NOT LISTED FOR SALE

160 MacReady Dr Merced, CA 95341

Estimated Value: $472,234

1.67 Acres
$282,775 Price per Acre
72,745 Sq Ft Lot

Last Sold August 23, 2024

Last sale price $469,976

Current estimated payment $2,565/month

263 Days on Market

About This Lot

As of August 2024

This 1.67 acre newly created parcel is located on Macready Drive and is zoned I-L (Light Industrial). It has 162' of street frontage and is located in close proximity to the new 11,000 SF (to be built) $16,000,000 Merced Airport Terminal Building. There are 2 additional adjacent parcels to the north of this parcel that are also for sale as follows: Abutting to the north APN 059-300-067 - 1.90 acres ($ 662,112) and on the NEC of Grogan Avenue and Macready Drive APN 059-300-066-1.76 acres ($ 613,325). Also abutting and to the south is 140 Macready (APN 059-300-069) which has a 20,000 SF concrete tilt-up building on a 2.81 acre parcel (which includes a storm drainage basin that benefits all 4 parcels) and is available for sale for $2,800,000. Note Zoning and location make all of these properties potentially eligible for cannabis related businesses (Buyer to verify with local governmental authorities).

Last Agent to Sell the Property

Steve Tinetti

Tinetti Realty Group Brokerage Phone: 209-769-4898 License #00475070 Listed on: 10/30/2023

Co-Listed By

Jacob Morgner

Tinetti Realty Group Brokerage Phone: 209-769-4898 License #01882378

Last Buyer's Agent

Steve Tinetti

Tinetti Realty Group Brokerage Phone: 209-769-4898 License #00475070 Listed on: 10/30/2023

Property Details

Property Type

  • Land

Lot Details

  • 1.67 Acre Lot
  • Property is zoned I-L

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • $140,100 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Current Use: Industrial
  • Possible Use: Industrial
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: I-L
  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 6.46

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 72745.20
  • Lot Size Acres: 1.6700
  • Latitude Manual: 37.29033000

Multi Family

  • Lot Size Area: 1.6700 Acres

Tax Info

  • TaxOtherAnnualAssessmentAmount: 140100.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Aug 6, 2024
Sold by
Veryls Folly
Bought by
Merced Rpi Llc
Seller's Agent
Steve Tinetti
Tinetti Realty Group
Buyer's Agent
Steve Tinetti
Tinetti Realty Group
List Price
$581,961
Sold Price
$469,976
Premium/Discount to List
-$111,985
-19.24%
Views
28
Current Estimated Value
$472,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,258
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Merced Rpi Llc $1,500,000 Fidelity National Title Compan
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $469,976 -19.2% --
07/19/2024 07/19/24 Pending -- -- --
10/30/2023 10/30/23 For Sale $581,961 -- --
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 $1,436 $470,000 $470,000 --
2024 -- $131,590 $131,590 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC23201905

California Regional Multiple Listing Service (CRMLS)

APN: 059-300-068