NOT LISTED FOR SALE

640 E Hawkeye Ave Turlock, CA 95380

Estimated Value: $855,000 - $1,173,371

8 Beds
8 Baths
3,200 Sq Ft
$317/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $600,000 $188 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,764/month

22 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of March 2016

Come see this beautiful 4 plex with each unit having 2 bedrooms and 2 full baths, central heat & Air and all units have newer appliances recently installed. Very well maintain property in good condition. All units rented. Total rents:$3,525/monthly. Hurry this property will not last long. Positive cash flow. Please do not disturb occupants Contact listing agent for more information. Seller is will to cooperate with 1031 exchange

Last Agent to Sell the Property

David Narsi

Powerhouse Realty License #01090336 Listed on: 11/24/2015

Last Buyer's Agent

Tabitha Alves

Century 21 Select Real Estate License #01872565

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.27

Parking

  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Tile Roof

Interior Spaces

  • 1-Story Property
  • Linoleum Flooring

Additional Features

  • 0.27 Acre Lot
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 042-015-009-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 3,550 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1985
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Microwave
  • Other Equipment: None
  • Flooring: Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 659000.00
  • Roof: Tile

Garage/Parking

  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: Mutifamily
  • Lot Size Acres: 0.2701
  • Lot Size Sq Ft: 11766

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 4

Multi Family

  • Income Includes: See Remarks
  • Number of Leased Units: 4
  • Number of Month to Month Units: 3550
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 042-015-009-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
Jose Areias
Bought by
Areias Jose
Current Estimated Value
$987,701

Purchase Details

Closed on
Apr 21, 2018
Sold by
Areias Jose A and Areias Rosemary
Bought by
Areias Jose A and Areias Rosemary

Purchase Details

Closed on
Dec 22, 2015
Sold by
Narsi David and Ochana Weda D
Bought by
Areias Jose A and Areias Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
8.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2005
Sold by
Narsi David
Bought by
Narsi David and Ochana Weda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,750
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2005
Sold by
Ochana Weda D
Bought by
Narsi David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,750
Interest Rate
6.07%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Areias Jose -- Law Office Of Goss & Goss
Areias Jose A -- None Listed On Document
Areias Jose A -- None Available
Areias Jose A $647,500 North American Title Co Inc
Narsi David -- --
Narsi David -- Alliance Title Company
Narsi David $582,500 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Areias Jose A $325,000
Previous Owner Narsi David $407,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2016 03/01/16 Sold $600,000 -9.0% $188 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
11/24/2015 11/24/15 For Sale $659,000 -- $206 / 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 $7,620 $710,270 $82,861 $627,409
2024 $7,479 $696,344 $81,237 $615,107
2023 $7,467 $682,692 $79,645 $603,047
2022 $7,373 $669,307 $78,084 $591,223
2021 $7,264 $656,184 $76,553 $579,631
2020 $7,214 $649,457 $75,769 $573,688
2019 $7,093 $636,724 $74,284 $562,440
2018 $7,087 $624,240 $72,828 $551,412
2017 $6,922 $612,000 $71,400 $540,600
2016 $4,054 $376,000 $62,500 $313,500
2015 $3,409 $314,000 $62,500 $251,500
2014 $3,071 $280,000 $62,500 $217,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David Narsi

    Powerhouse Realty

    Section Image
  • Tabitha Alves

    Buyer's Agent in 2016

    Tabitha Alves

    Century 21 Select Real Estate

    (209) 495-0212

    12 Total Sales

    Tabitha Alves
    Section Image
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Map

Source: MetroList

MLS Number: 15074525

MetroList

APN: 042-15-09

California Stanislaus County Turlock 95380

640 E Hawkeye Ave, Turlock, CA

Not Listed for Sale

MultiFamily

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