NOT LISTED FOR SALE
5 Beds
4 Baths
2,500 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: September 17, 2018

Last sale price $220,000 $88 Per Sq Ft

65 Days on Market

Highlights

  • Corner Lot
  • Private Yard
  • Cul-De-Sac

About This Home

As of September 2018

Great Rental Income Property located in hard to find North Merced, This single story duplex features an ideal 3/2 and 2/2 setup with both units having access to there own attached 2 car garage. Both units are equipped with there own fireplaces, fenced in patio areas and HVAC systems. #3203 has recently been updated to include new flooring throughout, fresh texture and paint and new tile in both bathrooms. Located within walking distance to multiple grocery stores, shopping centers, Merced Mall,bike paths and medical offices. If you are looking for a additional rental property 3223 & 3225 Nashville Ct is available for purchase. With rents continuing to increase in the Merced Area now is your opportunity to be in the right place at the right time!

Last Agent to Sell the Property

Aaron Vega

Tinetti Realty Group License #01807208 Listed on: 06/19/2018

Last Buyer's Agent

Bill Baker

Homenet Realty License #00939260

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 12,502 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Corner Lot
  • Private Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,500 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in Garage
  • Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 058172016000

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,979
  • Professional Management Expense $833
  • Trash Expense $1,000
  • Water Sewer Expense $1,953
  • New Taxes Expense $2,500
  • Operating Expense $9,265
  • Gross Income $20,940
  • Net Operating Income $11,687

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0.29 Acres

Parking

2

Listing Details

  • Professional Management Expense: 833.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1953.00
  • Zoning: P-D
  • Property Type: Residential Income
  • Parcel Number: 058172016000
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 88.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Cul-De-Sac, Yard
  • Lot Size Sq Ft: 12502.00

Multi Family

  • Gross Income: 20940.00
  • Gross Scheduled Income: 20940.00
  • Insurance Expense: 2979.00
  • Net Operating Income: 11687.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 9253.00
  • Rent Control: No
  • Total Expenses: 9265.00

Tax Info

  • New Taxes Expense: 2500.00
  • Tax Census Tract: 10.03

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
Mar 26, 2021
Sold by
Bought by

Purchase Details

Listed on
Jun 19, 2018
Closed on
Sep 11, 2018
Sold by
Bought by
Seller's Agent
Aaron Vega
Tinetti Realty Group
Buyer's Agent
Bill Baker
Homenet Realty
List Price
$222,500
Sold Price
$220,000
Premium/Discount to List
-$2,500
-1.12%

Purchase Details

Closed on
Jul 11, 2016
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
1.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 6, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 3, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,400
Interest Rate
4.35%
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
$220,000 Transcounty Title Company
$220,000 Fidelity National Title Comp
-- First American Title Company
$290,000 Transcounty Title Company
$240,000 Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
$104,000 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 $247,500
Previous Owner $232,000
Previous Owner $148,000
Previous Owner $64,400
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
09/17/2018 09/17/18 Sold $220,000 -1.1% $88 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $222,500 -- $89 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,197 $303,779 $97,418 $206,361
2024 $3,197 $297,837 $95,508 $202,329
2023 $3,154 $292,082 $93,636 $198,446
2022 $3,111 $286,300 $91,800 $194,500
2021 $2,510 $226,702 $66,986 $159,716
2020 $2,529 $224,386 $66,300 $158,086
2019 $2,489 $219,850 $65,000 $154,850
2018 $2,060 $195,500 $40,000 $155,500
2017 $2,014 $180,500 $40,000 $140,500
2016 $1,966 $175,500 $40,000 $135,500
2015 $1,931 $172,500 $40,000 $132,500
2014 $1,738 $155,500 $50,000 $105,500
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC18147701

California Regional Multiple Listing Service (CRMLS)

APN: 058-172-016

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