Seller's Agent in 2023
Tim Spencer
PMZ Real Estate
(209) 345-1023
2 in this area
144 Total Sales
645 South Ave Turlock, CA 95380
Downtown Turlock NeighborhoodEstimated Value: $1,154,000 - $1,173,124
3
Beds
2
Baths
1,300
Sq Ft
$895/Sq Ft
Est. Value
Highlights
- 0.4 Acre Lot
- Central Heating and Cooling System
- Carpet
- No HOA
- High Speed Internet
- 1-Story Property
About This Home
As of August 2023Opportunity knocks with this rare 5-PLEX in Turlock, CA. This complex features FOUR 3 bedroom/2 bath, and ONE unit is 2 bedrooms/ 1 bath. The two newly renovated units can attract prime rents and are ready for new tenants! Freshly painted exterior and new low maintenance landscape makes this property highly desirable with potential income/returns on your investment! Please do not disturb current tenants. Call today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,076
Year Built
- Built in 1986
Lot Details
- 0.4 Acre Lot
Home Design
- Raised Foundation
- Stucco
Interior Spaces
- 1-Story Property
- Laundry in unit
Flooring
- Carpet
- Laminate
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 8 Parking Spaces
- Carport
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 050-030-042-000
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 5 Units
Building Details
- 2 Leased Units
- 3 Vacant Units
- 5 Units Leased Month-To-Month
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2022
Closed on
Nov 17, 2022
Sold by
1998 Smith Revocable Trust
Bought by
Banafsheha Family 2014 Trust
Seller's Agent
Tim Spencer
PMZ Real Estate
Buyer's Agent
Lisa Spencer
PMZ Real Estate
List Price
$789,950
Sold Price
$830,000
Premium/Discount to List
$40,050
5.07%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,562
Avg. Annual Appreciation
12.91%
Original Mortgage
$675,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 26, 2021
Sold by
Smith Mary Jewel
Bought by
1998 Smith Revocable Trust and Smith
Purchase Details
Closed on
Oct 22, 2008
Sold by
Smith Harry A and Smith Mary J
Bought by
Smith Harry A and Smith Mary J
Purchase Details
Closed on
Oct 1, 2004
Sold by
Andriopoulos Hristos and Andriopoulos Harikila
Bought by
Smith Harry A and Smith Mary J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.77%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 12, 2002
Sold by
Frank & Marie Silveira Revocable Trust
Bought by
Andriopoulos Hristos and Andriopoulos Harikila
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.69%
Purchase Details
Closed on
May 9, 2001
Sold by
Borges Fernando M and Borges Manuela P
Bought by
Silveira Frank and Silveira Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.06%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Banafsheha Family 2014 Trust | $830,000 | Chicago Title | |
| 1998 Smith Revocable Trust | -- | -- | |
| Smith Harry A | -- | None Available | |
| Smith Harry A | -- | None Available | |
| Smith Harry A | $675,000 | Chicago Title | |
| Andriopoulos Hristos | $480,000 | Fidelity National Title Co | |
| Silveira Frank | $325,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cornejo Medina Noe | $825,000 | |
| Closed | Banafsheha Family 2014 Trust | $675,000 | |
| Previous Owner | Smith Harry A | $150,000 | |
| Previous Owner | Andriopoulos Hristos | $288,000 | |
| Previous Owner | Silveira Frank | $200,000 | |
| Previous Owner | Silveira Frank | $75,000 | |
| Previous Owner | Silveira Frank | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2023 08/11/23 | Sold | $1,125,000 | +2.4% | $865 / Sq Ft |
| 07/06/2023 07/06/23 | Pending | -- | -- | -- |
| 07/05/2023 07/05/23 | For Sale | $1,099,000 | +32.4% | $845 / Sq Ft |
| 11/30/2022 11/30/22 | Sold | $830,000 | +5.1% | $160 / Sq Ft |
| 09/16/2022 09/16/22 | Pending | -- | -- | -- |
| 09/12/2022 09/12/22 | For Sale | $789,950 | -- | $152 / Sq Ft |
Source: MetroList
Tax History Compared to Growth
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 | $12,076 | $1,125,000 | $174,000 | $951,000 |
| 2023 | $9,076 | $830,000 | $125,000 | $705,000 |
| 2022 | $6,264 | $568,500 | $53,500 | $515,000 |
| 2021 | $6,295 | $568,500 | $53,500 | $515,000 |
| 2020 | $6,316 | $568,500 | $53,500 | $515,000 |
| 2019 | $6,334 | $568,500 | $53,500 | $515,000 |
| 2018 | $6,455 | $568,500 | $53,500 | $515,000 |
| 2017 | $5,849 | $517,000 | $48,500 | $468,500 |
| 2016 | $5,065 | $470,000 | $44,000 | $426,000 |
| 2015 | $4,260 | $392,500 | $44,000 | $348,500 |
| 2014 | $3,837 | $350,000 | $44,000 | $306,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Spencer
-
Lisa Spencer
Buyer's Agent in 2022
Lisa Spencer
PMZ Real Estate
(209) 345-0200
1 in this area
88 Total Sales
Map
Source: MetroList
MLS Number: 223062239
APN: 050-30-42
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