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2855 LA Palma Avenue

2855 LA Palma Avenue, Merced, CA 95348
Property in Merced
Sold Jun 27, 2016
$167,500
$213,750 by Jpmorgan Chase Bank Na
Mortgage Due Jan 01, 2052
Sold Nov 30, 2015
$126,000
2855 LA Palma Avenue in Merced, CA was first built in 1999 and is 25 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2855 LA Palma Avenue has 1,089 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 3,999 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 418 sqft. There are a total of 2 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 C. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2855 LA Palma Avenue sold most recently in Jun 3, 2016 for a total of $167,500. If you work out the math, that's approximately a cost of $111.15 per sqft. Before that, the property was also sold for $126,000 in Nov 13, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,138 in taxes each year. The initial year of tax delinquency occurred in 2016. 2855 LA Palma Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $190,580. If we break it down further, the land itself was valued at $51,200. Improvements to the property, however, were assessed at a total of $139,380. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 418
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,999
  • Total Building Area: 1,507
  • Gross Building Area: 1,507
  • Building Area: 1,089
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,089
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOWBRK ESTATE
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILLOWBRK EST PHASE II LOT 36

Ownership

  • Current Owner : GIRON JUANA
  • Current Owner 2: MELENDEZ YVONNE E
  • Previous Owner : VEGA HECTOR
  • Owner Before Previous Owner: CHAMPION MORTGAGE COMPANY
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Merced Union High School District
  • Census Tract: 001005

Zoning

  • Zoning: RPD

Geography

  • Parcel: 058-370-054-000
  • Lot: 36
  • Latitude: 37.3155
  • Longitude: -120.501

    Address

  • Full Address: 2855 La Palma Ave
  • Address - House Number: 2855
  • Address - Street Name: La Palma
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Merced
  • Carrier Code: C040
  • 4-Digit Zip Code: 1338
  • Zip Code: 95348

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,138
  • Intital Tax Deliquent Year: 2016
  • Tax Rate Code Area: 005-102

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 340,466
  • High Value: 393,568
  • Low Value: 287,363

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,750
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 17, 2021
  • First Open Lien Mortgage Loan Amount: $213,750
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,580
  • Assessed Land Value: $51,200
  • Assessed Improvements Value: $139,380

    Sales

  • Current Sale Contract Date: Jun 03, 2016
  • Current Sale Recording Date: Jun 27, 2016
  • Current Sale Transaction ID: 1647149666
  • Current Sale Price: $167,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016020826
  • Previous Sale Recording Date: Nov 30, 2015
  • Previous Sale Contract Date: Nov 13, 2015
  • Previous Sale Amount: $126,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLDEN EMPIRE MORTGAGE INC
  • First Mortgage Transaction Date: Jun 27, 2016
  • First Mortgage Loan Amount: $123,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

About Merced



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Frequently Asked Questions

What neighborhood is 2855 LA Palma Avenue located in?
The 2855 LA Palma Avenue is a located in the neighborhood of Merced in Merced, Merced.
What is the average sales price for listings in 2855 LA Palma Avenue?
The average sales price for units in 2855 LA Palma Avenue is $0 currently.

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