NOT LISTED FOR SALE

Estimated Value: $445,000 - $607,297

7 Beds
5 Baths
3,025 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $390,000 $129 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,241/month

1 Day on Market

About This Home

As of April 2019

5 cash flow units, well maintained with long term tenants. 3 buildings * 2/2 SFR * 2/2,2/2 duplex * 1/1,1/1 Duplex

Last Agent to Sell the Property

John Hertle

EXIT Realty Consultants License #01060991 Listed on: 03/08/2019

EXIT Realty Consultants

Last Buyer's Agent

Robert M. Balina

Synergize Realty License #01263881

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,764

Year Built

  • Built in 1965

Lot Details

  • 10,498 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Free-Standing Gas Range

Listing and Financial Details

  • Tenant pays for electricity rent only
  • Assessor Parcel Number 104-023-001-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,764

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1965
  • Architectural Style: Traditional
  • Stories: 2
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Tile,Wood,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Combination
  • Listing Price: 390000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Cooling: Evaporative Cooler,Wall Unit(s),Varies by Unit
  • Heating: Wall Furnace,Varies by Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: r-3
  • Lot Size Acres: 0.2410
  • Lot Dimensions: 75x140
  • Lot Size Sq Ft: 10498

Rental Info

  • Tenant Pays: Electricity,Rent Only
  • Total # Leasable: 5

Multi Family

  • Gross Income: 40956
  • Income Includes: Rent Only
  • Number of Leased Units: 5
  • Number of Month to Month Units: 5
  • Number of Units: 5
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 104-023-001-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2019
Sold by
Saeed Usman and Hassan Kashif
Bought by
High Terrace Llc
Current Estimated Value
$526,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 8, 2019
Closed on
Apr 3, 2019
Sold by
Hassan Faiqa
Bought by
Hassan Kashif
Seller's Agent
John Hertle
EXIT Realty Consultants
Buyer's Agent
Robert M. Balina
Synergize Realty
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$300,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 8, 2019
Closed on
Apr 2, 2019
Sold by
Balina Elizabeth M
Bought by
Balina Robert M
Seller's Agent
John Hertle
EXIT Realty Consultants
Buyer's Agent
Robert M. Balina
Synergize Realty
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2003
Sold by
Prescott Leopold T
Bought by
Prescott Leopold T and The Leopold T Prescott Living
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
High Terrace Llc -- None Available
Hassan Kashif -- Fidelity National Title Co
Balina Robert M -- Fidelity National Title Co
Saeed Usman -- Fidelity National Title Co
Saeed Usman $390,000 Fidelity National Title Co
Prescott Leopold T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open High Terrace Llc $278,226
Previous Owner Balina Robert M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $390,000 0.0% $129 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $390,000 -- $129 / 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 $4,764 $418,155 $69,691 $348,464
2023 $4,694 $409,957 $68,325 $341,632
2022 $4,580 $401,920 $66,986 $334,934
2021 $4,308 $394,040 $65,673 $328,367
2020 $4,393 $390,000 $65,000 $325,000
2019 $1,278 $113,857 $14,586 $99,271
2018 $867 $79,594 $8,030 $71,564
2017 $847 $78,034 $7,873 $70,161
2016 $831 $76,505 $7,719 $68,786
2015 $819 $75,357 $7,604 $67,753
2014 $807 $73,882 $7,456 $66,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19014151

MetroList

APN: 104-23-01