NOT LISTED FOR SALE
4 Beds
2 Baths
1,888 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: May 17, 2018

Last sale price $187,000 $99 Per Sq Ft

36 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • 1-Story Property
  • Wood Flooring
  • Ceiling Fan

About This Home

As of May 2018

Wonderful High Cash Flow, Low Maintenance Residential Income Property. 1132 & 1134 G St. This single story duplex features an 2BR/1BA units with W/D Hookups, and attached 1-car garages both of which have been enclosed into Bonus Rooms. Property has been substantially improved in recent years. Very well maintained and tastefully updated both inside and out. Great rental property for seasoned, first-time investors, and owner-occupied buyers alike. With rents continuing to increase in the Merced Area, and UC Merced expecting to add up to 7,000 additional students to enrollment by 2020 there is a great opportunity to benefit from the tremendous upside.

Last Agent to Sell the Property

Troy Hinds

David Lyng Real Estate License #01803325 Listed on: 03/21/2018

David Lyng Real Estate

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Carpet

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $20,100

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Utility Expense $1,200
  • Trash Expense $720
  • Operating Expense $1,920
  • Gross Income $20,100

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R-3-1.5
  • Subclass: Duplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1888
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Living Sq Ft: 1888
  • Stories: 1
  • Flooring: Carpet, Hardwood

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6382.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6382.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 9.20
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expenses Total: 1920
  • Expenses Utility: 1200
  • Expense Trash: 720
  • Income Annual Gross: 20100.00
  • Income Annual Rental: 20100
  • Income Gross Scheduled: 20100
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$275,775
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 15, 2018
Sold by
Bought by
Seller's Agent
Troy Hinds
David Lyng Real Estate
Buyer's Agent
RECIP
Out of Area Office
List Price
$185,000
Sold Price
$187,000
Premium/Discount to List
$2,000
1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
5.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,388
Interest Rate
6.92%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$187,000 First American Title Company
$115,000 First American Title Company
$35,000 Fidelity National Title Co
$65,700 Accommodation
-- None Available
-- Fidelity National Title Co
$255,000 Fidelity Natl Title Co Of Ca
$230,000 Alliance Title Company
$167,500 Fidelity Title Company
$42,500 Transcounty Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $280,000
Previous Owner $130,000
Previous Owner $86,250
Previous Owner $292,000
Previous Owner $191,250
Previous Owner $170,000
Previous Owner $130,000
Previous Owner $21,388
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/17/2018 05/17/18 Sold $187,000 +1.1% $99 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $185,000 0.0% $98 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $185,000 -- $98 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,394 $213,719 $34,133 $179,586
2024 $2,265 $209,548 $33,464 $176,084
2023 $2,235 $205,553 $32,808 $172,745
2022 $2,204 $201,449 $32,165 $169,284
2021 $2,200 $197,519 $31,535 $165,984
2020 $2,216 $195,504 $31,212 $164,292
2019 $2,184 $191,690 $30,600 $161,090
2018 $1,331 $124,843 $26,932 $97,911
2017 $1,381 $122,414 $26,404 $96,010
2016 $1,360 $120,034 $25,887 $94,147
2015 $1,340 $118,342 $25,499 $92,843
2014 $436 $37,348 $15,676 $21,672
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81697373

MLSListings

APN: 035-032-023

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