Steven Zagaris
PMZ Real Estate
(209) 653-1646
141 Total Sales
1 in Downtown Merced
$382,500 Price
144 W 20th St Merced, CA 95340
Downtown Merced Neighborhood
7
Beds
5
Baths
3,221
Sq Ft
7,501
Sq Ft Lot
Highlights
- No HOA
- Central Air
- Heating System Uses Natural Gas
- Tile Flooring
- Level Lot
- 1-Story Property
About This Home
As of October 2017100% Occupied, turn-key investment property in the heart of downtown Merced. 5 units provide a very desirable unit mix of two 2 bd/1 ba, two 1 bd/1 ba, and one studio. Low maintenance stucco exterior, tile floors in all units, and excellent property mgmt in place make this a rare opportunity to buy near growing UC Merced and generate strong cash flow. All tenants are on 12 month leases. Rents: $3,055/month. 2 bds at $695 & $675, 1 bds at $595, and studio at $495. *Write offers subject to inspection. Interiors of units will only be shown to buyer once offer is accepted.*
Last Agent to Sell the Property
David Bezeau
HomeBay Broker CA, Inc License #01331414 Listed on: 09/06/2017
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1942
Lot Details
- 7,501 Sq Ft Lot
- 1 Common Wall
- Level Lot
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
- Raised Foundation
- Composition Roof
Interior Spaces
- 3,221 Sq Ft Home
- 1-Story Property
- Tile Flooring
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Parking
- Parking Available
- Unassigned Parking
Utilities
- Central Air
- Heating System Uses Natural Gas
- Radiant Heating System
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 031081003000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- Insurance Expense $1,200
- Other Expense $3,132
- Professional Management Expense $2,928
- Trash Expense $1,320
- Water Sewer Expense $2,640
- New Taxes Expense $2,160
- Operating Expense $13,380
- Gross Income $36,600
- Net Operating Income $23,220
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
Closed on
Aug 3, 2018
Sold by
Goomer Muneesh and Goomer Deepti
Bought by
Purchase Details
Listed on
Sep 6, 2017
Closed on
Sep 25, 2017
Sold by
Bena Capital Alkaid Fund Lp
Bought by
Goomer Muneesh and Goomer Deepti
Seller's Agent
David Bezeau
HomeBay Broker CA, Inc
Buyer's Agent
Teri Kleinen
BHGRE Everything Real Estate
List Price
$339,000
Sold Price
$340,000
Premium/Discount to List
$1,000
0.29%
Purchase Details
Listed on
Dec 28, 2015
Closed on
Jan 20, 2016
Sold by
Stonefield Equity Llc
Bought by
Bena Capital Alkaid Fund Lp
Seller's Agent
Andy Krotik
Keller Williams Property Team
Buyer's Agent
Sheila Splitt
Century 21 Select Real Estate
List Price
$195,000
Sold Price
$195,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.07%
Purchase Details
Closed on
Aug 26, 2011
Sold by
Hostetler Investments Llc
Bought by
Stonefield Equity Llc
Purchase Details
Closed on
May 20, 2011
Sold by
Ortiz Mario A and Ortiz Holly Houston
Bought by
Hostetler Investments Llc
Purchase Details
Closed on
Jan 2, 1997
Sold by
Volz Darla M and Volz Darla
Bought by
Ortiz Mario A and Ortiz Holly Houston
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Merced, CA
-
Steven Zagaris
-
Ben Bazar
Ben Bazar
RE/MAX Executive
(209) 497-5769
82 Total Sales
1 in Downtown Merced
$382,500 Price
-
Rhonda Wheeland
Rhonda Wheeland
Realty World -RW Properties
(209) 287-3287
119 Total Sales
1 in Downtown Merced
$305,000 Price
-
Monica Franks
Monica Franks
HomeSmart PV & Associates
(209) 222-2808
58 Total Sales
9 in Downtown Merced
$88K - $345K Price Range
-
Tammy Burgess
Tammy Burgess
Realty Executives Of Northern California
(209) 354-3553
37 Total Sales
3 in Downtown Merced
$271K - $422K Price Range
-
Ranjeet Singh
Ranjeet Singh
Keller Williams Property Team
(209) 354-3912
73 Total Sales
6 in Downtown Merced
$75K - $750K Price Range
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 |
|---|---|---|---|
| -- | None Available | ||
| Goomer Muneesh | $340,000 | First American Title Company | |
| Bena Capital Alkaid Fund Lp | $195,000 | Fidelity National Title Co | |
| Stonefield Equity Llc | -- | Accommodation | |
| Hostetler Investments Llc | $76,500 | Accommodation | |
| Ortiz Mario A | $122,000 | Fidelity National Title |
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 | $6,000,000 | ||
| Previous Owner | Ortiz Mario A | $168,300 |
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 |
|---|---|---|---|---|---|
| 10/03/2017 10/03/17 | Sold | $340,000 | +0.3% | $106 / Sq Ft | |
| 09/06/2017 09/06/17 | For Sale | $339,000 | +73.8% | $105 / Sq Ft | |
| 02/09/2016 02/09/16 | Sold | $195,000 | 0.0% | $106 / Sq Ft | View Prior Sale |
| 01/13/2016 01/13/16 | Pending | -- | -- | -- | |
| 12/28/2015 12/28/15 | For Sale | $195,000 | -- | $106 / Sq Ft |
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 |
|---|---|---|---|---|
| 2026 | $4,320 | $396,343 | $46,420 | $349,923 |
| 2025 | $4,085 | $388,607 | $45,510 | $343,097 |
| 2024 | $4,085 | $381,022 | $44,618 | $336,404 |
| 2023 | $4,028 | $373,587 | $43,744 | $329,843 |
| 2022 | $3,976 | $366,297 | $42,887 | $323,410 |
| 2021 | $3,968 | $359,150 | $42,047 | $317,103 |
| 2020 | $3,999 | $355,486 | $41,616 | $313,870 |
| 2019 | $3,940 | $348,550 | $40,800 | $307,750 |
| 2018 | $3,595 | $341,750 | $40,000 | $301,750 |
| 2017 | $2,218 | $198,865 | $45,900 | $152,965 |
| 2016 | $1,204 | $107,162 | $21,219 | $85,943 |
| 2015 | $1,185 | $105,554 | $20,901 | $84,653 |
| 2014 | $1,159 | $103,487 | $20,492 | $82,995 |
Source: Public Records
Agents Affiliated with this Home
-
DB
Seller's Agent in 2017
David Bezeau
HomeBay Broker CA, Inc
-
Teri Kleinen
Buyer's Agent in 2017
Teri Kleinen
BHGRE Everything Real Estate
(209) 261-4509
18 in this area
155 Total Sales
-
Andy Krotik
Seller's Agent in 2016
Andy Krotik
Keller Williams Property Team
(209) 756-1579
8 in this area
190 Total Sales
-
Sheila Splitt
Buyer's Agent in 2016
Sheila Splitt
Century 21 Select Real Estate
(209) 261-4410
6 in this area
40 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17193352
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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