NOT LISTED FOR SALE
3 Beds
2 Baths
1,768 Sq Ft
1920 Built

Last Sold February 07, 2017

Last sale price $167,500 $95 Per Sq Ft

237 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Carpet
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

About This Home

As of February 2017

Nice duplex on large corner lot. Located in the heart of Merced near schools, library and downtown. Great rental history.

Last Agent to Sell the Property

Roger Martin

Roger Martin Properties License #01198980 Listed on: 04/06/2016

Last Buyer's Agent

Genaro Duran

NextHome D&G Realty Group License #01434524

NextHome D&G Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,500 Sq Ft Lot
  • No Common Walls

Home Design

  • 1,768 Sq Ft Home

Kitchen

  • Gas Range
  • Free-Standing Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 030251016000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,895
  • New Taxes Expense $2,200
  • Operating Expense $5,295
  • Gross Income $1,300
  • Net Operating Income $10,305

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Inclusions: 2 stoves, 2 refrigerators, window air units.
  • Property Attached: No
  • Water Sewer Expenses: 1895.00
  • Property Type: Residential Income
  • Parcel Number: 030251016000
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 94.74

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Range, Refrigerator
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Common Area, Electric Dryer Hookup, Washer Hookup
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7500.00
  • Price Per Lot Square Foot: 23.20

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1300.00
  • Gross Scheduled Income: 15600.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 10305.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5295.00
  • Rent Control: No
  • Total Expenses: 5295.00

Tax Info

  • New Taxes Expense: 2200.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
02/07/2017 02/07/17 Sold $167,500 -3.7% $95 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $174,000 -- $98 / 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: MC16071201

California Regional Multiple Listing Service (CRMLS)

APN: 030-251-016