NOT LISTED FOR SALE

Estimated Value: $719,000 - $834,000

8 Beds
4 Baths
3,024 Sq Ft
$251/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $475,000 $157 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,495/month

13 Days on Market

About This Home

As of May 2018

Four Plex. Great income property. Opportunity to raise rents to market.

Last Agent to Sell the Property

Ken Elving

Matel REALTORS License #00641110 Listed on: 04/13/2018

Last Buyer's Agent

Joe Montoya

HomeSmart ICARE Realty License #01177673

HomeSmart ICARE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,972

Year Built

  • Built in 1969

Lot Details

  • 0.28

Parking

  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Composition Roof

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 0.28 Acre Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 066-019-026

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,972

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1969
  • Accessibility Features: 0
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other
  • Other Equipment: None
  • Flooring: See Remarks

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Other
  • Listing Price: 425000.00
  • Patio And Porch Features: Other
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport,1 Space Per Unit

Utilities

  • Security: Other
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.2801
  • Lot Size Sq Ft: 12200

Rental Info

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

Multi Family

  • Income Includes: Other
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 066-019-026

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
May 17, 2018
Sold by
Dula Rick D
Bought by
Peace Robert A
Seller's Agent
Ken Elving
Matel REALTORS
Buyer's Agent
Joe Montoya
HomeSmart ICARE Realty
List Price
$425,000
Sold Price
$475,000
Premium/Discount to List
$50,000
11.76%
Current Estimated Value
$759,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,864
Avg. Annual Appreciation
6.51%
Original Mortgage
$308,750
Outstanding Balance
$265,844
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$494,020

Purchase Details

Closed on
Jan 27, 2018
Sold by
Dula Rick D and Dula Richard
Bought by
Dula Rick D

Purchase Details

Closed on
Aug 30, 2001
Sold by
Dula Richard
Bought by
Dula Richard
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
Peace Robert A $475,000 Old Republic Title Co
Dula Rick D -- None Available
Dula Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peace Robert A $308,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $475,000 +11.8% $157 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $425,000 -- $141 / 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 $5,972 $540,463 $256,009 $284,454
2024 $5,865 $529,867 $250,990 $278,877
2023 $5,753 $519,478 $246,069 $273,409
2022 $5,520 $509,294 $241,245 $268,049
2021 $5,424 $499,309 $236,515 $262,794
2020 $5,345 $494,190 $234,090 $260,100
2019 $5,248 $484,500 $229,500 $255,000
2018 $2,602 $240,215 $61,766 $178,449
2017 $2,540 $235,505 $60,555 $174,950
2016 $2,525 $230,888 $59,368 $171,520
2015 $2,488 $227,421 $58,477 $168,944
2014 $2,479 $222,967 $57,332 $165,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18022912

MetroList

APN: 066-19-26