3 months on rocket

607 N Mercey Springs Rd, Los Banos, CA, 93635

$1,600,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,959 SqFt
$817/SqFt
House
Schools Nearby

Location

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607 N Mercey Springs Rd, Los Banos$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1962
CoolingNone
ViewPark, Valley
MLS #ML81954075
Lot Size3.96 Acres
StatusActive

About 607 N Mercey Springs Rd

Welcome to a prime opportunity awaiting at 607 N Mercey Springs Road in Los Banos. This 3.96-acre parcel of Residential Development Land is a gem nestled in the Heart of a highly developed Residential area. Boasting plans ready for the construction of 16 Single Family Residences (SFR), with potential upto 32 through SFR attached options, this property promises lucrative returns for developers and investors alike. Permitting for this exceptional property is in its final stages, poised to grant approval swiftly upon payment of the construction bond. Strategically positioned near major transportation arteries including Interstate 5 and Highway 152, and just an hour's drive from bustling Silicon Valley, this location offers unparalleled convenience for commuters and residents alike. Los Banos, a rapidly growing city within Merced County, embodies promise and potential. With a vibrant community spirit, a commitment to safety, and a range of exciting opportunities, Los Banos is an attractive destination for developers seeking growth and prosperity. Merced County, as a whole, offers a conducive environment for economic development and infrastructure enhancement, further solidifying its status as an investment hotspot. Don't delay Let's make your development dreams a reality today.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Living Area: 1,959 SqFt

Listing Office:

  • Office Name: KW Silicon City
  • Office Phone: (408) 755-5972
  • Listing Agent: Gurjeet Rai

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Park, Valley

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 3.96 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • Los Banos High School, Public District Grades 9-12
  • Los Banos Junior High School, Public District Grades 7-8
  • R. M. Miano Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Adress on the Maps takes you to the Backside of the Property,Please Use Entrance from the Mercey Springs Road. There is FOR SALE Sign on the Property in Front Entrance. Cross Street: Saratoga Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
  • Price Per SqFt: $817/SqFt

Tax Information:

  • Annual Amount: $2,972
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Banos, CA.

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Los Banos, CA

City

Med. Sold Price

$480K

Med. Price/SqFt

$253

Avg. Days On Market

41

# of Sold Homes

7

607 N Mercey Springs Rd vs Los Banos

106 DAYS ON ROCKET

+65 Days

$1,600,000

+$1.1M More

$817/SqFt

+$563 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $563/SqFt more than other homes in Los Banos, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81954075

Listing Office:

  • Office Name: KW Silicon City
  • Office Phone: (408) 755-5972
  • Listing Agent: Gurjeet Rai

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 6:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 29, 2010Home Sold
$235,000
Aug 31, 2006Home Sold
$850,000
Feb 17, 2006Home Sold
$900,000
Jul 24, 1996Home Sold
$190,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,972$272,222
2020$2,972$269,432
2019$2,834$264,150
2018$2,834$258,971
2017$2,801$253,894

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4294699
3
/10

  • R. M. Miano Elementary School

  • 1129 E B St

  • 0.95 miles

  • Public District Grades KG-6

Middle School

school-card-donut-4294700
3
/10

  • Los Banos Junior High School

  • 1750 San Luis St

  • 1.32 miles

  • Public District Grades 7-8

High School

school-card-donut-4294701
5
/10

  • Los Banos High School

  • 1966 S 11th St

  • 2.00 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,583. Typical income of Los Banos, CA residents is between $35k-100k annually. Residents typically live in married, with kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 607 N Mercey Springs Rd

What is the listing price of this property?

The listing price of 607 N Mercey Springs Rd property is $1,600,000.

What type of property is this?

The property 607 N Mercey Springs Rd is a house located in Los Banos, California, 93635.

Is this property for sale now?

Active Listing: 607 N Mercey Springs Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 607 N Mercey Springs Rd are:
R. M. Miano Elementary School: GreatSchools Rating 3/10
Los Banos Junior High School: GreatSchools Rating 3/10
Los Banos High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,972 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 29, 2010 for $235,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 607 N Mercey Springs Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 607 N Mercey Springs Rd is 1,959 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 607 N Mercey Springs Rd is 1962.

Rocket Homes›California›Merced County›Los Banos›93635›607 N Mercey Springs Rd

This home is located at 607 N Mercey Springs Rd in Los Banos, CA and zip code 93635. This 1,959 square foot home, which was built in 1962, sits on a 3.96 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $1,600,000.

While more than 2 listings in Los Banos, CA in April 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 3 were sold below. While the average time on the market in April 2024 was 41 days, the median list price was $480,000.

From Rocket Homes Real Estate and based on county public records data.

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