NOT LISTED FOR SALE
4 Beds
4 Baths
2,272 Sq Ft
7,928 Sq Ft Lot

Sale Details

Date Sold: January 14, 2022

Last sale price $410,000 $180 Per Sq Ft

3 Days on Market

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • Bike Trail

About This Home

As of January 2022

Fantastic opportunity to purchase a rental income property in North Merced! This Duplex has been well maintained and has two long term tenants.
Each unit is a little over 1,100 sq.ft. and both have 500 sq.ft. attached garages. Both units feature indoor fireplaces, natural lighting via skylights, enclosed yards, 2 bed/2 bath, open floor plans and much more. This Duplex is situated at the end of a quiet street on a corner lot and offers excellent privacy. You have to take a tour to fully appreciate the potential being offered!

Last Agent to Sell the Property

Ryan Searcy

Century 21 Select Real Estate License #02044301 Listed on: 11/29/2021

Century 21 Select Real Estate

Co-Listed By

Dan Gallagher

CB Commercial, Select Real Estate License #01819755

Last Buyer's Agent

Jeffrey Lee

Movoto, Inc License #01303684

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 7,928 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Irregular Lot
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Carport
  • Parking Available
  • Front Facing Garage

Home Design

  • 2,272 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry in unit
  • Exterior Lighting
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, insurance
  • Tax Lot 10
  • Assessor Parcel Number 007081073000
  • $438 per year additional tax assessments

Community Details

Overview

  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $750
  • Operating Expense $750
  • Gross Income $23,400
  • Net Operating Income $21,060

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

7,928 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: R-2
  • Property Type: Residential Income
  • Parcel Number: 007081073000
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 180.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Irregular Lot
  • Lot Size Sq Ft: 7928.00
  • Lot Size Acres: 0.1820
  • Latitude Manual: 37.31660400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance

Multi Family

  • Gross Income: 23400.00
  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 750.00
  • Lot Size Area: 7928.0000 Square Feet
  • Net Operating Income: 21060.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2340.00
  • Rent Control: No
  • Total Expenses: 750.00

Tax Info

  • Tax Census Tract: 12.00
  • Tax Lot: 10
  • TaxOtherAnnualAssessmentAmount: 438.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
01/14/2022 01/14/22 Sold $410,000 +6.4% $180 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $385,500 -- $170 / 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 $4,638 $436,414 $90,202 $346,212
2024 $4,638 $427,764 $88,434 $339,330
2023 $4,575 $419,400 $86,700 $332,700
2022 $4,371 $397,775 $104,873 $292,902
2021 $3,652 $325,550 $80,000 $245,550
2020 $3,493 $305,500 $80,000 $225,500
2019 $3,454 $300,500 $45,000 $255,500
2018 $2,273 $210,500 $40,000 $170,500
2017 $2,291 $200,500 $40,000 $160,500
2016 $2,300 $200,500 $40,000 $160,500
2015 $2,232 $194,500 $40,000 $154,500
2014 $2,182 $190,500 $30,000 $160,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC21253577

California Regional Multiple Listing Service (CRMLS)

APN: 007-081-073

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