NOT LISTED FOR SALE

Estimated Value: $325,000 - $374,866

3 Beds
2 Baths
1,510 Sq Ft
$237/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $305,000 $202 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,228/month

49 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Living Room
  • El Capitan High School Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of July 2023

Welcome to 578 Raquel Court, located in the beautiful city of Merced, California! This charming home features 3 bedrooms, 2 baths, and 1,510 square feet of living space, making it the perfect place to call home. Built in 2005, this well-constructed home sits on a spacious lot, offering a fantastic opportunity for both first-time buyers, investors, and flippers.
As you step inside, you'll immediately feel the warm and inviting atmospheric potential from the layout of this home. The open and airy living area is perfect for hosting small gatherings with friends. With some serious tender loving care, and a dash of elbow grease, this home has the potential to shine like the gem that it is.
Step outside, and you'll find yourself in a spacious backyard, perfect for outdoor barbeques, birthdays, and entertaining.
Don't miss out on this fantastic opportunity to own a piece of Merced real estate. Contact us today to schedule a showing - you won't be disappointed!

Last Agent to Sell the Property

Jared Ruscoe

BHGRE Everything Real Estate License #02025897 Listed on: 04/05/2023

BHGRE Everything Real Estate

Last Buyer's Agent

Jose Cibrian

Exit Realty Consultants License #01976111

Exit Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,528

Year Built

  • Built in 2005

Lot Details

  • 6,220 Sq Ft Lot
  • Private Yard
  • Lawn
  • Back Yard
  • Property is zoned R-1-5

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,510 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 222022023000
  • $486 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,528

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R-1-5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 222022023000
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1510.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 201.99
  • Room Type: Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Merced City

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lawn, Yard
  • Lot Size Sq Ft: 6220.00
  • Lot Size Acres: 0.1428

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6220.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 16.03
  • Tax Lot: 46
  • TaxOtherAnnualAssessmentAmount: 486.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Jul 3, 2023
Sold by
Roque Baltazar E and Roque Maria Lea
Bought by
Osorio Ciro Olvera
Seller's Agent
Jared Ruscoe
BHGRE Everything Real Estate
Buyer's Agent
Jose Cibrian
Exit Realty Consultants
List Price
$330,000
Sold Price
$305,000
Premium/Discount to List
-$25,000
-7.58%
Views
112
Current Estimated Value
$353,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,182
Avg. Annual Appreciation
6.96%
Original Mortgage
$299,475
Outstanding Balance
$292,645
Interest Rate
6.57%
Mortgage Type
FHA
Estimated Equity
$58,138
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
Osorio Ciro Olvera $305,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osorio Ciro Olvera $299,475
Previous Owner Roque Baltazar Espiritu $49,704
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $305,000 -1.6% $202 / Sq Ft
07/07/2023 07/07/23 Price Changed $310,000 0.0% $205 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/22/2023 05/22/23 Price Changed $310,000 -6.1% $205 / Sq Ft
04/05/2023 04/05/23 For Sale $330,000 -- $219 / 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 $3,528 $311,100 $86,700 $224,400
2024 $3,528 $305,000 $85,000 $220,000
2023 $3,486 $304,789 $120,574 $184,215
2022 $3,474 $298,813 $118,210 $180,603
2021 $3,195 $258,500 $70,000 $188,500
2020 $2,668 $227,000 $50,000 $177,000
2019 $2,703 $229,500 $55,000 $174,500
2018 $2,415 $205,500 $45,000 $160,500
2017 $2,179 $184,000 $45,000 $139,000
2016 $1,993 $163,000 $40,000 $123,000
2015 $2,029 $168,000 $40,000 $128,000
2014 $1,589 $131,000 $30,000 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC23056585

California Regional Multiple Listing Service (CRMLS)

APN: 222-022-023