NOT LISTED FOR SALE
4 Beds
3 Baths
2,600 Sq Ft
9,013 Sq Ft Lot

Last Sold July 31, 2024

Last sale price $327,000 $126 Per Sq Ft

12 Days on Market

Highlights

  • Corner Lot
  • Carpet
  • 1-Story Property
  • Evaporated cooling system
  • No Heating

About This Home

As of July 2024

This is a Diamond in the rough! This is an investor special as it a CASH only transaction. The property consists of 3 units; a 2 bedroom, 1 bath house and 2- 1 bedroom, 1 bath units (stacked). The property is situated on a corner lot. There is wonderful income potential.

Last Agent to Sell the Property

Jeff Lawry

London Properties Ltd - Merced Brokerage Phone: 209-261-8969 License #01310152 Listed on: 06/13/2024

London Properties Ltd - Merced

Last Buyer's Agent

Jeff Lawry

London Properties Ltd - Merced Brokerage Phone: 209-261-8969 License #01310152 Listed on: 06/13/2024

London Properties Ltd - Merced

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 9,013 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor
  • Major Repairs Completed
  • Composition Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Utilities

  • Evaporated cooling system
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 28
  • Assessor Parcel Number 034211022000
  • $108 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $15,660

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

9,013 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: R-2
  • Property Condition: Repairs Major
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 034211022000
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: No
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 125.77

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 9013.00
  • Lot Size Acres: 0.2069
  • Latitude Manual: 37.29719900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Average2 Bed Area: 1211 Square Feet
  • Gross Income: 15660.00
  • Gross Scheduled Income: 1305.00
  • Lot Size Area: 9013.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 300.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 14.01
  • Tax Lot: 28
  • TaxOtherAnnualAssessmentAmount: 108.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $327,000 +18.9% $126 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $275,000 -- $106 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,193 $328,200 $95,000 $233,200
2024 $1,193 $109,093 $33,115 $75,978
2023 $1,177 $106,972 $32,466 $74,506
2022 $1,161 $104,893 $31,830 $73,063
2021 $1,158 $102,855 $31,206 $71,649
2020 $1,166 $101,811 $30,887 $70,924
2019 $1,148 $99,833 $30,282 $69,551
2018 $1,048 $97,894 $29,689 $68,205
2017 $1,087 $95,993 $29,107 $66,886
2016 $1,071 $94,130 $28,537 $65,593
2015 $1,054 $92,731 $28,109 $64,622
2014 $1,032 $90,933 $27,559 $63,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC24120768

California Regional Multiple Listing Service (CRMLS)

APN: 034-211-022

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