2 months on rocket

1557 E Gerard Ave, Merced, CA, 95341

$1,467,750

19.57 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewOrchard
MLS #MC24179079
Lot Size19.57 Acres
StatusActive

About 1557 E Gerard Ave

Here is a 19.57 acre walnut ranch with industrial development potential for sale! The Chandler walnuts were planted in 2017 and the ranch is situated in southeast Merced. This parcel is close to city limits and Hwy 99/UC Merced Campus Expressway, an area anticipated for significant growth and development. The city sewer lines are accessible at Gerard Ave, with future City plans to extend additional utilities to Mission Ave to support new developments. The vicinity is experiencing robust expansion near Mission Ave and retail growth at the new Gateway Marketplace by Hwy 99. This land is zoned M-2 for heavy industrial/manufacturing uses and align with the City of Merced's General Plan for industrial development. The irrigation is currently via a double line drip irrigation system and the ranch is within the Merced Irrigation District for access to Class I district water. However, their current irrigation comes from a well situated across the road on the owner's separate ranch. The seller would be open to a well sharing agreement to continue existing irrigation. Make this ranch your homesite or plan for future development! The property is within the Merced Irrigation District-Urban Ground Water Sustainability Agency (MIUGSA). For more information on SGMA, go to www.sgma.water.ca.gov/portal/. The ownership is also open to selling lots other lots together.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Property Team
  • Office Phone: (209) 704-7653
  • Listing Agent: Ernesto Ochoa

Exterior Features

Exterior Information:

  • View: Orchard

Lot Features

Lot Information:

  • Lot: Agricultural, Orchard(s), Rectangular Lot
  • Lot Size: 19.57 Acres

Other

Directions Information:

  • Directions: From Hwy 99, take the UC Merced Campus Expressway exit, head west on Mission Ave, right on Henry St, Left on Gerard Ave, parcel on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,467,750

Tax Information:

  • Annual Amount: $7,255
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$395K

Med. Price/SqFt

$250

Avg. Days On Market

38

# of Sold Homes

58

1557 E Gerard Ave vs Merced

78 DAYS ON ROCKET

+40 Days

$1,467,750

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Merced, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #MC24179079

Listing Office:

  • Office Name: Keller Williams Property Team
  • Office Phone: (209) 704-7653
  • Listing Agent: Ernesto Ochoa

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: 11/15/2024, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 31, 2015Home Sold
$550,000
Feb 09, 2005Home Sold
$1,000,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,255$738,679
2020$7,255$642,029
2019$6,804$629,441
2018$6,805$617,100
2017$6,694$605,000

History based on county public records data.

Payment Calculator

$7,393

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,467

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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-453524
6
/10
  • Pioneer Elementary School

  • 2950 E Gerard Ave

  • 1.09 miles

  • Public District Grades KG-5

school-card-donut-453525
3
/10
  • Charles Wright Elementary School

  • 900 E 20th St

  • 1.24 miles

  • Public District Grades KG-6

school-card-donut-453526
4
/10
  • Farmdale Elementary School

  • 100 Winder Ave

  • 1.31 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,510. The majority of Merced, CA residents have income less than $35k annually. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1557 E Gerard Ave

What is the listing price of this property?

The listing price of 1557 E Gerard Ave property is $1,467,750.

What type of property is this?

The property 1557 E Gerard Ave is land located in Merced, California, 95341.

Is this property for sale now?

Active Listing: 1557 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 $7,255 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 31, 2015 for $550,000. (source: MLS/tax record).

How much acreage is this property?

The property 1557 E Gerard Ave is 19.57 acres.
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Rocket HomesCaliforniaMerced CountyMerced953411557 E Gerard Ave

This home is located at 1557 E Gerard Ave in Merced, CA and zip code 95341. This home sits on a 19.57 acre lot. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $1,467,750.

In October 2024, from all listings sold in Merced, CA there were more than 17 sold above asking price, over 27 sold below and more than 14 were sold right at the asked price. The number of listings in Merced, CA increased by 5.7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $395,000, while the average time on the real estate market was 38 days.

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

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