NOT LISTED FOR SALE

Estimated Value: $689,812 - $738,000

8 Beds
4 Baths
3,136 Sq Ft
$228/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $425,000 $136 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,230/month

78 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of November 2017

4 Units all 2 bedrooms with 1 bathroom. Each unit features tile and carpet flooring with washer and dryer hook ups. 6 covered parking spaces, 3 in the front and 3 in the back. Property is across the street from Wakefield Elementary School. Lot has the potential to build an additional 4 units, check with the local county planning department. Don't miss this great investment opportunity.

Last Agent to Sell the Property

Alifonso Mendoza

Keller Williams Merced License #01760709 Listed on: 04/03/2017

Keller Williams Merced

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 10,542

Parking

  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Electric Range

Additional Features

  • 10,542 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 050-030-022

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1976
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 450000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport,1 Space Per Unit

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: R4
  • Lot Size Acres: 0.2420
  • Lot Size Sq Ft: 10542

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 050-030-022

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2019
Sold by
Rio David Del
Bought by
Matos Tanya C
Current Estimated Value
$721,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,625
Outstanding Balance
$306,416
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$407,490

Purchase Details

Closed on
Jul 13, 2017
Sold by
Bowers Donald W and Bowers Carolyn E
Bought by
Delrio David and Delrio Del Rio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2017
Sold by
Timp Investments Llc
Bought by
Bowers Donald W and Bowers Carolyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2008
Sold by
Bowers Donald W and Bowers Carolyn E
Bought by
Timp Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Matos Tanya C $467,500 Corinthian Title Company
Delrio David $425,000 First American Title Company
Bowers Donald W -- First American Title Company
Timp Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matos Tanya C $350,625
Previous Owner Delrio David $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2017 11/01/17 Sold $425,000 -5.6% $136 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $450,000 -- $143 / 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 $5,489 $511,275 $76,553 $434,722
2024 $5,386 $501,251 $75,052 $426,199
2023 $5,378 $491,424 $73,581 $417,843
2022 $5,310 $481,789 $72,139 $409,650
2021 $5,232 $472,343 $70,725 $401,618
2020 $5,196 $467,500 $70,000 $397,500
2019 $4,833 $433,500 $68,850 $364,650
2018 $4,828 $425,000 $67,500 $357,500
2017 $2,155 $189,863 $59,427 $130,436
2016 $2,013 $186,141 $58,262 $127,879
2015 $1,994 $183,346 $57,387 $125,959
2014 $1,974 $179,755 $56,263 $123,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17018363

MetroList

APN: 050-30-22