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2185 Balboa Avenue

2185 Balboa Avenue, Merced, CA 95348
Property in Merced
Sold Mar 18, 2020
Transfer
$220,924 by Cardinal Financial Company Lp
Mortgage Due Apr 01, 2050
Sold Mar 18, 2020
$225,000
Local assessors in Merced, CA have categorized 2185 Balboa Avenue as a residential type of property. The home was built in 1974 and is 50 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 7,832 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 2185 Balboa Avenue has a total of 1,200 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 garage for those who need a place to park their vehicle. The garage on the property is 440 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 both a unknown and a unknown so you'll have great options in both the front and 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $225,000 in Mar 16, 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 $2,592 in taxes each year. 2185 Balboa Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $236,512. If we break it down further, the land itself was valued at $57,813. Improvements to the property, however, were assessed at a total of $178,699. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1974
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,832
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOW BROOK TR 04
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MDW-BRK TR #4 LOT 12

Ownership

  • Current Owner : VALDEZ JENNIFER
  • Previous Owner : MOTA JOSE GONZALEZ
  • Owner Before Previous Owner: CASTLE ASSETS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Merced Union High School District
  • Census Tract: 000903

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 4
  • Parcel: 057-283-006-000
  • Lot: 12
  • Latitude: 37.3193
  • Longitude: -120.526

    Address

  • Full Address: 2185 Balboa Ave
  • Address - House Number: 2185
  • Address - Street Name: Balboa
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Merced
  • Carrier Code: C048
  • 4-Digit Zip Code: 4022
  • Zip Code: 95348

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,592
  • Tax Rate Code Area: 083-018

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 330,845
  • High Value: 394,980
  • Low Value: 266,709

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,924
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Mar 18, 2020
  • First Open Lien Mortgage Loan Amount: $220,924
  • 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: Apr 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,512
  • Assessed Land Value: $57,813
  • Assessed Improvements Value: $178,699

    Sales

  • Current Sale Contract Date: Mar 16, 2020
  • Current Sale Recording Date: Mar 18, 2020
  • Current Sale Transaction ID: 11754544413
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2020009377
  • Previous Sale Recording Date: Mar 18, 2020
  • Previous Sale Contract Date: Mar 16, 2020
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Mar 18, 2020
  • First Mortgage Loan Amount: $220,924
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

About Franklin



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Frequently Asked Questions

What neighborhood is 2185 Balboa Avenue located in?
The 2185 Balboa Avenue is a located in the neighborhood of Merced in Franklin, Merced.
What is the average sales price for listings in 2185 Balboa Avenue?
The average sales price for units in 2185 Balboa Avenue is $0 currently.

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