NOT LISTED FOR SALE

3389 E Olive Ave Merced, CA 95340

Estimated Value: $664,000 - $798,000

3 Beds
2 Baths
2,249 Sq Ft
$318/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $670,000 $298 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,297/month

90 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Horse Property Improved
  • Neighborhood Views
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of April 2023

The home was a custom build back in the day, built in 1968 & appears to have amazing bones, this charmer is located on a cherry lot, with almost 5 acres, home sports a 2,200 sq ft 3 Bedroom, 2 Bath on 4.9 acres with barn buildings. A detached outbuilding could be a shop, man or gal cave, its finished off and has a bathroom, Possible guest quarters, this gem is Near UC Campus Parkway. Property has stalls and runs, the back lot is or could be pasture, as well as in the front yard area. 2 car garage with breeze way. Hard wood floors in home, and brick floors too, truly this could be a show place again with a little TLC. Tons of customized brick work, fireplace with insert (may not be EPA approved) kitchen was designed back in the day to accommodate a lot of hands. A MUST-see property. Lots of panels on the property, has tons and tons of parking. This is a ideal location for a home or high demand rental. Septic tank is being pumped shortly.

Last Agent to Sell the Property

Terry Priest

Roberta Flanagan Realtor, Inc License #01472512 Listed on: 12/16/2022

Co-Listed By

Peggy Flanagan

Roberta Flanagan Realtor, Inc License #00622402

Last Buyer's Agent

Mathew Madruga

EXP Realty of California, INC License #02075873

EXP Realty of California, INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 4.9 Acre Lot
  • Rural Setting
  • Property is zoned A-1

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,249 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Merced Elementary School
  • Merced Union High School

Horse Facilities and Amenities

  • Horse Property Improved

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 111
  • Assessor Parcel Number 238040006000
  • $635 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

4.9 Acres

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: A-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 238040006000
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2249.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 297.91
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Septic Type Unknown
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Merced
  • High School: Merced Union
  • Elementary School #2: MERCED
  • High School2: MERUNI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property Improved
  • Lot Size Sq Ft: 213444.00
  • Lot Size Acres: 4.9000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 213444.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 12.00
  • Tax Lot: 111
  • TaxOtherAnnualAssessmentAmount: 635.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Mar 30, 2023
Sold by
Ruth H And Garry E Stoddard Trust
Bought by
Heyn Andrea N and Bossio Glenn P
Seller's Agent
Terry Priest
Roberta Flanagan Realtor, Inc
Buyer's Agent
Mathew Madruga
EXP Realty of California, INC
List Price
$725,000
Sold Price
$670,000
Premium/Discount to List
-$55,000
-7.59%
Views
361
Current Estimated Value
$715,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,180
Avg. Annual Appreciation
2.30%
Original Mortgage
$636,500
Outstanding Balance
$618,484
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$96,696

Purchase Details

Closed on
May 18, 2009
Sold by
Stoddard Garry E and Stoddard Ruth H
Bought by
Stoddard Gary E and Stoddard Ruth H

Purchase Details

Closed on
Jan 31, 2002
Sold by
Kirby William T and Kirby Shirley L
Bought by
Stoddard Garry E and Stoddard Ruth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 30, 1997
Sold by
Kirby William T and Kirby Shirley L
Bought by
Kirby William T and Kirby Shirley L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Heyn Andrea N $670,000 Fidelity National Title Compan
Stoddard Gary E -- None Available
Stoddard Garry E $450,000 Chicago Title Co
Kirby William T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heyn Andrea N $636,500
Previous Owner Stoddard Garry E $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2023 04/06/23 Sold $670,000 -2.2% $298 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
01/04/2023 01/04/23 Price Changed $685,000 -5.5% $305 / Sq Ft
12/16/2022 12/16/22 For Sale $725,000 -- $322 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,356 $697,068 $322,524 $374,544
2024 $7,356 $683,400 $316,200 $367,200
2023 $7,139 $646,018 $127,783 $518,235
2022 $6,904 $633,352 $125,278 $508,074
2021 $6,435 $580,000 $225,000 $355,000
2020 $5,823 $515,000 $210,000 $305,000
2019 $5,648 $500,000 $205,000 $295,000
2018 $5,256 $500,000 $225,000 $275,000
2017 $5,009 $450,000 $225,000 $225,000
2016 $4,750 $425,000 $200,000 $225,000
2015 $4,467 $400,000 $200,000 $200,000
2014 $3,623 $325,000 $120,000 $205,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC22231058

California Regional Multiple Listing Service (CRMLS)

APN: 238-040-006

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