NOT LISTED FOR SALE

693 Cadiz Ave Merced, CA 95341

Estimated Value: $416,000 - $483,000

4 Beds
2.5 Baths
2,235 Sq Ft
$201/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $417,000 $187 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,877/month

88 Days on Market

Highlights

  • New Construction
  • No HOA
  • Fireplace
  • Corner Lot
  • Neighborhood Views
  • 2 Car Attached Garage

About This Home

As of November 2022

Take a look at our brand new home in Mission Ranch. This beautiful 4 bed 3 bath home is ready to be reserved. This home is located on a corner lot and is currently being constructed. This two-story home is in walking distance to Farmdale Elementary. Call for more information today!

Last Agent to Sell the Property

Cesar Granados-Granados

Fortis Realty Group, Inc License #01962418 Listed on: 06/27/2022

Co-Listed By

Tony Garcia

Fortis Realty Group, Inc License #01308363

Last Buyer's Agent

Cesar Granados-Granados

Fortis Realty Group, Inc License #01962418 Listed on: 06/27/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,811

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 3,714 Sq Ft Lot
  • Corner Lot
  • Property is zoned P-D

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,235 Sq Ft Home
  • Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,811

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: P-D
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2235.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 186.58
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • 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: Corner Lot
  • Lot Size Sq Ft: 3714.00
  • Lot Size Acres: 0.0853
  • Latitude Manual: 37.27571100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3714.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 16.02
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Nov 21, 2022
Sold by
Fortis General Const Inc
Bought by
Schotborg Minerva
Seller's Agent
Cesar Granados-Granados
Fortis Realty Group, Inc
Buyer's Agent
Cesar Granados-Granados
Fortis Realty Group, Inc
List Price
$422,000
Sold Price
$417,000
Premium/Discount to List
-$5,000
-1.18%
Views
78
Current Estimated Value
$449,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,196
Avg. Annual Appreciation
3.44%
Original Mortgage
$353,600
Outstanding Balance
$343,584
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$115,017

Purchase Details

Listed on
Jun 27, 2022
Closed on
Nov 16, 2022
Sold by
Fortis General Construction Inc
Bought by
Schotborg Minerva
Seller's Agent
Cesar Granados-Granados
Fortis Realty Group, Inc
Buyer's Agent
Cesar Granados-Granados
Fortis Realty Group, Inc
List Price
$422,000
Sold Price
$417,000
Premium/Discount to List
-$5,000
-1.18%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,600
Outstanding Balance
$343,584
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$115,017
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
Schotborg Minerva $416,000 Doma Title
Schotborg Minerva $416,000 Doma Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schotborg Minerva $353,600
Closed Schotborg Minerva $353,600
Previous Owner Fortis General Construction In $1,330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2022 11/29/22 Sold $417,000 0.0% $187 / Sq Ft
11/23/2022 11/23/22 Sold $417,000 0.0% $187 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $417,000 0.0% $187 / Sq Ft
08/07/2022 08/07/22 Price Changed $417,000 -1.2% $187 / Sq Ft
06/27/2022 06/27/22 For Sale $422,000 -- $189 / 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 $5,811 $432,806 $88,434 $344,372
2024 $5,811 $424,320 $86,700 $337,620
2023 $5,662 $416,000 $85,000 $331,000
2022 $148 $12,458 $12,458 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC22139736

California Regional Multiple Listing Service (CRMLS)

APN: 259-340-061