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1108 Iowa Avenue

1108 Iowa Avenue, Los Banos, CA 93635
Property in Merced
Sold Dec 01, 2020
$450,000
$427,500 by Land-home Financial Services
Mortgage Due Dec 01, 2050
1108 Iowa Avenue in Los Banos, CA was first built in 1952 and is 72 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1108 Iowa Avenue has 660 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. In total, the area measurement of the land is 7,245 square feet.

Learn more about the property and building on this page. There is a patio. For those who need parking, there is a attached garage. The garage is 220 sqft. There is one available parking space. 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. Walk into the home itself and you'll find that it is currently being cooled with a wall air conditioning unit. As for heating, the home is utilizing floor/wall heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1108 Iowa Avenue was last sold in Nov 20, 2020 for $450,000. According to our calculations, that's $681.82 per sqft. Current property owners are expected to pay $5,090 in taxes per year. The property on 1108 Iowa Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $469,230. To break that down further, the land itself was valued at $52,020. While improvements to the property were assessed at a total of $417,210. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Multifamily
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,245
  • Total Building Area: 660
  • Gross Building Area: 660
  • Building Area: 660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 660
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PAGE ADD
  • Land Acres: 0.166
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: POR PARCEL 8 PM 45-11 SEC 15/10/10

Ownership

  • Current Owner : ALVAREZ STEPHANIE HERNANDEZ
  • Current Owner 2: HERNANDEZ JUAN
  • Previous Owner : OLSON CLAUDIA J
  • Previous Owner 2: CLAUDIA J OLSON LIVING TRUST
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Banos Unified School District
  • Census Tract: 002201

Geography

  • Parcel: 027-097-017-000
  • Latitude: 37.0608
  • Longitude: -120.861

    Address

  • Full Address: 1108 Iowa Ave
  • Address - House Number: 1108
  • Address - Street Name: Iowa
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Banos
  • Carrier Code: C003
  • 4-Digit Zip Code: 3909
  • Zip Code: 93635

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,090
  • Tax Rate Code Area: 004-001

    Appraisal Valuation

  • Standard Deviation: 0.4739
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 5
  • Final Value: 550,644
  • High Value: 811,628
  • Low Value: 289,659

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $427,500
  • First Open Lien Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Dec 01, 2020
  • First Open Lien Mortgage Loan Amount: $427,500
  • 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: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $469,230
  • Assessed Land Value: $52,020
  • Assessed Improvements Value: $417,210

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Transaction ID: 11807993927
  • Current Sale Price: $450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020046145

    Last Sale Mortgage

  • First Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Mortgage Transaction Date: Dec 01, 2020
  • First Mortgage Loan Amount: $427,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

About Los Banos



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Frequently Asked Questions

What neighborhood is 1108 Iowa Avenue located in?
The 1108 Iowa Avenue is a located in the neighborhood of Merced in Los Banos, Los Banos.
What is the average sales price for listings in 1108 Iowa Avenue?
The average sales price for units in 1108 Iowa Avenue is $0 currently.

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