NOT LISTED FOR SALE

Estimated Value: $276,000 - $283,000

1.03 Acres
$270,874 Price per Acre
44,867 Sq Ft Lot

Last Sold August 11, 2023

Last sale price $265,000

Est. 5% increase in value since last sale

Current estimated payment $1,784/month

35 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Grass Covered Lot
  • El Capitan High School Rated A-

About This Lot

As of August 2023

Here is your chance to build a beautiful custom home in an exclusive residential neighborhood. This lot is approximately 1.03 acres, well and sceptic would be required, located in a cul-de-sac with only 17 lots in the subdivision. Located near UC Merced, Lake Yosemite, Mercy Hospital and shopping centers nearby.

Last Agent to Sell the Property

Ranjeet Singh

Keller Williams Merced License #01351073 Listed on: 04/05/2023

Keller Williams Merced

Last Buyer's Agent

Ranjeet Singh

Keller Williams Merced License #01351073 Listed on: 04/05/2023

Keller Williams Merced

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,157

Lot Details

  • 1.03 Acre Lot
  • Cul-De-Sac
  • Mostly Level
  • Grass Covered Lot
  • Possible uses of the property include Residential, Single Family
  • Property is zoned A-R

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 060-670-031-000

Property Details

Property Type

Land

Est. Annual Taxes

$3,157

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Acreage
  • ResoPropertyType: Land
  • Special Features: RealEstateOwned
  • Property Sub Type: LotsLands

Exterior Features

  • Horse Property: No
  • Listing Price: 285000.00
  • Lot Features: Cul-De-Sac, Street Light(s)
  • Road Frontage: City Street
  • Topography: Mostly Level
  • Additional Living Units: No

Utilities

  • Sewer: Septic Needed
  • Utilities: None
  • Water Source: No Well But Needed

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning: A-R
  • Crops: None
  • Current Use: Vacant
  • Development Status: None
  • Zoning Description: Residential
  • Irrigation: None
  • Lot Size Acres: 1.0300
  • Lot Size Sq Ft: 44867.00
  • Possible Use: Residential, Single Family
  • ResoLotSizeUnits: Acres

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 060-670-031-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Jun 1, 2023
Sold by
Singh Navtar and Singh Ranjeet
Bought by
Fqc Inc
Seller's Agent
Ranjeet Singh
Keller Williams Property Team
Buyer's Agent
Ranjeet Singh
Keller Williams Property Team
List Price
$285,000
Sold Price
$265,000
Premium/Discount to List
-$20,000
-7.02%
Views
135
Current Estimated Value
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,000
Avg. Annual Appreciation
2.26%
Original Mortgage
$115,000
Interest Rate
6.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 16, 2023
Sold by
Chahal Dalvir and Chahal Kamaljit Kaur
Bought by
Singh Navtar and Singh Ranjeet

Purchase Details

Listed on
Jul 14, 2021
Closed on
Dec 20, 2021
Sold by
Reddy Family Trust
Bought by
Chahal Dalvir and Chahal Kamaljit Kaur
Seller's Agent
Ranjeet Singh
Keller Williams Property Team
Buyer's Agent
Ranjeet Singh
Keller Williams Property Team
List Price
$265,000
Sold Price
$248,500
Premium/Discount to List
-$16,500
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%

Purchase Details

Closed on
Jul 31, 2005
Sold by
Golden Bear Estates Lp
Bought by
Prine Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 5, 2005
Sold by
Golden Bear Estates Lp
Bought by
Reddy Arani S and Reddy Annapurna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.56%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Fqc Inc $265,000 Doma Title Of California
Singh Navtar $125,000 --
Chahal Dalvir $248,500 North American Title
Prine Construction Inc $400,000 Transcounty Title Company
Reddy Arani S $375,000 Transcounty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chablis Homes Llc $910,000
Closed Chablis Homes Llc $525,000
Closed Fqc Inc $115,000
Closed Fqc Inc $793,000
Previous Owner Prine Construction Inc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $265,000 -7.0% --
05/10/2023 05/10/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $285,000 +14.7% --
12/30/2021 12/30/21 Sold $248,500 -6.2% --
12/22/2021 12/22/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $265,000 -- --
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 $3,157 $293,046 $287,946 $5,100
2024 $3,157 $287,300 $282,300 $5,000
2023 $2,811 $253,470 $253,470 $0
2022 $2,775 $248,500 $248,500 $0
2021 $2,289 $200,000 $200,000 $0
2020 $2,104 $180,000 $180,000 $0
2019 $2,058 $175,000 $175,000 $0
2018 $1,920 $175,000 $175,000 $0
2017 $1,750 $150,000 $150,000 $0
2016 $1,757 $150,000 $150,000 $0
2015 $1,755 $150,000 $150,000 $0
2014 $1,362 $115,000 $115,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 223021759

MetroList

APN: 060-670-031