NOT LISTED FOR SALE

3533 Merced Ave Denair, CA 95316

Estimated Value: $382,000 - $590,342

8 Beds
8 Baths
3,600 Sq Ft
$135/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $375,000 $104 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,525/month

Highlights

  • Double Pane Windows
  • Central Heating and Cooling System
  • 4 Car Garage

About This Home

As of December 2017

Beautiful 4 Townhouses with one car garage for each unit. Close to schools and shopping center.

Last Agent to Sell the Property

Satnam Singh

Reva Blue Realty, Inc. License #01725504 Listed on: 11/20/2017

Last Buyer's Agent

Carlos Cantu

West Coast Marketing Group License #01919373

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 6,599

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Built-In Electric Oven
  • Washer and Dryer Hookup

Additional Features

  • 6,599 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 024-031-056-000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

6,599 Sq Ft Lot

HOA Fees

$540 per month

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1981
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven
  • Other Equipment: None
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 389000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association Fee: 540
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Senior High School District: Denair Unified

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1515
  • Lot Size Sq Ft: 6599

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 024-031-056-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2017
Closed on
Dec 11, 2017
Sold by
Gadri Mandeep Singh
Bought by
Benik Andrej and Benik Maria
Seller's Agent
Satnam Singh
Reva Blue Realty, Inc.
Buyer's Agent
Carlos Cantu
West Coast Marketing Group
List Price
$389,000
Sold Price
$375,000
Premium/Discount to List
-$14,000
-3.6%
Current Estimated Value
$486,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,171
Avg. Annual Appreciation
3.19%

Purchase Details

Closed on
Oct 17, 2011
Sold by
Bains Narendra Kaur
Bought by
Gadri Mandeep Singh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 2011
Sold by
Rangel Reyes F and Rangel Argelia
Bought by
Gadri Mandeep Singh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2007
Sold by
Rangel Residential Property Lp
Bought by
Rangel Reyes F and Rangel Argelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2007
Sold by
Rangel Development Inc
Bought by
Rangel Residential Property Lp

Purchase Details

Closed on
Apr 13, 2000
Sold by
California Equity Management Group Inc
Bought by
Rangel Reyes F and Rangel Argelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 1996
Sold by
Bankers Trust
Bought by
California Equity Management Group

Purchase Details

Closed on
Jan 5, 1995
Sold by
Bankers Trust Co
Bought by
Bankers Trust Co
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
Benik Andrej $375,000 Chicago Title Company
Gadri Mandeep Singh -- Chicago Title
Gadri Mandeep Singh $145,000 Chicago Title Company
Rangel Reyes F -- Fidelity Natl Title Co Of Ca
Rangel Residential Property Lp -- None Available
Rangel Development Inc -- None Available
Rangel Reyes F $325,000 Chicago Title Co
California Equity Management Group $28,500 North American Title Co
Bankers Trust Co $156,379 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gadri Mandeep Singh $108,750
Previous Owner Rangel Reyes F $250,000
Previous Owner Rangel Reyes F $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2017 12/14/17 Sold $375,000 -3.6% $104 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
11/20/2017 11/20/17 For Sale $389,000 -- $108 / Sq Ft
Source: MetroList

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 $5,136 $426,681 $56,889 $369,792
2024 $5,019 $418,316 $55,774 $362,542
2023 $4,880 $410,115 $54,681 $355,434
2022 $4,778 $402,074 $53,609 $348,465
2021 $4,759 $394,191 $52,558 $341,633
2020 $4,715 $390,150 $52,020 $338,130
2019 $4,476 $382,500 $51,000 $331,500
2018 $4,500 $375,000 $50,000 $325,000
2017 $1,978 $156,924 $32,466 $124,458
2016 $1,967 $153,848 $31,830 $122,018
2015 $1,877 $151,538 $31,352 $120,186
2014 $1,872 $148,570 $30,738 $117,832
Source: Public Records

Agents Affiliated with this Home

  • Satnam Singh

    Seller's Agent in 2017

    Satnam Singh

    Reva Blue Realty, Inc.

    (510) 926-5738

    1 in this area

    55 Total Sales

    Satnam Singh
    Section Image
  • Carlos Cantu

    Buyer's Agent in 2017

    Carlos Cantu

    West Coast Marketing Group

    (209) 247-0945

    74 Total Sales

    Carlos Cantu
    Section Image
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Map

Source: MetroList

MLS Number: 17073502

MetroList

APN: 024-31-56

California Stanislaus County Denair 95316

3533 Merced Ave, Denair, CA

Not Listed for Sale

MultiFamily

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