NOT LISTED FOR SALE

88 Lute Ct Merced, CA 95341

Estimated Value: $410,494 - $431,000

3 Beds
2.5 Baths
1,898 Sq Ft
$222/Sq Ft Est. Value

Last Sold September 12, 2014

Last sale price $210,000 $111 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,652/month

478 Days on Market

Highlights

  • Primary Bedroom Suite
  • Eat-In Kitchen
  • Separate Family Room
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of September 2014

Lender approved short sale. Back on the market. Great opportunity to own a large well cared for home.

Last Listed By

Miguel Rocha

Rocha Real Estate Group License #01202372 Listed on: 01/08/2013

Rocha Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,465

Year Built

  • Built in 2006

Lot Details

  • 4,617

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,898 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 061-553-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,465

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 8
  • Sale Price Per Sq Ft: 110.64
  • Listing Class: Residential
  • Structure Sq Ft: 1898
  • Incorporated: Yes
  • Year Built: 2006
  • Zoning Description: R-1
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Living Sq Ft: 1898
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: Merced Union High

Lot Info

  • Parcel Number: 061-553-002
  • List Price per Sq Ft: 100.11
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Merced Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2017
Sold by
Prado Rodrigo and Prado Erika
Bought by
Prado Rodrigo and Prado Erika
Total Days on Market
478
Current Estimated Value
$422,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,624
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 8, 2013
Closed on
Sep 8, 2014
Sold by
Rocha Maria Lorena
Bought by
Diaz Rodrigo Prado and Prado Erika
Seller's Agent
Miguel Rocha
Rocha Real Estate Group
Buyer's Agent
Alifonso Mendoza
American Realty
List Price
$190,000
Sold Price
$210,000
Premium/Discount to List
$20,000
10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$206,196
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 2006
Sold by
Merced Renaissance Lp
Bought by
Rocha Maria Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,592
Interest Rate
7.25%
Mortgage Type
Negative Amortization

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
Prado Rodrigo $107,000 North American Title
Diaz Rodrigo Prado $210,000 Wfg National Title Ins Co
Rocha Maria Lorena $349,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prado Rodrigo $315,000
Closed Prado Rodrigo $211,500
Closed Prado Rodrigo $213,624
Previous Owner Diaz Rodrigo Prado $206,196
Previous Owner Rocha Maria Lorena $279,592
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold $210,000 +10.5% $111 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
04/24/2014 04/24/14 Price Changed $190,000 0.0% $100 / Sq Ft
04/24/2014 04/24/14 For Sale $190,000 +31.0% $100 / Sq Ft
03/04/2014 03/04/14 Pending -- -- --
02/26/2014 02/26/14 Price Changed $145,000 +45.0% $76 / Sq Ft
02/26/2014 02/26/14 For Sale $100,000 0.0% $53 / Sq Ft
01/10/2013 01/10/13 Pending -- -- --
01/08/2013 01/08/13 For Sale $100,000 -- $53 / 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
2024 $3,465 $247,430 $41,235 $206,195
2023 $3,376 $242,579 $40,427 $202,152
2022 $3,320 $237,824 $39,635 $198,189
2021 $3,267 $233,161 $38,858 $194,303
2020 $3,226 $230,771 $38,460 $192,311
2019 $3,160 $226,247 $37,706 $188,541
2018 $3,069 $221,812 $36,967 $184,845
2017 $3,086 $217,464 $36,243 $181,221
2016 $3,086 $213,201 $35,533 $177,668
2015 $3,002 $210,000 $35,000 $175,000
2014 $2,940 $207,000 $30,000 $177,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81300582

MLSListings

APN: 061-553-002