NOT LISTED FOR SALE
6 Beds
1 Bath
550 Sq Ft
8,542 Sq Ft Lot

Sale Details

Date Sold: March 14, 2024

Last sale price $1,000,000 $1,818 Per Sq Ft

131 Days on Market

Highlights

  • No HOA
  • Vinyl Flooring
  • 1-Story Property

About This Home

As of March 2024

Investment opportunity on these 6 units on two parcels. 4 of the six were updated with new Electrical, plumbing, doors, windows, flooring, appliances, countertops, paint, toilets, and AC units. Also included is one 2-car garage. Good rents! 4 of the six units are currently rented, just waiting on the final touches on the last two rehabs and unoccupied units will be ready to rent for between $2,000 to $2,300. Each unit has its own PG & E meter. Water Bill is $220 per duplex paid by landlord.

Last Agent to Sell the Property

Andy Krotik

Keller Williams Merced License #01040802 Listed on: 11/01/2023

Keller Williams Merced

Last Buyer's Agent

Clement Montes

Coldwell Banker Realty License #02219501

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 8,542

Parking

  • On-Street Parking

Home Design

  • Slab Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 1-Story Property
  • Vinyl Flooring
  • Free-Standing Gas Range
  • Laundry in unit

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • 8,542 Sq Ft Lot
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 031-041-011-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Building Details

  • 4 Leased Units
  • 2 Vacant Units
  • 6 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

8,542 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1940
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, See Remarks
  • Flooring: Vinyl

Exterior Features

  • Construction Materials: Stucco, Frame
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1100000.00
  • Lot Features: Other
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Window Unit(s)
  • Heating: Other
  • Laundry Features: In Each Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R2
  • Irrigation: None
  • Lot Size Acres: 0.1961
  • Lot Size Sq Ft: 8542.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 4
  • Number of Month to Month Units: 6
  • Number of Units: 6
  • Number of Vacant Units: 2

Tax Info

  • Assessor Parcel Number: 031-041-011-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Mar 6, 2024
Sold by
Bought by
Seller's Agent
Andy Krotik
Keller Williams Merced
Buyer's Agent
Clement Montes
Coldwell Banker Realty
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%
Views
172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Interest Rate
0.0663%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2023
Closed on
Feb 1, 2024
Sold by
Bought by
Seller's Agent
Andy Krotik
Keller Williams Merced
Buyer's Agent
Clement Montes
Coldwell Banker Realty
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%
Views
172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Interest Rate
0.0663%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2023
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 2023
Sold by
Bought by

Purchase Details

Listed on
Jul 13, 2022
Closed on
Dec 14, 2022
Sold by
Bought by
Seller's Agent
Aaron Vega
Tinetti Realty Group
Buyer's Agent
Aaron Vega
Tinetti Realty Group
List Price
$685,000
Sold Price
$500,000
Premium/Discount to List
-$185,000
-27.01%
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,700
Interest Rate
0.0708%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 24, 2001
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$620,000 First American Title
-- First American Title
$188,500 None Listed On Document
-- Placer Title
-- Placer Title
$565,000 Placer Title
-- Placer Title
-- Placer Title
$332,000 Placer Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $403,000
Previous Owner $393,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2024 03/14/24 Sold $1,000,000 0.0% $1,818 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
02/09/2024 02/09/24 Off Market $1,000,000 -- --
01/12/2024 01/12/24 Price Changed $1,100,000 -2.1% $2,000 / Sq Ft
11/30/2023 11/30/23 Price Changed $1,124,000 -6.3% $2,044 / Sq Ft
11/01/2023 11/01/23 For Sale $1,200,000 +140.0% $2,182 / Sq Ft
12/21/2022 12/21/22 Sold $500,000 -27.0% $100 / Sq Ft View Prior Sale
09/15/2022 09/15/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $685,000 -- $137 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,954 $807,560 $96,900 $710,660
2024 $3,954 $368,800 $86,700 $282,100
2023 $4,261 $395,300 $85,000 $310,300
2022 $1,984 $182,188 $39,812 $142,376
2021 $1,981 $178,736 $39,032 $139,704
2020 $1,995 $176,815 $38,632 $138,183
2019 $1,965 $173,369 $37,875 $135,494
2018 $1,792 $169,990 $37,133 $132,857
2017 $1,860 $166,677 $36,405 $130,272
2016 $1,832 $163,430 $35,692 $127,738
2015 $1,803 $160,991 $35,156 $125,835
2014 $1,764 $157,858 $34,468 $123,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223106082

MetroList

APN: 031-041-011

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