NOT LISTED FOR SALE

1194 E Alexander Ave Merced, CA 95340

North Merced Neighborhood

Estimated Value: $302,000 - $344,000

3 Beds
1 Bath
1,130 Sq Ft
$286/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $210,000 $186 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,896/month

59 Days on Market

Highlights

  • 0.64 Acre Lot
  • Laundry Room
  • 1-Story Property
  • No HOA
  • No Heating

About This Home

As of August 2019

Investor’s Dream! Over 1/2 acre property with one single-family home and potential for adding another home!! The current single family home has some improvements and would make a great owner occupied home or investment property. Home features three bedrooms, one bathroom, and over 1100 ft.² Newer laminate wood flooring, ceiling fans, and indoor laundry room. HUGE fenced yard and detached garage. Great income potential on this R-2 lot!

Last Agent to Sell the Property

Larissa Sherman

London Properties Ltd, Atwater License #01869953 Listed on: 06/07/2019

Last Buyer's Agent

Larissa Sherman

London Properties Ltd, Atwater License #01869953 Listed on: 06/07/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 0.64 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Interior Spaces

  • 1,130 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Utilities

  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 007113026000

Community Details

Overview

  • No Home Owners Association

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: R-1
  • Property Type: Residential Income
  • Parcel Number: 007113026000
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 185.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 27696.00
  • Lot Size Acres: 0.6358

Multi Family

  • Lot Size Area: 27696.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Rent Control: No

Tax Info

  • Tax Census Tract: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Aug 18, 2019
Sold by
Mcdaniel Kathy and Souza Roger
Bought by
Naylin Maung and Singh Anita H
Seller's Agent
Larissa Sherman
London Properties Ltd, Atwater
Buyer's Agent
Larissa Sherman
London Properties Ltd, Atwater
List Price
$249,900
Sold Price
$210,000
Premium/Discount to List
-$39,900
-15.97%
Current Estimated Value
$323,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,320
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
Apr 2, 1999
Sold by
Phillips Mary A Trustee
Bought by
Phillips Mary A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Naylin Maung $210,000 Transcounty Title Company
Phillips Mary A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2019 08/27/19 Sold $210,000 -16.0% $186 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $249,900 -- $221 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $2,422 $229,662 $103,895 $125,767
2024 $2,422 $225,159 $101,858 $123,301
2023 $2,389 $220,745 $99,861 $120,884
2022 $2,357 $216,417 $97,903 $118,514
2021 $2,351 $212,175 $95,984 $116,191
2020 $2,369 $210,000 $95,000 $115,000
2019 $266 $22,733 $7,848 $14,885
2018 $242 $22,289 $7,695 $14,594
2017 $251 $21,853 $7,545 $14,308
2016 $247 $21,426 $7,398 $14,028
2015 $243 $21,105 $7,287 $13,818
2014 $238 $20,693 $7,145 $13,548
Source: Public Records

Agents Affiliated with this Home

  • Larissa Sherman

    Seller's Agent in 2019

    Larissa Sherman

    London Properties Ltd, Atwater

    (209) 658-3260

    21 in this area

    148 Total Sales

    Larissa Sherman
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC19133126

California Regional Multiple Listing Service (CRMLS)

APN: 007-113-026

California Merced County Merced 95340 North Merced

1194 E Alexander Ave, Merced, CA

Not Listed for Sale

MultiFamily

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