NOT LISTED FOR SALE

650 Ward Ave Patterson, CA 95363

Estimated Value: $698,285 - $784,000

8 Beds
4 Baths
2,800 Sq Ft
$265/Sq Ft Est. Value

Last Sold March 17, 2020

Last sale price $520,000 $186 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,421/month

17 Days on Market

Highlights

  • City View
  • Double Pane Windows
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

As of March 2020

Great investment opportunity! Easy to rent. Good location within walking distance to schools and shopping.

Last Agent to Sell the Property

George Reichmuth

Greg Nunes Realty License #01256572 Listed on: 01/07/2020

Last Buyer's Agent

Patricia Sun

Powerhouse Realty License #01124143

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.26 Acre Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • City Views

Parking

  • 8 Parking Spaces
  • 1 Parking Space Included
  • 4 Covered Spaces

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Security Deposit $2,850
  • Tenant pays for cable tv electricity sewer trash collection water see remarks
  • Assessor Parcel Number 047-020-025-000

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

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: Free Standing Electric Oven,Free Standing Electric Range,Gas Water Heater
  • Other Equipment: Low-Flow Toilet(s),Varies by Unit
  • Flooring: Carpet,Laminate,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Ceiling Insulation,Frame,Stucco,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts,Seller Property Questionnaire,Transfer Disclosure Statement
  • Foundation: Slab
  • Listing Price: 585000.00
  • Roof: Composition
  • View Description: City

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 4
  • Parking Features: Carport,1 Space Per Unit
  • Total Parking Spaces: 8

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Patterson Joint

Lot Info

  • Zoning Description: Residential
  • Lot Size Acres: 0.2575
  • Lot Size Sq Ft: 11217

Rental Info

  • Tenant Pays: Cable TV,Electricity,Sewer,Trash Collection,Water,See Remarks
  • Total Deposit: 2850
  • Total # Leasable: 4

Multi Family

  • Income Includes: Coin Operated Equipment,Laundry
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 047-020-025-000
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2024
Sold by
Louie Janet Huixian Wu and Louie Chacktong
Bought by
Louie Family Trust and Louie
Current Estimated Value
$741,143

Purchase Details

Listed on
Jan 7, 2020
Closed on
Mar 5, 2020
Sold by
Reichmuth David R and Reichmuth Cynthia J
Bought by
Louie Chacktong and Louie Janet Huixian
Seller's Agent
George Reichmuth
Greg Nunes Realty
Buyer's Agent
Patricia Sun
Powerhouse Realty
List Price
$585,000
Sold Price
$520,000
Premium/Discount to List
-$65,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$389,074
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2013
Sold by
Reichmuth George
Bought by
Reichmuth David R and Reichmuth Cynthia J

Purchase Details

Closed on
Nov 23, 1999
Sold by
Donovan Mary F
Bought by
Reichmuth George
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
Louie Family Trust -- None Listed On Document
Louie Chacktong $520,000 Old Republic Title Company
Reichmuth David R -- None Available
Reichmuth George $162,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Louie Chacktong $389,074
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2020 03/17/20 Sold $520,000 -11.1% $186 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $585,000 -- $209 / 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 $6,601 $568,692 $109,363 $459,329
2024 $6,582 $557,542 $107,219 $450,323
2023 $6,434 $546,611 $105,117 $441,494
2022 $6,064 $535,894 $103,056 $432,838
2021 $6,015 $525,387 $101,036 $424,351
2020 $2,659 $227,655 $56,205 $171,450
2019 $2,618 $223,192 $55,103 $168,089
2018 $2,493 $218,817 $54,023 $164,794
2017 $2,441 $214,527 $52,964 $161,563
2016 $2,376 $210,322 $51,926 $158,396
2015 $2,340 $207,164 $51,147 $156,017
2014 $2,287 $203,107 $50,146 $152,961
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    George Reichmuth

    Greg Nunes Realty

    Section Image
  • Patricia Sun

    Buyer's Agent in 2020

    Patricia Sun

    Powerhouse Realty

    (209) 895-0075

    3 Total Sales

    Patricia Sun
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 20000953

MetroList

APN: 047-20-25

California Stanislaus County Patterson 95363

650 Ward Ave, Patterson, CA

Not Listed for Sale

MultiFamily

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