305 Portico Drive

Merced, CA 95348

$6,800,000
Last Sold Price
3,500 / 0.08
Lot Size / Acres

Description

136 Finished Lots - All lots have utilities and are ready to build per buyer's own plans and subject to City approval plus 6 models are completed and permitted for use as rentals. All units currently rented out on a month to month agreement with tenants. Buyer would be required to change the commercial zone back to residential zone on 57 lots to be all residential community. Commercial Zoning from residential to commercial use and fees paid with proposed plan only. Buyer to create actual plans and...136 Finished Lots - All lots have utilities and are ready to build per buyer's own plans and subject to City approval plus 6 models are completed and permitted for use as rentals. All units currently rented out on a month to month agreement with tenants. Buyer would be required to change the commercial zone back to residential zone on 57 lots to be all residential community. Commercial Zoning from residential to commercial use and fees paid with proposed plan only. Buyer to create actual plans and obtain City approval. Approximately 57 lots would need to be removed to build a commercial complex with 2 buildings, parking lot and area including drain basin.
  1. Listed by Kelly Hasko • DRE #01790310 • Brokerage DRE #01931007 • Realty Executives Of Merced • kellyhasko@gmail.com

Property Details for 305 Portico Drive

View
Neighborhood
Lot Size Source
Assessor
Assessor Parcel Number
170010001000
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of Realty Executives Of Merced, Kelly Hasko, DRE #01790310

Sold By Realty Executives Of Merced, Salim Farha, DRE #01485855

Add your commute
LISTING UPDATED: 04/29/2022 05:38 AM

Property Details for 305 Portico Drive

StatusClosed
MLS #MC20146569
Days on Compass307
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.08 AC
CountyMerced County

Location

Listing Courtesy of Realty Executives Of Merced, Kelly Hasko, DRE #01790310

Sold By Realty Executives Of Merced, Salim Farha, DRE #01485855

Add your commute

Building Information for 305 Portico Drive

Lot Size0.08 AC

Payment Calculator

$37,143 per month

30 year fixed, 7.25% Interest

Principal and Interest

$37,110

Property Taxes

$33

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 305 Portico Drive

Income / Expense / Tax Details
Income Details
  • Current Financing: None
  • Financing: Private
Tax / Assessment Info
  • Tax Census Tract: 25.00
  • Tax Lot: 84
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
Property / Structure Info
Interior Features
Exterior Features
  • Fence: None
  • Fencing: None
Distance To
  • Distance To Water: 0
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 0-1 Unit/Acre, 36-40 Units/Acre
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 305 Portico Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 305 Portico Drive

Taxable ValueLand$36,006Additions-Total$36,006
Tax Record2023$401 ($33 / month)
Home Facts
Beds0Lot Size2,178 SqFtStyleResidentialCountyMERCEDAPN170-010-001-000

Schools near 305 Portico Drive

This home is within Merced City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Allan Peterson Elementary School
PublicK to 6

Herbert H. Cruickshank Middle School
Public7 to 8

El Capitan High
Public9 to 12

Rudolph Rivera Elementary
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Executives Of Merced, Kelly Hasko, DRE #01790310

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.