NOT LISTED FOR SALE

Estimated Value: $339,000 - $364,846

3 Beds
2 Baths
1,091 Sq Ft
$322/Sq Ft Est. Value

About This Home

This home is located at 406 Lucas Ct, Merced, CA 95341 and is currently estimated at $350,962, approximately $321 per square foot. 406 Lucas Ct is a home located in Merced County with nearby schools including Farmdale Elementary School, Weaver Middle School, and Golden Valley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2007
Sold by
Us Bank Na
Bought by
Lopez Roberto Cortes and Cortes Gabriela
Current Estimated Value
$348,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2007
Sold by
Guzman Mercedes
Bought by
Us Bank Na

Purchase Details

Closed on
May 1, 2006
Sold by
Jaramillo Alejandra and Guzman Mercedes Y
Bought by
Guzman Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 8, 2004
Sold by
Zapata Manuel O and Zapata Claudia
Bought by
Jaramillo Alejandra and Guzman Mercedes Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2002
Sold by
H/S Development Company Llc
Bought by
Zapata Manuel O and Zapata Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,852
Interest Rate
6.7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lopez Roberto Cortes $187,000 Transcounty Title Company
Us Bank Na $216,000 Accommodation
Guzman Mercedes -- Fidelity Title Company
Jaramillo Alejandra $220,000 Alliance Title Company
Zapata Manuel O $124,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Roberto Cortes $155,800
Closed Lopez Roberto Cortes $187,000
Previous Owner Cortez Luis $11,500
Previous Owner Guzman Mercedes $268,000
Previous Owner Jaramillo Alejandra $176,000
Previous Owner Zapata Manuel O $122,852
Closed Zapata Manuel O $7,200
Closed Jaramillo Alejandra $44,000
Source: Public Records

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 $3,483 $245,612 $118,208 $127,404
2024 $3,483 $240,797 $115,891 $124,906
2023 $3,387 $236,076 $113,619 $122,457
2022 $3,371 $231,448 $111,392 $120,056
2021 $3,367 $226,910 $109,208 $117,702
2020 $3,196 $213,500 $50,000 $163,500
2019 $3,097 $204,500 $55,000 $149,500
2018 $2,803 $181,000 $45,000 $136,000
2017 $1,857 $160,000 $45,000 $115,000
2016 $1,632 $135,000 $40,000 $95,000
2015 $1,495 $125,000 $40,000 $85,000
2014 $1,049 $87,000 $30,000 $57,000
Source: Public Records

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