NOT LISTED FOR SALE

418 N Broadway Turlock, CA 95380

Downtown Turlock Neighborhood

Estimated Value: $505,848 - $574,000

6 Beds
3 Baths
2,672 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: September 9, 2016

Last sale price $295,000 $110 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,240 / mo

89 Days on Market

Highlights

  • Post and Beam
  • 2 Car Attached Garage
  • 1-Story Property
  • John H. Pitman High School Rated A-
  • Forced Air Heating and Cooling System
  • 1-minute walk to Broadway Park

About This Home

As of September 2016

Great investment! This triplex consist of a SFR with a duplex. Located downtown, walking distance from parks, shopping, dining, day and nightlife. Less than 10 minutes to the college, California State University Stanislaus. Long term tenants. Each unit consist of 2/1 with Monthly Rent Income of $2,420 and Gross Annual Income of $$29,040. Do the math! Gross Rent Multiplier of 10.8. Please do not disturb tenants. Thank you!

Last Agent to Sell the Property

Saul Gonzalez

The Real Estate Center License #01405036 Listed on: 05/31/2016

Last Buyer's Agent

Humberto Felix

Intero Real Estate Services License #01397259

Property Details

Home Type

  • Multi-Family

Year Built

  • 1940

Lot Details

  • 7,884

Parking

  • 2 Car Attached Garage
  • On-Street Parking
  • Uncovered Parking

Home Design

  • Triplex
  • Post and Beam
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,672 Sq Ft Home
  • 1-Story Property

Additional Features

  • 7,884 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $29,040

Community Details

Overview

  • 2,672 Sq Ft Building

Building Details

  • 3 Leased Units
  • Utility Expense $200
  • Operating Expense $200
  • Gross Income $29,040

Property Details

Home Type

Multi-Family

Year Built

1940

Lot Details

7,884 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: C2
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2672
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Living Sq Ft: 2672
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab, Post And Beam
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6
  • Garage Parking Features: Attached Garage, On Street, Uncovered Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1810
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7893.07
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7893.07

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 10.85
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expenses Total: 200
  • Expenses Utility: 200
  • Income Annual Gross: 29040.00
  • Income Annual Rental: 29040
  • Income Gross Scheduled: 29040
  • Income Includes: Rents
  • Meters: Separate Other
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Sewer, Utilities - Water
  • Tenant Expenses: Services - Sewer, Utilities - Water

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2016
Closed on
Sep 1, 2016
Sold by
Bought by
Seller's Agent
Saul Gonzalez
The Real Estate Center
Buyer's Agent
Humberto Felix
Intero Real Estate Services
List Price
$315,000
Sold Price
$295,000
Premium/Discount to List
-$20,000
-6.35%
Current Estimated Value
$539,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,924
Avg. Annual Appreciation
6.32%
Original Mortgage
$213,750
Interest Rate
0.0348%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 4, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
0.07%
Mortgage Type
Commercial
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$295,000 Old Republic Title Company
-- Old Republic Title Company
-- None Available
$185,000 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $213,750
Previous Owner $117,000
Previous Owner $131,250
Previous Owner $34,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $295,000 -6.3% $110 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $315,000 -- $118 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,679 $342,365 $58,026 $284,339
2024 $3,610 $335,653 $56,889 $278,764
2023 $3,605 $329,073 $55,774 $273,299
2022 $3,560 $322,622 $54,681 $267,941
2021 $3,507 $316,297 $53,609 $262,688
2020 $3,483 $313,055 $53,060 $259,995
2019 $3,425 $306,918 $52,020 $254,898
2018 $3,422 $300,900 $51,000 $249,900
2017 $3,342 $295,000 $50,000 $245,000
2016 $2,359 $218,378 $49,289 $169,089
2015 $2,055 $189,000 $44,000 $145,000
2014 -- $169,000 $44,000 $125,000
Source: Public Records

Agents Affiliated with this Home

  • Saul Gonzalez

    Seller's Agent in 2016

    Saul Gonzalez

    The Real Estate Center

    (408) 821-0910

    30 Total Sales

    Saul Gonzalez
    Section Image

  • H

    Buyer's Agent in 2016

    Humberto Felix

    Intero Real Estate Services

See All Agents

Map

Source: MLSListings

MLS Number: ML81588184

MLSListings

APN: 061-11-38

California Stanislaus County Turlock 95380 Downtown Turlock

418 N Broadway, Turlock, CA

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