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2548 Merle Avenue

2548 Merle Avenue, Modesto, CA 95355
Sold Jul 15, 2005
$365,000
$292,000 by Paul Financial Llc
Mortgage Due Aug 01, 2045
Sold Dec 09, 1994
$119,500
$118,201 by Ambeck Mtg Associates
Mortgage Due Jan 01, 2025
Local assessors in Modesto, CA have categorized 2548 Merle Avenue as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 4,792 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2548 Merle Avenue has a total of 1,681 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. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Jul 11, 2005 for $365,000. That's $217.13 per sqft. Prior to that sales transaction, the property was also sold in Dec 5, 1994 for $119,500. 2548 Merle Avenue was last assessed in 2023. The total value of the property was assessed at $417,500. Specifically, the land the property is located on was valued at $225,000. While improvements on the property were assessed at a total of $192,500. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,624. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,681
  • Gross Building Area: 1,681
  • Building Area: 1,681
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,681
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST LAKE ESTATES
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EAST LAKE ESTATES BLK 11119 LOT 2

Ownership

  • Current Owner : OCHOA JOSE MAURICIO
  • Current Owner 2: HARO MARIA BELIA
  • Previous Owner : SARKIS AMER B
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sylvan Union Elementary School District
  • Census Tract: 000911

Geography

  • Parcel: 077-022-002-000
  • Block: 11119
  • Lot: 2
  • Latitude: 37.6706
  • Longitude: -120.948

    Address

  • Full Address: 2548 Merle Ave
  • Address - House Number: 2548
  • Address - Street Name: Merle
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Modesto
  • Carrier Code: R020
  • 4-Digit Zip Code: 9555
  • Zip Code: 95355

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,624
  • Tax Rate Code Area: 002-050

    Appraisal Valuation

  • Standard Deviation: 0.1619
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 79
  • Final Value: 467,159
  • High Value: 542,835
  • Low Value: 391,482

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $292,000
  • First Open Lien Mortgage Lender: PAUL FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jul 15, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $292,000
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Negative Amortization
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $417,500
  • Assessed Land Value: $225,000
  • Assessed Improvements Value: $192,500

    Sales

  • Current Sale Contract Date: Jul 11, 2005
  • Current Sale Recording Date: Jul 15, 2005
  • Current Sale Transaction ID: 1049876027
  • Current Sale Price: $365,000
  • Current Sale Document Type: Individual Deed
  • Current Sale Input Document Number: 2005-0124598
  • Previous Sale Recording Date: Dec 09, 1994
  • Previous Sale Contract Date: Dec 05, 1994
  • Previous Sale Amount: $119,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PAUL FINANCIAL LLC
  • First Mortgage Transaction Date: Jul 15, 2005
  • First Mortgage Loan Amount: $292,000
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: Negative Amortization
  • First Mortgage Loan Due Date: Aug 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMBECK MTG ASSOCIATES
  • Previous Mortgage Transaction Date: Dec 09, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $118,201
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2025

About East Lake Estates



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Frequently Asked Questions

What neighborhood is 2548 Merle Avenue located in?
The 2548 Merle Avenue is a located in the neighborhood of East Lake Estates in East Lake Estates, Modesto.
What is the average sales price for listings in 2548 Merle Avenue?
The average sales price for units in 2548 Merle Avenue is $0 currently.

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