$150,000
SOLD SEP 22, 2025
0.17 Acre
$874,126 Price per Acre
7,475 Sq Ft Lot

Recently Sold

57% Below List Price

70 Days on Market

About This Lot

As of September 2025

Ready-to-Build Investment Opportunity – Approved Duplex Plans Included! Don’t miss this rare opportunity to purchase a 7,474 sq ft commercial lot in a prime Merced location, sold with approved building plans for two duplexes (totaling 4 units). Each duplex offers 2,323 sq ft of thoughtfully designed living space, with 3 bedrooms, 1.5 bathrooms, and in-unit laundry for every unit. Plans have already been submitted to the city and are currently in the review process — they will be fully approved before close of escrow, allowing the buyer to start construction immediately after closing. Strategically located near a healthcare facility, the Merced County Fairgrounds, and downtown Merced, this lot offers excellent proximity to local restaurants, shops, and services. It’s also just minutes from UC Merced, a rapidly expanding university with a growing medical program, driving significant demand for housing in the area. Whether you’re an investor or developer, this is a turnkey development project in a high-growth area with strong rental potential. Utilities are nearby, and site access is convenient for construction and future tenants.

Last Agent to Sell the Property

Jonathan Minerick

Homecoin.com Brokerage Phone: 888-400-2513 License #01523060 Listed on: 07/01/2025

Last Buyer's Agent

Erik Ekizian DC

BHGRE Everything Real Estate License #02146494

BHGRE Everything Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $876

Lot Details

  • 7,475 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R-3-1.5

Utilities

  • Underground Utilities
  • Natural Gas Not Available
  • Sewer Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 035033004000
  • $80 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$876

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: R-3-1.5
  • Property Type: Land
  • Parcel Number: 035033004000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 20.07

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available, Sewer Available, Underground Utilities, Water Available
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 7474
  • Lot Size Sq Ft: 7475.00
  • Lot Size Acres: 0.1716

Multi Family

  • Lot Size Area: 7475.0000 Square Feet

Tax Info

  • Tax Census Tract: 16.01
  • Tax Lot: 3
  • TaxOtherAnnualAssessmentAmount: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Feb 4, 2021
Sold by
Johnston Timothy S and Johnston Betty Louise
Bought by
Sequeira Unlimited Inc
Seller's Agent
Ernie Ochoa, CCIM
Keller Williams Property Team
Buyer's Agent
Andy Krotik
Keller Williams Property Team
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.64%

Purchase Details

Closed on
Jul 9, 2007
Sold by
Arnold Robert W and Arnold Sallie I
Bought by
Arnold Robert W and Arnold Sallie I
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 $75,000 First American Title
Interfamily Deed Transfer -- Transcounty Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2025 09/22/25 Sold $150,000 -57.0% --
07/18/2025 07/18/25 Price Changed $348,999 -0.3% --
07/01/2025 07/01/25 For Sale $350,000 +366.7% --
02/09/2021 02/09/21 Sold $75,000 -11.8% -- View Prior Sale
01/22/2021 01/22/21 Pending -- -- --
10/09/2020 10/09/20 For Sale $85,000 -- --
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 $876 $81,181 $81,181 --
2024 $876 $79,590 $79,590 --
2023 $864 $78,030 $78,030 $0
2022 $852 $76,500 $76,500 --
2021 $521 $45,125 $45,125 $0
2020 $523 $44,663 $44,663 $0
2019 $516 $43,788 $43,788 $0
2018 $471 $42,930 $42,930 $0
2017 $488 $42,089 $42,089 $0
2016 $481 $41,264 $41,264 $0
2015 $473 $40,645 $40,645 $0
2014 $354 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR25146077

California Regional Multiple Listing Service (CRMLS)

APN: 035-033-004