2 months on rocket

1389 E Gerard Ave, Merced, CA, 95341

$1,800,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
1,600 SqFt
$1,125/SqFt
House

Location

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1389 E Gerard Ave, Merced$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1970
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewNone
MLS #MC24196423
Lot Size10.00 Acres
StatusActive

About 1389 E Gerard Ave

**Stunning 10-Acre Lot with Charming Home – Endless Possibilities!** Discover the ideal investment opportunity with this 10-acre lot, perfectly zoned M2, offering a unique blend of residential comfort and Industrial potential. Nestled in a tranquil setting, this property features a beautifully appointed 4-bedroom, 2-bathroom home, providing a welcoming retreat for you or your tenants. The spacious layout encompasses modern amenities and generous living areas, perfect for family gatherings or entertaining guests. Large windows flood the home with natural light, while the surrounding landscape provides serene views and ample outdoor space. But the true value lies in the land! With M2 zoning, this property is primed for a variety of business ventures, including a trucking parking lot, storage facility and many more. The possibilities are endless, making this an excellent choice for investors or entrepreneurs looking to capitalize on this prime location. Located near major highway (99) and essential services, this property offers both accessibility and privacy. Don’t miss out on this rare opportunity to own a versatile lot with an inviting home. Contact us today to schedule a viewing and explore the potential of this remarkable property!

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Stories: 1
  • Living Area: 1,600 SqFt

Listing Office:

  • Office Name: Realty Executives Of Northern California
  • Office Phone: (209) 777-4828
  • Listing Agent: Gurman Mattu

Interior Features

Interior Information:

  • Flooring Type: Vinyl
  • Interior: Pantry, All Bedrooms Down
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Lot Features

Lot Information:

  • Lot Size: 10.00 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: E Childs Ave, right onto Tyler Rd, left onto E Gerard Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000
  • Price Per SqFt: $1,125/SqFt

Tax Information:

  • Annual Amount: $790
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Merced, CA.

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Merced, CA

City

Med. Sold Price

$395K

Med. Price/SqFt

$251

Avg. Days On Market

63

# of Sold Homes

51

1389 E Gerard Ave vs Merced

88 DAYS ON ROCKET

+25 Days

$1,800,000

+$1.4M More

$1,125/SqFt

+$873 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $873/SqFt more than other homes in Merced, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #MC24196423

Listing Office:

  • Office Name: Realty Executives Of Northern California
  • Office Phone: (209) 777-4828
  • Listing Agent: Gurman Mattu

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$790$65,767
2020$790$65,094
2019$697$63,819
2018$697$62,569
2017$686$61,343

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4246311
4
/10

  • Farmdale Elementary School

  • 100 Winder Ave

  • 1.18 miles

  • Public District Grades KG-5

school-card-donut-4246312
3
/10

  • Charles Wright Elementary School

  • 900 E 20th St

  • 1.20 miles

  • Public District Grades KG-6

school-card-donut-4246313
6
/10

  • Pioneer Elementary School

  • 2950 E Gerard Ave

  • 1.23 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,510. Residents of Merced, CA typically earn less than $35k each year. Most families are married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1389 E Gerard Ave

What is the listing price of this property?

The listing price of 1389 E Gerard Ave property is $1,800,000.

What type of property is this?

The property 1389 E Gerard Ave is a house located in Merced, California, 95341.

Is this property for sale now?

Active Listing: 1389 E Gerard Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $790 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1389 E Gerard Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1389 E Gerard Ave is 1,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1389 E Gerard Ave is 1970.

Rocket Homes›California›Merced County›Merced›95341›1389 E Gerard Ave

This home is located at 1389 E Gerard Ave in Merced, CA and zip code 95341. This 1,600 square foot home, which was built in 1970, sits on a 10.00 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 21, 2024 and is currently priced at $1,800,000.

In November 2024 more than 17 listings in Merced, CA were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 24 were sold below. Between October 2024 and November 2024, Merced, CA real estate market has seen decrease in the number of listings by 7.7%. Listings spent 63 days on the market in November 2024, and had a median list price of $395,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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