NOT LISTED FOR SALE

1480 N Mitchell Ave Turlock, CA 95380

Estimated Value: $417,624 - $543,000

4 Beds
2 Baths
2,046 Sq Ft
$235/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $205,000 $100 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,730/month

117 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • Covered Patio or Porch
  • 2 Car Garage
  • 1-Story Property

About This Home

As of November 2014

Solid investment opportunity in Turlock! 2 units each 2 bedrooms and 1 full bath with a spacious floor plan. 1 unit is currently occupied and the 2nd unit is move in ready. Property features carpet and tile floors; a covered patio, a fireplace, and shower over tub in the bathroom. Home is located near dining and reatail

Last Agent to Sell the Property

Chad Costa

RE/MAX Executive License #01232905 Listed on: 07/03/2014

RE/MAX Executive

Co-Listed By

Matthew Enriquez

RE/MAX Executive License #01778606

Last Buyer's Agent

Dee Dee Thomas

Sequoia Property Management License #00555493

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 6,970

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Carpet
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 042-015-015-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1,600 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1979
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Range
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 225000.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1600
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 042-015-015-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2019
Sold by
Piersma Dick W and Piersma Darlene J
Bought by
Piersma Dick W and Piersma Darlene J
Current Estimated Value
$480,312

Purchase Details

Listed on
Jul 3, 2014
Closed on
Nov 4, 2014
Sold by
Kerr Robert W and Martin Susan
Bought by
Piersma Dick W and Piersma Darlene J
Seller's Agent
Chad Costa
RE/MAX Executive
Buyer's Agent
Dee Dee Thomas
Sequoia Property Management
List Price
$230,000
Sold Price
$205,000
Premium/Discount to List
-$25,000
-10.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$153,750
Outstanding Balance
$117,872
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$362,440

Purchase Details

Closed on
Jun 15, 2005
Sold by
Narsi Joseph A and Narsi Madleen M
Bought by
Kerr Robert W and Martin Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2002
Sold by
Narsi Joseph A and Narsi Madleen M
Bought by
Narsi Joseph A and Narsi Madleen 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
Piersma Dick W -- None Available
Piersma Dick W $205,000 First American Title Company
Kerr Robert W $450,500 Fidelity National Title
Narsi Joseph A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piersma Dick W $153,750
Previous Owner Kerr Robert W $150,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2014 11/21/14 Sold $205,000 -10.9% $100 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $230,000 -- $112 / 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 $2,650 $246,370 $75,110 $171,260
2024 $2,601 $241,540 $73,638 $167,902
2023 $2,597 $236,805 $72,195 $164,610
2022 $2,565 $232,163 $70,780 $161,383
2021 $2,516 $227,612 $69,393 $158,219
2020 $2,509 $225,279 $68,682 $156,597
2019 $2,468 $220,863 $67,336 $153,527
2018 $2,465 $216,533 $66,016 $150,517
2017 $2,408 $212,288 $64,722 $147,566
2016 $2,249 $208,126 $63,453 $144,673
2015 $2,228 $205,000 $62,500 $142,500
2014 $2,196 $200,000 $62,500 $137,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14041967

MetroList

APN: 042-15-15