NOT LISTED FOR SALE
8 Beds
4 Baths
3,200 Sq Ft
24,394 Sq Ft

Last Sold December 20, 2013

Last sale price $340,000 $106 Per Sq Ft

153 Days on Market

About This Home

As of December 2013

Excellent Investment Opportunity!! 8 apartments building Located right off the freeway, room too build more apartments per City! Gross monthly income of $4,400.00

Last Agent to Sell the Property

Demetrio Robles

Casa Robles R.E. Inc. License #01230682 Listed on: 07/21/2013

Last Buyer's Agent

Monica Chavez

Century 21 R.E. Alliance License #01722974

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,431

Lot Details

  • 0.56

Parking

  • 11 Parking Spaces Included

Home Design

  • Composition Roof

Additional Features

  • 2-Story Property
  • 0.56 Acre Lot
  • Wall Furnace

Listing and Financial Details

  • Security Deposit $4,000
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 032-261-028-000

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 8 Leased Units
  • 8 Units Leased Month-To-Month
  • Insurance Expense $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,431

Lot Details

0.56 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Accessibility Features: 0
  • Stories: 2
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 349000.00
  • Patio And Porch Features: Varies by Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Open,1+ Space Per Unit,1 Space Per Unit

Utilities

  • Security: Varies By Unit
  • Cooling: Evaporative Cooler,None
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R-3-1.5
  • Lot Size Acres: 0.5600
  • Lot Size Sq Ft: 24394

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 4000
  • Total # Leasable: 8

Multi Family

  • Income Includes: Coin Operated Equipment,Rent Only
  • Existing Lease Type: Oral,See Remarks
  • Insurance Expense: 3600
  • Number of Leased Units: 8
  • Number of Month to Month Units: 8
  • Number of Units: 8
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 032-261-028-000
  • Current RE Taxes: 2431

MLS Schools

  • School District (County): Merced
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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
12/20/2013 12/20/13 Sold $340,000 -2.6% $106 / Sq Ft
12/20/2013 12/20/13 Pending -- -- --
07/20/2013 07/20/13 For Sale $349,000 -- $109 / Sq Ft
Source: MetroList

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 $7,115 $674,089 $136,537 $537,552
2024 $7,115 $660,882 $133,860 $527,022
2023 $7,016 $647,935 $131,236 $516,699
2022 $6,926 $635,291 $128,663 $506,628
2021 $6,911 $622,796 $126,141 $496,655
2020 $6,966 $616,416 $124,848 $491,568
2019 $6,860 $604,340 $122,400 $481,940
2018 $6,262 $592,500 $120,000 $472,500
2017 $4,034 $359,053 $126,748 $232,305
2016 $3,972 $352,037 $124,263 $227,774
2015 $3,909 $346,768 $122,397 $224,371
2014 $3,832 $340,560 $120,000 $220,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13042388

MetroList

APN: 032-261-028

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