631 Q St, Merced, CA 95341
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631 Q St Merced, CA 95341

$639,000
  • 8 Beds
  • 4 Baths
  • 1,568 Sq.Ft.
Pending
$639,000 Get Pre-Qualified

Map preview of 631 Q St, Merced, CA 95341

Property Overview: 631 Q St Merced, CA has 8 bedrooms, 4 bathrooms, 1,568 living square feet and 12,600 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great investment opportunity 4 Plex. All units are 2 bedrooms 1 bathroom. Exterior has been recently painted. All units have been remodeled and have stainless steel appliances, tile throughout, new cabinets, and granite counter tops. Currently only one vacancy. Buyer has the option to purchase an additional 8 units that are adjacent to subject property. APNs for additional units are 032-183-033-000 and 032-183-032-000. Don’t miss your chance on this rare find.

Listed by Mohammad Jawad | BRE #02043712 | Keller Williams Property Team
Co-listed by Ashley Verna | BRE #02024900 | Keller Williams Property Team
Last checked: 1 minute ago | Last updated: April 30th, 2024 | Source CRMLS | DOM: 11
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
12,600
HOA Dues
$0/mo
Year built
1966
Garage
--
Property Type:
Condominium
Status
Pending
MLS#
MC24074791
City
Merced
County
Merced
Time on Site
13 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,130
  • Total Rent: $1,130
  • Pro Forma/Market Rent: $1,130
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 631 Q St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 032183034000
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From M St/Veterans Blvd; right onto W 8th St; left onto Q St
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Merced Agent

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Sale History for 631 Q St

Last sold for $760,000 on January 11th, 2019
  • April, 2024

  • Apr 30, 2024

    Date

    Pending

    CRMLS: MC24074791

    $639,000

    Price

  • Apr 19, 2024

    Date

    Active

    CRMLS: MC24074791

    $639,000

    Price

  • January, 2019

  • Jan 11, 2019

    Date

    Sold

    CRMLS: MC18270598

    $760,000

    Price

  • Dec 4, 2018

    Date

    Pending

    CRMLS: MC18270598

    $960,000

    Price

  • Nov 9, 2018

    Date

    Active

    CRMLS: MC18270598

    $960,000

    Price

  • Listing provided courtesy of CRMLS

    Great buy for investors. 12 units total. All units are currently rented at $525.00 each. Three separate APN's with 2 duplexes on each APN. Addresses are 631 through 653 Q Street. All 3 parcels to sell together. NOTE: Operating Expenses as shown are estimates only. Net operating income is an ESTIMATE ONLY. Current rents as stated may vary slightly and will be verified upon receipt of seller rent rolls. Buyer to be provided rent rolls, expense information, etc. during buyer investigation period for buyer approval. Units are ESTIMATED to be 825 SF each unit; 1650 SF per duplex. Square footage to be verified during buyer investigation period for buyer approval.

  • January, 2019

  • Jan 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $760,000

    Price

Show More

Tax History for 631 Q St

Assessed Value (2020): $260,260
Year Land Value Improved Value Assessed Value
2020 $64,260 $196,000 $260,260

Home Value Compared to the Market

This property vs the competition

631 Q St is listed 52.14% higher than the median list price for the city of Merced which has a median list price of $420,000. The median price per/sqft for Merced is $250 and this home is listed at $407.53 per/sqft which puts the price per square foot 63.01% higher than the median price per square foot for the city of Merced.

About 631 Q St

Detailed summary of property

631 Q St is a condominium located in Merced, CA 95341 and is currently in escrow to be sold. This condo offers 8 bedrooms, 4 bathrooms, roughly 1,568 living square feet, and sits on an approximately 12,600 square foot lot. 631 Q St was first listed on ArdentRealEstateGroup.com on April 20, 2024. The homeowner is currently asking $639,000. The median priced home in Merced is $420,000 with a median price per square foot of $250. Based on Ardent Real Estate Group's Merced Market Data, this home is listed 52.14% higher than the median priced home. Local competing homes currently for sale include 10501 Wilshire Blvd #1006, 11701 Texas Ave #206 and 10501 Wilshire Blvd #914. While the average home in Merced, CA is selling in 66 days, 631 Q St has a days on market of 11 days. There are currently 219 homes for sale in the Merced real estate market and 216 of them are single family homes while 3 of them are condos and 0 are townhomes. For more information on this home for sale at 631 Q St Merced, CA 95341 contact Ardent Real Estate Group and we will put you in touch with one of our Merced agents.

Public Facts for 631 Q St

Public county record property details
Beds
2
Baths
1
Year built
1966
Sq. Ft.
1,568
Lot Size
12,599
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Merced
Lot#
--
APN
032-183-034-000

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
$390,000
Median List Price/Sq.Ft.
$250
Median Sold Price
$340,000
Median Sold Price/Sq.Ft.
$287
Total Inventory
48
Median Sale to List Price %
97.14%
Avg Days on Market
56
Loan Type
Conventional (81.82%), FHA (18.18%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.