Investment Opportunity: Steady Income-Producing Rental
Prime Merced Location | The property features an HVAC system. Please note: The earlier description of a ‘new HVAC system” was an error due to a miscommunication. The system is a new (modern) central heat/ AC system not the original 1940’s design.
SHE NEEDS A STYLE MAKEOVER BUT HER BONES ARE GOOD. Are you ready to turn your HGTV dreams into reality? This charming 1946 home, nestled in the heart of Merced, offers the perfect blend of character and potential.
Key Features:
This area is HOT. As North Merced develops, the prices will be going crazy. Get in while you still can.
Strong Rental History: Generate steady income with this proven rental property.
Recent Updates: Enjoy peace of mind with new central heating/air and double-paned windows.
Prime Location: Conveniently located near Raley's shopping center and UC Merced.
Expansive Lot: Explore endless possibilities with a generous 6,970 sq ft lot.
Investment Potential: Maximize your return with potential ADU development or home expansion.
Imagine the possibilities!
Rental Income: Rent to college students, working families, or even older relatives.
Airbnb Potential: Convert into a profitable short-term rental.
Outdoor Oasis: Create a backyard sanctuary with a garden, patio, or fire pit.
Don't miss this opportunity to own a rental in Merced before the prices go up in the area even more. Schedule a showing today!
Last Agent to Sell the Property
Zoe Alexander
Realty Executives Of Northern California Brokerage Phone: 209-347-7264 License #02054494 Listed on: 07/28/2024
$375,000
Great and spacious two story home on a very private end of the street This magnificent home offers; great view with 4 Bedrooms, 2.5 Bathrooms, living room, Family room and very spacious kitchen with dining room, Laundry room and half a bath down stairs and All Bedrooms are upstairs, Nice back yard with covered patio to enjoy this Summer, walking distance to Pioneer Elementary School and Weaver
Moe Jawad Keller Williams Merced
$345,000
Welcome to this beautiful updated 5-bedroom home, thoughtfully designed for comfort, function, and style. Step inside and discover the newer interior paint, elegant tile flooring throughout, and updated dual-pane windows that will make your home more efficient. The modern kitchen is a true highlight, featuring sleek granite countertops, a decorative tile backsplash, and the perfect color blend
Martin Villanueva Realty Executives of Northern California
$355,000
This is a turnkey, beautiful home! The seller has done an incredible job at maintaining home. Home has a spacious 3rd room that is currently used as a bedroom, but can be used as a den or office. Electric fireplace insert in living room that boasts a cozy feeling. Updated kitchen with large amount of counter space; Granite counters, and all new stainless steel appliances that were purchased in
Ashley Simpson Home Buyers Realty
$350,000
Charming 3-Bed, 2-Bath Home in the Heart of Merced! 🏡 Welcome to 3557 M St., a 3-bedroom, 2-bath residence offering 1,752 square feet of comfortable living space in a prime Merced location. This inviting home features classic charm and a spacious layout, making it perfect for families, first-time buyers, or investors. Step inside to discover a well-appointed kitchen and a cozy living
Phillip May Keller Williams Merced
$345,000
Welcome to 822 Seneca Dr, Merced! This well-cared-for home is the perfect starter in desirable North Merced. Featuring a functional layout and a spacious yard, it offers comfort, charm, and convenience close to parks, schools, and shopping. Don't miss this great opportunity!
Brian Raymond Keller Williams Merced
$349,950
Tons of potential for this home. Open floor plan, great area, huge yard! Needs TLC. Tenant occupied till 3/26.
Brian Brazeal RE/MAX Executive
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | First American Title | |
| Grant Deed | $295,000 | First American Title | |
| Grant Deed | $250,000 | New Title Company Name | |
| Grant Deed | -- | None Available | |
| Grant Deed | $88,000 | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Transcounty Title Company | |
| Grant Deed | $67,000 | Transcounty Title Company | |
| Trustee Deed | $148,050 | First American Title Co | |
| Interfamily Deed Transfer | -- | Fidelity Title Company |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $205,000 | New Conventional | |
| Previous Owner | $29,970 | Credit Line Revolving | |
| Previous Owner | $240,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $170,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $94,400 | Unknown | |
| Previous Owner | $172,550 | Unknown | |
| Previous Owner | $50,000 | Purchase Money Mortgage |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2024 12/27/24 | Sold | $295,000 | -1.3% | $304 / Sq Ft |
| 11/25/2024 11/25/24 | Pending | -- | -- | -- |
| 11/02/2024 11/02/24 | Price Changed | $299,000 | -8.0% | $308 / Sq Ft |
| 09/30/2024 09/30/24 | For Sale | $325,000 | +10.2% | $335 / Sq Ft |
| 09/29/2024 09/29/24 | Off Market | $295,000 | -- | -- |
| 08/21/2024 08/21/24 | Price Changed | $325,000 | -13.3% | $335 / Sq Ft |
| 07/28/2024 07/28/24 | For Sale | $375,000 | +50.0% | $386 / Sq Ft |
| 04/08/2022 04/08/22 | Sold | $250,000 | +0.4% | $257 / Sq Ft |
| 02/21/2022 02/21/22 | Pending | -- | -- | -- |
| 02/09/2022 02/09/22 | For Sale | $249,000 | -- | $256 / Sq Ft |
| 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 | $2,792 | $295,000 | $120,000 | $175,000 |
| 2024 | $2,792 | $260,100 | $88,434 | $171,666 |
| 2023 | $2,753 | $255,000 | $86,700 | $168,300 |
| 2022 | $1,075 | $98,160 | $44,618 | $53,542 |
| 2021 | $1,072 | $96,237 | $43,744 | $52,493 |
| 2020 | $1,079 | $95,251 | $43,296 | $51,955 |
| 2019 | $1,063 | $93,385 | $42,448 | $50,937 |
| 2018 | $895 | $91,555 | $41,616 | $49,939 |
| 2017 | $928 | $89,760 | $40,800 | $48,960 |
| 2016 | $912 | $88,000 | $40,000 | $48,000 |
| 2015 | $824 | $73,220 | $43,715 | $29,505 |
| 2014 | $807 | $71,787 | $42,859 | $28,928 |
Z
Seller's Agent in 2024
Zoe Alexander
Realty Executives
Buyer's Agent in 2024
David Maclachlan
First 1st Choice Realty Group
(209) 947-2112
16 in this area
58 Total Sales
J
Seller's Agent in 2022
Josh Anastasio
London Properties Ltd - Merced
(209) 201-7057
4 in this area
6 Total Sales
N
Buyer's Agent in 2022
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
3 in this area
5,778 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MC24154892
APN: 006-062-013
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