NOT LISTED FOR SALE

862 Beechcraft Ave Merced, CA 95341

Estimated Value: $489,000

0.79 Acre
$618,909 Price per Acre
34,417 Sq Ft Lot

Last Sold March 09, 2023

Last sale price $180,000

Est. 172% increase in value since last sale

Current estimated payment $2,762/month

105 Days on Market

Highlights

  • No HOA
  • El Capitan High School Rated A-
  • Rectangular Lot

About This Lot

As of March 2023

Great Opportunity to buy one of the smallest (i.e. 3/4 acre) parcels in the City that is zoned I-L (Light Industrial). Its zoning and location make it potentially eligible for a cannabis related business (Buyer should verify with the City of Merced's Planning Department). This is one of the few remaining small parcels in the Industrial Park. It has paved streets with curbs/gutters and can be connected to city water/sewer .. Ready to be built on this finished lot has access to City Sewer and Water.

Last Agent to Sell the Property

Salvador Garcia

London Properties Ltd - Merced License #01744726 Listed on: 11/10/2022

London Properties Ltd - Merced

Last Buyer's Agent

Ranjeet Singh

Keller Williams Property Team License #01351073

Keller Williams Property Team

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,123

Lot Details

  • 0.79 Acre Lot
  • Rectangular Lot
  • Property is zoned I-L

Utilities

  • Phone Available

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 059640014000
  • $291 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$2,123

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: No
  • Zoning: I-L
  • Property Type: Land
  • Parcel Number: 059640014000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 5.23

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 34417.00
  • Lot Size Acres: 0.7901

Multi Family

  • Lot Size Area: 34417.0000 Square Feet

Tax Info

  • Tax Census Tract: 15.01
  • Tax Lot: 16
  • TaxOtherAnnualAssessmentAmount: 291.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Mar 2, 2023
Sold by
Hirales Rodrigo Manriquez and Hirales Elizabeth V
Bought by
Mendonca Joseph and Mendonca Patricia
Seller's Agent
Salvador Garcia
London Properties Ltd - Merced
Buyer's Agent
Ranjeet Singh
Keller Williams Property Team
List Price
$215,000
Sold Price
$180,000
Premium/Discount to List
-$35,000
-16.28%
Views
129
Current Estimated Value
$489,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,000

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 23, 2020
Sold by
Bdh Group Llc
Bought by
Hirales Rodrigo Manriquez and Manriquez Elizabeth V
Seller's Agent
Steve Tinetti
Tinetti Realty
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$173,500
Sold Price
$155,000
Premium/Discount to List
-$18,500
-10.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
Aug 24, 2009
Sold by
Skylights Property Partnership
Bought by
Bdh Group Llc

Purchase Details

Closed on
Jul 1, 2009
Sold by
Moonlight Investment Group
Bought by
Skylights Development Group

Purchase Details

Closed on
Aug 28, 2004
Sold by
Round Mountain Developers Llc
Bought by
Moonligh Investment Group

Purchase Details

Closed on
Aug 24, 2004
Sold by
Pacific Holt Corp
Bought by
Round Mountain Developers Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mendonca Joseph $450,000 Fidelity National Title
Hirales Rodrigo Manriquez $155,000 First American Title Company
Bdh Group Llc $219,000 Fidelity Natl Title Co Of Ca
Skylights Development Group -- None Available
Moonligh Investment Group $642,500 Fidelity Natl Title Co Of Ca
Round Mountain Developers Llc $584,500 Fidelity Natl Title Co Of Ca
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2023 03/09/23 Sold $180,000 -16.3% --
02/23/2023 02/23/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $215,000 0.0% --
01/21/2023 01/21/23 Pending -- -- --
11/10/2022 11/10/22 For Sale $215,000 +38.7% --
01/05/2021 01/05/21 Sold $155,000 0.0% -- View Prior Sale
12/30/2020 12/30/20 Sold $155,000 -10.7% -- View Prior Sale
11/04/2020 11/04/20 For Sale $173,500 0.0% --
10/26/2019 10/26/19 Price Changed $173,500 -50.1% --
10/18/2018 10/18/18 For Sale $347,500 -- --
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 $2,123 $187,272 $187,272 --
2024 $2,123 $183,600 $183,600 --
2023 $1,894 $161,262 $161,262 $0
2022 $1,872 $158,100 $158,100 $0
2021 $1,890 $155,000 $155,000 $0
2020 $1,518 $122,744 $122,744 $0
2019 $1,099 $85,000 $85,000 $0
2018 $1,044 $85,000 $85,000 $0
2017 $1,077 $85,000 $85,000 $0
2016 $901 $70,000 $70,000 $0
2015 $916 $70,000 $70,000 $0
2014 $1,097 $85,000 $85,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC22239349

California Regional Multiple Listing Service (CRMLS)

APN: 059-640-014