NOT LISTED FOR SALE
8 Beds
4 Baths
811 Sq Ft
1,500 Sq Ft Lot

Sale Details

Date Sold: July 14, 2016

Last sale price $260,000 $321 Per Sq Ft

34 Days on Market

Highlights

  • Wood Flooring
  • Laundry Facilities
  • Wood Siding
  • No HOA
  • Wood Fence
  • Wall Furnace

About This Home

As of July 2016

4 homes on large corner lot with 4 car detached garage/storage. Located in the heart of Merced near schools, library and downtown. Lot may be split with 2 homes on each lot. Buyer to investigate. Great rental history.
All four homes have their separate addresses and gas/electric meters, 954-964 w 21st & 2026-2028 Q st.

Last Agent to Sell the Property

Roger Martin

Roger Martin Properties License #01198980 Listed on: 04/06/2016

Last Buyer's Agent

Dave Sousa

Atlantic Realty License #01202587

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 1,500 Sq Ft Lot
  • No Common Walls
  • Wood Fence

Parking

  • 4 Car Garage

Home Design

  • 811 Sq Ft Home
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Kitchen

  • Gas Range
  • Free-Standing Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Washer and Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 030252001000

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,800
  • Water Sewer Expense $3,550
  • New Taxes Expense $4,188
  • Gross Income $2,740
  • Net Operating Income $23,342

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

1,500 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • Inclusions: 4 stoves, 4 refrigerators, window air units.
  • Property Attached: No
  • Water Sewer Expenses: 3550.00
  • Property Type: Residential Income
  • Parcel Number: 030252001000
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 320.59

Exterior Features

  • Foundation: Raised
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Electric Dryer Hookup, Washer Hookup
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 1500.00
  • Price Per Lot Square Foot: 173.33

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2740.00
  • Gross Scheduled Income: 32880.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 23342.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Operating Expense: 9538.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4188.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2023
Sold by
Borges Paul
Bought by

Purchase Details

Listed on
Apr 6, 2016
Closed on
Jul 7, 2016
Sold by
Borges Geanette
Bought by
Borges Paul
Seller's Agent
Roger Martin
Roger Martin Properties
Buyer's Agent
Dave Sousa
Atlantic Realty
List Price
$295,000
Sold Price
$260,000
Premium/Discount to List
-$35,000
-11.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 6, 2016
Closed on
May 31, 2016
Sold by
Tarhalla James B and Tarhalla Di Ann
Bought by
Borges Paul
Seller's Agent
Roger Martin
Roger Martin Properties
Buyer's Agent
Dave Sousa
Atlantic Realty
List Price
$295,000
Sold Price
$260,000
Premium/Discount to List
-$35,000
-11.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2006
Sold by
Mariscal Marilyn J
Bought by
Mariscal Jose

Purchase Details

Closed on
Dec 1, 2000
Sold by
Larsen John Alan
Bought by
Tarhalla James B and Tarhalla Di Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.41%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Borges Paul -- Transcounty Title Company
Borges Paul $260,000 Transcounty Title Company
Mariscal Jose -- Transcounty Title Company
Tarhalla James B $100,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,800,000
Previous Owner Borges Paul $187,500
Previous Owner Tarhalla James B $210,000
Previous Owner Tarhalla James B $132,750
Previous Owner Tarhalla James B $80,000
Previous Owner Larsen John Alan $194,500
Previous Owner Larsen John Alan $72,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/14/2016 07/14/16 Sold $260,000 -11.9% $321 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $295,000 -- $364 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,359 $307,778 $53,266 $254,512
2025 $3,359 $301,744 $52,222 $249,522
2024 $3,176 $295,829 $51,199 $244,630
2023 $3,132 $290,030 $50,196 $239,834
2022 $3,091 $284,344 $49,212 $235,132
2021 $3,084 $278,770 $48,248 $230,522
2020 $3,107 $275,913 $47,754 $228,159
2019 $3,060 $270,504 $46,818 $223,686
2018 $2,791 $265,200 $45,900 $219,300
2017 $2,897 $260,000 $45,000 $215,000
2016 $1,428 $127,276 $38,179 $89,097
2015 $1,406 $125,365 $37,606 $87,759
2014 $1,375 $122,910 $36,870 $86,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC16071180

California Regional Multiple Listing Service (CRMLS)

APN: 030-252-001

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