$170,000
SOLD MAY 14, 2024

1405 E 22nd St Merced, CA 95340

3 Beds
2 Baths
1,570 Sq Ft
10,624 Sq Ft Lot

Recently Sold

$108 Per Sq Ft

29% Below List Price

2 Days on Market

Highlights

  • No HOA
  • Living Room
  • Central Heating and Cooling System
  • Bathtub with Shower
  • 1-Story Property
  • Dining Room

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 License #02036245 Listed on: 04/29/2024

Realty Executives of Northern California

Last Buyer's Agent

Kevin Ross

Realty Executives of Northern California License #02036245 Listed on: 04/29/2024

Realty Executives of Northern California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $842

Year Built

  • Built in 1948

Lot Details

  • 10,624 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation

Interior Spaces

  • 1,570 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Laminate Countertops
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 034-055-016-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$842

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Tract
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 1948
  • Accessibility Features: Other
  • Levels: One
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Other
  • Total Bathrooms: 2
  • Bathroom Features: Tub w/Shower Over
  • Dining Room Features: Other
  • Kitchen Features: Laminate Counter
  • Living Room Features: Other
  • Main Level: Bedroom(s), Living Room, Dining Room, Master Bedroom, Full Bath(s), Kitchen, Street Entrance
  • Price Per Square Foot: 108.28
  • Square Footage: 1570.00

Exterior Features

  • Construction Materials: Wood
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 240000.00
  • Lot Features: Curb(s)
  • New Construction: No
  • Pool: No
  • Roof: Other
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Detached

Utilities

  • Security: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available, Public, Electric, Internet Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Inside Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: Residential
  • Irrigation: None
  • Lot Size Acres: 0.2439
  • Lot Size Sq Ft: 10624.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 034-055-016-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

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: MetroList

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: MetroList

MLS Number: 224044794

MetroList

APN: 034-055-016