2054 Drake Ave
Merced, CA 95348
3 bd 2 ba 1,379 sqft Built 1966 Lot 7,288 sqft single_family
Most recent sale
$267,500
Sep 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 22, 2022 | Sold | $267,500 | MLS #MC22154109 |
| Jul 15, 2022 | Listed | $265,000 | MLS #MC22154109 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $271,544 | $78,030 | $349,574 | $3,922 |
| 2024 | $271,544 | $78,030 | $349,574 | $3,711 |
| 2023 | $192,500 | $75,000 | $267,500 | $2,924 |
| 2022 | $40,749 | $6,904 | $47,653 | $489 |
| 2021 | $39,950 | $6,769 | $46,719 | $487 |
| 2020 | $39,541 | $6,700 | $46,241 | $488 |
| 2019 | $38,766 | $6,569 | $45,335 | $479 |
| 2018 | $38,006 | $6,441 | $44,447 | $438 |
| 2017 | $37,261 | $6,315 | $43,576 | $451 |
| 2016 | $36,531 | $6,192 | $42,723 | $444 |
| 2015 | $35,983 | $6,099 | $42,082 | $436 |
| 2014 | $35,279 | $5,980 | $41,259 | $426 |
| 2013 | $35,120 | $5,953 | $41,073 | $415 |
| 2012 | $34,432 | $5,837 | $40,269 | $408 |
| 2010 | $33,505 | $5,681 | $39,186 | $396 |
| 2009 | $33,584 | $5,694 | $39,278 | $384 |
| 2008 | $32,926 | $5,583 | $38,509 | $373 |
| 2007 | $32,281 | $5,474 | $37,755 | $367 |
Property facts
Year built
1966
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,379 sqft
Lot size
7,288 sqft
ZIP code
95348
City
Merced
Street
Drake Ave
Coordinates
37.31800, -120.52348
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,605
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2054 Drake Ave last sell?
2054 Drake Ave most recently sold on Sep 22, 2022 for $267,500.
What is the current tax assessment for 2054 Drake Ave?
The most recent total assessment for 2054 Drake Ave (year 2025) is $349,574 with $3,922 in property tax.
How does 2054 Drake Ave's assessment compare to its last sale price?
The current assessment is 30.7% above the last sale price of $267,500.
When was 2054 Drake Ave built?
2054 Drake Ave was built in 1966.
How does 2054 Drake Ave compare to others on Drake Ave?
We track 8 other properties on Drake Ave. Browse the list under "Other properties on Drake Ave" to compare beds, baths, and sale history.
What are the property facts for 2054 Drake Ave?
2054 Drake Ave is a 3 bed, 2 bath, 1,379 sqft, 7,288 sqft lot single_family.
Is 2054 Drake Ave a flip candidate?
No — 2054 Drake Ave does not appear in our flips dataset.
Is 2054 Drake Ave a tax-appeal candidate?
Yes — 2054 Drake Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.6%
2026 Q3
$415.4K
2026 Q4
$413.6K
ZIP 95348 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Drake Ave