NOT LISTED FOR SALE

Estimated Value: $262,000 - $308,000

3 Beds
2 Baths
1,100 Sq Ft
$255/Sq Ft Est. Value

Last Sold November 22, 2017

Last sale price $140,000 $127 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,629/month

88 Days on Market

Highlights

  • Lawn
  • Neighborhood Views
  • Central Heating and Cooling System
  • No HOA
  • Laundry Room
  • Ceiling Fan

About This Home

As of November 2017

Good starter home in Merced. Close to freeway and shopping. Newer flooring, Large back yard in established area. Great for investor or first time home buyer.

Last Agent to Sell the Property

Leslie Howard

Homesmart PV & Associates License #01997952 Listed on: 07/28/2017

Homesmart PV & Associates

Last Buyer's Agent

Alifonso Mendoza

Keller Williams Property Team License #01760709

Keller Williams Property Team

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,695

Year Built

  • Built in 1925

Lot Details

  • 7,500 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Lawn
  • Density is up to 1 Unit/Acre
  • Property is zoned R-3-1.5

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 031303011000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,695

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: R-3-1.5
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 031303011000
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1100.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 127.27
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Concrete, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Central
  • 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: Street Lights

Schools

  • School District: Merced City

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lawn, Level with Street
  • Lot Size Sq Ft: 7500.00

Multi Family

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

Tax Info

  • Tax Census Tract: 15.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2017
Closed on
Nov 17, 2017
Sold by
Garcia Jesse
Bought by
Garcia Christina A
Seller's Agent
Leslie Howard
Homesmart PV & Associates
Buyer's Agent
Alifonso Mendoza
Keller Williams Property Team
List Price
$144,999
Sold Price
$140,000
Premium/Discount to List
-$4,999
-3.45%
Current Estimated Value
$280,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,723
Avg. Annual Appreciation
9.02%
Original Mortgage
$137,464
Outstanding Balance
$115,710
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$160,008

Purchase Details

Listed on
Jul 28, 2017
Closed on
Nov 7, 2017
Sold by
Salgado Julio C
Bought by
Garcia Christina A
Seller's Agent
Leslie Howard
Homesmart PV & Associates
Buyer's Agent
Alifonso Mendoza
Keller Williams Property Team
List Price
$144,999
Sold Price
$140,000
Premium/Discount to List
-$4,999
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,464
Outstanding Balance
$115,710
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$160,008

Purchase Details

Closed on
Mar 23, 2017
Sold by
Salgado Julio C and Salgado Norma
Bought by
Salgado Julio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 24, 2012
Sold by
Malfabon Carlos
Bought by
Salgado Julio C

Purchase Details

Closed on
Mar 9, 2007
Sold by
Malfabon Carlos
Bought by
Malfabon Carlos and Salgado Julio C
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
Garcia Christina A -- First American Title Company
Garcia Christina A $140,000 First American Title Company
Salgado Julio C -- Lawyers Title
Salgado Julio C -- None Available
Malfabon Carlos -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Christina A $137,464
Previous Owner Salgado Julio C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2017 11/22/17 Sold $140,000 -3.4% $127 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $144,999 +3.6% $132 / Sq Ft
09/17/2017 09/17/17 Off Market $140,000 -- --
09/08/2017 09/08/17 Price Changed $144,999 -3.3% $132 / Sq Ft
07/28/2017 07/28/17 For Sale $150,000 -- $136 / 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 $1,695 $159,291 $51,200 $108,091
2024 $1,695 $156,169 $50,197 $105,972
2023 $1,672 $153,108 $49,213 $103,895
2022 $1,649 $150,107 $48,249 $101,858
2021 $1,645 $147,164 $47,303 $99,861
2020 $1,657 $145,656 $46,818 $98,838
2019 $1,633 $142,800 $45,900 $96,900
2018 $1,490 $140,000 $45,000 $95,000
2017 $1,177 $104,119 $33,943 $70,176
2016 $1,159 $102,078 $33,278 $68,800
2015 $1,141 $100,546 $32,779 $67,767
2014 $988 $87,000 $30,000 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC17173860

California Regional Multiple Listing Service (CRMLS)

APN: 031-303-011