NOT LISTED FOR SALE

Estimated Value: $592,232

6 Beds
3 Baths
3,274 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 24, 2016

Last sale price $330,000 $101 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,456/month

182 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Garage
  • Enclosed Patio or Porch
  • Central Heating
  • 1-Story Property

About This Home

As of May 2016

Beautifully maintained duplex/triplex. All units have central heat and air, dual pane windows. 3 units, 1 is a 2 bedroom 1 bath, 1 is a 3 bedroom, 1 bath and the back unit is a 1 bedroom, 1 bath. All have long term renters in place that would love to stay. 1 unit has a 2 car garage and private back yard. The other units share a large yard area.

Last Agent to Sell the Property

Judy Loosli

Sierra Sotheby's International Realty License #01734654 Listed on: 10/07/2015

Sierra Sotheby's International Realty

Last Buyer's Agent

Trever Balzer

Weeks Real Estate License #01936187

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 9,439

Parking

  • Garage

Home Design

  • Triplex

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • Enclosed Patio or Porch
  • 9,439 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity gas see remarks
  • Assessor Parcel Number 032-013-027-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1977
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven,Microwave
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Transfer Disclosure Statement
  • Listing Price: 350000.00
  • Patio And Porch Features: Enclosed Patio
  • Roof: Composition,Tile

Garage/Parking

  • Parking Features: Garage

Utilities

  • Security: Fire Alarm,Smoke Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R3
  • Lot Size Acres: 0.2167
  • Lot Size Sq Ft: 9439

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,See Remarks
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 3
  • Number of Units: 3
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 032-013-027-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2015
Closed on
May 6, 2016
Sold by
Gaither Christopher Steven
Bought by
Corbett Corinne M
Seller's Agent
Judy Loosli
Sierra Sotheby's International Realty
Buyer's Agent
Trever Balzer
Weeks Real Estate
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%
Current Estimated Value
$592,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,232
Avg. Annual Appreciation
6.33%
Original Mortgage
$256,000
Outstanding Balance
$202,774
Interest Rate
3.59%
Mortgage Type
Commercial
Estimated Equity
$395,630

Purchase Details

Closed on
Jul 21, 2015
Sold by
Gaither Dale
Bought by
Gaither Christopher Steven and Gaither Nicholas James

Purchase Details

Closed on
Aug 3, 2005
Sold by
Gaither Dale
Bought by
Gaither Dale and Gaither Glenda

Purchase Details

Closed on
Apr 20, 2001
Sold by
Jennings John N
Bought by
Gaither Dale and Gaither Glenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,700
Interest Rate
6.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2000
Sold by
Gaither Dale and Gaither Glenda
Bought by
Jennings John N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
8.14%
Mortgage Type
Commercial
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
Corbett Corinne M $330,000 Orange Coast Title Of Norcal
Gaither Christopher Steven -- None Available
Gaither Dale -- --
Gaither Dale $252,000 Alliance Title Company
Jennings John N $240,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corbett Corinne M $256,000
Previous Owner Gaither Dale $226,700
Previous Owner Jennings John N $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2016 05/24/16 Sold $330,000 -5.7% $101 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
10/07/2015 10/07/15 For Sale $350,000 -- $107 / 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 $4,568 $390,644 $66,880 $323,764
2024 $4,364 $382,985 $65,569 $317,416
2023 $4,299 $375,477 $64,284 $311,193
2022 $4,195 $368,116 $63,024 $305,092
2021 $3,946 $360,899 $61,789 $299,110
2020 $4,023 $357,199 $61,156 $296,043
2019 $3,930 $350,196 $59,957 $290,239
2018 $3,742 $343,331 $58,782 $284,549
2017 $3,652 $336,600 $57,630 $278,970
2016 $3,105 $286,000 $56,500 $229,500
2015 $2,588 $238,000 $56,500 $181,500
2014 $2,402 $220,000 $56,500 $163,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15065735

MetroList

APN: 032-13-27