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

Sale Details

Date Sold: May 2, 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

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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

2.9 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1981
  • Architectural Style: Contemporary
  • Stories: 2
  • 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

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
Dec 23, 2025
Sold by
Sbe Lp and California Limited Partnership
Bought by

Purchase Details

Closed on
Jan 30, 2025
Sold by
Citizens Business Bank
Bought by
Sbe Lp

Purchase Details

Closed on
Dec 2, 2024
Sold by
Integrated Lender Services Inc
Bought by
Citizens Business Bank

Purchase Details

Listed on
Jul 8, 2016
Closed on
Mar 29, 2017
Sold by
Wagner Edward Wayne and Wagner Judith Annette
Bought by
Daas Group Llc
Seller's Agent
Steve Tinetti
Tinetti Realty
Buyer's Agent
Gary Izard
Independent Rl Est Brokers
List Price
$3,840,000
Sold Price
$3,038,000
Premium/Discount to List
-$802,000
-20.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,420,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 2004
Sold by
Yandow Mark S and Yandow Sandra L
Bought by
Wagner Edward Wayne and Wagner Judith Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,225,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 24, 2000
Sold by
Denver Investors A Partnership
Bought by
Yandow Mark S and Yandow Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,000
Interest Rate
7.86%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Merced, CA

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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
$6,225,000 Monarch Title
Sbe Lp $3,200,000 Orange Coast Title
Citizens Business Bank $3,120,808 Orange Coast Title
Daas Group Llc $3,038,000 Lawyers Title
Wagner Edward Wayne $3,443,000 Chicago Title Company
Yandow Mark S $1,660,000 Chicago Title Co
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
Previous Owner $3,737,500
Previous Owner Daas Group Llc $580,000
Previous Owner Daas Group Llc $2,420,000
Previous Owner Wagner Edward Wayne $97,834
Previous Owner Wagner Edward Wayne $2,225,000
Previous Owner Yandow Mark S $1,162,000
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
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

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
2026 $71,187 $6,477,559 $651,300 $5,826,259
2025 $71,187 $6,423,430 $650,000 $5,773,430
2024 $36,948 $3,454,664 $568,914 $2,885,750
2023 $36,438 $3,387,386 $557,759 $2,829,627
2022 $35,978 $3,321,427 $546,823 $2,774,604
2021 $35,903 $3,256,761 $536,101 $2,720,660
2020 $36,202 $3,223,608 $530,604 $2,693,004
2019 $35,652 $3,160,860 $520,200 $2,640,660
2018 $32,537 $3,099,342 $510,000 $2,589,342
2017 $34,719 $3,123,430 $500,000 $2,623,430
2016 $27,025 $2,421,300 $375,000 $2,046,300
2015 $26,332 $2,361,300 $315,000 $2,046,300
2014 $20,713 $1,861,300 $250,000 $1,611,300
Source: Public Records

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Map

Source: MetroList

MLS Number: 16044082

MetroList

APN: 058-182-011

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