Seller's Agent in 2016
Jeff Lawry
London Properties Ltd - Merced
(209) 261-8969
4 in this area
145 Total Sales
420 N St Merced, CA 95341
South Merced Neighborhood
10
Beds
5
Baths
4,120
Sq Ft
1980
Built
Highlights
- All Bedrooms Downstairs
- No HOA
- Central Heating and Cooling System
- Traditional Architecture
- Laundry Room
- Ceiling Fan
About This Home
As of September 2016The 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
London Properties Ltd - Merced License #01310152 Listed on: 06/22/2016
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
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Home Values in the Area
Average Home Value in this Area
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 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 | $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
-
Jeff Lawry
-
NoEmail NoEmail
N
Buyer's Agent in 2016
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
8 in this area
6,243 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MC16136311
APN: 032-221-021
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