NOT LISTED FOR SALE

489 E Olive Ave Merced, CA 95340

North Merced Neighborhood

Estimated Value: $400,464 - $434,000

3 Beds
2 Baths
1,713 Sq Ft
$245/Sq Ft Est. Value

Last Sold September 11, 2015

Last sale price $189,000 $110 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,435/month

34 Days on Market

Highlights

  • Home Theater
  • Updated Kitchen
  • Private Yard
  • All Bedrooms Downstairs
  • Granite Countertops
  • 2-minute walk to Burbank Park

About This Home

As of September 2015

YOU'D THINK IT'S BRAND NEW!! This home was renovated in 2014! You must see to appreciate this 3 bedroom, 2 bath home with granite counters, soft close cabinets, stainless appliances, wired for sound, plumbed for a wet bar, jetted tub, wood floors, extra insulation throughout, wired for projection and sound and data, HVAC and roof installed in 2014 and sooo much more on an almost 10,000 sqft lot.

Last Agent to Sell the Property

Jeff Lawry

London Properties Ltd - Merced License #01310152 Listed on: 06/11/2015

London Properties Ltd - Merced

Last Buyer's Agent

Jeff Lawry

London Properties Ltd - Merced License #01310152 Listed on: 06/11/2015

London Properties Ltd - Merced

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,859

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 9,375 Sq Ft Lot
  • Private Yard

Home Design

  • Raised Foundation
  • Stucco

Interior Spaces

  • 1,713 Sq Ft Home
  • Wired For Sound
  • Wired For Data
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Family Room with Fireplace
  • Living Room
  • Home Theater
  • Home Gym
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Additional Features

  • Exterior Lighting
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 006132027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,859

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 006132027
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1713.00
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Wired for Data, Granite Counters, Wired for Sound
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 110.33
  • Room Type: All Bedrooms Down, Family Room, Exercise Room, Living Room, Home Theatre
  • Window Features: Insulated Windows, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Water Purifier
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Urban

Lot Info

  • Lot Features: Lot 6500-9999, Yard
  • Lot Size Sq Ft: 9375.00
  • Price Per Lot Square Foot: 20.16
  • Lot Size Acres: 0.2150

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9375.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2024
Sold by
Vazquez Helen
Bought by
Duenas Andres and Iniguez Lilly
Current Estimated Value
$418,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,192
Outstanding Balance
$393,613
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$25,253

Purchase Details

Closed on
Mar 31, 2019
Sold by
Croasdale Jacob and Croasdale Grethel
Bought by
Vazquez Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2015
Closed on
Aug 19, 2015
Sold by
Velasquez Daniel and Velasquez Andrea
Bought by
Croasdale Jacob and Croasdale Grethel
Seller's Agent
Jeff Lawry
London Properties Ltd - Merced
Buyer's Agent
Jeff Lawry
London Properties Ltd - Merced
List Price
$199,000
Sold Price
$189,000
Premium/Discount to List
-$10,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$183,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Velasquez Daniel and Velasquez Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,908
Interest Rate
6.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2007
Sold by
Montes Fredy
Bought by
Hsbc Bank Usa Na and Gsaa Home Equity Trust 2005-9

Purchase Details

Closed on
Mar 30, 2005
Sold by
Peterson Amelia N
Bought by
Montes Fredy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2000
Sold by
Fischer William A and Fischer Dawn R
Bought by
Peterson Amelia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,215
Interest Rate
8.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Duenas Andres $419,500 Stewart Title Of California
Vazquez Helen $245,000 Trans County Title Company
Croasdale Jacob $189,000 Fidelity National Title Co
Velasquez Daniel $129,000 Transcounty Title Company
Hsbc Bank Usa Na $215,000 Accommodation
Montes Fredy $312,000 Transcounty Title Company
Peterson Amelia N $96,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duenas Andres $398,192
Previous Owner Vazquez Helen $220,500
Previous Owner Croasdale Jacob $183,000
Previous Owner Velasquez Daniel $126,908
Previous Owner Montes Fredy $249,600
Previous Owner Peterson Amelia N $95,215
Closed Montes Fredy $62,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2015 09/11/15 Sold $189,000 -5.0% $110 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $199,000 -- $116 / 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 $2,859 $419,150 $120,000 $299,150
2024 $2,859 $273,300 $71,084 $202,216
2023 $2,817 $267,942 $69,691 $198,251
2022 $2,778 $262,689 $68,325 $194,364
2021 $2,771 $257,539 $66,986 $190,553
2020 $2,791 $254,900 $66,300 $188,600
2019 $2,193 $200,567 $47,754 $152,813
2018 $1,998 $196,635 $46,818 $149,817
2017 $2,073 $192,780 $45,900 $146,880
2016 $2,039 $189,000 $45,000 $144,000
2015 $1,071 $102,388 $53,573 $48,815
2014 $1,436 $135,407 $52,524 $82,883
Source: Public Records

Agents Affiliated with this Home

  • Jeff Lawry

    Seller's Agent in 2015

    Jeff Lawry

    London Properties Ltd - Merced

    (209) 261-8969

    58 in this area

    141 Total Sales

    Jeff Lawry
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC15127150

California Regional Multiple Listing Service (CRMLS)

APN: 006-132-027

California Merced County Merced 95340 North Merced

489 E Olive Ave, Merced, CA

This home is located at 489 E Olive Ave, Merced, CA 95340 since 11 June 2015 and is currently estimated at $418,866, approximately $244 per square foot. This property was built in 1957. 489 E Olive Ave is a home located in Merced County with nearby schools including Donn B. Chenoweth Elementary School, Herbert H. Cruickshank Middle School, and Merced High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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