NOT LISTED FOR SALE

106 W 18th St Merced, CA 95340

Downtown Merced Neighborhood
3 Beds
2 Baths
1,800 Sq Ft
7,501 Sq Ft Lot

Last Sold May 11, 2022

Last sale price $400,000 $222 Per Sq Ft

4 Days on Market

Highlights

  • Corner Lot
  • Ductless Heating Or Cooling System
  • Floor Furnace
  • No HOA
  • Laundry Room
  • Carpet

About This Home

As of May 2022

Great investment property located in downtown Merced. This property has a house with 2 bedrooms and 1 bathroom along with what could be a separate unit upstairs that has its own kitchen, bedroom, bathroom and entrance. Above the two car garage is a separate 1 bedroom apartment with it's own mailing address. You could live in the house and rent out the two other units to help with the mortgage or rent all three!

Last Agent to Sell the Property

Teri Kleinen

BHGRE Everything Real Estate License #01961434 Listed on: 04/07/2022

BHGRE Everything Real Estate

Last Buyer's Agent

Salvador Andrade

HomeSmart PV and Associates License #01840026

HomeSmart PV and Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 7,501 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Urban Location

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 1 / 159
  • Assessor Parcel Number 031161008000
  • $86 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,981
  • Pest Control $216
  • Trash Expense $592
  • Water Sewer Expense $2,000
  • Operating Expense $3,213
  • Gross Income $24,000
  • Net Operating Income $20,787

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 133167
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 2000.00
  • Zoning: R-4
  • Property Type: Residential Income
  • Parcel Number: 031161008000
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Levels: Two
  • Price Per Square Foot: 222.22

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Ductless, Floor Furnace
  • Laundry Features: Individual Room
  • Pest Control Expense: 216.00
  • Sewer: Public Sewer
  • Trash Expense: 592.00
  • Water Source: Public
  • Cooling: Ductless, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 400 Square Feet
  • Average2 Bed Area: 1000 Square Feet
  • Gross Income: 24000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 1980.80
  • Lot Size Area: 7501.0000 Square Feet
  • Net Operating Income: 20787.14
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 3212.86
  • Rent Control: No
  • Total Expenses: 3212.58

Tax Info

  • Tax Block: 159
  • Tax Census Tract: 13.02
  • Tax Lot: 1
  • TaxOtherAnnualAssessmentAmount: 86.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $400,000 +0.1% $222 / Sq Ft
04/07/2022 04/07/22 For Sale $399,500 -- $222 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Teri Kleinen

    Seller's Agent in 2022

    Teri Kleinen

    BHGRE Everything Real Estate

    (209) 261-4509

    16 in this area

    169 Total Sales

    Teri Kleinen
    Section Image

  • S

    Buyer's Agent in 2022

    Salvador Andrade

    HomeSmart PV and Associates

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC22069625

California Regional Multiple Listing Service (CRMLS)

APN: 031-161-008

California Merced County Merced 95340 Downtown Merced

106 W 18th St, Merced, CA

This home is located at 106 W 18th St, Merced, CA 95340 since 07 April 2022. This property was built in 1941. 106 W 18th St is a home located in Merced County with nearby schools including John Muir Elementary School, Herbert Hoover Middle School, and Merced High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes