JoAnn Merenda
eXp Realty of Northern California, Inc.
(209) 219-3322
54 Total Sales
1 in Downtown Turlock
$460,000 Price
418 N Broadway Turlock, CA 95380
Downtown Turlock NeighborhoodEstimated Value: $511,573 - $578,000
6
Beds
3
Baths
2,672
Sq Ft
$204/Sq Ft
Est. Value
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 2016Great 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
The Real Estate Center License #01405036 Listed on: 05/31/2016
Last Buyer's Agent
Humberto Felix
Intero Real Estate Services License #01397259
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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
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
Cortes Raul C and Cortes Cynthia K
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,787
Avg. Annual Appreciation
6.33%
Original Mortgage
$213,750
Outstanding Balance
$166,333
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$378,454
Purchase Details
Closed on
Jun 9, 2012
Sold by
Cortes Raul C
Bought by
Cortes Raul C and Cortes Cynthia K
Purchase Details
Closed on
Sep 4, 2001
Sold by
Gutierrez Nick
Bought by
Cortes Raul C
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
7%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Turlock, CA
-
JoAnn Merenda
-
Eric Terrero
Eric Terrero
PMZ Real Estate
(209) 554-6059
79 Total Sales
1 in Downtown Turlock
$340,000 Price
-
Kenneth Kremer
Kenneth Kremer
Kenneth A. Kremer, Broker
(341) 222-1658
47 Total Sales
1 in Downtown Turlock
$2,250,000 Price
-
Steven Zagaris
Steven Zagaris
PMZ Real Estate
(209) 653-1646
141 Total Sales
2 in Downtown Turlock
$338K - $340K Price Range
-
Rob Brown
Rob Brown
Realty Concepts, Ltd.
(559) 821-2616
67 Total Sales
3 in Downtown Turlock
$358,000 Price Range
-
Justin Eden
Justin Eden
KW College Park
(469) 278-7236
37 Total Sales
1 in Downtown Turlock
$590,000 Price
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 | ||
| Rivera Martin Juan | -- | Old Republic Title Company | |
| Cortes Raul C | -- | None Available | |
| Cortes Raul C | $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 | Cortes Raul C | $117,000 | |
| Previous Owner | Cortes Raul C | $131,250 | |
| Previous Owner | Gutierrez Nick | $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
29 Total Sales
-
HF
Buyer's Agent in 2016
Humberto Felix
Intero Real Estate Services
Map
Source: MLSListings
MLS Number: ML81588184
APN: 061-11-38
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