NOT LISTED FOR SALE
5 Beds
4 Baths
2,387 Sq Ft
2.9 Acres

Last Sold May 02, 2017

Last sale price $3,038,000 $1,273 Per Sq Ft

216 Days on Market

Highlights

  • 2.9 Acre Lot
  • No HOA
  • Washer and Dryer
  • Contemporary Architecture
  • Central Heating and Cooling System

About This Home

As of May 2017

64 Units (12 Studios - 24 1Bd/1BA - 28 2bd/1Ba). Pool, laundry & storage rms, cv'd parking, plus potential to build other add'l units. Ideal location for college students as property is walking distance to shopping, dining and student bus route. UC Merced has just begun a 4-year 1.1 billion dollar expansion and student body to grow from 6,600+/- to 10,000+ students by 2020. Eventually at full build out UC will have 25,000 to 30,000 students

Last Agent to Sell the Property

Steve Tinetti

Tinetti Realty License #00475070 Listed on: 07/08/2016

Last Buyer's Agent

Gary Izard

Independent Rl Est Brokers License #01359320

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 2.9

Parking

  • Carport

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Washer and Dryer

Additional Features

  • 2.9 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 8 Buildings
  • 64 Units

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 058-182-011-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1981
  • Architectural Style: Contemporary
  • Stories: 2
  • Number of One Bedroom Units: 24
  • Number of Two Bedroom Units: 28
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Refrigerator,Other
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: See Remarks
  • Listing Price: 3840000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer

Condo/Co-op/Association

  • Association Features: Extra Storage,Manager's Office,Pool,Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: P-D
  • Lot Size Acres: 2.9000
  • Lot Size Sq Ft: 126324

Rental Info

  • Tenant Pays: Cable TV,Electricity

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Units: 64
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 058-182-011-000

MLS Schools

  • School District (County): Merced

Range of Values:

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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
05/02/2017 05/02/17 Sold $3,038,000 -20.9% $1,273 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
07/08/2016 07/08/16 For Sale $3,840,000 -- $1,609 / 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: 16044082

MetroList

APN: 058-182-011