NOT LISTED FOR SALE

5614 Mchenry Rd Merced, CA 95341

Estimated Value: $170,561 - $797,000

1 Acre
$348,390 Price per Acre
43,560 Sq Ft Lot

Last Sold June 29, 2018

Last sale price $105,000

Est. 226% increase in value since last sale

Current estimated payment $1,897/month

47 Days on Market

Highlights

  • No HOA
  • Partially Fenced Property
  • Grass Covered Lot

About This Lot

As of June 2018

This single acre home-site right on the outskirts of Merced is great to make your dream home a reality! With a newer well and electricity to site, this lot/land, fenced on three sides is ready for your build today! This is a rare find, with some of the work already done for your utilities and water. Create from the ground up what you would love to call your home today!

Last Agent to Sell the Property

Ravinder Singh

EXIT Realty Consultants License #01987072 Listed on: 03/30/2018

EXIT Realty Consultants

Last Buyer's Agent

Ravinder Singh

EXIT Realty Consultants License #01987072 Listed on: 03/30/2018

EXIT Realty Consultants

Property Details

Property Type

  • Land

Lot Details

  • 1 Acre Lot
  • Partially Fenced Property
  • Grass Covered Lot
  • Possible uses of the property include Agricultural,Vacant
  • Property is zoned A-1, Agricultural/Residential

Utilities

  • Well
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 066-020-010-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Acreage
  • Primary Residence: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: CC&Rs,Livestock Possible,Mineral Rights Included,Natural Hazard Disclosure Available,Restaurant Nearby,Shopping Cntr Nearby,Airport Nearby
  • Fencing: Partial
  • Horse Property: No
  • Listing Price: 120000.00
  • Road Surface Type: Paved
  • Additional Living Units: No

Utilities

  • Sewer: None
  • Water Source: Domestic Well With Pump

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning: A-1
  • Crops: None
  • Current Use: Vacant
  • Development Status: Lot Build To Suit
  • Zoning Description: Agricultural/Residential
  • Irrigation: Domestic Well
  • Lot Size Acres: 1.0000
  • Lot Size Sq Ft: 43560
  • Possible Use: Agricultural,Vacant

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 066-020-010-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jun 19, 2018
Sold by
Nijjar Tarlochan S and Nijjar Kiran Preet
Bought by
Lmg Real Estate Investing Group Llc
Seller's Agent
Ravinder Singh
EXIT Realty Consultants
Buyer's Agent
Ravinder Singh
EXIT Realty Consultants
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%
Current Estimated Value
$342,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,543
Avg. Annual Appreciation
17.24%
Original Mortgage
$80,000
Outstanding Balance
$69,341
Interest Rate
4.6%
Mortgage Type
Unknown
Estimated Equity
$279,049

Purchase Details

Listed on
Apr 9, 2016
Closed on
Sep 14, 2016
Sold by
Pearson Linda
Bought by
Nijjar Tarlochan S and Nijjar Kiran Preet
Seller's Agent
Pete Bandoni
Bandoni,Inc., Realty/Land
Buyer's Agent
Pete Bandoni
Bandoni,Inc., Realty/Land
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$45,000
Interest Rate
3.43%
Mortgage Type
Seller Take Back
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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Purchase History

Date Buyer Sale Price Title Company
Lmg Real Estate Investing Group Llc $105,000 North American Title Company
Nijjar Tarlochan S $90,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lmg Real Estate Investing Group Llc $80,000
Previous Owner Nijjar Tarlochan S $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2018 06/29/18 Sold $105,000 -12.5% --
05/16/2018 05/16/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $120,000 +33.3% --
10/04/2016 10/04/16 Sold $90,000 -5.3% -- View Prior Sale
05/26/2016 05/26/16 Pending -- -- --
04/09/2016 04/09/16 For Sale $95,000 -- --
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 $1,275 $119,468 $113,781 $5,687
2024 $1,275 $117,126 $111,550 $5,576
2023 $1,245 $114,830 $109,363 $5,467
2022 $1,237 $112,579 $107,219 $5,360
2021 $1,239 $110,372 $105,117 $5,255
2020 $1,225 $109,242 $104,040 $5,202
2019 $1,202 $107,100 $102,000 $5,100
2018 $1,019 $91,800 $89,760 $2,040
2017 $1,003 $90,000 $88,000 $2,000
2016 $204 $24,240 $23,439 $801
2015 $197 $23,876 $23,087 $789
2014 $190 $23,409 $22,635 $774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18019122

MetroList

APN: 066-020-010