NOT LISTED FOR SALE

305 Portico Dr Merced, CA 95348

Bellevue Ranch Neighborhood

Estimated Value: $637,000 - $644,000

0.05 Acres
$12,810,000 Price per Acre
2,178 Sq Ft Lot

Sale Details

Date Sold: April 29, 2022

Last sale price $6,800,000

Current estimated payment $3,561 / mo

307 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • High Speed Internet

About This Lot

As of April 2022

136 Finished Lots - All lots have utilities and are ready to build per buyer's own plans and subject to City approval plus 6 models are completed and permitted for use as rentals. All units currently rented out on a month to month agreement with tenants. Buyer would be required to change the commercial zone back to residential zone on 57 lots to be all residential community. Commercial Zoning from residential to commercial use and fees paid with proposed plan only. Buyer to create actual plans and obtain City approval. Approximately 57 lots would need to be removed to build a commercial complex with 2 buildings, parking lot and area including drain basin.

Last Agent to Sell the Property

Kelly Hasko

Realty Executives of Northern California License #01790310 Listed on: 07/23/2020

Realty Executives of Northern California

Last Buyer's Agent

Salim Farha

Realty Executives of Northern California License #01485855

Realty Executives of Northern California

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 2,178 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • 136 Lots in the community
  • Possible uses of the property include Commercial, Subdivision
  • Property is zoned R1, Commercial,Residential,See Remarks

Utilities

  • High Speed Internet

Community Details

  • No Home Owners Association
  • Bellevue Ranch Campus Paseo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 170-010-001-000

Property Details

Property Type

Land

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • Primary Residence: See Remarks
  • Subdivision: Bellevue Ranch Campus Paseo
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: CC&Rs, Natural Hazard Disclosure Available, Preliminary Title Report, See Remarks
  • Horse Property: No
  • Listing Price: 7500000.00
  • Lot Features: Corner, Curb(s), Gutter(s), Paved, Sidewalk(s), Street Light(s), See Remarks
  • Road Surface Type: Paved
  • Additional Living Units: No

Utilities

  • Sewer: Sewer Connected
  • Utilities: Internet Available

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning: R1
  • Crops: None
  • Current Use: See Remarks
  • Development Status: Lot Build To Suit, Tentative Map Filed, See Remarks
  • Number of Lots: 136
  • Zoning Description: Commercial,Residential,See Remarks
  • Irrigation: Public District
  • Lot Size Acres: 0.0500
  • Lot Size Sq Ft: 2178.00
  • Possible Use: Commercial, Subdivision

Multi Family

  • Income Includes: See Remarks

Tax Info

  • Assessor Parcel Number: 170-010-001-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

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

Closed on
Aug 12, 2022
Sold by
Bought by
Current Estimated Value
$640,500

Purchase Details

Listed on
Jul 23, 2020
Closed on
Apr 25, 2022
Sold by
Bought by
Seller's Agent
Kelly Hasko
Realty Executives of Northern California
Buyer's Agent
Salim Farha
Realty Executives of Northern California
List Price
$75,000,000
Sold Price
$6,800,000
Premium/Discount to List
-$68,200,000
-90.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-42.57%
Original Mortgage
$4,828,233
Interest Rate
4.16%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 9, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 2009
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Bellevue Ranch, CA

  • Kristine Williams Real Estate Agent - EXP Realty of California, INC

    Kristine Williams

    EXP Realty of California, INC

    (510) 901-4087

    109 Total Sales

    7 in Bellevue Ranch

    $382K - $490K Price Range

    Kristine Williams
     Section Image
  • Martin Villanueva Real Estate Agent - Realty Executives Of Northern California

    Martin Villanueva

    Realty Executives Of Northern California

    (209) 439-8145

    140 Total Sales

    15 in Bellevue Ranch

    $315K - $475K Price Range

    Martin Villanueva
     Section Image
  • Angel Lopez Real Estate Agent - Homesmart PV & Associates

    Angel Lopez

    Homesmart PV & Associates

    (209) 554-2144

    47 Total Sales

    2 in Bellevue Ranch

    $370,000 Price Range

    Angel Lopez
     Section Image
  • Alex Salazar Real Estate Agent - RE/MAX Gold

    Alex Salazar

    RE/MAX Gold

    (559) 377-6342

    558 Total Sales

    6 in Bellevue Ranch

    $425K - $453K Price Range

    Alex Salazar
     Section Image
  • Hector Garcia Real Estate Agent - BLVD Real Estate

    Hector Garcia

    BLVD Real Estate

    (510) 370-4028

    37 Total Sales

    1 in Bellevue Ranch

    $410,840 Price

    Hector Garcia
     Section Image
  • Juan Mora Real Estate Agent - London Properties, Ltd.

    Juan Mora

    London Properties, Ltd.

    (559) 206-2461

    164 Total Sales

    3 in Bellevue Ranch

    $415,000 Price Range

    Juan Mora
     Section Image
See All Agents

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
-- Simplifile
$6,800,000 North American Title
$1,650,000 Lsi Title Agency
$2,028,229 None Available
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 $13,009,310
Closed $11,672,806
Previous Owner $4,828,233
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
04/29/2022 04/29/22 Sold $6,800,000 -9.3% --
05/26/2021 05/26/21 Pending -- -- --
07/23/2020 07/23/20 Price Changed $7,500,000 -90.0% --
07/23/2020 07/23/20 For Sale $75,000,000 -- --
Source: MetroList

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 $406 $37,460 $37,460
2024 $406 $36,726 $36,726
2023 $401 $36,006 $36,006 $0
2022 $119 $9,876 $9,876 $0
2021 $119 $9,683 $9,683 $0
2020 $118 $9,584 $9,584 $0
2019 $116 $9,397 $9,397 $0
2018 $105 $9,213 $9,213 $0
2017 $108 $9,033 $9,033 $0
2016 $107 $8,856 $8,856 $0
2015 $105 $8,723 $8,723 $0
2014 $103 $8,553 $8,553 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Hasko Real Estate Agent - Realty Executives

    Seller's Agent in 2022

    Kelly Hasko

    Realty Executives

    (209) 495-1263

    6 in this area

    98 Total Sales

    Kelly Hasko
    Section Image
  • Salim Farha Real Estate Agent - Realty Executives

    Buyer's Agent in 2022

    Salim Farha

    Realty Executives

    (209) 658-8918

    1 in this area

    35 Total Sales

    Salim Farha
    Section Image
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Map

Source: MetroList

MLS Number: 20042740

MetroList

APN: 170-010-001

California Merced County Merced 95348 Bellevue Ranch

305 Portico Dr, Merced, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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