NOT LISTED FOR SALE

Estimated Value: $684,966 - $734,000

8 Beds
4 Baths
3,200 Sq Ft
$222/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $570,000 $178 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,225/month

6 Days on Market

Highlights

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

About This Home

As of February 2021

GREAT investment opportunity easily rented and maintained! All units remodeled since 2016, all new flooring, doors and most windows replaced, New roof on front house. Rear building re-stuccoed with color coat. Unit C most recently remodeled (2020), with all new sheetrock, electrical, new HVAC, doors, flooring tiled bathroom, kitchen cabinets, counters etc. Front home has large kitchen, laundry hookups, fenced backyard and private front yard. The 3 Units in the back each have small back patio and yard, great for BBQ'ing. Existing laundry room On site only requires water heater to be installed to be functional.

Last Agent to Sell the Property

Regina Kuykendall

HomeSmart PV & Associates License #01026507 Listed on: 01/06/2021

HomeSmart PV & Associates

Last Buyer's Agent

Mike Pappas

Realty ONE Group Zoom License #01272062

Realty ONE Group Zoom

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 1939

Lot Details

  • 0.28

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Parking

  • 1 Open Parking Space
  • 3 Covered Spaces

Additional Features

  • 0.28 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 050-030-010-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 2 Units Leased Month-To-Month
  • Insurance Expense $1,500
  • Operating Expense $8,000
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,400

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1939
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range,Varies By Unit
  • Other Equipment: None
  • Flooring: Laminate,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Foundation: Raised,Slab
  • Listing Price: 565000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 1
  • Covered Parking Spaces: 3
  • Parking Features: Carport,Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Cooling: Central
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Patios/Balcony,Yard Space,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: multi family
  • Lot Size Acres: 0.2755
  • Lot Size Sq Ft: 12001

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 1

Multi Family

  • Operating Expense: 8000
  • Income Includes: Rent Only
  • Insurance Expense: 1500
  • Number of Leased Units: 1
  • Number of Month to Month Units: 2
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None
  • Gross Income Multiplier: 11.770

Tax Info

  • Assessor Parcel Number: 050-030-010-000
  • Current RE Taxes: 2400
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Feb 22, 2021
Sold by
Kuykendall Lance B and Kuykendall Regina I
Bought by
Cisneros Patrick Daniel
Seller's Agent
Regina Kuykendall
HomeSmart PV & Associates
Buyer's Agent
Mike Pappas
Realty ONE Group Zoom
List Price
$565,000
Sold Price
$570,000
Premium/Discount to List
$5,000
0.88%
Current Estimated Value
$709,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,483
Avg. Annual Appreciation
4.57%
Original Mortgage
$521,977
Outstanding Balance
$466,851
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$242,632

Purchase Details

Closed on
Feb 27, 2018
Sold by
Kuykendall Lance and Kuykendall Regina
Bought by
Kuykendall Regina I and Kuykendall Lance B

Purchase Details

Listed on
Mar 8, 2016
Closed on
Aug 25, 2016
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Kuykendall Lance and Kuykendall Regina
Seller's Agent
Jeffrey Russell
Alta Realty Company
Buyer's Agent
Regina Kuykendall
HomeSmart PV & Associates
List Price
$150,000
Sold Price
$195,000
Premium/Discount to List
$45,000
30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.76%

Purchase Details

Closed on
May 23, 2016
Sold by
Oppenheim Sherry
Bought by
Wilmington Savings Fund Society Fsb and Christiana Trust

Purchase Details

Closed on
Jan 8, 2002
Sold by
Cortez Alejandro and Sandoval Rodrigo
Bought by
Oppenheim Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,500
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 1999
Sold by
Maria D Barragan Javier Oseguera and Maria Arreola
Bought by
Sandoval Rodrigo and Cortez Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 1994
Sold by
Barragan Javier Oseguera and Arreola Maria De Los Angeles
Bought by
Barragan Javier Oseguera and Arreola Maria De Los Angeles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cisneros Patrick Daniel $570,000 First American Title Company
Kuykendall Regina I -- None Available
Kuykendall Lance $195,000 None Available
Wilmington Savings Fund Society Fsb $237,080 None Available
Oppenheim Sherry $225,000 Fidelity National Title Co
Sandoval Rodrigo $210,000 Stewart Title
Sandoval Rodrigo -- Stewart Title
Barragan Javier Oseguera -- North American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cisneros Patrick Daniel $521,977
Previous Owner Oppenheim Sherry $154,500
Previous Owner Sandoval Rodrigo $168,000
Previous Owner Barragan Javier Oseguera $140,000
Closed Sandoval Rodrigo $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2021 02/26/21 Sold $570,000 +0.9% $178 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $565,000 +189.7% $177 / Sq Ft
09/02/2016 09/02/16 Sold $195,000 +30.0% $61 / Sq Ft View Prior Sale
08/17/2016 08/17/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $150,000 -- $47 / 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 $6,621 $616,983 $86,593 $530,390
2024 $6,498 $604,887 $84,896 $519,991
2023 $6,488 $593,028 $83,232 $509,796
2022 $6,406 $581,400 $81,600 $499,800
2021 $2,802 $252,523 $42,887 $209,636
2020 $2,783 $249,935 $42,448 $207,487
2019 $2,267 $202,878 $41,616 $161,262
2018 $2,266 $198,900 $40,800 $158,100
2017 $2,213 $195,000 $40,000 $155,000
2016 $2,551 $236,247 $56,151 $180,096
2015 $2,304 $212,000 $49,500 $162,500
2014 $2,469 $225,000 $44,000 $181,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20075795

MetroList

APN: 050-30-10