NOT LISTED FOR SALE

1808 Colorado Ave Turlock, CA 95382

Estimated Value: $858,000 - $996,577

10 Beds
8 Baths
4,728 Sq Ft
$196/Sq Ft Est. Value

Last Sold February 14, 2017

Last sale price $650,000 $137 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,604/month

182 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Carpet
  • Community Pool
  • Central Heating

About This Home

As of February 2017

Excellent income producing property in the heart of Turlock. Charming units close to shopping, schools, and hospital.Park like setting with a pool.

Last Agent to Sell the Property

Edvard Eshagh

Great Central Realty License #00780220 Listed on: 04/27/2016

Last Buyer's Agent

Steve Clark

Lathrop Realty, Inc License #AGOO3414

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,244

Year Built

  • Built in 1986

Lot Details

  • 8,625

Parking

  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Carpet

Additional Features

  • 8,625 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 072-039-046-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Community Pool

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,244

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1986
  • Stories: 2
  • Number of Two Bedroom Units: 2
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal
  • Other Equipment: None
  • Flooring: Carpet
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 650000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Pool
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: R4-9
  • Lot Size Acres: 0.1980
  • Lot Size Sq Ft: 8625

Rental Info

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

Multi Family

  • Gross Income: 47580
  • Income Includes: See Remarks
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 072-039-046-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2019
Sold by
Zhu Ke
Bought by
Khosravi Mehrdad
Current Estimated Value
$927,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,750
Outstanding Balance
$470,220
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$457,069

Purchase Details

Closed on
Sep 27, 2019
Sold by
Teixeira Edward
Bought by
Khosravi Mehrdad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,750
Outstanding Balance
$470,220
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$457,069

Purchase Details

Closed on
Aug 30, 2019
Sold by
Teixeira Isidoro A
Bought by
Teixeira Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,750
Outstanding Balance
$470,220
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$457,069

Purchase Details

Listed on
Apr 27, 2016
Closed on
Feb 14, 2017
Sold by
Ashley Investments Llc
Bought by
Teixeira Edward and Teixeira Isidoro A
Seller's Agent
Edvard Eshagh
Great Central Realty
Buyer's Agent
Steve Clark
Lathrop Realty, Inc
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$450,000
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 27, 2016
Closed on
Feb 10, 2017
Sold by
Teixeira Albertina L
Bought by
Teixeira Isidoro A
Seller's Agent
Edvard Eshagh
Great Central Realty
Buyer's Agent
Steve Clark
Lathrop Realty, Inc
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2008
Sold by
Deutsche Bank National Trust
Bought by
Ashley Investments Llc

Purchase Details

Closed on
Jul 29, 2008
Sold by
U S Bank Na
Bought by
Ashley Investments Llc

Purchase Details

Closed on
Feb 4, 2008
Sold by
Poeng Jimmy
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 24, 2006
Sold by
Poeng Jimmy
Bought by
Poeng Jimmy and Chho Reathy

Purchase Details

Closed on
Sep 28, 2005
Sold by
Poeng Reathy
Bought by
Poeng Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,000
Interest Rate
7.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2005
Sold by
Dhallin Arthur J and Dhallin Marlene
Bought by
Poeng Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,000
Interest Rate
7.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2005
Sold by
Dhallin Arthur J and Dhallin Marlene
Bought by
Dhallin Arthur J and Dhallin Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,000
Interest Rate
7.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2004
Sold by
Shirley Armbruter William and Shirley Armbruter
Bought by
Dhallin Arthur J and Dhallin Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.27%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Khosravi Mehrdad -- Old Republic Title Company
Khosravi Mehrdad $716,000 Old Republic Title Company
Teixeira Edward -- Old Republic Title Company
Teixeira Edward $650,000 North American Title Co Inc
Teixeira Isidoro A -- North American Title Co Inc
Ashley Investments Llc $349,900 Orange Coast Title
Ashley Investments Llc $400,000 Lawyers Title Company
Us Bank Na $540,000 Accommodation
Poeng Jimmy -- None Available
Poeng Jimmy -- North American Title Ins Co
Poeng Jimmy $720,000 North American Title Ins Co
Dhallin Arthur J -- North American Title Ins Co
Dhallin Arthur J -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khosravi Mehrdad $536,750
Previous Owner Teixeira Edward $450,000
Previous Owner Poeng Jimmy $578,000
Previous Owner Dhallin Arthur J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2017 02/14/17 Sold $650,000 0.0% $137 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $650,000 -- $137 / 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 $8,244 $767,693 $101,858 $665,835
2023 $8,231 $752,641 $99,861 $652,780
2022 $8,127 $737,884 $97,903 $639,981
2021 $8,007 $723,417 $95,984 $627,433
2020 $7,952 $716,000 $95,000 $621,000
2019 $7,533 $676,260 $41,616 $634,644
2018 $7,526 $663,000 $40,800 $622,200
2017 $5,023 $443,825 $110,954 $332,871
2016 $4,690 $435,124 $108,779 $326,345
2015 $3,951 $364,000 $62,500 $301,500
2014 $3,564 $325,000 $62,500 $262,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16025684

MetroList

APN: 072-39-46