NOT LISTED FOR SALE

7838 E Krafft Ave Merced, CA 95343

Estimated Value: $807,000 - $1,176,000

5 Beds
2 Baths
2,583 Sq Ft
$382/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $590,000 $228 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,912/month

124 Days on Market

Highlights

  • Horse Property
  • 18.2 Acre Lot
  • No HOA
  • All Bedrooms Downstairs
  • Orchard Views
  • Double Pane Windows

About This Home

As of September 2015

HORSE RANCH. What a beautiful set up for the horse lover!!! Great country home with lots of recent updates; new carpets, fresh paint, newer dual pane windows. Large country kitchen, indoor laundry, home office with a view and two spacious living areas. Beautiful lawn with room to play and entertain. Huge barn with 12 indoor stalls, a tack room and loft storage areas. New roofing material on site for the entire barn...just need to install. Irrigated pasture, 5 grass paddocks, 2 arenas. Seller has boarded up to 22 horses with ease. Approximately 9 acres planted in oats....grow your own feed! There is a brand new high producing domestic well! MID water for the property...plus an ag well not used in quite some time but still has viable casing and might be put back in use. View of the Sierras and just 15 minutes to downtown Merced. Your chance to enjoy real country living at a very affordable price. Seller might help with a portion of the down and/or closing costs. CLICK ON VIRTUAL TOUR LINK FOR SLIDESHOW OF EVEN MORE FABULOUS PICTURES

Last Agent to Sell the Property

Melinda Price

London Properties Ltd - Merced License #01116263 Listed on: 03/25/2015

London Properties Ltd - Merced

Co-Listed By

Jerry Price

London Properties Ltd - Merced License #01244564

Last Buyer's Agent

Kelly Perry

Epique Realty License #01470790

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,229

Year Built

  • Built in 1955

Lot Details

  • 18.2 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Corners Of The Lot Have Been Marked
  • Back and Front Yard

Property Views

  • Orchard Views
  • Mountain Views

Home Design

  • Ranch Style House

Interior Spaces

  • 2,583 Sq Ft Home
  • Double Pane Windows
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Outdoor Features

  • Horse Property
  • Concrete Porch or Patio

Farming

  • Pasture

Utilities

  • Central Heating and Cooling System
  • Well
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 053141033000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,229

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: See agent remar
  • Property Attached: No
  • Road Frontage Type: County Road
  • View: Yes
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 053141033000
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2583.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Levels: One
  • Price Per Square Foot: 228.42
  • Room Type: All Bedrooms Down, Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Orchard
  • Patio And Porch Features: Concrete
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Corners Marked, Front Yard, Horse Property, Pasture
  • Lot Size Sq Ft: 792792.00
  • Price Per Lot Square Foot: 0.74
  • Lot Size Acres: 18.2000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18.2000 Acres
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
Aug 4, 2015
Sold by
Lange Jonathan C and Lange Tamara T
Bought by
Raggio Joseph and Raggio Terra
Seller's Agent
Melinda Price
London Properties Ltd - Merced
Buyer's Agent
Kelly Perry
Epique Realty
List Price
$699,000
Sold Price
$590,000
Premium/Discount to List
-$109,000
-15.59%
Current Estimated Value
$985,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,670
Avg. Annual Appreciation
5.22%
Original Mortgage
$417,000
Outstanding Balance
$327,298
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$658,372
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
Raggio Joseph $590,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raggio Joseph $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold $590,000 -9.1% $228 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
07/13/2015 07/13/15 Price Changed $649,000 -7.2% $251 / Sq Ft
03/25/2015 03/25/15 For Sale $699,000 -- $271 / 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 $8,229 $713,906 $420,244 $293,662
2024 $8,229 $700,030 $412,004 $288,026
2023 $8,105 $686,426 $403,926 $282,500
2022 $7,685 $673,089 $396,006 $277,083
2021 $7,558 $660,014 $388,242 $271,772
2020 $7,414 $653,311 $384,262 $269,049
2019 $7,195 $640,623 $376,728 $263,895
2018 $7,014 $628,184 $369,342 $258,842
2017 $6,859 $607,988 $362,100 $245,888
2016 $6,904 $596,188 $355,000 $241,188
2015 $4,417 $363,642 $258,359 $105,283
2014 $4,086 $357,488 $253,299 $104,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC15062290

California Regional Multiple Listing Service (CRMLS)

APN: 053-141-033