NOT LISTED FOR SALE

1245 Lambert Way Turlock, CA 95380

Estimated Value: $654,342 - $706,000

8 Beds
4 Baths
3,360 Sq Ft
$205/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $450,000 $134 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,264/month

6 Days on Market

Highlights

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

About This Home

As of August 2019

FOURPLEX. Each unit is 2 Bedrooms/1 Bathroom. Units have newer updates, A/C, roof, paint, flooring, appliances, dual pane windows. One space carport for each unit. Separate laundry facility with coin-op washer/dryer. Very nicely maintained. Do not go onto property or approach tenants.

Last Listed By

Joseph Calderon

Joseph Calderon, Broker License #01383574 Listed on: 06/26/2019

Joseph Calderon, Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,151

Year Built

  • Built in 1980

Lot Details

  • 8,851 Sq Ft Lot

Parking

  • 4 Covered Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Carpet

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 061-040-014-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,151

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: Free Standing Electric Oven,Free Standing Refrigerator
  • Flooring: Carpet
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Foundation: Slab
  • Listing Price: 465000.00
  • Roof: Composition

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: 4-9 Income Units
  • Lot Size Acres: 0.2032
  • Lot Size Sq Ft: 8851

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas

Multi Family

  • Gross Income: 36720
  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 061-040-014-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2019
Sold by
Mendonca Jeffrey R and Inzerillo Dino J
Bought by
J & D Investment Properties Llc
Total Days on Market
6
Current Estimated Value
$688,447

Purchase Details

Listed on
Jun 26, 2019
Closed on
Aug 1, 2019
Sold by
Triple L Properties Llc
Bought by
Mendonca Jeffrey R and Inzerillo Dino J
Seller's Agent
Joseph Calderon
Joseph Calderon, Broker
Buyer's Agent
Rodney Roloff
`
List Price
$465,000
Sold Price
$450,000
Premium/Discount to List
-$15,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$270,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2019
Closed on
Jul 31, 2019
Sold by
Mendonca Kimberly D
Bought by
Mendonca Jeffrey R
Seller's Agent
Joseph Calderon
Joseph Calderon, Broker
Buyer's Agent
Rodney Roloff
`
List Price
$465,000
Sold Price
$450,000
Premium/Discount to List
-$15,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2012
Sold by
Robertson Anne R
Bought by
Triple L Properties Llc

Purchase Details

Closed on
Aug 17, 2011
Sold by
Smith Charles B
Bought by
Robertson Anne R

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

Purchase Details

Closed on
Nov 1, 2000
Sold by
Azevedo John M and Azevedo Oldina
Bought by
Deihart B L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
7.54%
Mortgage Type
Construction

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
J & D Investment Properties Llc -- None Available
Mendonca Jeffrey R $450,000 Stewart Title Of Ca Inc
Mendonca Jeffrey R -- Stewart Title Of Ca Inc
Triple L Properties Llc $145,000 Fidelity National Title Co
Robertson Anne R $488,936 None Available
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
Deihart B L $145,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendonca Jeffrey R $270,000
Previous Owner Smith Charles B $420,000
Previous Owner Smith Jd $183,400
Previous Owner Deihart B L $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2019 08/05/19 Sold $450,000 -3.2% $134 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $465,000 -- $138 / 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 $5,151 $479,270 $87,918 $391,352
2023 $5,143 $469,874 $86,195 $383,679
2022 $5,078 $460,661 $84,505 $376,156
2021 $5,003 $451,630 $82,849 $368,781
2020 $4,969 $447,000 $82,000 $365,000
2019 $1,791 $160,062 $33,115 $126,947
2018 $1,790 $156,924 $32,466 $124,458
2017 $1,748 $153,848 $31,830 $122,018
2016 $1,633 $150,832 $31,206 $119,626
2015 $1,617 $148,568 $30,738 $117,830
2014 $1,601 $145,658 $30,136 $115,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19044608

MetroList

APN: 061-40-14