NOT LISTED FOR SALE
3 Beds
2 Baths
1,600 Sq Ft
7,405 Sq Ft Lot

Last Sold April 25, 2018

Last sale price $225,000 $141 Per Sq Ft

73 Days on Market

Highlights

  • Balcony
  • Enclosed Patio or Porch
  • Security Service
  • Enclosed Parking
  • Security Gate
  • Laundry Room

About This Home

As of April 2018

Solid loans or cash only-Updated to ALL 2017 building codes- Positive Cash Flow, newly renovated, duplex, zero maintenance & ready for tenants or owner occupied. Zoned R-3, ready to build another unit on this large lot over 7400 sqft. This property has separate meters, separate addresses, fire prevention wall between units, fire sprinklers & it's vacant that makes this duplex one of kind. Near UC Merced (CatTracks bus stop is 2 blocks away), New UC Ext, Police dept, freeway, shopping and dining. Permits on file- this duplex has NEW: plumbing, electrical, bathrooms, kitchens, appliances, roof, paint, maintenance free landscaping. #121 has 2bd/1ba w/ fireplace, laundry room and private courtyard with 2 exits. #123 has 1bd/1ba with a large bedroom and an eat in kitchen. Both units have w/d hookups and can have separate outdoor living spaces with private secure parking with alley access. This duplex is a must see and instant $$ maker. UC Merced to add 7,000 students by 2020!!!

Last Agent to Sell the Property

Tanya Michelle Williams

One World Estates License #01717085 Listed on: 01/04/2018

Last Buyer's Agent

Teresa Kleinen

BHG R.E. Everything R.E. License #01961434

Property Details

Home Type

  • Multi-Family

Year Built

  • 1956

Lot Details

  • 7,405 Sq Ft Lot
  • Security Fence
  • Drought Tolerant Landscaping
  • Back Yard

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Security Lights
  • Security Gate

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Enclosed Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Community Sewer or Septic

Listing and Financial Details

  • Total Actual Rent $19,200

Community Details

Overview

Building Details

  • Insurance Expense $500
  • Utility Expense $1,000
  • Trash Expense $1,000
  • Operating Expense $3,700
  • Gross Income $18,241

Additional Features

  • Courtyard
  • Security Service

Property Details

Home Type

Multi-Family

Year Built

1956

Lot Details

0

Listing Details

  • Zoning: R-3-1.5
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1956

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Dishwasher, Exhaust Fan, Garbage Disposal, Oven - Electric
  • Living Sq Ft: 1600
  • Stories: 1
  • Security: Security Fence, Security Lights, Security Service
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Sealed Crawlspace
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Courtyard, Drought Tolerant Plants, Fenced, Porch - Enclosed

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Enclosed, Parking Area, Room For Oversized Vehicle
  • Carport Min: 4

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Community Sewer / Septic

Association/Amenities

  • Amenities Miscellaneous: Security Gate

Schools

  • High School: 30892

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7405.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7405.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 11.93

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 500
  • Expenses Total: 3700
  • Expenses Utility: 1000
  • Expense Trash: 1000
  • Income Annual Gross: 18241.00
  • Income Annual Rental: 19200
  • Income Gross Scheduled: 19201
  • Income Includes: Improvements, Rents
  • Income Other: 1
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric
  • Vacancy Factor: 5
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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
04/25/2018 04/25/18 Sold $225,000 -1.7% $141 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
02/28/2018 02/28/18 Price Changed $228,999 -3.2% $143 / Sq Ft
01/04/2018 01/04/18 For Sale $236,500 -- $148 / Sq Ft
Source: MLSListings

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 $2,696 $256,007 $45,510 $210,497
2024 $2,696 $250,988 $44,618 $206,370
2023 $2,658 $246,068 $43,744 $202,324
2022 $2,623 $241,244 $42,887 $198,357
2021 $2,617 $236,515 $42,047 $194,468
2020 $2,637 $234,090 $41,616 $192,474
2019 $2,598 $229,500 $40,800 $188,700
2018 $1,743 $165,300 $45,900 $119,400
2017 $1,286 $115,000 $45,000 $70,000
2016 $983 $94,405 $26,970 $67,435
2015 $967 $92,988 $26,565 $66,423
2014 $944 $91,167 $26,045 $65,122
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81690007

MLSListings
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