$190,000
SOLD AUG 6, 2025
2 Beds
1 Bath
892 Sq Ft
4,848 Sq Ft Lot

Recently Sold

$213 Per Sq Ft

27% Below List Price

41 Days on Market

Highlights

  • Corner Lot
  • Neighborhood Views
  • Central Heating and Cooling System
  • No HOA
  • Laundry Room

About This Home

As of August 2025

Property is also known as, address in front of home 500 E. Main Street. This home is located on the corner of Orchard & E. Main Streets. Zoning is Commercial T zoning. This is an "As-Is" sale. Home needs work. Buyer to check with City of Merced regarding intended use.

Last Agent to Sell the Property

Terry Priest

Roberta Flanagan Realtor, Inc Brokerage Phone: 209-777-4283 License #01472512 Listed on: 05/27/2025

Co-Listed By

Peggy Flanagan

Roberta Flanagan Realtor, Inc Brokerage Phone: 209-777-4283 License #00622402

Last Buyer's Agent

Edward Franco

Realty Executives Of Northern California License #02153984

Realty Executives Of Northern California

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,774

Year Built

  • Built in 1948

Home Design

  • Entry on the 1st floor
  • Mixed Use

Interior Spaces

  • 892 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • No Common Walls
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 034224001000
  • $138 per year additional tax assessments

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,774

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Structure Type: Mixed Use
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: C-T
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential
  • Parcel Number: 034224001000
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 892.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 213.00

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Merced Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4850.00
  • Lot Size Acres: 0.1113

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4850.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 14.01
  • Tax Lot: 58
  • TaxOtherAnnualAssessmentAmount: 138.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2025
Closed on
Jul 14, 2025
Sold by
Stephen J Lowe Living Trust and Lowe Stephen J
Bought by
Fortify Llc
Seller's Agent
Terry Priest
Roberta Flanagan Realtor, Inc
Buyer's Agent
Edward Franco
Realty Executives Of Northern California
List Price
$260,000
Sold Price
$190,000
Premium/Discount to List
-$70,000
-26.92%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
252.23%
Original Mortgage
$152,000
Outstanding Balance
$139,722
Interest Rate
6.77%
Mortgage Type
Construction
Estimated Equity
$78,503

Purchase Details

Closed on
Jan 21, 2021
Sold by
Lowe Richard S
Bought by
Richard S Lowe Living Trust and Lowe

Purchase Details

Closed on
Jan 5, 2021
Sold by
Lowe Stephen J
Bought by
Lowe Stephen J and The Stephen J Lowe Living Trus

Purchase Details

Closed on
Nov 11, 2015
Sold by
Lowe Stephen and Lowe Richard S
Bought by
Lowe Stephen J and The Stephen J Lowe Living Trust

Purchase Details

Closed on
Apr 23, 2003
Sold by
Lowe Richard S
Bought by
Lowe Stephen and Lowe Richard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.54%

Purchase Details

Closed on
Mar 28, 2003
Sold by
Burgess John E
Bought by
Lowe Richard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.54%

Purchase Details

Closed on
Jun 25, 2002
Sold by
Valenzuela Teresa
Bought by
Burgess John E

Purchase Details

Closed on
Jul 3, 2000
Sold by
Carlson Vaughn Belden and Estate Of Elva A Carlson
Bought by
Valenzuela Teresa
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Grant Deed $190,000 Fidelity National Title Compan
Deed -- --
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Grant Deed $145,000 Transcounty Title Company
Grant Deed $100,000 Transcounty Title Company
Grant Deed $31,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,000 Construction
Previous Owner $80,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Sold $190,000 -13.6% $213 / Sq Ft
07/07/2025 07/07/25 Pending -- -- --
06/19/2025 06/19/25 Price Changed $220,000 -11.6% $247 / Sq Ft
05/29/2025 05/29/25 Price Changed $249,000 -4.2% $279 / Sq Ft
05/27/2025 05/27/25 For Sale $260,000 -- $291 / 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 $1,774 $166,885 $49,376 $117,509
2024 $1,774 $163,613 $48,408 $115,205
2023 $1,750 $160,406 $47,459 $112,947
2022 $1,726 $157,262 $46,529 $110,733
2021 $1,722 $154,179 $45,617 $108,562
2020 $1,734 $152,599 $45,150 $107,449
2019 $1,629 $142,500 $55,000 $87,500
2018 $1,479 $139,000 $45,000 $94,000
2017 $1,404 $124,500 $45,000 $79,500
2016 $1,348 $119,000 $45,000 $74,000
2015 $1,169 $103,000 $40,000 $63,000
2014 $955 $84,000 $30,000 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC25115864

California Regional Multiple Listing Service (CRMLS)

APN: 034-224-001