NOT LISTED FOR SALE

Estimated Value: $664,457

8 Beds
4 Baths
3,737 Sq Ft
$178/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $350,000 $94 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,867/month

36 Days on Market

Highlights

  • 0.32 Acre Lot
  • Cottage
  • 1-Story Property
  • No HOA
  • Covered Patio or Porch

About This Home

As of July 2016

2 Duplexes on one lot. split could be possible. Property being sold in AS IS condition. 2050 & 2048 Glendale has new dual pane windows and the garages both have new roofs.

Last Agent to Sell the Property

Thomas Weiss

Thomas Weiss Real Estate License #00369279 Listed on: 04/28/2016

Last Buyer's Agent

David Narsi

Powerhouse Realty License #01090336

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.32

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Cottage
  • Composition Roof

Additional Features

  • 1-Story Property
  • Covered Patio or Porch
  • 0.32 Acre Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 116-078-001-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Operating Expense $4,339

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1949
  • Architectural Style: Cottage/Bungalow
  • Levels: 0
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Free Standing Electric Range
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 361500.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage,Street

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Heating: Fireplace Insert,Floor Furnace,Natural Gas,Wall Furnace

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Public Trans Nearby,Separate Laundry Facility,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-3
  • Lot Size Acres: 0.3214
  • Lot Size Sq Ft: 14000

Rental Info

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

Multi Family

  • Operating Expense: 4339
  • 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: 116-078-001-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2018
Sold by
Narsi David
Bought by
Ochana Wedad
Current Estimated Value
$664,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Outstanding Balance
$252,230
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$412,227

Purchase Details

Listed on
Apr 28, 2016
Closed on
Jun 29, 2016
Sold by
Davis Robert C and Davis Shirley A
Bought by
Ochana Wedad
Seller's Agent
Thomas Weiss
Thomas Weiss Real Estate
Buyer's Agent
David Narsi
Powerhouse Realty
List Price
$361,500
Sold Price
$350,000
Premium/Discount to List
-$11,500
-3.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$250,000
Interest Rate
3.58%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 26, 2013
Sold by
Davis Robert C and Davis Shirley A
Bought by
Davis Robert C and Davis Shirley A

Purchase Details

Closed on
Aug 11, 2011
Sold by
Davis Robert C
Bought by
Davis Robert C and Davis Shirley A

Purchase Details

Closed on
Nov 6, 1998
Sold by
Davis Louise M
Bought by
Davis Louise M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ochana Wedad -- North American Title Co Inc
Ochana Wedad $350,000 First American Title Company
Davis Robert C -- None Available
Davis Robert C -- None Available
Davis Louise M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochana Wedad $291,000
Previous Owner Ochana Wedad $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $350,000 -3.2% $94 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $361,500 -- $97 / 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 $4,750 $406,198 $64,989 $341,209
2024 $4,537 $398,234 $63,715 $334,519
2023 $4,471 $390,426 $62,466 $327,960
2022 $4,362 $382,772 $61,242 $321,530
2021 $4,103 $375,268 $60,042 $315,226
2020 $4,184 $371,421 $59,427 $311,994
2019 $4,087 $364,139 $58,262 $305,877
2018 $3,891 $357,000 $57,120 $299,880
2017 $3,798 $350,000 $56,000 $294,000
2016 $1,110 $102,225 $35,358 $66,867
2015 $1,095 $100,690 $34,827 $65,863
2014 $1,078 $98,718 $34,145 $64,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16026024

MetroList

APN: 116-78-01