Seller's Agent in 2018
David Maclachlan
First 1st Choice Realty Group
(209) 723-5628
6 in this area
59 Total Sales
1220 Martin Luther King jr Way Merced, CA 95341
South Merced Neighborhood
0.26
Acre
$406,977
Price per Acre
11,238
Sq Ft Lot
About This Lot
As of May 2018Commercial property, great opportunity, high traffic area, close to freeway. This one won't last! Seller willing to carry note. Buyer to Verify Property use.
Last Agent to Sell the Property
Realty Executives of Northern California License #01485855 Listed on: 07/25/2013
Last Buyer's Agent
Realty Executives of Northern California License #01485855 Listed on: 07/25/2013
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,230
Lot Details
- 0.26 Acre Lot
- Possible uses of the property include Commercial
- Property is zoned Commercial, Commercial
Utilities
- No Utilities
- Water Not Available
- Sewer Not Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 031-333-009-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2017
Closed on
Apr 12, 2018
Sold by
Perez Kelly James P and Perez Kelly Araceli
Bought by
Hba Enterprises Inc
Seller's Agent
David Maclachlan
First 1st Choice Realty Group
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,387
Avg. Annual Appreciation
7.11%
Purchase Details
Listed on
Jul 25, 2013
Closed on
Jun 20, 2014
Sold by
Barase Akram and Barase Salma
Bought by
Perez Kelly James P and Perez Kelly Araceli
Seller's Agent
Salim Farha
Realty Executives of Northern California
Buyer's Agent
Salim Farha
Realty Executives of Northern California
List Price
$150,000
Sold Price
$105,000
Premium/Discount to List
-$45,000
-30%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.16%
Original Mortgage
$50,000
Interest Rate
4.07%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 25, 2004
Sold by
Ultramar Inc
Bought by
Barase Akram and Barase Salma
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
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $185,000 | First American Title Company | |
| Grant Deed | $105,000 | Transcounty Title Company | |
| Grant Deed | -- | Ch Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2018 05/01/18 | Sold | $185,000 | -7.5% | -- |
| 07/20/2017 07/20/17 | For Sale | $199,900 | +90.4% | -- |
| 07/21/2014 07/21/14 | Sold | $105,000 | -30.0% | -- |
| 06/16/2014 06/16/14 | Pending | -- | -- | -- |
| 07/25/2013 07/25/13 | For Sale | $150,000 | -- | -- |
Source: MetroList
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 | $2,230 | $210,497 | $210,497 | -- |
| 2024 | $2,230 | $206,370 | $206,370 | -- |
| 2023 | $2,199 | $202,324 | $202,324 | $0 |
| 2022 | $2,169 | $198,357 | $198,357 | -- |
| 2021 | $2,165 | $194,468 | $194,468 | $0 |
| 2020 | $2,181 | $192,474 | $192,474 | $0 |
| 2019 | $2,150 | $188,700 | $188,700 | $0 |
| 2018 | $1,184 | $110,907 | $110,907 | $0 |
| 2017 | $1,229 | $108,733 | $108,733 | $0 |
| 2016 | $1,210 | $106,601 | $106,601 | $0 |
| 2015 | $1,191 | $105,000 | $105,000 | $0 |
| 2014 | $969 | $85,278 | $85,278 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Maclachlan
-
NoEmail NoEmail
N
Buyer's Agent in 2018
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
8 in this area
5,927 Total Sales
-
Salim Farha
Seller's Agent in 2014
Salim Farha
Realty Executives
(209) 658-8918
2 in this area
37 Total Sales
Map
Source: MetroList
MLS Number: 13043652
APN: 031-333-009
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