2 months on rocket

2355 K St, Merced, CA, 95340

$2,995,000

0 Baths
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingPrivate, Unassigned
Year Built1960
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
ViewNeighborhood
MLS #MC24209964
Lot Size0.52 Acres
StatusActive

About 2355 K St

Welcome to “The Palms,” home to the UC Merced Bobcats. This completely renovated 22-Unit apartment complex is in the heart of Merced. Built in 1960 with a stable tenant profile, situated on a 20,000+ Sq. Ft. lot. With a mix of 18 Studio units and 4 one bedroom units, each residence has been recently upgraded with vinyl flooring, new kitchen cabinets, beautiful countertops, and sleek new bathrooms. The Palms property has two buildings with studios of 411 living square footage, and 1-bedrooms with 565 of living square footage. This apartment has an on-site laundry facility, new 30-year composition roof, all new iron gate fencing & enclosed private gate parking for all residents.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1960
  • Stories: 2

Listing Office:

  • Office Name: Soldavi Inc.
  • Office Phone: (209) 777-9955
  • Listing Agent: Armando Diaz

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Flooring Type: Vinyl
  • Interior: Balcony
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Parking: Private, Unassigned

Lot Features

Lot Information:

  • Lot Size: 0.52 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Martin Luther King Jr Way. Drive to K St

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,995,000

Tax Information:

  • Annual Amount: $12,434
  • 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

$251

Avg. Days On Market

63

# of Sold Homes

51

2355 K St vs Merced

69 DAYS ON ROCKET

+6 Days

$2,995,000

+$2.6M More

KEY TAKEAWAY

This property is $2.6M 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: #MC24209964

Listing Office:

  • Office Name: Soldavi Inc.
  • Office Phone: (209) 777-9955
  • Listing Agent: Armando Diaz

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: 12/18/2024, 3:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 16, 2018Home Sold
$865,000
Jun 30, 2015Home Sold
$800,000
Jul 11, 2002Home Sold
$645,000
Jun 19, 1998Home Sold
$84,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,434$1,118,584
2020$12,433$1,099,494
2019$8,723$1,077,936
2018$8,723$825,997
2017$8,295$741,339

History based on county public records data.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,046

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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-4359814
4
/10
  • John Muir Elementary School

  • 300 W 26th St

  • 0.21 miles

  • Public District Grades KG-6

school-card-donut-4359815
4
/10
  • John C. Fremont Elementary School

  • 2150 S St

  • 0.69 miles

  • Public District Grades KG-6

school-card-donut-4359816
5
/10
  • Luther Burbank Elementary School

  • 609 E Alexander Ave

  • 0.99 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,135. Most Merced, CA residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2355 K St

What is the listing price of this property?

The listing price of 2355 K St property is $2,995,000.

What type of property is this?

The property 2355 K St is a condo located in Merced, California, 95340.

Is this property for sale now?

Active Listing: 2355 K St 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 $12,434 (source: MLS/based on county public records data).

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

The last sale was on January 16, 2018 for $865,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2355 K St is 1960.
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Rocket HomesCaliforniaMerced CountyMerced953402355 K St

This home is located at 2355 K St in Merced, CA and zip code 95340. This home, which was built in 1960, sits on a 0.52 acre lot. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $2,995,000.

In November 2024, from all listings sold in Merced, CA there were more than 17 sold above asking price, over 24 sold below and more than 9 were sold right at the asked price. The number of homes for sale in Merced, CA decreased by 7.7% between October 2024 and November 2024. In November 2024, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $395,000.

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

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