NOT LISTED FOR SALE
1 Bed
4 Baths
1,772 Sq Ft
7,000 Sq Ft Lot

Sale Details

Date Sold: March 24, 2020

Last sale price $900,000 $508 Per Sq Ft

10 Days on Market

About This Home

As of March 2020

Lets get your cash flow going in 2020! 9 units + an additional 9 units located at 514 13th st. can go together or separate. mls# 20001967

Last Agent to Sell the Property

Jon Sump

The Home Brokerage License #01264011 Listed on: 01/11/2020

Last Buyer's Agent

Saeid Banankhah

HomeSmart PV & Associates License #01934011

HomeSmart PV & Associates
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1974

Lot Details

  • 7,000

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Composition Roof

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Additional Features

  • 2-Story Property
  • 7,000 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 106-013-004-000

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Leased Units
  • Insurance Expense $3,500
  • Operating Expense $38,650
  • Net Operating Income $49,949

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,000

Year Built

Built in 1974

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1974
  • Architectural Style: Unknown
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 950000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: multi
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Other
  • Total # Leasable: 9

Multi Family

  • Operating Expense: 38650
  • Income Includes: Coin Operated Equipment,Laundry
  • Insurance Expense: 3500
  • Number of Leased Units: 9
  • Number of Units: 9
  • Units Furnished: None
  • Gross Income Multiplier: 9.500

Tax Info

  • Assessor Parcel Number: 106-013-004-000
  • Current RE Taxes: 10000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2020
Closed on
Mar 19, 2020
Sold by
Bought by
Seller's Agent
Jon Sump
The Home Brokerage
Buyer's Agent
Saeid Banankhah
HomeSmart PV & Associates
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 21, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$899,500
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 20, 2008
Sold by
Bought by

Purchase Details

Closed on
Sep 26, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 5, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$900,000 Chicago Title Company
-- Chicago Title Co
-- Chicago Title Co
$1,250,000 Chicago Title Co
$900,000 First American Title Company
$525,000 First American Title Company
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $570,000
Closed $630,000
Previous Owner $899,500
Previous Owner $675,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/24/2020 03/24/20 Sold $900,000 -5.3% $508 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $950,000 -- $536 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,510 $984,276 $71,084 $913,192
2024 $10,995 $964,978 $69,691 $895,287
2023 $10,833 $946,058 $68,325 $877,733
2022 $10,570 $927,509 $66,986 $860,523
2021 $9,942 $909,323 $65,673 $843,650
2020 $7,529 $668,456 $47,338 $621,118
2019 $7,355 $655,350 $46,410 $608,940
2018 $5,284 $484,813 $26,932 $457,881
2017 $5,157 $475,307 $26,404 $448,903
2016 $5,059 $465,988 $25,887 $440,101
2015 $4,990 $458,990 $25,499 $433,491
2014 $4,913 $450,000 $25,000 $425,000
Source: Public Records

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Map

Source: MetroList

MLS Number: 20001964

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