NOT LISTED FOR SALE

Estimated Value: $828,000 - $1,823,920

7 Beds
4 Baths
3,414 Sq Ft
$388/Sq Ft Est. Value

Last Sold June 14, 2013

Last sale price $675,000 $198 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $7,982/month

253 Days on Market

Highlights

  • 2.56 Acre Lot
  • Central Heating
  • 1-Story Property
  • No HOA

About This Home

As of June 2013

Unique opportunity for positive cash flow with this 2.56 acre parcel, 4 single family homes, 4 duplex's, 20 X 30 storage garage, 42 x 32 shop with two 18 foot doors and plenty of land to build 3 more duplex units. All duplex units have separate garages, laundry hook ups with a shared yards. The main home was built in 1915 and is a 5 bedroom 2 bath home All homes have Central Air and Heat, are on septic and have separate gas & electrical with water and garbage being paid by the landlord.

Last Agent to Sell the Property

Gordon Buck

Windermere Signature Properties Auburn License #01857349 Listed on: 07/28/2012

Windermere Signature Properties Auburn

Co-Listed By

Maureen Buck

Windermere Signature Properties Auburn License #01175394

Windermere Signature Properties Auburn

Last Buyer's Agent

Maureen Buck

Windermere Signature Properties Auburn License #01175394

Windermere Signature Properties Auburn

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,080

Lot Details

  • 2.56 Acre Lot
  • Lot Dimensions: 0

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 030-150-020-000

Community Details

Overview

  • No Home Owners Association
  • 10 Buildings
  • 14 Units

Building Details

  • 10 Units Leased Month-To-Month
  • Operating Expense $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,080

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Stories: 1
  • Year Built Details: Unknown
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 10
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Wood,Varies by Unit,Linoleum/Vinyl
  • Window Features: Dual Pane Full,Dual Pane Partial

Exterior Features

  • Construction Materials: Metal Siding,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 757000.00
  • Patio And Porch Features: Covered Patio,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport,Garage,Varies by Unit,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Secured Access,Smoke Detector,Unguarded Gate
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Extra Storage,Laundry Hook-Up in Units,Owner's Unit,Public Trans Nearby,RV/Boat Storage,Yard Space,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: C-2
  • Lot Size Acres: 2.5600
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 111514

Rental Info

  • Tenant Pays: Cable TV,Electricity

Multi Family

  • Gross Income: 95400
  • Operating Expense: 27000
  • Income Includes: Rent Only
  • Number of Month to Month Units: 10
  • Number of Units: 14
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 030-150-020-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2016
Sold by
Clark Peter E and Clark Paula S
Bought by
Clark Peter E D and Clark Paula S
Current Estimated Value
$1,325,960

Purchase Details

Listed on
Jul 28, 2012
Closed on
Apr 30, 2013
Sold by
Baucum John E and Moon Leralene
Bought by
Clark Peter E and Clark Paula S
Seller's Agent
Gordon Buck
Windermere Signature Properties Auburn
Buyer's Agent
Maureen Buck
Windermere Signature Properties Auburn
List Price
$757,000
Sold Price
$675,000
Premium/Discount to List
-$82,000
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%

Purchase Details

Closed on
Mar 1, 2000
Sold by
Lera Baucum
Bought by
Baucum Lera A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Clark Peter E D -- None Available
Clark Peter E $675,000 Stewart Title Of California
Baucum Lera A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2013 06/14/13 Sold $675,000 -10.8% $198 / Sq Ft
04/07/2013 04/07/13 Pending -- -- --
07/28/2012 07/28/12 For Sale $757,000 -- $222 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,080 $790,757 $386,323 $404,434
2023 $8,808 $775,253 $378,749 $396,504
2022 $8,701 $760,053 $371,323 $388,730
2021 $8,578 $745,151 $364,043 $381,108
2020 $8,521 $737,512 $360,311 $377,201
2019 $8,087 $723,052 $353,247 $369,805
2018 $8,080 $708,875 $346,321 $362,554
2017 $7,892 $694,977 $339,531 $355,446
2016 $7,371 $681,351 $332,874 $348,477
2015 $7,312 $671,117 $327,874 $343,243
2014 $7,240 $657,972 $321,452 $336,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12046867

MetroList

APN: 043-15-02