NOT LISTED FOR SALE

2987 Tahoe Dr Merced, CA 95340

North Merced Neighborhood

Estimated Value: $368,000 - $408,000

4 Beds
2 Baths
1,430 Sq Ft
$267/Sq Ft Est. Value

Last Sold October 24, 2017

Last sale price $216,900 $152 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,298/month

7 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Front Yard
  • Neighborhood Views
  • Central Air
  • 1-Story Property

About This Home

As of October 2017

This charming home is located just north of Bear Creek, one block from G Street access and within walking distance of Burbank Elementary school. The home has just gone through a full cosmetic upgrade: new exterior paint, new paneling, new interior paint, new flooring, new French doors, new faucets, new lighting, new doors, refinished cabinetry, refinished counter tops, refinished tubs and showers. This home is an excellent opportunity for a first time home owner! There are not may homes in this price range that are a full four bedrooms with a large back yard and even fewer that show this well. Get your offers in!

Last Agent to Sell the Property

Brandon Ruscoe

BHGRE Everything Real Estate License #01825768 Listed on: 09/15/2017

BHGRE Everything Real Estate

Last Buyer's Agent

Debbie Engel

London Properties Ltd - Merced License #01775282

London Properties Ltd - Merced

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,598

Year Built

  • Built in 1983

Lot Details

  • 6,534 Sq Ft Lot
  • Front Yard
  • Property is zoned R-1-6

Parking

  • 2 Car Garage

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007092025000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,598

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1-6
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 007092025000
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1430.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 151.68
  • Room Type: Master Bathroom, Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Merced Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6534.00

Multi Family

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

Tax Info

  • Tax Census Tract: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2020
Sold by
Forte Ray
Bought by
Forte Ray and Forte Deborah S
Current Estimated Value
$381,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Outstanding Balance
$187,592
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$194,308

Purchase Details

Listed on
Sep 15, 2017
Closed on
Oct 20, 2017
Sold by
Page Street Partners
Bought by
Forte Ray
Seller's Agent
Brandon Ruscoe
BHGRE Everything Real Estate
Buyer's Agent
Debbie Engel
London Properties Ltd - Merced
List Price
$214,000
Sold Price
$216,900
Premium/Discount to List
$2,900
1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$210,393
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2017
Closed on
Oct 18, 2017
Sold by
Forte Deborah Sue
Bought by
Forte Ray
Seller's Agent
Brandon Ruscoe
BHGRE Everything Real Estate
Buyer's Agent
Debbie Engel
London Properties Ltd - Merced
List Price
$214,000
Sold Price
$216,900
Premium/Discount to List
$2,900
1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,393
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2000
Sold by
Salvadori Mike and Young Elizabeth Sue
Bought by
Page Street Partners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2000
Sold by
Young Elizabeth Sue
Bought by
Salvadori Mike and Young Elizabeth Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
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
Forte Ray -- Transcounty Title Company
Forte Ray $217,000 First American Title Company
Forte Ray -- First American Title Company
Page Street Partners $85,500 Transcounty Title Company
Salvadori Mike -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forte Ray $211,000
Closed Forte Ray $210,393
Previous Owner Page Street Partners $85,000
Previous Owner Page Street Partners $68,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2017 10/24/17 Sold $216,900 +1.4% $152 / Sq Ft
09/15/2017 09/15/17 For Sale $214,000 -- $150 / 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 $2,598 $246,789 $51,200 $195,589
2024 $2,598 $241,951 $50,197 $191,754
2023 $2,562 $237,208 $49,213 $187,995
2022 $2,528 $232,558 $48,249 $184,309
2021 $2,523 $227,999 $47,303 $180,696
2020 $2,542 $225,662 $46,818 $178,844
2019 $2,505 $221,238 $45,900 $175,338
2018 $2,284 $216,900 $45,000 $171,900
2017 $1,242 $110,997 $32,451 $78,546
2016 $1,222 $108,821 $31,815 $77,006
2015 $1,203 $107,188 $31,338 $75,850
2014 $1,177 $105,090 $30,725 $74,365
Source: Public Records

Agents Affiliated with this Home

  • Brandon Ruscoe

    Seller's Agent in 2017

    Brandon Ruscoe

    BHGRE Everything Real Estate

    (209) 261-9363

    4 in this area

    19 Total Sales

    Section Image
  • Debbie Engel

    Buyer's Agent in 2017

    Debbie Engel

    London Properties Ltd - Merced

    (209) 777-1661

    30 in this area

    135 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC17213564

California Regional Multiple Listing Service (CRMLS)

APN: 007-092-025

California Merced County Merced 95340 North Merced

2987 Tahoe Dr, Merced, CA

This home is located at 2987 Tahoe Dr, Merced, CA 95340 since 15 September 2017 and is currently estimated at $381,900, approximately $267 per square foot. This property was built in 1983. 2987 Tahoe Dr is a home located in Merced County with nearby schools including Luther Burbank Elementary School, Herbert Hoover Middle School, and Merced 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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