NOT LISTED FOR SALE

Estimated Value: $130,000 - $159,000

0.94 Acre
$150,848 Price per Acre
40,946 Sq Ft Lot

Last Sold April 24, 2024

Last sale price $129,000 $3 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $766/month

62 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • 1-minute walk to Gilbert Macias Park
  • 0.94 Acre Lot
  • Fenced

About This Lot

As of April 2024

Welcome to 56 E Childs Avenue, Merced, CA. This expansive 40,796 square feet lot, approximately 0.94 acres, is strategically located in the desirable [specific neighborhood]. Zoned R-2, it offers endless potential for developers, investors, or dream project builders. Whether you envision residential, commercial, or mixed-use development, this blank canvas is ready for your creative touch. What sets this property apart is the flexibility it offers. The seller has graciously permitted a neighbor to allow livestock, including goats and one horse, to graze on the land. However, rest assured that upon the close of escrow (COE), the lot will be delivered vacant, with all livestock removed. This unique feature adds to the allure of this already exceptional opportunity. Imagine the possibilities that await on this sprawling canvas – from crafting a vibrant residential community to establishing a thriving commercial hub, the potential for transformative impact is immense. This is your chance to shape the landscape of the community and leave a lasting legacy for generations to come. Don't miss out on this rare opportunity to acquire prime real estate in Merced, CA. Take the first step towards realizing your vision and schedule a viewing today.

Last Agent to Sell the Property

Kennard Mcleod

MetroCity Realty License #01276388 Listed on: 01/11/2024

Last Buyer's Agent

Estela Torres

License #02194470

Property Details

Property Type

  • Land

Lot Details

  • 0.94 Acre Lot
  • Fenced
  • Property is zoned R-2

Horse Facilities and Amenities

  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Bay East Association

Listing and Financial Details

  • Assessor Parcel Number 259032023000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 0.94
  • Directions: G Street to E Childs Ave
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Fencing: Fenced
  • Lot Features: Horses Possible, Level

Utilities

  • Utilities: None
  • Electricity On Property: No

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Zoning: R-2
  • Lot Size Sq Ft: 40796
  • Parcel Number: 259032023000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Apr 17, 2024
Sold by
Mata Maria Patricia
Bought by
Mata Arturo
Seller's Agent
Kennard Mcleod
MetroCity Realty
Buyer's Agent
Estela Torres
List Price
$175,000
Sold Price
$129,000
Premium/Discount to List
-$46,000
-26.29%
Views
69
Current Estimated Value
$141,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,797
Avg. Annual Appreciation
5.79%
Original Mortgage
$103,200
Outstanding Balance
$101,769
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$40,028
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
Mata Arturo -- Old Republic Title Company
Viorato Eligio Mata -- Old Republic Title Company
Mata Arturo $129,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mata Arturo $103,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $129,000 -- --
04/24/2024 04/24/24 Sold $129,000 -7.9% $3 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $139,999 -20.0% $3 / Sq Ft
01/11/2024 01/11/24 For Sale $175,000 -- $4 / Sq Ft
Source: Bay East Association of REALTORS®

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 $272 $131,580 $131,580 --
2024 $272 $19,513 $19,513 --
2023 $269 $19,131 $19,131 $0
2022 $265 $18,756 $18,756 --
2021 $264 $18,389 $18,389 $0
2020 $264 $18,201 $18,201 $0
2019 $261 $17,845 $17,845 $0
2018 $241 $17,496 $17,496 $0
2017 $248 $17,153 $17,153 $0
2016 $476 $35,311 $16,817 $18,494
2015 $396 $34,782 $16,565 $18,217
2014 $412 $34,102 $16,241 $17,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41047265

Bay East Association of REALTORS®

APN: 259-032-023