NOT LISTED FOR SALE
1 Bed
1 Bath
-- Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: October 22, 2018

Last sale price $485,000 $0 Per Sq Ft

50 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Double Pane Windows

About This Home

As of October 2018

GREAT INVESTMENT OPPORTUNITY IN THE COUNTY SEAT: UC MERCED AND FUTURE HIGH-SPEED RAIL. GET IN ON THE GROUND FLOOR ON ONE OF THE FASTEST GROWING COMMUNITIES IN CALIFORNIA. Six, 1 bd, 1 ba. apartments. Rental Income 2 remodeled units $700 each, 3 units $600, 1 unit $575. The 2 front units completely remodeled, 4 units have new doors & dual pane windows, All units have AC. One unit AC recently replaced 6 Storage units & 1 laundry room in the back, 4 parking spaces in front of the build & 4 in back

Last Agent to Sell the Property

Amedee Chabot

Century 21 Select Real Estate License #01238014 Listed on: 07/17/2018

Century 21 Select Real Estate

Co-Listed By

Lori Machado

Keller Williams Merced License #01770660

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 7,405

Parking

  • 1 Parking Space Included

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • 7,405 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 031-073-012-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Other
  • Year Built: 1979
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: See Remarks
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Listing Price: 528000.00
  • Roof: See Remarks

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R-4
  • Lot Size Acres: 0.1700
  • Lot Size Sq Ft: 7405

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 6

Multi Family

  • Income Includes: Laundry
  • Existing Lease Type: See Remarks
  • Number of Units: 6
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 031-073-012-000

MLS Schools

  • School District (County): Merced

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2018
Closed on
Sep 10, 2018
Sold by
Bought by
Seller's Agent
Amedee Chabot
Century 21 Select Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$528,000
Sold Price
$485,000
Premium/Discount to List
-$43,000
-8.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
0.045%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 11, 2015
Closed on
Jul 27, 2016
Sold by
Bought by
Seller's Agent
Jerry Shewey
Shewey Realty, Inc.
Buyer's Agent
Non-Member (Merced)
Merced Non-Member
List Price
$280,000
Sold Price
$235,000
Premium/Discount to List
-$45,000
-16.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.43%

Purchase Details

Closed on
Aug 26, 2015
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$485,000 Transcounty Title Company
$235,000 First American Title Company
-- None Available
-- None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $285,000
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
10/22/2018 10/22/18 Sold $485,000 -8.1% --
09/04/2018 09/04/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $528,000 +124.7% --
08/17/2016 08/17/16 Sold $235,000 -16.1% $63 / Sq Ft View Prior Sale
06/10/2016 06/10/16 Pending -- -- --
09/11/2015 09/11/15 For Sale $280,000 -- $75 / Sq Ft
Source: MetroList

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 $6,153 $554,221 $61,351 $492,870
2024 $5,808 $542,414 $60,149 $482,265
2023 $5,730 $532,015 $58,970 $473,045
2022 $5,658 $521,819 $57,814 $464,005
2021 $5,648 $511,824 $56,681 $455,143
2020 $5,584 $496,800 $56,100 $440,700
2019 $5,503 $487,100 $55,000 $432,100
2018 $2,523 $239,658 $51,000 $188,658
2017 $2,622 $235,210 $50,000 $185,210
2016 $2,521 $225,206 $41,997 $183,209
2015 $2,362 $211,200 $35,000 $176,200
2014 $2,135 $191,200 $30,000 $161,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18048606

MetroList

APN: 031-073-012

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