Seller's Agent in 2024
Aaron Vega
Tinetti Realty Group
(209) 230-3047
5 in this area
80 Total Sales
40 W 13th St Merced, CA 95341
South Merced NeighborhoodEstimated Value: $219,000 - $299,000
3
Beds
2
Baths
1,200
Sq Ft
$224/Sq Ft
Est. Value
Highlights
- Rectangular Lot
- Back and Front Yard
- 1-Story Property
About This Home
As of January 2024Incredible investment opportunity! In this market, who wouldn’t purchase a home for under $200k? Here’s your chance to purchase TWO homes (each around 600 +/- sqft) for the price of one, all on a large 11,252 sqft lot with endless potential. This property is zoned R-4 (Residential High Density) and per the city, could have additional units built, potentially up to 11 units total. Buyer to verify all information with the City.
This is the best deal in town and you won't find it anywhere else. Don't miss out!
Last Agent to Sell the Property
Tinetti Realty Group License #01807208 Listed on: 11/02/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,019
Year Built
- Built in 1927
Lot Details
- 0.26 Acre Lot
- No Common Walls
- Rectangular Lot
- Level Lot
- Back and Front Yard
- Density is up to 1 Unit/Acre
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,200 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- Parking Available
- Private Parking
- Unpaved Parking
- Uncovered Parking
Additional Features
- Rain Gutters
- Overhead Utilities
Listing and Financial Details
- Legal Lot and Block 8 / 247
- Assessor Parcel Number 031343021000
- $173 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2023
Closed on
Dec 26, 2023
Sold by
Nishka M Yudnich Revocable Trust and Hazel M Stearns Living Trust
Bought by
Ohava Properties And Development
Seller's Agent
Aaron Vega
Tinetti Realty Group
Buyer's Agent
Serina Vargas
Tinetti Realty Group
List Price
$199,999
Sold Price
$200,100
Premium/Discount to List
$101
0.05%
Views
72
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
$68,233
Avg. Annual Appreciation
10.60%
Original Mortgage
$130,000
Outstanding Balance
$128,038
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$110,629
Purchase Details
Closed on
Sep 8, 2023
Sold by
Ornelas Monica L
Bought by
Nishka M Yudnich Revocable Trust and Hazel M Stearns Living Trust
Purchase Details
Listed on
Aug 3, 2018
Closed on
Mar 5, 2019
Sold by
Global Capital Fund 3 Llc
Bought by
Ornelas Monica L
Seller's Agent
Steve Tinetti
Tinetti Realty Group
Buyer's Agent
Genaro Duran
NextHome D&G Realty Group
List Price
$195,000
Sold Price
$170,000
Premium/Discount to List
-$25,000
-12.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$134,900
Interest Rate
4.4%
Mortgage Type
Commercial
Purchase Details
Closed on
May 5, 2014
Sold by
Quero Mirka L
Bought by
Pulido Adolfo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.17%
Mortgage Type
Commercial
Purchase Details
Closed on
May 1, 2014
Sold by
Pulido Adolfo
Bought by
Global Capital Fund 3 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.17%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 16, 2010
Sold by
Pulido Cristobal
Bought by
Pulido Adolfo
Purchase Details
Closed on
Feb 23, 2001
Sold by
Perez Robert and Rubalcave Paul
Bought by
Pulido Cristobal
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 |
|---|---|---|---|
| Ohava Properties And Development | $200,500 | First American Title | |
| Nishka M Yudnich Revocable Trust | $200,806 | None Listed On Document | |
| Ornelas Monica L | $170,000 | Transcounty Title Company | |
| Pulido Adolfo | -- | First American Title Company | |
| Global Capital Fund 3 Llc | $65,000 | First American Title Company | |
| Pulido Adolfo | -- | None Available | |
| Pulido Cristobal | $50,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ohava Properties And Development | $130,000 | |
| Previous Owner | Ornelas Monica L | $134,900 | |
| Previous Owner | Global Capital Fund 3 Llc | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/02/2024 01/02/24 | Sold | $200,100 | +0.1% | $167 / Sq Ft |
| 11/14/2023 11/14/23 | Pending | -- | -- | -- |
| 11/02/2023 11/02/23 | For Sale | $199,999 | +17.6% | $167 / Sq Ft |
| 03/07/2019 03/07/19 | Sold | $170,000 | -10.5% | $15 / Sq Ft |
| 01/24/2019 01/24/19 | Pending | -- | -- | -- |
| 11/01/2018 11/01/18 | Price Changed | $189,900 | -1.6% | $17 / Sq Ft |
| 08/28/2018 08/28/18 | Price Changed | $193,000 | -1.0% | $18 / Sq Ft |
| 08/03/2018 08/03/18 | For Sale | $195,000 | -- | $18 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $3,019 | $204,102 | $204,102 | -- |
| 2024 | $3,019 | $280,000 | $100,000 | $180,000 |
| 2023 | $1,986 | $182,272 | $58,970 | $123,302 |
| 2022 | $1,959 | $178,699 | $57,814 | $120,885 |
| 2021 | $1,955 | $175,196 | $56,681 | $118,515 |
| 2020 | $1,969 | $173,400 | $56,100 | $117,300 |
| 2019 | $828 | $71,425 | $38,460 | $32,965 |
| 2018 | $755 | $70,025 | $37,706 | $32,319 |
| 2017 | $783 | $68,653 | $36,967 | $31,686 |
| 2016 | $771 | $67,308 | $36,243 | $31,065 |
| 2015 | $759 | $66,298 | $35,699 | $30,599 |
| 2014 | $695 | $60,616 | $8,360 | $52,256 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Vega
-
Serina Vargas
S
Buyer's Agent in 2024
Serina Vargas
Tinetti Realty Group
(209) 947-8572
4 in this area
34 Total Sales
-
Steve Tinetti
Seller's Agent in 2019
Steve Tinetti
Tinetti Realty Group
(209) 722-1491
2 in this area
42 Total Sales
-
Genaro Duran
Buyer's Agent in 2019
Genaro Duran
NextHome D&G Realty Group
(209) 617-4706
15 in this area
160 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MC23200473
APN: 031-343-021
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