HUGE HOME WITH A 26,668 SQUARE FOOT SECLUDED LOT FOR SALE BY OWNER "AS IS" FOR $300,000 OR BEST OFFER IN ONE OF THE MOST PRESTIGIOUS NEIGHBORHOODS IN MERCED COUNTY. Call: Cy for info. (310-739-3777). ONLINE VIRTUAL TOUR OF INSIDE AND OUTSIDE OF HOME ARE AVAILABLE AT: https://youtu.be/YawE26sxC8U Face Time, Skype, or in person tours are available by appointment. FIRE DAMAGED HOME WITH GREAT POTENTIAL NEEDS EXTENSIVE REHAD/REBUILD WORK SINCE MOST EVERY THING IS DAMAGED. Rehab/rebuild the home the way you wish into your dream home. The base structure allows for an accelerated cost effective rehab/rebuild. The long driveway to backyard allows construction equipment to easily access the backyard. PRICING CALCULATION OF THE HOME (APPROXIMATE 26,668 SQ FT LOT) ESTIMATED VALUE WAS $499,717 ACCORDING TO EPPRAISAL.COM AND ZILLOW.COM ON OCTOBER 1, 2016 "NOT" TAKING INTO CONSIDERATION EXTENSIVE FIRE DAMAGE. (See said pictured Zillow estimate of home below at $499,717). Due to the fire damage, $199,717 was subtracted from $499,717 = $300,000 current selling price. Rehab/rebuild the home for less and then flip the home to make a profit in a price climbing market! (See Zillow.com pictured estimate below showing the home to increase approximately $10,000 in a year). Moreover, the $499,717 appraisal does not take into account for a brand new rehab/rebuild that should price the home WELL OVER $499,717 since the home would be in better condition. Seller is not in the home rehab business and is highly motivated to sell. INTERNET HOME REHAB ESTIMATES may be approximately $20-$30 per square foot to rehab the home. Thus, it may cost approximately $77,580 (3879 sq ft x $20) to $116,370 (3879 sq. ft. x $30) to rehab the home. Bring your contractor to get your own estimate. PROPERTY CAN BE USED AS A LARGE HOME OR A VERY LARGE RENTABLE DUPLEX: In 1978, there was a second home added on to this home originally built in 1952. There are 2 separate kitchens, 2 separate fireplaces, 2 separate front entry ways, 2 washer dryer hook-ups, 2 hot water heaters, 2 separate doors to backyard, and 2 separate living rooms. Chain link fence separates the backyard in half. This is ideal to rent EACH side out for approximately $1,150 for a total of $2,300 rent or to live in the other side or use entire home for extended family or a large family.(See Zillow picture rental estimate below) 4 BEDROOMS / 3 BATHROOMS / 15 TOTAL ROOMS IN HOME: There are 2 studios/offices that can be easily converted to bedrooms for a total of 6 potential bedrooms. Or, one studio/office can be easily converted back to the original two-car garage. There are 4 bedrooms, 3 on one side and 1 on the other side. There are 3 bathrooms, 2 on one side of the home and 1 on the other side. THIS IS "NOT" A FINANCIALLY DISTRESSED PROPERTY THAT HAS TO BE SOLD UNDER IT'S MARKET VALUE. Thus, low offers are unwelcome. **NOTE: If a second story is added on to the part of the home where the roof is already burnt off, it could quite easily be the nicest highest priced home in Merced. Sell home for a great profit because there is a shortage of upper class homes in Merced since most wealthy people don't move from those neighborhoods. Moreover, the new U.C. Merced Campus has added many affluent buyers to the community that wish to live in affluent neighborhoods. THE HUGE HOME HAS ONE OF THE LARGEST LOTS IN NEIGHBORHOOD with a huge private backyard that has enough room for a pool, basketball court, tennis court , or large parties. There are many large beautiful black walnut and redwood trees in the backyard that can be sold for a profit. Hardwood floors in part of the home. Many large windows throughout the front & back of the home makes for pleasant views and great air flow.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
