NOT LISTED FOR SALE

518 Cadiz Ct Merced, CA 95341

South Merced Neighborhood

Estimated Value: $411,000 - $450,000

4 Beds
3 Baths
2,002 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 27, 2023

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

Est. 6% increase in value since last sale

Current estimated payment $2,707/month

About This Home

This home is located at 518 Cadiz Ct, Merced, CA 95341 and is currently estimated at $425,124, approximately $212 per square foot. 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.

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
$425,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,124
Avg. Annual Appreciation
2.25%
Original Mortgage
$361,212
Outstanding Balance
$351,482
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$73,642

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
Collateral Analytics

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ICE

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First American

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Quantarium

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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 Prior Sale
06/27/2023 06/27/23 Sold $400,000 +39.4% $200 / Sq Ft View Prior Sale
10/05/2020 10/05/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $286,999 -- $143 / Sq Ft

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

  • Moe Jawad

    Seller's Agent in 2023

    Moe Jawad

    Keller Williams Property Team

    (209) 248-8365

    24 in this area

    48 Total Sales

    Moe Jawad
    Section Image
  • Kellie Leach

    Buyer's Agent in 2023

    Kellie Leach

    EXP Realty of California, INC

    (888) 584-9427

    1 in this area

    77 Total Sales

    Kellie Leach
    Section Image
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Map

California Merced County Merced 95341 South Merced

518 Cadiz Ct, Merced, CA

Not Listed for Sale

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