NOT LISTED FOR SALE

1922 Martin Luther King jr Way Merced, CA 95340

Downtown Merced Neighborhood
8 Beds
13 Baths
3,200 Sq Ft
0.52 Acres

Last Sold December 21, 2016

Last sale price $485,000 $152 Per Sq Ft

21 Days on Market

Highlights

  • 0.52 Acre Lot
  • Tile Flooring
  • 1-Story Property
  • No HOA

About This Home

As of December 2016

IN THE HEART OF DOWN TOWN MERCED, THE FASTEST GROWING CITY IN CALIFORNIA. Gated 7 units all 2/1's. Great area 5 min. to the Newest UC in California, scheduled stop for the future High Speed Rail. This town is growing fast yet still time to get in. Easy access to down town Merced, trains, public transportation, airport, newer state of the art Hospital, Theaters, restaurants, Mall, & much more. Just minutes to fishing, water skiing, hiking and bike trails, Historic Mariposa and Hornitos.

Last Agent to Sell the Property

Amedee Chabot

Century 21 Select Real Estate License #01238014 Listed on: 11/22/2016

Century 21 Select Real Estate

Last Buyer's Agent

Randy Hayer

Realty Executives of Northern California License #01251542

Realty Executives of Northern California

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 0.52

Parking

  • On-Street Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Additional Features

  • 0.52 Acre Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 031-073-014-400

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 7 Units

Building Details

  • 7 Leased Units
  • 675 Units Leased Month-To-Month
  • Operating Expense $16,138

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1945
  • Stories: 1
  • Number of One Bedroom Units: 7
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Flooring: Tile

Exterior Features

  • Construction Materials: See Remarks
  • Disclosures/Documents: See Remarks
  • Listing Price: 495000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: Carbon Mon Detector,Smoke Detector,Unguarded Gate
  • Utilities: Cable Available
  • Cooling: See Remarks
  • Heating: See Remarks

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: RES
  • Lot Size Acres: 0.5165
  • Lot Size Sq Ft: 22499

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 7

Multi Family

  • Gross Income: 46251
  • Operating Expense: 16138
  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 7
  • Number of Month to Month Units: 675
  • Number of Units: 7
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 031-073-014-400

MLS Schools

  • School District (County): Merced

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
12/21/2016 12/21/16 Sold $485,000 -2.0% $152 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
11/21/2016 11/21/16 For Sale $495,000 +110.6% $155 / Sq Ft
01/29/2015 01/29/15 Sold $235,000 0.0% $124 / Sq Ft
01/29/2015 01/29/15 Sold $235,000 -31.9% $57 / Sq Ft
12/24/2014 12/24/14 Pending -- -- --
12/24/2014 12/24/14 Pending -- -- --
10/07/2014 10/07/14 For Sale $345,000 0.0% $182 / Sq Ft
10/07/2014 10/07/14 For Sale $345,000 -- $83 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Amedee Chabot

    Seller's Agent in 2016

    Amedee Chabot

    Century 21 Select Real Estate

    (209) 761-0648

    1 in this area

    47 Total Sales

    Amedee Chabot
    Section Image
  • Randy Hayer

    Buyer's Agent in 2016

    Randy Hayer

    Realty Executives

    (209) 765-3767

    14 in this area

    269 Total Sales

    Randy Hayer
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 16073958

MetroList

APN: 031-073-014

California Merced County Merced 95340 Downtown Merced

1922 Martin Luther King jr Way, Merced, CA

This home is located at 1922 Martin Luther King jr Way, Merced, CA 95340 since 22 November 2016. This property was built in 1945. 1922 Martin Luther King jr Way is a home located in Merced County with nearby schools including John Muir Elementary School, Herbert Hoover Middle School, and Merced High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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