NOT LISTED FOR SALE

2954 Bannon Ln Merced, CA 95348

North Merced Neighborhood

Estimated Value: $373,000 - $390,000

3 Beds
2 Baths
1,619 Sq Ft
$236/Sq Ft Est. Value

Last Sold February 02, 2023

Last sale price $365,000 $225 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,505/month

115 Days on Market

About This Home

As of February 2023

Located in Merced, this 3-bedroom, 2 bathrooms, 1619 sq. ft. home was built in 2021 features a 2-car garage in a gated community. Enter the home and into the living room with dining area. The kitchen features stainless-steal appliances, granite counter tops and pantry storage. The laundry room located downstairs is also accessible from the single car garage. Upstairs bedrooms are spacious and feature extra storage. This home is a must see, call today for your private showings.

Last Agent to Sell the Property

Oscar Martinez

RE/MAX Gold License #02097474 Listed on: 09/20/2022

RE/MAX Gold

Co-Listed By

Alex Salazar

RE/MAX Gold License #01723956

Last Buyer's Agent

Nonmember Nonmember

Nonmember

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021

Lot Details

  • 2,907

HOA Fees

  • $85 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,619 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • 2,907 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2021

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Price Per Square Foot: 225.45
  • Year Built Exception: 0
  • Number Of Stories: Two
  • Special Features: NewHome
  • Stories: 2
  • Year Built: 2021

Interior Features

  • Bathrooms: 2.00
  • Bedrooms: 3
  • Laundry: Inside
  • Square Footage: 1619.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Concrete
  • Pool: No

Utilities

  • Heating And Cooling: Central Heat & Cool
  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer

Condo/Co-op/Association

  • Association: Fresno MLS
  • Frequency: Monthly
  • HOA Fees: 85.00

Association/Amenities

  • Association Park Amenities: Gated Community

Lot Info

  • Acres: 0.0667
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 2907.00
  • Price Per Acre: 5472263.87

Building Info

  • Year Built: 2021

MLS Schools

  • School District 2: Merced
  • School Type: High School
  • School Name: Merced
  • School Type: Junior High School
  • School Name: Merced
  • School Type: Grade School
  • School Name: Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Jan 26, 2023
Sold by
Escobedo Tomas Chavez and Escobedo Gloria Alvarez
Bought by
Escobedo Jonathan
Seller's Agent
Oscar Martinez
RE/MAX Gold
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%
Views
147
Current Estimated Value
$381,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,953
Avg. Annual Appreciation
1.57%
Original Mortgage
$358,388
Outstanding Balance
$347,021
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$34,932

Purchase Details

Closed on
May 3, 2021
Sold by
Devonwood 64 Lp
Bought by
Escobedo Tomas Chavez and Alejo Gloria Alvarez

Purchase Details

Closed on
Sep 18, 2020
Sold by
Devonwood 64 Lp
Bought by
Caplinger Jordan
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
Escobedo Jonathan $365,000 Placer Title
Escobedo Tomas Chavez $279,000 Orange Coast Title Co
Caplinger Jordan $273,500 Orange Coast Lender Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobedo Jonathan $358,388
Closed Escobedo Jonathan $12,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2023 02/02/23 Sold $365,000 -1.4% $225 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/03/2023 01/03/23 Price Changed $370,000 -1.3% $229 / Sq Ft
12/23/2022 12/23/22 Price Changed $375,000 -1.3% $232 / Sq Ft
11/14/2022 11/14/22 Price Changed $380,000 -1.3% $235 / Sq Ft
09/20/2022 09/20/22 For Sale $385,000 -- $238 / Sq Ft
Source: Fresno MLS

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 $5,085 $379,746 $52,020 $327,726
2024 $5,085 $372,300 $51,000 $321,300
2023 $4,130 $284,263 $40,800 $243,463
2022 $4,036 $278,690 $40,000 $238,690
2021 $1,068 $10,608 $10,608 $0
2020 $129 $10,608 $10,608 $0
2019 $127 $10,400 $10,400 $0
2018 $96 $8,390 $8,390 $0
2017 $99 $8,226 $8,226 $0
2016 $98 $8,065 $8,065 $0
2015 $56 $4,262 $4,262 $0
2014 $54 $4,179 $4,179 $0
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2023

    Oscar Martinez

    RE/MAX

    Section Image
  • Alex Salazar

    Seller Co-Listing Agent in 2023

    Alex Salazar

    RE/MAX

    (559) 232-5668

    2 in this area

    540 Total Sales

    Alex Salazar
    Section Image

  • N

    Buyer's Agent in 2023

    Nonmember Nonmember

    Nonmember

See All Agents

Map

Source: Fresno MLS

MLS Number: 584802

Fresno MLS

APN: 058-480-026

California Merced County Merced 95348 North Merced

2954 Bannon Ln, Merced, CA

Not Listed for Sale

Detached

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