NOT LISTED FOR SALE
8 Beds
4 Baths
3,200 Sq Ft
2.37 Acre Lot

Sale Details

Date Sold: June 27, 2014

Last sale price $1,199,000 $375 Per Sq Ft

74 Days on Market

Highlights

  • 2.37 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of June 2014

26 Unit Village for sale. Walking distance to downtown Patterson. Each unit rents for $600 a month. Fantastic Cash Flow Opportunity!

Last Agent to Sell the Property

George MacMaster

Mountain Valley Properties License #01184629 Listed on: 02/07/2014

Last Buyer's Agent

George MacMaster

Mountain Valley Properties License #01184629 Listed on: 02/07/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,092

Year Built

  • Built in 1940

Lot Details

  • 2.37 Acre Lot
  • Lot Dimensions are 180 x 520

Parking

  • 14 Open Parking Spaces
  • 1 Car Garage
  • Carport

Home Design

  • Shake Roof

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 047-038-067-000

Community Details

Overview

  • No Home Owners Association
  • 26 Buildings

Building Details

  • Insurance Expense $2,100
  • Operating Expense $20,808

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,092

Year Built

Built in 1940

Lot Details

2.37 Acres

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1940
  • Accessibility Features: 0
  • Architectural Style: Ranch
  • Levels: 0
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: See Remarks
  • Disclosures/Documents: Other
  • Listing Price: 1300000.00
  • Patio And Porch Features: Other
  • Roof: Shake

Garage/Parking

  • Open Parking Spaces: 14
  • Covered Parking Spaces: 12
  • Garage Spaces: 1
  • Parking Features: Carport

Utilities

  • Security: Other
  • Cooling: See Remarks
  • Heating: Other

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Patterson Joint

Lot Info

  • Zoning Description: Multi Residential
  • Lot Size Acres: 2.3700
  • Lot Dimensions: 180 x 520
  • Lot Size Sq Ft: 103237

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Operating Expense: 20808
  • Income Includes: Other
  • Existing Lease Type: See Remarks
  • Insurance Expense: 2100
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 047-038-067-000
  • Current RE Taxes: 6092

MLS Schools

  • School District (County): Stanislaus

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2015
Sold by
Bought by

Purchase Details

Listed on
Feb 7, 2014
Closed on
Jun 23, 2014
Sold by
Bought by
Seller's Agent
George MacMaster
Mountain Valley Properties
Buyer's Agent
George MacMaster
Mountain Valley Properties
List Price
$1,300,000
Sold Price
$1,199,000
Premium/Discount to List
-$101,000
-7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
0.0417%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 1997
Sold by
Bought by

Purchase Details

Closed on
Aug 4, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$1,199,000 Chicago Title Company
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $715,334
Previous Owner $780,000
Previous Owner --
Previous Owner $750,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/27/2014 06/27/14 Sold $1,199,000 -7.8% $375 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $1,300,000 -- $406 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,305 $1,466,928 $202,262 $1,264,666
2024 $17,269 $1,439,362 $198,297 $1,241,065
2023 $16,878 $1,410,356 $194,409 $1,215,947
2022 $16,020 $1,382,899 $190,598 $1,192,301
2021 $15,801 $1,355,980 $186,861 $1,169,119
2020 $15,728 $1,343,179 $184,945 $1,158,234
2019 $15,421 $1,316,059 $181,319 $1,134,740
2018 $14,682 $1,290,451 $177,764 $1,112,687
2017 $14,381 $1,265,345 $174,279 $1,091,066
2016 $13,996 $1,240,731 $170,862 $1,069,869
2015 $13,697 $1,212,245 $168,296 $1,043,949
2014 $5,946 $507,741 $121,875 $385,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14007078

MetroList
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