NOT LISTED FOR SALE

Estimated Value: $604,000 - $856,000

6 Beds
4.5 Baths
3,715 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $340,000 $92 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $4,491/month

4 Days on Market

Highlights

  • Parking available for a boat
  • Custom Home
  • Open Floorplan
  • Primary Bedroom Suite
  • 1.15 Acre Lot
  • View of Hills

About This Home

As of July 2013

Fabulous Custom Newer Ranch Style Home on over an acre located in the Franklin Area of Merced. This home is very spacious and is perfect for entertaining friends, families and gatherings of all sizes. As you pass through the Double Entry Doors you will see the Formal Dining Room on one side of the Foyer and Formal Living Room on the other. The Foyer continues on into a very Spacious Family Room accented by Pillars and Fireplace. The Kitchen is just amazing and is almost the size of the Family Room. Granite Counter Tops, oversized Island, Stainless Steel Frigidaire Appliances and plenty of storage. Off of the main Kitchen is a Butlers Kitchenette with a Free Standing Range/Oven, Range Hood, sink, cabinets and an oversized Walk-in Pantry. The Master Suite has its own Fireplace and two doors that lead out to a private covered patio. The Walk-in closet has so much room that it almost qualifies for its own zip code. The Master Bathroom has plenty of room for two people to get ready and includes Dual Sinks, Jetted Tub, Oversized Shower and a closet. The Bedroom that is near the Laundry Room can be used for Guest Quarters or even a rental. Home does need some paint, carpet and some landscaping! This home will not last long, so don't wait to see it!

Last Agent to Sell the Property

Scott A Oliver

Concierge Real Estate Services License #01335699 Listed on: 05/01/2013

Last Buyer's Agent

Scott A Oliver

Concierge Real Estate Services License #01335699 Listed on: 05/01/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,248

Year Built

  • Built in 2005

Lot Details

  • 1.15 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Wood Fence
  • Fence is in good condition
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Irregular Lot
  • Drip System Landscaping
  • Front and Side Yard Sprinklers
  • Wooded Lot
  • Private Yard
  • Back and Front Yard
  • Property is zoned A-R

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Circular Driveway
  • Parking available for a boat
  • RV Access or Parking

Property Views

  • Hills
  • Neighborhood

Home Design

  • Custom Home
  • Contemporary Architecture
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Tile Roof
  • Ridge Vents on the Roof
  • Concrete Roof
  • Flagstone
  • Stucco

Interior Spaces

  • 3,715 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Zero Clearance Fireplace
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Double Door Entry
  • French Doors
  • Panel Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Storage
  • Utility Room
  • Center Hall
  • Attic

Kitchen

  • Kitchenette
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Self-Cleaning Oven
  • Built-In Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors
  • Jack-and-Jill Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Fireplace in Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Two cooling system units
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts in Kitchen
  • Hot Water Circulator
  • Gas Water Heater
  • Water Purifier
  • Water Softener
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Built by Sahota Brothers

Listing and Financial Details

  • Legal Lot and Block 5 / 650
  • Assessor Parcel Number 057650005000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,248

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security System
  • Subdivision Name Other: Sahota Brother Clinton
  • View: Yes
  • Zoning: A-R
  • Architectural Style: Custom Built, Contemporary, Ranch
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 057650005000
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3715.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Double Door Entry, French Doors, Mirror Closet Door(s), Panel Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Gas, Master Bedroom, Patio, Two Way, Zero Clearance
  • Levels: One
  • Price Per Square Foot: 91.52
  • Room Type: Attic, Center Hall, Dressing Area, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Jack & Jill, Living Room, Master Suite, Walk-In Pantry, Walk-In Closet, Separate Family Room, Utility Room
  • Window Features: Blinds, Double Pane Windows, Screens
  • Room Kitchen Features: Kitchen Island, Kitchenette, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Hills, Neighborhood
  • Fence: Yes
  • Fencing: Good Condition, Wood
  • Builder Name: Sahota Brothers
  • Patio And Porch Features: Covered, Concrete, Porch, Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Concrete, Ridge Vents, Tile
  • Spa: No
  • Construction Materials: Drywall Walls, Flagstone, Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Boat, Circular Driveway, Concrete, Driveway, Direct Garage Access, Garage, Garage Door Opener, Oversized, RV Access/Parking, Garage Faces Side, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Available, Phone Connected, Underground Utilities
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Range, Free-Standing Range, Disposal, Gas & Electric Range, Gas Cooktop, Gas Water Heater, Hot Water Circulator, Range Hood, Microwave, Self Cleaning Oven, Vented Exhaust Fan, Water Line to Refrigerator, Water Purifier, Water Softener
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central, Forced Air, Fireplace(s), Natural Gas, Zoned
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Individual Room, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Dual, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Schools

  • School District: Franklin

Lot Info

  • Lot Features: Back Yard, Front Yard, Irregular Lot, Level with Street, Lot Over 40000 Sqft, Paved, Corner Lot, Sprinklers Drip System, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer, Sprinkler System, Treed Lot, Yard
  • Lot Size Sq Ft: 50094.00
  • Lot Size Acres: 1.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 50094.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 650
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
Jun 20, 2013
Sold by
Gmac Mortgage Llc
Bought by
Palm John W and Palm Elizabeth F
Seller's Agent
Scott A Oliver
Concierge Real Estate Services
Buyer's Agent
Scott A Oliver
Concierge Real Estate Services
List Price
$319,900
Sold Price
$340,000
Premium/Discount to List
$20,100
6.28%
Current Estimated Value
$744,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,037
Avg. Annual Appreciation
6.67%
Original Mortgage
$333,841
Interest Rate
3.79%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 2012
Sold by
Varela Raymundo and Varela Margaret
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Sep 12, 2006
Sold by
Jrg Llc
Bought by
Varela Raymundo and Varela Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,200
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 6, 2004
Sold by
Grewal Gurmeet
Bought by
Jrg Llc

Purchase Details

Closed on
Aug 12, 2004
Sold by
Grewal Manjit K
Bought by
Grewal Gurmeet

Purchase Details

Closed on
Jan 22, 2004
Sold by
Sahota Bhupinder Kaur and Sahota Sohan
Bought by
Grewal Gurmeet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,200
Interest Rate
5.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Palm John W $340,000 First American Title Company
Gmac Mortgage Llc $324,000 First American Title Company
Varela Raymundo $799,000 Chicago Title Co
Jrg Llc -- --
Grewal Gurmeet -- Chicago Title Company
Grewal Gurmeet $146,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palm John W $185,000
Closed Palm John W $120,000
Open Palm John W $575,000
Closed Palm John W $177,000
Closed Palm John W $140,000
Closed Palm John W $74,300
Closed Palm John W $32,000
Closed Palm John W $411,700
Closed Palm John W $408,000
Closed Palm John W $388,000
Closed Palm John W $333,841
Previous Owner Varela Raymundo $639,200
Previous Owner Jrg Llc $1,430,000
Previous Owner Grewal Gurmeet $117,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2013 07/12/13 Sold $340,000 +6.3% $92 / Sq Ft
05/05/2013 05/05/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $319,900 -- $86 / 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 $5,248 $492,222 $79,676 $412,546
2024 $5,248 $482,571 $78,114 $404,457
2023 $5,175 $473,110 $76,583 $396,527
2022 $5,108 $463,834 $75,082 $388,752
2021 $5,095 $454,740 $73,610 $381,130
2020 $5,133 $450,078 $72,856 $377,222
2019 $5,052 $441,254 $71,428 $369,826
2018 $4,621 $432,603 $70,028 $362,575
2017 $4,067 $359,121 $68,655 $290,466
2016 $4,004 $352,080 $67,309 $284,771
2015 $3,942 $346,792 $66,298 $280,494
2014 $3,858 $340,000 $65,000 $275,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC13080152

California Regional Multiple Listing Service (CRMLS)

APN: 057-650-005