NOT LISTED FOR SALE
8 Beds
4 Baths
3,136 Sq Ft
8,102 Sq Ft Lot

Last Sold June 16, 2015

Last sale price $310,000 $99 Per Sq Ft

180 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Laundry Room
  • End Unit

About This Home

As of June 2015

This 4plex has been enclosed with the adjacent 4plex to form one complex gated community, which makes it very appealing to families.

The adjacent 4plex, 3126 College, is also for sale.

Each unit has been refurbished with wood laminate floors and tile. Every unit has it's own A/C and heater. The roof was installed 12 years ago and is in good condition. There are coin operated washers and dryers on the premises for the use of the tenants.

Great North Merced location. Easy access to UC Merced, the Community College, elementary and middle schools. Close to shopping, medical, parks and churches. Quiet neighborhood.

Last Agent to Sell the Property

Bernard Kash

RE/MAX Gateway License #01019490 Listed on: 12/06/2014

RE/MAX Gateway

Last Buyer's Agent

Out Of Area Southland

SOUTHLAND

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,102 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Private Yard

Parking

  • 1 Car Garage

Home Design

  • 3,136 Sq Ft Home
  • Property Attached

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 006122023000

Community Details

Building Details

  • Electric Expense $840
  • Gardener Expense $900
  • Insurance Expense $2,700
  • Maintenance Expense $1,140
  • Professional Management Expense $1,200
  • Water Sewer Expense $2,940
  • New Taxes Expense $2,350
  • Gross Income $2,600
  • Net Operating Income $17,810

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Professional Management Expense: 1200.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2940.00
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 006122023000
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Tile, Wood

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 8102.00
  • Price Per Lot Square Foot: 38.26
  • Lot Size Acres: 0.1860

Multi Family

  • Electric Expense: 840.00
  • Gross Income: 2600.00
  • Gross Scheduled Income: 33000.00
  • Insurance Expense: 2700.00
  • Lot Size Area: 8102.0000 Square Feet
  • Maintenance Expense: 1140.00
  • Net Operating Income: 17810.00
  • Number Of Units Total: 2
  • Operating Expense: 12070.00
  • Rent Control: No
  • Vacancy Allowance Rate: 10.00

Tax Info

  • New Taxes Expense: 2350.00
  • 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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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
06/16/2015 06/16/15 Sold $310,000 -3.1% $99 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
12/06/2014 12/06/14 For Sale $320,000 -- $102 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $3,931 $373,930 $42,059 $331,871
2024 $3,931 $366,659 $41,235 $325,424
2023 $3,870 $358,880 $40,427 $318,453
2022 $3,819 $351,891 $39,635 $312,256
2021 $3,812 $345,039 $38,858 $306,181
2020 $3,842 $341,527 $38,460 $303,067
2019 $3,786 $334,878 $37,706 $297,172
2018 $3,454 $328,360 $36,967 $291,393
2017 $3,586 $321,970 $36,243 $285,727
2016 $3,531 $315,705 $35,533 $280,172
2015 $2,410 $215,500 $40,000 $175,500
2014 $2,350 $210,550 $30,000 $180,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14254186

California Regional Multiple Listing Service (CRMLS)