NOT LISTED FOR SALE
8 Beds
11 Baths
4,021 Sq Ft
7,501 Sq Ft Lot

Last Sold June 05, 2019

Last sale price $391,000 $97 Per Sq Ft

11 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Landscaped
  • Neighborhood Views
  • Sliding Doors
  • Central Heating and Cooling System

About This Home

As of June 2019

Front unit is a single story 2BR 1B with tile floors and a fireplace, Section 8 renter at $775.00 per month. The other 3 units are all 2 story units offering 2 BR 2.5Bath and all 4 units have a fireplace. 2 of the 2 story units are rented at $800.00 per month and are Section 8. One of the 2 story units are on a month to month and is not Section 8 with rent at $775.00. One of the 2 story units have tile floors upstairs and downstairs...the other two units have carpet. All units have an exterior storage closet. Newer roof. All units have central heat & air. Seller pays Water Garbage & Sewer.

Last Agent to Sell the Property

Ruth Nightengale

London Properties Ltd - Merced License #00922648 Listed on: 05/09/2019

London Properties Ltd - Merced

Last Buyer's Agent

Moe Jawad

Keller Williams Property Team License #02043712

Keller Williams Property Team

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 7,501 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Landscaped

Parking

  • On-Street Parking

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,021 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Living Room with Fireplace
  • Neighborhood Views
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Range Hood

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 11 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Kitchen

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 031074005000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $46,569
  • Insurance Expense $2,711
  • Trash Expense $3,048
  • Water Sewer Expense $3,048
  • New Taxes Expense $2,043
  • Operating Expense $10,111
  • Gross Income $3,050
  • Net Operating Income $3,050

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 3048.00
  • Zoning: R-4
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 031074005000
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 97.24

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking Features: Street

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range, Range Hood, Refrigerator
  • Electric: 220 Volts in Kitchen
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 3048.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Fuel Expense: 46569.00
  • Gross Income: 3050.00
  • Gross Scheduled Income: 36600.00
  • Insurance Expense: 2711.00
  • Lot Size Area: 7501.0000 Square Feet
  • Net Operating Income: 3050.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 2
  • Number With Dishwasher: 3
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 10111.00
  • Rent Control: No
  • Total Expenses: 10111.00

Tax Info

  • New Taxes Expense: 2043.00
  • Tax Census Tract: 13.02

Range of Values:

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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 Change Sq Ft Price
06/05/2019 06/05/19 Sold $391,000 +4.3% $97 / Sq Ft
05/09/2019 05/09/19 For Sale $375,000 -- $93 / 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: MC19107311

California Regional Multiple Listing Service (CRMLS)