NOT LISTED FOR SALE

Estimated Value: $1,391,698

2 Beds
1 Bath
774 Sq Ft
$1,798/Sq Ft Est. Value

Last Sold December 08, 2017

Last sale price $830,000 $1,072 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,543/month

141 Days on Market

Highlights

  • 18.8 Acre Lot
  • West Facing Home
  • 1-Story Property
  • No HOA

About This Home

As of December 2017

18.8 acres including prime open farm ground, 6,000 sq. ft. of warehouse space with offices and bathrooms, 2,250 sq ft traditional livestock/hay barn and a rental home. Outstanding opportunity for multiple income streams and residential development on this piece. Property is zoned R-1 and is shown as a low density residential development site on the Urban Communities Plan from Merced County.

Last Agent to Sell the Property

Jason DurJava

Terra West Group License #01310142 Listed on: 05/03/2017

Last Buyer's Agent

Amrit Takhar

Century 21 Select Real Estate License #01109783

Century 21 Select Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,522

Year Built

  • Built in 1925

Lot Details

  • 18.8 Acre Lot
  • West Facing Home
  • Manual Sprinklers System

Home Design

  • Ranch Property
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 774 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts
  • Natural Gas Connected
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 017-160-018-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,522

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Ranchette/Country
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 1925
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet,Laminate
  • Bathroom Features: See Remarks
  • Bathrooms: 1.00
  • Dining Room Features: Space in Kitchen
  • Room Type: Baths Other
  • Price Per Square Foot: 1072.35
  • Square Footage: 774

Exterior Features

  • Construction Materials: Wood
  • Property Faces: West
  • Foundation: Raised
  • Horse Property: No
  • Listing Price: 989000.00
  • Lot Features: Manual Sprinkler F&R
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Sewer: Septic System
  • Utilities: Natural Gas Connected
  • Cooling: Window Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: Inside Area
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Hilmar Unified

Lot Info

  • Zoning Description: R-1
  • Irrigation: Public District
  • Lot Size Acres: 18.8000
  • Lot Size Sq Ft: 818928

Rental Info

  • Current Rent: 750

Tax Info

  • Assessor Parcel Number: 017-160-018-000
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Dec 1, 2017
Sold by
Marino Peter
Bought by
Takhar Rajinder S and Takhar Anand S
Seller's Agent
Jason DurJava
Terra West Group
Buyer's Agent
Amrit Takhar
Century 21 Select Real Estate
List Price
$1,316,000
Sold Price
$830,000
Premium/Discount to List
-$486,000
-36.93%
Current Estimated Value
$1,391,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,698
Avg. Annual Appreciation
6.81%

Purchase Details

Listed on
May 3, 2017
Closed on
Nov 27, 2017
Sold by
Marino Peter and Marino Colleen Frances
Bought by
Marino Peter
Seller's Agent
Jason DurJava
Terra West Group
Buyer's Agent
Amrit Takhar
Century 21 Select Real Estate
List Price
$1,316,000
Sold Price
$830,000
Premium/Discount to List
-$486,000
-36.93%

Purchase Details

Closed on
Feb 6, 2004
Sold by
Caley Hughes Beverley Ann
Bought by
Marino Peter and Marino Colleen Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
May 10, 2002
Sold by
Marino Peter
Bought by
Marino Peter

Purchase Details

Closed on
Feb 8, 1999
Sold by
Marino Rocky J and Marino Ricky A
Bought by
Marino Rockey Jay and Marino Ricky Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.77%

Purchase Details

Closed on
Jul 7, 1997
Sold by
Marino Peter
Bought by
Marino Rocky J and Marino Ricky A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,300
Interest Rate
7.93%
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
Takhar Rajinder S $830,000 Stewart Title Of California
Marino Peter -- Stewart Title Of California
Marino Peter $65,000 Chicago Title Company
Marino Peter -- --
Marino Rockey Jay -- Chicago Title Co
Marino Rocky J $222,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marino Peter $228,000
Previous Owner Marino Rockey Jay $148,000
Previous Owner Marino Rocky J $144,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2017 12/08/17 Sold $830,000 -36.9% $1,072 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $1,316,000 -- $1,700 / Sq Ft
Source: MetroList

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 $11,522 $1,078,889 $813,545 $265,344
2024 $11,522 $1,059,755 $797,594 $262,161
2023 $11,215 $1,040,266 $781,955 $258,311
2022 $9,933 $915,154 $766,623 $148,531
2021 $9,766 $897,211 $751,592 $145,619
2020 $9,728 $888,012 $743,886 $144,126
2019 $9,435 $851,600 $729,300 $122,300
2018 $8,605 $830,000 $715,000 $115,000
2017 $2,599 $250,710 $147,431 $103,279
2016 $2,547 $245,795 $144,541 $101,254
2015 $2,517 $242,104 $142,370 $99,734
2014 $2,457 $237,363 $139,582 $97,781
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17026141

MetroList

APN: 017-160-018