NOT LISTED FOR SALE

507 N 3rd St Patterson, CA 95363

Patterson Area

Estimated Value: $769,682

10 Beds
4 Baths
3,964 Sq Ft
$194/Sq Ft Est. Value

Sale Details

Date Sold: July 21, 2017

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

Est. 28% increase in value since last sale

Current estimated payment $5,038 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 23,435 Sq Ft Lot
  • Lot Dimensions are 187.5 x 125

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

Year Built

Built in 1959

Lot Details

0.54 Acres

Parking

2

Listing Details

  • MLS Status: Closed
  • Standard Status: Closed
  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1959
  • Stories: 1
  • 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

  • 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

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
Dec 21, 2016
Closed on
Jul 18, 2017
Sold by
Gong Mary Chin and The Chin Fook Sun Trust
Bought by
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
$769,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,682
Avg. Annual Appreciation
2.75%
Original Mortgage
$225,000
Outstanding Balance
$181,861
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
$587,821
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Patterson, CA

  • Juan Mora Real Estate Agent - London Properties, Ltd.

    Juan Mora

    London Properties, Ltd.

    (559) 206-2461

    166 Total Sales

    6 in Patterson

    $500K - $605K Price Range

    Juan Mora
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  • Eric Terrero Real Estate Agent - PMZ Real Estate

    Eric Terrero

    PMZ Real Estate

    (209) 554-6059

    78 Total Sales

    1 in Patterson

    $305,000 Price

    Eric Terrero
     Section Image
  • Michele J. Sherman Real Estate Agent - HomeSmart Optima Realty

    Michele J. Sherman

    HomeSmart Optima Realty

    (510) 560-7240

    29 Total Sales

    1 in Patterson

    $608,390 Price

    Michele J. Sherman
     Section Image
  • Michael Case Real Estate Agent - Realty ONE Group TODAY

    Michael Case

    Realty ONE Group TODAY

    (925) 338-0214

    4 Total Sales

    1 in Patterson

    $415,000 Price

    Michael Case
     Section Image
  • Steve Moniz Real Estate Agent - Premier Properties

    Steve Moniz

    Premier Properties

    (510) 983-7883

    31 Total Sales

    1 in Patterson

    $525,000 Price

    Steve Moniz
     Section Image
  • Ben Bazar Real Estate Agent - RE/MAX Executive

    Ben Bazar

    RE/MAX Executive

    (209) 497-5769

    82 Total Sales

    2 in Patterson

    $364K - $427K Price Range

    Ben Bazar
     Section Image
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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
$600,000 North American Title Co Inc
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 $225,000
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
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

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 $7,925 $682,692 $136,537 $546,155
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 Real Estate Agent - Realty World -RW Properties

    Seller's Agent in 2017

    Rhonda Wheeland

    Realty World -RW Properties

    (209) 402-6634

    120 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

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.

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