NOT LISTED FOR SALE
8 Beds
4 Baths
2,400 Sq Ft
0.39 Acres

Last Sold July 09, 2021

Last sale price $775,000 $323 Per Sq Ft

15 Days on Market

Highlights

  • 0.39 Acre Lot
  • 1 Car Attached Garage
  • 1-Story Property
  • No HOA

About This Home

As of July 2021

Well maintained 6 unit complex in the heart of Riverbank. All long term tenants. Well maintained apartments. Each unit is 2BR/1BA and has an attached 1 car garage plus two designated parking spaces, uncovered. All units have separate bills and are metered separately for water/sewer/garbage. Currently the landlords pay this.

Last Agent to Sell the Property

Susan Shetron

HomeSmart PV & Associates License #00971030 Listed on: 06/10/2021

HomeSmart PV & Associates

Last Buyer's Agent

Kris Klair

EXIT Realty Consultants License #01424183

EXIT Realty Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.39 Acre Lot

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • 1 Carport Space

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Carbon Monoxide Detectors
  • Laundry in unit

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 132-015-038-000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Units Leased Month-To-Month
  • Insurance Expense $4,805
  • Maintenance Expense $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 1
  • Year Built: 1978
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Two Bedroom Units: 6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Flooring: Varies by Unit
  • Price Per Square Foot: 210.83
  • Window Features: Varies by Unit

Exterior Features

  • Construction Materials: Frame
  • Foundation: Slab
  • Listing Price: 799900.00
  • Lot Features: Shape Regular
  • Property Condition: Varies by Unit
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Carport Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Attached, Garage, Uncovered
  • Total Parking Spaces: 3

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected
  • Cooling: Window Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit
  • Water Source: Meter on Site, Public
  • Utilities Expenses: 7200
  • Separate Meters: Electricity,Gas,Water

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Riverbank Unified

Lot Info

  • Zoning Description: Multi family
  • Irrigation: None
  • Lot Size Acres: 0.3903
  • Lot Size Sq Ft: 17001

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: Month To Month
  • Owner Occupied Units: 6
  • Total # Leasable: 6

Multi Family

  • Gross Income: 57600
  • Income Includes: Rent Only
  • Insurance Expense: 4805
  • Maintenance Expense: 1200
  • Number of Leased Units: 6
  • Number of Month to Month Units: 6
  • Number of Units: 6
  • Two Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 6
  • Two Bedroom Rent Range: 800

Tax Info

  • Assessor Parcel Number: 132-015-038-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $775,000 -3.1% $323 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $799,900 -- $333 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221066190

MetroList

APN: 132-015-038