NOT LISTED FOR SALE

Estimated Value: $471,844

4.05 Acres
$116,505 Price per Acre
176,418 Sq Ft Lot

Last Sold March 18, 2021

Last sale price $300,000

Est. 57% increase in value since last sale

Current estimated payment $2,888/month

160 Days on Market

Highlights

  • 4.05 Acre Lot
  • Neighborhood Views
  • Rectangular Lot
  • No HOA

About This Lot

As of March 2021

4.05 acres of land in south east Merced. Good sight for industrial use. Adjacent to Merced Natural Stone. Great access to South Highway 59, Highway 99 and Highway 140. MID water standby. Utilities are near by.

Last Agent to Sell the Property

Debbie Engel

London Properties Ltd - Merced License #01775282 Listed on: 09/10/2020

London Properties Ltd - Merced

Last Buyer's Agent

Debbie Engel

London Properties Ltd - Merced License #01775282 Listed on: 09/10/2020

London Properties Ltd - Merced

Property Details

Property Type

  • Land

Lot Details

  • 4.05 Acre Lot
  • Rural Setting
  • Rectangular Lot
  • Property is zoned M-2

Property Views

  • Neighborhood Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 259150040000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: M-2
  • Property Type: Land
  • Parcel Number: 259150040000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.70

Exterior Features

  • View: Neighborhood

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 176418.00
  • Lot Size Acres: 4.0500

Multi Family

  • Lot Size Area: 176418.0000 Square Feet

Tax Info

  • Tax Census Tract: 16.02
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Feb 22, 2021
Sold by
Verceles Theodore C and Verceles 2014 Living Trust
Bought by
Evans Steven A and Evans Laurie M
Seller's Agent
Debbie Engel
London Properties Ltd - Merced
Buyer's Agent
Debbie Engel
London Properties Ltd - Merced
List Price
$380,000
Sold Price
$300,000
Premium/Discount to List
-$80,000
-21.05%
Current Estimated Value
$471,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,844
Original Mortgage
$300,000
Outstanding Balance
$268,317
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2017
Sold by
Verceles Theodore C
Bought by
Verceles Theodore C

Purchase Details

Closed on
Mar 11, 2014
Sold by
Verceles Theodore C and Verceles Priscilla A
Bought by
Verceles 2014 Living Trust

Purchase Details

Closed on
Apr 28, 2003
Sold by
Minor Eldon and Minor Juanita D
Bought by
Verceles Theodore Cuenca and Verceles Priscilla Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.71%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Evans Steven A $300,000 Transcounty Title Company
Verceles Theodore C -- None Available
Verceles 2014 Living Trust -- None Available
Verceles Theodore C -- None Available
Verceles Theodore Cuenca $75,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Steven A $300,000
Previous Owner Verceles Theodore Cuenca $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2021 03/18/21 Sold $300,000 -14.3% --
02/17/2021 02/17/21 Pending -- -- --
10/27/2020 10/27/20 Price Changed $350,000 -7.9% --
10/19/2020 10/19/20 For Sale $380,000 0.0% --
10/07/2020 10/07/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $380,000 -- --
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 $4,986 $471,119 $355,941 $115,178
2024 $4,986 $446,882 $348,962 $97,920
2023 $4,887 $438,120 $342,120 $96,000
2022 $3,344 $306,000 $306,000 --
2021 $1,130 $100,345 $100,345 $0
2020 $1,117 $99,317 $99,317 $0
2019 $1,093 $97,370 $97,370 $0
2018 $1,059 $95,461 $95,461 $0
2017 $1,042 $93,590 $93,590 $0
2016 $1,051 $91,755 $91,755 $0
2015 $1,020 $90,377 $90,377 $0
2014 $990 $88,607 $88,607 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC20188753

California Regional Multiple Listing Service (CRMLS)

APN: 259-150-040