NOT LISTED FOR SALE

6753 E Olive Ave Merced, CA 95340

Estimated Value: $668,000

2 Beds
1 Bath
871 Sq Ft
$767/Sq Ft Est. Value

Last Sold August 02, 2017

Last sale price $1,000,000 $1,148 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $4,112/month

194 Days on Market

Highlights

  • 2,003,760 Sq Ft lot
  • Wood Flooring
  • Double Pane Windows
  • Orchard Views
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2017

Bear Creek meanders along the south side of this 46+/- acres. APN 053-240-028 and 26 acres of the eastern portion of APN 053-240-009 are included. A lot line adjustment to be completed prior to the close of escrow. the property is within the Merced irrigation district. 7 acres are Chandler Walnuts planted in 2013 currently on a drip & filtration system. the other 35+/- acres are old figs not currently farmed or maintained. There is a cottage style home which was built in 1918 or there is plenty of room to build your dream home.

Last Agent to Sell the Property

Niki Upton

London Properties/Chowchi License #00597076 Listed on: 10/14/2016

London Properties/Chowchi

Last Buyer's Agent

Niki Upton

London Properties/Chowchi License #00597076 Listed on: 10/14/2016

London Properties/Chowchi

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918

Lot Details

  • 46 Acre Lot
  • Rural Setting
  • Irregular Lot
  • Property is zoned A-1

Home Design

  • Ranch Style House
  • Raised Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 871 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Orchard Views
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Parking

  • Parking Available
  • RV Potential

Farming

  • Agricultural

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Shared Well
  • Shared Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 053240028000

Home Details

Home Type

Single Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: A-1
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 053240028000
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 871.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1148.11
  • Room Type: All Bedrooms Down, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • View: Orchard
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame

Garage/Parking

  • Parking: Yes
  • Parking Features: RV Potential

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range
  • Electric: 220 Volts in Laundry
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Shared Septic
  • Water Source: Shared Well
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural - Tree/Orchard, Irregular Lot
  • Lot Size Sq Ft: 2003760.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1

Tax Info

  • Tax Census Tract: 19.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2016
Closed on
Jul 21, 2017
Sold by
Gladwin Blair and Gladwin Tonetta
Bought by
Lhr Farms Llc
Seller's Agent
Niki Upton
London Properties/Chowchi
Buyer's Agent
Niki Upton
London Properties/Chowchi
List Price
$1,150,000
Sold Price
$1,000,000
Premium/Discount to List
-$150,000
-13.04%
Current Estimated Value
$668,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$332,000
Avg. Annual Appreciation
-3.86%

Purchase Details

Closed on
Aug 20, 2010
Sold by
Brown Annamarie
Bought by
Gladwin Blair and Gladwin Tonetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.34%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lhr Farms Llc $1,000,000 Fidelity National Title
Gladwin Blair $190,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gladwin Blair $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2017 08/02/17 Sold $1,000,000 0.0% $1,148 / Sq Ft
08/02/2017 08/02/17 Sold $1,000,000 +0.1% $1,224 / Sq Ft View Prior Sale
04/26/2017 04/26/17 Pending -- -- --
04/26/2017 04/26/17 Pending -- -- --
04/17/2017 04/17/17 Price Changed $999,000 0.0% $1,147 / Sq Ft
04/17/2017 04/17/17 Price Changed $999,000 -13.1% $1,223 / Sq Ft
02/08/2017 02/08/17 For Sale $1,150,000 0.0% $1,408 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $1,150,000 0.0% $1,320 / Sq Ft
08/24/2016 08/24/16 For Sale $1,150,000 -- $1,408 / 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 $7,342 $681,553 $386,859 $294,694
2024 $7,342 $668,191 $379,274 $288,917
2023 $5,778 $525,865 $371,838 $154,027
2022 $5,041 $450,849 $364,548 $86,301
2021 $5,038 $442,009 $357,400 $84,609
2020 $4,985 $437,478 $353,736 $83,742
2019 $4,782 $428,900 $346,800 $82,100
2018 $4,359 $395,000 $340,000 $55,000
2017 $4,794 $234,340 $126,948 $107,392
2016 $2,345 $205,628 $124,459 $81,169
2015 $2,755 $202,540 $122,590 $79,950
2014 $2,209 $198,573 $120,189 $78,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MD16725561

California Regional Multiple Listing Service (CRMLS)

APN: 053-240-028