Seller's Agent in 2024
Monica Franks
HomeSmart PV & Associates
(209) 345-3836
9 in this area
62 Total Sales
685 Gateway Dr Merced, CA 95340
North Merced Neighborhood
--
Bed
2
Baths
1,440
Sq Ft
3,321
Sq Ft Lot
Highlights
- Cathedral Ceiling
- No HOA
- Bathtub with Shower
- Main Floor Bedroom
- 2 Car Attached Garage
- Patio
About This Home
As of October 2024Prime Location Alert! Just 4 miles and 4 simple turns to UC Merced! Explore the convenience and style of this sought-after patio home in NE Merced, perfectly positioned just minutes from shopping centers and a short stroll from the Promenadehome to your favorite eateries, spas, salons, and gyms. This home features an open floor plan that spans a spacious living area, complemented by low-maintenance landscaping. Built in 2004 wit high-durability tile and laminate flooring throughout ensure ease of upkeep, while ample storage solutions enhance functionality. Enjoy the comfort of this home and the supreme convenience of proximity to UC Merced and CatTracks, making it a perfect spot for ease of commuting or investment. Ready to move in? This home is turnkey, complete with refrigerator, washer, and dryer. Settle in without the worry of HOA or specal CFD taxes, the only shared wall is a garage wall. Plus, a new A/C unit was installed just last year, ensuring your comfort from day one. Turnkey and waiting for youdiscover the ease of living close to everything in Merced!
Last Agent to Sell the Property
HomeSmart PV & Associates License #01269788 Listed on: 09/10/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,811
Year Built
- Built in 2004
Lot Details
- 3,321 Sq Ft Lot
- Landscaped
- Sprinklers on Timer
Parking
- 2 Car Attached Garage
Home Design
- Half Duplex
- Concrete Foundation
- Slab Foundation
- Frame Construction
- Tile Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 1,440 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Combination Dining and Living Room
- Laminate Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
- 220 Volts In Laundry
Home Security
Outdoor Features
- Patio
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 006-450-041
Community Details
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Additional Features
- No Home Owners Association
- Net Lease
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 14, 2025
Sold by
Mudradi Ramesh K
Bought by
Merced Ventures Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$199,828
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$171,419
Purchase Details
Closed on
Jun 10, 2025
Sold by
Srikantan Rupa
Bought by
Mudradi Ramesh K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$199,828
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$171,419
Purchase Details
Listed on
Sep 10, 2024
Closed on
Sep 25, 2024
Sold by
Jacobs Kellie L
Bought by
Merced Ventures Llc
Seller's Agent
Monica Franks
HomeSmart PV & Associates
Buyer's Agent
Preeti Tibrewala
Ashby & Graff
List Price
$374,900
Sold Price
$365,000
Premium/Discount to List
-$9,900
-2.64%
Views
399
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%
Purchase Details
Listed on
May 28, 2020
Closed on
Jun 26, 2020
Sold by
Hunter Keith P
Bought by
Jacobs Kellie L
Seller's Agent
Jeff Lawry
London Properties Ltd - Merced
Buyer's Agent
Monica Franks
Homesmart PV & Assoc., Merced
List Price
$245,000
Sold Price
$246,800
Premium/Discount to List
$1,800
0.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$197,440
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 28, 2020
Closed on
Jun 24, 2020
Sold by
Hunter Keith P
Bought by
Jacobs Kellie L
Seller's Agent
Jeff Lawry
London Properties Ltd - Merced
Buyer's Agent
Monica Franks
Homesmart PV & Assoc., Merced
List Price
$245,000
Sold Price
$246,800
Premium/Discount to List
$1,800
0.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,440
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 4, 2006
Sold by
Taganas Wilfredo L and Taganas Socorro D
Bought by
Taganas Wilfredo and Taganas Socorro
Purchase Details
Closed on
Dec 23, 2002
Sold by
Northtown Properties
Bought by
Taganas Wilfredo L and Taganas Socorro D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,120
Interest Rate
5.92%
Mortgage Type
Balloon
Purchase Details
Closed on
Nov 5, 1999
Sold by
Heritage Homes Llc
Bought by
Olivepark Professional Center Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | -- | |
| Gift Deed | -- | Wfg National Title | |
| Grant Deed | -- | Wfg National Title | |
| Grant Deed | $365,000 | Transcounty Title Company | |
| Interfamily Deed Transfer | -- | Transcounty Title Company | |
| Grant Deed | $247,000 | Transcounty Title Company | |
| Interfamily Deed Transfer | -- | New Title Company Name | |
| Grant Deed | $247,000 | New Title Company Name | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $169,000 | Chicago Title Company | |
| Grant Deed | $505,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | New Conventional | |
| Previous Owner | $197,440 | New Conventional | |
| Previous Owner | $197,440 | New Conventional | |
| Previous Owner | $69,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $135,120 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/09/2024 10/09/24 | Sold | $365,000 | -2.6% | $253 / Sq Ft |
| 09/20/2024 09/20/24 | Pending | -- | -- | -- |
| 09/10/2024 09/10/24 | For Sale | $374,900 | +51.9% | $260 / Sq Ft |
| 07/08/2020 07/08/20 | Sold | $246,800 | +0.7% | $171 / Sq Ft |
| 06/08/2020 06/08/20 | Pending | -- | -- | -- |
| 05/28/2020 05/28/20 | For Sale | $245,000 | -- | $170 / Sq Ft |
Source: MetroList
Tax History Compared to Growth
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 | $2,811 | $365,000 | $120,000 | $245,000 |
| 2024 | $2,811 | $261,904 | $84,896 | $177,008 |
| 2023 | $2,772 | $256,770 | $83,232 | $173,538 |
| 2022 | $2,735 | $251,736 | $81,600 | $170,136 |
| 2021 | $2,729 | $246,800 | $80,000 | $166,800 |
| 2020 | $2,473 | $219,566 | $64,995 | $154,571 |
| 2019 | $2,437 | $215,262 | $63,721 | $151,541 |
| 2018 | $2,223 | $211,042 | $62,472 | $148,570 |
| 2017 | $2,307 | $206,905 | $61,248 | $145,657 |
| 2016 | $2,039 | $182,000 | $35,000 | $147,000 |
| 2015 | $1,881 | $168,000 | $35,000 | $133,000 |
| 2014 | $1,910 | $171,000 | $30,000 | $141,000 |
Source: Public Records
Agents Affiliated with this Home
-
Monica Franks
-
Preeti Tibrewala
P
Buyer's Agent in 2024
Preeti Tibrewala
Ashby & Graff
(408) 634-8523
4 in this area
10 Total Sales
-
Jeff Lawry
Seller's Agent in 2020
Jeff Lawry
London Properties Ltd - Merced
(209) 261-8969
59 in this area
141 Total Sales
Map
Source: MetroList
MLS Number: 224101134
APN: 006-450-041
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