NOT LISTED FOR SALE

1123 E Marshall St Turlock, CA 95380

Downtown Turlock Neighborhood
4 Beds
4 Baths
1,920 Sq Ft
0.34 Acres

Last Sold March 19, 2020

Last sale price $500,000 $260 Per Sq Ft

12 Days on Market

Highlights

  • 0.34 Acre Lot
  • No HOA
  • 1-Story Property
  • Spanish Architecture

About This Home

As of March 2020

Excellent investment opportunity for this 6 unit complex in an established sought after neighborhood. Each unit is approx. 465 Sq. Ft. fully rented with 1 bedroom and 1 bath, kitchens with gas ranges, bathroom with shower tub combos. Large shared common area backyard. Covered carport for 4 cars. Alley access. Oversized detached 1 car garage with an additional 4 bay storage and an onsite laundry room with bathroom. Don't miss out on owning a piece of Turlock history in the heart of downtown!

Last Agent to Sell the Property

Ryan Smith

Smith & Co. Realty License #01478529 Listed on: 02/13/2020

Co-Listed By

Shauna Teague

Smith & Co. Realty License #01480829

Last Buyer's Agent

Troy Ulrich

Ulrich Real Estate License #01817899

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,173

Year Built

  • Built in 1925

Lot Details

  • 0.34

Parking

  • 4 Covered Spaces

Home Design

  • Spanish Architecture
  • Raised Foundation

Additional Features

  • 1-Story Property
  • 0.34 Acre Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 061-033-053-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • 5 Units Leased Month-To-Month
  • Oral Lease Type

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,173

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1925
  • Architectural Style: Spanish
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range,Gas Water Heater
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rent Control,Rental/Lease Agmts,Structural Pest Control Report
  • Foundation: Raised
  • Listing Price: 585000.00
  • Roof: Composition,Flat,Tile

Garage/Parking

  • Covered Parking Spaces: 4
  • Parking Features: Carport,Street,Varies by Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Window Unit(s)
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Yard Space
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: MFR
  • Lot Size Acres: 0.3438
  • Lot Size Sq Ft: 14976

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 6

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Number of Leased Units: 6
  • Number of Month to Month Units: 5
  • Number of Units: 6
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 061-033-053-000
  • Current RE Taxes: 1173
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Stanislaus

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2020 03/19/20 Sold $500,000 -14.5% $260 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $585,000 -- $305 / 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
2025 $5,869 $546,818 $98,426 $448,392
2024 $5,760 $536,097 $96,497 $439,600
2023 $5,751 $525,586 $94,605 $430,981
2022 $5,679 $515,281 $92,750 $422,531
2021 $5,595 $505,179 $90,932 $414,247
2020 $1,192 $106,517 $26,615 $79,902
2019 $1,172 $104,430 $26,094 $78,336
2018 $1,171 $102,383 $25,583 $76,800
2017 $1,144 $100,377 $25,082 $75,295
2016 $1,069 $98,410 $24,591 $73,819
2015 $1,058 $96,933 $24,222 $72,711
2014 $1,047 $95,035 $23,748 $71,287
Source: Public Records

Agents Affiliated with this Home

  • Ryan Smith

    Seller's Agent in 2020

    Ryan Smith

    Smith & Co. Realty

    (209) 620-3920

    1 in this area

    25 Total Sales

    Ryan Smith
    Section Image
  • Shauna Teague

    Seller Co-Listing Agent in 2020

    Shauna Teague

    Smith & Co. Realty

    (209) 605-6189

    2 in this area

    27 Total Sales

    Shauna Teague
    Section Image
  • Troy Ulrich

    Buyer's Agent in 2020

    Troy Ulrich

    Ulrich Real Estate

    (209) 427-1789

    1 in this area

    79 Total Sales

    Troy Ulrich
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 20008559

MetroList
California Stanislaus County Turlock 95380 Downtown Turlock

1123 E Marshall St, Turlock, CA

Not Listed for Sale

MultiFamily

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