L
Seller's Agent in 2023
Luis Damian
First 1st Choice Realty Group
(209) 316-2628
1 in this area
14 Total Sales
1577 Ellen Ct Merced, CA 95341
Southeast Merced Neighborhood
8
Beds
4
Baths
3,400
Sq Ft
8,032
Sq Ft Lot
Highlights
- Open Floorplan
- No HOA
- Cul-De-Sac
- Lawn
- Neighborhood Views
- Living Room
About This Home
As of September 2023Welcome to the growing city of Merced! Presenting this two story fourplex that will make an excellent investment opportunity, with all units currently rented out and generating a monthly income. Each unit offers a completely remodeled interior, 2 bed and 1 bath, its own separate electric meter, storage space (if needed), providing a comfortable living space for your current or future tenants. On top of that, the property boasts a coin-operated laundry facility on the premises, enhancing the overall appeal. Call today for more info, and don't miss out on this great investment in a great location!
Last Agent to Sell the Property
First 1st Choice Realty Group License #02140733 Listed on: 08/03/2023
Last Buyer's Agent
First 1st Choice Realty Group License #02140733 Listed on: 08/03/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 8,032 Sq Ft Lot
- 1 Common Wall
- Cul-De-Sac
- Fenced
- Fence is in average condition
- Lawn
- Back Yard
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
- Slab Foundation
- Composition Roof
Interior Spaces
- 3,400 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Living Room
- Storage
- Neighborhood Views
- Electric Cooktop
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- 220 Volts In Laundry
- Washer and Electric Dryer Hookup
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Parking Available
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 035150054000
- $440 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $247
- Water Sewer Expense $4,258
- Operating Expense $4,505
- Gross Income $58,800
- Net Operating Income $54,295
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/10/2023 09/10/23 | Sold | $665,000 | -1.5% | $196 / Sq Ft | |
| 08/09/2023 08/09/23 | Pending | -- | -- | -- | |
| 08/03/2023 08/03/23 | For Sale | $675,000 | +43.3% | $199 / Sq Ft | |
| 12/30/2021 12/30/21 | Sold | $471,000 | +5.1% | $139 / Sq Ft | View Prior Sale |
| 11/30/2021 11/30/21 | Pending | -- | -- | -- | |
| 11/23/2021 11/23/21 | For Sale | $448,000 | +94.8% | $132 / Sq Ft | |
| 09/24/2014 09/24/14 | Sold | $230,000 | -11.5% | $68 / Sq Ft | View Prior Sale |
| 08/05/2014 08/05/14 | Pending | -- | -- | -- | |
| 02/25/2014 02/25/14 | For Sale | $259,900 | -- | $76 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,186 | $678,266 | $86,700 | $591,566 |
| 2024 | $7,186 | $665,000 | $85,000 | $580,000 |
| 2023 | $5,176 | $480,556 | $76,500 | $404,056 |
| 2022 | $5,150 | $471,000 | $75,000 | $396,000 |
| 2021 | $2,864 | $255,396 | $33,307 | $222,089 |
| 2020 | $2,835 | $252,843 | $32,966 | $219,877 |
| 2019 | $2,782 | $247,976 | $32,320 | $215,656 |
| 2018 | $2,699 | $243,206 | $31,687 | $211,519 |
| 2017 | $2,656 | $238,520 | $31,066 | $207,454 |
| 2016 | $2,680 | $233,957 | $30,457 | $203,500 |
| 2015 | $2,601 | $230,550 | $30,000 | $200,550 |
| 2014 | $1,122 | $99,359 | $20,492 | $78,867 |
Source: Public Records
Agents Affiliated with this Home
-
Luis Damian
-
Celestino Silva
Seller's Agent in 2021
Celestino Silva
BHHS Drysdale Properties, Merced
(510) 359-8218
1 in this area
13 Total Sales
-
D
Seller's Agent in 2014
Dana Howell
Advanced Market Realty, Inc.
-
C
Buyer's Agent in 2014
Chun Li
MaxReal
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MC23143707
APN: 035-150-054
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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