NOT LISTED FOR SALE

1306 Elm Ave Atwater, CA 95301

2 Beds
1 Bath
642 Sq Ft
0.28 Acres

Last Sold July 26, 2023

Last sale price $335,000 $522 Per Sq Ft

13 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 3-minute walk to Ralston Park

About This Home

As of July 2023

Wow, what an incredible opportunity! Imagine owning not just one, but three homes on a single lot. This remarkable property allows you to enjoy the benefits of living in one unit while generating rental income from the others or generate income with all 3 units. The first two units feature spacious layouts with two bedrooms and one bathroom. The third unit is a cozy studio home. Situated on an expansive 12,236 square foot lot, there is plenty of room for outdoor activities,gardening, and/or future development.The property is zoned R-3/2.5, providing potential for various uses (buyer to conduct due diligence for specific details). Location-wise, this gem is conveniently located within blocks of Ralston Park, Merced County Library, restaurants, and the vibrant Downtown area. Whether you want to enjoy recreational activities or explore the lively atmosphere of the city, everything is just a few blocks away. Don't miss out on this exceptional opportunity to own a unique property with multiple income streams and incredible potential. The first home is a 1175 sq ft, 2 bedroom, 1 bath that has been fully refurbished but still has vintage charm with built-ins, wainscot, and 5 panel doors. Vinyl floors have been installed in the kitchen, bath, and laundry. There is new carpet in living r

Last Agent to Sell the Property

Alifonso Mendoza

Keller Williams Merced License #01760709 Listed on: 06/20/2023

Keller Williams Merced

Last Buyer's Agent

Alifonso Mendoza

Keller Williams Merced License #01760709 Listed on: 06/20/2023

Keller Williams Merced

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 0.28 Acre Lot

Home Design

  • Triplex
  • Raised Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Linoleum Flooring
  • Carbon Monoxide Detectors
  • Laundry in unit

Utilities

  • Window Unit Cooling System
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 002-192-018

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • 2 Vacant Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Triplex
  • Stories: 1
  • Year Built: 1919
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Linoleum
  • Price Per Square Foot: 167.50

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Raised
  • Listing Price: 375000.00
  • Lot Features: Shape Regular

Garage/Parking

  • Parking Features: None

Utilities

  • Security: Carbon Mon Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Window Unit(s)
  • Heating: None
  • Laundry Features: In Each Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R-3 2.5
  • Irrigation: None
  • Lot Size Acres: 0.2809
  • Lot Size Sq Ft: 12236.00

Rental Info

  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 3
  • Number of Vacant Units: 2

Tax Info

  • Assessor Parcel Number: 002-192-018
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

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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Average Value
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List Price
Sold Price
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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
07/26/2023 07/26/23 Sold $335,000 -10.7% $522 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $375,000 -- $584 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

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 $3,622 $342,600 $96,900 $245,700
2024 $3,622 $335,900 $95,000 $240,900
2023 $1,234 $113,317 $45,530 $67,787
2022 $1,220 $111,114 $44,638 $66,476
2021 $1,222 $108,954 $43,763 $65,191
2020 $1,207 $107,847 $43,315 $64,532
2019 $1,153 $105,751 $42,466 $63,285
2018 $1,124 $103,696 $41,634 $62,062
2017 $1,110 $101,681 $40,818 $60,863
2016 $1,093 $99,706 $40,018 $59,688
2015 $1,080 $98,222 $39,417 $58,805
2014 $1,055 $96,316 $38,645 $57,671
Source: Public Records

Agents Affiliated with this Home

  • Alifonso Mendoza

    Seller's Agent in 2023

    Alifonso Mendoza

    Keller Williams Merced

    (209) 676-1819

    67 in this area

    283 Total Sales

    Alifonso Mendoza
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Map

Source: MetroList

MLS Number: 223057005

MetroList

APN: 002-192-018

California Merced County Atwater 95301

1306 Elm Ave, Atwater, CA

Not Listed for Sale

MultiFamily

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