NOT LISTED FOR SALE

1535 Ellen Ct Merced, CA 95341

Southeast Merced Neighborhood
8 Beds
4 Baths
3,200 Sq Ft
1980 Built

Last Sold May 02, 2018

Last sale price $320,000 $100 Per Sq Ft

9 Days on Market

Highlights

  • Neighborhood Views
  • Laundry Room
  • Central Heating and Cooling System
  • Cul-De-Sac

About This Home

As of May 2018

GREAT INCOME OPPORTUNITY in Merced! This 4 unit complex offers a great opportunity to invest in Merced home of UC Merced! These units are in great condition and have a lot of opportunity for greater income. This 4 plex is close to Golden Valley High School, Highway 99, and a new shopping center that features KFC and Steak and Shake.

Last Agent to Sell the Property

Jeff Lawry

London Properties Ltd - Merced License #01310152 Listed on: 03/29/2018

London Properties Ltd - Merced

Last Buyer's Agent

Bill Baker

Homenet Realty License #00939260

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7,500 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac

Home Design

  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,200 Sq Ft Home
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 035150049

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $26,559
  • Net Operating Income $18,727

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 035150049
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 100.00

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 7500.00

Multi Family

  • Gross Income: 26559.00
  • Gross Scheduled Income: 26559.00
  • Net Operating Income: 18727.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 7832.00
  • Rent Control: No

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
05/02/2018 05/02/18 Sold $320,000 -2.7% $100 / Sq Ft
04/07/2018 04/07/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $329,000 -- $103 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,870 $364,016 $45,510 $318,506
2024 $3,870 $356,891 $44,618 $312,273
2023 $3,776 $349,906 $43,744 $306,162
2022 $3,759 $343,118 $42,887 $300,231
2021 $3,764 $336,345 $42,047 $294,298
2020 $3,725 $332,903 $41,616 $291,287
2019 $3,654 $326,388 $40,800 $285,588
2018 $1,285 $114,793 $22,686 $92,107
2017 $1,264 $112,561 $22,242 $90,319
2016 $1,275 $110,372 $21,806 $88,566
2015 $1,237 $108,729 $21,479 $87,250
2014 $1,203 $106,708 $21,059 $85,649
Source: Public Records

Agents Affiliated with this Home

  • Jeff Lawry

    Seller's Agent in 2018

    Jeff Lawry

    London Properties Ltd - Merced

    (209) 261-8969

    2 in this area

    145 Total Sales

    Jeff Lawry
    Section Image

  • B

    Buyer's Agent in 2018

    Bill Baker

    Homenet Realty

    (209) 489-2278

    3 in this area

    21 Total Sales

    Bill Baker
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC18071798

California Regional Multiple Listing Service (CRMLS)

APN: 035-150-049

California Merced County Merced 95341 Southeast Merced

1535 Ellen Ct, Merced, CA

Not Listed for Sale

MultiFamily

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