NOT LISTED FOR SALE

Estimated Value: $407,413

7 Beds
2 Baths
1,000 Sq Ft
$407/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $412,500 $412 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,512/month

9 Days on Market

Highlights

  • 0.34 Acre Lot
  • No HOA
  • Ceiling Fan
  • Corner Lot
  • Central Heating
  • Carpet

About This Home

As of March 2022

Great Investment Opportunity with cash flow. 2 Single family homes and church. Church has 2 separate restrooms with stalls and a rec room. Possible potential conversion of the church to a rec center or 4-8 units , check with city on multiple possibilities. Corner home is 3 bedrooms with 1 bathroom and a fenced in back yard. Second home is a 3 bedrooms with 1 bathroom plus a bonus room and indoor laundry room.

Last Agent to Sell the Property

Alifonso Mendoza

Keller Williams Merced License #01760709 Listed on: 01/31/2022

Keller Williams Merced

Last Buyer's Agent

Nicholas Tortorelli

NT Real Estate License #01925692

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot
  • Corner Lot

Home Design

  • Mixed Use
  • Raised Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Carpet
  • Carbon Monoxide Detectors
  • Laundry in unit

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 030-284-017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Mixed Use
  • Property Subtype 1: Other
  • Stories: 1
  • Year Built: 1950
  • Stories: 2
  • Number of Three Bedroom Units: 1
  • Number of Four Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Raised
  • Listing Price: 425000.00
  • Lot Features: Corner

Garage/Parking

  • Parking Features: None

Utilities

  • Security: Carbon Mon Detector
  • Sewer: Public Sewer
  • Utilities: Electric
  • Cooling: Ceiling Fan(s)
  • Heating: Central
  • Laundry Features: In Each Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R-3-1.5
  • Irrigation: None
  • Lot Size Acres: 0.3444
  • Lot Size Sq Ft: 15002.00

Rental Info

  • Owner Occupied Units: 3
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Number of Units: 3
  • Number of Vacant Units: 3

Tax Info

  • Assessor Parcel Number: 030-284-017
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Javier And Rosa Ramirez Living Trust
Bought by
Javier And Rosa Ramirez Living Trust and Ramirez
Current Estimated Value
$407,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$343,803
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$63,610

Purchase Details

Listed on
Jan 31, 2022
Closed on
Feb 23, 2022
Sold by
Troy Ingersoll Paul and Troy Ardina Mary
Bought by
Javier And Rosa Ramirez Living Trust
Seller's Agent
Alifonso Mendoza
Keller Williams Merced
Buyer's Agent
Nicholas Tortorelli
NT Real Estate
List Price
$425,000
Sold Price
$412,500
Premium/Discount to List
-$12,500
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.32%

Purchase Details

Listed on
Jun 13, 2021
Closed on
Sep 17, 2021
Sold by
Aranda Santos Eduardo
Bought by
Ingersoll Paul Troy and Ingersoll Mary Ardina
Seller's Agent
Alifonso Mendoza
Keller Williams Merced
Buyer's Agent
Alifonso Mendoza
Keller Williams Merced
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.10%

Purchase Details

Closed on
Aug 17, 2015
Sold by
Lamas Armando
Bought by
Aranda Santos Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 19, 2014
Sold by
Henson William R and William R Henson Revocable Tru
Bought by
Lamas Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2008
Sold by
Jordan Dolores J
Bought by
Henson William R and William R Henson Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2006
Sold by
Pensco Trust Co
Bought by
Jordan Dolores J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2006
Sold by
Haycock Jennie M and Harold & Irene Haycock Living
Bought by
William R Henson Revocable Inter Vivos T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2005
Sold by
Henson William R
Bought by
Int Henson William R and Int William R Henson Revocable

Purchase Details

Closed on
Oct 1, 2001
Sold by
Dellantico Silvio and Dellantico Lola
Bought by
Henson William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2001
Sold by
Bethesda Apostolic Faith Church
Bought by
Estate Of Harold J & Irene Haycock and Pensco Pension Services
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Javier And Rosa Ramirez Living Trust -- Old Republic Title Company
Javier And Rosa Ramirez Living Trust $412,500 First American Title
Ingersoll Paul Troy $345,000 Lawyers Title
Aranda Santos Eduardo $250,000 Fidelity National Title Co
Lamas Armando $195,000 Fidelity National Title Co
Henson William R $225,000 Fidelity National Title Co
Jordan Dolores J $400,000 Fidelity National Title Co
William R Henson Revocable Inter Vivos T $80,000 Fidelity National Title Co
Int Henson William R -- --
Henson William R $94,000 American Title Co
Estate Of Harold J & Irene Haycock $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Javier And Rosa Ramirez Living Trust $350,000
Previous Owner Aranda Santos Eduardo $195,000
Previous Owner Lamas Armando $150,000
Previous Owner Henson William R $200,000
Previous Owner William R Henson Revocable Inter Vivos T $80,000
Previous Owner Henson William R $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2022 03/02/22 Sold $412,500 -2.9% $413 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $425,000 +23.2% $425 / Sq Ft
09/24/2021 09/24/21 Sold $345,000 -13.8% $345 / Sq Ft View Prior Sale
09/10/2021 09/10/21 Pending -- -- --
08/28/2021 08/28/21 For Sale -- -- --
08/23/2021 08/23/21 Pending -- -- --
08/18/2021 08/18/21 For Sale -- -- --
07/27/2021 07/27/21 Pending -- -- --
07/08/2021 07/08/21 For Sale -- -- --
06/17/2021 06/17/21 Pending -- -- --
06/13/2021 06/13/21 For Sale $400,000 -- $400 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

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 $4,598 $437,747 $111,426 $326,321
2024 $4,598 $429,165 $109,242 $319,923
2023 $4,534 $420,750 $107,100 $313,650
2022 $3,745 $345,000 $90,000 $255,000
2021 $3,023 $273,408 $71,085 $202,323
2020 $3,046 $270,606 $70,357 $200,249
2019 $3,002 $265,301 $68,978 $196,323
2018 $2,738 $260,100 $67,626 $192,474
2017 $2,842 $255,000 $66,300 $188,700
2016 $2,798 $250,000 $65,000 $185,000
2015 $2,225 $198,895 $66,298 $132,597
2014 $2,637 $236,359 $115,554 $120,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222010091

MetroList

APN: 030-284-017