NOT LISTED FOR SALE

Estimated Value: $219,000 - $259,000

2 Beds
1 Bath
816 Sq Ft
$292/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $70,000 $86 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $1,395/month

7 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Cottage
  • Gated Parking
  • Neighborhood Views
  • 3-minute walk to McNamara Park

About This Home

As of August 2013

Quiet two bedroom one bath home zoned r2 in the city of Merced This property is fully fenced with alley access and one car garage... The home has indoor laundry and central air for those hot days... This property has plenty of room to add an additional rental or rv parking...

Last Agent to Sell the Property

David Miles

Homesmart PV & Assoc., Merced License #01461279 Listed on: 08/07/2013

Homesmart PV & Assoc., Merced

Last Buyer's Agent

Marcelino Sanchez

Homesmart PV & Assoc., Merced License #01165047

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $926

Year Built

  • Built in 1947

Lot Details

  • 7,405 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Fence is in average condition

Parking

  • 1 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Gated Parking

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 816 Sq Ft Home
  • Tile Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Additional Features

  • More Than Two Accessible Exits
  • Concrete Porch or Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 032161003000

Home Details

Home Type

Single Family

Est. Annual Taxes

$926

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 032161003000
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 816.00
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Levels: One
  • Price Per Square Foot: 85.78
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete, Gated
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2013
Closed on
Aug 16, 2013
Sold by
Chavez Chrispin Ortiz and Chavez Yolanda Sarabia
Bought by
Hernandez Lazaro
Seller's Agent
David Miles
Homesmart PV & Assoc., Merced
Buyer's Agent
Marcelino Sanchez
Homesmart PV & Assoc., Merced
List Price
$59,000
Sold Price
$70,000
Premium/Discount to List
$11,000
18.64%
Current Estimated Value
$238,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,621
Avg. Annual Appreciation
10.47%
Original Mortgage
$40,000
Outstanding Balance
$30,069
Interest Rate
4.51%
Mortgage Type
Seller Take Back
Estimated Equity
$200,150

Purchase Details

Closed on
Aug 27, 2009
Sold by
Chavez Chrispin Ortiz and Chavez Yolanda Sarabia
Bought by
Chavez Chrispin Ortiz and Chavez Yolanda Sarabia

Purchase Details

Closed on
Nov 12, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Chavez Crispin O and Chavez Yolanda S

Purchase Details

Closed on
Mar 5, 2008
Sold by
Gonzalez Jose M and Gonzalez Maria G
Bought by
Deutsche Bank National Trust Co and Hsi Asset Securitization Corp 2006-Opt2

Purchase Details

Closed on
Mar 28, 2005
Sold by
Gonzales Paul M and Gonzales Socorro D
Bought by
Gonzalez Jose M and Gonzalez Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
10.85%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Hernandez Lazaro $70,000 Transcounty Title Company
Chavez Chrispin Ortiz -- None Available
Chavez Crispin O $38,000 First American Title
Deutsche Bank National Trust Co $123,250 None Available
Gonzalez Jose M $126,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Lazaro $40,000
Previous Owner Gonzalez Jose M $225,000
Previous Owner Gonzalez Jose M $121,500
Previous Owner Gonzales Paul M $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2013 08/23/13 Sold $70,000 +18.6% $86 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $59,000 -- $72 / 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 $926 $85,797 $18,382 $67,415
2024 $926 $84,116 $18,022 $66,094
2023 $913 $82,468 $17,669 $64,799
2022 $900 $80,852 $17,323 $63,529
2021 $898 $79,268 $16,984 $62,284
2020 $903 $78,456 $16,810 $61,646
2019 $890 $76,919 $16,481 $60,438
2018 $812 $75,411 $16,158 $59,253
2017 $842 $73,934 $15,842 $58,092
2016 $829 $72,485 $15,532 $56,953
2015 $816 $71,397 $15,299 $56,098
2014 $799 $70,000 $15,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC13157839

California Regional Multiple Listing Service (CRMLS)

APN: 032-161-003