NOT LISTED FOR SALE

437 S Union Rd Manteca, CA 95337

Estimated Value: $448,000 - $577,000

4 Beds
4 Baths
2,600 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $225,000 $87 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,924/month

14 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 4-minute walk to Yosemite Village Park
  • Sierra High School Rated A-

About This Home

As of October 2014

Tenants love the complex and want to stay. The owner has made improvements inside and out. This is a great investment opportunity!

Last Agent to Sell the Property

Ryan Harris

Realty ONE Group Zoom License #01858519 Listed on: 10/14/2014

Realty ONE Group Zoom

Last Buyer's Agent

Ryan Harris

Realty ONE Group Zoom License #01858519 Listed on: 10/14/2014

Realty ONE Group Zoom

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 6,199

Home Design

  • Quadruplex

Parking

  • 2 Open Parking Spaces
  • 1 Parking Space Included
  • 4 Covered Spaces

Additional Features

  • 2-Story Property
  • 6,199 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Security Deposit $2,400
  • Tenant pays for electricity
  • Assessor Parcel Number 222-090-11

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Oral Lease Type

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1979
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 250000.00
  • Roof: See Remarks

Garage/Parking

  • Open Parking Spaces: 2
  • Covered Parking Spaces: 4
  • Parking Features: 1 Space Per Unit

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Manteca Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.1423
  • Lot Size Sq Ft: 6199

Rental Info

  • Tenant Pays: Electricity
  • Total Deposit: 2400
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 222-090-11

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2014
Closed on
Oct 29, 2014
Sold by
Sharif Mohammad H
Bought by
Sharif Karima
Seller's Agent
Ryan Harris
Realty ONE Group Zoom
Buyer's Agent
Ryan Harris
Realty ONE Group Zoom
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$511,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,079
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Feb 11, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Konecny Dave and Konecny Lori

Purchase Details

Closed on
Sep 13, 2010
Sold by
Ghorbani Reza
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Mar 31, 2006
Sold by
Ghorbani Ann Marie
Bought by
Ghorbani Reza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 27, 2001
Sold by
Ghorbani Ann Marie
Bought by
Ghorbani Reza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.09%

Purchase Details

Closed on
Jul 25, 2001
Sold by
Sepulveda Norma
Bought by
Ghorbani Reza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.09%

Purchase Details

Closed on
Nov 6, 1998
Sold by
Thomas Hedegard and Machado Donald A
Bought by
Sepulveda Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
8.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sharif Karima -- Old Republic Title Company
Capitol Investment & Acquisitions Inc $225,000 Old Republic Title Company
Konecny Dave $130,000 Fidelity National Title Co
Jpmorgan Chase Bank National Association $216,072 Accommodation
Ghorbani Reza -- Chicago Title Company
Ghorbani Reza -- First American Title Co
Ghorbani Reza $300,000 First American Title Co
Sepulveda Norma $122,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ghorbani Reza $392,000
Previous Owner Ghorbani Reza $240,000
Previous Owner Sepulveda Norma $91,500
Closed Sepulveda Norma $24,400
Closed Ghorbani Reza $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $225,000 -10.0% $87 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
10/13/2014 10/13/14 For Sale $250,000 -- $96 / 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
2025 $3,052 $270,408 $72,106 $198,302
2024 $2,966 $265,107 $70,693 $194,414
2023 $2,931 $259,909 $69,307 $190,602
2022 $2,887 $254,814 $67,949 $186,865
2021 $2,856 $249,818 $66,617 $183,201
2020 $2,742 $247,257 $65,934 $181,323
2019 $2,707 $242,410 $64,642 $177,768
2018 $2,671 $237,658 $63,375 $174,283
2017 $2,633 $232,999 $62,133 $170,866
2016 $2,569 $228,431 $60,915 $167,516
2015 $2,554 $225,000 $60,000 $165,000
2014 $1,482 $135,866 $26,128 $109,738
Source: Public Records

Agents Affiliated with this Home

  • Ryan Harris

    Seller's Agent in 2014

    Ryan Harris

    Realty ONE Group Zoom

    (209) 740-5440

    60 Total Sales

    Ryan Harris
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Map

Source: MetroList

MLS Number: 14065277

MetroList

APN: 222-090-11

California San Joaquin County Manteca 95337

437 S Union Rd, Manteca, CA

Not Listed for Sale

MultiFamily

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