NOT LISTED FOR SALE

Estimated Value: $141,932 - $210,000

1.1 Acres
$159,969 Price per Acre
47,916 Sq Ft Lot

Last Sold November 30, 2020

Last sale price $98,500

Est. 79% increase in value since last sale

Current estimated payment $1,016/month

124 Days on Market

About This Lot

As of November 2020

One acre vacant lot in town. Zoned multiunit R2. It had two homes on it previously and were demolished by current owners. City water at site. Electricity at sight, will need get meter(s). Buyers to do their research on current use. Sellers are related to the listing agent and listing agent has partial ownership in the lot.

Last Agent to Sell the Property

Satnam Singh

Reva Blue Realty, Inc. License #01725504 Listed on: 07/09/2020

Last Buyer's Agent

Ernie Ochoa, CCIM

Keller Williams Merced License #01247053

Keller Williams Merced

Property Details

Property Type

  • Land

Lot Details

  • 1.1 Acre Lot
  • Possible uses of the property include Residential
  • Property is zoned R2, Multi-Residential

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 259-040-021-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • Primary Residence: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: Natural Hazard Disclosure Available,Other
  • Listing Price: 139000.00
  • Lot Features: Street Light(s)
  • Road Surface Type: Paved
  • Additional Living Units: No

Utilities

  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning: R2
  • Crops: None
  • Current Use: Multi-Family
  • Development Status: See Remarks
  • Zoning Description: Multi-Residential
  • Irrigation: None
  • Lot Size Acres: 1.1000
  • Lot Size Sq Ft: 47916
  • Possible Use: Residential

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 259-040-021-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Nov 24, 2020
Sold by
Singh Tarseem and Kaur Baljinder
Bought by
Lomeli Ramon E and Lomeli Luz Maria
Seller's Agent
Satnam Singh
Reva Blue Realty, Inc.
Buyer's Agent
Ernie Ochoa, CCIM
Keller Williams Merced
List Price
$139,000
Sold Price
$98,500
Premium/Discount to List
-$40,500
-29.14%
Current Estimated Value
$175,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,466
Avg. Annual Appreciation
12.13%

Purchase Details

Closed on
Aug 21, 2006
Sold by
Singh Satnam
Bought by
Singh Tarseem and Kaur Baljinder

Purchase Details

Closed on
Dec 22, 2004
Sold by
Woodard Linda Jean
Bought by
Singh Satnam and Singh Hardeep

Purchase Details

Closed on
Dec 9, 2004
Sold by
Woodard Houston
Bought by
Woodard Linda Jean

Purchase Details

Closed on
Jul 22, 2002
Sold by
Roland Eva Lee
Bought by
Woodard Linda Jean
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
Lomeli Ramon E $98,500 First American Title Company
Singh Tarseem -- None Available
Singh Satnam $90,000 Fidelity Natl Title Co Of Ca
Woodard Linda Jean -- Fidelity Natl Title Co Of Ca
Woodard Linda Jean -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $98,500 -29.1% --
11/10/2020 11/10/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $139,000 -- --
Source: MetroList

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 $1,131 $106,618 $106,618 --
2024 $1,131 $104,528 $104,528 --
2023 $1,115 $102,479 $102,479 $0
2022 $1,099 $100,470 $100,470 $0
2021 $1,097 $98,500 $98,500 $0
2020 $1,020 $90,000 $90,000 $0
2019 $1,025 $90,000 $90,000 $0
2018 $743 $70,000 $70,000 $0
2017 $786 $70,000 $70,000 $0
2016 $789 $70,000 $70,000 $0
2015 $1,067 $95,000 $95,000 $0
2014 $1,065 $95,000 $95,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20039665

MetroList

APN: 259-040-021