NOT LISTED FOR SALE

Estimated Value: $1,032,000 - $1,188,921

2 Beds
1 Bath
1,200 Sq Ft
$931/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $1,138,000 $948 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,048/month

45 Days on Market

Highlights

  • Formal Dining Room
  • 1 Car Attached Garage
  • Wood Burning Fireplace
  • Ortega (Jose) Elementary School Rated A
  • Separate Family Room
  • 3-minute walk to Merced Heights Park

About This Home

As of May 2023

Great fixer opportunity! Convenient and desirable Merced Heights location. Currently 2 Bedrooms 1 Bath with fully approved plans for a 3 bedroom, 3 bath home. New designs provide a spacious open living room kitchen floor-plan up top, along with a primary suite and additional bed and full bath. Lower level will incorporate a bedroom, full bath, media room and separate entry. Great opportunity for developers or end-users looking to decide the finishings on this blank canvas! Seller carryback financing is available.

Last Agent to Sell the Property

Kenny Zhang

eXp Realty of California Inc License #02129754 Listed on: 03/30/2023

eXp Realty of California Inc

Co-Listed By

Edward Arpon

eXp Realty of California Inc License #02169037

Last Buyer's Agent

Carolyn Liu

CENTURY 21 Real Estate Allianc License #01407060

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,387

Year Built

  • Built in 1940

Lot Details

  • 2,200 Sq Ft Lot
  • Zoning described as RH1

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 7002043

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,387

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1200
  • Year Built: 1940
  • Zoning Description: RH1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 1200
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: No Heating
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Parcel Number: 7002043
  • Lot Acres: 0.0505
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2199.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2199.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Francisco Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 17, 2023
Sold by
Nguyen Viet My
Bought by
Lam Jason and Lam William
Seller's Agent
Kenny Zhang
eXp Realty of California Inc
Buyer's Agent
Carolyn Liu
CENTURY 21 Real Estate Allianc
List Price
$1,200,000
Sold Price
$1,138,000
Premium/Discount to List
-$62,000
-5.17%
Views
115
Current Estimated Value
$1,117,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,520
Avg. Annual Appreciation
-0.75%

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 16, 2023
Sold by
Liu Shu Zhen
Bought by
Lam Jason
Seller's Agent
Kenny Zhang
eXp Realty of California Inc
Buyer's Agent
Carolyn Liu
CENTURY 21 Real Estate Allianc
List Price
$1,200,000
Sold Price
$1,138,000
Premium/Discount to List
-$62,000
-5.17%
Views
115

Purchase Details

Closed on
Nov 15, 2022
Sold by
Nguyen Viet My
Bought by
Nguyen Viet My and Tam Jason

Purchase Details

Closed on
Mar 18, 2021
Sold by
Han Alexander Jung and Tran Brandon
Bought by
Nguyen Viet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2020
Sold by
Tran Becky
Bought by
Tran Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2006
Sold by
Arias Manuel B
Bought by
Lutz Clotilde Arias and Arias Mercedes J
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
Lam Jason $1,138,000 Old Republic Title
Lam Jason -- Old Republic Title
Nguyen Viet My $425,000 --
Nguyen Viet $600,000 Old Republic Title Company
Tran Brian -- Old Republic Title Company
Han Alexander Jung $730,000 Old Republic Title Company
Lutz Clotilde Arias -- Old Republic Title Company
Lutz Clotilde Arias -- None Available
Arias Manuel B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Viet $420,000
Previous Owner Tran Brian $584,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2023 05/23/23 Sold $1,138,000 -4.4% $948 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/14/2023 04/14/23 Price Changed $1,190,000 -0.8% $992 / Sq Ft
03/30/2023 03/30/23 For Sale $1,200,000 -- $1,000 / Sq Ft
Source: MLSListings

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 $14,387 $1,183,974 $828,782 $355,192
2024 $14,387 $1,197,724 $838,407 $359,317
2023 $14,595 $1,174,240 $821,968 $352,272
2022 $15,173 $1,224,000 $856,800 $367,200
2021 $12,539 $999,997 $699,999 $299,998
2020 $1,962 $108,919 $27,207 $81,712
2019 $1,898 $106,786 $26,675 $80,111
2018 $1,835 $104,694 $26,153 $78,541
2017 $1,513 $102,643 $25,641 $77,002
2016 $1,456 $100,632 $25,139 $75,493
2015 $1,435 $99,122 $24,762 $74,360
2014 $1,397 $97,183 $24,278 $72,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81923148

MLSListings

APN: 7002-043