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

Last Sold March 16, 2015

Last sale price $230,000 $57 Per Sq Ft

721 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of March 2015

Great opportunity. 4 units total. 3 are 2 bed/2.5 ba, each unit rented for $700, and 1 unit is 2 bed/1 ba, rented for $550 . Laundry room for tenants on site. Close to downtown, shopping, restaurants, theaters and freeway.

Last Agent to Sell the Property

Monica Franks

Homesmart PV & Assoc., Merced License #01269788 Listed on: 02/04/2013

Homesmart PV & Assoc., Merced

Last Buyer's Agent

Non-Member (Merced)

Merced Non-Member

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 7,501 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Home Design

  • 4,021 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 031074002000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $3,216
  • Gross Income $2,650
  • Net Operating Income $2,250

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 3216.00
  • Property Type: Residential Income
  • Parcel Number: 031074002000
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 57.20

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 2650.00
  • Gross Scheduled Income: 31800.00
  • Lot Size Area: 7501.0000 Square Feet
  • Net Operating Income: 2250.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 550.00
  • Rent Control: No

Tax Info

  • Tax Year: 2011

Range of Values:

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Sold Price
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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
03/16/2015 03/16/15 Sold $230,000 -11.5% $57 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
02/04/2013 02/04/13 For Sale $260,000 +53.8% $65 / Sq Ft
04/12/2012 04/12/12 Sold $169,000 -11.1% $42 / Sq Ft
02/20/2012 02/20/12 Pending -- -- --
05/31/2010 05/31/10 For Sale $190,000 -- $47 / 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: MC13015712

California Regional Multiple Listing Service (CRMLS)

APN: 031-074-002