25 days on rocket

1835 Martin Luther King Jr Way, Merced, CA, 95340

$115,000

0.17 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeBusiness
MLS #620707
Lot Size0.17 Acres
StatusActive

About 1835 Martin Luther King Jr Way

Great investment opportunity to develop corner lot vacant land zoned central community commercial located near downtown Merced and the Merced Tower theater. Verify with the City of Merced for potential to build multi-residential unit, small community retail, office space or mix use building. Location offers exposure to nearby traffic, small downtown businesses, multi-unit housing and City parking lot for additional parking needs. Sewer and public utility connections located on the south end of the lot near the alleyway.

Property Details

Property Features

Listing Office:

  • Office Name: Realty Executives of Northern California
  • Office Phone: (209) 385-8500
  • Listing Agent: Kelly Hasko

Lot Features

Lot Information:

  • Lot: Level, Corner Lot
  • Lot Size: 0.17 Acres

Other

Directions Information:

  • Directions: Martin Luther King Jr to Canal

Price Information

Listing Price Info

Price Summary:

  • List Price: $115,000

Tax Information:

  • Annual Amount: $639
  • 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

1835 Martin Luther King Jr Way vs Merced

25 DAYS ON ROCKET

-13 Days

$115,000

-$280K Less

KEY TAKEAWAY

This property is $280K less than the Median Sold Price in Merced, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Fresno Multiple Listing System
  • MLS Number: #620707

Listing Office:

  • Office Name: Realty Executives of Northern California
  • Office Phone: (209) 385-8500
  • Listing Agent: Kelly Hasko

Based on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS). 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. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
interested in purchasing.

Copyright 2024 Fresno Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:55:50 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

Sep 06, 2018Home Sold
$55,000
Apr 20, 2006Home Sold
$150,000
Jan 06, 2006Home Sold
$100,000

Tax History

YEARPROP. TAXASSESSMENT
2021$639$56,681
2020$639$56,100
2019$1,582$55,000
2018$1,582$150,000
2017$1,175$105,000

History based on county public records data.

Payment Calculator

$641

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$411

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NMLS#3030

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-473156
4
/10
  • John Muir Elementary School

  • 300 W 26th St

  • 0.49 miles

  • Public District Grades KG-6

school-card-donut-473157
4
/10
  • John C. Fremont Elementary School

  • 2150 S St

  • 0.78 miles

  • Public District Grades KG-6

school-card-donut-473158
2
/10
  • Don Stowell Elementary School

  • 251 E 11th St

  • 0.80 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,664. Most Merced, CA residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1835 Martin Luther King Jr Way

What is the listing price of this property?

The listing price of 1835 Martin Luther King Jr Way property is $115,000.

What type of property is this?

The property 1835 Martin Luther King Jr Way is land located in Merced, California, 95340.

Is this property for sale now?

Active Listing: 1835 Martin Luther King Jr Way 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 $639 (source: MLS/based on county public records data).

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

The last sale was on September 6, 2018 for $55,000. (source: MLS/tax record).

How much acreage is this property?

The property 1835 Martin Luther King Jr Way is 0.17 acres.
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Rocket HomesCaliforniaMerced CountyMerced953401835 Martin Luther King Jr Way

This home is located at 1835 Martin Luther King Jr Way in Merced, CA and zip code 95340. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since October 27, 2024 and is currently priced at $115,000.

In October 2024 more than 17 listings in Merced, CA were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 27 were sold below. In October 2024 in Merced, CA there were 5.7% more homes for sale than in September 2024. Listings spent 38 days on the market in October 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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