5987 Meadow Ln Mariposa, CA 95338

$380,000 Sold Price as of 02/01/2018

-- Beds
-- Baths
6,172 Sq.Ft.

Off Market

$380,000 Sold Price as of 02/01/2018 Refinance Your Mortgage

Map preview of 5987 Meadow Ln, Mariposa, CA 95338

Property Overview: 5987 Meadow Ln Mariposa, CA has -- bedrooms, -- bathrooms, 6,172 living square feet and 112,384 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5987 Meadow Ln is currently an off market home in the city of Mariposa. 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 Mariposa has a median list price of $485,000. The median price per/sqft for Mariposa is $281. With those numbers in mind, if you are looking to purchase a median priced home in Mariposa, CA and put 20% down you will need to save up $97,000 for the down payment and will need roughly $9,700 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 Mariposa the commission could be as much as $20,250. 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 5987 Meadow Ln

Last sold for $380,000 on February 1st, 2018

February, 2018
Feb 21, 2018

Date

Sold

CRMLS: FR17255820

$380,000

Price
Nov 10, 2017

Date

Active

CRMLS: FR17255820

$399,000

Price
Listing provided courtesy of CRMLS

Investors, entrepreneurs, business people etc. The Lushmeadows General store property is available. The price is right and the seller is motivated. On the 2.58 acres of commercial zoning CN-2, there is 10- mini storage units a 2 bedroom 1.5 bath house that has been updated and a 3 bedroom 2 bath modular home. The gas tanks were updated in 1997 but check with county to verify. The property is very beautiful with pines cedars, large Oaks and a seasonal creek. Bring your ideas the cap rate is a 6 without the gas pumps working or the store functioning or rented. When the store was running the rent was $1750/mo which puts the cap rate about 9 which is great. Many things will change but I believe the this can be a very good investment for someone that wants to be their own boss.

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February, 2018
Feb 1, 2018

Date

Sold (Public Records)

Public Records

$380,000

Price
October, 2017
Oct 11, 2017

Date

Expired

CRMLS: FR17157942

$429,000

Price
Aug 22, 2017

Date

Price Change

CRMLS: FR17157942

$429,000

Price
Jul 11, 2017

Date

Active

CRMLS: FR17157942

$473,500

Price
Listing provided courtesy of CRMLS

This property is the Lushmeadows General Store property. There is a 2b 1 1/2 bath house in the back of property, a 3 bed 2 bath mobile home and 10 unit mini storage in the barn. The store building is vacant but there are many options for it as well. There is a lot of blue sky here. Come see for yourself. 2.58 acres commercial zoned CN-2

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Tax History for 5987 Meadow Ln

Assessed Value (2020): $395,351

Year	Land Value	Improved Value	Assessed Value
2020	$63,048	$332,303	$395,351

About 5987 Meadow Ln

Detailed summary of property

5987 Meadow Ln is categorized with a use code of Agricultural / Rural (General) in Mariposa, CA 95338 and last sold on February 1, 2018 for $380,000. This property has -- bedrooms, -- bathrooms, roughly 6,172 living square feet, and sits on an approximately 112,384 square foot lot. Homes in Mariposa are selling for a median price of $405,000 and a median price per square foot of $259. Based on Ardent Real Estate Group's Mariposa Market Data, this home is sold 6.17% lower than the current median priced home. 5987 Meadow Ln was last sold on February 1, 2018 for $380,000. Local nearby listings include 5432 Morella Ave, 11809 Holly Way Pl and 3001 Corda Dr. The average home in Mariposa, CA is selling in 122 days. There are currently 64 homes for sale in the Mariposa real estate market and 64 of them are single family homes while 0 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 5987 Meadow Ln Mariposa, CA 95338 contact Ardent Real Estate Group and we will put you in touch with one of our Mariposa agents.

Public Facts for 5987 Meadow Ln

Public county record property details

Beds: --
Baths: --
Year built: 1968
Sq. Ft.: 6,172
Lot Size: 112,384
Stories: --

Type: Agricultural / Rural (General)
Pool: No
Spa: No
County: Mariposa
Lot#: --
APN: 015-052-0160

The source for these homes facts are from public records.

95338 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$485,000

Median List Price/Sq.Ft.

$281

Median Sold Price

$405,000

Median Sold Price/Sq.Ft.

$259

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (37.5%), FHA (12.5%), VA (25%), Cash (25%), Other (0%)

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