NOT LISTED FOR SALE

Estimated Value: $59,143 - $195,000

0.34 Acre
$373,192 Price per Acre
14,832 Sq Ft Lot

Last Sold July 05, 2019

Last sale price $40,000 $105 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $711/month

2 Days on Market

Highlights

  • 0.34 Acre Lot
  • No HOA
  • Rectangular Lot
  • Wooded Lot
  • Neighborhood Views
  • Partially Fenced Property

About This Lot

As of July 2019

Great Opportunity exists to build on this South West Merced Lot near the Airport. Just located on the outskirts of the City near the City Line, this oversized lot is currently Zoned R-2, which potentially could allow for more than one unit. It is the Buyers responsibility to investigate the possibilities and contact all local municipalities to confirm. The parcel is situated near residential homes, commercial use and zoning and has Freeway access minutes away to the North.

Last Agent to Sell the Property

Scott A Oliver

Concierge Real Estate Services License #01335699 Listed on: 11/07/2017

Last Buyer's Agent

Nikki Souphilavong

London Properties Ltd - Merced License #01381544

London Properties Ltd - Merced

Property Details

Property Type

  • Land

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 87 x 174
  • Property fronts a county road
  • Partially Fenced Property
  • Wood Fence
  • Fence is in average condition
  • No Landscaping
  • Rectangular Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R-2

Additional Features

  • Neighborhood Views
  • Urban Location
  • Overhead Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 018 / 240
  • Assessor Parcel Number 059240018000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Current Use Comments: Vacant Residential Lot
  • Possible Use Comments: Residential Single Family or Multi-Family.
  • Road Frontage Type: City Street, County Road
  • Road Surface Type: Gravel, Not Maintained, Paved
  • Survey: Corners Marked
  • View: Yes
  • Zoning: R-2
  • Zoning Description: Res
  • Property Type: Land
  • Parcel Number: 059240018000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 2.70

Exterior Features

  • View: Neighborhood
  • Fencing: Average Condition, Partial, Wood
  • Trees: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Elevation: 171 Feet
  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, No Landscaping, Treed Lot, Utilities - Overhead
  • Lot Size: 87 x 174
  • Lot Size Sq Ft: 14832.00
  • Usable Land Percent: 100
  • Lot Size Acres: 0.3405

Multi Family

  • Lot Size Area: 14832.0000 Square Feet

Tax Info

  • Tax Block: 240
  • Tax Census Tract: 16.02
  • Tax Lot: 018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2018
Sold by
City Of Merced
Bought by
Merced Designated Local Authority
Current Estimated Value
$127,072

Purchase Details

Closed on
Jan 2, 2018
Sold by
Merced Designated Local Authority
Bought by
Sittre Jess and Souphilavong Nikki

Purchase Details

Closed on
Feb 23, 2017
Sold by
City Of Merced
Bought by
City Of Merced Designated Local Authorit

Purchase Details

Closed on
Apr 17, 2012
Sold by
City Of Merced Public Financing & Econom
Bought by
City Of Merced

Purchase Details

Closed on
Jan 31, 2011
Sold by
Redevelopment Agency Of The City Of Merc
Bought by
City Of Merced Public Financing & Econom

Purchase Details

Closed on
Dec 28, 2005
Sold by
Lewis Sophia C
Bought by
Redevelopment Agency Of City Of Merced
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
Merced Designated Local Authority -- None Available
Sittre Jess $40,000 Transcounty Title Company
City Of Merced Designated Local Authorit -- None Available
City Of Merced -- None Available
City Of Merced Public Financing & Econom -- None Available
Redevelopment Agency Of City Of Merced -- Transcounty Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2019 07/05/19 Sold $40,000 +14.3% $105 / Sq Ft
11/09/2017 11/09/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $35,000 -- $92 / 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 $644 $60,148 $60,148 --
2024 $644 $58,969 $58,969 --
2023 $635 $57,813 $57,813 $0
2022 $625 $56,680 $56,680 --
2021 $624 $55,569 $55,569 $0
2020 $627 $55,000 $55,000 $0
2019 $265 $22,622 $22,622 $0
2018 $241 $22,179 $22,179 $0
2017 $250 $21,745 $21,745 $0
2016 $246 $21,319 $21,319 $0
2015 $219 $18,923 $18,923 $0
2014 $176 $15,138 $15,138 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC17254525

California Regional Multiple Listing Service (CRMLS)

APN: 059-240-018