NOT LISTED FOR SALE

Estimated Value: $421,000 - $461,000

4 Beds
2.5 Baths
2,002 Sq Ft
$217/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $400,000 $200 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,727/month

3 Days on Market

Highlights

  • New Construction
  • Cathedral Ceiling
  • Neighborhood Views
  • All Bedrooms Downstairs
  • No HOA
  • Open to Family Room

About This Home

As of June 2023

This home is located at 518 Cadiz Ct, Merced, CA 95341 since 02 October 2020 and is currently estimated at $434,357, approximately $216 per square foot. This property was built in 2020. 518 Cadiz Ct is a home located in Merced County with nearby schools including Farmdale Elementary School, Weaver Middle School, and Golden Valley High School.

Last Agent to Sell the Property

Moe Jawad

Keller Williams Property Team License #02043712 Listed on: 10/02/2020

Keller Williams Property Team

Last Buyer's Agent

Kellie Leach

EXP Realty of California, INC License #02091652

EXP Realty of California, INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 3,611 Sq Ft Lot
  • Back Yard
  • Property is zoned P-D

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 2,002 Sq Ft Home
  • Cathedral Ceiling
  • Double Pane Windows
  • Family Room Off Kitchen
  • Tile Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • Bathtub

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 259300036000

Home Details

Home Type

Single Family

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: P-D
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 259300036000
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2002.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s)
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 199.80
  • Room Type: All Bedrooms Down, Kitchen, Laundry
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 3611.00
  • Lot Size Acres: 0.0829

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3611.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 16.02
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Jun 19, 2023
Sold by
Jmp Homes Inc
Bought by
Spangler David P and Spangler Alicia D
Seller's Agent
Moe Jawad
Keller Williams Property Team
Buyer's Agent
Kellie Leach
EXP Realty of California, INC
List Price
$286,999
Sold Price
$400,000
Premium/Discount to List
$113,001
39.37%
Views
197
Current Estimated Value
$434,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,357
Avg. Annual Appreciation
3.25%
Original Mortgage
$361,212
Outstanding Balance
$351,482
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$82,875

Purchase Details

Closed on
Feb 6, 2020
Sold by
Sahota Bhupinder Kaur
Bought by
Jmp Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 21, 2009
Sold by
Westamerica Bank
Bought by
Sahota Sohan Singh and Sahota Bhupinder Kaur

Purchase Details

Closed on
May 26, 2009
Sold by
Fjc Investments Llc
Bought by
Westamerica Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spangler David P $400,000 Wfg National Title
Jmp Homes Inc $47,000 North American Title Co Inc
Sahota Sohan Singh $652,000 Lsi Title Company
Westamerica Bank $600,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spangler David P $361,212
Previous Owner Jmp Homes Inc $217,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2023 06/27/23 Sold $400,000 +39.4% $200 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $286,999 -- $143 / 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 $5,648 $416,160 $88,434 $327,726
2024 $5,648 $408,000 $86,700 $321,300
2023 $3,964 $249,403 $49,403 $200,000
2022 $2,026 $73,435 $48,435 $25,000
2021 $540 $47,486 $47,486 $0
2020 $128 $10,618 $10,618 $0
2019 $126 $10,410 $10,410 $0
2018 $120 $10,206 $10,206 $0
2017 $119 $10,006 $10,006 $0
2016 $120 $9,810 $9,810 $0
2015 $116 $9,663 $9,663 $0
2014 $113 $9,474 $9,474 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC20207125

California Regional Multiple Listing Service (CRMLS)

APN: 259-300-036