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118 Merton Way

Lodi, CA 95240

3 bd 2 ba 1,721 sqft Built 2017 Lot 4,726 sqft single_family
Most recent sale
$560,000
Mar 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 25, 2024 Listed for rent $2,550 RentalBeast
Mar 28, 2022 Sold $560,000 MLS #222012423
Feb 17, 2022 Listed $570,000 MLS #222012423
Jan 5, 2017 Sold $371,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $389,200 $160,000 $549,200 $6,564
2024 $389,200 $160,000 $549,200 $6,407
2023 $368,900 $155,000 $523,900 $6,262
2022 $258,834 $147,641 $406,475 $4,970
2021 $253,759 $144,747 $398,506 $5,038
2020 $251,158 $143,263 $394,421 $4,911
2019 $246,234 $140,454 $386,688 $4,812
2018 $241,406 $137,700 $379,106 $4,731
2017 $197,000 $80,800 $277,800 $3,082
2016 $40,000 $40,000 $423

Property facts

Year built
2017
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,721 sqft
Lot size
4,726 sqft
ZIP code
95240
City
Lodi
Street
Merton Way
Coordinates
38.09703, -121.27160

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,507
Gross rental yield
11.80%
Implied cap rate
7.67%
Trend-extrapolated value

Frequently asked questions

When did 118 Merton Way last sell?
118 Merton Way most recently sold on Mar 28, 2022 for $560,000.
What is the current tax assessment for 118 Merton Way?
The most recent total assessment for 118 Merton Way (year 2025) is $549,200 with $6,564 in property tax.
How does 118 Merton Way's assessment compare to its last sale price?
The current assessment is 1.9% below the last sale price of $560,000.
When was 118 Merton Way built?
118 Merton Way was built in 2017.
How does 118 Merton Way compare to others on Merton Way?
We track 8 other properties on Merton Way. Browse the list under "Other properties on Merton Way" to compare beds, baths, and sale history.
What are the property facts for 118 Merton Way?
118 Merton Way is a 3 bed, 2 bath, 1,721 sqft, 4,726 sqft lot single_family.
Is 118 Merton Way a flip candidate?
No — 118 Merton Way does not appear in our flips dataset.
Is 118 Merton Way a tax-appeal candidate?
No — 118 Merton Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.2%
Implied 1-yr
-0.9%
2026 Q3
$473.3K
2026 Q4
$472.1K
ZIP 95240 — Median Price History + Forecast

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