchase Details

Closed on
Apr 29, 2004
Sold by
Cardenaz Guadalupe
Bought by
Vizcarra Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rincon Marquez Trust -- --
Rincon Jose Paz $153,000 Transcounty Title Company
Pigott Christopher $63,500 Fidelity Natl Title Co Of Ca
Wachovia Mortgage Fsb $98,400 None Available
Vizcarra Mario -- Alliance Title Company
Vizcarra Mario -- Alliance Title Company
Vizcarra Mario -- Alliance Title Company
Ponce Joe -- --
Vizcarra Mario -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vizcarra Mario $238,000
Previous Owner Vizcarra Mario $216,800
Previous Owner Vizcarra Mario $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2018 09/20/18 Sold $153,000 +2.0% $137 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
09/01/2018 09/01/18 For Sale $150,000 -- $134 / 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 $1,802 $170,668 $72,505 $98,163
2024 $1,802 $167,323 $71,084 $96,239
2023 $1,777 $164,043 $69,691 $94,352
2022 $1,753 $160,827 $68,325 $92,502
2021 $1,749 $157,675 $66,986 $90,689
2020 $1,761 $156,060 $66,300 $89,760
2019 $1,735 $153,000 $65,000 $88,000
2018 $762 $71,859 $28,289 $43,570
2017 $791 $70,451 $27,735 $42,716
2016 $779 $69,071 $27,192 $41,879
2015 $766 $68,034 $26,784 $41,250
2014 $750 $66,702 $26,260 $40,442
Source: Public Records

Agents Affiliated with this Home

  • Jerry Shewey

    Seller's Agent in 2018

    Jerry Shewey

    Shewey Realty, Inc.

    (209) 383-4288

    7 in this area

    21 Total Sales

    Jerry Shewey
    Section Image

  • S

    Buyer's Agent in 2018

    Steve Weagel

    London Properties Ltd - Merced

    (209) 725-2100

    7 in this area

    32 Total Sales

    Steve Weagel
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC18213654

California Regional Multiple Listing Service (CRMLS)

APN: 007-143-003

California Merced County Merced 95340 North Merced

2944 Oleander Ave, Merced, CA

Not Listed for Sale

MultiFamily

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