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245 Las Palmas Street

245 Las Palmas Street, Los Banos, CA 93635
Property in Merced
Sold Oct 24, 2018
$418,000
$270,000 by Cf Bank
Mortgage Due Jan 01, 2051
Sold Jun 06, 2017
$4,700,000
245 Las Palmas Street in Los Banos, CA was first built in 2018 and is 6 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 245 Las Palmas Street has 2,517 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 6,120 square feet.

Learn more about the property and building on this page. There is a unknown. For those who need parking, there is a attached garage. The garage is 660 sqft. There are a total of 3 available parking spaces. 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 B. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central 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, 245 Las Palmas Street was last sold in Oct 15, 2018 for $418,000. According to our calculations, that's $166.07 per sqft. Prior to that sales transaction, the property was sold for $4,700,000 in May 24, 2017. Current property owners are expected to pay $5,571 in taxes per year. The property on 245 Las Palmas Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $447,748. To break that down further, the land itself was valued at $91,135. While improvements to the property were assessed at a total of $356,613. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 660
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,120
  • Total Building Area: 2,517
  • Gross Building Area: 2,517
  • Building Area: 2,517
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,517
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MISSION VILLAGE SOUTH PH 02
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MISSION VILLAGE SOUTH PHASE 2 LOT 75

Ownership

  • Current Owner : NGO HAL
  • Current Owner 2: TRAC KIMBERLEY
  • Previous Owner : STONEFIELD HOME INC
  • Owner Before Previous Owner: TREVINO PIONEER LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Banos Unified School District
  • Census Tract: 002305

Zoning

  • Zoning: R1

Geography

  • Parcel: 428-291-014-000
  • Lot: 75
  • Latitude: 37.0689
  • Longitude: -120.828

    Address

  • Full Address: 245 Las Palmas St
  • Address - House Number: 245
  • Address - Street Name: Las Palmas
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Banos
  • Carrier Code: C014
  • 4-Digit Zip Code: 6465
  • Zip Code: 93635

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,571
  • Tax Rate Code Area: 004-001

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 503,876
  • High Value: 581,209
  • Low Value: 426,543

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,000
  • First Open Lien Mortgage Lender: CF BANK
  • First Open Lien Mortgage Recording Date: Dec 21, 2020
  • First Open Lien Mortgage Loan Amount: $270,000
  • 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: Jan 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $447,748
  • Assessed Land Value: $91,135
  • Assessed Improvements Value: $356,613

    Sales

  • Current Sale Contract Date: Oct 15, 2018
  • Current Sale Recording Date: Oct 24, 2018
  • Current Sale Transaction ID: 11531519801
  • Current Sale Price: $418,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018033035
  • Previous Sale Recording Date: Jun 06, 2017
  • Previous Sale Contract Date: May 24, 2017
  • Previous Sale Amount: $4,700,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 24, 2018
  • First Mortgage Loan Amount: $292,320
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

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Frequently Asked Questions

What neighborhood is 245 Las Palmas Street located in?
The 245 Las Palmas Street is a located in the neighborhood of Merced in Los Banos, Los Banos.
What is the average sales price for listings in 245 Las Palmas Street?
The average sales price for units in 245 Las Palmas Street is $0 currently.

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