NOT LISTED FOR SALE

Estimated Value: $370,000 - $395,000

3 Beds
2 Baths
1,597 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $195,000 $122 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,194/month

12 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Neighborhood Views
  • Laundry Room
  • 1-Story Property

About This Home

As of December 2016

HUD Home! Great opportunity on this HUD Home located in a well established area of Merced. Opportunity is knocking to make this home your own. Spacious floor plan with over 1500sqft, 3 bedrooms, 2 full bathrooms and large lot (over 10,000sqft). Kitchen has vintage charm with original tile counters. Original tile in bathroom as well. Hardwood floors in some of the rooms. Eat in kitchen area. Indoor laundry room. Bonus area room as well. Attached 2 car garage. Home is on septic tank and part of Black Rascal water district. Come take a look at this home today to see if it is right for you.

Last Agent to Sell the Property

Julie Kaley

Merced Homes Realty License #01412616 Listed on: 10/05/2016

Last Buyer's Agent

Alifonso Mendoza

Keller Williams Property Team License #01760709

Keller Williams Property Team

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 10,019

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,597 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Private Sewer

Additional Features

  • 10,019 Sq Ft Lot
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 008043016000

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 008043016000
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1597.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 122.10
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10019.00

Multi Family

  • Lease Considered: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2016
Closed on
Dec 13, 2016
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Alexander Linda R
Seller's Agent
Julie Kaley
Merced Homes Realty
Buyer's Agent
Alifonso Mendoza
Keller Williams Property Team
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$382,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,928
Avg. Annual Appreciation
7.74%
Original Mortgage
$189,150
Outstanding Balance
$152,829
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$230,099

Purchase Details

Closed on
Aug 1, 2016
Sold by
Decker Ruth M
Bought by
The Secretary Of Housing & Urban Develop
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
Alexander Linda R $195,000 First American Title Company
The Secretary Of Housing & Urban Develop $237,688 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Linda R $189,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2016 12/16/16 Sold $195,000 0.0% $122 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
10/05/2016 10/05/16 For Sale $195,000 -- $122 / 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 $2,333 $228,583 $52,222 $176,361
2024 $2,333 $224,102 $51,199 $172,903
2023 $2,300 $219,709 $50,196 $169,513
2022 $2,267 $215,402 $49,212 $166,190
2021 $2,261 $211,180 $48,248 $162,932
2020 $2,277 $209,016 $47,754 $161,262
2019 $2,242 $204,918 $46,818 $158,100
2018 $2,022 $198,900 $45,900 $153,000
2017 $2,097 $195,000 $45,000 $150,000
2016 $609 $60,854 $11,296 $49,558
2015 $598 $59,941 $11,127 $48,814
2014 $584 $58,768 $10,910 $47,858
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC16718989

California Regional Multiple Listing Service (CRMLS)

APN: 008-043-016