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

Sale Details

Date 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

7,405 Sq Ft Lot

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
0.0265%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 4, 2018
Closed on
Apr 19, 2018
Sold by
Bought by
Seller's Agent
Tanya Michelle Williams
One World Estates
Buyer's Agent
Teresa Kleinen
BHG R.E. Everything R.E.
List Price
$236,500
Sold Price
$225,000
Premium/Discount to List
-$11,500
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
0.0444%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2016
Sold by
Bought by

Purchase Details

Closed on
May 8, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
-- Transcounty Title Company
$225,000 Old Republic Title Company
$115,000 First American Title Company
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $170,000
Closed $168,750
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
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

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 $2,696 $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

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81690007

MLSListings
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