1 year on rocket

2610 N State Highway 59, Merced, CA, 95348

$2,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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2610 N State Highway 59, Merced$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDriveway, Paved, Private, One Space, Side By Side
Year Built1970
HeatingCentral
CoolingCentral Air
FireplaceNone
MLS #MC23048755
Lot Size0.46 Acres
StatusActive

About 2610 N State Highway 59

Are you looking for a multi-unit complex with all kinds of potential, well you can stop your search right here. This is a 12 unit complex, 2 buildings with 6 units in each. The units are almost 760 sq feet per unit. All units are 2 bed one bath. The total building space is 9507 sq ft. Each building has its on coin operated laundry, 2 in all. There has been a recent flood that has affected the lower 3 units of each building. Some repairs have been made but are selling the property as is in current condition. The 12 units were being remodeled at the time of the flood. there were 4 newer water heaters and 2 new tub/showers installed on units in the 2610 building and 6 new water heaters and 6 tubs/showers in the 2620 building. Only 1 unit is currently rented at this time. current rent on that unit is $1365 per month. All New doors and security doors were installed prior to flood. New flooring was also installed in some units. Owner also had new stairs and balcony entrance (deck) installed at a cost of around $80,000. All units have central Heat and Air. Each unit also has storage area. There is ample parking for 20 vehicles on paved parking area. This is a hard to find 12 unit complex so reach out today. Selling as is. Buyer to participate in a 1031 exchange at no cost to buyer. SELLER WILL CONSIDER TRADE OF PROPERTIES. ***Updated Photos***

Property Details

Property Features

Property Information:

  • Year Built: 1970

Listing Office:

  • Office Name: Century 21 Select Real Estate
  • Office Phone: (209) 676-1666
  • Listing Agent: Ronald Scanlon

Interior Features

Interior Information:

  • Appliances: Electric Range, Range Hood
  • Flooring Type: Laminate
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Driveway, Paved, Private, One Space, Side By Side

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: W on Olive, Left on N State Highway 59

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000

Tax Information:

  • Annual Amount: $4,725
  • 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

$250

Avg. Days On Market

38

# of Sold Homes

58

2610 N State Highway 59 vs Merced

438 DAYS ON ROCKET

+400 Days

$2,500,000

+$2.1M More

KEY TAKEAWAY

This property is $2.1M 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: #MC23048755

Listing Office:

  • Office Name: Century 21 Select Real Estate
  • Office Phone: (209) 676-1666
  • Listing Agent: Ronald Scanlon

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: 11/17/2024, 10:20:53 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 12, 2017Home Sold
$400,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,725$424,170
2020$4,724$416,160
2019$4,245$408,000
2018$4,245$400,000
2017$5,964$532,369

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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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-495153
4
/10

  • John C. Fremont Elementary School

  • 2150 S St

  • 0.79 miles

  • Public District Grades KG-6

school-card-donut-495154
4
/10

  • Leontine Gracey Elementary School

  • 945 N West Ave

  • 0.82 miles

  • Public District Grades KG-6

school-card-donut-495155
3
/10

  • Margaret Sheehy Elementary School

  • 1240 W 6th St

  • 1.27 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,425. Typical income of Merced, CA residents is less than $35k annually. Residents typically live in single, no 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 2610 N State Highway 59

What is the listing price of this property?

The listing price of 2610 N State Highway 59 property is $2,500,000.

What type of property is this?

The property 2610 N State Highway 59 is a condo located in Merced, California, 95348.

Is this property for sale now?

Active Listing: 2610 N State Highway 59 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 $4,725 (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 12, 2017 for $400,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2610 N State Highway 59 is 1970.

Rocket Homes›California›Merced County›Merced›95348›2610 N State Highway 59

This home is located at 2610 N State Highway 59 in Merced, CA and zip code 95348. This home, which was built in 1970, sits on a 0.46 acre lot. It has been listed on Rocket Homes since September 06, 2023 and is currently priced at $2,500,000.

While more than 17 listings in Merced, CA in October 2024 were sold above asking price, there were more than 14 listings sold at asking price, and more than 27 were sold below. The number of listings in Merced, CA increased by 5.7% between September 2024 and October 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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