NOT LISTED FOR SALE

3481 Fosberg Rd Turlock, CA 95382

Estimated Value: $563,993 - $564,000

4 Beds
4 Baths
1,696 Sq Ft
$333/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $436,000 $257 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,404/month

3 Days on Market

Highlights

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

About This Home

As of September 2020

INVESTMENT OPPORTUNITY!! This duplex is located in an established residential area near shopping, restaurants and schools. It is situated just blocks from the Cal State Stanislaus University campus. Each unit has 2 bedrooms, 2 baths, and 2 car garages. Great long term tenants! Newer Roof 2002, Exterior paint 2011, New AC units 2017. Definitely upside potential...

Last Agent to Sell the Property

Diane Smith

Aspire Home Real Estate, Inc. License #01445377 Listed on: 08/12/2020

Last Buyer's Agent

John Oushana

HomeSmart PV & Associates License #01871568

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,865

Year Built

  • Built in 1979

Lot Details

  • 7,353

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Additional Features

  • Patio
  • 7,353 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $1,250
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 072-046-041-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Villanova Estates Subdivision

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $800
  • Operating Expense $8,360
  • Net Operating Income $15,690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,865

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1979
  • Architectural Style: Tract,Traditional
  • Stories: 1
  • Subdivision: Villanova Estates
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Oven,Free Standing Electric Range,Gas Water Heater,Plumbed For Ice Maker
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 430000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition
  • View Description: City,Other

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: Garage,Guest Parking Available,Street,1+ Space Per Unit
  • Total Parking Spaces: 8

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer,Sewer in Street
  • Utilities: Cable Available,Cable Connected
  • Cooling: Central,MultiUnits
  • Heating: Central,MultiUnits,Natural Gas
  • Water Source: Public
  • Utilities Expenses: 2133

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Public Trans Nearby,Yard Space,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: Multi Family Dwelling
  • Lot Size Acres: 0.1688
  • Lot Size Sq Ft: 7353

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 1250
  • Total # Leasable: 2

Multi Family

  • Gross Income: 24036
  • Operating Expense: 8360
  • Income Includes: Rent Only
  • Existing Lease Type: Other
  • Insurance Expense: 800
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Gross Income Multiplier: 17.890

Tax Info

  • Assessor Parcel Number: 072-046-041-000
  • Current RE Taxes: 1865
  • Bonds/Assessments/Taxes Description: Local Assessments,Other
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Aug 19, 2020
Sold by
Gunstream Larry Alan and The Gunstream Family Trust
Bought by
Babasi Johnny and Babasi Fabiola
Seller's Agent
Diane Smith
Aspire Home Real Estate, Inc.
Buyer's Agent
John Oushana
HomeSmart PV & Associates
List Price
$430,000
Sold Price
$436,000
Premium/Discount to List
$6,000
1.4%
Current Estimated Value
$563,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,997
Avg. Annual Appreciation
5.21%

Purchase Details

Closed on
Dec 28, 2009
Sold by
Gunstream Stanley E and Gunstream Marjorie J
Bought by
Gunstream Stanley E and Gunstream Marjorie J
Source: Public Records

Range of Values:

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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
Babasi Johnny $436,000 Stewart Title Of Ca Inc
Gunstream Stanley E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $436,000 +1.4% $257 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $430,000 -- $254 / 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 $4,973 $462,685 $95,508 $367,177
2023 $4,965 $453,614 $93,636 $359,978
2022 $4,903 $444,720 $91,800 $352,920
2021 $4,830 $436,000 $90,000 $346,000
2020 $1,897 $170,019 $48,295 $121,724
2019 $1,865 $166,687 $47,349 $119,338
2018 $1,863 $163,420 $46,421 $116,999
2017 $1,820 $160,216 $45,511 $114,705
2016 $1,700 $157,075 $44,619 $112,456
2015 $1,684 $154,716 $43,949 $110,767
2014 $1,667 $151,687 $43,089 $108,598
Source: Public Records

Agents Affiliated with this Home

  • Diane Smith

    Seller's Agent in 2020

    Diane Smith

    Aspire Home Real Estate, Inc.

    (209) 534-5082

    22 Total Sales

    Diane Smith
    Section Image
  • John Oushana

    Buyer's Agent in 2020

    John Oushana

    HomeSmart PV & Associates

    (209) 968-9519

    159 Total Sales

    John Oushana
    Section Image

  • C

    Buyer Co-Listing Agent in 2020

    Chris Aghassi

    HomeSmart PV & Associates

    Section Image
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Map

Source: MetroList

MLS Number: 20046579

MetroList

APN: 072-46-41

California Stanislaus County Turlock 95382

3481 Fosberg Rd, Turlock, CA

This home is located at 3481 Fosberg Rd, Turlock, CA 95382 since 12 August 2020 and is currently estimated at $563,997, approximately $332 per square foot. This property was built in 1979. 3481 Fosberg Rd is a home located in Stanislaus County with nearby schools including Dennis G. Earl Elementary School, Marvin A. Dutcher Middle School, and Turlock Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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