NOT LISTED FOR SALE

1205 Lambert Way Turlock, CA 95380

Estimated Value: $705,000 - $725,485

8 Beds
4 Baths
3,360 Sq Ft
$213/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $530,000 $158 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,984/month

70 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Central Heating and Cooling System
  • John H. Pitman High School Rated A-
  • Tile Flooring
  • 1-Story Property

About This Home

As of October 2020

Updated Corner lot 4-plex in Turlock... recently remodeled, this building has it all. Secure coin-operated laundry room, 2 bed 1 bath aprox 840 sqft units each. Independent Central HVAC systems for each & covered Car-port. Clean, responsible, long term tenants - 100% occupied - Dont miss this opportunity.

Last Listed By

Tony Alahverdi

TAG Realty Inc License #01399959 Listed on: 08/04/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 9,962 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Tile Flooring

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 061-040-013-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1980
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Oven,Gas Water Heater
  • Flooring: Tile
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rent Control
  • Foundation: Slab
  • Listing Price: 549900.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 4
  • Parking Features: 1 Space Per Unit
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: APT
  • Lot Size Acres: 0.2287
  • Lot Size Sq Ft: 9962

Rental Info

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

Multi Family

  • Gross Income: 36000
  • Income Includes: Coin Operated Equipment,See Remarks
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 061-040-013-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
City Of Turlock Housing Program Services and City Of Turlock
Bought by
We Care Program-Turlock
Total Days on Market
70
Current Estimated Value
$715,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,500
Outstanding Balance
$361,483
Interest Rate
6.35%
Estimated Equity
$340,907

Purchase Details

Listed on
Aug 4, 2020
Closed on
Oct 21, 2020
Sold by
Gonsalves Lloyd and Gonsalves Kateryna
Bought by
City Of Turlock Housing Program Services
Seller's Agent
Tony Alahverdi
TAG Realty Inc
Buyer's Agent
Tina Valenzuela
Seyer Realty & Prop. Mgmt.
List Price
$549,900
Sold Price
$530,000
Premium/Discount to List
-$19,900
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
Jul 29, 2020
Sold by
Gonsalves Lloyd and Gonsalves David
Bought by
Gonsalves Lloyd and Gonsalves Kateryna

Purchase Details

Closed on
May 31, 2019
Sold by
Gonsalves Lloyd
Bought by
Gonsalves Lloyd and Gonsalves David

Purchase Details

Closed on
Mar 12, 2012
Sold by
Fontana Mary Alice and Fontana William V
Bought by
Fontana William V

Purchase Details

Closed on
Mar 9, 2012
Sold by
Gonsalves Kateryna
Bought by
Gonsalves Lloyd D

Purchase Details

Closed on
Mar 8, 2012
Sold by
Vontana William V and Bowden Margaret J
Bought by
Gonsalves Lloyd D

Purchase Details

Closed on
Aug 10, 2011
Sold by
Smith Charles
Bought by
Fontana William V and Fontana Mary A

Purchase Details

Closed on
Jun 18, 2007
Sold by
Smith Jd
Bought by
Smith J D

Purchase Details

Closed on
Jan 10, 2007
Sold by
Smith Charles
Bought by
Smith Charles B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2006
Sold by
Searls Robert
Bought by
Smith Charles B

Purchase Details

Closed on
Jun 28, 2005
Sold by
Delhart B L
Bought by
Searls Robert

Purchase Details

Closed on
Apr 25, 2002
Sold by
Smith J D
Bought by
Delhart B L

Purchase Details

Closed on
Sep 26, 2001
Sold by
Delhart B L
Bought by
Smith J D

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
We Care Program-Turlock $725,000 Wfg National Title Insurance C
City Of Turlock Housing Program Services $530,000 Old Republic Title Company
Gonsalves Lloyd -- None Available
Gonsalves Lloyd -- None Available
Lee Don T -- Placer Title Company
Bowden Margaret J -- Placer Title Company
Gonsalves Lloyd D -- Placer Title Company
Gonsalves Lloyd D $90,000 Placer Title Company
Fontana William V $503,515 None Available
Smith J D -- Fidelity Natl Title Co Of Ca
Smith J D -- Fidelity Natl Title Co Of Ca
Smith Charles B -- Fidelity Natl Title Co Of Ca
Smith Charles B -- Fidelity National Title
Searls Robert -- Fidelity National Title
Delhart B L -- Fidelity National Title
Smith J D -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open We Care Program-Turlock $362,500
Closed We Care Program-Turlock $362,500
Previous Owner Smith Jd $183,400
Previous Owner Delhart B L $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $530,000 -3.6% $158 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
09/28/2020 09/28/20 Price Changed $549,900 0.0% $164 / Sq Ft
09/28/2020 09/28/20 For Sale $549,900 -0.9% $164 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/22/2020 08/22/20 Price Changed $554,900 -0.9% $165 / Sq Ft
08/04/2020 08/04/20 For Sale $559,900 -- $167 / 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 -- -- -- --
2023 $0 $0 $0 $0
2022 $2,115 $191,271 $35,504 $155,767
2021 $2,084 $187,521 $34,808 $152,713
2020 $2,069 $185,600 $34,452 $151,148
2019 $2,035 $181,962 $33,777 $148,185
2018 $2,033 $178,395 $33,115 $145,280
2017 $1,986 $174,898 $32,466 $142,432
2016 $1,855 $171,470 $31,830 $139,640
2015 $1,837 $168,895 $31,352 $137,543
2014 $1,819 $165,587 $30,738 $134,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20045402

MetroList

APN: 061-40-13