Seller's Agent in 2015
Monica Franks
Homesmart PV & Assoc., Merced
(209) 345-3836
5 in this area
59 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
Last Buyer's Agent
Steve Weagel
London Properties Ltd - Merced License #01883064
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
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
Jun 29, 2015
Closed on
Jul 9, 2015
Sold by
Bought by
Seller's Agent
Monica Franks
Homesmart PV & Assoc., Merced
Buyer's Agent
Steve Weagel
London Properties Ltd - Merced
List Price
$70,000
Sold Price
$50,000
Premium/Discount to List
-$20,000
-28.57%
Purchase Details
Listed on
Jun 29, 2015
Closed on
Jul 7, 2015
Sold by
Bought by
Seller's Agent
Monica Franks
Homesmart PV & Assoc., Merced
Buyer's Agent
Steve Weagel
London Properties Ltd - Merced
List Price
$70,000
Sold Price
$50,000
Premium/Discount to List
-$20,000
-28.57%
Purchase Details
Listed on
Aug 26, 2011
Closed on
Feb 28, 2012
Sold by
Bought by
Seller's Agent
Mary Piro
PMZ Real Estate
Buyer's Agent
Monica Franks
HomeSmart PV & Associates
List Price
$160,000
Sold Price
$82,000
Premium/Discount to List
-$78,000
-48.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.84%
Purchase Details
Closed on
Apr 2, 2001
Sold by
Bought by
Purchase Details
Closed on
Feb 19, 1999
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
$10,000
Interest Rate
0.067%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 6, 1998
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $50,000 | Transcounty Title Company | ||
| -- | Transcounty Title Company | ||
| $82,000 | Transcounty Title Company | ||
| $94,000 | Transcounty Title Company | ||
| -- | Fidelity National Title Co | ||
| $64,000 | Fidelity National Title Co | ||
| -- | 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 |
|---|---|---|---|
| Previous Owner | $10,000 |
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 |
|---|---|---|---|---|---|
| 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
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 | $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
-
S
Buyer's Agent in 2015
Steve Weagel
London Properties Ltd - Merced
-
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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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