NOT LISTED FOR SALE

Estimated Value: $135,069

0.94 Acre
$143,690 Price per Acre
40,796 Sq Ft Lot

Sale Details

Date Sold: April 24, 2024

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

Est. 5% increase in value since last sale

Current estimated payment $868 / mo

62 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Fenced
  • 0.94 Acre Lot

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

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Property Details

Property Type

  • Land

Lot Details

  • 40,796 Sq Ft 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

0.94 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Apr 17, 2024
Sold by
Bought by
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
$135,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,069
Avg. Annual Appreciation
1.99%
Original Mortgage
$103,200
Outstanding Balance
$101,196
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$33,873
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Merced, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$129,000 Old Republic Title Company
-- Old Republic Title Company
-- Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,521 $134,211 $134,211
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

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