NOT LISTED FOR SALE

Estimated Value: $1,916,352

37.4 Acres
$51,239 Price per Acre
1,629,144 Sq Ft Lot

Last Sold October 18, 2021

Last sale price $1,750,000

Est. 10% increase in value since last sale

Current estimated payment $11,091/month

315 Days on Market

Highlights

  • 37.4 Acre Lot
  • No HOA
  • Neighborhood Views

About This Lot

As of October 2021

Berkshire Hathaway is pleased to present 37.4 acres of prime development land comprised of two separate parcels
located in the path of growth city of Merced. The site is located just outside the city of Merced on the Bellevue Road Technology
Corridor which provides direct access to the University of California Campus, Castle Commerce Center and Highway 99 via
Campus Parkway Expressway. The site is located between M Street and G Street, primary north/south arterial and Bellevue Rd, a
primary east/west surface road. Highway 59 is 1 mile to the west, University of California Merced is 2.76 miles east, Merced
College 1.84 Miles south.

Last Agent to Sell the Property

Dan Del Real

Del Real Commercial License #01501195 Listed on: 09/11/2020

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Property Type

  • Land

Lot Details

  • 37.4 Acre Lot
  • Density is 36-40 Units/Acre
  • 170080002
  • Property is zoned A-R

Additional Features

  • Neighborhood Views
  • Urban Location
  • Agricultural Well Water Source

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 170080003000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: A-R
  • Property Type: Land
  • Parcel Number: 170080003000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.07

Exterior Features

  • View: Neighborhood

Utilities

  • Water Source: Agricultural Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 170080002
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre
  • Lot Size Sq Ft: 1629144.00
  • Lot Size Acres: 37.4000

Multi Family

  • Lot Size Area: 37.4000 Acres

Tax Info

  • Tax Census Tract: 25.00
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2003
Sold by
Penders Thomas P and Penders Diane J
Bought by
Penders Thomas P and Penders Diane J
Current Estimated Value
$1,916,352

Purchase Details

Closed on
Feb 6, 2003
Sold by
Penders Thomas P and Penders Diane J
Bought by
Penders Thomas P and Penders Diane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
5.89%

Purchase Details

Closed on
Oct 9, 2001
Sold by
Penders Thomas and Penders Diane
Bought by
Penders Thomas P and Penders Diane J
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
Penders Thomas P -- --
Penders Thomas P -- Transcounty Title Company
Penders Thomas P -- --
Penders Thomas P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Penders Thomas P $237,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2021 10/18/21 Sold $1,750,000 0.0% --
07/23/2021 07/23/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $1,750,000 0.0% --
06/24/2021 06/24/21 For Sale $1,750,000 0.0% --
06/22/2021 06/22/21 Price Changed $1,750,000 -12.5% --
06/22/2021 06/22/21 For Sale $2,000,000 +14.3% --
06/10/2021 06/10/21 Off Market $1,750,000 -- --
04/13/2021 04/13/21 For Sale $2,000,000 0.0% --
04/02/2021 04/02/21 Pending -- -- --
09/11/2020 09/11/20 For Sale $2,000,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,845 $1,196,797 $705,703 $491,094
2024 $12,845 $1,173,331 $691,866 $481,465
2023 $12,666 $1,150,325 $678,300 $472,025
2022 $12,811 $1,130,000 $665,000 $465,000
2021 $4,694 $429,329 $76,216 $353,113
2020 $4,719 $425,203 $75,435 $349,768
2019 $4,674 $417,173 $73,956 $343,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC20189852

California Regional Multiple Listing Service (CRMLS)

APN: 170-080-003