NOT LISTED FOR SALE

1201 Merced Ave Merced, CA 95341

Southeast Merced Neighborhood
2 Beds
2 Baths
1,200 Sq Ft
6,416 Sq Ft Lot

Last Sold January 03, 2022

Last sale price $255,000 $212 Per Sq Ft

19 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Laundry Room
  • Corner Lot
  • Neighborhood Views
  • Central Heating and Cooling System

About This Home

As of January 2022

EXCELLENT INVESTMENT OPORTUNITY! In an area with a shortage of rental housing, here is your chance for AFFORDABLE investment property in a city that is on the rise. Home to the continually growing UC Merced. Own this duplex and you can also purchase the duplex next door (separately mls mc21198162) to boast your investment portfolio. These units are charming from the outside and offer one bedroom and one bathroom with a living room, kitchen, single car garage and a fenced backyard. Units have been partially updated. Comp roof approximately 6 years old, Central heat and air conditioning, wood laminate flooring in bedrooms and living rooms.

Last Agent to Sell the Property

Stephanie Jackson

Christopher Cuttone License #01292436 Listed on: 09/08/2021

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,416 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Wood Fence
  • Corner Lot

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Ranch Style House
  • Property Attached
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Family Room
  • Neighborhood Views

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 035103011000
  • $158 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Water Sewer Expense $146
  • Operating Expense $146
  • Gross Income $1,260
  • Net Operating Income $1,114

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 146.39
  • Zoning: R-1-6
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Parcel Number: 035103011000
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Laminate, Vinyl
  • Levels: One
  • Price Per Square Foot: 212.50
  • Room Type: Family Room

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6416.00
  • Lot Size Acres: 0.1473

Multi Family

  • Gross Income: 1260.00
  • Gross Operating Income: 1260.00
  • Gross Scheduled Income: 1260.00
  • Lot Size Area: 6416.0000 Square Feet
  • Net Operating Income: 1113.61
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 146.39
  • Rent Control: No
  • Total Expenses: 146.39

Tax Info

  • Tax Census Tract: 17.00
  • Tax Lot: 32
  • TaxOtherAnnualAssessmentAmount: 158.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2022 01/03/22 Sold $255,000 0.0% $213 / Sq Ft
09/27/2021 09/27/21 Off Market $255,000 -- --
09/27/2021 09/27/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $260,000 -- $217 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Stephanie Jackson

    Seller's Agent in 2022

    Stephanie Jackson

    Christopher Cuttone

    (209) 261-4062

    1 in this area

    12 Total Sales

    Stephanie Jackson
    Section Image

  • N

    Buyer's Agent in 2022

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    2 in this area

    6,179 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC21198172

California Regional Multiple Listing Service (CRMLS)

APN: 035-103-011

California Merced County Merced 95341 Southeast Merced

1201 Merced Ave, Merced, CA

Not Listed for Sale

MultiFamily

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