NOT LISTED FOR SALE

2990 Lobo Ave Merced, CA 95348

Franklin Neighborhood

Estimated Value: $337,000 - $363,000

3 Beds
2 Baths
1,202 Sq Ft
$293/Sq Ft Est. Value

Sale Details

Date Sold: September 14, 2021

Last sale price $326,000 $271 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,174 / mo

About This Home

YOU DON'T HAVE TO DO ANYTHING BUT MOVE IN! This 3 bedroom, 2 bath home is situated on a large corner lot. The back yard has plenty of room to enjoy and possibly add a pool. The floor plan is open and warm with a very efficient lay out. The eat in kitchen provides a great opportunity to keep everyone together. This home is close to the freeway as well as many other amenities.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 31, 2021
Sold by
Gauthier Phillip G and Kiss Paula A
Bought by
Valdez Miguel Campos and Sanchez Norma Campos
Seller's Agent
Jeff Lawry
London Properties Ltd - Merced
Buyer's Agent
Salvador Garcia
London Properties Ltd - Merced
List Price
$295,000
Sold Price
$326,000
Premium/Discount to List
$31,000
10.51%
Current Estimated Value
$351,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,604
Avg. Annual Appreciation
1.65%
Original Mortgage
$320,095
Outstanding Balance
$291,263
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$60,341

Purchase Details

Closed on
Jun 26, 2000
Sold by
Maxwell Construction Inc
Bought by
Gauthier Phillip G and Gauthier Paula A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,113
Interest Rate
7.96%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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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
Valdez Miguel Campos $326,000 Transcounty Title Company
Gauthier Phillip G $108,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdez Miguel Campos $320,095
Previous Owner Gauthier Phillip G $107,113
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2021 09/14/21 Sold $326,000 +10.5% $271 / Sq Ft View Prior Sale
07/27/2021 07/27/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $295,000 -- $245 / Sq Ft

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 $3,714 $332,500 $80,000 $252,500
2024 $3,714 $339,170 $62,424 $276,746
2023 $3,664 $332,520 $61,200 $271,320
2022 $4,034 $326,000 $60,000 $266,000
2021 $1,742 $150,048 $34,793 $115,255
2020 $1,754 $148,511 $34,437 $114,074
2019 $1,730 $145,600 $33,762 $111,838
2018 $1,584 $142,746 $33,100 $109,646
2017 $2,045 $139,948 $32,451 $107,497
2016 $1,617 $137,205 $31,815 $105,390
2015 $1,593 $135,145 $31,338 $103,807
2014 $1,421 $120,000 $30,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • Jeff Lawry

    Seller's Agent in 2021

    Jeff Lawry

    London Properties Ltd - Merced

    (209) 261-8969

    2 in this area

    154 Total Sales

    Jeff Lawry
    Section Image
  • Salvador Garcia

    Buyer's Agent in 2021

    Salvador Garcia

    London Properties Ltd - Merced

    (209) 658-1427

    5 in this area

    73 Total Sales

    Salvador Garcia
    Section Image
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Map

California Merced County Merced 95348 Franklin

2990 Lobo Ave, Merced, CA

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