NOT LISTED FOR SALE

1521 E Santa fe Dr Merced, CA 95340

3 Beds
1 Bath
900 Sq Ft
0.8 Acres

Last Sold March 02, 2021

Last sale price $675,000 $750 Per Sq Ft

About This Home

As of March 2021

100% Occupied! Beautiful investment property. Total of 6 rentals. Four separate homes and one duplex. One home faces the road behind the property, Stretch Rd. Each tenant has their own detached garage. Easy to maintain. Close to school, park, freeway, and grocery store.

Last Agent to Sell the Property

Satnam Singh

Reva Blue Realty, Inc. License #01725504 Listed on: 02/05/2021

Last Buyer's Agent

Ed Heinz

eXp Realty of California, Inc License #01263305

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.8

Parking

  • 6 Car Garage

Home Design

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • 220 Volts
  • Septic System

Additional Features

  • 1-Story Property
  • 0.8 Acre Lot

Listing and Financial Details

  • Tenant pays for cable tv rent only electricity trash collection
  • Assessor Parcel Number 033-150-031-000

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Lot Details

0

Parking

6

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Stories: 1
  • Year Built Details: Unknown
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet,Tile,Laminate

Exterior Features

  • Construction Materials: Wood
  • Listing Price: 689000.00

Garage/Parking

  • Garage Spaces: 6
  • Parking Features: Off Street,Open,Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Septic System
  • Utilities: All Electric,Natural Gas Connected
  • Cooling: Wall Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association: No
  • Floors: 5

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: Multi Residential
  • Lot Size Acres: 0.7978
  • Lot Size Sq Ft: 34752

Rental Info

  • Tenant Pays: Cable TV,Rent Only,Electricity,Trash Collection
  • Owner Occupied Units: 6
  • Total # Leasable: 6

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 6
  • Number of Month to Month Units: 3
  • Number of Units: 6

Tax Info

  • Assessor Parcel Number: 033-150-031-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2021 03/02/21 Sold $675,000 -2.0% $750 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $689,000 +72.3% $766 / Sq Ft
06/11/2018 06/11/18 Sold $400,000 -15.8% $167 / Sq Ft View Prior Sale
05/18/2018 05/18/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $475,000 +126.2% $198 / Sq Ft
05/17/2016 05/17/16 Sold $210,000 -8.3% $58 / Sq Ft View Prior Sale
04/25/2016 04/25/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $229,000 -- $64 / 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 $7,673 $730,318 $184,013 $546,305
2024 $7,673 $716,075 $180,405 $535,670
2023 $7,567 $702,112 $176,868 $525,244
2022 $7,474 $688,812 $173,400 $515,412
2021 $4,651 $420,362 $147,164 $273,198
2020 $4,687 $416,075 $145,656 $270,419
2019 $4,610 $407,958 $142,800 $265,158
2018 $2,302 $218,537 $72,828 $145,709
2017 $2,388 $214,182 $71,400 $142,782
2016 $1,748 $155,924 $38,179 $117,745
2015 $1,720 $153,596 $37,606 $115,990
2014 $1,683 $150,606 $36,870 $113,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221002057

MetroList

APN: 033-150-031