NOT LISTED FOR SALE

Estimated Value: $471,538 - $582,000

5 Beds
3 Baths
2,175 Sq Ft
$242/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $395,000 $182 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,251/month

Highlights

  • No HOA
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of March 2021

Great investment opportunity in downtown Turlock! This Triplex collects over $32,000 in Gross Annual Rents. 2 of 3 units are 2 bedroom / 1 bathroom. The 3rd unit is 1 bedroom / 1 bathroom. Two units located on the main level and one unit is upstairs. They all share a common hallway. Central heat and air in all units. All units are currently occupied. Spacious backyard is shared among all tenants.

Last Agent to Sell the Property

Renee Ledbetter

EXIT Realty Consultants License #01488931 Listed on: 01/21/2021

EXIT Realty Consultants

Co-Listed By

Jordan Ledbetter

EXIT Realty Consultants License #02051842

Last Buyer's Agent

Ryan Lam

Real Broker License #02079085

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,506

Year Built

  • Built in 1920

Lot Details

  • 7,000 Sq Ft Lot

Home Design

  • Triplex
  • Raised Foundation

Interior Spaces

  • 2-Story Property
  • Laundry closet

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 061-026-005-000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 2 Units Leased Month-To-Month
  • Operating Expense $6,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,506

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Triplex
  • Year Built: 1920
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet,Vinyl,Linoleum,Varies by Unit

Exterior Features

  • Construction Materials: Stucco,Frame,Wood
  • Foundation: Raised
  • Listing Price: 389999.00
  • Lot Features: Shape Regular

Garage/Parking

  • Parking Features: Open,Street

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Water Source: Meter on Site,Public

Condo/Co-op/Association

  • Association: No
  • Floors: 2

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: R-2
  • Irrigation: None
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

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

Multi Family

  • Gross Income: 32400
  • Operating Expense: 6500
  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 2
  • Number of Units: 3

Tax Info

  • Assessor Parcel Number: 061-026-005-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 15, 2021
Sold by
Mill Street Investments Llc
Bought by
Luna Pablo
Seller's Agent
Renee Ledbetter
EXIT Realty Consultants
Buyer's Agent
Ryan Lam
Real Broker
List Price
$389,999
Sold Price
$395,000
Premium/Discount to List
$5,001
1.28%
Current Estimated Value
$527,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,678
Avg. Annual Appreciation
6.75%
Original Mortgage
$387,845
Outstanding Balance
$351,603
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$175,166

Purchase Details

Closed on
Dec 8, 2005
Sold by
Curtis Ralph S and Curtis John C
Bought by
Mill Street Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 10, 2005
Sold by
Trevino Nicole
Bought by
Trevino Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 23, 2005
Sold by
Mill Street Investments Llc
Bought by
Curtis Ralph and Curtis John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 2004
Sold by
Curtis Ralph and Curtis John
Bought by
Mill Street Investments Llc

Purchase Details

Closed on
Jun 30, 2004
Sold by
Conley Michael and Conley Sheila
Bought by
Curtis Ralph and Curtis John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 1998
Sold by
Beneficial Mtg Corp
Bought by
Conley Michael and Conley Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,150
Interest Rate
6.97%

Purchase Details

Closed on
Dec 10, 1996
Sold by
Passalaqua Jerry D and Passalaqua Linda K
Bought by
Beneficial Mtg Corp
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
Luna Pablo $395,000 Stewart Title Of Ca Inc
Mill Street Investments Llc -- North American Title Ins Co
Trevino Daniel -- North American Title Ins Co
Curtis Ralph -- North American Title Ins Co
Mill Street Investments Llc -- --
Curtis Ralph $367,000 Ticor Title Co Of California
Conley Michael $39,000 Chicago Title Co
Beneficial Mtg Corp $66,531 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luna Pablo $387,845
Previous Owner Curtis Ralph S $95,500
Previous Owner Trevino Daniel $336,000
Previous Owner Curtis Ralph $273,000
Previous Owner Conley Michael $178,750
Previous Owner Conley Michael $80,000
Previous Owner Conley Michael $33,150
Closed Curtis Ralph $36,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $395,000 +1.3% $182 / Sq Ft
01/21/2021 01/21/21 For Sale $389,999 -- $179 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
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 $4,506 $419,176 $74,284 $344,892
2023 $4,499 $410,958 $72,828 $338,130
2022 $4,443 $402,900 $71,400 $331,500
2021 $4,156 $375,000 $90,000 $285,000
2020 $3,200 $287,500 $56,000 $231,500
2019 $3,209 $287,500 $56,000 $231,500
2018 $3,117 $274,000 $53,500 $220,500
2017 $2,823 $249,000 $48,500 $200,500
2016 $2,447 $226,500 $44,000 $182,500
2015 $2,055 $189,000 $44,000 $145,000
2014 $1,857 $169,000 $44,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20079192

MetroList

APN: 061-26-05