NOT LISTED FOR SALE

Estimated Value: $566,000 - $601,000

8 Beds
4 Baths
3,744 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $570,000 $152 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,711/month

29 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Tile Flooring
  • Fenced Yard
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of June 2023

Hard to find 4-plex (4 unit building) with 2bd per unit and central ac/heat for under $600,000, that is only at 150,000 per unit. 4 covered carport parking spaces (1 per unit) plus at least two open parking spaces per unit. Dual pane windows, most flooring is tile and just solid units. A little paint and cosmetic work will get them looking great again. $900 a month oer unit is the current rent which is very low as other units in the neighborhood are rented at $200 and $300 higher.

Last Agent to Sell the Property

Victor Barraza

PMZ Real Estate License #01044484 Listed on: 04/24/2023

PMZ Real Estate

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.3 Acre Lot
  • Fenced Yard
  • Level Lot

Home Design

  • Quadruplex
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 12 Parking Spaces
  • 4 Carport Spaces
  • 8 Open Parking Spaces

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 037-051-017-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 1
  • Year Built: 1977
  • Architectural Style: Ranch
  • Levels: One
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven, Free Standing Gas Range, Microwave
  • Flooring: Carpet, Tile, Laminate
  • Basement: None
  • Price Per Square Foot: 152.24
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Frame, Wood
  • Exterior Features: Fenced Yard
  • Foundation: Concrete, Slab
  • Listing Price: 599900.00
  • Lot Features: Curbs/Gutters, Sidewalk
  • Roof: Composition
  • Topography: Level

Garage/Parking

  • Open Parking Spaces: 8.00
  • Carport Spaces: 4.00
  • Parking Features: Open, Carport
  • Total Parking Spaces: 12.00
  • Guest Spaces: 4

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Other
  • Utilities: Natural Gas Connected, City
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Each Unit, Laundry Closet, Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R3
  • Irrigation: Public District
  • Lot Size Acres: 0.2984
  • Lot Dimensions: IRREG RECTANGULAR
  • Lot Size Sq Ft: 12998.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: Other
  • Total # Leasable: 4

Multi Family

  • Income Includes: Other
  • Number of Leased Units: 4
  • Number of Month to Month Units: 2
  • Number of Units: 4
  • Two Bedrooms Occupied: 4

Tax Info

  • Assessor Parcel Number: 037-051-017-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jun 8, 2023
Sold by
Eric And Lindsey Lacoste 2070 Trust
Bought by
Nagamanikya Chandra Venkata Math and Kyasa Ganesh
Seller's Agent
Victor Barraza
PMZ Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$599,900
Sold Price
$570,000
Premium/Discount to List
-$29,900
-4.98%
Views
351
Current Estimated Value
$599,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,114
Avg. Annual Appreciation
1.30%
Original Mortgage
$342,000
Outstanding Balance
$332,421
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$256,646

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jun 1, 2023
Sold by
Kalangi Hymayathi
Bought by
Kalangi Pradeep
Seller's Agent
Victor Barraza
PMZ Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$599,900
Sold Price
$570,000
Premium/Discount to List
-$29,900
-4.98%
Views
351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Outstanding Balance
$332,421
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$256,646

Purchase Details

Closed on
Mar 30, 2020
Sold by
Lacoste Eric and Lacoste Lindsey
Bought by
Lacoste Eric and Lacoste Lindsey

Purchase Details

Closed on
Aug 21, 2013
Sold by
Grevemberg Neil A and Lacoste Eric R
Bought by
Grevemberg Neil A and Grevemberg Sally R

Purchase Details

Listed on
Apr 4, 2013
Closed on
Apr 24, 2013
Sold by
Deutsche Bank National Trust
Bought by
Grevemberg Neil and Lacoste Eric
Seller's Agent
Ken Elving
Matel REALTORS
Buyer's Agent
Judi Wood
Matel REALTORS
List Price
$119,900
Sold Price
$132,000
Premium/Discount to List
$12,100
10.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%

Purchase Details

Closed on
Jan 18, 2013
Sold by
Morales Evelyn
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 30, 2006
Sold by
Hocking Carmen
Bought by
Morales Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,450
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 11, 2006
Sold by
Hocking Audra and Hocking Donovan
Bought by
Hocking Carmen

Purchase Details

Closed on
Jan 17, 2001
Sold by
Medina and Dolores
Bought by
Hocking Donovan and Hocking Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.41%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Nagamanikya Chandra Venkata Math $570,000 Old Republic Title
Kalangi Pradeep -- Old Republic Title
Kyasa Ganesh -- Old Republic Title
Nagamanikya Chandra Venkata Math -- Old Republic Title
Lacoste Eric -- None Available
Grevemberg Neil A -- None Available
Grevemberg Neil $132,000 Servicelink
Deutsche Bank National Trust Company $121,500 None Available
Morales Evelyn $550,000 Old Republic Title Company
Hocking Carmen -- None Available
Hocking Audra -- Accommodation
Hocking Donovan $155,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalangi Pradeep $342,000
Previous Owner Morales Evelyn $434,450
Previous Owner Hocking Donovan $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2023 06/27/23 Sold $570,000 -5.0% $152 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $599,900 +354.5% $160 / Sq Ft
05/31/2013 05/31/13 Sold $132,000 +10.1% $35 / Sq Ft View Prior Sale
04/22/2013 04/22/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $119,900 -- $32 / 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 $6,935 $593,028 $176,868 $416,160
2024 $6,624 $581,400 $173,400 $408,000
2023 $1,789 $156,227 $35,504 $120,723
2022 $1,745 $153,164 $34,808 $118,356
2021 $1,642 $150,162 $34,126 $116,036
2020 $1,674 $148,624 $33,777 $114,847
2019 $1,635 $145,711 $33,115 $112,596
2018 $1,557 $142,855 $32,466 $110,389
2017 $1,520 $140,055 $31,830 $108,225
2016 $1,491 $137,309 $31,206 $106,103
2015 $1,471 $135,248 $30,738 $104,510
2014 $1,448 $132,599 $30,136 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223034509

MetroList

APN: 037-51-17