NOT LISTED FOR SALE
6 Beds
4 Baths
1,622 Sq Ft
7,501 Sq Ft Lot

Last Sold November 03, 2022

Last sale price $365,000 $225 Per Sq Ft

72 Days on Market

Highlights

  • Corner Lot
  • Double Pane Windows
  • Tile Countertops
  • Private Yard
  • Evaporated cooling system
  • Living Room

About This Home

As of November 2022

Great rental investment opportunity to own this duplex in the growing city of Merced. Opportunity to rent both units or live in one unit and generate income on the second unit. Both units are 3 bedrooms, 2 bathrooms with indoor laundry on corner lot. One unit has extra space for parking area. Duplex had windows updated to dual pane and new comp shingle roof approximately 10 years ago. Property is being Sold As Is with some deferred maintenance repairs needed. This home is near elementary and middle schools, parks and freeway.

Last Agent to Sell the Property

Donna Castillo

Realty Executives Of Northern California License #02157744 Listed on: 05/06/2022

Realty Executives Of Northern California

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,501 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Front Yard Sprinklers
  • Private Yard
  • Back and Front Yard

Home Design

  • Property Attached
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,622 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room

Kitchen

  • Tile Countertops
  • Laminate Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Converted Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Outdoor Features

  • Rain Gutters

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 1 / 419
  • Assessor Parcel Number 032281012000
  • $169 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,302
  • Trash Expense $80
  • Water Sewer Expense $200
  • Operating Expense $1,582
  • Gross Income $18,300
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 200.00
  • Zoning: R-1-6
  • Property Type: Residential Income
  • Parcel Number: 032281012000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Laminate Counters, Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 225.03
  • Room Type: Converted Bedroom, Kitchen, Laundry, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 80.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1722

Multi Family

  • Gross Income: 18300.00
  • Gross Scheduled Income: 18300.00
  • Insurance Expense: 1302.00
  • Lot Size Area: 7501.0000 Square Feet
  • Net Operating Income: 15600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2700.00
  • Rent Control: No
  • Total Expenses: 1582.00

Tax Info

  • Tax Block: 419
  • Tax Census Tract: 15.03
  • Tax Lot: 1
  • TaxOtherAnnualAssessmentAmount: 169.00

Range of Values:

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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
11/03/2022 11/03/22 Sold $365,000 +1.4% $225 / Sq Ft
07/27/2022 07/27/22 For Sale $360,000 0.0% $222 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/11/2022 07/11/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $360,000 0.0% $222 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $360,000 +166.7% $222 / Sq Ft
09/19/2013 09/19/13 Sold $135,000 0.0% $166 / Sq Ft View Prior Sale
07/31/2013 07/31/13 Pending -- -- --
06/21/2013 06/21/13 For Sale $135,000 -- $166 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC22088498

California Regional Multiple Listing Service (CRMLS)

APN: 032-281-012