NOT LISTED FOR SALE
3 Beds
2 Baths
1,504 Sq Ft
0.26 Acres

Last Sold August 27, 2021

Last sale price $220,000 $146 Per Sq Ft

49 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Space Heater
  • Neighborhood Views
  • Laundry Room
  • Chain Link Fence

About This Home

As of August 2021

Opportunity to own a duplex in downtown Merced. Good price, good tenants that are month to month. Call me to view!

Last Agent to Sell the Property

Rachelle Santos

Soldavi Inc. License #01392153 Listed on: 05/24/2021

Last Buyer's Agent

Allen Brooks

Realty Executives Of Northern California License #01954892

Realty Executives Of Northern California

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.26 Acre Lot
  • Property fronts an alley
  • 1 Common Wall
  • Chain Link Fence

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Slab Foundation
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,504 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Carpet
  • Neighborhood Views

Kitchen

  • Gas Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Space Heater

Listing and Financial Details

  • Legal Lot and Block 1 / 7
  • Assessor Parcel Number 034203001000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $720
  • Trash Expense $1,800
  • Water Sewer Expense $1,400
  • New Taxes Expense $1,899
  • Operating Expense $5,819
  • Gross Income $16,620
  • Net Operating Income $14,820

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 6.00
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • View: Yes
  • Water Sewer Expenses: 1400.00
  • Zoning: R-2
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 034203001000
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Laminate Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 146.28
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Spa: No
  • Construction Materials: Brick, Concrete

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Space Heater, Fireplace(s)
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600

Rental Info

  • Tenant Pays: None

Multi Family

  • Gross Income: 16620.00
  • Gross Scheduled Income: 14820.00
  • Insurance Expense: 720.00
  • Lot Size Area: 11326.0000 Square Feet
  • Net Operating Income: 14820.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1800.00
  • Rent Control: No
  • Total Expenses: 5819.00

Tax Info

  • New Taxes Expense: 1899.00
  • Tax Block: 7
  • Tax Census Tract: 14.01
  • Tax Lot: 1

Range of Values:

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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
08/27/2021 08/27/21 Sold $220,000 -6.4% $146 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $235,000 0.0% $156 / Sq Ft
06/25/2021 06/25/21 Price Changed $235,000 -2.7% $156 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $241,500 -2.0% $161 / Sq Ft
05/24/2021 05/24/21 For Sale $246,500 +54.1% $164 / Sq Ft
09/07/2017 09/07/17 Sold $160,000 -3.0% $106 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
06/17/2017 06/17/17 Price Changed $164,900 -2.4% $110 / Sq Ft
06/01/2017 06/01/17 For Sale $169,000 0.0% $112 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $169,000 +160.0% $112 / Sq Ft
02/08/2012 02/08/12 Sold $65,000 -27.0% $54 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
11/01/2011 11/01/11 For Sale $89,000 -- $74 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC21111467

California Regional Multiple Listing Service (CRMLS)

APN: 034-203-001