$170,000
SOLD MAY 14, 2024

1405 E 22nd St Merced, CA 95340

3 Beds
2 Baths
1,570 Sq Ft
10,625 Sq Ft Lot

Recently Sold

$108 Per Sq Ft

1 Day on Market

Highlights

  • No HOA
  • Laundry Room
  • Heating Available
  • Neighborhood Views
  • Central Air
  • 1-Story Property

About This Home

As of May 2024

Great opportunity for investor. Seller is highly motivated and will consider all offers. This fixer was once a beautiful home and can be again with TLC. Property needs extensive cleanup inside an out and will require heavy rehab. Done right, this has potential for a great return on investment. The house sits on a large, nearly 1/4 acre lot. This is a great opportunity for the experienced investor.

Last Agent to Sell the Property

Kevin Ross

Realty Executives Of Northern California Brokerage Phone: 209-761-3409 License #02036245 Listed on: 04/30/2024

Realty Executives Of Northern California

Last Buyer's Agent

Kevin Ross

Realty Executives Of Northern California Brokerage Phone: 209-761-3409 License #02036245 Listed on: 04/30/2024

Realty Executives Of Northern California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $842

Year Built

  • Built in 1948

Lot Details

  • 10,625 Sq Ft Lot
  • Property is zoned R-1-6

Parking

  • 2 Car Garage

Interior Spaces

  • 1,570 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 034055016000
  • $83 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$842

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1-6
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 034055016000
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1570.00 Square Feet
  • Stories: 1
  • Entry Location: main
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 108.28
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s)
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Merced Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10625.00
  • Lot Size Acres: 0.2439

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10625.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 14.01
  • Tax Lot: 20
  • TaxOtherAnnualAssessmentAmount: 83.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Apex Financing Solutions Llc
Bought by
Apex Property Acquisition Llc
Current Estimated Value
$292,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Outstanding Balance
$44,340
Interest Rate
6.73%
Mortgage Type
Construction
Estimated Equity
$210,745

Purchase Details

Listed on
Apr 29, 2024
Closed on
May 8, 2024
Sold by
Irene M Hill 2019 Trust and Hill Irene M
Bought by
Apex Property Acquisition Llc and Apex Financing Solutions Llc
Seller's Agent
Kevin Ross
Realty Executives of Northern California
Buyer's Agent
Kevin Ross
Realty Executives of Northern California
List Price
$240,000
Sold Price
$170,000
Premium/Discount to List
-$70,000
-29.17%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.72%

Purchase Details

Closed on
Aug 13, 2019
Sold by
Hill Irene Marion
Bought by
Hill Irene M and The Irene M Hill 2019 Trust

Purchase Details

Closed on
May 26, 1998
Sold by
Dean Marion Louise and Kendall Patricia Ann
Bought by
Hill Irene Marion

Purchase Details

Closed on
May 1, 1997
Sold by
Jones Robert W M and Jones Freda M
Bought by
Jones Freda M and Hill Irene Marion
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $170,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $258,750 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $170,000 -29.2% $108 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $240,000 -- $153 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $842 $335,950 $95,950 $240,000
2024 $842 $76,259 $29,604 $46,655
2023 $831 $74,765 $29,024 $45,741
2022 $819 $73,300 $28,455 $44,845
2021 $817 $71,864 $27,898 $43,966
2020 $821 $71,128 $27,612 $43,516
2019 $809 $69,734 $27,071 $42,663
2018 $738 $68,368 $26,541 $41,827
2017 $765 $67,028 $26,021 $41,007
2016 $754 $65,714 $25,511 $40,203
2015 $742 $64,728 $25,128 $39,600
2014 $726 $63,461 $24,636 $38,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC24086729

California Regional Multiple Listing Service (CRMLS)

APN: 034-055-016