NOT LISTED FOR SALE
10 Beds
6 Baths
6,000 Sq Ft
1960 Built

Last Sold August 08, 2018

Last sale price $478,000 $80 Per Sq Ft

75 Days on Market

Highlights

  • City Lights View
  • Fenced
  • Carpet
  • Laundry Room

About This Home

As of August 2018

High Demand 6 Plex, in Merced. Each unit with enclosed 1 car garage. Sellers have owned this property for years and years, in cherry condition. PLEASE DO NOT GO TO ANY APPARTMENTS DOORS....all offers are subject to viewing. some rents are very low as the tenants have lived there 20 to 25 years.
Laundry on site, free to tenants, Stove and frig in all units. Large corner lot, 2 story 6 plex. Property is held in a Family trust.

Last Agent to Sell the Property

Terry Priest

Roberta Flanagan Realtor, Inc License #01472512 Listed on: 04/12/2018

Co-Listed By

Peggy Flanagan

Roberta Flanagan Realtor, Inc License #00622402

Last Buyer's Agent

Peggy Flanagan

Roberta Flanagan Realtor, Inc License #00622402

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 8,250 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Fence is in average condition
  • Density is 6-10 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property
  • City Lights Views
  • Electric Cooktop
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 030184007000

Community Details

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $858
  • Gardener Expense $1,560
  • Insurance Expense $1,838
  • Other Expense $180
  • Pest Control $552
  • Trash Expense $2,000
  • Water Sewer Expense $2,000
  • New Taxes Expense $2,029
  • Operating Expense $11,149
  • Gross Income $33,360
  • Net Operating Income $22,251

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2000.00
  • Zoning: R-2
  • Property Type: Residential Income
  • Gardener Expense: 1560.00
  • Parcel Number: 030184007000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 79.67

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Appliances: Electric Cooktop
  • Laundry Features: Common Area, Community
  • Pest Control Expense: 552.00
  • Sewer: Public Sewer
  • Trash Expense: 2000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 8250.00

Multi Family

  • Electric Expense: 858.00
  • Gross Income: 33360.00
  • Gross Scheduled Income: 33360.00
  • Insurance Expense: 1838.00
  • Net Operating Income: 22251.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 11108.00
  • Other Expense: 180.00
  • Other Expense Description: Fire Pro
  • Rent Control: No
  • Total Expenses: 11149.00

Tax Info

  • New Taxes Expense: 2029.00
  • Tax Census Tract: 13.02

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/08/2018 08/08/18 Sold $478,000 -4.4% $80 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $500,000 +4.6% $83 / Sq Ft
05/14/2018 05/14/18 Off Market $478,000 -- --
05/10/2018 05/10/18 For Sale $500,000 0.0% $83 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $500,000 -- $83 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC18084281

California Regional Multiple Listing Service (CRMLS)

APN: 030-184-007