Fantastic Investment Opportunity in North Merced! This property comprises three parcels totaling a generous 2.5 acres of prime real estate. Nestled within this expansive land is a charming two bedroom, one bathroom home perfect for occupancy or rental income.
Situated in a rapidly growing area, this property is a blank canvas for savvy investors and developers. This potential for future development is limitless, allowing you to create your vision. Spacious property ready for a new owner.
Motivated Seller
Sold for $299,999
Listing Provided by:
Conchita Swiggart DRE #01221716 209-489-7138,
BHGRE Everything Real Estate
Bought with: KW Silicon City
$299,999
2912 Oleander Ave, Merced, CA 95340
2beds
937sqft
Single Family Residence
Built in 1960
2.01 Acres Lot
$451,100 Zestimate®
$320/sqft
$1,699 Estimated rent
Home value
$451,100
$406,000 - $501,000
$1,699/mo
Zestimate® history
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Owner options
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$1,699/mo
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Rent Zestimate®
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$1,826/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: February 02, 2024 at 10:52am
Listing Provided by:
Conchita Swiggart DRE #01221716 209-489-7138,
BHGRE Everything Real Estate
Bought with:
Davis Tran, DRE #01971924
KW Silicon City
Source: CRMLS,MLS#: MC23170020
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Features: All Bedrooms Down
Heating
- Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: In Garage
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 937 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: main
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 2.01 Acres
- Features: 2-5 Units/Acre
Details
- Parcel number: 007143005000
- Zoning: R-1
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Public
Community & neighborhood
Community
- Community features: Urban
Location
- Region: Merced
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/1/2024 | Sold | $299,999-13%$320/sqft |
Source:  CRMLS #MC23170020 Report a problem | ||
| 1/8/2024 | Pending sale | $345,000$368/sqft |
Source: MetroList Services of CA #224001978 Report a problem | ||
| 1/8/2024 | Listed for sale | $345,000+6.2%$368/sqft |
Source: MetroList Services of CA #224001978 Report a problem | ||
| 12/12/2023 | Contingent | $325,000$347/sqft |
Source: CRMLS #MC23170020 Report a problem | ||
| 11/27/2023 | Price change | $325,000-5.8%$347/sqft |
Source: CRMLS #MC23170020 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,677 +507.4% | $600,000 +500.7% |
| 2024 | $1,099 +1.4% | $99,881 +2% |
| 2023 | $1,084 +1.5% | $97,923 +2% |
Find assessor info on the county website
Neighborhood: 95340
Nearby schools
GreatSchools rating
- 4/10Luther Burbank Elementary SchoolGrades: K-6Distance: 0.2 mi
- 5/10Herbert Hoover Middle SchoolGrades: 7-8Distance: 0.7 mi
- 4/10Merced High SchoolGrades: 9-12Distance: 0.8 mi
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- California
- Merced County
- Merced
- 95340
- 2912 Oleander Ave