NOT LISTED FOR SALE

Estimated Value: $887,356 - $892,000

8 Beds
4 Baths
3,744 Sq Ft
$238/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $640,000 $171 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,198/month

27 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Car Garage
  • 1-Story Property
  • No HOA

About This Home

As of April 2020

All four units are two bedrooms, one bath. All kitchen counter tops are laminate, electric ranges, and dishwashers. Two car garages for each unit in back alley.

Last Agent to Sell the Property

Eric Quillinan

Help-U-Sell Alpha Realty License #01425143 Listed on: 01/14/2020

Last Buyer's Agent

Fernando Beltran

EXIT Realty Consultants License #01973085

EXIT Realty Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,259

Year Built

  • Built in 1978

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions: 102

Parking

  • 1 Car Garage

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 052-059-009-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Grand Prix Plaza Subdivision

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Insurance Expense $1,260
  • Operating Expense $9,104
  • Net Operating Income $35,586

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,259

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1978
  • Architectural Style: Contemporary
  • Stories: 1
  • Subdivision: Grand Prix Plaza
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range
  • Flooring: Carpet,Tile,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Foundation: Slab
  • Listing Price: 644900.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 8
  • Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central,Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Apartment, 4-9 income units
  • Lot Size Acres: 0.2763
  • Lot Dimensions: 102' x 118'
  • Lot Size Sq Ft: 12036

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 4

Multi Family

  • Operating Expense: 9104
  • Income Includes: Rent Only
  • Insurance Expense: 1260
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None
  • Gross Income Multiplier: 14.400

Tax Info

  • Assessor Parcel Number: 052-059-009-000
  • Current RE Taxes: 2259
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2023
Sold by
Aldana Christopher and Aldana Silvia
Bought by
Christopher And Silvia Aldana Living Trust
Current Estimated Value
$870,602

Purchase Details

Listed on
Jan 14, 2020
Closed on
Mar 18, 2020
Sold by
Hernandez Sergio
Bought by
Aldana Christopher and Aldana Aldena Silvia
Seller's Agent
Eric Quillinan
Help-U-Sell Alpha Realty
Buyer's Agent
Fernando Beltran
EXIT Realty Consultants
List Price
$644,900
Sold Price
$640,000
Premium/Discount to List
-$4,900
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$480,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2015
Closed on
Feb 26, 2015
Sold by
Nicolodi David W and Nicolodi Debra M
Bought by
Hernandez Sergio
Seller's Agent
Grant Western
RE/MAX Executive
Buyer's Agent
Grant Western
RE/MAX Executive
List Price
$425,000
Sold Price
$423,000
Premium/Discount to List
-$2,000
-0.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$250,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2014
Sold by
Nicolodi David W and Nicolodi Debra M
Bought by
Nicolodi David W and Nicolodi Debra M

Purchase Details

Closed on
Jul 28, 2014
Sold by
Nicolodi David W
Bought by
Nicolodi David W and Nicolodi Debbie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,427
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 11, 2014
Sold by
Sur Nicolodi David Wayne
Bought by
Nicolodi David Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,427
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 12, 2004
Sold by
Brown Benjamin A
Bought by
Sur Brown Benjamin A

Purchase Details

Closed on
Dec 21, 1999
Sold by
Brown Benjamin A and Brown Lillian M
Bought by
Brown Benjamin A and Brown Lillian 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
Christopher And Silvia Aldana Living Trust -- None Listed On Document
Aldana Christopher $640,000 North American Title Co Inc
Hernandez Sergio $423,000 Old Republic Title Company
Nicolodi David W -- None Available
Nicolodi David W -- None Available
Nicolodi David W -- Old Republic Title Company
Nicolodi David Wayne -- None Available
Sur Brown Benjamin A -- --
Brown Benjamin A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aldana Christopher $480,000
Previous Owner Hernandez Sergio $250,000
Previous Owner Nicolodi David W $87,427
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2020 04/03/20 Sold $640,000 -0.8% $171 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
02/02/2020 02/02/20 For Sale $644,900 0.0% $172 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $644,900 +52.5% $172 / Sq Ft
03/03/2015 03/03/15 Sold $423,000 -0.5% $113 / Sq Ft View Prior Sale
02/13/2015 02/13/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $425,000 -- $114 / 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 $7,734 $699,927 $147,639 $552,288
2024 $7,595 $686,204 $144,745 $541,459
2023 $7,451 $672,750 $141,907 $530,843
2022 $7,149 $659,560 $139,125 $520,435
2021 $7,024 $646,629 $136,398 $510,231
2020 $5,028 $464,846 $68,131 $396,715
2019 $4,936 $455,733 $66,796 $388,937
2018 $4,839 $446,798 $65,487 $381,311
2017 $4,724 $438,038 $64,203 $373,835
2016 $4,696 $429,450 $62,945 $366,505
2015 $3,783 $345,773 $50,999 $294,774
2014 $3,769 $339,000 $50,000 $289,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20002373

MetroList

APN: 052-59-09