NOT LISTED FOR SALE

520 M St Los Banos, CA 93635

Estimated Value: $211,000 - $351,000

3 Beds
2 Baths
1,300 Sq Ft
$223/Sq Ft Est. Value

Last Sold June 27, 2013

Last sale price $75,000 $58 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $1,582/month

10 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Cottage

About This Home

As of June 2013

HUD Home. Great opportunity on this HUD home located in older established area of Los Banos near downtown. Lots of potential in this property. This home is 1300sqft 3bd/2ba and is just waiting for you to come but your personal touches on it. Detached garage at the back of the lot has been converted to a 2nd living space (studio). Buyer to investigate all aspects of the property including any zoning concerns and any permit issues. Come take a look at this property to see if it is right for you!

Last Agent to Sell the Property

Julie Kaley

Merced Homes Realty License #01412616 Listed on: 04/09/2013

Last Buyer's Agent

Luz Martinez

Generation Realty Group License #01270326

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 8,900 Sq Ft Lot
  • Lot Dimensions: 50

Parking

  • 1 Car Garage

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 026-041-004-000

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

8,900 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 1920
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Flooring: See Remarks
  • Bathroom Features: See Remarks
  • Bathrooms: 2.00
  • Dining Room Features: Space in Kitchen
  • Room Type: Baths Other,Converted Garage
  • Price Per Square Foot: 57.69
  • Square Footage: 1300

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs
  • Foundation: Raised
  • Listing Price: 72000.00
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Converted Garage,Detached

Utilities

  • Sewer: In & Connected
  • Utilities: All Public
  • Cooling: Central
  • Heating: Central
  • Laundry Features: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Los Banos Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.2043
  • Lot Dimensions: 50 x 178
  • Lot Size Sq Ft: 8900

Tax Info

  • Assessor Parcel Number: 026-041-004-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2013
Closed on
Jun 5, 2013
Sold by
Housing & Urban Development Of Washingto
Bought by
Hernandez Adan Rivera
Seller's Agent
Julie Kaley
Merced Homes Realty
Buyer's Agent
Luz Martinez
Generation Realty Group
List Price
$72,000
Sold Price
$75,000
Premium/Discount to List
$3,000
4.17%
Current Estimated Value
$290,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,341
Avg. Annual Appreciation
11.30%

Purchase Details

Closed on
Feb 1, 2013
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Nov 8, 2011
Sold by
Andrews Jess R and Andrews Collene
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 8, 2010
Sold by
Andrews Jess R and Andrews Collene
Bought by
Andrews Jess R and Andrews Collene

Purchase Details

Closed on
Jun 2, 2008
Sold by
U S Bank National Association
Bought by
Andrews Jess R and Andrews Collene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,402
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2007
Sold by
Buckley Michael
Bought by
U S Bank Na and Structured Asset Investment Loan Trust 2

Purchase Details

Closed on
May 17, 2004
Sold by
Sarmiento Alfredo and Sarmiento Lucrecia
Bought by
Buckley Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1998
Sold by
Costa Frank V and Costa Joaquin
Bought by
Sarmiento Alfredo and Sarmiento Lucrecia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
6.71%
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
Hernandez Adan Rivera $75,000 Chicago Title Company
The Secretary Of Housing & Urban Develop -- Ticor Title Company Inland E
Wells Fargo Bank Na $111,132 Accommodation
Andrews Jess R -- None Available
Andrews Jess R $106,000 First American Title Company
U S Bank Na $293,696 Accommodation
Buckley Michael $175,000 Transcounty Title Company
Sarmiento Alfredo $65,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andrews Jess R $113,402
Previous Owner Buckley Michael $140,000
Previous Owner Sarmiento Alfredo $51,200
Closed Buckley Michael $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2013 06/27/13 Sold $75,000 +4.2% $58 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $72,000 -- $55 / Sq Ft
Source: MetroList

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 $1,031 $92,348 $18,468 $73,880
2024 $1,031 $90,538 $18,106 $72,432
2023 $974 $88,763 $17,751 $71,012
2022 $959 $87,023 $17,403 $69,620
2021 $950 $85,317 $17,062 $68,255
2020 $938 $84,444 $16,888 $67,556
2019 $922 $82,789 $16,557 $66,232
2018 $894 $81,167 $16,233 $64,934
2017 $883 $79,576 $15,915 $63,661
2016 $894 $78,016 $15,603 $62,413
2015 $875 $76,845 $15,369 $61,476
2014 $851 $75,340 $15,068 $60,272
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Julie Kaley

    Merced Homes Realty

    (209) 499-6999

    1 in this area

    43 Total Sales

    Julie Kaley
    Section Image

  • L

    Buyer's Agent in 2013

    Luz Martinez

    Generation Realty Group

    Section Image
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Map

Source: MetroList

MLS Number: 13019433

MetroList

APN: 026-041-004

California Merced County Los Banos 93635

520 M St, Los Banos, CA

Not Listed for Sale

Detached

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