NOT LISTED FOR SALE
8 Beds
4 Baths
3,068 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: March 11, 2016

Last sale price $295,300 $96 Per Sq Ft

10 Days on Market

About This Home

As of March 2016

Excellent opportunity to grow you Real Estate portfolio with this very well taken care of 6 unit apartment complex. Each apartment consists of 2BR, 1BA, vaulted ceilings, HVAC and a spacious kitchen. The lower units have their own private small yard and the upper units have their own balcony's. Tenants will enjoy the metal covered parking area, plenty of street parking since this is a corner lot, community coin-op laundry room and a storage unit for each unit. Hurry, won't last long!

Last Agent to Sell the Property

Ernie Ochoa, CCIM

Keller Williams Merced License #01247053 Listed on: 01/25/2016

Keller Williams Merced

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.3

Home Design

  • Composition Roof

Parking

  • 3 Open Parking Spaces
  • Carport

Additional Features

  • 2-Story Property
  • 13,068 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv gas
  • Assessor Parcel Number 003-075-003-000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Additional Features

  • Laundry Facilities
  • 6 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0.3 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1978
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 299900.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 3
  • Covered Parking Spaces: 6
  • Parking Features: Carport

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Heating: Central,Natural Gas

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R-T
  • Lot Size Acres: 0.3000
  • Lot Size Sq Ft: 13068

Rental Info

  • Tenant Pays: Cable TV,Gas
  • Total # Leasable: 6

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 6
  • Number of Units: 6
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 003-075-003-000

MLS Schools

  • School District (County): Merced

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

Closed on
Dec 7, 2016
Sold by
Bought by

Purchase Details

Listed on
Jan 25, 2016
Closed on
Feb 29, 2016
Sold by
Bought by
Seller's Agent
Ernie Ochoa, CCIM
Keller Williams Merced
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$299,900
Sold Price
$295,300
Premium/Discount to List
-$4,600
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,710
Interest Rate
3.79%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 5, 2013
Closed on
Jan 28, 2014
Sold by
Bought by
Seller's Agent
Larrae Iencarelli
Century 21 Select Real Estate
Buyer's Agent
Ernie Ochoa, CCIM
Keller Williams Property Team
List Price
$269,000
Sold Price
$224,000
Premium/Discount to List
-$45,000
-16.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.28%
Original Mortgage
$168,750
Interest Rate
4.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2005
Sold by
Bought by

Purchase Details

Closed on
May 15, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$350,000 First American Title Company
$295,500 First American Title Company
$225,000 First American Title Company
-- None Available
-- --
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
Previous Owner $206,710
Previous Owner $168,750
Previous Owner $150,000
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 Prior Sale
03/11/2016 03/11/16 Sold $295,300 -1.5% $96 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $299,900 +33.9% $98 / Sq Ft
02/14/2014 02/14/14 Sold $224,000 -16.7% -- View Prior Sale
01/13/2014 01/13/14 Pending -- -- --
01/26/2012 01/26/12 For Sale $269,000 -- --
Source: MetroList

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
2025 $4,286 $406,070 $92,843 $313,227
2024 $4,286 $397,944 $91,023 $306,921
2023 $4,174 $390,184 $89,239 $300,945
2022 $4,130 $382,576 $87,490 $295,086
2021 $4,139 $375,327 $85,775 $289,552
2020 $4,092 $371,293 $84,896 $286,397
2019 $3,916 $364,055 $83,232 $280,823
2018 $3,821 $356,958 $81,600 $275,358
2017 $3,775 $350,210 $80,000 $270,210
2016 $2,527 $232,962 $51,776 $181,186
2015 $2,497 $229,477 $50,999 $178,478
2014 $2,394 $220,900 $50,000 $170,900
Source: Public Records

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Map

Source: MetroList

MLS Number: 16004354

MetroList

APN: 003-075-003

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