NOT LISTED FOR SALE

Estimated Value: $590,565 - $647,000

6 Beds
3 Baths
2,268 Sq Ft
$271/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $350,000 $154 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,598/month

5 Days on Market

Highlights

  • 0.31 Acre Lot
  • High Speed Internet
  • 1-Story Property
  • No HOA

About This Home

As of March 2017

Great triplex with long term tenants, completely remodeled in the last 5 years with newer roof, ac and fencing. Outstanding investment opportunity!

Last Agent to Sell the Property

Aaron West

PMZ Real Estate License #01504116 Listed on: 03/02/2017

PMZ Real Estate

Last Buyer's Agent

Matt Irvin

Exp Realty of California Inc. License #01146115

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,134

Year Built

  • Built in 1968

Lot Details

  • 0.31 Acre Lot

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector
  • Free-Standing Gas Oven

Parking

  • 1 Parking Space Included
  • 5 Covered Spaces

Utilities

  • Wall Furnace
  • High Speed Internet

Listing and Financial Details

  • Security Deposit $2,400
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 066-019-028-000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Insurance Expense $1,441

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,134

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1968
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Brick Veneer,Frame,Lap Siding,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 339000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 5
  • Parking Features: Carport,1+ Space Per Unit

Utilities

  • Security: Smoke Detector
  • Utilities: Internet Available
  • Cooling: Ceiling Fan(s),Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Extra Storage,Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MLTFAM
  • Lot Size Acres: 0.3099
  • Lot Size Sq Ft: 13500

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 2400

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 1441
  • Number of Leased Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 066-019-028-000
  • Current RE Taxes: 4134

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2017
Closed on
Mar 26, 2017
Sold by
Meleg Robert and Meleg Cheryl Lynn
Bought by
Sacchetto Paolo and Vaccaro Graziella
Seller's Agent
Aaron West
PMZ Real Estate
Buyer's Agent
Matt Irvin
Exp Realty of California Inc.
List Price
$339,000
Sold Price
$350,000
Premium/Discount to List
$11,000
3.24%
Current Estimated Value
$613,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,522
Avg. Annual Appreciation
6.76%

Purchase Details

Closed on
Apr 29, 2004
Sold by
Sundance Development Inc
Bought by
Meleg Robert and Meleg Cheryl Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2003
Sold by
Gregory Development Co
Bought by
Sundance Development Inc
Source: Public Records

Range of Values:

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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
Sacchetto Paolo $347,000 Old Republic Title Company
Meleg Robert $360,000 Fidelity National Title
Sundance Development Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meleg Robert $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $350,000 +3.2% $154 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $339,000 -- $149 / 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 $4,450 $402,717 $80,077 $322,640
2024 $4,370 $394,821 $78,507 $316,314
2023 $4,287 $387,080 $76,968 $310,112
2022 $4,113 $379,491 $75,459 $304,032
2021 $4,041 $372,051 $73,980 $298,071
2020 $3,983 $368,237 $73,222 $295,015
2019 $3,910 $361,018 $71,787 $289,231
2018 $3,833 $353,940 $70,380 $283,560
2017 $4,486 $416,000 $69,000 $347,000
2016 $4,134 $378,000 $62,500 $315,500
2015 $3,446 $315,000 $62,500 $252,500
2014 $3,124 $281,000 $62,500 $218,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17010909

MetroList

APN: 066-19-28