NOT LISTED FOR SALE

2155 Cooper Ave Merced, CA 95348

Estimated Value: $965,249

6.2 Acres
$155,685 Price per Acre
270,072 Sq Ft Lot

Last Sold November 01, 2021

Last sale price $881,000

Est. 10% increase in value since last sale

Current estimated payment $5,346/month

187 Days on Market

Highlights

  • 6.2 Acre Lot
  • No HOA
  • Rectangular Lot
  • El Capitan High School Rated A-
  • Views
  • Partially Fenced Property

About This Lot

As of November 2021

6.2 Acres zoned I-L (Light Industrial) in Merced's Western Industrial Park. Zoning is approved for a cannabis related business. (Verify with City of Merced's Planning Department) Has two APN's 059-450-035 & 036. Located between Quad Graphics (to the west) and A & S Recycling Center (i.e. former 84 Lumber) to the east. Has perimeter fencing around most of the parcel and area inside of fence is paved) There is a rail spur that runs through the north end of the parcel. Might have potential of being served by both the UPRR as well as the BNSF? (Buyer wil need to verify with the railroad providers). Parcel was previously used for weighing and grading tomatoes (destined for the former Ragu Plant). Has a 70' scale on site (Needs new electronics). Close proximity to Highways 59 (300'), 99 (1/2 mile) and 140 (2 miles).

Last Agent to Sell the Property

Steve Tinetti

Tinetti Realty Group License #00475070 Listed on: 03/12/2021

Last Buyer's Agent

Gurman Mattu

Realty Executives Of Northern California License #02083254

Realty Executives Of Northern California

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,526

Lot Details

  • 6.2 Acre Lot
  • Partially Fenced Property
  • Rectangular Lot
  • Level Lot
  • Property is zoned I-L

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 059450035000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$3,526

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: I-L
  • Property Type: Land
  • Parcel Number: 059450035000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 3.26

Exterior Features

  • Fencing: Partial

Utilities

  • Utilities: Electricity Available, Sewer Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Rectangular Lot, Level
  • Lot Size Sq Ft: 270072.00
  • Lot Size Acres: 6.2000

Multi Family

  • Lot Size Area: 270072.0000 Square Feet

Tax Info

  • Tax Census Tract: 10.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Oct 26, 2021
Sold by
Sahota Pawanpreet Kaur
Bought by
Sahota Hardeep S
Seller's Agent
Steve Tinetti
Tinetti Realty Group
Buyer's Agent
Gurman Mattu
Realty Executives Of Northern California
List Price
$945,252
Sold Price
$881,000
Premium/Discount to List
-$64,252
-6.8%
Current Estimated Value
$965,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,249
Avg. Annual Appreciation
2.32%
Original Mortgage
$440,500
Outstanding Balance
$401,695
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$563,554

Purchase Details

Listed on
Mar 12, 2021
Closed on
Oct 20, 2021
Sold by
Emsee Properties Inc
Bought by
Singh Amritpal and Chahal Rajveer Singh
Seller's Agent
Steve Tinetti
Tinetti Realty Group
Buyer's Agent
Gurman Mattu
Realty Executives Of Northern California
List Price
$945,252
Sold Price
$881,000
Premium/Discount to List
-$64,252
-6.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,500
Outstanding Balance
$401,695
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$563,554

Purchase Details

Closed on
Apr 21, 2020
Sold by
Huntington Holdings Llc
Bought by
Emsee Properties Inc

Purchase Details

Closed on
Aug 15, 2019
Sold by
Emsee Properties Inc
Bought by
Huntington Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$985,000
Interest Rate
3.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Sahota Hardeep S -- Fidelity National Title Co
Sahota Mandeep Singh -- Fidelity National Title Co
Singh Amritpal $881,000 Fidelity National Title Co
Emsee Properties Inc $985,000 Old Republic Title Company
Huntington Holdings Llc $1,000,000 Orange Coast Ttl Co Of Nocal
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Amritpal $440,500
Previous Owner Huntington Holdings Llc $985,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2021 11/01/21 Sold $881,000 -6.8% --
09/15/2021 09/15/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $945,252 0.0% --
03/24/2021 03/24/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $945,252 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,526 $372,483 $335,341 $37,142
2024 $3,526 $328,766 $328,766 --
2023 $3,477 $322,320 $322,320 $0
2022 $3,431 $316,000 $316,000 $0
2021 $4,196 $380,000 $380,000 $0
2020 $4,093 $364,000 $327,000 $37,000
2019 $2,474 $218,545 $186,358 $32,187
2018 $2,257 $214,260 $182,704 $31,556
2017 $2,342 $210,060 $179,122 $30,938
2016 $2,306 $205,942 $175,610 $30,332
2015 $2,269 $202,850 $172,973 $29,877
2014 $2,220 $198,877 $169,585 $29,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC21052385

California Regional Multiple Listing Service (CRMLS)

APN: 059-450-035