NOT LISTED FOR SALE

909 E Olive Ave Merced, CA 95340

North Merced Neighborhood

Estimated Value: $364,000 - $406,000

3 Beds
2 Baths
1,625 Sq Ft
$240/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $280,000 $172 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,310/month

49 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Laundry Room
  • 4-minute walk to Burbank Park

About This Home

As of October 2019

Beautiful custom built home by one of the most respected homebuilders in central California. Stone counters and high end stainless appliances round out the beautiful open kitchen, indoor laundry room with high end finishes and ample cabinet space and large master suite with a separate shower and soaking tub with dual sinks make this the house to see! Landscaping will be completed as soon as P.G.E. completes their connections.

Last Agent to Sell the Property

Shane Avila

Gma Land Company License #01848458 Listed on: 06/24/2019

Last Buyer's Agent

Hassan Sabbagh

Home Net 123 License #01340677

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 9,583 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R-1-6

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,625 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 006134020000

Home Details

Home Type

Single Family

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R-1-6
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 006134020000
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1625.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 172.31
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9583.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 11.01
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Oct 29, 2019
Sold by
Modesto Restoration Inc
Bought by
Naghadeh Sirvan Moloudnezhad
Seller's Agent
Shane Avila
Gma Land Company
Buyer's Agent
Hassan Sabbagh
Home Net 123
List Price
$274,900
Sold Price
$280,000
Premium/Discount to List
$5,100
1.86%
Current Estimated Value
$389,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,750
Avg. Annual Appreciation
5.52%
Original Mortgage
$238,000
Outstanding Balance
$217,391
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$172,359

Purchase Details

Closed on
Apr 25, 2018
Sold by
Inderjit S Toor Construction Inc
Bought by
Modesto Restoration Inc

Purchase Details

Closed on
Nov 1, 2016
Sold by
Reed Ricky and Johnson Sharon
Bought by
Inderjit S Toor Construction Inc

Purchase Details

Closed on
Jul 10, 2000
Sold by
Reed Johnson Ricky and Reed Sharon
Bought by
The Ricky Reed & Sharon Johnson 2000 Fam
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
Naghadeh Sirvan Moloudnezhad $280,000 North American Title Company
Modesto Restoration Inc -- First American Title
Inderjit S Toor Construction Inc $20,000 North American Title Co Inc
The Ricky Reed & Sharon Johnson 2000 Fam -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naghadeh Sirvan Moloudnezhad $238,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $280,000 0.0% $172 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
07/19/2019 07/19/19 Price Changed $279,950 -3.4% $172 / Sq Ft
06/24/2019 06/24/19 Price Changed $289,950 +5.5% $178 / Sq Ft
06/24/2019 06/24/19 For Sale $274,900 -- $169 / 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 $3,221 $306,215 $87,488 $218,727
2024 $3,221 $300,212 $85,773 $214,439
2023 $3,176 $294,327 $84,092 $210,235
2022 $3,134 $288,557 $82,444 $206,113
2021 $3,127 $282,900 $80,828 $202,072
2020 $3,151 $280,000 $80,000 $200,000
2019 $808 $70,808 $20,808 $50,000
2018 $222 $20,400 $20,400 $0
2017 $230 $20,000 $20,000 $0
2016 $665 $58,894 $9,814 $49,080
2015 $655 $58,010 $9,667 $48,343
2014 $641 $56,875 $9,478 $47,397
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Shane Avila

    Gma Land Company

    (209) 261-8478

    5 in this area

    18 Total Sales

    Shane Avila
    Section Image

  • H

    Buyer's Agent in 2019

    Hassan Sabbagh

    Home Net 123

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC19148984

California Regional Multiple Listing Service (CRMLS)

APN: 006-134-020

California Merced County Merced 95340 North Merced

909 E Olive Ave, Merced, CA

Not Listed for Sale

Detached

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