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1877 El Portal Drive

1877 El Portal Drive, Merced, CA 95340
Property in Merced
Sold Jun 25, 2020
$446,000
$356,480 by Crosscountry Mortgage Llc
Mortgage Due Jul 01, 2050
Sold Jan 17, 2020
$475,000
$1,670,000 by Assemi Brothers Llc
Mortgage
Local assessors in Merced, CA have categorized 1877 El Portal Drive as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 7,466 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 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 1877 El Portal Drive has a total of 2,191 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 717 sqft. There are 3 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 - B. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 1877 El Portal Drive sold most recently in Mar 6, 2020 for a total of $446,000. If you work out the math, that's approximately a cost of $203.56 per sqft. Before that, the property was also sold for $475,000 in Jan 13, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,223 in taxes each year. 1877 El Portal Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $468,401. If we break it down further, the land itself was valued at $84,092. Improvements to the property, however, were assessed at a total of $384,309. 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: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 717
  • Parking Space Count: 3
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,466
  • Total Building Area: 2,191
  • Gross Building Area: 2,191
  • Building Area: 2,191
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,191
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMELOT PH 02
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAMELOT - PHASE 2 LOT 46

Ownership

  • Current Owner : HALL CRAIG
  • Current Owner 2: HALL JEANINE
  • Previous Owner : MAK TOWN QUEEN LLC
  • Owner Before Previous Owner: VALLEY COASTAL DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Merced Union High School District
  • Census Tract: 002602

Zoning

  • Zoning: R16

Geography

  • Parcel: 008-470-017-000
  • Lot: 46
  • Latitude: 37.3255
  • Longitude: -120.45

    Address

  • Full Address: 1877 El Portal Dr
  • Address - House Number: 1877
  • Address - Street Name: El Portal
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Merced
  • Carrier Code: C049
  • 4-Digit Zip Code: 1782
  • Zip Code: 95340

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,223
  • Tax Rate Code Area: 005-119

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 492,627
  • High Value: 568,234
  • Low Value: 417,021

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,480
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 25, 2020
  • First Open Lien Mortgage Loan Amount: $356,480
  • 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: Jul 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $468,401
  • Assessed Land Value: $84,092
  • Assessed Improvements Value: $384,309

    Sales

  • Current Sale Contract Date: Mar 06, 2020
  • Current Sale Recording Date: Jun 25, 2020
  • Current Sale Transaction ID: 11773020231
  • Current Sale Price: $446,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020020724
  • Previous Sale Recording Date: Jan 17, 2020
  • Previous Sale Contract Date: Jan 13, 2020
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 25, 2020
  • First Mortgage Loan Amount: $356,480
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ASSEMI BROTHERS LLC
  • Previous Mortgage Transaction Date: Jan 17, 2020
  • Previous Mortgage Loan Amount: $1,670,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 1877 El Portal Drive located in?
The 1877 El Portal Drive is a located in the neighborhood of Merced in Merced, Merced.
What is the average sales price for listings in 1877 El Portal Drive?
The average sales price for units in 1877 El Portal Drive is $0 currently.

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