NOT LISTED FOR SALE
4 Beds
2 Baths
1,036 Sq Ft
7,501 Sq Ft Lot

Last Sold April 08, 2016

Last sale price $255,000 $246 Per Sq Ft

10 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2016

Great investment property 100% occupied. 3 units of 4 bedrooms and 2 bathrooms. Rental income of $2400 a month! Units rented out below market value!! Hurry this one wont last.

Last Agent to Sell the Property

Salim Farha

Realty Executives of Northern California License #01485855 Listed on: 02/08/2016

Realty Executives of Northern California

Co-Listed By

HAMDE FARHA

Fathom Realty Group, Inc. License #01736081

Last Buyer's Agent

Manuel Ortiz, Jr.

Aldina Real Estate Company License #01768926

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Lot Details

  • 7,501

Parking

  • Open Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Laminate Flooring

Additional Features

  • 7,501 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 031-324-013-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

7,501 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Other
  • Year Built: 1995
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Laminate

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rent Control
  • Listing Price: 264000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7501

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 031-324-013-000

MLS Schools

  • School District (County): Merced
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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 Prior Sale
04/08/2016 04/08/16 Sold $255,000 -3.4% $246 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $264,000 +73.7% $255 / Sq Ft
02/03/2012 02/03/12 Sold $152,000 -4.9% -- View Prior Sale
11/25/2011 11/25/11 Pending -- -- --
11/21/2011 11/21/11 For Sale $159,900 -- --
Source: MetroList

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 $3,186 $301,667 $59,186 $242,481
2024 $3,186 $295,774 $58,026 $237,748
2023 $3,142 $289,996 $56,889 $233,107
2022 $3,101 $284,331 $55,774 $228,557
2021 $3,095 $278,778 $54,681 $224,097
2020 $3,118 $275,931 $54,121 $221,810
2019 $3,074 $270,647 $53,060 $217,587
2018 $2,804 $265,259 $52,020 $213,239
2017 $2,911 $260,079 $51,000 $209,079
2016 $1,832 $162,326 $15,915 $146,411
2015 $1,824 $160,009 $15,676 $144,333
2014 $1,687 $156,793 $15,369 $141,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16007084

MetroList

APN: 031-324-013

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