NOT LISTED FOR SALE

Estimated Value: $568,000 - $704,030

4 Beds
4 Baths
3,732 Sq Ft
$175/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $660,000 $177 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,171/month

63 Days on Market

Highlights

  • Corner Lot
  • Floor Furnace
  • Carpet
  • No HOA
  • 4 Car Garage
  • 1-Story Property

About This Home

As of October 2022

Centrally located 4 plex in established treelined neighborhood. Each unit is one bed and one bath with separate living rooms and kitchens. Inside laundry rooms. Two detached two car garages with gated driveways provide off street parking. Fully occupied and great income producing property.

Last Agent to Sell the Property

Daniel Maez

HomeSmart PV & Associates License #01458050 Listed on: 06/28/2022

HomeSmart PV & Associates

Last Buyer's Agent

Saeid Banankhah

HomeSmart PV & Associates License #01934011

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,670

Year Built

  • Built in 1946

Lot Details

  • 0.31 Acre Lot
  • Corner Lot

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Linoleum

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 111-001-032-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Insurance Expense $150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,670

Year Built

Built in 1946

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 1
  • Year Built: 1946
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Flooring: Carpet, Linoleum
  • Price Per Square Foot: 176.66

Exterior Features

  • Construction Materials: Stucco, Frame
  • Disclosures/Documents: None
  • Foundation: Raised
  • Listing Price: 674950.00
  • Lot Features: Corner
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking Features: Off Street, Street, Garage
  • Total Parking Spaces: 8.00

Utilities

  • Security: None
  • Sewer: Sewer Connected
  • Utilities: Cable Available, Natural Gas Connected, Electric
  • Cooling: Window Unit(s)
  • Heating: Floor Furnace
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Meter on Site
  • Utilities Expenses: 400

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Res
  • Irrigation: None
  • Lot Size Acres: 0.3068
  • Lot Size Sq Ft: 13364.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: Varies By Unit

Multi Family

  • Gross Income: 43800
  • Income Includes: Rent Only
  • Insurance Expense: 150
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 111-001-032-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2024
Sold by
Jamali Mahdi and Taher Mahdieh
Bought by
Jamali Mahdi and Taher Mahdieh
Total Days on Market
63
Current Estimated Value
$648,235

Purchase Details

Listed on
Jun 28, 2022
Closed on
Oct 5, 2022
Sold by
Casey Clark
Bought by
Jamali Mahdi and Taher Mahdieth
Seller's Agent
Daniel Maez
HomeSmart PV & Associates
Buyer's Agent
Saeid Banankhah
HomeSmart PV & Associates
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.25%
Original Mortgage
$462,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2022
Closed on
Sep 16, 2022
Sold by
Casey Bianca J and Casey John J
Bought by
Casey Clark
Seller's Agent
Daniel Maez
HomeSmart PV & Associates
Buyer's Agent
Saeid Banankhah
HomeSmart PV & Associates
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2016
Closed on
May 12, 2016
Sold by
Klm East Investments Llc
Bought by
Casey Clark and Casey Bianca
Seller's Agent
Steve Holly
PMZ Real Estate
Buyer's Agent
Daniel Maez
HomeSmart PV & Associates
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%

Purchase Details

Closed on
Jul 21, 2015
Sold by
Miu Kenneth Vai Kun and Miu Lynn Yokelin
Bought by
Klm East Investments Llc

Purchase Details

Listed on
Jun 18, 2014
Closed on
Jul 3, 2014
Sold by
Triplett John V and Triplett Beverly
Bought by
Miu Kenneth Vai Kun and Miu Lynn Yokelin
Seller's Agent
Howard Triplett
Howard Triplett
Buyer's Agent
Steve Holly
PMZ Real Estate
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%

Purchase Details

Closed on
Nov 16, 2011
Sold by
Mcdonald Jean
Bought by
Triplet John V and Triplett Beverly F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,875
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2007
Sold by
Mcdonald Jean
Bought by
Mcdonald Jean

Purchase Details

Closed on
Jan 19, 2007
Sold by
Mcdonald Duncan M
Bought by
Mcdonald Duncan and Mcdonald Jean
Source: Public Records

Range of Values:

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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
Jamali Mahdi -- None Listed On Document
Jamali Mahdi -- None Listed On Document
Jamali Mahdi $660,000 Old Republic Title
Casey Clark -- --
Casey Clark $355,000 First American Title Company
Klm East Investments Llc -- None Available
Miu Kenneth Vai Kun $600,000 Chicago Title Company
Triplet John V $249,000 Chicago Title Company
Mcdonald Jean -- None Available
Mcdonald Duncan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jamali Mahdi $462,000
Previous Owner Triplet John V $169,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $660,000 0.0% $177 / Sq Ft
09/29/2022 09/29/22 Off Market $660,000 -- --
08/30/2022 08/30/22 Pending -- -- --
08/15/2022 08/15/22 Price Changed $674,950 -3.4% $181 / Sq Ft
06/28/2022 06/28/22 For Sale $699,000 +96.9% $187 / Sq Ft
05/13/2016 05/13/16 Sold $355,000 -5.3% $95 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $375,000 +25.0% $100 / Sq Ft
07/14/2014 07/14/14 Sold $300,000 -4.8% $80 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $315,000 -- $84 / 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 $7,670 $673,200 $163,200 $510,000
2023 $7,558 $660,000 $160,000 $500,000
2022 $4,513 $396,005 $97,606 $298,399
2021 $4,245 $388,242 $95,693 $292,549
2020 $4,328 $384,262 $94,712 $289,550
2019 $4,228 $376,728 $92,855 $283,873
2018 $4,025 $369,342 $91,035 $278,307
2017 $3,929 $362,100 $89,250 $272,850
2016 $3,306 $304,574 $63,453 $241,121
2015 $3,262 $300,000 $62,500 $237,500
2014 $2,629 $240,787 $76,847 $163,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222086047

MetroList

APN: 111-01-32