NOT LISTED FOR SALE

Estimated Value: $868,000 - $927,435

8 Beds
8 Baths
4,280 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 23, 2019

Last sale price $635,000 $148 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,539/month

6 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

As of October 2019

This beautiful 4-plex was built, owned, maintained and managed by the same family since 1966. 2 units are single story and all units have long term tenants. Rents are well below market value so there is a big potential for increased income. Newer Presidential Roof, low maintenance landscape, separate electric garage door entry to garage with designated storage areas, separate private patios with access to walkway to Minaret Ave. This is a great location on the corner of Merritt and Minaret near Turlock Fire Station 31 and just a short walk to Downtown Turlock, Stanislaus County Public Library, and more.

Last Agent to Sell the Property

Kurt Palmberg

PMZ Real Estate License #01332885 Listed on: 09/06/2019

PMZ Real Estate

Last Buyer's Agent

Angela Perry

Century 21 Select Real Estate License #01214265

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,312

Year Built

  • Built in 1966

Lot Details

  • 10,498

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Split Level Home
  • Raised Foundation
  • Composition Roof

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • 2-Story Property
  • Covered Patio or Porch
  • 10,498 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 061-034-001-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,312

Year Built

Built in 1966

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1966
  • Levels: MultiSplit
  • Stories: 2
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Brick Veneer,Wood
  • Disclosures/Documents: CC&Rs,None
  • Foundation: Raised
  • Listing Price: 625000.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage,Street

Utilities

  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: APT
  • Lot Size Acres: 0.2410
  • Lot Size Sq Ft: 10498

Rental Info

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

Multi Family

  • Gross Income: 37500
  • Income Includes: Rent Only
  • Existing Lease Type: Oral,See Remarks
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 061-034-001-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2019
Closed on
Dec 16, 2019
Sold by
Wong Geoffrey A and Wong Virginia
Bought by
Wong Geoffrey A and Wong Virginia
Seller's Agent
Kurt Palmberg
PMZ Real Estate
Buyer's Agent
Angela Perry
Century 21 Select Real Estate
List Price
$625,000
Sold Price
$635,000
Premium/Discount to List
$10,000
1.6%
Current Estimated Value
$904,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,812
Avg. Annual Appreciation
5.50%
Original Mortgage
$476,250
Outstanding Balance
$421,787
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$446,367

Purchase Details

Listed on
Sep 6, 2019
Closed on
Oct 17, 2019
Sold by
Vincent Fredrick V and Vincent Linda D
Bought by
Wong Geoffrey A
Seller's Agent
Kurt Palmberg
PMZ Real Estate
Buyer's Agent
Angela Perry
Century 21 Select Real Estate
List Price
$625,000
Sold Price
$635,000
Premium/Discount to List
$10,000
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Outstanding Balance
$421,787
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$446,367

Purchase Details

Listed on
Sep 6, 2019
Closed on
Oct 16, 2019
Sold by
Wong Virginia
Bought by
Wong Geoffrey
Seller's Agent
Kurt Palmberg
PMZ Real Estate
Buyer's Agent
Angela Perry
Century 21 Select Real Estate
List Price
$625,000
Sold Price
$635,000
Premium/Discount to List
$10,000
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Outstanding Balance
$421,787
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$446,367

Purchase Details

Closed on
Nov 30, 2017
Sold by
Vincent George
Bought by
Vincent George B

Purchase Details

Closed on
Mar 11, 1998
Sold by
Vincent Fred
Bought by
Vincent Fredrick V and Vincent Linda D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wong Geoffrey A -- None Available
Wong Geoffrey A $635,000 Cypress Title Co
Wong Geoffrey -- Cypress Title Corporation
Vincent George B -- None Available
Vincent Fredrick V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Geoffrey A $476,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2019 10/23/19 Sold $635,000 +1.6% $148 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $625,000 -- $146 / 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 $7,312 $680,845 $209,078 $471,767
2023 $7,301 $667,496 $204,979 $462,517
2022 $7,209 $654,409 $200,960 $453,449
2021 $7,103 $641,578 $197,020 $444,558
2020 $7,054 $635,000 $195,000 $440,000
2019 $1,355 $120,853 $10,997 $109,856
2018 $1,354 $118,484 $10,782 $107,702
2017 $1,323 $116,162 $10,571 $105,591
2016 $1,236 $113,885 $10,364 $103,521
2015 $1,223 $112,176 $10,209 $101,967
2014 $1,211 $109,980 $10,010 $99,970
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 19063361

MetroList

APN: 061-34-01