NOT LISTED FOR SALE

Estimated Value: $184,000 - $253,000

2 Beds
1 Bath
823 Sq Ft
$269/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $124,000 $151 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,214/month

4 Days on Market

About This Home

As of March 2018

Wonderful investment opportunity! 2 units on an over-sized R-3 corner lot (11,250 sqft). There may be an opportunity to add a 3rd unit.

Last Agent to Sell the Property

Jeff Lawry

London Properties Ltd - Merced License #01310152 Listed on: 03/05/2018

London Properties Ltd - Merced

Last Buyer's Agent

David Maclachlan

First 1st Choice Realty Group License #01317347

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Corner Lot

Home Design

  • 823 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room

Listing and Financial Details

  • Assessor Parcel Number 031301019

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 031301019
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 150.67

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 11250.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Mar 20, 2018
Sold by
Lawry Jeffrey G and Lawry Aimee
Bought by
Avilez Sebastian Alvarez
Seller's Agent
Jeff Lawry
London Properties Ltd - Merced
Buyer's Agent
David Maclachlan
First 1st Choice Realty Group
List Price
$135,000
Sold Price
$124,000
Premium/Discount to List
-$11,000
-8.15%
Current Estimated Value
$221,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,223
Avg. Annual Appreciation
7.71%

Purchase Details

Listed on
Mar 5, 2018
Closed on
Feb 8, 2018
Sold by
Acosta Florencio and Acosta Emelia C
Bought by
Posey Daniel and Lawry Jeffrey G
Seller's Agent
Jeff Lawry
London Properties Ltd - Merced
Buyer's Agent
David Maclachlan
First 1st Choice Realty Group
List Price
$135,000
Sold Price
$124,000
Premium/Discount to List
-$11,000
-8.15%

Purchase Details

Closed on
Sep 9, 2010
Sold by
Acosta Florencio and Acosta Emelia
Bought by
Acosta Florencio and Acosta Emelia C

Purchase Details

Closed on
Jan 5, 2000
Sold by
Acosta Florencio
Bought by
Acosta Florencio
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
Avilez Sebastian Alvarez $124,000 First American Title Company
Posey Daniel $75,000 First American Title Company
Acosta Florencio -- None Available
Acosta Florencio -- None Available
Acosta Florencio -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2018 03/23/18 Sold $124,000 -8.1% $151 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $135,000 +80.0% $164 / Sq Ft
02/15/2018 02/15/18 Sold $75,000 -25.0% $91 / Sq Ft View Prior Sale
01/29/2018 01/29/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $100,000 -- $122 / Sq Ft
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 $700 $64,339 $34,133 $30,206
2024 $700 $63,078 $33,464 $29,614
2023 $691 $61,842 $32,808 $29,034
2022 $681 $60,630 $32,165 $28,465
2021 $679 $59,442 $31,535 $27,907
2020 $683 $58,833 $31,212 $27,621
2019 $673 $57,680 $30,600 $27,080
2018 $155 $12,864 $2,654 $10,210
2017 $160 $12,612 $2,602 $10,010
2016 $158 $12,365 $2,551 $9,814
2015 $156 $12,180 $2,513 $9,667
2014 $153 $11,942 $2,464 $9,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC18050546

California Regional Multiple Listing Service (CRMLS)

APN: 031-301-018