NOT LISTED FOR SALE

Estimated Value: $825,848 - $914,000

8 Beds
8 Baths
4,400 Sq Ft
$197/Sq Ft Est. Value

Last Sold August 09, 2013

Last sale price $330,000 $75 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $5,074/month

1,325 Days on Market

Highlights

  • Contemporary Architecture
  • Patio
  • Concrete Flooring
  • No HOA
  • Central Heating and Cooling System

About This Home

As of August 2013

Four townhouse units for sale, approx. 1100 sf each, 2 bedroom & 1.5 bath, with covered parking and coin-operated utility room. Each unit has private fenced patio. Can be divided and sold (individual parcels) seperately according to Seller.

Last Agent to Sell the Property

John Lazar

Century 21 Select Real Estate License #00910830 Listed on: 12/15/2009

Century 21 Select Real Estate

Co-Listed By

Nellie Lazar

Century 21 Select Real Estate License #01112786

Last Buyer's Agent

Eric Gonsalves

Powerhouse Realty License #01864331

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,264

Year Built

  • Built in 1968

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions: 50

Parking

  • 4 Covered Spaces

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Concrete Flooring
  • Free-Standing Gas Oven

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 061-034-011-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 1 Leased Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,264

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1968
  • Architectural Style: Contemporary
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven
  • Flooring: Concrete
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: Transfer Disclosure Statement
  • Listing Price: 350000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 4
  • Parking Features: Carport,Street,1 Space Per Unit

Utilities

  • Security: Smoke Detector,See Remarks
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: Multi-Residential
  • Lot Size Acres: 0.1607
  • Lot Dimensions: 50' x 140'
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 3

Multi Family

  • Gross Income: 34580
  • Income Includes: Coin Operated Equipment,Laundry
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 061-034-011-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2023
Sold by
P & M Cipponeri 2018 Trust
Bought by
Freestone Properties Llc
Current Estimated Value
$861,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Outstanding Balance
$675,881
Interest Rate
6.39%
Estimated Equity
$137,183

Purchase Details

Closed on
Jun 25, 2018
Sold by
Cipponeri Peter and Cipponeri Maia
Bought by
Cipponeri Peter and Cipponeri Maia

Purchase Details

Closed on
Jan 15, 2014
Sold by
Cipponeri Peter
Bought by
Freestone Properties Llc

Purchase Details

Listed on
Dec 15, 2009
Closed on
Aug 8, 2013
Sold by
Gier Roy L and Gier Doreen E
Bought by
Cipponeri Peter
Seller's Agent
John Lazar
Century 21 Select Real Estate
Buyer's Agent
Eric Gonsalves
Powerhouse Realty
List Price
$472,000
Sold Price
$330,000
Premium/Discount to List
-$142,000
-30.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$183,600
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2005
Sold by
Gier Roy L and Gier Doreen E
Bought by
Gier Roy L and Gier Doreen E

Purchase Details

Closed on
Mar 18, 2005
Sold by
Gier Doreen
Bought by
Gier Roy L

Purchase Details

Closed on
Feb 11, 2005
Sold by
Nazari Hormoz and Nazari Roussana
Bought by
Gier Roy L

Purchase Details

Closed on
Mar 7, 2002
Sold by
Brenda Esther M
Bought by
Nazari Hormoz and Nazari Roussana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,800
Interest Rate
6.87%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Freestone Properties Llc -- Fidelity National Title
Cipponeri Peter -- None Available
Freestone Properties Llc -- None Available
Cipponeri Peter $330,000 First American Title Company
Gier Roy L -- --
Gier Roy L -- First American Title Co
Gier Roy L $620,000 First American Title Co
Nazari Hormoz $280,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freestone Properties Llc $690,000
Open Freestone Properties Llc $7,082,000
Previous Owner Cipponeri Peter $635,500
Previous Owner Cipponeri Peter $183,600
Previous Owner Nazari Hormoz $220,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2013 08/09/13 Sold $330,000 -30.1% $75 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
12/15/2009 12/15/09 For Sale $472,000 -- $107 / 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 $4,264 $396,592 $48,068 $348,524
2023 $4,257 $388,817 $47,126 $341,691
2022 $4,204 $381,194 $46,202 $334,992
2021 $4,142 $373,721 $45,297 $328,424
2020 $4,113 $369,890 $44,833 $325,057
2019 $4,044 $362,638 $43,954 $318,684
2018 $4,041 $355,529 $43,093 $312,436
2017 $3,947 $348,559 $42,249 $306,310
2016 $3,686 $341,725 $41,421 $300,304
2015 $3,654 $336,593 $40,799 $295,794
2014 $3,618 $330,000 $40,000 $290,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 90094149

MetroList

APN: 061-34-11