NOT LISTED FOR SALE

1406 E Alexander Ave Merced, CA 95340

North Merced Neighborhood

Estimated Value: $135,000

0.45 Acre
$297,291 Price per Acre
19,781 Sq Ft Lot

Last Sold August 30, 2019

Last sale price $145,000

Est. 7% decrease in value since last sale

Current estimated payment $842/month

5 Days on Market

About This Lot

As of August 2019

Two adjacent MULTI-RESIDENTIAL lots for sale, centrally located in the within city limits. Merced has been coined as The City On The Rise and is one of the fastest growing county's in the state! Seller has plans for a 6 unit apartment complex. Both lots together will consist of just under a half acre with room for potentially more units. This location is just a short drive to UC Merced, one of the fastest growing UC's in the state. The vacancy rates in Merced are already historically low making it a perfect time to add a multi-residential property to the market. With UC Merced's 2020 Plan, student count is expected to be around 10,000 by the year 2020. Merced College, Mercy Medical Center, Merced High School, Chenoweth Elementary, Merced Mall and much more. You also have Downtown Merced which is on the path of REVITALIZATION with new hotels, plenty of restaurants, theatre, nightlife and the future hub for the ACE Train and High Speed Rail!

Last Agent to Sell the Property

Ernie Ochoa, CCIM

Keller Williams Merced License #01247053 Listed on: 06/21/2019

Keller Williams Merced

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Property Type

  • Land

Lot Details

  • 0.45 Acre Lot
  • Possible uses of the property include Residential
  • Property is zoned R-2, Multi-Residential

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007-121-029-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • Primary Residence: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: See Remarks
  • Disclosures/Documents: Building Plans,None,See Remarks
  • Listing Price: 155000.00
  • Lot Features: Curb(s),Shape Regular,Sidewalk(s),Street Light(s)
  • Road Surface Type: Paved
  • View Description: Local
  • Additional Living Units: No

Utilities

  • Utilities: See Remarks
  • Water Source: Public,See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning: R-2
  • Crops: None
  • Current Use: Vacant
  • Development Status: Raw Land
  • Zoning Description: Multi-Residential
  • Irrigation: None
  • Lot Size Acres: 0.4541
  • Lot Size Sq Ft: 19781
  • Possible Use: Residential

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 007-121-029-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2019 08/30/19 Sold $145,000 0.0% --
08/30/2019 08/30/19 Sold $145,000 -6.5% $170 / Sq Ft View Prior Sale
06/26/2019 06/26/19 Pending -- -- --
06/26/2019 06/26/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $155,000 0.0% --
06/20/2019 06/20/19 Price Changed $155,000 0.0% $182 / Sq Ft
06/20/2019 06/20/19 For Sale $155,000 +6.9% $182 / Sq Ft
06/03/2019 06/03/19 Off Market $145,000 -- --
05/16/2019 05/16/19 For Sale $245,000 -- $288 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ernie Ochoa, CCIM

    Seller's Agent in 2019

    Ernie Ochoa, CCIM

    Keller Williams Merced

    (209) 704-7653

    8 in this area

    108 Total Sales

    Ernie Ochoa, CCIM
    Section Image

  • N

    Buyer's Agent in 2019

    Non-MLS Member

    Non-MLS Office

  • Norma Lopez

    Buyer's Agent in 2019

    Norma Lopez

    Keller Williams Property Team

    (209) 277-0193

    4 in this area

    12 Total Sales

    Norma Lopez
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 19043808

MetroList

APN: 007-121-029

California Merced County Merced 95340 North Merced

1406 E Alexander Ave, Merced, CA

Not Listed for Sale

Lots

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