NOT LISTED FOR SALE
10 Beds
5 Baths
4,120 Sq Ft
1980 Built

Last Sold September 23, 2016

Last sale price $335,000 $81 Per Sq Ft

35 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Central Heating and Cooling System
  • Traditional Architecture
  • Laundry Room
  • Ceiling Fan

About This Home

As of September 2016

The RIGHT investment at the RIGHT value! This 5 unit complex reflects pride of ownership and offers a great return on investment. Each unit has 2 bedrooms and 1 bath with an eat in kitchen and living room. Each unit has a back patio, designated parking space and there is a laundry room. The units are very close to Reyes Elementary School, Tenaya Middle School and Golden Valley Health Center.

Last Agent to Sell the Property

Jeff Lawry

London Properties Ltd - Merced License #01310152 Listed on: 06/22/2016

London Properties Ltd - Merced

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 10,000 Sq Ft Lot
  • Two or More Common Walls
  • Fence is in good condition

Home Design

  • Traditional Architecture
  • Property Attached
  • Turnkey
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,120 Sq Ft Home
  • Ceiling Fan
  • Electric Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • All Bedrooms Down
  • 5 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 032221021

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $30
  • Insurance Expense $1,400
  • Water Sewer Expense $3,720
  • New Taxes Expense $1,100
  • Gross Income $2,640
  • Net Operating Income $23,280

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3720.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 032221021
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 81.31
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fencing: Good Condition
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10000.00
  • Price Per Lot Square Foot: 35.00

Multi Family

  • Electric Expense: 30.00
  • Gross Income: 2640.00
  • Gross Scheduled Income: 31680.00
  • Insurance Expense: 1400.00
  • Net Operating Income: 23280.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 8400.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 1100.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $335,000 -4.3% $81 / Sq Ft
06/22/2016 06/22/16 For Sale $350,000 -- $85 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,733 $640,324 $90,202 $550,122
2024 $6,733 $627,840 $88,434 $539,406
2023 $6,640 $615,600 $86,700 $528,900
2022 $3,988 $366,204 $65,617 $300,587
2021 $3,980 $359,059 $64,331 $294,728
2020 $4,011 $355,396 $63,672 $291,724
2019 $3,952 $348,463 $62,424 $286,039
2018 $3,606 $341,665 $61,200 $280,465
2017 $3,743 $335,000 $60,000 $275,000
2016 $1,588 $140,481 $47,727 $92,754
2015 $1,563 $138,399 $47,011 $91,388
2014 $1,530 $135,724 $46,091 $89,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC16136311

California Regional Multiple Listing Service (CRMLS)

APN: 032-221-021