Seller's Agent in 2015
Monica Franks
Homesmart PV & Assoc., Merced
(209) 345-3836
5 in this area
61 Total Sales
140 W Main St Merced, CA 95340
Downtown Merced Neighborhood
3
Beds
3
Baths
1,989
Sq Ft
3,751
Sq Ft Lot
About This Home
As of July 2015Motivated Seller! Looking for a cash buyer on this 4 unit rental in commercial zoning. A true fixer. Perfect opportunity for future business on Main Street in the growing hometown of UC Merced.
Last Agent to Sell the Property
Homesmart PV & Assoc., Merced License #01269788 Listed on: 06/29/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 3,751 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
Interior Spaces
- 1,989 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 031162003000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Insurance Expense $500
- Water Sewer Expense $3,216
- New Taxes Expense $825
- Gross Income $1,600
- Net Operating Income $14,659
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/10/2015 07/10/15 | Sold | $50,000 | -28.6% | $25 / Sq Ft | |
| 07/05/2015 07/05/15 | Pending | -- | -- | -- | |
| 06/29/2015 06/29/15 | For Sale | $70,000 | -14.6% | $35 / Sq Ft | |
| 03/16/2012 03/16/12 | Sold | $82,000 | -48.8% | -- | View Prior Sale |
| 02/16/2012 02/16/12 | Pending | -- | -- | -- | |
| 08/25/2011 08/25/11 | For Sale | $160,000 | -- | -- |
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 | $1,093 | $62,185 | $23,674 | $38,511 |
| 2024 | $1,093 | $61,025 | $23,210 | $37,815 |
| 2023 | $1,088 | $60,188 | $22,755 | $37,433 |
| 2022 | $704 | $58,773 | $22,309 | $36,464 |
| 2021 | $703 | $57,680 | $21,872 | $35,808 |
| 2020 | $707 | $57,120 | $21,648 | $35,472 |
| 2019 | $701 | $56,360 | $21,224 | $35,136 |
| 2018 | $641 | $55,020 | $20,808 | $34,212 |
| 2017 | $663 | $54,000 | $20,400 | $33,600 |
| 2016 | $655 | $53,000 | $20,000 | $33,000 |
| 2015 | $1,017 | $85,561 | $10,450 | $75,111 |
| 2014 | $1,000 | $84,245 | $10,246 | $73,999 |
Source: Public Records
Agents Affiliated with this Home
-
Monica Franks
-
Steve Weagel
S
Buyer's Agent in 2015
Steve Weagel
London Properties Ltd - Merced
(209) 725-2100
3 in this area
30 Total Sales
-
M
Seller's Agent in 2012
Mary Piro
PMZ Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MC15142631
APN: 031-162-003
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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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