NOT LISTED FOR SALE
3 Beds
1 Bath
1,156 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: April 17, 2015

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

39 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Outdoor Storage
  • Wood Flooring
  • Evaporated cooling system
  • 4 Car Garage

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

  • 11,252 Sq Ft 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 in unit
  • 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

0.26 Acres

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

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
Mar 9, 2015
Closed on
Apr 6, 2015
Sold by
Bought by
Seller's Agent
Brandon Yager
Yager Realty Of California
Buyer's Agent
David Miles
Homesmart PV & Assoc., Merced
List Price
$99,900
Sold Price
$113,000
Premium/Discount to List
$13,100
13.11%

Purchase Details

Closed on
Mar 2, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 2011
Sold by
Bought by

Purchase Details

Closed on
May 29, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 15, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 25, 2008
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
0.0685%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
0.0137%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 2004
Sold by
Bought by

Purchase Details

Closed on
May 26, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
0.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
0.0616%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 5, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$113,000 Nations Title Company
-- Placer Title Company
$30,000 Placer Title Company
$70,000 Placer Title Company
-- Lsi Title Company
$295,912 None Available
-- Ticor Title Company Of Ca
-- None Available
-- Alliance Title Company
-- --
$265,000 Transcounty Title Company
$165,000 Transcounty 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
Closed $275,000
Closed $270,000
Closed $212,000
Closed $140,000
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
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

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
2025 $1,521 $135,801 $48,070 $87,731
2024 $1,438 $133,139 $47,128 $86,011
2023 $1,584 $130,529 $46,204 $84,325
2022 $1,564 $127,971 $45,299 $82,672
2021 $1,561 $125,462 $44,411 $81,051
2020 $1,571 $124,176 $43,956 $80,220
2019 $1,548 $121,743 $43,095 $78,648
2018 $1,426 $119,356 $42,250 $77,106
2017 $1,474 $117,017 $41,422 $75,595
2016 $1,454 $114,723 $40,610 $74,113
2015 $1,005 $74,617 $8,527 $66,090
2014 $987 $73,156 $8,360 $64,796
Source: Public Records

Agents Affiliated with this Home

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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

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