M
Seller's Agent in 2015
Mary Gamel
Realty Executives
2219 Meadowbrook Ave Merced, CA 95348
Franklin NeighborhoodEstimated Value: $245,292 - $289,000
5
Beds
2
Baths
912
Sq Ft
$301/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Private Yard
- Fireplace
- Contemporary Architecture
- Separate Outdoor Workshop
- Double Pane Windows
About This Home
As of November 201528 Single family homes 14 2bed/1bth and 14 3bd/1bth. All units have own APN and are in good condition- There is a separate maintenance shop included in sale. Very low vacancy rate-great investment opportunity. Three units have a fireplace.
Last Agent to Sell the Property
Mary Gamel
Realty Executives Of Northern California License #01376535 Listed on: 10/22/2015
Last Buyer's Agent
Tony Garcia
Fortis Realty Group, Inc License #01308363
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $858
Year Built
- Built in 1950
Lot Details
- 7,802 Sq Ft Lot
- No Common Walls
- Wood Fence
- Fence is in average condition
- No Sprinklers
- Private Yard
- Lawn
Parking
- 1 Car Garage
- 14 Detached Carport Spaces
- Parking Available
Home Design
- Contemporary Architecture
- Turnkey
- Flat Roof Shape
- Raised Foundation
Interior Spaces
- 912 Sq Ft Home
- Fireplace
- Double Pane Windows
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- All Bedrooms Down
- 2 Bathrooms
Laundry
- Laundry Room
- 220 Volts In Laundry
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- Energy-Efficient Windows
Outdoor Features
- Exterior Lighting
- Separate Outdoor Workshop
- Shed
Utilities
- Evaporated cooling system
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Assessor Parcel Number 057281003000
Community Details
Overview
- 28 Buildings
- 28 Units
Pet Policy
- Pets Allowed
Building Details
- 28 Separate Electric Meters
- 28 Separate Gas Meters
- Insurance Expense $11,533
- Trash Expense $9,936
- Water Sewer Expense $22,391
- New Taxes Expense $15,712
- Gross Income $18,400
- Net Operating Income $176,938
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2015
Closed on
Oct 22, 2015
Sold by
Felling Family Partnership Lp
Bought by
Dealssutra Media Llc
Seller's Agent
Mary Gamel
Realty Executives Of Northern California
Buyer's Agent
Tony Garcia
Fortis Realty Group, Inc
List Price
$2,200,000
Sold Price
$1,725,000
Premium/Discount to List
-$475,000
-21.59%
Total Days on Market
411
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,450,427
Avg. Annual Appreciation
-17.31%
Original Mortgage
$878,000
Interest Rate
3.76%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Feb 25, 1997
Sold by
Felling Gene L and Felling Bobbie F
Bought by
Felling Gene L and Felling Bobbie F
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dealssutra Media Llc | $1,725,000 | Transcounty Title Company | |
| Felling Gene L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Dealssutra Media Llc | $878,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/25/2015 11/25/15 | Sold | $1,725,000 | -21.6% | $1,891 / Sq Ft |
| 09/14/2015 09/14/15 | Pending | -- | -- | -- |
| 07/30/2014 07/30/14 | For Sale | $2,200,000 | -- | $2,412 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $858 | $76,940 | $41,429 | $35,511 |
| 2024 | $858 | $75,432 | $40,617 | $34,815 |
| 2023 | $846 | $73,954 | $39,821 | $34,133 |
| 2022 | $834 | $72,505 | $39,041 | $33,464 |
| 2021 | $832 | $71,084 | $38,276 | $32,808 |
| 2020 | $837 | $70,356 | $37,884 | $32,472 |
| 2019 | $825 | $68,978 | $37,142 | $31,836 |
| 2018 | $755 | $67,626 | $36,414 | $31,212 |
| 2017 | $782 | $66,300 | $35,700 | $30,600 |
| 2016 | $770 | $65,000 | $35,000 | $30,000 |
| 2015 | $560 | $46,229 | $16,384 | $29,845 |
| 2014 | $549 | $45,325 | $16,064 | $29,261 |
Source: Public Records
Agents Affiliated with this Home
-
-
T
Buyer's Agent in 2015
Tony Garcia
Fortis Realty Group, Inc
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MC14162065
APN: 057-281-003
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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