NOT LISTED FOR SALE
8 Beds
4 Baths
3,000 Sq Ft
7,501 Sq Ft Lot

Sale Details

Date Sold: December 28, 2015

Last sale price $212,000 $71 Per Sq Ft

22 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Evaporated cooling system

About This Home

As of December 2015

Great investment opportunity with this 4-plex for those wanting a steady income stream. Three units have been upgraded with granite counter tops in the kitchen and new vanities in the bathrooms. All units are 2 bedroom, 1 bath with approximately 750 square feet. Currently three out of the four units are rented. There are onsite storage lockers for each unit and onsite laundry coin-operated machines. Property is located close to the park.

Last Agent to Sell the Property

Kyle Allen

London Properties Ltd - Merced License #01413347 Listed on: 09/22/2015

Co-Listed By

Scott Messing

Century 21 Select Real Estate License #01883959

Last Buyer's Agent

Non-Member (Merced)

Merced Non-Member

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 7,501 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • 3,000 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Uncovered Parking

Utilities

  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 031324006000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $2,400
  • Water Sewer Expense $2,400
  • New Taxes Expense $1,200
  • Gross Income $2,415
  • Net Operating Income $21,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

7,501 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 031324006000
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 70.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site, Uncovered
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 2400.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7501.00
  • Price Per Lot Square Foot: 28.26
  • Lot Size Acres: 0.1720

Multi Family

  • Average2 Bed Area: 750
  • Gross Income: 2415.00
  • Gross Scheduled Income: 28980.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7501.0000 Square Feet
  • Net Operating Income: 21780.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 7200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1200.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
12/28/2015 12/28/15 Sold $212,000 -11.6% $71 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $239,900 -- $80 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,654 $250,701 $53,268 $197,433
2024 $2,654 $245,814 $52,224 $193,590
2023 $2,617 $241,022 $51,200 $189,822
2022 $2,583 $236,325 $50,197 $186,128
2021 $2,577 $231,719 $49,213 $182,506
2020 $2,597 $229,358 $48,709 $180,649
2019 $2,560 $225,029 $47,754 $177,275
2018 $2,335 $220,508 $46,818 $173,690
2017 $2,423 $216,212 $45,900 $170,312
2016 $2,386 $212,000 $45,000 $167,000
2015 $1,201 $105,909 $15,676 $90,233
2014 $1,176 $103,862 $15,369 $88,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC15209723

California Regional Multiple Listing Service (CRMLS)

APN: 031-324-006

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