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1300 Commerce Avenue

1300 Commerce Avenue, Atwater, CA 95301
Property in Merced
1300 Commerce Avenue has been categorized by the local assessors in Atwater, CA as a commercial type of property. The area measurement of the land has been determined as 33,441 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Dec 20, 2019 for $2,900,000. Prior to that sales transaction, the property was also sold in Feb 1, 2019 for $24,700,000. 1300 Commerce Avenue was last assessed in 2023. The total value of the property was assessed at $3,048,683. Specifically, the land the property is located on was valued at $882,989. While improvements on the property were assessed at a total of $2,165,694. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $32,679. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 33,441
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: APPLEGATE RANCH
  • Land Acres: 0.768
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: APPLEGATE RANCH LOT 4

Ownership

  • Current Owner : SHERMAN JACK
  • Current Owner 2: SHERMAN JUDITH
  • Previous Owner : T APPLEGATE RANCH CA LLC
  • Owner Before Previous Owner: BRE THRONE APPLEGATE RANCH LLC
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atwater Elementary School District
  • Census Tract: 000702

Zoning

  • Zoning: BP

Geography

  • Parcel: 003-180-016-000
  • Lot: 4
  • Latitude: 37.3425
  • Longitude: -120.614

    Address

  • Full Address: 1300 Commerce Ave
  • Address - House Number: 1300
  • Address - Street Name: Commerce
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Atwater
  • Carrier Code: R002
  • 4-Digit Zip Code: 5215
  • Zip Code: 95301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $32,679
  • Tax Rate Code Area: 001-001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,885,500
  • First Open Lien Mortgage Lender: TRI COUNTIES BANK
  • First Open Lien Mortgage Recording Date: Jan 17, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,885,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jan 17, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,048,683
  • Assessed Land Value: $882,989
  • Assessed Improvements Value: $2,165,694

    Sales

  • Current Sale Contract Date: Dec 20, 2019
  • Current Sale Recording Date: Jan 17, 2020
  • Current Sale Transaction ID: 11730645406
  • Current Sale Price: $2,900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020001980
  • Previous Sale Recording Date: Feb 04, 2019
  • Previous Sale Contract Date: Feb 01, 2019
  • Previous Sale Amount: $24,700,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRI COUNTIES BANK
  • First Mortgage Transaction Date: Jan 17, 2020
  • First Mortgage Loan Amount: $1,885,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: GOLDMAN SACHS BANK USA
  • Previous Mortgage Transaction Date: Feb 04, 2019
  • Previous Mortgage Loan Amount: $18,000,000
  • Previous Mortgage Loan Type: Commercial

About Atwater



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Frequently Asked Questions

What neighborhood is 1300 Commerce Avenue located in?
The 1300 Commerce Avenue is a located in the neighborhood of Merced in Atwater, Atwater.
What is the average sales price for listings in 1300 Commerce Avenue?
The average sales price for units in 1300 Commerce Avenue is $0 currently.

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