NOT LISTED FOR SALE

2963 N Parsons Ave Merced, CA 95340

North Merced Neighborhood
3 Beds
3 Baths
1,449 Sq Ft
8,276 Sq Ft Lot

Last Sold September 26, 2023

Last sale price $350,000 $242 Per Sq Ft

5 Days on Market

About This Home

As of September 2023

Beautiful 2 unit in a great established neighborhood within minutes to UC Merced, shopping and restaurants. One unit is 3 bed/2 full baths with 1 car garage attached (address is 2963) boasts an open floor plan and laminate floors throughout. Second unit is a studio with kitchen, full bathroom and laminate floors (address is 2961) Both units are fully rented. Good tenants and they are willing to stay.

Last Agent to Sell the Property

Claudia Blackwood

Golden Equity Homes & Loans License #01334700 Listed on: 07/11/2023

Last Buyer's Agent

Dora Oliveira

RE/MAX Executive License #01488323

RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,449 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $21,120

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $750
  • Trash Expense $123
  • Operating Expense $1,533
  • Gross Income $20,698

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Parking

1

Listing Details

  • Zoning: R-1-6
  • Subclass: Duplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1449
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 1449
  • Stories: 1

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Storage Tank

Schools

  • School District: Merced Union High

Lot Info

  • Lot Acres: 0.1900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8276.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8276.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.10
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 750
  • Expenses Total: 1533
  • Expense Trash: 123
  • Income Annual Gross: 20698.00
  • Income Annual Rental: 21120
  • Income Gross Scheduled: 21120
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Water
  • Tenant Expenses: Services - Gardener/Landscaping, Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

Range of Values:

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Average Value
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List Price
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
09/26/2023 09/26/23 Sold $350,000 +2.9% $242 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $340,000 -- $235 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Claudia Blackwood

    Golden Equity Homes & Loans

    (408) 219-0806

    2 in this area

    41 Total Sales

    Section Image
  • Dora Oliveira

    Buyer's Agent in 2023

    Dora Oliveira

    RE/MAX Executive

    (209) 484-5777

    1 in this area

    3 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81934597

MLSListings

APN: 007-123-019

California Merced County Merced 95340 North Merced

2963 N Parsons Ave, Merced, CA

This home is located at 2963 N Parsons Ave, Merced, CA 95340 since 11 July 2023. This property was built in 1961. 2963 N Parsons Ave is a home located in Merced County with nearby schools including Donn B. Chenoweth Elementary School, Herbert Hoover Middle School, and Merced High School.

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