NOT LISTED FOR SALE

1237 Geer Rd Turlock, CA 95380

Estimated Value: $652,000

9 Beds
4 Baths
4 Sq Ft
$163,000/Sq Ft Est. Value

Last Sold March 04, 2016

Last sale price $445,000 $111,250 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,926/month

42 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 1-Story Property

About This Home

As of March 2016

Great upside potentials for possible retail, commercial or apartments uses, over 1 acre of combined lot, two parcels..total of 5 units 2 single family homes and 1 triplex, all rented..addresses include. 1297 Geer Rd 1237 Geer Rd 1239 Geer Rd 1241 Geer Rd 1255 Geer Rd...bedrooms and bathroom counts must be verified.

Last Agent to Sell the Property

Nino Koochou

RE/MAX Grupe Gold License #01335001 Listed on: 11/24/2015

RE/MAX Grupe Gold

Last Buyer's Agent

Florence Moradkhan

PMZ Real Estate License #01458049

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,623

Year Built

  • Built in 1924

Lot Details

  • 0.6

Parking

  • Carport

Home Design

  • Contemporary Architecture
  • Composition Roof

Additional Features

  • 1-Story Property
  • 0.6 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 042-042-001-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 5 Leased Units
  • 5 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,623

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1924
  • Accessibility Features: 0
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 2
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: See Remarks

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: See Remarks
  • Listing Price: 550000.00
  • Patio And Porch Features: See Remarks
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport

Utilities

  • Security: See Remarks
  • Cooling: See Remarks
  • Heating: See Remarks

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: Comm/Res
  • Lot Size Acres: 0.5978
  • Lot Size Sq Ft: 26040

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 5

Multi Family

  • Gross Income: 42000
  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 5
  • Number of Month to Month Units: 5
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 042-042-001-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2020
Sold by
Yadegar Ashourban
Bought by
Yadegar Properties Llc
Current Estimated Value
$652,000

Purchase Details

Listed on
Nov 24, 2015
Closed on
Mar 1, 2016
Sold by
Yadegar Betsi
Bought by
Yadegar Ashourban
Seller's Agent
Nino Koochou
RE/MAX Grupe Gold
Buyer's Agent
Florence Moradkhan
PMZ Real Estate
List Price
$550,000
Sold Price
$445,000
Premium/Discount to List
-$105,000
-19.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%
Original Mortgage
$255,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 24, 2015
Closed on
Feb 26, 2016
Sold by
Ashour Yousefpour Nanet and Ashour Aghasi
Bought by
Yadegar Ashourban
Seller's Agent
Nino Koochou
RE/MAX Grupe Gold
Buyer's Agent
Florence Moradkhan
PMZ Real Estate
List Price
$550,000
Sold Price
$445,000
Premium/Discount to List
-$105,000
-19.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2013
Sold by
Mikhall Simon and Nobary Betty
Bought by
Yousefpour Nanet

Purchase Details

Closed on
May 20, 2011
Sold by
Aghasi Marona R and Aghasi Carolina
Bought by
Mikail Simon and Nobary Betty

Purchase Details

Closed on
Feb 13, 2004
Sold by
Aghasi Ashour and Aghasi Nanet Y
Bought by
Aghasi Marona R and Aghasi Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.68%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 3, 2000
Sold by
Aghasi Marona and Aghasi Carolina
Bought by
Marona Aghasi Ashour and Marona Aghasi

Purchase Details

Closed on
Jul 2, 1999
Sold by
Warda Daisy N and Warda Steve N
Bought by
Aghasi Marona and Aghasi Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.64%
Mortgage Type
Commercial
Source: Public Records

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
Yadegar Properties Llc $270,500 None Available
Yadegar Ashourban -- Old Republic Title Company
Yadegar Ashourban $445,000 Old Republic Title Company
Yousefpour Nanet -- Old Republic Title Company
Aghasi Ashour -- Old Republic Title Company
Yousefpour Nanet $175,000 Fidelity National Title Co
Mikail Simon $175,000 None Available
Aghasi Marona R -- Fidelity National Title
Marona Aghasi Ashour -- --
Aghasi Marona $150,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yadegar Ashourban $255,000
Previous Owner Aghasi Marona R $280,000
Previous Owner Aghasi Marona $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2016 03/04/16 Sold $445,000 -19.1% $111,250 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
11/24/2015 11/24/15 For Sale $550,000 -- $137,500 / 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 $5,623 $523,852 $213,259 $310,593
2024 $5,519 $513,581 $209,078 $304,503
2023 $5,510 $503,512 $204,979 $298,533
2022 $5,441 $493,640 $200,960 $292,680
2021 $5,360 $483,962 $197,020 $286,942
2020 $3,066 $275,477 $218,650 $56,827
2019 $3,015 $270,076 $214,363 $55,713
2018 $3,012 $264,781 $210,160 $54,621
2017 $2,942 $259,590 $206,040 $53,550
2016 $1,960 $181,216 $56,953 $124,263
2015 $1,941 $178,495 $56,098 $122,397
2014 $1,922 $175,000 $55,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • Nino Koochou

    Seller's Agent in 2016

    Nino Koochou

    RE/MAX

    (209) 814-3424

    14 Total Sales

    Nino Koochou
    Section Image
  • Florence Moradkhan

    Buyer's Agent in 2016

    Florence Moradkhan

    PMZ Real Estate

    (209) 527-2010

    6 Total Sales

    Florence Moradkhan
    Section Image
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Map

Source: MetroList

MLS Number: 15074436

MetroList

APN: 042-42-01

California Stanislaus County Turlock 95380

1237 Geer Rd, Turlock, CA

This home is located at 1237 Geer Rd, Turlock, CA 95380 since 24 November 2015 and is currently estimated at $652,000, approximately $163,000 per square foot. This property was built in 1924. 1237 Geer Rd is a home located in Stanislaus County with nearby schools including Crowell Elementary School, Marvin A. Dutcher Middle School, and Turlock Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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