NOT LISTED FOR SALE

Estimated Value: $674,000 - $685,749

6 Beds
3 Baths
2,366 Sq Ft
$287/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $670,000 $283 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,004/month

14 Days on Market

Highlights

  • A-Frame Home
  • No HOA
  • Central Heating and Cooling System
  • Private Yard
  • Tile Flooring
  • Ceiling Fan

About This Home

As of September 2024

Great Opportunity! Welcome to 552 W. Main Street in Turlock. This nice triplex is close in proximity to shopping, parks, schools, restaurants, and freeway access for commuters. Triplex features lots of room with additional fenced in space on lot for additional unit. Bring in a 4th unit which could be an ADU or Manufactured Mobile Home. Great Opportunity. Property has alley access. All units have separate meters. There is a lot of possibilities with this property. Unit 552 is a 3 bedroom & 1 bath. Unit 554 is a 2 bedroom & 1 bath. Unit 556 is a 1 bedroom & 1 bath. All tenants are month to month. Great cash flow with very nice remodeled and clean units.

Last Agent to Sell the Property

Daniel Maciel

Atlantic Realty License #01323683 Listed on: 08/09/2024

Last Buyer's Agent

Nicamor Torres

EXIT Realty Consultants License #02010590

EXIT Realty Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,786

Year Built

  • Built in 1915

Lot Details

  • 7,701 Sq Ft Lot
  • Private Yard

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • A-Frame Home
  • Mediterranean Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,366 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Refrigerated and Evaporative Cooling System
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 050-021-016-000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,786

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Triplex
  • Year Built: 1915
  • Architectural Style: A-Frame, Mediterranean
  • Stories: 2
  • Number of One Bedroom Units: 2
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Price Per Square Foot: 283.18
  • Square Footage: 2366.00

Exterior Features

  • Construction Materials: Stucco, Wood
  • Exterior Features: Yard Space
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 695000.00
  • Lot Features: Curbs/Gutters, Sidewalk
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Topography: Level,Level

Garage/Parking

  • Parking Features: Varies by Unit, Other
  • Total Parking Spaces: 3.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector, Varies By Unit
  • Sewer: In & Connected
  • Utilities: City, Other
  • Cooling: Ceiling Fan(s), Central, Evaporative Cooler
  • Heating: Central, Wall Furnace
  • Laundry Features: Varies by Unit
  • 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: Multi Family Dwelling
  • Irrigation: None
  • Lot Size Acres: 0.1768
  • Lot Size Sq Ft: 7701.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Other
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Gross Income: 61200
  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 3
  • Existing Lease Type: Other
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3

Tax Info

  • Assessor Parcel Number: 050-021-016-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Sep 11, 2024
Sold by
Anwar Mina
Bought by
Hong Justin
Seller's Agent
Daniel Maciel
Atlantic Realty
Buyer's Agent
Nicamor Torres
EXIT Realty Consultants
List Price
$695,000
Sold Price
$670,000
Premium/Discount to List
-$25,000
-3.6%
Views
16
Current Estimated Value
$679,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,875
Avg. Annual Appreciation
1.43%
Original Mortgage
$502,500
Outstanding Balance
$498,045
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$181,830

Purchase Details

Listed on
Nov 10, 2021
Closed on
Jul 15, 2022
Sold by
Arruda Carlos M
Bought by
Anwar Mina
Seller's Agent
Daniel Maciel
Atlantic Realty
Buyer's Agent
Daniel Maciel
Atlantic Realty
List Price
$500,000
Sold Price
$335,000
Premium/Discount to List
-$165,000
-33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.04%
Original Mortgage
$125,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2006
Sold by
Arruda Evangelina B
Bought by
Arruda Carlos M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 23, 2005
Sold by
Arruda Carlos M
Bought by
Arruda Carlos M and Arruda Evangelina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 2005
Sold by
Arruda Evangelina B
Bought by
Arruda Carlos M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.61%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2005
Sold by
Arruda Carlos M
Bought by
Arruda Carlos M and Arruda Evangelina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2005
Sold by
Arruda Evangelina B
Bought by
Arruda Carlos M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Hong Justin $670,000 Wfg National Title Insurance C
Anwar Mina $335,000 Pasion Title Services
Arruda Carlos M -- Stewart Title Of Modesto
Arruda Carlos M -- --
Arruda Carlos M -- Stewart Title Of Modesto
Arruda Carlos M -- --
Arruda Carlos M -- Stewart Title Of Modesto
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Justin $502,500
Previous Owner Anwar Mina $323,819
Previous Owner Arruda Carlos M $178,000
Previous Owner Arruda Carlos M $160,000
Previous Owner Arruda Carlos M $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $670,000 -3.6% $283 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $695,000 +107.5% $294 / Sq Ft
07/22/2022 07/22/22 Sold $335,000 -27.2% $120 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/18/2022 05/18/22 Price Changed $460,000 -8.0% $164 / Sq Ft
04/18/2022 04/18/22 For Sale $500,000 -16.7% $179 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
11/10/2021 11/10/21 For Sale $600,000 -- $214 / 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 $4,786 $445,230 $219,300 $225,930
2023 $2,035 $185,374 $37,270 $148,104
2022 $2,010 $181,740 $36,540 $145,200
2021 $1,980 $178,177 $35,824 $142,353
2020 $1,967 $176,351 $35,457 $140,894
2019 $1,934 $172,894 $34,762 $138,132
2018 $1,932 $169,505 $34,081 $135,424
2017 $1,887 $166,182 $33,413 $132,769
2016 $1,763 $162,924 $32,758 $130,166
2015 $1,611 $148,000 $44,000 $104,000
2014 $1,457 $132,500 $44,000 $88,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224088393

MetroList

APN: 050-21-16