Golden Opportunity in Merced, California! Purchase a stunning apartment development project featuring 18 buildings, 132 units, and a spacious communal facility. Each unit boasts modern amenities, including fully-equipped kitchens, large bedrooms, and balconies or patios with breathtaking views. Residents will enjoy resort-style community features such as a fitness center, pool, and clubhouse. Located in a prime area, the complex offers easy access to dining, entertainment, shopping, and transportation options. Don't miss this exceptional investment opportunity!
Property Details
Property Features
Listing Office:
Office Name: JRP Real Estate & Mortgage
Office Phone: (209) 846-2220
Listing Agent: Ramandeep Singh
Lot Features
Lot Information:
Lot Size: 10.70 Acres
Other
Directions Information:
Directions: On highway 59 once you cross W Yosemite Ave, The Parcel will be on your right.
Price Information
Listing Price Info
Price Summary:
List Price: $4,400,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Merced, CA.
This property is $4.0M 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: #MC24112427
Listing Office:
Office Name: JRP Real Estate & Mortgage
Office Phone: (209) 846-2220
Listing Agent: Ramandeep Singh
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, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$22K
Per Month
Principal & Interest
$21.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$13.2K
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Joe Stefani Elementary School
2768 Ranchero Ln
Distance between this listing and this school1.76 miles
Public District Grades 4-6
4
/10
John C. Fremont Elementary School
2150 S St
Distance between this listing and this school1.95 miles
Public District Grades KG-6
6
/10
Franklin Elementary School
2936 Franklin Rd
Distance between this listing and this school2.06 miles
Public District Grades KG-3
Nearby Schools
5
/10
Rudolph Rivera Middle School
945 Buena Vista Dr
Distance between this listing and this school1.24 miles
Public District Grades 7-8
4
/10
Rudolph Rivera Elementary School
945 Buena Vista Dr
Distance between this listing and this school1.24 miles
Public District Grades KG-8
3
/10
Herbert H. Cruickshank Middle School
601 Mercy Ave
Distance between this listing and this school2.27 miles
Public District Grades 7-8
Nearby Schools
5
/10
Merced High School
205 W Olive Ave
Distance between this listing and this school1.94 miles
Public District Grades 9-12
5
/10
Merced Scholars Charter
1850 Wardrobe Ave Bldg H
Distance between this listing and this school2.85 miles
Public Charter Grades 2-12
2
/10
Valley Merced Community
1850 Wardrobe Ave
Distance between this listing and this school2.86 miles
The neighbors living near this home have an average income of $63,736. The most common annual income of people living in Merced, CA is between $35k-100k. The majority of families are married, with kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3622 N State Highway 59
What is the listing price of this property?
The listing price of 3622 N State Highway 59 property is $4,400,000.
What type of property is this?
The property 3622 N State Highway 59 is land located in Merced, California, 95348.
Is this property for sale now?
Active Listing: 3622 N State Highway 59 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 3622 N State Highway 59 is 10.70 acres.
Interested in 3622 N State Highway 59? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3622 N State Highway 59 in Merced, CA and zip code 95348. This home sits on a 10.70 acre lot. It has been listed on Rocket Homes since June 04, 2024 and is currently priced at $4,400,000.
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. 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.
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. 
NBA/WNBA
NBA/WNBA
Minor League Baseball Games
Continuing Education Courses
New York & Company
Express/Express For Men
H&M
Qdoba
Chick-fil-A
Dominos Pizza
Infiniti
Kia
Volkswagen
Active Rock
Talk/Personality
Urban Contemporary