NOT LISTED FOR SALE

550 Fairmont Dr Los Banos, CA 93635

Estimated Value: $412,330 - $426,000

3 Beds
2 Baths
1,264 Sq Ft
$331/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $300,000 $237 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,567/month

6 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Attached Garage
  • Bathtub with Shower
  • No HOA
  • Double Pane Windows
  • Living Room

About This Home

As of February 2019

Lovely 3 bedroom, 2 bath home featuring large great room with fireplace, kitchen with eat-in area, master with walk-in closet, indoor laundry area, 2 car garage, central heat and air and a beautifully landscaped rear yard with pergola.

Last Agent to Sell the Property

Kim Ribeiro

Coldwell Banker Kaljian & Associates License #01075644 Listed on: 12/27/2018

Coldwell Banker Kaljian & Associates

Last Buyer's Agent

Lidia Arciniega

Pierce Real Estate License #02055148

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,507

Year Built

  • Built in 2005

Lot Details

  • 5,998 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Living Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 424-104-003-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,507

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Tract
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 2005
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet,Linoleum/Vinyl
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 2.00
  • Dining Room Features: Space in Kitchen
  • Room Type: Baths Other
  • Price Per Square Foot: 237.34
  • Square Footage: 1264
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Foundation: Slab
  • Listing Price: 295000.00
  • Lot Features: Shape Regular
  • Pool: No
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Los Banos Unified

Lot Info

  • Zoning Description: R1
  • Irrigation: None
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 5998

Tax Info

  • Assessor Parcel Number: 424-104-003-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2018
Closed on
Feb 1, 2019
Sold by
Estrada Stephanie
Bought by
Arciniega Othoniel
Seller's Agent
Kim Ribeiro
Coldwell Banker Kaljian & Associates
Buyer's Agent
Lidia Arciniega
Pierce Real Estate
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%
Current Estimated Value
$418,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,583
Avg. Annual Appreciation
5.08%
Original Mortgage
$294,566
Outstanding Balance
$262,762
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$155,821

Purchase Details

Listed on
Dec 27, 2018
Closed on
Jan 24, 2019
Sold by
Estrada Stephanie
Bought by
Arciniega Othoniel
Seller's Agent
Kim Ribeiro
Coldwell Banker Kaljian & Associates
Buyer's Agent
Lidia Arciniega
Pierce Real Estate
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Outstanding Balance
$262,762
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$155,821

Purchase Details

Closed on
Aug 28, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
King Brian C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,720
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2008
Sold by
Henry Leonida
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-2

Purchase Details

Closed on
Jan 5, 2006
Sold by
Batiste Sandra Pettway
Bought by
Henry Leonida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,400
Interest Rate
6.32%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 14, 2005
Sold by
Regency Park Estates 1-4 Llc
Bought by
Batiste Sandra Pettway

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,410
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Arciniega Othoniel -- Trans County Title
Arciniega Othoniel $300,000 Trans County Title
Arciniega Othoniel -- Transcounty Title Company
Arciniega Othoniel $300,000 Transcounty Title Company
King Brian C $116,000 Lsi Title Company
King Brian C -- Lsi Title Company
Deutsche Bank National Trust Co $160,000 Servicelink
Henry Leonida $397,000 Fidelity Title Company
Henry Leonida -- Fidelity Title Company
Batiste Sandra Pettway $294,500 Fidelity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arciniega Othoniel $294,566
Closed Arciniega Othoniel $294,566
Closed Arciniega Othoniel $294,566
Closed Arciniega Othoniel $8,836
Previous Owner King Brian C $92,720
Previous Owner Henry Leonida $79,400
Previous Owner Henry Leonida $317,600
Previous Owner Batiste Sandra Pettway $235,410
Closed Batiste Sandra Pettway $58,853
Closed Arciniega Othoniel $10,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2019 02/08/19 Sold $300,000 +1.7% $237 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
12/27/2018 12/27/18 For Sale $295,000 -- $233 / Sq Ft
Source: MetroList

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 $4,507 $334,650 $94,816 $239,834
2024 $4,507 $328,089 $92,957 $235,132
2023 $4,256 $321,657 $91,135 $230,522
2022 $4,162 $315,351 $89,349 $226,002
2021 $4,081 $309,169 $87,598 $221,571
2020 $4,008 $306,000 $86,700 $219,300
2019 $2,200 $136,463 $88,307 $48,156
2018 $2,130 $133,788 $86,576 $47,212
2017 $2,075 $131,166 $84,879 $46,287
2016 $2,056 $128,595 $83,215 $45,380
2015 $1,995 $126,665 $81,966 $44,699
2014 $1,926 $124,185 $80,361 $43,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18082878

MetroList

APN: 424-104-003