NOT LISTED FOR SALE

Estimated Value: $368,000 - $510,000

3 Beds
2 Baths
2,203 Sq Ft
$197/Sq Ft Est. Value

Last Sold May 18, 2016

Last sale price $250,000 $113 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,686/month

24 Days on Market

Highlights

  • 0.42 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • 1 Fireplace
  • Living Room
  • Family or Dining Combination

About This Home

As of May 2016

This property has two (2) single family residences on one large lot that may be split. Homes are in need of substantial remodeling including roof and pest work. However this appears to be a great Flip opportunity or an ideal situation for a handyman with an extended family or for rental investment. Property is being sold AS IS on a cash basis due to it's condition. Great opportunity to acquire 2 spacious homes at a very low price point.

Last Agent to Sell the Property

Gregory Smith

RE/MAX Executive License #00522240 Listed on: 04/07/2016

RE/MAX Executive

Last Buyer's Agent

Sammy D & Lady T /The Dynamic Duo

Coldwell Banker Realty License #01310624

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,821

Year Built

  • Built in 1947

Lot Details

  • 0.42

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 2,203 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Family or Dining Combination
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 0.42 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 032-037-005-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,821

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: No
  • Year Built: 1947
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet,Wood,See Remarks
  • Possible Bedrooms: 6
  • Bathroom Features: Shower Stall(s),Other
  • Bathrooms: 2.00
  • Dining Room Features: Dining/Family Combo
  • Room Type: Baths Other
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 113.48
  • Square Footage: 2203

Exterior Features

  • Construction Materials: Frame,Lap Siding,See Remarks
  • Disclosures/Documents: CC&Rs
  • Foundation: Raised,Slab
  • Listing Price: 279900.00
  • Lot Features: Split Possible,Street Lights
  • Pool: No
  • Property Condition: Fixer
  • Roof: Composition
  • Second Unit Estimated Sq Ft: 1884

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached,See Remarks

Utilities

  • Sewer: In & Connected
  • Utilities: All Public
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Inside Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Riverbank Unified

Lot Info

  • Zoning Description: Res
  • Irrigation: Other
  • Lot Size Acres: 0.4200
  • Lot Size Sq Ft: 18295

Tax Info

  • Assessor Parcel Number: 032-037-005-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
May 9, 2016
Sold by
Yu Yunjie
Bought by
Jin Wenjie
Seller's Agent
Gregory Smith
RE/MAX Executive
Buyer's Agent
Sammy D & Lady T /The Dynamic Duo
Coldwell Banker Realty
List Price
$279,900
Sold Price
$250,000
Premium/Discount to List
-$29,900
-10.68%
Current Estimated Value
$432,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,609
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Oct 2, 2014
Sold by
Macias Amber and Estate Of Steven Roy Whitehead
Bought by
Macias Amber

Purchase Details

Closed on
Jul 8, 2002
Sold by
Manuel Anthony R and Towe Sharon K
Bought by
B Panella Drayage Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.71%

Purchase Details

Closed on
May 20, 1996
Sold by
Mcginnis J B and Mcginnis Katheryn M
Bought by
Whitehead Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.18%
Mortgage Type
Balloon
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
Jin Wenjie -- First American Title
Jin Wenjie $250,000 First American Title Company
Macias Amber -- None Available
B Panella Drayage Co Inc $190,000 North American Title Ins Co
Whitehead Steve $160,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitehead Steve $145,794
Previous Owner Whitehead Steve $132,662
Previous Owner Whitehead Steve $130,000
Previous Owner Whitehead Steve $184,000
Previous Owner B Panella Drayage Co Inc $143,000
Previous Owner Whitehead Steve $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2016 05/18/16 Sold $250,000 -10.7% $113 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $279,900 -- $127 / 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 $3,821 $290,141 $104,450 $185,691
2023 $3,503 $284,452 $102,402 $182,050
2022 $3,360 $278,876 $100,395 $178,481
2021 $3,371 $273,409 $98,427 $174,982
2020 $3,336 $270,606 $97,418 $173,188
2019 $3,286 $265,301 $95,508 $169,793
2018 $3,224 $260,100 $93,636 $166,464
2017 $3,310 $255,000 $91,800 $163,200
2016 $2,867 $220,121 $59,842 $160,279
2015 $2,839 $216,816 $58,944 $157,872
2014 $2,164 $156,500 $35,000 $121,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16020683

MetroList

APN: 132-37-05