NOT LISTED FOR SALE

315 S 3rd St Patterson, CA 95363

Estimated Value: $310,341 - $398,000

2 Beds
1 Bath
-- Sq Ft
0.34 Acres

Last Sold October 16, 2013

Last sale price $130,000

Est. 172% increase in value since last sale

Current estimated payment $1,963/month

106 Days on Market

Highlights

  • 0.34 Acre Lot
  • Double Pane Windows
  • 1-Story Property
  • No HOA

About This Home

As of October 2013

2 house on one lot! 317 & 315 S. 3rd Str. Live in one, rent the other! 315 is rented for $800/mo. Please do not disturb the tenant. 317 is vacant and available to show with lockbox.

Last Agent to Sell the Property

Greg Murphy

Tahoe Group, Inc. License #01876649 Listed on: 07/01/2013

Last Buyer's Agent

John Mosstaghimi

Bayview Residential Brokerage License #01291335

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $941

Year Built

  • Built in 1931

Lot Details

  • 0.34 Acre Lot

Parking

  • Open Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Laminate Flooring

Utilities

  • No Cooling
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv electricity sewer trash collection water
  • Assessor Parcel Number 131-016-012-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$941

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Other
  • Year Built: 1931
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Laminate
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 149950.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Cooling: None
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Patterson Joint

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.3400
  • Lot Size Sq Ft: 14810

Rental Info

  • Tenant Pays: Cable TV,Electricity,Sewer,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Gross Income: 9600
  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 131-016-012-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2013
Closed on
Sep 10, 2013
Sold by
Tahoe Group Inc
Bought by
Mosstaghimi Faramarz John
Seller's Agent
Greg Murphy
Tahoe Group, Inc.
Buyer's Agent
John Mosstaghimi
Bayview Residential Brokerage
List Price
$149,950
Sold Price
$130,000
Premium/Discount to List
-$19,950
-13.3%
Current Estimated Value
$354,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,171
Avg. Annual Appreciation
9.52%

Purchase Details

Closed on
Jun 2, 2011
Sold by
Martinez Jesus and De Martinez Elisa D
Bought by
Tahoe Group Inc

Purchase Details

Closed on
Oct 2, 2010
Sold by
Martinez Jesus and De Martinez Elisa D
Bought by
Duarte Rosa Maria Martinez

Purchase Details

Closed on
May 11, 2005
Sold by
Martinez Jesus and De Martinez Elisa D
Bought by
Martinez Jesus and Martinez Elisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 21, 2003
Sold by
Martinez Jesus
Bought by
Martinez Jesus and Demartinez Elisa D

Purchase Details

Closed on
Dec 11, 2002
Sold by
Twin Falls Enterprises Inc
Bought by
Martinez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2002
Sold by
Martinez Elisa
Bought by
Martinez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 3, 2002
Sold by
Schali Fritz A and Schali Donna M
Bought by
Twin Falls Enterprises Inc
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
Mosstaghimi Faramarz John $130,000 First American Title Company
Tahoe Group Inc $60,100 None Available
Duarte Rosa Maria Martinez -- None Available
Martinez Jesus -- Fidelity National Title
Martinez Jesus -- --
Martinez Jesus $150,000 Chicago Title
Martinez Jesus -- Chicago Title
Twin Falls Enterprises Inc $148,000 Chicago Title Co
Schali Fritz A $44,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Jesus $161,250
Previous Owner Martinez Jesus $120,000
Closed Martinez Jesus $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2013 10/16/13 Sold $130,000 -13.3% --
10/15/2013 10/15/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $149,950 -- --
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 $941 $78,345 $24,034 $54,311
2023 $920 $76,810 $23,563 $53,247
2022 $868 $75,304 $23,101 $52,203
2021 $1,707 $147,220 $45,297 $101,923
2020 $1,697 $145,711 $44,833 $100,878
2019 $1,671 $142,854 $43,954 $98,900
2018 $1,591 $140,054 $43,093 $96,961
2017 $1,558 $137,309 $42,249 $95,060
2016 $1,516 $134,618 $41,421 $93,197
2015 $1,492 $132,597 $40,799 $91,798
2014 $1,458 $130,000 $40,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13037690

MetroList

APN: 131-16-75