Cristina Martinez
HomeSmart PV & Associates
(209) 554-5717
33 Total Sales
1 in South Merced
$410,780 Price
273 S Canal St Merced, CA 95341
South Merced Neighborhood
6
Beds
6
Baths
3,941
Sq Ft
7,000
Sq Ft Lot
Highlights
- 4 Car Attached Garage
- Forced Air Heating and Cooling System
- Carpet
- Walk-In Closet
- Washer and Dryer
About This Home
As of November 2023Introducing your opportunity to own an exceptional investment property tucked away in the lively heart of Merced. This meticulously maintained duplex offers two identical and spacious units, each featuring 3 bedrooms and 2.5 bathrooms. Whether you're a seasoned investor or just getting started, this duplex presents an ideal opportunity to grow your portfolio and secure a steady stream of rental income. Don't miss out on this promising investment in a prime Merced location!
Last Agent to Sell the Property
Team Russ Homes
Coldwell Banker Realty License #70010202 Listed on: 09/18/2023
Last Buyer's Agent
RECIP
Out of Area Office License #00000000
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Property Details
Home Type
- Multi-Family
Year Built
- 2005
Lot Details
- 7,000
Parking
- 4 Car Attached Garage
Home Design
- 3,941 Sq Ft Home
- Duplex
- Slab Foundation
- Composition Roof
Kitchen
- Electric Cooktop
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
Additional Features
- Walk-In Closet
- Washer and Dryer
- 7,000 Sq Ft Lot
Listing and Financial Details
- Total Actual Rent $34,800
Community Details
Overview
Building Details
- 2 Leased Units
- Gardener Expense $600
- Insurance Expense $1,000
- Maintenance Expense $500
- Manager Expense $2,784
- Utility Expense $1,800
- Operating Expense $12,684
- Gross Income $34,800
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
Sep 18, 2023
Closed on
Oct 31, 2023
Sold by
Kapila Properties Llc
Bought by
Seller's Agent
Team Russ Homes
Coldwell Banker Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$549,000
Sold Price
$560,000
Premium/Discount to List
$11,000
2%
Views
62
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,840
Outstanding Balance
$444,444
Interest Rate
7.75%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 17, 2021
Sold by
Vashisht Sal Omkar and Kapila Neha
Bought by
Kapila Properties Llc
Purchase Details
Listed on
May 17, 2021
Closed on
Jul 21, 2021
Sold by
Vashisht Sai Omkar and Kapila Neha
Bought by
Vashisht Sai Omkar and Kapila Neha
Seller's Agent
Ruth Nightengale
London Properties Ltd - Merced
Buyer's Agent
Jaswinder Singh
Tinetti Realty Group
List Price
$350,000
Sold Price
$431,000
Premium/Discount to List
$81,000
23.14%
Purchase Details
Listed on
May 17, 2021
Closed on
Jun 23, 2021
Sold by
Bishop Kathryn Ann Davis and Kathryn Bishop Trust
Bought by
Vashisht Sal Omkar and Kapila Neha
Seller's Agent
Ruth Nightengale
London Properties Ltd - Merced
Buyer's Agent
Jaswinder Singh
Tinetti Realty Group
List Price
$350,000
Sold Price
$431,000
Premium/Discount to List
$81,000
23.14%
Purchase Details
Closed on
Jan 13, 2010
Sold by
Bishop Kathryn A
Bought by
Bishop Kathryn Ann Davis and Kathryn Bishop Trust
Purchase Details
Closed on
Sep 7, 2009
Sold by
Aurora Loan Services Llc
Bought by
Bishop Kathryn A
Purchase Details
Closed on
Sep 18, 2008
Sold by
Guizar Teresa
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Oct 27, 2005
Sold by
Cypress Terrace Estates Llc
Bought by
Guizar Teresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,494
Interest Rate
5.9%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Merced, CA
-
Cristina Martinez
-
Peter Huff
Peter Huff
Huff Real Estate
(209) 580-3901
35 Total Sales
1 in South Merced
$685,000 Price
-
Kristine Williams
Kristine Williams
EXP Realty of California, INC
(510) 901-4087
109 Total Sales
3 in South Merced
$340K - $342K Price Range
-
Martin Villanueva
Martin Villanueva
Realty Executives Of Northern California
(209) 439-8145
136 Total Sales
22 in South Merced
$152K - $400K Price Range
-
Geneva Brett
Geneva Brett
Century 21 Select Real Estate
(209) 270-5403
26 Total Sales
1 in South Merced
$440,000 Price
-
Alex Salazar
Alex Salazar
RE/MAX Gold
(559) 377-6342
561 Total Sales
4 in South Merced
$380,000 Price Range
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 |
|---|---|---|---|
| $560,000 | Cornerstone Title | ||
| Solis Maria G | -- | Cornerstone Title | |
| Kapila Properties Llc | -- | None Available | |
| Vashisht Sai Omkar | -- | None Available | |
| Vashisht Sal Omkar | $431,000 | Transcounty Title Company | |
| Bishop Kathryn Ann Davis | -- | None Available | |
| Bishop Kathryn A | $170,000 | Fidelity National Title Co | |
| Aurora Loan Services Llc | $132,000 | None Available | |
| Guizar Teresa | $512,500 | Fidelity 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 |
|---|---|---|---|
| Open | $455,840 | ||
| Previous Owner | Guizar Teresa | $488,000 | |
| Previous Owner | Guizar Teresa | $61,000 | |
| Previous Owner | Guizar Teresa | $102,494 | |
| Previous Owner | Guizar Teresa | $409,977 |
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 |
|---|---|---|---|---|---|
| 11/07/2023 11/07/23 | Sold | $560,000 | +2.0% | $142 / Sq Ft | |
| 09/25/2023 09/25/23 | Pending | -- | -- | -- | |
| 09/18/2023 09/18/23 | For Sale | $549,000 | +27.4% | $139 / Sq Ft | |
| 07/02/2021 07/02/21 | Sold | $431,000 | +14.9% | $218 / Sq Ft | View Prior Sale |
| 05/21/2021 05/21/21 | Pending | -- | -- | -- | |
| 05/18/2021 05/18/21 | Price Changed | $375,000 | +7.1% | $190 / Sq Ft | |
| 05/17/2021 05/17/21 | For Sale | $350,000 | -- | $177 / 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 |
|---|---|---|---|---|
| 2026 | $6,510 | $582,624 | $109,242 | $473,382 |
| 2025 | $6,228 | $571,800 | $107,100 | $464,700 |
| 2024 | $6,228 | $560,600 | $105,000 | $455,600 |
| 2023 | $4,897 | $440,390 | $71,400 | $368,990 |
| 2022 | $4,876 | $431,700 | $70,000 | $361,700 |
| 2021 | $2,500 | $202,523 | $35,770 | $166,753 |
| 2020 | $2,401 | $200,458 | $35,404 | $165,054 |
| 2019 | $2,359 | $196,548 | $34,710 | $161,838 |
| 2018 | $2,166 | $192,715 | $34,030 | $158,685 |
| 2017 | $2,233 | $188,957 | $33,363 | $155,594 |
| 2016 | $2,221 | $185,272 | $32,709 | $152,563 |
| 2015 | $2,161 | $182,505 | $32,218 | $150,287 |
| 2014 | $2,129 | $178,950 | $31,587 | $147,363 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2023
Team Russ Homes
Coldwell Banker Realty
-
Jessica Alves
Seller Co-Listing Agent in 2023
Jessica Alves
Coldwell Banker Realty
(209) 202-4675
1 in this area
22 Total Sales
-
R
Buyer's Agent in 2023
RECIP
Out of Area Office
-
RN
Seller's Agent in 2021
Ruth Nightengale
London Properties Ltd - Merced
-
Jaswinder Singh
Buyer's Agent in 2021
Jaswinder Singh
Tinetti Realty Group
(209) 205-8979
1 in this area
37 Total Sales
Map
Source: MLSListings
MLS Number: ML81942318
APN: 059-484-011
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