NOT LISTED FOR SALE

2986 Masterson Ln Merced, CA 95348

North Merced Neighborhood

Estimated Value: $364,814 - $385,000

3 Beds
2.5 Baths
1,490 Sq Ft
$99/mo HOA Fee

Last Sold July 29, 2022

Last sale price $365,000 $245 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,472/month

7 Days on Market

Highlights

  • Great Room
  • Double Pane Windows
  • Tankless Water Heater
  • Granite Countertops
  • Park
  • Guest Parking

About This Home

As of July 2022

Located in Devonwood Village. Built in 2020. This 2-story home features 3 bedrooms, 2.5 bathrooms, over 1400 square feet with granite counters, stainless appliances, a whole house fan and a spacious backyard. Minutes away from UC Merced, CatTracks bus stop, shopping and freeway.

Last Agent to Sell the Property

Catina Ortega

PMZ Real Estate License #01878149 Listed on: 07/01/2022

PMZ Real Estate

Last Buyer's Agent

Mark Poyer

eXp Realty of California Inc. License #02163195

eXp Realty of California Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2020

Lot Details

  • Wood Fence
  • Back Yard Fenced

HOA Fees

  • $99 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Inside Entrance
  • Front Facing Garage
  • Tandem Garage
  • Guest Parking

Home Design

  • Planned Development
  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,490 Sq Ft Home
  • 2-Story Property
  • Whole House Fan
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Laundry Cabinets

Home Security

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 058-490-034-000

Community Details

Overview

  • Built by Winward Pacific Builders
  • Heartwood
  • Mandatory home owners association

Recreation

  • Park

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2020

Lot Details

0

HOA Fees

$99 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Planned Unit Develop
  • Property Subtype 1: Condominium
  • Remodeled Updated: No
  • Restrictions: Parking
  • Stories: 2
  • Year Built: 2020
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Free Standing Gas Range, Dishwasher, Disposal, Microwave, Tankless Water Heater
  • Flooring: Carpet, Vinyl
  • Master Bathroom Features: Double Sinks,Tub w/Shower Over,Walk-In Closet
  • Total Bathrooms: 3
  • Bathroom Features: Tub w/Shower Over,Window
  • Dining Room Features: Dining/Living Combo
  • Kitchen Features: Granite Counter
  • Living Room Features: Great Room
  • Main Level: Family Room,Partial Bath(s),Garage,Kitchen,Street Entrance
  • Price Per Square Foot: 244.97
  • Square Footage: 1490.00
  • Window Features: Dual Pane Full, Low E Glass Full

Exterior Features

  • Builder Name: Winward Pacific Builders
  • Construction Materials: Stucco, Frame, Wood
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 365000.00
  • Lot Features: Low Maintenance
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Tandem Garage, Garage Facing Front, Guest Parking Available, Interior Access

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: See Remarks
  • Utilities: Electric
  • Cooling: Ceiling Fan(s), Central, Whole House Fan
  • Electric: Other
  • Heating: Central
  • Laundry Features: Cabinets, Electric, See Remarks, Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Park
  • Association Fee: 99
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Other
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Mandatory Association: Yes

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: PUD
  • Irrigation: Other
  • Lot Size Acres: 0.0712
  • Lot Size Sq Ft: 3101.00

Tax Info

  • Assessor Parcel Number: 058-490-034-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 22, 2022
Sold by
Anh Luong Dung
Bought by
Cruz Jose and Cruz Lorena
Seller's Agent
Catina Ortega
PMZ Real Estate
Buyer's Agent
Mark Poyer
eXp Realty of California Inc.
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$374,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,204
Avg. Annual Appreciation
0.73%
Original Mortgage
$350,533
Outstanding Balance
$335,398
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$38,806

Purchase Details

Listed on
Apr 10, 2020
Closed on
Jun 12, 2020
Sold by
Devonweood 64 Lp
Bought by
Luong Dung Anh
Seller's Agent
Heidi Honberger
Heidi Honberger Realty
Buyer's Agent
Heidi Honberger
Heidi Honberger Realty
List Price
$261,307
Sold Price
$261,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.49%
Original Mortgage
$256,573
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2018
Sold by
Bond Safeguard Insurance Company
Bought by
Devonwood 64 Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
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
Cruz Jose $365,000 Cypress Title
Luong Dung Anh $261,500 Orange Coast Title Company
Devonwood 64 Lp $1,600,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Jose $350,533
Previous Owner Luong Dung Anh $256,573
Previous Owner Devonwood 64 Lp $950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2022 07/29/22 Sold $365,000 0.0% $245 / Sq Ft
07/01/2022 07/01/22 For Sale $365,000 +39.7% $245 / Sq Ft
05/21/2020 05/21/20 Sold $261,307 0.0% $175 / Sq Ft View Prior Sale
05/05/2020 05/05/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $261,307 -- $175 / Sq Ft
Source: MetroList

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 $5,010 $364,500 $65,000 $299,500
2024 $5,010 $372,300 $51,000 $321,300
2023 $4,922 $365,000 $50,000 $315,000
2022 $3,934 $269,285 $41,222 $228,063
2021 $3,857 $264,006 $40,414 $223,592
2020 $2,977 $182,340 $17,340 $165,000
2019 $202 $17,000 $17,000 $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

  • Catina Ortega

    Seller's Agent in 2022

    Catina Ortega

    PMZ Real Estate

    (209) 479-1782

    1 in this area

    14 Total Sales

    Catina Ortega
    Section Image

  • M

    Buyer's Agent in 2022

    Mark Poyer

    eXp Realty of California Inc.

    Section Image
  • Heidi Honberger

    Seller's Agent in 2020

    Heidi Honberger

    Heidi Honberger Realty

    (209) 882-2072

    1 in this area

    37 Total Sales

    Heidi Honberger
    Section Image
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Map

Source: MetroList

MLS Number: 222085011

MetroList

APN: 058-490-034

California Merced County Merced 95348 North Merced

2986 Masterson Ln, Merced, CA

Not Listed for Sale

Condos

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