Seller's Agent in 2025
Randy Hayer
SVN Executive Commercial Advisors
(209) 765-3767
14 in this area
268 Total Sales
1347 W 16th St Merced, CA 95340
Downtown Merced Neighborhood
0.69
Acre
$947,936
Price per Acre
29,869
Sq Ft Lot
Highlights
- 0.69 Acre Lot
- No HOA
- Rectangular Lot
About This Lot
As of August 2025Oversized Commercial lot located in a Prime location in Merced! Located on a major road the 29,000 sq ft lot has unbelievable potential to build your own commercial property. Potential to be a custom hotel, apartments, and other outstanding possibilities in a high-traffic area with easy access to Highway 99 and only 8 miles from UC Merced. Check it out before it’s gone!
Last Agent to Sell the Property
SVN Executive Commercial Advisors Brokerage Phone: 209-765-3767 License #01251542 Listed on: 09/05/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,179
Lot Details
- 0.69 Acre Lot
- Rectangular Lot
- Density is up to 1 Unit/Acre
- Property is zoned C-T
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 4 / 506
- Assessor Parcel Number 031102007000
- $1,102 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 14, 2022
Sold by
Mark Adams
Bought by
Motel Siesta Investments Llc
Purchase Details
Closed on
Feb 10, 2022
Sold by
Mark Adams
Bought by
Motel Siesta Investments Llc
Purchase Details
Closed on
Dec 2, 2016
Sold by
Mehta & Associates
Bought by
Omkar Merced Llc
Purchase Details
Closed on
Jul 15, 2014
Sold by
Gandhi Pravinkumar R and Gandhi Madhukanta P
Bought by
Mehta & Associates
Purchase Details
Closed on
Jul 23, 2002
Sold by
Patel Dahyabhai D and Patel Gangaben D
Bought by
Gandhi Pravinkumar R and Gandhi Madhukanta P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,687
Interest Rate
6.7%
Mortgage Type
Seller Take Back
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 | $300,000 | New Title Company Name | |
| Grant Deed | $300,000 | New Title Company Name | |
| Grant Deed | $60,000 | None Available | |
| Trustee Deed | $143,393 | Chicago Title Company | |
| Grant Deed | $685,000 | Fidelity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Previous Owner | $25,000 | Commercial | |
| Previous Owner | $75,000 | Commercial | |
| Previous Owner | $120,000 | Commercial | |
| Previous Owner | $600,000 | Commercial | |
| Previous Owner | $0 | Credit Line Revolving | |
| Previous Owner | $235,687 | Seller Take Back | |
| Previous Owner | $235,687 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2025 08/31/25 | Sold | $650,000 | -9.1% | -- |
| 03/04/2025 03/04/25 | Pending | -- | -- | -- |
| 12/24/2024 12/24/24 | Price Changed | $715,000 | -4.5% | -- |
| 09/05/2024 09/05/24 | For Sale | $749,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $6,179 | $546,522 | $546,522 | -- |
| 2024 | $6,179 | $535,806 | $535,806 | -- |
| 2023 | $6,099 | $525,300 | $525,300 | $0 |
| 2022 | $9,036 | $793,392 | $328,093 | $465,299 |
| 2021 | $8,960 | $772,615 | $321,660 | $450,955 |
| 2020 | $9,097 | $770,719 | $318,362 | $452,357 |
| 2019 | $8,975 | $756,175 | $312,120 | $444,055 |
| 2018 | $8,233 | $741,916 | $306,000 | $435,916 |
| 2017 | $8,536 | $727,936 | $300,000 | $427,936 |
| 2016 | $8,284 | $702,464 | $243,660 | $458,804 |
| 2015 | $9,364 | $692,018 | $240,000 | $452,018 |
| 2014 | $10,414 | $792,061 | $295,369 | $496,692 |
Source: Public Records
Agents Affiliated with this Home
-
Randy Hayer
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MC24184807
APN: 031-102-007
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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