NOT LISTED FOR SALE

2103 1st St Hughson, CA 95326

Estimated Value: $734,000 - $740,755

8 Beds
4 Baths
3,000 Sq Ft
$246/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $710,000 $237 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,530/month

7 Days on Market

Highlights

  • Corner Lot
  • Balcony
  • Bungalow
  • No HOA
  • Double Pane Windows
  • Tile Flooring

About This Home

As of December 2023

Welcome to 2103 1st St. located centrally between Modesto and Turlock, in the historic town of Hughson. This 4-unit property offers a rare investment opportunity. The property has been well maintained with recent updates including exterior paint, all new windows, rebuilt steal stairs and decking. The units very on the amount of updating but all have updated baths, flooring, etc. There are 3 units upstairs and 1 unit down. All units are 2-bedroom, 1-bath, with approximately 750 square feet of living space. Carports are located underneath the upper units. Don't miss the chance to own this well-maintained, centrally located 4-plex!

Last Agent to Sell the Property

Eric Hummel

HomeSmart PV & Associates License #01900317 Listed on: 11/13/2023

HomeSmart PV & Associates

Last Buyer's Agent

Eric Hummel

HomeSmart PV & Associates License #01900317 Listed on: 11/13/2023

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,810

Year Built

  • Built in 1982

Lot Details

  • 6,177 Sq Ft Lot
  • Corner Lot

Parking

  • Carport

Home Design

  • Quadruplex
  • Bungalow
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Free-Standing Electric Oven
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Property is located within a water district

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, gas, trash collection, water
  • Assessor Parcel Number 018-034-057-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • CPI Adjustment
  • Insurance Expense $2,200
  • Professional Management Expense $3,600
  • Net Operating Income $37,669

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,810

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built: 1982
  • Accessibility Features: 0
  • Architectural Style: Bungalow
  • Levels: Two
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Free Standing Electric Oven
  • Flooring: Carpet, Tile, Vinyl, Varies by Unit
  • Basement: None
  • Price Per Square Foot: 236.67
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Slab
  • Listing Price: 699900.00
  • Lot Features: Corner
  • Patio And Porch Features: Balcony/Deck
  • Property Condition: Varies by Unit
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 5.00
  • Parking Features: Carport

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: City, Electric
  • Cooling: Ductless
  • Heating: Electric
  • Laundry Features: Other
  • Water Source: Water District
  • Separate Meters: Electricity,Gas,Water

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Hughson Union

Lot Info

  • Zoning Description: R4
  • Irrigation: None
  • Lot Size Acres: 0.1418
  • Lot Size Sq Ft: 6177.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Gas, Trash Collection, Water
  • Lease Term: Month To Month
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: CPI Adjustment, Other
  • Insurance Expense: 2200
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Two Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 4
  • Two Bedroom Rent Range: $981-$1,295-$875-$1089

Tax Info

  • Assessor Parcel Number: 018-034-057-000
  • Current RE Taxes: 3810
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Dec 11, 2023
Sold by
Schieffer Electric Inc
Bought by
Crawford Kerry Lane and Crawford Lourdes
Seller's Agent
Eric Hummel
HomeSmart PV & Associates
Buyer's Agent
Eric Hummel
HomeSmart PV & Associates
List Price
$699,000
Sold Price
$710,000
Premium/Discount to List
$11,000
1.57%
Views
84
Current Estimated Value
$737,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,378
Avg. Annual Appreciation
1.82%
Original Mortgage
$532,500
Outstanding Balance
$522,358
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$215,020

Purchase Details

Listed on
Jun 5, 2016
Closed on
Jul 20, 2016
Sold by
Skillen Herbert G
Bought by
Schieffer Electric Inc
Seller's Agent
Joseph Bondi
PMZ Real Estate
Buyer's Agent
George Wright
Alpha Realty
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%

Purchase Details

Closed on
Feb 24, 2010
Sold by
Skillen Herbert G
Bought by
Skillen Herbert G

Purchase Details

Closed on
Mar 14, 2003
Sold by
Skillen Herbert G
Bought by
Skillen Herbert G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Crawford Kerry Lane $710,000 Chicago Title
Schieffer Electric Inc $300,000 Chicago Title Company
Skillen Herbert G -- None Available
Skillen Herbert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crawford Kerry Lane $532,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2023 12/18/23 Sold $710,000 +1.6% $237 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/13/2023 11/13/23 For Sale $699,000 +133.0% $233 / Sq Ft
07/25/2016 07/25/16 Sold $300,000 -7.7% $100 / Sq Ft View Prior Sale
06/15/2016 06/15/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $325,000 -- $108 / 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 $8,410 $724,200 $173,400 $550,800
2024 $7,896 $710,000 $170,000 $540,000
2023 $3,810 $334,650 $61,351 $273,299
2022 $3,747 $328,090 $60,149 $267,941
2021 $3,672 $321,658 $58,970 $262,688
2020 $3,618 $318,361 $58,366 $259,995
2019 $3,584 $312,120 $57,222 $254,898
2018 $3,453 $306,000 $56,100 $249,900
2017 $3,482 $300,000 $55,000 $245,000
2016 $2,967 $264,197 $51,283 $212,914
2015 $2,918 $260,229 $50,513 $209,716
2014 -- $255,132 $49,524 $205,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223109781

MetroList

APN: 018-34-57