Seller's Agent in 2023
colin hoogendoorn
HomeSmart PV & Associates
(209) 815-2887
1 in this area
17 Total Sales
2324 Q St Merced, CA 95340
Downtown Merced Neighborhood
2
Beds
2
Baths
1,920
Sq Ft
5,000
Sq Ft Lot
Highlights
- No HOA
- Guest Parking
- Laundry Facilities
- Fenced Yard
- 2 Car Garage
- 5-minute walk to Applegate Park
About This Home
As of December 2023This duplex property in Merced is a turnkey investment opportunity, conveniently located in the heart of Merced. Both units have recently undergone renovations, ensuring their modern appeal. One unit is currently vacant, while the other is already occupied, highlighting the high demand for rental properties in this college town. The current capitalization rate (CAP) stands at 6.15%, but with a projected rental median analysis of $1300 per unit, the potential pro forma CAP rate reaches an enticing 8.56%. Moreover, this property presents the possibility of converting the garages into additional units, with the city confirming the option to add an ADU on the spacious lot. Covered parking, as well as two garages, provide ample space for vehicles. Separate gas and electric meters for each unit, ensuring convenient utilities management. Whether you're an experienced investor seeking an excellent opportunity or an individual interested in living in one unit while renting out the other, this property offers an amazing return on investment.
Last Agent to Sell the Property
HomeSmart PV & Associates License #02221855 Listed on: 10/30/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1945 | Remodeled
Lot Details
- 5,000 Sq Ft Lot
- Fenced Yard
Parking
- 2 Car Garage
- 4 Carport Spaces
- Guest Parking
- Off-Street Parking
Home Design
- Duplex
- Concrete Foundation
- Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2-Story Property
- Vinyl Flooring
Kitchen
- Built-In Gas Oven
- Built-In Gas Range
- Free-Standing Freezer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Window Unit Cooling System
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Assessor Parcel Number 030-161-012-000
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 1 Leased Unit
- 1 Vacant Unit
Matterport 3D Tour
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
Listed on
Oct 30, 2023
Closed on
Dec 7, 2023
Sold by
Bought by
Seller's Agent
colin hoogendoorn
HomeSmart PV & Associates
Buyer's Agent
Diana Markas-Khamo
HomeSmart PV & Associates
List Price
$305,000
Sold Price
$305,000
Views
46
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
0.0776%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 6, 2023
Sold by
Bought by
Purchase Details
Listed on
Aug 12, 2020
Closed on
Nov 25, 2020
Sold by
Bought by
Seller's Agent
Smita Patel
Realty Executives Of Northern California
Buyer's Agent
MLS Non
Non MLS Participant
List Price
$229,000
Sold Price
$195,000
Premium/Discount to List
-$34,000
-14.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
0.027%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 12, 2020
Closed on
Nov 13, 2020
Sold by
Bought by
Seller's Agent
Smita Patel
Realty Executives Of Northern California
Buyer's Agent
MLS Non
Non MLS Participant
List Price
$229,000
Sold Price
$195,000
Premium/Discount to List
-$34,000
-14.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
0.027%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 19, 2020
Closed on
Mar 18, 2020
Sold by
Bought by
Seller's Agent
Mark Yandow
Yandow Realty Group
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$185,000
Sold Price
$185,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Purchase Details
Closed on
May 29, 2018
Sold by
Bought by
Purchase Details
Closed on
Feb 18, 2010
Sold by
Bought by
Purchase Details
Closed on
Jul 28, 2008
Sold by
Bought by
Purchase Details
Closed on
Jul 18, 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
$2,535
Interest Rate
0.0667%
Mortgage Type
Commercial
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
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 |
|---|---|---|---|
| -- | Placer Title | ||
| $305,000 | Placer Title | ||
| -- | None Listed On Document | ||
| -- | Transcounty Title Company | ||
| -- | New Title Company Name | ||
| $195,000 | New Title Company Name | ||
| $187,000 | Chicago Title Company | ||
| -- | None Available | ||
| $45,000 | Stewart Title Of California | ||
| $143,079 | None Available | ||
| $140,000 | Chicago Title Co |
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 | $100,000 | ||
| Previous Owner | $146,250 | ||
| Previous Owner | $58,000 | ||
| Previous Owner | $5,500 | ||
| Previous Owner | $61,000 | ||
| Previous Owner | $2,535 |
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 |
|---|---|---|---|---|---|
| 12/14/2023 12/14/23 | Sold | $305,000 | 0.0% | $159 / Sq Ft | |
| 11/06/2023 11/06/23 | Pending | -- | -- | -- | |
| 10/30/2023 10/30/23 | For Sale | $305,000 | +56.4% | $159 / Sq Ft | |
| 12/16/2020 12/16/20 | Sold | $195,000 | -14.8% | $81 / Sq Ft | View Prior Sale |
| 11/11/2020 11/11/20 | Pending | -- | -- | -- | |
| 10/02/2020 10/02/20 | For Sale | $229,000 | 0.0% | $95 / Sq Ft | |
| 08/26/2020 08/26/20 | Pending | -- | -- | -- | |
| 08/12/2020 08/12/20 | For Sale | $229,000 | +23.8% | $95 / Sq Ft | |
| 04/20/2020 04/20/20 | Sold | $185,000 | 0.0% | $77 / Sq Ft | View Prior Sale |
| 03/08/2020 03/08/20 | Pending | -- | -- | -- | |
| 02/19/2020 02/19/20 | For Sale | $185,000 | -- | $77 / Sq Ft |
Source: MetroList
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 | $3,473 | $312,300 | $96,900 | $215,400 |
| 2024 | $3,286 | $306,320 | $95,000 | $211,320 |
| 2023 | $2,194 | $202,865 | $78,030 | $124,835 |
| 2022 | $2,164 | $198,894 | $76,500 | $122,394 |
| 2021 | $2,159 | $195,000 | $75,000 | $120,000 |
| 2020 | $607 | $53,101 | $17,700 | $35,401 |
| 2019 | $596 | $52,002 | $17,353 | $34,649 |
| 2018 | $543 | $50,998 | $17,013 | $33,985 |
| 2017 | $564 | $50,014 | $16,680 | $33,334 |
| 2016 | $556 | $49,124 | $16,353 | $32,771 |
| 2015 | $547 | $48,325 | $16,108 | $32,217 |
| 2014 | $536 | $47,469 | $15,793 | $31,676 |
Source: Public Records
Agents Affiliated with this Home
-
colin hoogendoorn
-
Diana Markas-Khamo
D
Buyer's Agent in 2023
Diana Markas-Khamo
HomeSmart PV & Associates
(209) 544-2500
1 in this area
17 Total Sales
-
Mark Yandow
Seller's Agent in 2020
Mark Yandow
Yandow Realty Group
(805) 801-6644
7 Total Sales
-
Smita Patel
Seller's Agent in 2020
Smita Patel
Realty Executives
(209) 981-6740
1 in this area
23 Total Sales
-
M
Buyer's Agent in 2020
MLS Non
Non MLS Participant
-
G
Buyer's Agent in 2020
General NONMEMBER
NONMEMBER MRML
Map
Source: MetroList
MLS Number: 223104934
APN: 030-161-012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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