NOT LISTED FOR SALE

860 Vassar Ave Merced, CA 95341

Estimated Value: $556,000 - $868,667

20 Acres
$33,261 Price per Acre
871,200 Sq Ft Lot

Last Sold December 29, 2017

Last sale price $500,000

Est. 33% increase in value since last sale

Current estimated payment $4,024/month

11 Days on Market

Highlights

  • Horses Allowed On Property
  • Property is near public transit
  • Shed
  • 20 Acre Lot
  • No HOA
  • Property is Fully Fenced

About This Lot

As of December 2017

Here is an opportunity to purchase 20 acres out in the country but with the convenience of being close to many of the amenities of Merced. A diamond in the rough, but soo much potential and priced to sell!

Last Agent to Sell the Property

David Bettencourt

Reed Realty License #02024951 Listed on: 11/15/2017

Last Buyer's Agent

Satnam Singh

Reva Blue Realty, Inc. License #01725504

Property Details

Property Type

  • Land

Lot Details

  • 20 Acre Lot
  • Property is Fully Fenced
  • Possible uses of the property include Agricultural,Single Family
  • Property is zoned A-1, Agricultural,Agricultural/Residential

Additional Features

  • Property is near public transit
  • Horses Allowed On Property
  • Gas Tank Leased

Listing and Financial Details

  • Assessor Parcel Number 066-061-009-000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shed

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Acreage
  • Primary Residence: 31+ Years Old,Bath 2+,Bedrooms 3+,Family Room,Over 1500 SqFt
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: Shed
  • Disclosures/Documents: Livestock Possible,Restaurant Nearby,Shopping Cntr Nearby,None,Hotel/Motel Nearby
  • Fencing: Full
  • Horse Property: Yes
  • Listing Price: 500000.00
  • Lot Features: Public Trans Nearby
  • Road Surface Type: Paved
  • Additional Living Units: No

Utilities

  • Utilities: Propane Tank Leased
  • Water Source: Domestic Well With Pump,Irrigation District

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Horse Amenities: See Remarks
  • Zoning: A-1
  • Crops: None
  • Current Use: Vacant
  • Development Status: Farm Land
  • Zoning Description: Agricultural,Agricultural/Residential
  • Irrigation: Public District
  • Lot Size Acres: 20.0000
  • Lot Size Sq Ft: 871200
  • Possible Use: Agricultural,Single Family

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 066-061-009-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2019
Sold by
Singh Balwinder and Kaur Harbhajan
Bought by
Kaur Harbhajan and Singh Balwinder
Current Estimated Value
$665,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,200
Outstanding Balance
$307,911
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$357,311

Purchase Details

Listed on
Nov 15, 2017
Closed on
Dec 19, 2017
Sold by
Rezakhani Sorour
Bought by
Singh Balwinder and Kaur Harbhajan
Seller's Agent
David Bettencourt
Reed Realty
Buyer's Agent
Satnam Singh
Reva Blue Realty, Inc.
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Original Mortgage
$325,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2013
Sold by
Almaneih Naser
Bought by
Rezakhani Sorour

Purchase Details

Closed on
Jul 13, 2010
Sold by
Almaneih Naser R
Bought by
Almaneih Naser R and Rezakhani Sorour

Purchase Details

Closed on
Feb 8, 2010
Sold by
Imb Reo Llc
Bought by
Almaneih Naser R

Purchase Details

Closed on
Jul 21, 2009
Sold by
Cortes Jose G
Bought by
One West Bank Fsb

Purchase Details

Closed on
Jun 14, 2007
Sold by
Cortez Fortino and Cortez Claudia L
Bought by
Cortes Jose G

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
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2000
Sold by
Leal and Delphina
Bought by
Cortez Fortino and Cortez Claudia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,975
Interest Rate
11.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kaur Harbhajan $188,500 Amrock
Singh Balwinder $50,000 Stewart Title Of California
Rezakhani Sorour -- None Available
Almaneih Naser R -- None Available
Almaneih Naser R $155,000 Chicago Title Company
Imb Reo Llc -- Chicago Title Company
One West Bank Fsb $247,876 None Available
Cortes Jose G $525,000 Alliance Title Company
Cortez Fortino $163,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaur Harbhajan $350,200
Previous Owner Singh Balwinder $325,000
Previous Owner Cortes Jose G $420,000
Previous Owner Cortez Fortino $138,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2017 12/29/17 Sold $500,000 0.0% --
11/25/2017 11/25/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $500,000 -- --
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 $6,586 $568,911 $455,130 $113,781
2024 $6,586 $557,756 $446,206 $111,550
2023 $5,926 $546,820 $437,457 $109,363
2022 $6,401 $536,099 $428,880 $107,219
2021 $5,888 $525,588 $420,471 $105,117
2020 $5,826 $520,200 $416,160 $104,040
2019 $5,685 $510,000 $408,000 $102,000
2018 $5,515 $500,000 $400,000 $100,000
2017 $2,348 $172,385 $116,779 $55,606
2016 $2,851 $169,006 $114,490 $54,516
2015 $1,793 $166,469 $112,771 $53,698
2014 $2,227 $163,209 $110,562 $52,647
Source: Public Records

Agents Affiliated with this Home

  • David Bettencourt

    Seller's Agent in 2017

    David Bettencourt

    Reed Realty

    (209) 277-3542

    2 Total Sales

    David Bettencourt
    Section Image
  • Satnam Singh

    Buyer's Agent in 2017

    Satnam Singh

    Reva Blue Realty, Inc.

    (510) 926-5738

    59 Total Sales

    Satnam Singh
    Section Image
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Map

Source: MetroList

MLS Number: 17072581

MetroList

APN: 066-061-009

California Merced County Merced 95341

860 Vassar Ave, Merced, CA

Not Listed for Sale

Lots

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