NOT LISTED FOR SALE

Estimated Value: $439,000 - $531,809

5 Beds
3.5 Baths
3,100 Sq Ft
$158/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $430,000 $139 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,930/month

8 Days on Market

Highlights

  • 2.4 Acre Lot
  • Main Floor Bedroom
  • Granite Countertops
  • Pasture Views
  • Loft
  • No HOA

About This Home

As of January 2022

Looking for a country home on a few acres yet blocks from the City? Well look no further! This 2.4 acre 3,100 sq ft home is waiting for the special someone to fix it up to its full potential. The home remodeling was started and needs to be completed. There is 3 bedrooms down stairs and upstairs has the Master Bedroom with bathroom, additional full bath, loft, study room, another bedroom, balcony, and bonus room/storage room. This home previously was 2 units with a wall separating the units from the dining area. The upstairs was one unit and the down stairs another. There is still currently 2 addresses and 2 PGE meters, one for each address. This can be easily converted back to the 2 units if desired. The home sits privately at the end of the county road with private front entry gate. Owners have 45 dragon Fruit Trees with many additional fruit trees. 2 sheds one is 12x14 the other 12x22. Well is 4 years old @ 2.5 horse power and the city sewer pipes were put in new 10 years ago.

Last Agent to Sell the Property

Elisa Trevino

Homesmart PV & Assoc., Merced License #02030949 Listed on: 08/23/2021

Homesmart PV & Assoc., Merced

Last Buyer's Agent

Nai Saechao

Homesmart PV & Assoc., Merced License #01897796

Homesmart PV & Assoc., Merced

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 2.4 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Chain Link Fence
  • Garden
  • Density is 2-5 Units/Acre
  • Property is zoned R-2

Home Design

  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper
  • Slab Foundation

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Bonus Room
  • Pasture Views
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Rooftop Access
  • Shed

Farming

  • Pasture

Utilities

  • Central Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 059240042000
  • $155 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel, Not Maintained
  • View: Yes
  • Zoning: R-2
  • Property Condition: Fixer, Repairs Cosmetic, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 059240042000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3100.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Separated
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 138.71
  • Room Type: Bonus Room, Kitchen, Laundry, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: Pasture
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Covered, Front Porch, Roof Top
  • Pool Private: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Garden, Pasture
  • Lot Size Sq Ft: 104544.00
  • Lot Size Acres: 2.4000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 104544.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 16.02
  • Tax Lot: 34
  • TaxOtherAnnualAssessmentAmount: 155.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Jan 18, 2022
Sold by
Emanivong Sousita B
Bought by
Phanh Sean and Vang Lee Houa
Seller's Agent
Elisa Trevino
Homesmart PV & Assoc., Merced
Buyer's Agent
Nai Saechao
Homesmart PV & Assoc., Merced
List Price
$475,000
Sold Price
$430,000
Premium/Discount to List
-$45,000
-9.47%
Current Estimated Value
$489,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,702
Avg. Annual Appreciation
3.32%
Original Mortgage
$344,000
Outstanding Balance
$317,039
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$172,663

Purchase Details

Listed on
Oct 21, 2011
Closed on
Mar 13, 2012
Sold by
Emanivong Souphanthong
Bought by
Emanivong Sousista B
Seller's Agent
Donald Oliveira
HomeSmart PV & Associates
Buyer's Agent
Lucia Valencia
HomeSmart PV & Associates
List Price
$149,900
Sold Price
$91,000
Premium/Discount to List
-$58,900
-39.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.89%

Purchase Details

Listed on
Oct 21, 2011
Closed on
Feb 6, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Emanivong Souphanthong
Seller's Agent
Donald Oliveira
HomeSmart PV & Associates
Buyer's Agent
Lucia Valencia
HomeSmart PV & Associates
List Price
$149,900
Sold Price
$91,000
Premium/Discount to List
-$58,900
-39.29%

Purchase Details

Closed on
Feb 2, 2011
Sold by
Arzamendi Fred and Arzamendi Maura
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 12, 2007
Sold by
Arzamendi Fred and Arzamendi Maura
Bought by
Arzamendi Fred and Arzamendi Maura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,600
Interest Rate
6.14%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 17, 2003
Sold by
Arzamendi Fred and Arzamendi Maura
Bought by
Arzamendi Fred and Arzamendi Maura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 4, 2002
Sold by
Arzamendi Fred and Arzamendi Maura
Bought by
Arzamendi Fred and Arzamendi Maura
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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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
Phanh Sean $430,000 First American Title
Emanivong Sousista B -- None Available
Emanivong Souphanthong $91,000 Ticor Title
Federal Home Loan Mortgage Corporation $146,803 None Available
Arzamendi Fred -- None Available
Arzamendi Fred -- Alliance Title Company
Arzamendi Fred -- Chicago Title Company
Arzamendi Fred -- Chicago Title Company
Arzamendi Fred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phanh Sean $344,000
Previous Owner Arzamendi Fred $281,600
Previous Owner Arzamendi Fred $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2022 01/25/22 Sold $430,000 -9.5% $139 / Sq Ft
09/27/2021 09/27/21 For Sale $475,000 0.0% $153 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $475,000 +422.0% $153 / Sq Ft
02/15/2012 02/15/12 Sold $91,000 -39.3% $40 / Sq Ft View Prior Sale
01/26/2012 01/26/12 Pending -- -- --
10/20/2011 10/20/11 For Sale $149,900 -- $66 / 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 $4,738 $456,318 $201,629 $254,689
2024 $4,738 $447,372 $197,676 $249,696
2023 $4,670 $438,600 $193,800 $244,800
2022 $1,197 $107,699 $76,930 $30,769
2021 $1,193 $105,588 $75,422 $30,166
2020 $1,200 $104,506 $74,649 $29,857
2019 $1,165 $102,458 $73,186 $29,272
2018 $1,062 $100,450 $71,751 $28,699
2017 $1,102 $98,482 $70,345 $28,137
2016 $1,085 $96,552 $68,966 $27,586
2015 $1,068 $95,103 $67,931 $27,172
2014 $1,045 $93,241 $66,601 $26,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC21186261

California Regional Multiple Listing Service (CRMLS)

APN: 059-240-042