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
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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
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 View Prior Sale
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 View Prior Sale
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

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 $2,475 $233,765 $79,590 $154,175
2024 $2,475 $229,188 $78,030 $151,158
2023 $2,441 $224,700 $76,500 $148,200
2022 $2,409 $220,300 $75,000 $145,300
2021 $1,885 $168,888 $42,047 $126,841
2020 $1,899 $167,164 $41,616 $125,548
2019 $1,870 $163,900 $40,800 $123,100
2018 $1,707 $160,700 $40,000 $120,700
2017 $810 $71,044 $16,233 $54,811
2016 $798 $69,665 $15,915 $53,750
2015 $786 $68,700 $15,676 $53,024
2014 $769 $67,260 $15,369 $51,891
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