NOT LISTED FOR SALE

Estimated Value: $517,000 - $685,906

4 Beds
4 Baths
2,380 Sq Ft
$253/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $360,000 $151 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,574/month

17 Days on Market

About This Home

As of July 2016

ZONED FOR APARTMENTS CAN ADD ADDITIONAL 4-8 UNITS. LONG TERM TENANTS. EACH UNIT HAS SEPARATE PARKING AND ONE CAR GARAGE, FRONT AND BACK YARD. GREAT LOCATION NEAR DOWNTOWN AREA, SCHOOL, PARK, OTHER FACILITIES.

Last Agent to Sell the Property

Dennis Lilly

Berkshire Hathaway HomeServices-Drysdale Properties License #00999246 Listed on: 05/24/2016

Berkshire Hathaway HomeServices-Drysdale Properties

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 13,499 Sq Ft Lot

Parking

  • 5 Car Garage
  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Listing and Financial Details

  • Security Deposit $1,300
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 111-007-040-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Operating Expense $5,065

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0.31 Acres

Parking

5

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1949
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven,Free Standing Electric Range
  • Flooring: Laminate,Tile
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,Structural Pest Control Report,Transfer Disclosure Statement
  • Listing Price: 367000.00
  • Patio And Porch Features: See Remarks
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Connected,Dish Antenna
  • Cooling: Ceiling Fan(s),Window Unit(s)
  • Heating: Natural Gas,Wall Furnace

Condo/Co-op/Association

  • Association Features: Extra Storage,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: APPARTMETNS
  • Lot Size Acres: 0.3099
  • Lot Size Sq Ft: 13499

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 1300
  • Total # Leasable: 4

Multi Family

  • Operating Expense: 5065
  • Income Includes: Rent Only,See Remarks
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 111-007-040-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2016
Closed on
Jul 20, 2016
Sold by
Koch Melissa J
Bought by
Dressler Dustin L
Seller's Agent
Dennis Lilly
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$367,000
Sold Price
$360,000
Premium/Discount to List
-$7,000
-1.91%
Current Estimated Value
$601,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,969
Avg. Annual Appreciation
5.47%
Original Mortgage
$270,000
Outstanding Balance
$215,263
Interest Rate
3.54%
Mortgage Type
Commercial
Estimated Equity
$386,706

Purchase Details

Closed on
Aug 24, 2008
Sold by
Rancano Juan Carlos
Bought by
Roselle Farms

Purchase Details

Closed on
Jun 24, 2008
Sold by
Mauerman Michael and Mauerman Michael Richard
Bought by
Rancano Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,550
Interest Rate
5.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 15, 2008
Sold by
Rancano Leslie
Bought by
Rancano Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,550
Interest Rate
5.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 17, 1996
Sold by
Nicolini Michael J and Nicolini Diane
Bought by
Mauerman Michael and Mauerman Anna
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dressler Dustin L -- First American Title Company
Dressler Dustin L $360,000 First American Title Company
Roselle Farms -- None Available
Rancano Juan Carlos $363,000 Old Republic Title Company
Rancano Juan Carlos -- Old Republic Title Company
Mauerman Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dressler Dustin L $270,000
Previous Owner Rancano Juan Carlos $308,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2016 07/27/16 Sold $360,000 -1.9% $151 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $367,000 -- $154 / Sq Ft
Source: MetroList

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 $4,886 $417,803 $62,667 $355,136
2024 $4,667 $409,612 $61,439 $348,173
2023 $4,598 $401,582 $60,235 $341,347
2022 $4,487 $393,708 $59,054 $334,654
2021 $4,220 $385,990 $57,897 $328,093
2020 $4,303 $382,033 $57,304 $324,729
2019 $4,204 $374,543 $56,181 $318,362
2018 $4,002 $367,200 $55,080 $312,120
2017 $3,906 $360,000 $54,000 $306,000
2016 $2,909 $268,000 $56,500 $211,500
2015 $2,435 $224,000 $56,500 $167,500
2014 $2,184 $200,000 $56,500 $143,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16032654

MetroList

APN: 111-07-40

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