NOT LISTED FOR SALE
7 Beds
4 Baths
2,183 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: March 4, 2021

Last sale price $390,000 $179 Per Sq Ft

114 Days on Market

About This Home

As of March 2021

This is a great 4-plex near Downtown Merced. The main house is a three bedroom, One bath, the front upstairs unit is a Two Bedroom, One bath apartment and has new floors and many other upgrades, The two rear duplex units are both one bedroom, one bathroom units and are located above the garages which face the alley.

Last Agent to Sell the Property

Steve Cardinalli

Cardinalli Real Estate License #01739549 Listed on: 09/05/2020

Last Buyer's Agent

maria antunes

Maria Antunes, Broker License #01173367

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,183 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $36,300
  • Month-to-Month Lease Term

Community Details

Overview

  • 2,183 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $600
  • Insurance Expense $1,800
  • Maintenance Expense $1,200
  • Manager Expense $2,100
  • Utility Expense $2,950
  • Trash Expense $1,050
  • Operating Expense $12,900
  • Gross Income $35,937

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

7,405 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: R-3-1.5
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2183
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Living Sq Ft: 2183
  • Stories: 2
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Rolled Composition, Shingle

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7501.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7501.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 10.99
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1800
  • Expense Landscape: 600
  • Expense Maintenance: 1200
  • Expense Management: 2100
  • Expenses Total: 12900
  • Expenses Utility: 2950
  • Expense Trash: 1050
  • Income Annual Gross: 35937.00
  • Income Annual Rental: 36300
  • Income Gross Scheduled: 36300
  • Income Includes: Rents
  • Meters: Master Gas, Master Water, Separate Common Area
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

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

Closed on
Jan 30, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
0.0627%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2020
Closed on
Feb 26, 2021
Sold by
Bought by
Seller's Agent
Steve Cardinalli
Cardinalli Real Estate
Buyer's Agent
maria antunes
Maria Antunes, Broker
List Price
$415,000
Sold Price
$390,000
Premium/Discount to List
-$25,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,983
Interest Rate
0.027%
Mortgage Type
FHA

Purchase Details

Listed on
May 27, 2019
Closed on
Jul 8, 2019
Sold by
Bought by
Seller's Agent
Nash Jimenez
Realty Executives Of Northern California
Buyer's Agent
Steve Cardinalli
Cardinalli Real Estate
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$227,500
Interest Rate
0.039%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2013
Closed on
Mar 11, 2013
Sold by
Bought by
Seller's Agent
Ranjeet Singh
Keller Williams Property Team
Buyer's Agent
Ranjeet Singh
Keller Williams Property Team
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.47%

Purchase Details

Listed on
Jan 25, 2013
Closed on
Mar 4, 2013
Sold by
Bought by
Seller's Agent
Ranjeet Singh
Keller Williams Property Team
Buyer's Agent
Ranjeet Singh
Keller Williams Property Team
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%

Purchase Details

Closed on
Jan 3, 2011
Sold by
Bought by

Purchase Details

Closed on
May 19, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 27, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,400
Interest Rate
0.0612%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 8, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,400
Interest Rate
0.0612%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,750
Interest Rate
0.0795%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,750
Interest Rate
0.0795%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2004
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
$625,000 Doma Title
$390,000 Chicago Title Company
$325,000 Fidelity National Title Co
-- Fidelity National Title Comp
$100,000 Fidelity National Title Comp
-- Fidelity National Title Comp
$60,000 Fidelity Natl Title Co Of Ca
$110,700 First American Title Ins Co
$110,700 First American Title Ins Co
-- None Available
$577,000 None Available
-- Alliance Title Company
-- Alliance Title Company
$295,000 Alliance Title Company
-- --
-- --
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
Closed $417,000
Closed $376,983
Closed $227,500
Closed $120,000
Closed $115,400
Closed $461,600
Closed $250,750
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
03/04/2021 03/04/21 Sold $390,000 -2.3% $179 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
11/10/2020 11/10/20 Price Changed $399,000 -3.9% $183 / Sq Ft
09/05/2020 09/05/20 For Sale $415,000 +27.7% $190 / Sq Ft
07/12/2019 07/12/19 Sold $325,000 +1.6% $149 / Sq Ft View Prior Sale
06/12/2019 06/12/19 Pending -- -- --
05/27/2019 05/27/19 For Sale $320,000 +220.0% $147 / Sq Ft
03/15/2013 03/15/13 Sold $100,000 -9.1% $46 / Sq Ft View Prior Sale
02/25/2013 02/25/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $110,000 -- $50 / Sq Ft
Source: MLSListings

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 $6,851 $652,650 $88,434 $564,216
2024 $6,851 $640,140 $86,700 $553,440
2023 $4,373 $405,699 $78,030 $327,669
2022 $4,316 $397,772 $76,500 $321,272
2021 $3,644 $329,766 $60,621 $269,145
2020 $3,673 $326,400 $60,000 $266,400
2019 $1,255 $110,425 $16,557 $93,868
2018 $1,144 $108,262 $16,233 $92,029
2017 $1,188 $106,141 $15,915 $90,226
2016 $1,169 $104,065 $15,603 $88,462
2015 $1,151 $102,499 $15,369 $87,130
2014 $1,138 $101,553 $15,068 $86,485
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81809520

MLSListings

APN: 030-284-020

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