NOT LISTED FOR SALE

416 B St Empire, CA 95319

Estimated Value: $1,119,357 - $1,147,000

8 Beds
5 Baths
3,300 Sq Ft
$343/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $950,000 $288 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,047/month

About This Home

As of April 2021

9 units total. One house and 4 additional buildings of 2 units each. Long term tenants, with under market rents. Very large 1.45 acre lot. The house is a 2 bedroom, 2 bath approx. 1350 S.F. the balance are 2 bedroom, 1 bath approx. 650 S.F. All units are in good shape. Landlord pays for water/sewer/garbage, tenants pay for gas/electric. Each unit has its own gas & electric meter.You can't build additional units now due to the existing water main only being a 4 inch line, possible sewer issues and zoning. In the future if the water line was increased to an 8 inch line the potential to add additional units would increase greatly.

Last Agent to Sell the Property

Ken Elving

Matel REALTORS License #00641110 Listed on: 01/05/2021

Last Buyer's Agent

Angel Lopez

HomeSmart PV & Associates License #01245749

HomeSmart PV & Associates

Property Details

Home Type

  • Apartment

Year Built

  • 1964

Lot Details

  • 1.45

Property Details

Home Type

Apartment

Year Built

1964

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Sub Type: 5 or More Units
  • Architectural Style: Ranch
  • Directions: Off Yosemite.
  • Building Stories: 1
  • Special Features: None
  • Stories: 1
  • Year Built: 1964

Interior Features

  • Appliances: See Remarks
  • Flooring: Varies by Unit
  • Number Of Buildings: 5
  • Other Equipment: Varies by Unit

Exterior Features

  • Roof: Composition
  • Foundation Details: Combination
  • Construction Type: Stucco, Frame, Wood
  • Disclosures: Rental/Lease Agmts, None
  • Lot Features: Other

Garage/Parking

  • Parking Features: Open
  • Open Parking Spaces: 18.00

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Furnace, Varies by Unit
  • Electric: 220 Volts
  • Laundry Features: Other
  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, City
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Modesto City

Lot Info

  • Lot Size Sq Ft: 63162.00
  • Zoning Description: res

Rental Info

  • Total # Leasable: 9
  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Annual Gross Income: 86100
  • Income Includes: See Remarks
  • Number Of Units Leased: 9
  • Number of Month to Month Units: 9
  • Number Of Units Total: 9
  • Number Of Units Furnished: None

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Apr 27, 2021
Sold by
Cruz Dominga
Bought by
Gutierrez Ignacio
Seller's Agent
Ken Elving
Matel REALTORS
Buyer's Agent
Angel Lopez
HomeSmart PV & Associates
List Price
$999,500
Sold Price
$950,000
Premium/Discount to List
-$49,500
-4.95%
Current Estimated Value
$1,133,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,179
Avg. Annual Appreciation
3.79%
Original Mortgage
$475,000
Outstanding Balance
$428,867
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$704,312

Purchase Details

Closed on
Apr 24, 2018
Sold by
Schlichtmann James H
Bought by
Piscitello Judie and Schlichtmann James H

Purchase Details

Closed on
May 26, 1994
Sold by
Alldrin Gordon E and Alldrin Connie L
Bought by
Schlichtmann James H
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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Purchase History

Date Buyer Sale Price Title Company
Gutierrez Ignacio -- Old Republic Title Company
Gutierrez Ignacio $950,000 Old Republic Title Company
Piscitello Judie -- None Available
Schlichtmann James H -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Ignacio $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2021 04/29/21 Sold $950,000 -5.0% $288 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $999,500 -- $303 / Sq Ft
Source: MetroList

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 $13,948 $1,082,879 $276,020 $806,859
2024 $13,090 $1,008,147 $270,608 $737,539
2023 $13,691 $988,380 $265,302 $723,078
2022 $12,921 $969,000 $260,100 $708,900
2021 $7,640 $453,424 $97,755 $355,669
2020 $7,500 $448,776 $96,753 $352,023
2019 $7,341 $439,977 $94,856 $345,121
2018 $7,202 $431,351 $92,997 $338,354
2017 $7,029 $422,894 $91,174 $331,720
2016 $6,872 $414,603 $89,387 $325,216
2015 $6,802 $408,376 $88,045 $320,331
2014 $6,699 $400,378 $86,321 $314,057
Source: Public Records

Agents Affiliated with this Home

  • Ken Elving

    Seller's Agent in 2021

    Ken Elving

    Matel REALTORS

    (209) 610-5081

    73 Total Sales

    Ken Elving
    Section Image
  • Angel Lopez

    Buyer's Agent in 2021

    Angel Lopez

    HomeSmart PV & Associates

    (209) 312-6093

    48 Total Sales

    Angel Lopez
    Section Image
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Map

Source: MetroList

MLS Number: 20075729

MetroList

APN: 133-03-27

California Stanislaus County Empire 95319

416 B St, Empire, CA

Not Listed for Sale

MultiFamily

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