$467,500
SOLD JAN 15, 2025
4 Beds
2 Baths
2,054 Sq Ft
0.44 Acres

Recently Sold

$228 Per Sq Ft

6% Below List Price

103 Days on Market

Highlights

  • 0.44 Acre Lot
  • Fenced Yard
  • Landscaped
  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of January 2025

Prime Multifamily Investment opportunity!!!! Discover a well-maintained multifamily property in a well established neighborhood in Merced. Property is 2054 sq ft in a .4407 ACRE LOT!! The property is a duplex with 2 beds, 1 bath in each unit with a spacious, open Living/Dining area. Possibilities are endless in this extra large lot.

Last Agent to Sell the Property

Maria D Rabine

HomeSmart PV & Associates License #02039427 Listed on: 09/02/2024

HomeSmart PV & Associates

Last Buyer's Agent

Salvador Andrade

HomeSmart PV & Associates License #01840026

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.44 Acre Lot
  • Fenced Yard
  • Landscaped
  • Sprinklers on Timer

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,054 Sq Ft Home
  • 1-Story Property
  • Free-Standing Gas Oven

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for trash collection
  • Assessor Parcel Number 057-252-032-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Year Built: 1930
  • Architectural Style: Unknown
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven
  • Flooring: Carpet, Tile
  • Price Per Square Foot: 227.60
  • Square Footage: 2054.00

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Transfer Disclosure Statement
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 499950.00
  • Lot Features: Auto Sprinkler F&R, Landscape Front
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Open Parking Spaces: 2.00
  • Parking Features: Uncovered
  • Total Parking Spaces: 2.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Cooling: Central
  • Heating: Central
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: Common Area Meter

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning: R-1
  • Irrigation: Public District
  • Lot Size Acres: 0.4407
  • Lot Size Sq Ft: 19197.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 057-252-032-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
01/15/2025 01/15/25 Sold $467,500 -6.5% $228 / Sq Ft
12/14/2024 12/14/24 Pending -- -- --
09/02/2024 09/02/24 For Sale $499,950 +17.8% $243 / Sq Ft
03/31/2022 03/31/22 Sold $424,500 -3.3% $207 / Sq Ft View Prior Sale
03/15/2022 03/15/22 Pending -- -- --
02/21/2022 02/21/22 Off Market $439,000 -- --
02/16/2022 02/16/22 For Sale $439,000 -- $214 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224097396

MetroList

APN: 057-252-032