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

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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