NOT LISTED FOR SALE

3557 Merced Ave Denair, CA 95316

Estimated Value: $543,000 - $679,000

8 Beds
8 Baths
3,584 Sq Ft
$174/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $532,000 $148 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,980/month

Highlights

  • Traditional Architecture
  • Central Heating
  • 4 Car Garage
  • Double Pane Windows

About This Home

As of February 2021

Updated units with their own Garage. Each unit is 896 square feet with 2 Bedrooms/2 Bathrooms. Laundry hook-ups. Close proximity to schools, public transportation and shopping. A great investment opportunity!

Last Agent to Sell the Property

Joseph Calderon

Joseph Calderon, Broker License #01383574 Listed on: 01/15/2021

Joseph Calderon, Broker

Last Buyer's Agent

Cindy Mello

Mello Realty License #01309212

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 7,349 Sq Ft Lot

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Laundry in unit

Utilities

  • Central Heating
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 024-031-054-000

Community Details

Overview

  • Association fees include sewer water
  • 4 Units
  • Mandatory home owners association

Building Details

  • 4 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

7,349 Sq Ft Lot

HOA Fees

$135 per month

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Condominiums,Planned Unit Develop
  • Property Subtype 1: Quadruplex
  • Year Built: 1981
  • Architectural Style: Traditional
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator,Free Standing Electric Oven
  • Flooring: Tile,Laminate
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Frame,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available
  • Foundation: Slab
  • Listing Price: 550000.00
  • Lot Features: Other
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Each Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,Laundry Hook-Up in Units
  • Association Fee: 135
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Sewer, Water
  • Association: Yes

Association/Amenities

  • Mandatory Association: Yes

Schools

  • Senior High School District: Denair Unified

Lot Info

  • Zoning Description: 4-9 Income Units
  • Irrigation: None
  • Lot Size Acres: 0.1687
  • Lot Size Sq Ft: 7349

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 4

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Units: 4
  • Number of Vacant Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 024-031-054-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Feb 9, 2021
Sold by
Triple L Properties Llc
Bought by
Dessai Vikrant Venkanna and Naik Shweta Shankar
Seller's Agent
Joseph Calderon
Joseph Calderon, Broker
Buyer's Agent
Cindy Mello
Mello Realty
List Price
$550,000
Sold Price
$532,000
Premium/Discount to List
-$18,000
-3.27%
Current Estimated Value
$622,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,464
Avg. Annual Appreciation
3.13%
Original Mortgage
$399,000
Outstanding Balance
$356,242
Interest Rate
2.6%
Mortgage Type
Commercial
Estimated Equity
$266,222

Purchase Details

Closed on
Feb 10, 2009
Sold by
Long Dexter
Bought by
Triple Lproperties Llc

Purchase Details

Closed on
Feb 5, 2009
Sold by
Avelo Mortgage Llc
Bought by
Litton Loan Servicing Lp

Purchase Details

Closed on
Jan 31, 2008
Sold by
Saechao Nai
Bought by
Avelo Mortgage Llc

Purchase Details

Closed on
Aug 28, 2003
Sold by
Liow Yao Fin
Bought by
Saechao Nai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,600
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 2003
Sold by
Silva Peter
Bought by
Saechao Nai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,600
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2003
Sold by
Silva Teresa A
Bought by
Silva Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2001
Sold by
Silva Peter R
Bought by
Silva Peter R and Silva Teresa A

Purchase Details

Closed on
Oct 19, 1999
Sold by
Silva Teresa
Bought by
Silva Peter R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
7.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 16, 1999
Sold by
California Equity Management Group Inc and Tcf Properties Inc
Bought by
Silva Peter R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
7.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 20, 1998
Sold by
Sinclair Richard C and Sinclair Deborah A
Bought by
California Equity Management Group Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Dessai Vikrant Venkanna $532,000 Stewart Title Of Ca Inc
Triple Lproperties Llc -- First American Title Company
Long Dexter -- First American Title Company
Long Dexter $155,000 First American Title Company
Litton Loan Servicing Lp $155,000 First American Title Company
Avelo Mortgage Llc $295,000 United Title Company
Saechao Nai -- Chicago Title
Saechao Nai $347,000 Chicago Title
Silva Peter -- Chicago Title
Silva Peter R -- --
Silva Peter R -- Chicago Title Co
Silva Peter R $171,500 Chicago Title Co
California Equity Management Group Inc -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dessai Vikrant Venkanna $399,000
Previous Owner Saechao Nai $277,600
Previous Owner Silva Peter $210,000
Previous Owner Silva Peter R $111,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2021 02/16/21 Sold $532,000 -3.3% $148 / Sq Ft
01/15/2021 01/15/21 For Sale $550,000 -- $153 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
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 $6,856 $575,852 $54,121 $521,731
2024 $6,699 $564,561 $53,060 $511,501
2023 $6,512 $553,492 $52,020 $501,472
2022 $6,376 $542,640 $51,000 $491,640
2021 $2,335 $184,392 $59,479 $124,913
2020 $2,313 $182,503 $58,870 $123,633
2019 $2,199 $178,925 $57,716 $121,209
2018 $2,209 $175,418 $56,585 $118,833
2017 $2,149 $171,979 $55,476 $116,503
2016 $2,137 $168,608 $54,389 $114,219
2015 $2,039 $166,077 $53,573 $112,504
2014 $2,034 $162,825 $52,524 $110,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20077488

MetroList

APN: 024-31-54

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