NOT LISTED FOR SALE

879 E Gerard Ave Merced, CA 95341

South Merced Neighborhood

Estimated Value: $273,421

6.24 Acres
$43,817 Price per Acre
271,814 Sq Ft Lot

Last Sold November 25, 2020

Last sale price $215,000

Est. 27% increase in value since last sale

Current estimated payment $1,657/month

45 Days on Market

Highlights

  • 6.24 Acre Lot
  • No HOA
  • Property is Fully Fenced

About This Lot

As of November 2020

6.24 acres of M-2 zoned acreage in the County. Within close proximity to the City of Merced and easy access to Hwy 99. Competively priced as compared to other M-2 zoned properties. M-2 General Manufacturing Zone. The purpose of the M-2 General Manufacturing Zone is to provide for all types of manufacturing, distribution, and storage uses. Uses within this zone tend to have moderate to high nuisance characteristics (i.e., noise, heat, glare, odor, and vibration) which may require buffering and separation from incompatible uses (i.e., residential and office commercial). Typical uses in this zone include manufacturing of motor vehicles, asphaltic materials, glass, and paint products. This zone implements the Industrial (I) land use designation in the General Plan.

Last Agent to Sell the Property

Steve Tinetti

Tinetti Realty License #00475070 Listed on: 08/31/2020

Last Buyer's Agent

Steve Tinetti

Tinetti Realty License #00475070 Listed on: 08/31/2020

Property Details

Property Type

  • Land

Lot Details

  • 6.24 Acre Lot
  • Property is Fully Fenced
  • Irregular Lot
  • Possible uses of the property include Industrial,See Remarks,Other
  • Property is zoned M-2, Industrial,See Remarks

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 259-150-045-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Commercial Lot
  • Primary Residence: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: Natural Hazard Disclosure Available,Preliminary Title Report,See Remarks
  • Fencing: Full
  • Listing Price: 225000.00
  • Lot Features: Shape Irregular
  • Road Surface Type: Paved,Unimproved
  • Additional Living Units: No

Utilities

  • Sewer: Unknown,None
  • Utilities: See Remarks
  • Water Source: Domestic Well With Pump,See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning: M-2
  • Crops: None
  • Current Use: Commercial,Industrial,See Remarks
  • Development Status: See Remarks
  • Zoning Description: Industrial,See Remarks
  • Irrigation: None,See Remarks
  • Lot Size Acres: 6.2400
  • Lot Size Sq Ft: 271814
  • Possible Use: Industrial,See Remarks,Other

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 259-150-045-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Nov 9, 2020
Sold by
Lester Dr D Kevin and Lester Linda L
Bought by
Gonzalez Elias
Seller's Agent
Steve Tinetti
Tinetti Realty
Buyer's Agent
Steve Tinetti
Tinetti Realty
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Current Estimated Value
$273,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,421

Purchase Details

Closed on
Nov 30, 2018
Sold by
Johnson Mary Catherine
Bought by
Lester D Kevin D and Lester Linda L

Purchase Details

Closed on
Mar 30, 2018
Sold by
Jones Steven R
Bought by
Johnson Mary Catherine and Dinwiddie Sandra A

Purchase Details

Closed on
Jul 17, 2012
Sold by
Schreiber Grant and Schreiber Ann
Bought by
Schreiber Grant F

Purchase Details

Closed on
Oct 13, 2009
Sold by
Mora Robert J
Bought by
Johnson Gary B
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
Gonzalez Elias $215,500 Stewart Title Of Ca Inc
Lester D Kevin D -- None Available
Johnson Mary Catherine -- None Available
Schreiber Grant F -- None Available
Johnson Gary B $557,543 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Off Market $215,000 -- --
11/25/2020 11/25/20 Sold $215,000 -4.4% --
10/15/2020 10/15/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $225,000 -- --
Source: MetroList

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 $2,682 $252,363 $245,997 $6,366
2024 $2,682 $247,416 $241,174 $6,242
2023 $2,617 $242,566 $236,446 $6,120
2022 $2,604 $237,810 $231,810 $6,000
2021 $2,411 $215,500 $215,500 $0
2020 $2,293 $205,000 $205,000 $0
2019 $2,124 $190,000 $190,000 $0
2018 $1,935 $175,000 $175,000 $0
2017 $1,831 $165,000 $165,000 $0
2016 $1,884 $165,000 $165,000 $0
2015 $2,292 $204,064 $204,064 $0
2014 $2,226 $200,067 $200,067 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Tinetti

    Seller's Agent in 2020

    Steve Tinetti

    Tinetti Realty

    (209) 722-1491

    1 in this area

    38 Total Sales

    Steve Tinetti
    Section Image
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Map

Source: MetroList

MLS Number: 20051713

MetroList

APN: 259-150-045

California Merced County Merced 95341 South Merced

879 E Gerard Ave, Merced, CA

Not Listed for Sale

Lots

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