Merced, CA 95348,1219 Tahoe ST
Merced, CA 95348,1219 Tahoe ST
Merced, CA 95348,1219 Tahoe ST
Merced, CA 95348,1219 Tahoe ST
Merced, CA 95348,1219 Tahoe ST
Merced, CA 95348,1219 Tahoe ST
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$1,350,000

$1,499,000

9.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5 Beds

2 Baths

2,820 SqFt


SOLD DATE : 09/20/2021

Key Details

Sold Price $1,350,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,820 sqft

Price per Sqft $478

MLS Listing ID OC20239300

Sold Date 09/20/21

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1995

Lot Size 20.000 Acres

Property Description

Major price reduction!!! Sellers are extremely motivated to sell so they can join the rest of their family who live in Oklahoma. Buy this SERIOUS MONEY MAKER today!
INCOME:
$103,524 annually ($42,324 for solar, $19,200 for renovated mobile home & $42,000 for main home). Mobile is currently rented. Or put 20% down, the P&I payment is $5396/month w/ a 30 year loan @ 3% interest. The income for solar & mobile home is $5127/month (DO THE MATH IT LEAVES A PAYMENT OF $269/MONTH). It's a no brainer of a deal for any buyer. W/O solar & mobile home income this property is still worth 1 million. (2017 appraisal amount was 725k). You're missing out if you don't take advantage of this awesome buy/smart investment. Country living at its finest. Click on link for video tour! Enjoy 20 acres of land with a 2820 sq ft, 5 bed, 2 bath home plus loft. Home features open concept and fully updated upgrades including; new carpet, hardwood flooring & custom ceilings. The Ranch also includes a 1400 sq ft Mobile Home and an income generating solar farm. The updated mobile home is situated on its own private fenced lot and includes 3 bed, 2 bath and comes equipped with quartz counters, split wing, & indoor laundry. The property also includes vinyl fencing surrounding the property. There is also a 2 story multipurpose building, small animal pen, playhouse w/ loft, horse stables, tack room, sheep pen, chicken pen, fruit trees, playground & cattle pen. Both homes had the roof replaced about 2 years ago. The water well is an AG well at 225 feet deep & the pump is set at 175 feet. The well is right in the middle of the water & it has 8 inch casing with a 5 hp pump that goes to a pressure tank that is 2000 gallons. There is simply too much to list so come see it today

Location

State CA

County Merced

Zoning A-1

Rooms

Main Level Bedrooms 5

Interior

Interior Features Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Storage, Unfurnished, All Bedrooms Down, Attic, Utility Room, Workshop

Heating Central

Cooling Central Air

Fireplaces Type Family Room

Fireplace Yes

Laundry Washer Hookup, Propane Dryer Hookup

Exterior

Pool None

Community Features Stable(s), Rural, Valley

View Y/N Yes

View Orchard, Panoramic, Pasture, Valley

Private Pool No

Building

Lot Description 16-20 Units/Acre

Story 1

Entry Level One

Sewer Septic Tank

Water Well

Level or Stories One

New Construction No

Schools

School District Merced Union

Others

Senior Community No

Tax ID 057010018000

Acceptable Financing Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, Owner Will Carry, Owner May Carry, USDA Loan

Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, Owner Will Carry, Owner May Carry, USDA Loan

Financing Seller Financing

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jake Thomas • 661 Realty
Bought with Jake Thomas • 661 Realty
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