Investment Potential for 330 Somerset Ave

The property has a current estimated value of $463,933, which is 8% below the zip median, based on public records. It last sold on June 28, 2022 for $475K. Projected long-term

is $26,400 annually ($2,200 per month) with a 94% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$475,000

Sold June 28, 2022

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$464K

($449K - $480K)

8% below zip median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in 93635.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$26,400 per year($2,200 per month)

$*****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

94%in 93635 zip code

View Rental Potential

Owners & Occupancy for 330 Somerset Ave

No contact information is available.

Appreciation Since Purchased

-$11,067

Purchased June 28, 2022

Number of Residents

5

Occupancy

Resident 1	****************
Resident 2	**************
Resident 3	***************
Resident 4	*************
Resident 5	*****************

Property Details for 330 Somerset Ave

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

$*****

View Equity

Property Age

20 years

(Remodeled 2005)

2 years newer than zip median

Property Details

Property Sq Ft

Living Area

1,636 sq ft

23% below market

Lot Size

7,470 sq ft

12% above market

Price Per Sq Ft

Living Area

$284 / sq ft

17% above market

Lot Size Area

$62 / sq ft

16% below market

Property Information

Property condition, age, exterior, etc. for 330 Somers…

Land & Location Information

Longitude: -120.831076 Latitude: 37.07162 Parcel Number (APN): 424-133-012-000…

Mortgage & Equity Information

Mortgage originated on through lender: Scenic Oaks Fndg for$******View Mortgage Details

Recommended Properties in 93635

Discover more single family homes near 330 Somerset Ave in Los Banos, California. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Owned for 15 - 25 Years
$488K - $530K
Est. Value
1662 Alyssum Way, Los Banos, CA 93635
4 beds · 2 baths · 2,255 sq ft · Last Sold: $166,000 in 2010 · Built: 2001
Owned for 5 - 10 Years
$412K - $444K
Est. Value
2959 La Vina Cir, Los Banos, CA 93635
3 beds · 2 baths · 1,322 sq ft · Last Sold: $233,000 in 2019 · Built: 2006
High Demand Long-Term Rental
$556K - $600K
Est. Value
1419 Nottingham Cir, Los Banos, CA 93635
6 beds · 3 baths · 2,462 sq ft · Last Sold: $155,000 in 2010 · Built: 2004
Owner Age 35 - 45
$365K - $408K
Est. Value
914 Jefferson Ave, Los Banos, CA 93635
3 beds · 2 baths · 1,140 sq ft · Last Sold: $294,000 in 2018 · Built: 1964
Owner Age Above 75
$421K - $456K
Est. Value
733 Skylark Ave, Los Banos, CA 93635
2 beds · 2 baths · 1,864 sq ft · Last Sold: $285,000 in 2006 · Built: 1984
Owned for 5 - 10 Years
$412K - $441K
Est. Value
717 Whitney St, Los Banos, CA 93635
3 beds · 2 baths · 1,480 sq ft · Last Sold: $238,000 in 2016 · Built: 1993
Good value per sqft
$472K - $505K
Est. Value
2441 S Fallbrook Dr, Los Banos, CA 93635
5 beds · 2 baths · 2,698 sq ft · Last Sold: $162,000 in 2009 · Built: 2006
Owner Age Above 75
$456K - $484K
Est. Value
2248 Corsico Ct, Los Banos, CA 93635
3 beds · 2 baths · 1,928 sq ft · Last Sold: $255,000 in 2003 · Built: 2003
Owner Age 55 - 65
$518K - $557K
Est. Value
1837 Walter Dr, Los Banos, CA 93635
4 beds · 2 baths · 1,846 sq ft · Last Sold: $115,000 in 2009 · Built: 1999
Large Lot Advantage
$382K - $405K
Est. Value
1214 Iowa Ave, Los Banos, CA 93635
3 beds · 1 baths · 1,622 sq ft · Last Sold: $399,000 in 2023 · Built: 1960
Owner Age 65 - 75
$498K - $527K
Est. Value
818 San Carlo Ln, Los Banos, CA 93635
4 beds · 3 baths · 2,916 sq ft · Built: 1994
Owned for Less Than 5 Years
$492K - $525K
Est. Value
523 Sansoni St, Los Banos, CA 93635
4 beds · 3 baths · 1,855 sq ft · Last Sold: $475,000 in 2021 · Built: 2021
High Demand Long-Term Rental
$435K - $477K
Est. Value
1612 Greenbriar Way, Los Banos, CA 93635
3 beds · 2 baths · 1,987 sq ft · Last Sold: $167,000 in 2013 · Built: 1985
Occupancy Status
$400K - $421K
Est. Value
129 N Santa Ana St, Los Banos, CA 93635
3 beds · 2 baths · 1,156 sq ft · Built: 1992
Owned for 10 - 15 Years
$522K - $572K
Est. Value
962 Kathy St, Los Banos, CA 93635
5 beds · 3 baths · 2,435 sq ft · Last Sold: $175,000 in 2011 · Built: 1998
Owned for 5 - 10 Years
$391K - $414K
Est. Value
650 Machado St, Los Banos, CA 93635
3 beds · 2 baths · 1,854 sq ft · Last Sold: $302,000 in 2018 · Built: 2018
Owned for 15 - 25 Years
$413K - $439K
Est. Value
100 Tangelo St, Los Banos, CA 93635
3 beds · 2 baths · 1,713 sq ft · Last Sold: $110,000 in 2009 · Built: 1994
Owned for 5 - 10 Years
$400K - $429K
Est. Value
509 Ward Rd, Los Banos, CA 93635
3 beds · 2 baths · 1,294 sq ft · Last Sold: $304,000 in 2020 · Built: 1992
High Demand Long-Term Rental
$416K - $454K
Est. Value
2099 Place Rd, Los Banos, CA 93635
3 beds · 2 baths · 1,558 sq ft · Last Sold: $342,000 in 2018 · Built: 1998
Owned for Less Than 5 Years
$494K - $527K
Est. Value
128 W Santa Barbara St, Los Banos, CA 93635
4 beds · 2 baths · 2,073 sq ft · Last Sold: $515,000 in 2024 · Built: 2018

Market Benchmarks

Compare data for 330 Somerset Ave in Merced County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$463,933

$505,097

-$41,163 (-8%)

$828,362

-$364,428 (-44%)

$******

$********

$****** (****%)

$1,023,933

-$476,733 (-47%)

YoY Price Change

****%

1.04%

-52%

Year Built

2005

2003

2 years

1981

24 years

Living Space

1,636 sq ft

2,133 sq ft

-497 (-23%)

2,263 sq ft

-627 (-28%)

$ Per Living Sq Ft

$284

$241

$42 (17%)

$406

-$123 (-30%)

Lot Size

7,470 sq ft

6,694 sq ft

776 (12%)

7,612 sq ft

-142 (-2%)

$ Per Lot Sq Ft

$62

$74

-$12 (-16%)

$110

-$48 (-43%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$***** (****%)

$26,929

-$13,250 (-49%)

Annual Revenue

$26,400

$30,600

-$4,200 (-14%)

$44,400

-$18,000 (-41%)

$*****

$*** (****%)

$18,058

-$5,337 (-30%)

Net Operating Income

$*****

$***** (****%)

$26,929

-$13,250 (-49%)

Cap Rate

****%

—

3.4%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

Property Type	Single Family Home
Total Bedrooms	4
Total Bathrooms	2.5
Year Built	2005
Building Sq Ft	1,636 sq ft
Lot Size	0 Acres
Living Space	1,636 sq ft
Heating / Fuel	Central
Air Conditioning	Central A/C
Garage	Garage
Fireplace	Yes
Fireplace Type	1 Opening

APN	424-133-012-000
Census Tract	0023051002
County	Merced
Subdivision	Somerset Park
Zoning	R1
Neighborhood	93635
Longitude / Latitude	-120.831076 / 37.07162
Lot Size	7,470 sq ft

Loan Amount	$******
Lender	Scenic Oaks Fndg
Origination Date	July 01, 2022
Interest Rate	****%
Term	30 Years
Rate Type	Fixed
Est Balance	$********
Due Date	***************
Equity	View Equity

330 Somerset Ave Los Banos, CA 93635

property value

$463,933

market valuation

$505,097

market valuation

$505,097

investment intelligence

Investment Potential for 330 Somerset Ave

rental income

property appreciation

Last Sale Amount

$475,000

property value

$464K

($449K - $480K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 330 Somerset Ave

Appreciation Since Purchased

-$11,067

Number of Residents

5

Occupancy

Property Details for 330 Somerset Ave

Estimated Mortgage Balance

Estimated Equity

$*****

Property Age

20 years

(Remodeled 2005)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Mortgage & Equity Information

Recommended Properties in 93635

$488K - $530K

Est. Value

1662 Alyssum Way, Los Banos, CA 93635

4 beds · 2 baths · 2,255 sq ft · Last Sold: $166,000 in 2010 · Built: 2001

$412K - $444K

Est. Value

2959 La Vina Cir, Los Banos, CA 93635

3 beds · 2 baths · 1,322 sq ft · Last Sold: $233,000 in 2019 · Built: 2006

$556K - $600K

Est. Value

1419 Nottingham Cir, Los Banos, CA 93635

6 beds · 3 baths · 2,462 sq ft · Last Sold: $155,000 in 2010 · Built: 2004

$365K - $408K

Est. Value

914 Jefferson Ave, Los Banos, CA 93635

3 beds · 2 baths · 1,140 sq ft · Last Sold: $294,000 in 2018 · Built: 1964

$421K - $456K

Est. Value

733 Skylark Ave, Los Banos, CA 93635

2 beds · 2 baths · 1,864 sq ft · Last Sold: $285,000 in 2006 · Built: 1984

$412K - $441K

Est. Value

717 Whitney St, Los Banos, CA 93635

3 beds · 2 baths · 1,480 sq ft · Last Sold: $238,000 in 2016 · Built: 1993

$472K - $505K

Est. Value

2441 S Fallbrook Dr, Los Banos, CA 93635

5 beds · 2 baths · 2,698 sq ft · Last Sold: $162,000 in 2009 · Built: 2006

$456K - $484K

Est. Value

2248 Corsico Ct, Los Banos, CA 93635

3 beds · 2 baths · 1,928 sq ft · Last Sold: $255,000 in 2003 · Built: 2003

$518K - $557K

Est. Value

1837 Walter Dr, Los Banos, CA 93635

4 beds · 2 baths · 1,846 sq ft · Last Sold: $115,000 in 2009 · Built: 1999

$382K - $405K