NOT LISTED FOR SALE
3 Beds
4 Baths
1,772 Sq Ft
7,000 Sq Ft

Last Sold March 24, 2020

Last sale price $900,000 $508 Per Sq Ft

10 Days on Market

About This Home

As of March 2020

Lets get your cash flow growing in 2020. this 9 unit complex can be sold with 621 15th st. mls# 20001964

Last Agent to Sell the Property

Jon Sump

The Home Brokerage License #01264011 Listed on: 01/11/2020

Last Buyer's Agent

Saeid Banankhah

HomeSmart PV & Associates License #01934011

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1974

Lot Details

  • 7,000

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Composition Roof

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Additional Features

  • 2-Story Property
  • 7,000 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 106-017-013-000

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Leased Units
  • Insurance Expense $10,000
  • Operating Expense $38,650
  • Net Operating Income $49,949

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,000

Year Built

Built in 1974

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1974
  • Architectural Style: Unknown
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 950000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

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

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Multi
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 9

Multi Family

  • Operating Expense: 38650
  • Income Includes: Coin Operated Equipment,Laundry,Rent Only
  • Insurance Expense: 10000
  • Number of Leased Units: 9
  • Number of Units: 9
  • Units Furnished: None
  • Gross Income Multiplier: 9.500

Tax Info

  • Assessor Parcel Number: 106-017-013-000
  • Current RE Taxes: 10000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2020 03/24/20 Sold $900,000 -5.3% $508 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $950,000 -- $536 / Sq Ft
Source: MetroList

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 $11,510 $984,276 $71,084 $913,192
2024 $10,995 $964,978 $69,691 $895,287
2023 $10,833 $946,058 $68,325 $877,733
2022 $10,570 $927,509 $66,986 $860,523
2021 $9,942 $909,323 $65,673 $843,650
2020 $7,529 $668,456 $47,338 $621,118
2019 $7,355 $655,350 $46,410 $608,940
2018 $5,284 $484,813 $26,932 $457,881
2017 $5,157 $475,307 $26,404 $448,903
2016 $5,059 $465,988 $25,887 $440,101
2015 $4,990 $458,990 $25,499 $433,491
2014 $4,913 $450,000 $25,000 $425,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 20001967

MetroList
Your Personal Tour Guide

Ask me questions while you tour the home.