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1048 Merced Street

1048 Merced Street, Redlands, CA 92374
Sold Mar 21, 2019
$398,500
$391,281 by Peoples Discount Mortgage Inc
Mortgage Due Apr 01, 2049
Sold Nov 06, 2007
$380,000
1048 Merced Street in Redlands, CA was first built in 1990 and is 34 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1048 Merced Street has 1,735 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 7,500 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of tile. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1048 Merced Street sold most recently in Feb 19, 2019 for a total of $398,500. If you work out the math, that's approximately a cost of $186.65 per sqft. Before that, the property was also sold for $380,000 in Sep 6, 2007. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,085 in taxes each year. The initial year of tax delinquency occurred in 2019. 1048 Merced Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $427,273. If we break it down further, the land itself was valued at $128,181. Improvements to the property, however, were assessed at a total of $299,092. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,135
  • Gross Building Area: 2,135
  • Building Area: 1,735
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,735
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 13044
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TRACT 13044 LOT 36

Ownership

  • Current Owner : MURMU STEPHEN
  • Current Owner 2: MURMU LEETA R
  • Previous Owner : PENNINGTON STEVEN L
  • Previous Owner 2: PENNINGTON LEW S
  • Owner Before Previous Owner: HENRY MICHAEL J
  • Owner Before Previous Owner 2: HENRY LYNN B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Redlands Unified School District
  • Census Tract: 008402

Geography

  • Assessors Map Reference: 29-F1
  • District: 12
  • Subdivision Tract Number: 13044
  • Parcel: 0168-691-36-0000
  • Lot: 36
  • Municipality: SAN BERNARDINO
  • Latitude: 34.0661
  • Longitude: -117.143

    Address

  • Full Address: 1048 Merced St
  • Address - House Number: 1048
  • Address - Street Name: Merced
  • Address - Suffix Type: St
  • State: CA
  • City Name: Redlands
  • Carrier Code: C026
  • 4-Digit Zip Code: 4932
  • Zip Code: 92374

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,085
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 005-000

    Appraisal Valuation

  • Standard Deviation: 0.194
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 74
  • Final Value: 585,974
  • High Value: 699,708
  • Low Value: 472,240

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $516,281
  • First Open Lien Mortgage Lender: PEOPLES DISCOUNT MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Mar 21, 2019
  • First Open Lien Mortgage Loan Amount: $391,281
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2049
  • Second Open Lien Mortgage Lender: CDC SMALL BUSINESS FINANCE COR
  • Second Open Lien Mortgage Recording Date: Apr 13, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $125,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $427,273
  • Assessed Land Value: $128,181
  • Assessed Improvements Value: $299,092

    Sales

  • Current Sale Contract Date: Feb 19, 2019
  • Current Sale Recording Date: Mar 21, 2019
  • Current Sale Transaction ID: 11591384903
  • Current Sale Price: $398,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0087581
  • Previous Sale Recording Date: Nov 06, 2007
  • Previous Sale Contract Date: Sep 06, 2007
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES DISCOUNT MORTGAGE INC
  • First Mortgage Transaction Date: Mar 21, 2019
  • First Mortgage Loan Amount: $391,281
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2049

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Frequently Asked Questions

What neighborhood is 1048 Merced Street located in?
The 1048 Merced Street is a house located in the neighborhood of North Redlands in North Redlands, Redlands.
What is the average sales price for listings in 1048 Merced Street?
The average sales price for units in 1048 Merced Street is $0 currently.

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