NOT LISTED FOR SALE

321 W Olive Ave Turlock, CA 95380

Downtown Turlock Neighborhood

Estimated Value: $382,760 - $456,000

4 Beds
4 Baths
-- Sq Ft
6,177 Sq Ft Lot

Last Sold September 06, 2017

Last sale price $240,000

Est. 74% increase in value since last sale

Current estimated payment $2,439/month

47 Days on Market

Highlights

  • A-Frame Home
  • No HOA
  • 1-Story Property
  • John H. Pitman High School Rated A-

About This Home

As of September 2017

This is an older triplex located next to new Police Dept. in Turlock. Units are in need of work. Great investment property

Last Agent to Sell the Property

Judy Caton

Reed Realty License #01081053 Listed on: 04/28/2017

Last Buyer's Agent

Judy Caton

Reed Realty License #01081053 Listed on: 04/28/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,936

Year Built

  • Built in 1920

Lot Details

  • 6,177

Home Design

  • Triplex
  • A-Frame Home
  • Composition Roof

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 6,177 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 061-015-021-000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,936

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1920
  • Architectural Style: A-Frame
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Gas Cook Top
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,Transfer Disclosure Statement
  • Listing Price: 250000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street,Varies by Unit

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Extra Storage,Yard Space
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: MLT FAM DW
  • Lot Size Acres: 0.1418
  • Lot Size Sq Ft: 6177

Rental Info

  • Tenant Pays: Cable TV,Electricity

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 061-015-021-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
Aug 18, 2017
Sold by
Poindexter Barbara
Bought by
Irasava Hector and Saveh Violet
Seller's Agent
Judy Caton
Reed Realty
Buyer's Agent
Judy Caton
Reed Realty
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$416,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,587
Avg. Annual Appreciation
6.92%
Original Mortgage
$180,000
Outstanding Balance
$150,034
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$266,553

Purchase Details

Closed on
Jul 7, 2008
Sold by
Poindexter Barbara A
Bought by
Deutsche Bank National Trust Co and Holders Of Soundview Home Loan Trust 200

Purchase Details

Closed on
Dec 9, 2004
Sold by
Poindexter Barbara A
Bought by
Poindexter Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2001
Sold by
Moore Joyce O and Moore Family Trust
Bought by
Petty James R and Poindexter Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.67%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Irasava Hector $240,000 Stewart Title Of Ca Inc
Deutsche Bank National Trust Co $118,150 Landsafe Title
Poindexter Barbara -- Stewart Title Modesto
Petty James R $100,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irasava Hector $180,000
Previous Owner Poindexter Barbara $231,000
Previous Owner Petty James R $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2017 09/06/17 Sold $240,000 -4.0% --
06/13/2017 06/13/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $250,000 -- --
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 $2,936 $273,073 $91,023 $182,050
2024 $2,882 $267,720 $89,239 $178,481
2023 $2,877 $262,472 $87,490 $174,982
2022 $2,841 $257,326 $85,775 $171,551
2021 $2,800 $252,282 $84,094 $168,188
2020 $2,780 $249,696 $83,232 $166,464
2019 $2,734 $244,800 $81,600 $163,200
2018 $2,731 $240,000 $80,000 $160,000
2017 $1,448 $127,278 $38,180 $89,098
2016 $1,353 $124,783 $37,432 $87,351
2015 $1,339 $122,909 $36,870 $86,039
2014 $1,238 $112,500 $44,000 $68,500
Source: Public Records

Agents Affiliated with this Home

  • Judy Caton

    Seller's Agent in 2017

    Judy Caton

    Reed Realty

    (209) 613-4611

    3 in this area

    30 Total Sales

    Judy Caton
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Map

Source: MetroList

MLS Number: 17024429

MetroList

APN: 061-15-21

California Stanislaus County Turlock 95380 Downtown Turlock

321 W Olive Ave, Turlock, CA

Not Listed for Sale

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