NOT LISTED FOR SALE

1874 Carter Way Atwater, CA 95301

Atwater Area
12 Beds
8 Baths
5,016 Sq Ft
0.54 Acre Lot

Sale Details

Date Sold: July 10, 2025

Last sale price $720,000 $144 Per Sq Ft

24 Days on Market

Highlights

  • 0.54 Acre Lot
  • Cottage
  • 4 Car Detached Garage
  • No HOA
  • Fenced Yard
  • Central Heating and Cooling System

About This Home

As of July 2025

1874 - 1880 Carter Way is a stunning fourplex nestled in vibrant Atwater. With a generous footprint of 5016 square feet on a 23,594 square foot lot, this property has the possibility of adding additional dwellings. Built in 1974, the property boasts four spacious units. Each unit is approximately 1250 square and includes a large living room with fireplace, kitchen, dining area, indoor laundry, central heat and air PLUS 3 bedrooms with 2 baths. All units open out to large backyards. All four units are tenant occupied and rent-producing. The lot also features 4 single car garages, one for each unit and tenant parking space. Tenants pay for water and sewer. No need to look further - This property have everything you will need in an investment property!

Last Agent to Sell the Property

Ryan Smith

Smith & Co. Realty License #01478529 Listed on: 09/27/2024

Co-Listed By

Shauna Teague

Smith & Co. Realty License #01480829

Last Buyer's Agent

Ryan Smith

Smith & Co. Realty License #01478529 Listed on: 09/27/2024

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,758

Year Built

  • Built in 1974

Lot Details

  • 23,594 Sq Ft Lot
  • Fenced Yard

Parking

  • 4 Car Detached Garage
  • 2 Open Parking Spaces

Home Design

  • Quadruplex
  • Cottage
  • Concrete Foundation
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 5,016 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Laminate

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • 220 Volts
  • Natural Gas Connected
  • Separate Water Meter
  • High Speed Internet

Listing and Financial Details

  • Security Deposit $5,410
  • Tenant pays for cable TV, electricity, sewer, gas, water
  • Assessor Parcel Number 002-282-001-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 2 Units Leased Month-To-Month
  • Net Lease
  • Insurance Expense $3,159
  • Professional Management Expense $5,552

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,758

Year Built

Built in 1974

Lot Details

0.54 Acres

Parking

4

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Year Built: 1974
  • Levels: One
  • Stories: 1
  • Number of Three Bedroom Units: 4
  • Number Of3 Bedrooms Occupied: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Dishwasher, Disposal
  • Flooring: Carpet, Laminate, Linoleum
  • Price Per Square Foot: 143.54
  • Square Footage: 5016.00

Exterior Features

  • Construction Materials: Stucco
  • Exterior Features: Fenced Yard
  • Foundation: Slab, Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 675000.00
  • Lot Features: None
  • New Construction: No
  • Pool: No
  • Property Condition: Varies by Unit
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Open Parking Spaces: 2.00
  • Garage Spaces: 4.00
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: Natural Gas Connected, City, Electric, Internet Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Each Unit
  • Water Source: Meter on Site, Public
  • Separate Meters: Gas, Water

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning: P-D 2
  • Irrigation: None
  • Lot Size Acres: 0.5416
  • Lot Size Sq Ft: 23594.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Gas, Water
  • Total Deposit: 5410
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Insurance Expense: 3159
  • Number of Leased Units: 4
  • Number of Month to Month Units: 2
  • Number of Units: 4
  • Other Unit(s): Detached Cottage
  • Three Bedroom Rent Range: $1575-$1155

Tax Info

  • Assessor Parcel Number: 002-282-001-000
  • Current RE Taxes: 3758
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Jul 2, 2025
Sold by
Bought by
Seller's Agent
Ryan Smith
Smith & Co. Realty
Buyer's Agent
Ryan Smith
Smith & Co. Realty
List Price
$675,000
Sold Price
$720,000
Premium/Discount to List
$45,000
6.67%
Views
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$534,397
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2019
Sold by
Bought by

Purchase Details

Closed on
Mar 5, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$720,000 Wfg National Title
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $540,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/10/2025 07/10/25 Sold $720,000 +6.7% $144 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $675,000 -6.3% $135 / Sq Ft
09/28/2024 09/28/24 Off Market $720,000 -- --
09/27/2024 09/27/24 For Sale $675,000 -- $135 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,859 $362,885 $22,625 $340,260
2024 $3,859 $355,834 $22,182 $333,652
2023 $3,759 $348,817 $21,748 $327,069
2022 $3,718 $341,989 $21,322 $320,667
2021 $3,724 $335,294 $20,904 $314,390
2020 $3,685 $331,915 $20,690 $311,225
2019 $3,525 $325,366 $20,285 $305,081
2018 $3,083 $285,530 $120,000 $165,530
2017 $2,943 $270,530 $120,000 $150,530
2016 $2,814 $257,530 $115,000 $142,530
2015 $2,692 $245,530 $105,000 $140,530
2014 $2,413 $220,583 $95,000 $125,583
Source: Public Records

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Map

Source: MetroList

MLS Number: 224106491

MetroList

APN: 002-282-001

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