1230 Martin Luther King Jr Way Merced, CA 95341

$380,000 Sold Price as of 08/24/2005
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Off Market
$380,000 Sold Price as of 08/24/2005 Refinance Your Mortgage

Map preview of 1230 Martin Luther King Jr Way, Merced, CA 95341

Property Overview: 1230 Martin Luther King Jr Way Merced, CA has -- bedrooms, -- bathrooms, -- living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1230 Martin Luther King Jr Way is currently an off market home in the city of Merced. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Merced has a median list price of $439,500. The median price per/sqft for Merced is $263. With those numbers in mind, if you are looking to purchase a median priced home in Merced, CA and put 20% down you will need to save up $87,900 for the down payment and will need roughly $8,790 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Merced the commission could be as much as $20,650. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1230 Martin Luther King Jr Way

Last sold for $380,000 on August 24th, 2005
  • May, 2021

  • May 20, 2021

    Date

    Expired

    CRMLS: MC20095216

    $650,000

    Price

  • Oct 6, 2020

    Date

    Withdrawn

    CRMLS: MC20095216

    $650,000

    Price

  • Sep 16, 2020

    Date

    Active

    CRMLS: MC20095216

    $650,000

    Price

  • Sep 15, 2020

    Date

    Hold

    CRMLS: MC20095216

    $650,000

    Price

  • May 19, 2020

    Date

    Active

    CRMLS: MC20095216

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    Large established free-standing Liquor Store located on the main commercial road in Merced, CA on Martin Luther King Jr way. Parking along with a great selection of Beer, Wine & Liquor. Seller has clean books & records and the business is priced right to sell. Investors have always been aware that Liquor Stores succeeded in good times & bad times, but the recent pandemic has demonstrated that Liquor Stores are an essential business in California and can withstand any economic crisis. Don’t miss out on this opportunity!

  • May, 2021

  • May 20, 2021

    Date

    Expired

    CRMLS: MC20095790

    $225,000

    Price

  • Oct 6, 2020

    Date

    Withdrawn

    CRMLS: MC20095790

    $225,000

    Price

  • Sep 16, 2020

    Date

    Active

    CRMLS: MC20095790

    $225,000

    Price

  • Sep 15, 2020

    Date

    Hold

    CRMLS: MC20095790

    $225,000

    Price

  • May 19, 2020

    Date

    Active

    CRMLS: MC20095790

    $225,000

    Price

  • Listing provided courtesy of CRMLS

    Large established free-standing Liquor Store located on the main commercial road in Merced, CA on Martin Luther King Jr way. Parking along with a great selection of Beer, Wine & Liquor. Seller has clean books & records and the business is priced right to sell. Investors have always been aware that Liquor Stores succeeded in good times & bad times, but the recent pandemic has demonstrated that Liquor Stores are an essential business in California and can withstand any economic crisis. Don’t miss out on this opportunity!

  • August, 2005

  • Aug 24, 2005

    Date

    Sold (Public Records)

    Public Records

    $380,000

    Price

  • July, 2002

  • Jul 8, 2002

    Date

    Sold (Public Records)

    Public Records

    $149,551

    Price

Show More

Tax History for 1230 Martin Luther King Jr Way

Assessed Value (2020): $481,154
Year Land Value Improved Value Assessed Value
2020 $74,971 $406,183 $481,154

About 1230 Martin Luther King Jr Way

Detailed summary of property

1230 Martin Luther King Jr Way is categorized with a use code of Commercial (General) in Merced, CA 95341 and last sold on August 24, 2005 for $380,000. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 7,500 square foot lot. Homes in Merced are selling for a median price of $413,000 and a median price per square foot of $241. Based on Ardent Real Estate Group's Merced Market Data, this home is sold 7.99% lower than the current median priced home. 1230 Martin Luther King Jr Way was last sold on August 24, 2005 for $380,000. Local nearby listings include 3001 Corda Dr, 15263 Mulholland Dr and 9637 Via Torino #138. The average home in Merced, CA is selling in 81 days. There are currently 251 homes for sale in the Merced real estate market and 248 of them are single family homes while 3 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 1230 Martin Luther King Jr Way Merced, CA 95341 contact Ardent Real Estate Group and we will put you in touch with one of our Merced agents.

Public Facts for 1230 Martin Luther King Jr Way

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
7,500
Stories
--
Type
Commercial (General)
Pool
No
Spa
No
County
Merced
Lot#
--
APN
031-333-011-000

The source for these homes facts are from public records.

95341 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$388,946
Median List Price/Sq.Ft.
$266
Median Sold Price
$400,000
Median Sold Price/Sq.Ft.
$253
Total Inventory
53
Median Sale to List Price %
97.56%
Avg Days on Market
34
Loan Type
Conventional (47.62%), FHA (23.81%), VA (9.52%), Cash (9.52%), Other (9.52%)

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Nearby Homes to 1230 Martin Luther King Jr Way

Data from public records.

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-- Beds | -- Baths | -- Sq. Ft.
-- Beds | -- Baths | -- Sq. Ft.
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