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3281 Meadows Avenue

3281 Meadows Avenue, Merced, CA 95348
Multifamily in Merced
Sold Apr 04, 2018
$3,970,000
$1,750,000 by Bofi Federal Bank
Mortgage Due Jul 26, 2048
This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. In total, the area measurement of the land is 143,748 square feet.

Learn more about the property and building on this page. 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. 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, 3281 Meadows Avenue sold most recently in Apr 3, 2018 for a total of $3,970,000. 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 $46,676 in taxes each year. The initial year of tax delinquency occurred in 2018. 3281 Meadows Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,340,231. If we break it down further, the land itself was valued at $628,845. Improvements to the property, however, were assessed at a total of $3,711,386. 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.

Building Features

Exterior

Stucco Exterior

Parking

Assigned Parking
Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Living Units: 47
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 143,748
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CROCKER COLONY
  • Land Acres: 3.3
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: PARCEL 2 PM 32-44 SEC 13/7/13

Ownership

  • Current Owner : AMERICA PROGRESO MEADOWS LLC
  • Previous Owner : DHI MERCED GARDENS APARTMENTS LP
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Merced Union High School District
  • Census Tract: 001003

Zoning

  • Zoning: PD

Geography

  • Parcel: 058-030-029-000
  • Lot: 46
  • Meridian: SEC 13 TWN 7S RNG 13E
  • Latitude: 37.3227
  • Longitude: -120.491

    Address

  • Full Address: 3281 Meadows Ave
  • Address - House Number: 3281
  • Address - Street Name: Meadows
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Merced
  • Carrier Code: C029
  • 4-Digit Zip Code: 1940
  • Zip Code: 95348

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $46,676
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 005-005

    Appraisal Valuation

  • Standard Deviation: 0.4739
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 5
  • Final Value: 3,955,632
  • High Value: 5,830,453
  • Low Value: 2,080,810

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,750,000
  • First Open Lien Mortgage Lender: BOFI FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Jul 26, 2018
  • First Open Lien Mortgage Loan Amount: $1,750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 26, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,340,231
  • Assessed Land Value: $628,845
  • Assessed Improvements Value: $3,711,386

    Sales

  • Current Sale Contract Date: Apr 03, 2018
  • Current Sale Recording Date: Apr 04, 2018
  • Current Sale Transaction ID: 11442220918
  • Current Sale Price: $3,970,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018009870

About Merced



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Frequently Asked Questions

What neighborhood is 3281 Meadows Avenue located in?
The 3281 Meadows Avenue is a multifamily located in the neighborhood of Merced in Merced, Merced.
What is the average sales price for listings in 3281 Meadows Avenue?
The average sales price for units in 3281 Meadows Avenue is $0 currently.

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