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

Sale Details

Date 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
  • Chain Link Fence
  • Neighborhood Views
  • Space Heater
  • Carpet

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

  • 11,326 Sq Ft 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
  • Laundry in Kitchen

Kitchen

  • Gas Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

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

0.26 Acres

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

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
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

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 $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

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