Merced  »  95348

307 Korbel Avenue, Merced, CA 95348

Merced
Building in 95348
2 Stories
Built in 2020
Nearby Active Listings
Welcome to 307 Korbel Avenue, a building located in Merced in Merced, CA. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 2020. There are a total of 2 floors. Finally, 307 Korbel Avenue was most recently sold on Sep 8, 2020 for $293,500. According to local assessors, the total value of the building is currently valued at $305,138. Specifically, the value of the land that the property sits on has been assessed at $83,232. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
2020
Effective Year Built
2020
Building Count
1
Total Rooms
8
Bedroom Count
4
Bathroom Count
3
Full Bathrooms
2
Partial Bathrooms
3
Building Condition
unknown
Building Quality
C
Construction Type
Wood
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
2
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
Attached
Garage Square Area
410
Parking Space Count
2
Patio Type
Patio
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
BELLEVUE RANCH WEST VILLAGE 03
Land Acres
0.055
Standard Land Use Code
Single family residential
County Land Use Code
unknown
Legal Description 1
BELLEVUE RANCH WEST VILLAGE 3 LOT 74
Ownership
Current Owner
CHAN LOUIS TAK WAI
Current Owner's Name
CHAN LOUIS TAK WAI
Current Owner 2
TEO AI CHEN
Current Owner 2's Name
TEO AI
Previous Owner
D R HORTON CA3 INC
Previous Owner's Name
D R HORTON CA3 INC
Owner Address - City
SAN RAMON
Owner Address - State
CA
Owner Address - ZIP Code
94582
Owner First Name
LOUIS
Owner Last Name
CHAN
Owner Middle Name
TAK WAI
Second Owner First Name
AI
Second Owner Last Name
TEO
Owner Before Previous Owner
FOREBAY FARMS LLC
Ownership Rights Codes
Community Property
Neighborhood
School District Name
Merced Union High School District
Census Tract
001007
Census Block Code
1028
Census Group
1
Census Year
2019
Census - Combined Statistical Area - Area Code
488
Census - Combined Statistical Area - Area Name
San Jose-San Francisco-Oakland, CA
Census - County FIPS
06047
Census - Full FIPS
060470010021028
Census - Metro Micro Statistical Area - Area Code
32900
Census - Metro Micro Statistical Area - Area Name
Merced, CA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
0646898
Census Source
US Census Bureau
Census State FIPS
06
Census Tract Code
001002
School District - Secondary - Grade High
12
School District - Secondary - Grade Low
09
School District - Secondary - LEA Code
0624660
School District - Secondary - Name
Merced Union High School District
Zoning
Zoning
PD
Geography
Parcel
230-120-035-000
Lot
74
Lot Code
unknown
Latitude
37.3451
Longitude
-120.472
FIPS
06047
Mailing Carrier Code
C045
Mailing Full Street Address
6550 BENNINGTON WAY
Mailing House Number
6550
Mailing Street Mode
WAY
Mailing Street
BENNINGTON
Mailing 4-Digit Zip Code
3902
Old APN
230-120-035
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2024-02-26 20:30:06
UCID Flag
C
More About The Building
In total, the building area is listed as 1,737 square feet. The building itself has 1,737 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 307 Korbel Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the 95348 area have a median price of $1,925. Those in the 25th percentile, have a price around $1,213. While those in the 75th percentile, have a price around $2,150. Typically, the buildings in this area have a median sqft of 1,435. That means that the median price per sqft is around $1. In other words, the price per sqft for buildings in the 25th percentile is $1. While the price per sqft for buildings in the 75th percentile is $2. As a breakdown, we've included the following stats:

  • There are currently a total of 2 studio listings. The median price for these types of listings is $995. That's $1.94 price per sqft.

  • There are currently a total of 4 one bedroom listings. The median price for these types of listings is $1,125. That's $1.84 price per sqft.

  • There are currently a total of 5 two bedroom listings. The median price for these types of listings is $1,350. That's $1.50 price per sqft.

  • There are currently a total of 6 three bedroom listings. The median price for these types of listings is $2,023. That's $1.36 price per sqft.

  • There are currently a total of 10 four bedroom listings. The median price for these types of listings is $2,225. That's $1.23 price per sqft.
About The Area
307 Korbel Avenue is located in 95348. There are 33,555 people living here. There are 10,757 households. Most of these households have an average family size of 3.7 people. According to the census, 57% are currently renting while 43% own their homes. The median age of this population is around 29.3 years old. On average, most folks in the zipcode are unmarried. About 44% of folks speak a language other than English in this area. The area's employment rate is currently around 48.8%. Speaking of employment, the median income is $41,741. Most folks will commute by car for around 23.2 minutes. Finally, we know that 25% of residents in the area have graduated with their high school degree. Additionally, 13% and 6% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Merced County, California has a population of 265,001 people. Based on census records, there are 78,270 registered households. Families in this area are on average made up of 3.76 people per household. Most folks are married. They are also typically around 30.6 years old. Does diversity matter to you? Right now, 52% of folks speak a language other than English here. About 48% rent while 52% purchased their homes. Right now, the community is made up of 25% of residents who have graduated with at least a high school degree. On top of that, 9% have a Bachelor's degree and 5% have a Master's degree. The employment rate is currently around 50%. Those employed, have a median income of $44,397. If you move here, you can expect to commute mostly by car for around 26.6 minutes.

$995
Studio Median Rent
$1,125
1BR Median Rent
$1,350
2BR Median Rent
$2,023
3BR Median Rent
PUBLIC TRANSIT
M4
G St and Mercy Ave (0.32 mi - 7 min walk)
The Bus
M4
M St and Samuel Way (0.34 mi - 8 min walk)
The Bus
UC
UC Merced Parking Lot (Merced College) (0.48 mi - 12 min walk)
The Bus
M3
M4
UC
Mercy Medical Center (0.51 mi - 12 min walk)
The Bus
M4
G St and Foothill Dr (0.62 mi - 15 min walk)
The Bus

Nearby Schools

(within attendance boundary)
Rudolph Rivera Elementary  •  1.38 mi
945 Buena Vista Dr., Merced, CA 95348
Public  •  Elementary  •  Grades KG to 6
Merced City Elementary School District
601 Mercy Ave., Merced, CA 95340
Public  •  Middle School  •  Grades 7 to 8
Merced City Elementary School District
El Capitan High  •  1.41 mi
100 W. Farmland, Merced, CA 95348
Public  •  High School  •  Grades 9 to 12
Merced Union High School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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