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

Sale Details

Date Sold: November 3, 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

General NONMEMBER

NONMEMBER MRML

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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

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

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

7,501 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Oct 26, 2022
Sold by
Bought by
Seller's Agent
Donna Castillo
Realty Executives Of Northern California
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$360,000
Sold Price
$365,000
Premium/Discount to List
$5,000
1.39%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,248
Outstanding Balance
$314,475
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 21, 2013
Closed on
Sep 13, 2013
Sold by
Bought by
Seller's Agent
Larrae Iencarelli
Century 21 Select Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.51%
Original Mortgage
$101,250
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 21, 2013
Closed on
Aug 14, 2013
Sold by
Bought by
Seller's Agent
Larrae Iencarelli
Century 21 Select Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2013
Sold by
Bought by

Purchase Details

Closed on
Oct 3, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 1, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.84%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$365,000 Doma Title
-- First American Title Company
-- First American Title Company
$71,209 Accommodation
$70,000 Fidelity National Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $334,248
Previous Owner $101,250
Previous Owner $101,250
Previous Owner $270,000
Previous Owner $135,000
Previous Owner $130,000
Previous Owner $63,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,234 $380,946 $88,434 $292,512
2024 $4,003 $373,500 $86,700 $286,800
2023 $3,949 $366,320 $85,000 $281,320
2022 $1,712 $157,037 $23,099 $133,938
2021 $1,709 $153,981 $22,647 $131,334
2020 $1,721 $152,414 $22,415 $129,999
2019 $1,696 $149,558 $21,976 $127,582
2018 $1,546 $146,541 $21,546 $124,995
2017 $1,605 $143,690 $21,124 $122,566
2016 $1,580 $140,895 $20,710 $120,185
2015 $1,557 $138,906 $20,399 $118,507
2014 $1,511 $135,110 $20,000 $115,110
Source: Public Records

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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

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