NOT LISTED FOR SALE
12 Beds
1 Bath
3,552 Sq Ft
10,794 Sq Ft Lot

Last Sold November 21, 2022

Last sale price $400,000 $113 Per Sq Ft

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of November 2022

4 Unit Apartment Complex with long term tenants

Last Agent to Sell the Property

Don Taylor

London Properties Ltd - Merced License #01833912 Listed on: 04/01/2022

London Properties Ltd - Merced

Last Buyer's Agent

Don Taylor

London Properties Ltd - Merced License #01833912 Listed on: 04/01/2022

London Properties Ltd - Merced

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 10,794 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 12 Bedrooms
  • 3,552 Sq Ft Home
  • 1-Story Property
  • Gas Cooktop

Flooring

  • Carpet
  • Concrete
  • Tile

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1 / 531
  • Assessor Parcel Number 032072016000
  • $136 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,310
  • Trash Expense $800
  • Water Sewer Expense $1,600
  • New Taxes Expense $1,220
  • Operating Expense $4,930
  • Gross Income $38,680
  • Net Operating Income $33,750

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

10,794 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1600.00
  • Zoning: R-3-1.5
  • Property Type: Residential Income
  • Parcel Number: 032072016000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Concrete, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 112.61
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Cooktop
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 800.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10794.00
  • Lot Size Acres: 0.2478

Multi Family

  • Gross Income: 38680.00
  • Gross Scheduled Income: 38680.00
  • Insurance Expense: 1310.00
  • Lot Size Area: 10794.0000 Square Feet
  • Net Operating Income: 33750.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 4930.00
  • Rent Control: No
  • Total Expenses: 4930.00

Tax Info

  • New Taxes Expense: 1220.00
  • Tax Block: 531
  • Tax Census Tract: 16.01
  • Tax Lot: 1
  • TaxOtherAnnualAssessmentAmount: 136.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $400,000 0.0% $113 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $400,000 -- $113 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,385 $416,135 $88,434 $327,701
2024 $4,385 $407,988 $86,700 $321,288
2023 $4,324 $400,000 $85,000 $315,000
2022 $1,222 $110,553 $30,178 $80,375
2021 $1,220 $108,400 $29,587 $78,813
2020 $1,228 $107,297 $29,284 $78,013
2019 $1,209 $105,278 $28,710 $76,568
2018 $1,103 $103,160 $28,148 $75,012
2017 $1,144 $101,152 $27,597 $73,555
2016 $1,127 $99,183 $27,056 $72,127
2015 $1,110 $97,705 $26,650 $71,055
2014 $1,079 $95,215 $26,128 $69,087
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC22065479

California Regional Multiple Listing Service (CRMLS)

APN: 032-072-016

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