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1240 Jackson Avenue

1240 Jackson Avenue, Merced, CA 95340
Property in Merced
Sold May 18, 2020
$272,000
$301,500 by Sun West Mortgage Company Inc
Mortgage Due Apr 01, 2052
Local assessors in Merced, CA have categorized 1240 Jackson Avenue as a residential type of property. The home was built in 1983 and is 41 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 8,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 1240 Jackson Avenue has a total of 1,526 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 464 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. 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 wood 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. The building has a roof that is made of materials that we aren't sure of. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1240 Jackson Avenue was last sold in May 8, 2020 for $272,000. According to our calculations, that's $136.68 per sqft. Current property owners are expected to pay $3,085 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 1240 Jackson Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $285,917. To break that down further, the land itself was valued at $63,069. While improvements to the property were assessed at a total of $222,848. 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: 1983
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Unknown
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 464
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,000
  • Total Building Area: 1,990
  • Gross Building Area: 1,990
  • Building Area: 1,526
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,526
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JACKSONS BEAR CR HOL
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JACKSONS BEAR CR HOL LOT # 31

Ownership

  • Current Owner : CARDENAS ARID
  • Current Owner 2: LUGO MICHAEL
  • Previous Owner : DAVID ELMER S
  • Previous Owner 2: DAVID LORETA S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Merced Union High School District
  • Census Tract: 001402

Zoning

  • Zoning: R16

Geography

  • Parcel: 033-280-030-000
  • Lot: 31
  • Latitude: 37.3067
  • Longitude: -120.454

    Address

  • Full Address: 1240 Jackson Ave
  • Address - House Number: 1240
  • Address - Street Name: Jackson
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Merced
  • Carrier Code: C034
  • 4-Digit Zip Code: 3282
  • Zip Code: 95340

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,085
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 005-000

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 371,936
  • High Value: 439,811
  • Low Value: 304,061

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $301,500
  • First Open Lien Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Mar 07, 2022
  • First Open Lien Mortgage Loan Amount: $301,500
  • 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, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $285,917
  • Assessed Land Value: $63,069
  • Assessed Improvements Value: $222,848

    Sales

  • Current Sale Contract Date: May 08, 2020
  • Current Sale Recording Date: May 18, 2020
  • Current Sale Transaction ID: 11764600797
  • Current Sale Price: $272,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020015915

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: May 18, 2020
  • First Mortgage Loan Amount: $263,840
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

About Merced



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Frequently Asked Questions

What neighborhood is 1240 Jackson Avenue located in?
The 1240 Jackson Avenue is a located in the neighborhood of Merced in Merced, Merced.
What is the average sales price for listings in 1240 Jackson Avenue?
The average sales price for units in 1240 Jackson Avenue is $0 currently.

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