DO NOT GO TO THE DOOR, long term tenants, Home is located in Downtown Merced Property-Based Business Improvement District! Corner of 18th street & Martin Luther King Street, Turn of the Century Craftsman Home, High Ceilings! On R-4 Zoned Lot. Possibility of adding additional units. 2 Bedrooms, 1.5 Baths 1,097 sq ft, large basement. formal living room and dining room on 7,405 sq ft lot. kitchen with nook for sink and additional countertop space (granite) laminate flooring, wood flooring, gas range, old style slide in parlor doors (as is) crown molding, floor heating, 2 window units. front porch, Cyclone fencing. Slab in back yard ideal for extra parking, See photos. This is a charming older home Sale is AS IS, WHERE IS.
Room Type: All Bedrooms Down, Basement, Living Room
Bathroom Features: Bathtub, Shower
Basement: Unfinished
Exterior Features
View: Neighborhood
Pool Private: No
Utilities
Heating: Yes
Laundry: Yes
Appliances: Gas Cooktop
Heating Type: Central, Floor Furnace
Laundry Features: Individual Room
Sewer: Public Sewer
Water Source: Public
Cooling: Wall/Window Unit(s)
Cooling: Yes
Condo/Co-op/Association
Association: No
Senior Community: No
Community Features: Suburban
Schools
School District: Merced City
High School: Merced Union
High School: Merced Union
High School2: MERUNI
Lot Info
Additional Parcels: No
Land Lease: No
Lot Features: Lot 6500-9999
Lot Size Sq Ft: 7405.00
Lot Size Acres: 0.1700
Multi Family
Lease Considered: No
Lot Size Area: 7405.0000 Square Feet
Number Of Units Total: 1
Tax Info
Tax Block: 148
Tax Census Tract: 13.02
Tax Lot: 9
TaxOtherAnnualAssessmentAmount: 120.00
Ownership History
DateNameOwned ForOwner Type
Aug 2024 - PresentConstruction Training Institute9 Months
Company
Purchase Details
Listed on
Jun 17, 2024
Closed on
Aug 29, 2024
Sold by
Lomeli Juan
Bought by
Construction Training Institute
Seller's Agent
Rick Osorio
Century 21 Select Real Estate
Buyer's Agent
Larrae Iencarelli
Century 21 Select Real Estate
List Price
$295,000
Sold Price
$295,000
Total Days on Market
202
Views
54
Current Estimated Value
$300,332
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,332
Avg. Annual Appreciation
2.43%
Original Mortgage
$265,500
Outstanding Balance
$264,277
Interest Rate
6.46%
Mortgage Type
Seller Take Back
Estimated Equity
$35,076
Oct 2022 - Aug 2024Lomeli Juan1 Year and 10 Months
Private Individual
Purchase Details
Listed on
Apr 7, 2022
Closed on
Oct 21, 2022
Sold by
Lomeli Guadalupe
Bought by
Lomeli Juan
Seller's Agent
Terry Priest
Roberta Flanagan Realtor, Inc
Buyer's Agent
Rick Osorio
Century 21 Select Real Estate
List Price
$315,000
Sold Price
$230,000
Premium/Discount to List
-$85,000
-26.98%
Views
128
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Aug 2006 - Oct 2022Flanagan Investments Lp16 Years and 2 Months
Private Individual
Purchase Details
Closed on
Aug 14, 2006
Sold by
Flanagan John Thomas and Flanagan Roberta Gail
Bought by
Flanagan Investments Lp
Jul 1996 - Aug 2006Flanagan John Thomas and Flanagan Roberta Gail10 Years and 1 Month
Private Individual
Purchase Details
Closed on
Jul 3, 1996
Sold by
Flanagan Tom and Flanagan Roberta
Bought by
Flanagan John Thomas and Flanagan Roberta Gail
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Cosmetic fixer. Quiet tree lined street. Large lot with 2 storage sheds. Extended driveway for off-street parking. Additional parking available in the back of the house via the alley. Lot large enough for an ADU.
Welcome to 415 W 25th St in a prime area of Merced offering incredible potential. Situated on an oversized quarter-acre lot, this property includes a spacious main house that spreads nearly 2,000 square feet and features 3 spacious bedrooms, 2 full bathrooms. This home previously featured a permitted duplex and is zoned accordingly. It's the perfect value-add opportunity for both owner-occupants
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Source: California Regional Multiple Listing Service (CRMLS)
Tax History
Year
Tax Paid
Tax AssessmentTax 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
2024
$2,521
$234,750
$86,700
$148,050
2023
$2,487
$230,150
$85,000
$145,150
2022
$1,186
$108,416
$49,212
$59,204
2021
$1,183
$106,295
$48,248
$58,047
2020
$1,191
$105,208
$47,754
$57,454
2019
$1,173
$103,149
$46,818
$56,331
2018
$1,776
$168,450
$45,900
$122,550
2017
$1,080
$96,472
$39,614
$56,858
2016
$1,063
$94,570
$38,838
$55,732
2015
$1,046
$93,153
$38,255
$54,898
2014
$1,011
$90,150
$30,000
$60,150
Source: Public Records
Source: California Regional Multiple Listing Service (CRMLS)
This home is located at 259 W 18th St, Merced, CA 95340 and is currently priced at $230,000, approximately $209 per square foot. This property was built in 1900. 259 W 18th St is a home located in Merced County with nearby schools including John Muir Elementary School, Herbert Hoover Middle School, and Merced High School.
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