NOT LISTED FOR SALE

1226 W 1st St Merced, CA 95341

South Merced Neighborhood
6 Beds
3 Baths
2,205 Sq Ft
8,002 Sq Ft Lot

Last Sold November 17, 2015

Last sale price $132,000 $60 Per Sq Ft

31 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Tile Flooring
  • All Bedrooms Downstairs
  • Evaporated cooling system
  • 3 Detached Carport Spaces

About This Home

As of November 2015

Traditional Sale! Great investment opportunity. Well cared for TRIPLEX with long term tenants in good standing. Each unit currently rents for $520/month.

Last Agent to Sell the Property

Tanya Lixey

Homesmart PV & Associates License #01709085 Listed on: 09/12/2015

Homesmart PV & Associates

Last Buyer's Agent

Tanya Lixey

Homesmart PV & Associates License #01709085 Listed on: 09/12/2015

Homesmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,002 Sq Ft Lot
  • No Units Above
  • 1 Common Wall

Home Design

  • 2,205 Sq Ft Home
  • Property Attached
  • Slab Foundation
  • Composition Roof

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Detached Carport Spaces
  • Parking Available

Utilities

  • Evaporated cooling system
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 032285019000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Trash Expense $450
  • Water Sewer Expense $450
  • New Taxes Expense $800
  • Operating Expense $2,636
  • Gross Income $1,340
  • Net Operating Income $16,084

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 450.00
  • Property Type: Residential Income
  • Parcel Number: 032285019000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Carpet, Tile, Vinyl
  • Levels: One
  • Price Per Square Foot: 59.86
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 450.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 8002.00
  • Price Per Lot Square Foot: 16.50
  • Lot Size Acres: 0.1840

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average Studio Area: 735
  • Gross Income: 1340.00
  • Gross Scheduled Income: 18720.00
  • Insurance Expense: 500.00
  • Lot Size Area: 8002.0000 Square Feet
  • Maintenance Percent: 5.00
  • Net Operating Income: 16084.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 2636.00
  • Rent Control: No
  • Total Expenses: 2636.00

Tax Info

  • New Taxes Expense: 800.00

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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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
11/17/2015 11/17/15 Sold $132,000 +12.3% $60 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
09/12/2015 09/12/15 For Sale $117,500 -- $53 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Tanya Lixey

    Homesmart PV & Associates

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC15202291

California Regional Multiple Listing Service (CRMLS)

APN: 032-285-019

California Merced County Merced 95341 South Merced

1226 W 1st St, Merced, CA

Not Listed for Sale

MultiFamily

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