NOT LISTED FOR SALE

504 E Mission Ave Merced, CA 95341

Estimated Value: $476,000

9.7 Acres
$49,072 Price per Acre
422,532 Sq Ft Lot

Last Sold December 06, 2023

Last sale price $510,000

Est. 7% decrease in value since last sale

Current estimated payment $2,980/month

102 Days on Market

Highlights

  • 9.7 Acre Lot
  • No HOA
  • Crops
  • Fruit Trees
  • Agricultural

About This Lot

As of December 2023

A great opportunity to own about 10 acres of Ag land in Merced, home of UC Merced. Currently, there are young almond trees planted about 4 years ago. The varieties are Nonpareil & Monterey. There was a house on the property at one point but was demolished by previous owners. The property is located close to a new residential subdivision being built. This subdivision is diagonal from the property. Electricity at the property. The drip system for the orchard is connected to a well and pump. MID (Merced Irrigation District) irrigation water is also available. Not too far from Hwy 99 and Hwy 59. Close to schools.

Last Agent to Sell the Property

Satnam Singh

Reva Blue Realty, Inc. License #01725504 Listed on: 06/15/2023

Last Buyer's Agent

Satnam Singh

Reva Blue Realty, Inc. License #01725504 Listed on: 06/15/2023

Property Details

Property Type

  • Land

Lot Details

  • 9.7 Acre Lot
  • Fruit Trees
  • Possible uses of the property include Agricultural, Residential
  • Property is zoned A1, Agricultural,Agricultural/Residential

Farming

  • Crops
  • Agricultural

Utilities

  • Well
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066-061-006-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Agriculture
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Horse Property: No
  • Listing Price: 539000.00
  • Lot Features: Building Pad
  • Road Frontage: City Street
  • Topography: Agricultural Leveled
  • Additional Living Units: No

Utilities

  • Sewer: None
  • Utilities: Other
  • Electric: Electric Available
  • Water Source: Domestic Well With Pump

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning: A1
  • Crops: Almond
  • Current Use: Agricultural
  • Development Status: Farm Land
  • Zoning Description: Agricultural,Agricultural/Residential
  • Irrigation: District, Well
  • Lot Size Acres: 9.7000
  • Lot Size Sq Ft: 422532.00
  • Possible Use: Agricultural, Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Income Includes: Crop(s)

Tax Info

  • Assessor Parcel Number: 066-061-006-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Nov 29, 2023
Sold by
Atwal Satwinder S and Atwal Ravneet
Bought by
Mission Ave Mc Llc
Seller's Agent
Satnam Singh
Reva Blue Realty, Inc.
Buyer's Agent
Satnam Singh
Reva Blue Realty, Inc.
List Price
$539,000
Sold Price
$510,000
Premium/Discount to List
-$29,000
-5.38%
Views
231
Current Estimated Value
$476,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,000
Avg. Annual Appreciation
-3.29%
Original Mortgage
$1,006,217
Outstanding Balance
$990,422
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
-$514,422

Purchase Details

Listed on
Oct 12, 2020
Closed on
Jan 26, 2021
Sold by
Pioneer Farms Llc
Bought by
Atwal Satwinder S and Atwal Ravneet
Seller's Agent
Terry Priest
Roberta Flanagan Realtor, Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$475,000
Sold Price
$345,000
Premium/Discount to List
-$130,000
-27.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%
Original Mortgage
$180,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 12, 2014
Closed on
Dec 18, 2014
Sold by
Orchard Terrace Estates Llc
Bought by
Pioneer Farms Llc
Seller's Agent
Andy Krotik
Keller Williams Property Team
Buyer's Agent
Andy Krotik
Keller Williams Property Team
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.63%
Original Mortgage
$35,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2014
Sold by
Mcdonald Salli Anitra
Bought by
Orchard Tarrace Estate Llc

Purchase Details

Closed on
Aug 31, 2010
Sold by
Mcdonald Salli Anitra
Bought by
Mcdonald Salli Anitra and Brown William V
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
Mission Ave Mc Llc $510,000 Wfg National Title
Atwal Satwinder S $345,000 Fidelity National Title Co
Pioneer Farms Llc $135,000 First American Title Company
Orchard Tarrace Estate Llc $75,327 Accommodation
Mcdonald Salli Anitra -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mission Ave Mc Llc $1,006,217
Previous Owner Atwal Satwinder S $180,000
Previous Owner Pioneer Farms Llc $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2023 12/06/23 Sold $510,000 -5.4% --
09/25/2023 09/25/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $539,000 +56.2% --
02/09/2021 02/09/21 Sold $345,000 -13.5% -- View Prior Sale
12/17/2020 12/17/20 Pending -- -- --
12/14/2020 12/14/20 Price Changed $399,000 -13.3% --
10/30/2020 10/30/20 Price Changed $460,000 -3.2% --
10/12/2020 10/12/20 For Sale $475,000 +251.9% --
01/07/2015 01/07/15 Sold $135,000 -3.5% -- View Prior Sale
12/11/2014 12/11/14 Pending -- -- --
10/22/2014 10/22/14 For Sale $139,900 -- --
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 $5,830 $520,200 $377,400 $142,800
2024 $5,830 $510,000 $370,000 $140,000
2023 $3,943 $361,024 $301,716 $59,308
2022 $3,510 $316,200 $295,800 $20,400
2021 $1,971 $171,483 $149,889 $21,594
2020 $1,949 $169,726 $148,353 $21,373
2019 $1,862 $166,399 $145,445 $20,954
2018 $1,718 $155,294 $142,594 $12,700
2017 $1,553 $139,799 $139,799 $0
2016 $1,566 $137,058 $137,058 $0
2015 $1,519 $135,000 $135,000 $0
2014 $897 $80,161 $80,161 $0
Source: Public Records

Agents Affiliated with this Home

  • Satnam Singh

    Seller's Agent in 2023

    Satnam Singh

    Reva Blue Realty, Inc.

    (510) 926-5738

    60 Total Sales

    Satnam Singh
    Section Image
  • Terry Priest

    Seller's Agent in 2021

    Terry Priest

    Roberta Flanagan Realtor, Inc

    (209) 777-4283

    114 Total Sales

    Terry Priest
    Section Image
  • Peggy Flanagan

    Seller Co-Listing Agent in 2021

    Peggy Flanagan

    Roberta Flanagan Realtor, Inc

    (209) 777-4282

    123 Total Sales

    Peggy Flanagan
    Section Image

  • N

    Buyer's Agent in 2021

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6,160 Total Sales

    NoEmail NoEmail
    Section Image
  • Andy Krotik

    Seller's Agent in 2015

    Andy Krotik

    Keller Williams Property Team

    (209) 756-1579

    195 Total Sales

    Andy Krotik
    Section Image
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Map

Source: MetroList

MLS Number: 223055205

MetroList

APN: 066-061-006

California Merced County Merced 95341

504 E Mission Ave, Merced, CA

Not Listed for Sale

Lots

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