NOT LISTED FOR SALE

507 N 3rd St Patterson, CA 95363

Estimated Value: $557,000 - $945,017

10 Beds
4 Baths
3,964 Sq Ft
$189/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $600,000 $151 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,657/month

70 Days on Market

Highlights

  • 0.54 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of July 2017

5 Rentable units on one large lot in North Patterson. 2 single family homes with garages, and one triplex with 2 carports and 1 parking space. Please check with City of Patterson regarding potential of splitting into individual lots

Last Agent to Sell the Property

Rhonda Wheeland

Realty World -RW Properties License #01160806 Listed on: 12/21/2016

Realty World -RW Properties

Last Buyer's Agent

Rhonda Wheeland

Realty World -RW Properties License #01160806 Listed on: 12/21/2016

Realty World -RW Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,902

Year Built

  • Built in 1959

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions: 187.5

Parking

  • 1 Open Parking Space
  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Electric Range

Listing and Financial Details

  • Tenant pays for cable tv electricity gas sewer trash collection water
  • Assessor Parcel Number 131-011-019-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,902

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1959
  • Stories: 1
  • Number of Two Bedroom Units: 3
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Vinyl Siding
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 675000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 1
  • Covered Parking Spaces: 6
  • Garage Spaces: 2
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Cooling: Central,Window Unit(s)
  • Heating: Central,Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Patterson Joint

Lot Info

  • Zoning Description: Residential
  • Lot Size Acres: 0.5380
  • Lot Dimensions: 187.5 x 125
  • Lot Size Sq Ft: 23435

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Sewer,Trash Collection,Water
  • Total # Leasable: 5

Multi Family

  • Gross Income: 49800
  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Number of Leased Units: 5
  • Number of Month to Month Units: 5
  • Number of Units: 5
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 131-011-019-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2016
Closed on
Jul 18, 2017
Sold by
Gong Mary Chin and The Chin Fook Sun Trust
Bought by
Roberts Lajwanti N and Roberts Lalit K
Seller's Agent
Rhonda Wheeland
Realty World -RW Properties
Buyer's Agent
Rhonda Wheeland
Realty World -RW Properties
List Price
$675,000
Sold Price
$600,000
Premium/Discount to List
-$75,000
-11.11%
Current Estimated Value
$751,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,009
Avg. Annual Appreciation
2.77%
Original Mortgage
$225,000
Outstanding Balance
$186,937
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
$564,072
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
Roberts Lajwanti N $600,000 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Lajwanti N $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2017 07/21/17 Sold $600,000 -11.1% $151 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
12/21/2016 12/21/16 For Sale $675,000 -- $170 / 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
2024 $7,902 $669,307 $133,860 $535,447
2023 $7,724 $656,185 $131,236 $524,949
2022 $7,281 $643,319 $128,663 $514,656
2021 $7,221 $630,706 $126,141 $504,565
2020 $7,181 $624,240 $124,848 $499,392
2019 $7,071 $612,000 $122,400 $489,600
2018 $6,726 $600,000 $120,000 $480,000
2017 $1,857 $160,299 $26,701 $133,598
2016 $1,808 $157,157 $26,178 $130,979
2015 $1,781 $154,797 $25,785 $129,012
2014 $1,741 $151,765 $25,280 $126,485
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Wheeland

    Seller's Agent in 2017

    Rhonda Wheeland

    Realty World -RW Properties

    (209) 402-6634

    95 in this area

    131 Total Sales

    Rhonda Wheeland
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Map

Source: MetroList

MLS Number: 16077597

MetroList

APN: 131-11-19

California Stanislaus County Patterson 95363

507 N 3rd St, Patterson, CA

This home is located at 507 N 3rd St, Patterson, CA 95363 since 21 December 2016 and is currently estimated at $751,009, approximately $189 per square foot. This property was built in 1959. 507 N 3rd St is a home located in Stanislaus County with nearby schools including Northmead Elementary School, Creekside Middle School, and Patterson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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