NOT LISTED FOR SALE

2500 N Walnut Rd Turlock, CA 95382

Estimated Value: $581,000 - $623,505

4 Beds
3 Baths
2,130 Sq Ft
$285/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $550,000 $258 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,695/month

5 Days on Market

Highlights

  • Balcony
  • 4 Car Attached Garage
  • Walk-In Closet
  • John H. Pitman High School Rated A-
  • Double Pane Windows
  • Secured Garage or Parking

About This Home

As of May 2021

Beautifully remodeled duplex in Turlock near CSU Stanislaus. Each unit is townhome style (two-story) with 2 large bedrooms, walk-in closets and 1 1/2 baths. Updated interiors include carpet, paint, window coverings, ceiling fans, LED can lights, brushed nickel hardware throughout, refrigerators with ice makers, dishwashers, ovens, microwaves, electrical switches/receptacles, toilets, sinks, vanities and hardware, tiled shower enclosure with tubs. Exterior building re-painted and recently installed front landscaping with low-maintenance shrubs, rocks and auto-drip systems. Each unit also has its own private patio/backyard with gate access. Laundry hookups inside the sizable 2 car garages (with garage door openers). Centrally located residences (walking/biking distance to CSU Stanislaus) in beautiful Turlock with all that the town has to offer. Fabulous investment opportunity or family compound/generational living. Currently, both units are rented month-to-month - please do not disturb.

Last Agent to Sell the Property

Marti Meyer

Christie's International Real Estate Sereno License #01946083 Listed on: 04/16/2021

Christie's International Real Estate Sereno

Property Details

Home Type

  • Multi-Family

Year Built

  • 1994

Lot Details

  • 6,460 Sq Ft Lot
  • Fenced
  • Grass Covered Lot
  • Back Yard

Parking

  • 4 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Fiberglass Roof

Interior Spaces

  • 2,130 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Low Flow Toliet

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $35,360

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $969
  • Utility Expense $180
  • Operating Expense $5,074
  • Gross Income $35,360

Property Details

Home Type

Multi-Family

Year Built

1994

Lot Details

0

Parking

4

Listing Details

  • Zoning: PD195
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2130
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1994

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Ice Maker, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 2130
  • Stories: 2
  • Security: Secured Garage / Parking
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Fiberglass, Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Low Maintenance

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan, Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Lot Info

  • Lot Acres: 0.1483
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6458.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6458.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month, Security Deposit
  • Gross Rent Multiplier: 14.00
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 969
  • Expenses Total: 5074
  • Expenses Utility: 180
  • Income Annual Gross: 35360.00
  • Income Annual Rental: 35360
  • Income Gross Scheduled: 35360
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 13, 2021
Sold by
White Gregory R and White Sherrie L
Bought by
Gomez Marco Antonio and Vela Gomez Elizabeth
Seller's Agent
Marti Meyer
Christie's International Real Estate Sereno
List Price
$495,000
Sold Price
$550,000
Premium/Discount to List
$55,000
11.11%
Current Estimated Value
$604,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,897
Avg. Annual Appreciation
2.15%
Original Mortgage
$440,000
Outstanding Balance
$397,901
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$209,267

Purchase Details

Listed on
Oct 2, 2015
Closed on
Dec 16, 2015
Sold by
Shen Siu Anthony F and Shen Jung Mable
Bought by
White Revocable Trust
Seller's Agent
misty watson
Powerhouse Realty
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%

Purchase Details

Closed on
Dec 18, 2003
Sold by
Shen Siu Anthony F and Shen Jung Mable
Bought by
Shen Siu Anthony F and Shen Jung Mable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 2002
Sold by
Shen Siu Anthony F and Shen Jung Mable
Bought by
Shen Siu Anthony F and Shen Jung Mable

Purchase Details

Closed on
Mar 15, 2001
Sold by
Henisey Kenneth J and Henisey Beatrice L
Bought by
Shen Siu Anthony Fook Chung and Shen Jung Mable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.09%
Mortgage Type
Commercial
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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Purchase History

Date Buyer Sale Price Title Company
Gomez Marco Antonio $550,000 Old Republic Title Company
White Revocable Trust $300,000 Old Republic Title Company
Shen Siu Anthony F -- Fidelity National Title
Shen Siu Anthony F -- --
Shen Siu Anthony F -- --
Shen Siu Anthony Fook Chung $163,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Marco Antonio $440,000
Previous Owner Shen Siu Anthony F $190,000
Previous Owner Shen Siu Anthony Fook Chung $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2021 05/24/21 Sold $550,000 +11.1% $258 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $495,000 +65.0% $232 / Sq Ft
12/22/2015 12/22/15 Sold $300,000 -3.2% $141 / Sq Ft View Prior Sale
12/09/2015 12/09/15 Pending -- -- --
10/02/2015 10/02/15 For Sale $310,000 -- $146 / Sq Ft
Source: MLSListings

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 $6,389 $595,336 $173,188 $422,148
2024 $6,629 $583,664 $169,793 $413,871
2023 $6,607 $572,220 $166,464 $405,756
2022 $6,516 $561,000 $163,200 $397,800
2021 $3,961 $328,090 $61,242 $266,848
2020 $3,925 $324,727 $60,615 $264,112
2019 $3,854 $318,361 $59,427 $258,934
2018 $3,841 $312,119 $58,262 $253,857
2017 $3,748 $306,000 $57,120 $248,880
2016 $3,509 $300,000 $56,000 $244,000
2015 $2,491 $204,983 $51,400 $153,583
2014 $2,461 $200,969 $50,394 $150,575
Source: Public Records

Agents Affiliated with this Home

  • Marti Meyer

    Seller's Agent in 2021

    Marti Meyer

    Sereno Group

    (831) 227-1268

    29 Total Sales

    Marti Meyer
    Section Image
  • misty watson

    Seller's Agent in 2015

    misty watson

    Powerhouse Realty

    (209) 480-3176

    24 Total Sales

    misty watson
    Section Image

  • N

    Buyer's Agent in 2015

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81839417

MLSListings

APN: 071-26-86

California Stanislaus County Turlock 95382

2500 N Walnut Rd, Turlock, CA

Not Listed for Sale

MultiFamily

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