NOT LISTED FOR SALE

3 W 18th St Merced, CA 95340

Downtown Merced Neighborhood
3 Beds
1 Bath
1,156 Sq Ft
0.26 Acres

Last Sold April 17, 2015

Last sale price $113,000 $98 Per Sq Ft

39 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Laundry Room
  • Wood Flooring
  • Evaporated cooling system
  • Outdoor Storage

About This Home

As of April 2015

This property is zoned commercial & multi-family residential. 2 Homes on 1 corner lot. You can build units or commercial retail. This is a fantastic investment property already producing rental income when you close escrow. This property would be perfect for an owner occupant small business owner.
This property has so much potential & opportunity it deserves your consideration placing this property in your portfolio, By now we can agree that Merced is poised for growth with UC Merced's student body growing every year!

Last Agent to Sell the Property

Brandon Yager

Yager Realty Of California License #01480844 Listed on: 03/09/2015

Last Buyer's Agent

David Miles

Homesmart PV & Assoc., Merced License #01461279

Homesmart PV & Assoc., Merced

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $987

Year Built

  • Built in 1915

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Corner Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Gravel Driveway

Home Design

  • 1,156 Sq Ft Home
  • Traditional Architecture
  • Raised Foundation
  • Composition Roof

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Outdoor Storage
  • Outbuilding

Utilities

  • Evaporated cooling system
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 031084008000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Operating Expense $2,448
  • Gross Income $800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$987

Year Built

Built in 1915

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 031084008000
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Levels: One
  • Price Per Square Foot: 97.75

Exterior Features

  • Foundation: Raised
  • Other Structures: Outbuilding, Storage
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Gravel, Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 11252.00
  • Lot Size Acres: 0.2580

Multi Family

  • Gross Income: 800.00
  • Gross Scheduled Income: 9600.00
  • Lot Size Area: 11252.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 2448.00

Tax Info

  • Tax Annual Amount: 987.00
  • Tax Year: 2014

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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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 List to Sale Price per Sq Ft
04/17/2015 04/17/15 Sold $113,000 +13.1% $98 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $99,900 -- $86 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Brandon Yager

    Yager Realty Of California

    Section Image
  • David Miles

    Buyer's Agent in 2015

    David Miles

    Homesmart PV & Assoc., Merced

    (209) 658-9826

    26 Total Sales

    David Miles
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC15049318

California Regional Multiple Listing Service (CRMLS)

APN: 031-084-008

California Merced County Merced 95340 Downtown Merced

3 W 18th St, Merced, CA

Not Listed for Sale

MultiFamily

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