Seller's Agent in 2019
Jacob Morgner
Tinetti Realty Group
(209) 617-2679
6 in this area
22 Total Sales
Great opportunity to invest in a nice quiet area of Downtown Merced! The property currently generates $2,900 per month in gross income.
6 units composed of: 1911 O St - 3 bed 2 bath, 1921 O St - 1 bed 1 bath, 1923 O St - 1 bed 1 bath, 807 W 19th #2 - 1 bed 1 bath, 807 W 19th #3 - Studio, 807 W 19th #4 - Studio. Rents are currently below market which creates great upside potential with this investment.
Very close proximity to restaurants, theaters and other downtown entertainment. Neighboring properties are professional offices as well as single family and multifamily residences.
Last Agent to Sell the Property
Tinetti Realty Group License #01882378 Listed on: 08/08/2018
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/26/2019 04/26/19 | Sold | $310,000 | -20.3% | $53 / Sq Ft |
| 04/19/2019 04/19/19 | Pending | -- | -- | -- |
| 03/13/2019 03/13/19 | For Sale | $389,000 | 0.0% | $67 / Sq Ft |
| 02/23/2019 02/23/19 | Pending | -- | -- | -- |
| 02/15/2019 02/15/19 | Price Changed | $389,000 | -9.5% | $67 / Sq Ft |
| 01/07/2019 01/07/19 | Price Changed | $430,000 | -4.2% | $74 / Sq Ft |
| 09/04/2018 09/04/18 | For Sale | $449,000 | 0.0% | $77 / Sq Ft |
| 08/20/2018 08/20/18 | Pending | -- | -- | -- |
| 08/08/2018 08/08/18 | For Sale | $449,000 | -- | $77 / 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 | $3,659 | $347,506 | $83,661 | $263,845 |
| 2024 | $3,659 | $340,896 | $82,021 | $258,875 |
| 2023 | $3,607 | $334,079 | $80,413 | $253,666 |
| 2022 | $3,560 | $327,563 | $78,837 | $248,726 |
| 2021 | $3,552 | $321,175 | $77,292 | $243,883 |
| 2020 | $3,582 | $318,070 | $76,500 | $241,570 |
| 2019 | $3,873 | $342,631 | $51,927 | $290,704 |
| 2018 | $3,332 | $316,700 | $75,000 | $241,700 |
| 2017 | $2,750 | $246,700 | $75,000 | $171,700 |
| 2016 | $2,616 | $233,700 | $75,000 | $158,700 |
| 2015 | $2,480 | $221,700 | $70,000 | $151,700 |
| 2014 | $2,252 | $201,700 | $60,000 | $141,700 |
Seller's Agent in 2019
Jacob Morgner
Tinetti Realty Group
(209) 617-2679
6 in this area
22 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MC18192692
APN: 031-043-009