NOT LISTED FOR SALE

Estimated Value: $74,743

5 Beds
4 Baths
2,930 Sq Ft
$26/Sq Ft Est. Value

Last Sold September 19, 2012

Last sale price $110,000 $38 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $510/month

365 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • 5-minute walk to Bob Hart Square
  • Evaporated cooling system

About This Home

As of September 2012

This home is located at 344 W 19th St, Merced, CA 95340 since 03 July 2011 and is currently estimated at $74,743, approximately $25 per square foot. This property was built in 1915. 344 W 19th St is a home located in Merced County with nearby schools including John Muir Elementary School, Herbert Hoover Middle School, and Merced High School.

Last Agent to Sell the Property

Virginia Baker

Homenet Realty License #00968236 Listed on: 07/03/2011

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,234

Year Built

  • Built in 1915

Lot Details

  • 7,501 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,930 Sq Ft Home
  • Ranch Style House
  • Composition Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Evaporated cooling system
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for gas
  • Assessor Parcel Number 031072003

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $550
  • Trash Expense $1,068
  • Water Sewer Expense $2,760
  • New Taxes Expense $1,375
  • Gross Income $2,100
  • Net Operating Income $320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,234

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Water Sewer Expenses: 2760.00
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Parcel Number: 031072003
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Levels: Two
  • Price Per Square Foot: 37.54

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Unknown

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: No
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Trash Expense: 1068.00
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Income: 2100.00
  • Gross Scheduled Income: 2100.00
  • Insurance Expense: 550.00
  • Lot Size Area: 7501.0000 Square Feet
  • Net Operating Income: 320.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 320.00
  • Rent Control: No
  • Total Actual Rent: 2125.00

Tax Info

  • New Taxes Expense: 1375.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2018
Sold by
Nielsen Rachael Erin
Bought by
Forsman Don A and Forsman Tina J
Current Estimated Value
$74,743

Purchase Details

Closed on
Apr 3, 2014
Sold by
Western Heritage Investments Llc
Bought by
Nielsen Rachael Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 2014
Sold by
Nielsen Warren
Bought by
Nielsen Rachael Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 2012
Sold by
Nielsen Rachael Erin
Bought by
Western Heritage Investments Llc

Purchase Details

Listed on
Jul 3, 2011
Closed on
Sep 6, 2012
Sold by
Nielsen Warren
Bought by
Nielsen
Seller's Agent
Virginia Baker
Homenet Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.94%
Original Mortgage
$71,500
Interest Rate
3.55%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 3, 2011
Closed on
Aug 23, 2012
Sold by
Williams Derek and Wing Lynnellewing
Bought by
Nielsen Rachael Erin
Seller's Agent
Virginia Baker
Homenet Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
3.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 17, 2006
Sold by
Dettling Ryan
Bought by
Williams Derek and Wing Lynelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,985
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 2000
Sold by
Parr Thomas Iii Trustee
Bought by
Dettling Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,066
Interest Rate
7.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Forsman Don A $50,000 Westminster Title Company In
Nielsen Rachael Erin -- First American Title Company
Nielsen Rachael Erin -- First American Title Company
Western Heritage Investments Llc -- None Available
Nielsen -- Fidelity National Title Comp
Nielsen Rachael Erin $110,000 Fidelity National Title Comp
Williams Derek $440,000 Fidelity Natl Title Co Of Ca
Dettling Ryan $112,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nielsen Rachael Erin $140,000
Previous Owner Nielsen Rachael Erin $140,000
Previous Owner Nielsen $71,500
Previous Owner Williams Derek $65,985
Previous Owner Williams Derek $285,935
Previous Owner Dettling Ryan $38,000
Previous Owner Dettling Ryan $266,000
Previous Owner Dettling Ryan $88,100
Previous Owner Dettling Ryan $156,000
Previous Owner Dettling Ryan $141,112
Previous Owner Dettling Ryan $112,066
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2012 09/19/12 Sold $110,000 0.0% $38 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
07/03/2011 07/03/11 For Sale $110,000 -- $38 / Sq Ft
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 $1,234 $55,774 $55,774 --
2024 $1,234 $54,681 $54,681 --
2023 $1,226 $53,609 $53,609 $0
2022 $580 $52,558 $52,558 --
2021 $579 $51,528 $51,528 $0
2020 $582 $51,000 $51,000 $0
2019 $574 $50,000 $50,000 $0
2018 $188 $17,115 $15,915 $1,200
2017 $828 $73,767 $15,603 $58,164
2016 $1,298 $115,624 $15,603 $100,021
2015 $1,278 $113,906 $15,369 $98,537
2014 $1,247 $111,379 $15,068 $96,311
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC11085544

California Regional Multiple Listing Service (CRMLS)

APN: 031-072-003