NOT LISTED FOR SALE

1521 E Santa fe Dr Merced, CA 95340

Merced Area
3 Beds
1 Bath
900 Sq Ft
0.8 Acre Lot

Sale Details

Date Sold: March 2, 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
  • 34,752 Sq Ft 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

0.8 Acres

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

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
Feb 5, 2021
Closed on
Feb 23, 2021
Sold by
Bought by
Seller's Agent
Satnam Singh
Reva Blue Realty, Inc.
Buyer's Agent
Ed Heinz
eXp Realty of California, Inc
List Price
$689,000
Sold Price
$675,000
Premium/Discount to List
-$14,000
-2.03%

Purchase Details

Listed on
Feb 11, 2018
Closed on
Jun 4, 2018
Sold by
Bought by
Seller's Agent
Amedee Chabot
Century 21 Select Real Estate
Buyer's Agent
Satnam Singh
Reva Blue Realty, Inc.
List Price
$475,000
Sold Price
$400,000
Premium/Discount to List
-$75,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.13%
Original Mortgage
$65,400
Interest Rate
0.044%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 30, 2016
Closed on
May 5, 2016
Sold by
Bought by
Seller's Agent
Jerry Lou Davis
Next Door Real Estate
Buyer's Agent
Non-Member (Merced)
Merced Non-Member
List Price
$229,000
Sold Price
$210,000
Premium/Discount to List
-$19,000
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.52%
Original Mortgage
$105,000
Interest Rate
0.0371%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 30, 2016
Closed on
Apr 23, 2016
Sold by
Bought by
Seller's Agent
Jerry Lou Davis
Next Door Real Estate
Buyer's Agent
Non-Member (Merced)
Merced Non-Member
List Price
$229,000
Sold Price
$210,000
Premium/Discount to List
-$19,000
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
0.0371%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 12, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 27, 2000
Sold by
Bought by
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
$675,000 Fidelity National Title
$400,000 Transcounty Title Company
-- Fidelity National Title Co
$210,000 Fidelity National Title Co
-- --
$115,000 Fidelity National Title Co
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 $65,400
Previous Owner $105,000
Previous Owner $194,500
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
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

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
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

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