NOT LISTED FOR SALE
5 Beds
4 Baths
2,287 Sq Ft
9,100 Sq Ft Lot

Sale Details

Date Sold: September 30, 2022

Last sale price $370,000 $162 Per Sq Ft

87 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of September 2022

Well maintained duplex located in a very convenient location. Right off of Olive Ave, close to lots of shopping, medical, banks, public transportation, gym, restaurants and grocery stores. One unit is a 3 bedroom, 2 bathroom and other is a 2 bedroom, 2 bathroom. Property was built in the 80's and has central heat and air. Both units each have a 2 car garage and fenced backyard area to enjoy. These spacious floorplans offer open kitchens with dishwashers and disposals, and large living rooms, ceiling fans, tile counters and laundry hookups. Great investment opportunity!

Last Agent to Sell the Property

Danielle Ortega

The Team Realty License #01951944 Listed on: 06/04/2022

Last Buyer's Agent

Carmen Flores

Homesmart PV & Assoc., Merced License #01849310

Homesmart PV & Assoc., Merced
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 9,100 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,287 Sq Ft Home
  • 1-Story Property
  • Laundry in Garage

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 058182003000
  • $307 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Professional Management Expense $2,088
  • Trash Expense $640
  • Water Sewer Expense $2,000
  • Operating Expense $5,728
  • Gross Income $26,112
  • Net Operating Income $20,384

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

9,100 Sq Ft Lot

Parking

2

Listing Details

  • Professional Management Expense: 2088.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2000.00
  • Zoning: P-D
  • Property Type: Residential Income
  • Parcel Number: 058182003000
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 161.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 640.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9100.00
  • Lot Size Acres: 0.2089

Multi Family

  • Gross Income: 26112.00
  • Gross Scheduled Income: 26112.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 9100.0000 Square Feet
  • Net Operating Income: 20384.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5728.00
  • Rent Control: Yes
  • Total Expenses: 5728.00

Tax Info

  • Tax Census Tract: 10.03
  • Tax Lot: 2
  • TaxOtherAnnualAssessmentAmount: 307.00

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 4, 2022
Closed on
Sep 23, 2022
Sold by
Paul Murrieta Ybarbo Revocable Trust
Bought by
Seller's Agent
Danielle Ortega
The Team Realty
Buyer's Agent
Carmen Flores
Homesmart PV & Assoc., Merced
List Price
$380,000
Sold Price
$370,000
Premium/Discount to List
-$10,000
-2.63%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,298
Outstanding Balance
$340,943
Interest Rate
4.78%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2007
Sold by
Ybarbo Paul M
Bought by
Ybarbo Paul M and The Paul Murrieta Ybarbo Revocable Trust

Purchase Details

Closed on
Nov 12, 2003
Sold by
Radza Eric M and Radza Lusy S
Bought by
Ybarbo Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2002
Sold by
Mehton Nirmal S and Mehton Manjit R
Bought by
Jercich George and Jercich Mary E

Purchase Details

Closed on
Mar 15, 2002
Sold by
Jercich George and Jercich Mary E
Bought by
Radza Eric M and Radza Lusy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.25%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$370,000 Chicago Title
Ybarbo Paul M -- None Available
Ybarbo Paul M $298,000 Chicago Title Company
Jercich George -- Transcounty Title Company
Radza Eric M $205,000 Transcounty Title Company
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
Open $363,298
Previous Owner Ybarbo Paul M $238,400
Previous Owner Radza Eric M $120,000
Previous Owner Mehton Nirmal S $99,000
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
09/30/2022 09/30/22 Sold $370,000 -2.6% $162 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $380,000 0.0% $166 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/04/2022 06/04/22 For Sale $380,000 -- $166 / 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 $4,287 $392,646 $90,202 $302,444
2025 $4,054 $385,748 $88,434 $297,314
2024 $4,054 $378,200 $86,700 $291,500
2023 $3,998 $370,800 $85,000 $285,800
2022 $3,159 $290,800 $65,000 $225,800
2021 $3,215 $290,800 $65,000 $225,800
2020 $3,161 $280,800 $65,000 $215,800
2019 $2,501 $220,880 $55,000 $165,880
2018 $2,116 $200,800 $40,000 $160,800
2017 $2,017 $180,800 $40,000 $140,800
2016 $1,970 $175,800 $40,000 $135,800
2015 $1,935 $172,880 $40,000 $132,880
2014 $1,742 $155,880 $35,000 $120,880
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC22120255

California Regional Multiple Listing Service (CRMLS)

APN: 058-182-003

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