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1114 Merced Street

1114 Merced Street, Madera, CA 93638
Property in Madera
Sold Nov 09, 2021
Transfer
$240,562 by Homebridge Financial Services
Mortgage Due Dec 01, 2051
Sold Nov 09, 2021
$245,000
Local assessors in Madera, CA have categorized 1114 Merced Street as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 8,115 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1114 Merced Street has a total of 1,024 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 390 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $245,000 in Nov 2, 2021. Current property owners are expected to pay $2,828 in taxes per year. The property on 1114 Merced Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $249,900. To break that down further, the land itself was valued at $40,800. While improvements to the property were assessed at a total of $209,100. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 390
  • Garage Type: Attached
  • Garage Square Area: 390
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,115
  • Total Building Area: 1,024
  • Gross Building Area: 1,024
  • Building Area: 1,024
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,024
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROGERS ADD
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROGERS ADD LOTS 21 AND 22 BLK 11

Ownership

  • Current Owner : AGUILAR IVAN
  • Previous Owner : GARCIA MARIA M
  • Owner Before Previous Owner: ELIAS JUAN
  • Owner Before Previous Owner 2: ELIAS MARIA ELISA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Madera Unified School District
  • Census Tract: 000603

Geography

  • Assessors Map Reference: 105-E2
  • Parcel: 005-083-004-000
  • Block: 11
  • Lot: 21,22
  • Latitude: 36.975
  • Longitude: -120.053

    Address

  • Full Address: 1114 Merced St
  • Address - House Number: 1114
  • Address - Street Name: Merced
  • Address - Suffix Type: St
  • State: CA
  • City Name: Madera
  • Carrier Code: C009
  • 4-Digit Zip Code: 2213
  • Zip Code: 93638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,828
  • Tax Rate Code Area: 002051

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 284,783
  • High Value: 347,502
  • Low Value: 222,064

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,562
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Nov 09, 2021
  • First Open Lien Mortgage Loan Amount: $240,562
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,900
  • Assessed Land Value: $40,800
  • Assessed Improvements Value: $209,100

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Nov 09, 2021
  • Current Sale Transaction ID: 11865738113
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2021035144
  • Previous Sale Recording Date: Nov 09, 2021
  • Previous Sale Contract Date: Nov 02, 2021
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Nov 09, 2021
  • First Mortgage Loan Amount: $240,562
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2051

About Madera



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Frequently Asked Questions

What neighborhood is 1114 Merced Street located in?
The 1114 Merced Street is a located in the neighborhood of Madera in Madera, Madera.
What is the average sales price for listings in 1114 Merced Street?
The average sales price for units in 1114 Merced Street is $0 currently.

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