NOT LISTED FOR SALE

Estimated Value: $589,959 - $635,000

4 Beds
2 Baths
2,124 Sq Ft
$288/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $560,000 $264 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,513/month

5 Days on Market

Highlights

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

About This Home

As of March 2024

Three beautifully remodeled units each with 2 bedrooms and 1 bathroom. The interior offers modern living spaces. The kitchen features granite counters, new cabinets and stainless steel appliances. Each unit also has a new roof and new vinyl flooring. This property is a fantastic opportunity for those seeking an investment in a prime location. Don't miss the chance to make it yours!

Last Agent to Sell the Property

Moe Jawad

Keller Williams Merced License #02043712 Listed on: 01/26/2024

Keller Williams Merced

Co-Listed By

Ashley Verna

Keller Williams Merced License #02024900

Last Buyer's Agent

Louis Martinho

Century 21 Select Real Estate License #01269650

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 1971

Lot Details

  • 10,202

Home Design

  • Mixed Use
  • Concrete Foundation
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,124 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Carbon Monoxide Detectors

Parking

  • 3 Parking Spaces
  • Uncovered Parking

Additional Features

  • 10,202 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 050-029-025-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,002

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Mixed Use
  • Property Subtype 1: Other
  • Year Built: 1971
  • Stories: 1
  • Number of Two Bedroom Units: 3
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Price Per Square Foot: 263.65
  • Square Footage: 2124.00

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 559000.00
  • Lot Features: Sidewalk
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 3.00

Utilities

  • Security: Carbon Mon Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: res
  • Irrigation: Public District
  • Lot Size Acres: 0.2342
  • Lot Size Sq Ft: 10202.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 3
  • Number of Units: 3

Tax Info

  • Assessor Parcel Number: 050-029-025-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Mar 13, 2024
Sold by
Golden State Realty Associatio
Bought by
Ramirez Francisco Javier Reyno
Seller's Agent
Moe Jawad
Keller Williams Merced
Buyer's Agent
Louis Martinho
Century 21 Select Real Estate
List Price
$559,000
Sold Price
$560,000
Premium/Discount to List
$1,000
0.18%
Views
52
Current Estimated Value
$612,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,480
Avg. Annual Appreciation
6.11%
Original Mortgage
$336,000
Outstanding Balance
$330,737
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$281,743

Purchase Details

Listed on
Jul 27, 2018
Closed on
Sep 6, 2018
Sold by
Ramirez Jesus and Ramirez Margarita G
Bought by
Golden State Realty Association
Seller's Agent
Nash Jimenez
Realty Executives Of Northern California
Buyer's Agent
Salim Farha
Realty Executives Of Northern California
List Price
$269,000
Sold Price
$255,000
Premium/Discount to List
-$14,000
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.53%
Original Mortgage
$202,500
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Ramirez Francisco Javier Reyno $560,000 Wfg National Title Insurance C
Reynoso Family Trust -- None Listed On Document
Golden State Realty Association $255,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Francisco Javier Reyno $336,000
Previous Owner Golden State Realty Association $358,000
Previous Owner Golden State Realty Association $215,000
Previous Owner Golden State Realty Association $400,000
Previous Owner Golden State Realty Association $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $560,000 +0.2% $264 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $559,000 +119.2% $263 / Sq Ft
10/02/2018 10/02/18 Sold $255,000 -5.2% $163 / Sq Ft
09/24/2018 09/24/18 Price Changed $269,000 0.0% $172 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $269,000 -- $172 / 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 $3,002 $278,877 $66,711 $212,166
2023 $2,997 $273,409 $65,403 $208,006
2022 $2,959 $268,049 $64,121 $203,928
2021 $2,916 $262,794 $62,864 $199,930
2020 $2,896 $260,100 $62,220 $197,880
2019 $2,847 $255,000 $61,000 $194,000
2018 $2,393 $210,185 $48,498 $161,687
2017 $2,338 $206,065 $47,548 $158,517
2016 $2,183 $202,025 $46,616 $155,409
2015 $1,827 $168,000 $44,000 $124,000
2014 $1,649 $150,000 $44,000 $106,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224006339

MetroList

APN: 050-29-25