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1058 Vernal Avenue

1058 Vernal Avenue, Merced, CA 95340
Property in Merced
Sold Dec 31, 2012
$162,000
$225,000 by Crosscountry Mortgage Llc
Mortgage Due Apr 01, 2051
1058 Vernal Avenue has been categorized by the local assessors in Merced, CA as a residential type of property. The building on the property was first built in 1978 and is 46 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1058 Vernal Avenue has 1,543 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,098 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 393 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1058 Vernal Avenue sold most recently in Dec 27, 2012 for a total of $162,000. If you work out the math, that's approximately a cost of $83.68 per sqft. 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 $2,074 in taxes each year. 1058 Vernal Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $191,735. If we break it down further, the land itself was valued at $23,667. Improvements to the property, however, were assessed at a total of $168,068. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • 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: Wood
  • Building Style: Custom
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 393
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,936
  • Gross Building Area: 1,936
  • Building Area: 1,543
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,543
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WAINWRIGHTS PARK VILLAGE 06
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W PK VIL #6 LOT 121

Ownership

  • Current Owner : ALEXANDER JESSE LEE
  • Previous Owner : RHODES NORA K
  • Previous Owner 2: FOSTER NORA K
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Merced Union High School District
  • Census Tract: 001101

Zoning

  • Zoning: R16

Geography

  • Parcel: 006-363-006-000
  • Lot: 121
  • Latitude: 37.3275
  • Longitude: -120.458

    Address

  • Full Address: 1058 Vernal Ave
  • Address - House Number: 1058
  • Address - Street Name: Vernal
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Merced
  • Carrier Code: C028
  • 4-Digit Zip Code: 0636
  • Zip Code: 95340

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,074
  • Tax Rate Code Area: 005-000

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 430,007
  • High Value: 494,907
  • Low Value: 365,106

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 16, 2021
  • First Open Lien Mortgage Loan Amount: $225,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,735
  • Assessed Land Value: $23,667
  • Assessed Improvements Value: $168,068

    Sales

  • Current Sale Contract Date: Dec 27, 2012
  • Current Sale Recording Date: Dec 31, 2012
  • Current Sale Transaction ID: 1037428491
  • Current Sale Price: $162,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2012-048404

    Last Sale Mortgage

  • First Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Mortgage Transaction Date: Dec 31, 2012
  • First Mortgage Loan Amount: $116,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2043

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Frequently Asked Questions

What neighborhood is 1058 Vernal Avenue located in?
The 1058 Vernal Avenue is a located in the neighborhood of Merced in Merced, Merced.
What is the average sales price for listings in 1058 Vernal Avenue?
The average sales price for units in 1058 Vernal Avenue is $0 currently.

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