NOT LISTED FOR SALE

332 R St Merced, CA 95341

South Merced Neighborhood
8 Beds
4 Baths
3,200 Sq Ft
0.55 Acres

Last Sold April 22, 2016

Last sale price $425,000 $133 Per Sq Ft

4 Days on Market

Highlights

  • 0.55 Acre Lot
  • No HOA
  • Refrigerated and Evaporative Cooling System
  • El Capitan High School Rated A-
  • Double Pane Windows

About This Home

As of April 2016

Attention Investors! Excellent opportunity to grow you Real Estate portfolio with this fully rented 8 unit apartment complex in Merced! Each apartment consists of 2 bedrooms, 1 bathroom and a spacious kitchen. Great opportunity to build additional units on this oversized lot which measures roughly 109 feet of street frontage and 220 feet deep. All dual pane windows and a fenced front yard for additional privacy. Close to schools, retail and bus stop. Hurry, wont last long!

Last Agent to Sell the Property

Ernie Ochoa, CCIM

Keller Williams Merced License #01247053 Listed on: 01/30/2016

Keller Williams Merced

Last Buyer's Agent

Manpreet Nagi

Compass License #01454483

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,698

Lot Details

  • 0.55 Acre Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Parking

  • 9 Open Parking Spaces
  • 1 Parking Space Included

Utilities

  • Refrigerated and Evaporative Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 032-261-018-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Building Details

  • 8 Leased Units
  • Insurance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,698

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built Details: Unknown
  • Number of Two Bedroom Units: 8
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 425000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 9
  • Parking Features: 1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Evaporative Cooler
  • Heating: Wall Furnace
  • Utilities Expenses: 5544

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R-3-1.5
  • Lot Size Acres: 0.5500
  • Lot Size Sq Ft: 23958

Rental Info

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

Multi Family

  • Gross Income: 53760
  • Income Includes: Rent Only
  • Insurance Expense: 1200
  • Number of Leased Units: 8
  • Number of Units: 8
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 032-261-018-000
  • Current RE Taxes: 3698

MLS Schools

  • School District (County): Merced

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $425,000 0.0% $133 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
01/30/2016 01/30/16 For Sale $425,000 +28.8% $133 / Sq Ft
12/20/2013 12/20/13 Sold $330,000 -5.4% $103 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
07/20/2013 07/20/13 For Sale $349,000 -- $109 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ernie Ochoa, CCIM

    Seller's Agent in 2016

    Ernie Ochoa, CCIM

    Keller Williams Merced

    (209) 704-7653

    7 in this area

    109 Total Sales

    Ernie Ochoa, CCIM
    Section Image

  • M

    Buyer's Agent in 2016

    Manpreet Nagi

    Compass

  • Demetrio Robles

    Seller's Agent in 2013

    Demetrio Robles

    Casa Robles R.E. Inc.

    (209) 614-0476

    136 Total Sales

    Demetrio Robles
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 16005198

MetroList
California Merced County Merced 95341 South Merced

332 R St, Merced, CA

This home is located at 332 R St, Merced, CA 95341 since 30 January 2016. 332 R St is a home located in Merced County with nearby schools including Margaret Sheehy Elementary School, Tenaya Middle School, and El Capitan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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