3351 R St Merced, CA 95348
North Merced NeighborhoodEstimated Value: $314,622
1.3
Acres
$242,017
Price per Acre
56,628
Sq Ft Lot
Highlights
- 1.3 Acre Lot
- Park or Greenbelt View
- No HOA
About This Lot
As of October 2022Excellent development opportunity in North Merced and just a few minutes drive to Merced College and UC Merced. This 1.3 acre commercial lot is located caddy-corner from the Target Shopping Center parking lot and within walking distance to Merced Mall. Merced Mall is slated for an additional 90,000 square feet of retail, food and entertainment making it a major entertainment destination in the near future. This vacant lot measures roughly 275' X 205' and City water and sewer is available along "R" Street. Other utilities (cable, gas, etc.) should also be available from "R" Street. Beautiful tree lined setting and bordering Black Rascal Creek making this an ideal site for a professional office complex. This lot is also adjacent to a small retail strip center that includes 7-11, a laundry-mat, Pizza Villa and tons of multi-family complexes. This parcel designated PD#8 zoning, which allows for Commercial Office use but could also potentially be approved for a Multi-Family project. Buyer will need to contact the City of Merced to determine buildable square footage, ingress/egress requirements, etc.
Last Agent to Sell the Property
CB Commercial, Select Real Estate License #01819755 Listed on: 05/26/2020
Last Buyer's Agent
CB Commercial, Select Real Estate License #01819755 Listed on: 05/26/2020
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,282
Lot Details
- 1.3 Acre Lot
- No Landscaping
- Property is zoned P-D
Home Design
- Planned Development
Additional Features
- Park or Greenbelt Views
- Urban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 48
- Assessor Parcel Number 058030023000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2020
Closed on
Aug 19, 2022
Sold by
Sanchez Merced Properties Llc
Bought by
California Retail Builders Inc
Seller's Agent
Dan Gallagher
CB Commercial, Select Real Estate
Buyer's Agent
Dan Gallagher
CB Commercial, Select Real Estate
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,622
Avg. Annual Appreciation
1.69%
Purchase Details
Closed on
Dec 17, 2013
Sold by
Kll Properties Limited Partnership
Bought by
Sanchez Merced Properties Llc
Purchase Details
Closed on
Jun 25, 2008
Sold by
Kll Properties Llc
Bought by
Kll Properties Lp
Purchase Details
Closed on
Dec 14, 2007
Sold by
Castro Kathi Elizabeth
Bought by
Castro Kathi Elizabeth
Purchase Details
Closed on
Nov 28, 2001
Sold by
Campbell William M and Walker John C
Bought by
Sanchez Henry and Sanchez Valerie
Similar Properties in Merced, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| California Retail Builders Inc | $300,000 | Trans County Title | |
| Sanchez Merced Properties Llc | -- | None Available | |
| Kll Properties Lp | -- | None Available | |
| Kll Properties Lp | -- | None Available | |
| Kll Properties Lp | -- | None Available | |
| Kll Properties Llc | -- | None Available | |
| Castro Kathi Elizabeth | -- | None Available | |
| Sanchez Henry | $150,000 | Chicago Title Co |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/12/2022 10/12/22 | Sold | $300,000 | -14.3% | -- |
| 12/06/2021 12/06/21 | Pending | -- | -- | -- |
| 03/29/2021 03/29/21 | For Sale | $350,000 | 0.0% | -- |
| 03/11/2021 03/11/21 | Pending | -- | -- | -- |
| 05/26/2020 05/26/20 | For Sale | $350,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $3,282 | $306,000 | $306,000 | -- |
| 2023 | $3,236 | $300,000 | $300,000 | $0 |
| 2022 | $6,009 | $554,472 | $554,472 | $0 |
| 2021 | $5,996 | $543,600 | $543,600 | $0 |
| 2020 | $6,044 | $538,027 | $538,027 | $0 |
| 2019 | $5,958 | $527,478 | $527,478 | $0 |
| 2018 | $5,436 | $517,136 | $517,136 | $0 |
| 2017 | $5,642 | $506,997 | $506,997 | $0 |
| 2016 | $5,554 | $497,056 | $497,056 | $0 |
| 2015 | $5,466 | $489,590 | $489,590 | $0 |
| 2014 | $2,019 | $180,764 | $180,764 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Gallagher
D
Seller's Agent in 2022
Dan Gallagher
CB Commercial, Select Real Estate
14 in this area
24 Total Sales
-
Ernie Ochoa, CCIM
Seller Co-Listing Agent in 2022
Ernie Ochoa, CCIM
Keller Williams Property Team
(209) 704-7653
13 in this area
114 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MC20073162
APN: 058-030-023
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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