NOT LISTED FOR SALE

6412 4th St Riverbank, CA 95367

Downtown Riverbank Neighborhood

Estimated Value: $600,488 - $823,000

12 Beds
8 Baths
3,600 Sq Ft
$198/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $277,000 $77 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $4,149/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • Central Heating
  • No HOA

About This Home

As of June 2014

Great income opportunity! Long-term tenants. Each unit provides 3 bedrooms, 2 baths, spacious kitchens with huge walk-in pantries, Master bedroom suites. Downstairs units have yards; upstairs units have balconies. Each unit has 1-car garage. Roof replaced in 2013.

Last Agent to Sell the Property

Sherry Kupper

Century 21 Select Real Estate License #01271033 Listed on: 05/12/2014

Century 21 Select Real Estate

Co-Listed By

Sara Shipman

Sara Shipman, Real Estate License #01460944

Last Buyer's Agent

Sherry Kupper

Century 21 Select Real Estate License #01271033 Listed on: 05/12/2014

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,733

Year Built

  • Built in 1991

Lot Details

  • 9,583

Parking

  • 4 Car Garage
  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Additional Features

  • 9,583 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 132-016-025-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,733

Year Built

Built in 1991

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1991
  • Architectural Style: Contemporary
  • Stories: 2
  • Number of Three Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Oven,Free Standing Electric Range
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 299900.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available,Internet Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Riverbank Unified

Lot Info

  • Zoning Description: Apartments
  • Lot Size Acres: 0.2200
  • Lot Size Sq Ft: 9583

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 132-016-025-000
  • Current RE Taxes: 3733

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2014
Closed on
May 28, 2014
Sold by
Utley Modesta G
Bought by
The John & Tina Shatswell Family Trust
Seller's Agent
Sherry Kupper
Century 21 Select Real Estate
Buyer's Agent
Sherry Kupper
Century 21 Select Real Estate
List Price
$299,900
Sold Price
$277,000
Premium/Discount to List
-$22,900
-7.64%
Current Estimated Value
$711,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,744
Avg. Annual Appreciation
8.53%
Original Mortgage
$150,000
Outstanding Balance
$113,629
Interest Rate
4.17%
Mortgage Type
Commercial
Estimated Equity
$598,115

Purchase Details

Closed on
Sep 7, 2012
Sold by
Khan Rashid Ali and Khan Frah Naz
Bought by
Utley Modesta G

Purchase Details

Closed on
Oct 18, 2007
Sold by
Utley John M and Utley Modesta G
Bought by
Khan Rashid Ali and Khan Frah Naz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 5, 2007
Sold by
Utley John M and Utley Modesta G
Bought by
Utley John M and Utley Modesta G

Purchase Details

Closed on
Aug 25, 2003
Sold by
Utley John M and Utley Modesta G
Bought by
Utley John M and Utley Modesto G

Purchase Details

Closed on
Aug 19, 2003
Sold by
Utley John M and Utley Modesta G
Bought by
Utley John M and Utley Modesta G
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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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
The John & Tina Shatswell Family Trust $285,000 Chicago Title Company
Utley Modesta G $4,000 None Available
Khan Rashid Ali $475,000 Fidelity Natl Title Co Of Ca
Utley John M -- None Available
Utley John M -- --
Utley John M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The John & Tina Shatswell Family Trust $150,000
Previous Owner Khan Rashid Ali $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2014 06/26/14 Sold $277,000 -7.6% $77 / Sq Ft
05/16/2014 05/16/14 Pending -- -- --
05/10/2014 05/10/14 For Sale $299,900 -- $83 / 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 $5,168 $339,554 $36,771 $302,783
2024 $5,081 $332,897 $36,050 $296,847
2023 $4,696 $326,371 $35,344 $291,027
2022 $4,512 $319,972 $34,651 $285,321
2021 $4,506 $313,699 $33,972 $279,727
2020 $4,447 $310,483 $33,624 $276,859
2019 $4,371 $304,396 $32,965 $271,431
2018 $4,284 $298,428 $32,319 $266,109
2017 $4,365 $292,578 $31,686 $260,892
2016 $4,246 $286,842 $31,065 $255,777
2015 $4,210 $282,534 $30,599 $251,935
2014 $3,750 $238,577 $40,181 $198,396
Source: Public Records

Agents Affiliated with this Home

  • Sherry Kupper

    Seller's Agent in 2014

    Sherry Kupper

    Century 21 Select Real Estate

    (209) 614-3547

    86 Total Sales

    Sherry Kupper
    Section Image
  • Sara Shipman

    Seller Co-Listing Agent in 2014

    Sara Shipman

    Sara Shipman, Real Estate

    (209) 652-9819

    47 Total Sales

    Sara Shipman
    Section Image
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Map

Source: MetroList

MLS Number: 14028998

MetroList

APN: 132-16-25

California Stanislaus County Riverbank 95367 Downtown Riverbank

6412 4th St, Riverbank, CA

Not Listed for Sale

MultiFamily

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