NOT LISTED FOR SALE

575 W North Bear Creek Dr Merced, CA 95348

North Merced Neighborhood

Estimated Value: $1,251,232

4 Beds
5 Baths
4,026 Sq Ft
$311/Sq Ft Est. Value

Last Sold May 13, 2014

Last sale price $650,000 $161 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $7,535/month

10 Days on Market

Highlights

  • 1.5 Acre Lot
  • Sun or Florida Room
  • Double Door Entry
  • Wood Flooring
  • Lawn
  • Laundry Room

About This Home

As of May 2014

Fully Functioning Bed & Breakfast and popular local landmark known as The Hooper House Bear Creek Inn located in the center of Merced, on the corner of M & Bear Creek Dr. Adjoining property 2833 St. Patrick Ct is also part of the sale.

Last Agent to Sell the Property

Loren Gonella

CB Commercial, Select Real Estate License #00575211 Listed on: 02/17/2014

CB Commercial, Select Real Estate

Co-Listed By

Janet Bamford

Keller Williams Property Team License #01752707

Last Buyer's Agent

Kelly Pirtle

Century 21 Select Real Estate License #01221691

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,607

Year Built

  • Built in 1935

Lot Details

  • 1.5 Acre Lot
  • No Common Walls
  • Wood Fence
  • Landscaped
  • Lawn

Parking

  • 8 Parking Spaces

Home Design

  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • All Upper Level Bedrooms
  • 4,026 Sq Ft Home
  • Double Door Entry
  • Living Room with Fireplace
  • Sun or Florida Room
  • Wood Flooring
  • Basement

Kitchen

  • Gas and Electric Range
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Outdoor Storage
  • Outbuilding

Additional Features

  • Customized Wheelchair Accessible
  • Central Heating and Cooling System

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 007310002000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,607

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Real Property as well as Bed & Breakfast business.
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • Property Type: Residential Income
  • Parcel Number: 007310002000
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Customized Wheelchair Accessible
  • Appliances: Yes
  • Door Features: Double Door Entry
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 161.45
  • Room Type: Basement, All Bedrooms Up, Living Room, Sun

Exterior Features

  • Foundation: Raised
  • Other Structures: Outbuilding, Storage
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas & Electric Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Outside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lawn, Landscaped
  • Lot Size Sq Ft: 65340.00
  • Lot Size Acres: 1.5000

Multi Family

  • Lot Size Area: 65340.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Control: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2014
Closed on
May 7, 2014
Sold by
Hooper Properties Llc
Bought by
Bear Creek Inn Llc
Seller's Agent
Loren Gonella
CB Commercial, Select Real Estate
Buyer's Agent
Kelly Pirtle
Century 21 Select Real Estate
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$1,251,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,232
Avg. Annual Appreciation
5.83%

Purchase Details

Closed on
May 22, 2001
Sold by
Hooper Jack F
Bought by
Hooper Properties Llc

Purchase Details

Closed on
Nov 14, 1997
Sold by
Hooper Jack F and Hooper Mona J
Bought by
Hooper Jack F and Hooper Mona J
Source: Public Records

Range of Values:

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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
Bear Creek Inn Llc $650,000 Fidelity National Title Comp
Hooper Properties Llc -- --
Hooper Jack F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hooper Jack F $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2014 05/13/14 Sold $650,000 0.0% $161 / Sq Ft
02/27/2014 02/27/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $650,000 -- $161 / 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 $8,607 $880,397 $318,718 $561,679
2024 $8,607 $803,526 $312,469 $491,057
2023 $8,287 $769,066 $306,343 $462,723
2022 $8,202 $756,062 $300,337 $455,725
2021 $8,155 $738,648 $294,449 $444,199
2020 $8,317 $739,643 $291,430 $448,213
2019 $8,192 $725,588 $285,716 $439,872
2018 $7,457 $709,737 $280,114 $429,623
2017 $7,752 $696,878 $274,622 $422,256
2016 $7,527 $673,824 $269,238 $404,586
2015 $7,409 $663,877 $265,194 $398,683
2014 $6,227 $559,024 $231,044 $327,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC14035209

California Regional Multiple Listing Service (CRMLS)

APN: 007-310-002