NOT LISTED FOR SALE

1405 Eucalyptus Ave Newman, CA 95360

30 Beds
1 Bath
750 Sq Ft
1.3 Acres

Last Sold June 21, 2013

Last sale price $870,000 $1,160 Per Sq Ft

19 Days on Market

Highlights

  • 1.3 Acre Lot
  • No HOA
  • Heating Available
  • Contemporary Architecture
  • Community Storage Space
  • 4-minute walk to Charles F. Klehn Memorial Park

About This Home

As of June 2013

1405 Eucalyptus Newman CA is located in the southern portion of Stanislaus County in heart of Central California. The apartment complex was originally and continues as a senior housing apartment consisting of 30 spacious 1-bd/1-ba units of approx. 750 sf. Apartment layout consists of 7 individual bldgs: six 4-unit bldgs and one 6-unit bldgs located on 1.3 acres. Tenants are long term and enjoy the quietness, simplicity, and serenity of the community. Each unit is wheelchair accessible.

Last Agent to Sell the Property

Daniel Akulow

Access Real Estate License #01481066 Listed on: 05/02/2013

Last Buyer's Agent

Dale Smith

RE/MAX Executive License #01895105

RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 1.3 Acre Lot

Parking

  • Open Parking

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Fire and Smoke Detector
  • Leased Washer and Dryer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable tv electricity see remarks
  • Assessor Parcel Number 128-022-015

Community Details

Overview

  • No Home Owners Association
  • 7 Buildings
  • 30 Units

Amenities

  • Community Storage Space

Building Details

  • 6 Vacant Units
  • Insurance Expense $4,293
  • Operating Expense $92,774

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1978
  • Accessibility Features: 0
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 895000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Security: Smoke Detector
  • Cooling: Wall Unit(s)
  • Heating: Electric
  • Laundry Features: Washer/Dryer Leased

Condo/Co-op/Association

  • Association Features: Extra Storage
  • Association: No

Schools

  • Senior High School District: Newman-Crows Landing

Lot Info

  • Zoning Description: multi-unit residential
  • Lot Size Acres: 1.3000
  • Lot Size Sq Ft: 56628

Rental Info

  • Tenant Pays: Cable TV,Electricity,See Remarks
  • Total # Leasable: 29

Multi Family

  • Operating Expense: 92774
  • Income Includes: Coin Operated Equipment,Laundry
  • Insurance Expense: 4293
  • Number of Units: 30
  • Number of Vacant Units: 6
  • Units Furnished: None
  • Gross Income Multiplier: 5.200

Tax Info

  • Assessor Parcel Number: 128-022-015

MLS Schools

  • School District (County): Stanislaus

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2013 06/21/13 Sold $870,000 -2.8% $1,160 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $895,000 -- $1,193 / 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 $13,485 $1,062,085 $246,282 $815,803
2024 $13,207 $1,044,131 $241,453 $802,678
2023 $12,850 $1,021,776 $236,719 $785,057
2022 $12,670 $1,002,213 $232,078 $770,135
2021 $12,500 $983,033 $227,528 $755,505
2020 $12,300 $975,600 $225,195 $750,405
2019 $12,334 $954,589 $220,780 $733,809
2018 $11,588 $936,343 $216,451 $719,892
2017 $12,540 $918,455 $212,207 $706,248
2016 $11,218 $900,918 $208,047 $692,871
2015 $11,600 $890,746 $204,922 $685,824
2014 $11,521 $873,827 $200,908 $672,919
Source: Public Records

Agents Affiliated with this Home

  • Daniel Akulow

    Seller's Agent in 2013

    Daniel Akulow

    Access Real Estate

    (209) 602-0299

    12 Total Sales

    Daniel Akulow
    Section Image

  • D

    Buyer's Agent in 2013

    Dale Smith

    RE/MAX

    Section Image
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Map

Source: MetroList

MLS Number: 13023626

MetroList
California Stanislaus County Newman 95360

1405 Eucalyptus Ave, Newman, CA

Not Listed for Sale

MultiFamily

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