NOT LISTED FOR SALE

16783 Brannon Ave Dos Palos, CA 93620

Estimated Value: $1,252,278

-- Bed
1 Bath
-- Sq Ft
8.35 Acres

Last Sold April 22, 2022

Last sale price $1,250,000

Current estimated payment $7,927/month

104 Days on Market

Highlights

  • 8.35 Acre Lot
  • Fenced Yard
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring

About This Home

As of April 2022

One of a kind turn key investment opportunity. This property features 8.35 acres of farm land, 3 duplexes (five units-3 bed 1.5 bath / 1 unit-2 Bed 1.5 bath) and one single family unit that features 3 bed & 2 bath. Total of 7 units on the property. Two units that have are pictured have been cleaned out and are ready to be rented. Other 5 units are occupied which will give you instant stream of revenue. Land is on a share basis so that will make for another additional stream of revenue. PLEASE DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Kelvin Chemparathy

eXp Realty of Northern California, Inc. License #02113152 Listed on: 12/03/2021

eXp Realty of Northern California, Inc.

Last Buyer's Agent

Victor Padilla

Altas Realty License #01136976

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,249

Year Built

  • Built in 1948

Lot Details

  • 8.35 Acre Lot
  • Fenced Yard

Home Design

  • Mixed Use
  • Slab Foundation
  • Shingle Roof
  • Stucco
  • Adobe

Parking

  • 20 Parking Spaces
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Propane
  • Private Water Source
  • Septic Pump
  • Septic System

Additional Features

  • Tile Flooring
  • Washer and Dryer Hookup

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 091-040-018-000

Community Details

Overview

  • No Home Owners Association
  • 7 Buildings
  • 7 Units

Building Details

  • 5 Leased Units
  • 2 Vacant Units
  • Net Operating Income $6,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,249

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Mixed Use
  • Property Subtype 1: 5 or More Units
  • Year Built: 1948
  • Accessibility Features: 0
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 6
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Tile
  • Price Per Square Foot: 1275.51

Exterior Features

  • Construction Materials: Adobe, Stucco, See Remarks
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Listing Price: 1300000.00
  • Lot Features: Other
  • Roof: Shingle

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 20.00

Utilities

  • Security: Other
  • Sewer: Septic System, Septic Connected, Septic Pump
  • Utilities: Electric, Propane
  • Cooling: Central
  • Heating: Common
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Private
  • Separate Meters: Electricity,Water

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Dos Palos Ora-Loma

Lot Info

  • Zoning Description: A-1
  • Irrigation: See Remarks, Other
  • Lot Size Acres: 8.3500
  • Lot Dimensions: Merced County
  • Lot Size Sq Ft: 363726.00

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: 12 Months
  • Total # Leasable: 7

Multi Family

  • Gross Income: 89700
  • Income Includes: Rent Only
  • Number of Leased Units: 5
  • Number of Units: 7
  • Number of Vacant Units: 2

Tax Info

  • Assessor Parcel Number: 091-040-018-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Apr 13, 2022
Sold by
Lyola Maxine Riney Trust
Bought by
Alvarez Manuel and Sanchez Luz Maria
Seller's Agent
Kelvin Chemparathy
eXp Realty of Northern California, Inc.
Buyer's Agent
Victor Padilla
Altas Realty
List Price
$1,300,000
Sold Price
$1,250,000
Premium/Discount to List
-$50,000
-3.85%
Current Estimated Value
$1,252,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,278
Avg. Annual Appreciation
-0.00%
Original Mortgage
$1,000,000
Outstanding Balance
$946,790
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$303,010

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jul 7, 2016
Sold by
Cantor Juan Jaime and Cantor Jaime Dolores
Bought by
Riney Lyola Maxine
Seller's Agent
Alejandra Saavedra
Real Estate eBroker, Inc.
Buyer's Agent
Alejandra Saavedra
Real Estate eBroker, Inc.
List Price
$359,000
Sold Price
$275,000
Premium/Discount to List
-$84,000
-23.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.07%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alvarez Manuel $1,250,000 Orange Coast Title
Riney Lyola Maxine $275,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Manuel $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $1,250,000 -3.8% --
03/17/2022 03/17/22 Pending -- -- --
12/03/2021 12/03/21 For Sale $1,300,000 +372.7% --
07/18/2016 07/18/16 Sold $275,000 -23.4% $393 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $359,000 -- $513 / Sq Ft
Source: MetroList

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 $13,249 $1,326,509 $657,948 $668,561
2024 $13,249 $1,300,500 $645,048 $655,452
2023 $12,802 $1,275,000 $632,400 $642,600
2022 $3,032 $300,751 $164,046 $136,705
2021 $3,039 $294,855 $160,830 $134,025
2020 $3,007 $291,832 $159,181 $132,651
2019 $2,956 $286,110 $156,060 $130,050
2018 $2,890 $280,500 $153,000 $127,500
2017 $2,834 $275,000 $150,000 $125,000
2016 $1,097 $99,444 $43,505 $55,939
2015 $1,085 $97,951 $42,852 $55,099
2014 $1,064 $96,033 $42,013 $54,020
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 221150207

MetroList

APN: 091-040-018