NOT LISTED FOR SALE
8 Beds
4 Baths
3,060 Sq Ft
7,501 Sq Ft Lot

Last Sold July 16, 2021

Last sale price $425,000 $139 Per Sq Ft

6 Days on Market

Highlights

  • Neighborhood Views
  • Central Heating and Cooling System
  • Carpet
  • Outdoor Storage
  • Redwood Fence
  • 1-Story Property

About This Home

As of July 2021

Investment opportunity! This 4 unit complex consists of 2 bedrooms/ 1 bathroom each. Hurry! This opportunity will not last.

Last Agent to Sell the Property

Celestino Silva

BHHS Drysdale Properties, Merced License #01357806 Listed on: 06/08/2021

BHHS Drysdale Properties, Merced

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 7,501 Sq Ft Lot
  • Two or More Common Walls
  • Redwood Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,060 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Neighborhood Views

Kitchen

  • Gas and Electric Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Kitchen
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / 268
  • Assessor Parcel Number 031282016000

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,536
  • Other Expense $148
  • Pest Control $660
  • Water Sewer Expense $3,831
  • New Taxes Expense $1,345
  • Operating Expense $9,858
  • Gross Income $22,000
  • Net Operating Income $12,142

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

7,501 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 3831.00
  • Zoning: R-3-1.5
  • Property Type: Residential Income
  • Parcel Number: 031282016000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Laminate Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 138.89
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • Other Structures: Storage
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Redwood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street, Parking Space

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas & Electric Range
  • Electric: 220 Volts in Kitchen
  • Heating Type: Central
  • Pest Control Expense: 660.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1722

Multi Family

  • Gross Income: 22000.00
  • Gross Operating Income: 9858.00
  • Gross Scheduled Income: 22000.00
  • Insurance Expense: 2536.00
  • Lot Size Area: 7501.0000 Square Feet
  • Net Operating Income: 12142.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 9858.00
  • Other Expense: 148.00
  • Other Expense Description: fire inp
  • Rent Control: Yes
  • Total Expenses: 9858.00

Tax Info

  • New Taxes Expense: 1345.00
  • Tax Block: 268
  • Tax Census Tract: 15.02
  • Tax Lot: 12
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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 Prior Sale
07/16/2021 07/16/21 Sold $425,000 +9.3% $139 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $389,000 +79.7% $127 / Sq Ft
12/05/2014 12/05/14 Sold $216,500 -1.5% $71 / Sq Ft View Prior Sale
10/12/2014 10/12/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $219,750 -- $72 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,764 $452,412 $74,284 $378,128
2024 $4,764 $443,570 $72,828 $370,742
2023 $4,700 $435,040 $71,400 $363,640
2022 $4,637 $426,400 $70,000 $356,400
2021 $2,670 $240,225 $33,307 $206,918
2020 $2,690 $237,777 $32,966 $204,811
2019 $2,651 $233,143 $32,320 $200,823
2018 $2,420 $228,600 $31,687 $196,913
2017 $2,511 $224,146 $31,066 $193,080
2016 $2,473 $219,779 $30,457 $189,322
2015 $2,434 $216,500 $30,000 $186,500
2014 $1,252 $110,700 $20,902 $89,798
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC21123961

California Regional Multiple Listing Service (CRMLS)

APN: 031-282-016

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