Seller's Agent in 2024
Eric Jaurique-Pouncey
BHGRE Everything Real Estate
(209) 383-7653
3 in this area
43 Total Sales
1206 U St Merced, CA 95341
South Merced Neighborhood
6
Beds
4
Baths
2,088
Sq Ft
7,500
Sq Ft Lot
Highlights
- Laundry Room
- Central Heating and Cooling System
- 1-Story Property
About This Home
As of November 2024Are you searching for your next great multifamily investment in Merced? Look no further. This well-maintained four-unit property offers tremendous potential for a fantastic possibility. Conveniently tucked away, this property has consistently attracted excellent tenants, including several long-term residents. With the opportunity to increase rents, this investment offers a strong potential cap rate. Call me for more information today!
Last Agent to Sell the Property
BHGRE Everything Real Estate Brokerage Phone: 209-769-3934 License #02154006 Listed on: 08/01/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 7,500 Sq Ft Lot
- Two or More Common Walls
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,088 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 9 / 260
- Assessor Parcel Number 031281008000
- $114 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Insurance Expense $2,714
- Maintenance Expense $1,682
- Other Expense $1,293
- Professional Management Expense $2,404
- Water Sewer Expense $4,555
- Operating Expense $12,650
- Gross Income $30,060
- Net Operating Income $17,410
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
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/26/2024 11/26/24 | Sold | $458,000 | -8.4% | $219 / Sq Ft |
| 10/27/2024 10/27/24 | Pending | -- | -- | -- |
| 09/30/2024 09/30/24 | Price Changed | $500,000 | -4.8% | $239 / Sq Ft |
| 08/01/2024 08/01/24 | For Sale | $525,000 | -- | $251 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $1,299 | $458,000 | $95,000 | $363,000 |
| 2024 | $1,299 | $119,041 | $7,622 | $111,419 |
| 2023 | $1,281 | $116,708 | $7,473 | $109,235 |
| 2022 | $1,263 | $114,421 | $7,327 | $107,094 |
| 2021 | $1,261 | $112,179 | $7,184 | $104,995 |
| 2020 | $1,269 | $111,030 | $7,111 | $103,919 |
| 2019 | $1,250 | $108,854 | $6,972 | $101,882 |
| 2018 | $1,140 | $106,721 | $6,836 | $99,885 |
| 2017 | $1,183 | $104,629 | $6,702 | $97,927 |
| 2016 | $1,165 | $102,578 | $6,571 | $96,007 |
| 2015 | $1,147 | $101,038 | $6,473 | $94,565 |
| 2014 | $1,122 | $99,060 | $6,347 | $92,713 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Jaurique-Pouncey
-
Jose Cibrian
Buyer's Agent in 2024
Jose Cibrian
Exit Realty Consultants
(209) 658-9116
4 in this area
97 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MC24158649
APN: 031-281-008
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.
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
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