NOT LISTED FOR SALE

407 N Broadway Turlock, CA 95380

Downtown Turlock Neighborhood

Estimated Value: $416,000 - $428,828

3 Beds
3 Baths
1,776 Sq Ft
$238/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $292,000 $164 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,526/month

53 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-minute walk to Broadway Park
  • John H. Pitman High School Rated A-
  • 1-Story Property

About This Home

As of September 2018

Wonderful opportunity to own a residential income property in suburban Turlock close to the central business district. The alley access makes it convenient for tenant access. Each unit has its own gas/electric meter. Owner pays water/sewer/garbage and lawn care. Please do not disturb the tenants. Offers must be made subject to inspection. Buyers must verify square footage, lot size, school districts, zoning and all information contained herein.

Last Agent to Sell the Property

Ginger Govett

London Properties, LTD License #01361535 Listed on: 06/04/2018

Last Buyer's Agent

Ginger Govett

London Properties, LTD License #01361535 Listed on: 06/04/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,184

Year Built

  • Built in 1948

Lot Details

  • 3,875 Sq Ft Lot

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Free-Standing Gas Range

Parking

  • 3 Parking Spaces
  • 3 Open Parking Spaces

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Listing and Financial Details

  • Security Deposit $1,620
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 061-011-064

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month
  • Insurance Expense $1,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,184

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1948
  • Stories: 1
  • Number of One Bedroom Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Stucco,See Remarks
  • Disclosures/Documents: None
  • Listing Price: 289000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 3
  • Parking Features: Open
  • Total Parking Spaces: 3

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace
  • Utilities Expenses: 1893

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: Medium Density Residential
  • Lot Size Acres: 0.0890
  • Lot Size Sq Ft: 3875

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 1620
  • Total # Leasable: 3

Multi Family

  • Gross Income: 25440
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Insurance Expense: 1100
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 061-011-064
  • Current RE Taxes: 1184

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2021
Sold by
Mello Craig M and Mello Estelle B
Bought by
Mello Craig M and Mello Estelle B
Current Estimated Value
$422,414

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jul 17, 2018
Sold by
Larsen Robert R
Bought by
Mello Craig M and Mello Estelle B
Seller's Agent
Ginger Govett
London Properties, LTD
Buyer's Agent
Ginger Govett
London Properties, LTD
List Price
$289,000
Sold Price
$292,000
Premium/Discount to List
$3,000
1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%
Original Mortgage
$242,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2017
Sold by
Ney Adele C
Bought by
Telesmanic Luciano P and Telesmanic Joanne C

Purchase Details

Closed on
Jun 5, 2013
Sold by
Larsen Robert R
Bought by
Larsen Robert R and The Robert R Larsen Revocable Trust

Purchase Details

Closed on
Aug 18, 2011
Sold by
Smith Charles
Bought by
Larsen Md Robert R and Lee Donald T
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
Mello Craig M -- None Available
Mello Craig M $292,000 Chicago Title Co
Telesmanic Luciano P -- None Available
Larsen Robert R -- None Available
Larsen Md Robert R $725,475 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mello Craig M $242,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $292,000 +1.0% $164 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $289,000 -- $163 / 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 $3,436 $319,342 $50,853 $268,489
2023 $3,430 $313,081 $49,856 $263,225
2022 $3,387 $306,943 $48,879 $258,064
2021 $3,337 $300,925 $47,921 $253,004
2020 $3,314 $297,840 $47,430 $250,410
2019 $3,259 $292,000 $46,500 $245,500
2018 $1,326 $116,058 $31,204 $84,854
2017 $1,184 $103,892 $27,054 $76,838
2016 $1,106 $101,856 $26,524 $75,332
2015 $1,094 $100,327 $26,126 $74,201
2014 $1,084 $98,363 $25,615 $72,748
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Ginger Govett

    London Properties, LTD

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Map

Source: MetroList

MLS Number: 18037188

MetroList

APN: 061-11-64

California Stanislaus County Turlock 95380 Downtown Turlock

407 N Broadway, Turlock, CA

This home is located at 407 N Broadway, Turlock, CA 95380 since 04 June 2018 and is currently estimated at $422,414, approximately $237 per square foot. This property was built in 1948. 407 N Broadway is a home located in Stanislaus County with nearby schools including Crowell 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.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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