NOT LISTED FOR SALE

Estimated Value: $757,094 - $796,000

4 Beds
4 Baths
2,600 Sq Ft
$299/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $270,000 $104 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $4,759/month

311 Days on Market

Highlights

  • 16,553 Acre Lot
  • No HOA
  • 5-minute walk to Broadway Park
  • John H. Pitman High School Rated A-
  • Cottage

About This Home

As of January 2013

Six units include 5 bedroom home and 1 bedroom detached dwellings. Alley access. Near new Carnegie Arts Center and future home of Turlock Public Safety Center. Listing agent can refer qualified buyers to lender for property.

Last Agent to Sell the Property

John Lazar

Century 21 Select Real Estate License #00910830 Listed on: 03/20/2012

Century 21 Select Real Estate

Co-Listed By

Dee Dee Thomas

Sequoia Property Management License #00555493

Last Buyer's Agent

Bill Madsen

Bill Madsen Real Estate License #00999604

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 16,553 Acre Lot
  • Lot Dimensions: 112

Home Design

  • Cottage

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 061-012-055-000

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 6 Units

Building Details

  • 5 Leased Units
  • 1 Vacant Unit
  • 5 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1922
  • Architectural Style: Cottage/Bungalow
  • Stories: 2
  • Number of Three Bedroom Units: 1
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Frame,Stone,Wood
  • Disclosures/Documents: See Remarks
  • Listing Price: 299000.00
  • Roof: See Remarks

Garage/Parking

  • Parking Features: Guest Parking Available,Street,Varies by Unit

Utilities

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

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: MDR
  • Lot Size Acres: 16553.000
  • Lot Dimensions: 112' x 151'
  • Lot Size Sq Ft: 721048680

Rental Info

  • Tenant Pays: Other
  • Total # Leasable: 6

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 5
  • Number of Month to Month Units: 5
  • Number of Units: 6
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 061-012-055-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2017
Sold by
Madsen William A
Bought by
Liv Madsen William A and Liv William A Madsen Revocable
Current Estimated Value
$776,547

Purchase Details

Listed on
Mar 20, 2012
Closed on
Jan 23, 2013
Sold by
Coast Capital Income Fund Llc
Bought by
Madsen William A and The William A Madsen Revocable
Seller's Agent
John Lazar
Century 21 Select Real Estate
Buyer's Agent
Bill Madsen
Bill Madsen Real Estate
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%

Purchase Details

Closed on
Sep 17, 2010
Sold by
Coast Capital Ventures
Bought by
Coast Capital Income Fund Llc

Purchase Details

Closed on
Jun 24, 2008
Sold by
Lewis Richard
Bought by
Coast Capital Ventures Lp

Purchase Details

Closed on
Feb 19, 2004
Sold by
Martin Bernice Elsie
Bought by
Martin Blair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2004
Sold by
Lewis Richard
Bought by
Blair Lewis Richard and Blair Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2004
Sold by
Blair Lewis Richard and Blair Martin
Bought by
Lewis Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2002
Sold by
Lewis Richard
Bought by
Blair Lewis Richard and Blair Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.29%

Purchase Details

Closed on
Aug 23, 2002
Sold by
Silveira Frank and Silveira Marie
Bought by
Lewis Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.29%

Purchase Details

Closed on
Nov 19, 2001
Sold by
Gamlen William G and Hoffman Beulah M
Bought by
Silveira Frank and Silveira Maria

Purchase Details

Closed on
Jul 18, 1997
Sold by
Hoffman Jeffrey L
Bought by
Hoffman Beulah M
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
Liv Madsen William A -- None Available
Madsen William A $270,000 Stewart Title Of California
Coast Capital Income Fund Llc $160,200 First American Title Company
Coast Capital Ventures Lp $207,838 First American Title Co
Martin Blair -- Fidelity National Title
Blair Lewis Richard -- --
Lewis Richard $200,000 Fidelity National Title
Blair Lewis Richard -- --
Lewis Richard $358,000 Fidelity National Title
Silveira Frank $290,000 Fidelity National Title Co
Hoffman Beulah M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Richard $400,000
Previous Owner Lewis Richard $225,000
Closed Lewis Richard $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2013 01/31/13 Sold $270,000 -9.7% $104 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
03/20/2012 03/20/12 For Sale $299,000 -- $115 / 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 $8,424 $785,293 $228,159 $557,134
2024 $8,267 $769,896 $223,686 $546,210
2023 $8,255 $754,800 $219,300 $535,500
2022 $3,457 $313,299 $34,808 $278,491
2021 $3,406 $307,157 $34,126 $273,031
2020 $3,383 $304,009 $33,777 $270,232
2019 $3,326 $298,049 $33,115 $264,934
2018 $3,323 $292,206 $32,466 $259,740
2017 $3,246 $286,478 $31,830 $254,648
2016 $3,245 $300,751 $33,177 $267,574
2015 $3,005 $276,643 $30,738 $245,905
2014 $2,975 $271,225 $30,136 $241,089
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12018457

MetroList

APN: 061-12-55