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2973 Oleander Avenue

2973 Oleander Avenue, Merced, CA 95340
House in Merced
Sold Oct 05, 2018
$250,000
$250,000 by Navy Fcu
Mortgage Due Nov 01, 2048
Sold Oct 11, 2016
$140,000
$112,000 by New American Funding
Mortgage Due Nov 01, 2046
Local assessors in Merced, CA have categorized 2973 Oleander Avenue as a residential type of property. The home was built in 1949 and is 75 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 11,761 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 6 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 is one full bathroom. There is also a partial bathroom. 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 2973 Oleander Avenue has a total of 1,086 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 432 sqft. There are 4 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. 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, 2973 Oleander Avenue sold most recently in Oct 2, 2018 for a total of $250,000. If you work out the math, that's approximately a cost of $164.69 per sqft. Before that, the property was also sold for $140,000 in Sep 27, 2016. 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 $2,922 in taxes each year. 2973 Oleander Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $268,047. If we break it down further, the land itself was valued at $69,691. Improvements to the property, however, were assessed at a total of $198,356. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1949
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 432
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,518
  • Gross Building Area: 1,518
  • Building Area: 1,086
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,086
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRAD 01
  • Land Acres: 0.27
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: BRAD #1 POR LOT 96 20/7/14

Ownership

  • Current Owner : MCCAINE DEBORAH MAE
  • Current Owner 2: MCCAINE DAVID JESSE
  • Previous Owner : LE MY CHI
  • Previous Owner 2: HUYNH THANH
  • Owner Before Previous Owner: LOPEZ AYALA JOSEPH F
  • Owner Before Previous Owner 2: LOPEZ AYALA JEANNETTE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Merced Union High School District
  • Census Tract: 001200

Zoning

  • Zoning: R1

Geography

  • Parcel: 007-101-015-000
  • Lot: 96
  • Latitude: 37.3147
  • Longitude: -120.462

    Address

  • Full Address: 2973 Oleander Ave
  • Address - House Number: 2973
  • Address - Street Name: Oleander
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Merced
  • Carrier Code: C008
  • 4-Digit Zip Code: 2448
  • Zip Code: 95340

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,922
  • Tax Rate Code Area: 083-015

    Appraisal Valuation

  • Standard Deviation: 0.4739
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 5
  • Final Value: 148,233
  • High Value: 218,489
  • Low Value: 77,976

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Oct 05, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,047
  • Assessed Land Value: $69,691
  • Assessed Improvements Value: $198,356

    Sales

  • Current Sale Contract Date: Oct 02, 2018
  • Current Sale Recording Date: Oct 05, 2018
  • Current Sale Transaction ID: 11523822913
  • Current Sale Price: $250,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018031222
  • Previous Sale Recording Date: Oct 11, 2016
  • Previous Sale Contract Date: Sep 27, 2016
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Oct 05, 2018
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NEW AMERICAN FUNDING
  • Previous Mortgage Transaction Date: Oct 11, 2016
  • Previous Mortgage Loan Amount: $112,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046

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Frequently Asked Questions

What neighborhood is 2973 Oleander Avenue located in?
The 2973 Oleander Avenue is a house located in the neighborhood of Merced in Merced, Merced.
What is the average sales price for listings in 2973 Oleander Avenue?
The average sales price for units in 2973 Oleander Avenue is $0 currently.

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