Seller's Agent in 2013
Shahriar Monfared
Delta Equity Advisors
(916) 267-3861
1 Total Sale
1101 Park St Turlock, CA 95380
Turlock Area
8
Beds
4
Baths
3,364
Sq Ft
1.22
Acre Lot
Highlights
- Contemporary Architecture
- No HOA
- Central Heating and Cooling System
- John H. Pitman High School Rated A-
About This Home
As of May 201336 units 2br/1bth. Incredible Investment Opportunity about 200% below replacement cost and grossing about $290,000 pro forma- close to 9% capitalization rate. Property consists of 36 units 2br/1bth units built in 1987. Property situated in one of the lowest vacancy areas in Stanislaus county Turlock close to California State University Stanislaus and major shopping amenities. Updated amenities and a patio/balcony. Laundry facility is provided by owner. New roof in 2002.
Last Agent to Sell the Property
Delta Equity Advisors License #01727372 Listed on: 04/02/2013
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 1.22
Parking
- Open Parking
Home Design
- Contemporary Architecture
- Composition Roof
Utilities
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- 2-Story Property
- 1.22 Acre Lot
Listing and Financial Details
- Security Deposit $23,625
- Tenant pays for cable tv electricity gas
- Assessor Parcel Number 061-002-068-000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 36 Units
Building Details
- 35 Leased Units
- 35 Vacant Units
- 35 Units Leased Month-To-Month
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 25, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,329,600
Interest Rate
4.44%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 2, 2013
Closed on
May 21, 2013
Sold by
Bought by
Seller's Agent
Shahriar Monfared
Delta Equity Advisors
Buyer's Agent
Troy Ulrich
Ulrich Real Estate
List Price
$2,410,000
Sold Price
$1,800,000
Premium/Discount to List
-$610,000
-25.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
3.57%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 15, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
4.02%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 16, 2007
Sold by
Bought by
Purchase Details
Closed on
Nov 17, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
6.36%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 10, 1995
Sold by
Bought by
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,200,000 | Stewart Title | ||
| $1,800,000 | First American Title Company | ||
| $1,350,000 | Chicago Title Company | ||
| -- | None Available | ||
| $3,050,000 | Fidelity Natl Title Co Of Ca | ||
| $228,315 | Chicago Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $6,600,000 | ||
| Closed | $2,329,600 | ||
| Previous Owner | $1,260,000 | ||
| Previous Owner | $870,000 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $1,850,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2013 05/29/13 | Sold | $1,800,000 | -25.3% | $535 / Sq Ft |
| 05/14/2013 05/14/13 | Pending | -- | -- | -- |
| 04/02/2013 04/02/13 | For Sale | $2,410,000 | -- | $716 / Sq Ft |
Source: MetroList
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $39,017 | $3,640,741 | $211,633 | $3,429,108 |
| 2024 | $38,325 | $3,572,584 | $207,484 | $3,365,100 |
| 2023 | $38,242 | $3,500,416 | $203,416 | $3,297,000 |
| 2022 | $37,766 | $3,432,311 | $199,428 | $3,232,883 |
| 2021 | $37,212 | $3,365,541 | $195,518 | $3,170,023 |
| 2020 | $36,988 | $3,334,010 | $193,514 | $3,140,496 |
| 2019 | $36,344 | $3,266,520 | $189,720 | $3,076,800 |
| 2018 | $22,068 | $1,945,847 | $173,160 | $1,772,687 |
| 2017 | $21,559 | $1,908,223 | $169,765 | $1,738,458 |
| 2016 | $20,135 | $1,871,337 | $166,437 | $1,704,900 |
| 2015 | $19,982 | $1,843,634 | $163,937 | $1,679,697 |
| 2014 | $19,792 | $1,808,049 | $160,726 | $1,647,323 |
Source: Public Records
Agents Affiliated with this Home
-
Shahriar Monfared
-
Troy Ulrich
Buyer's Agent in 2013
Troy Ulrich
Ulrich Real Estate
(209) 427-1789
70 Total Sales
Map
Source: MetroList
MLS Number: 13017694
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