NOT LISTED FOR SALE

6609 3rd St Riverbank, CA 95367

Downtown Riverbank Neighborhood

Estimated Value: $247,745

0.21 Acre
$1,179,738 Price per Acre
9,148 Sq Ft Lot

Last Sold November 15, 2016

Last sale price $150,000

Est. 65% increase in value since last sale

Current estimated payment $1,846/month

75 Days on Market

About This Lot

As of November 2016

Commercial Building, two-story building previously was operated as a Hotel. Currently is vacant generating NO-Income. Great opportunity for entrepreneur investor for new construction development. Lot size is approx. 9,184 sq.ft. Building is approx. 6,588 sq.ft. Excellent location for new business development in the heart of all city activities and offices. The City has pre-approved a up-to 4-story building design; please call the Planning Department to confirm. Property offered AS-IS.

Last Agent to Sell the Property

Daniel Ortiz, Jr.

Central California Realty License #01800886 Listed on: 07/14/2016

Last Buyer's Agent

Duane Brazil

Commercial R.E. Investors, Inc License #01322091

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,317

Lot Details

  • 9,148 Sq Ft Lot
  • Possible uses of the property include Commercial,Residential,See Remarks
  • Property is zoned commercial-Motel, Commercial,Multi-Residential,See Remarks

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 132-011-019

Property Details

Property Type

Land

Est. Annual Taxes

$6,317

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Commercial Lot
  • Primary Residence: See Remarks
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: See Remarks

Exterior Features

  • Other Structures: See Remarks
  • Disclosures/Documents: See Remarks
  • Listing Price: 199000.00
  • Lot Features: Street Light(s),See Remarks
  • Road Frontage: See Remarks
  • Road Surface Type: Paved,See Remarks
  • Additional Living Units: No

Utilities

  • Sewer: See Remarks
  • Utilities: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Riverbank Unified

Lot Info

  • Zoning: commercial-Motel
  • Crops: See Remarks
  • Current Use: Commercial,See Remarks
  • Development Status: See Remarks
  • Zoning Description: Commercial,Multi-Residential,See Remarks
  • Irrigation: See Remarks
  • Lot Size Acres: 0.2100
  • Lot Size Sq Ft: 9148
  • Possible Use: Commercial,Residential,See Remarks

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 132-011-019
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2016
Closed on
Nov 2, 2016
Sold by
Cobra Investors Llc
Bought by
Chavez German and Atra Maria
Seller's Agent
Daniel Ortiz, Jr.
Central California Realty
Buyer's Agent
Duane Brazil
Commercial R.E. Investors, Inc
List Price
$199,000
Sold Price
$150,000
Premium/Discount to List
-$49,000
-24.62%
Current Estimated Value
$247,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,745
Avg. Annual Appreciation
5.72%

Purchase Details

Closed on
Jan 7, 2013
Sold by
3Rd & Stanislaus Llc
Bought by
Cobra Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,000
Interest Rate
3.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 2009
Sold by
Cobra Investors Llc
Bought by
3Rd & Stanislaus Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 2007
Sold by
Cci Investments Llc
Bought by
Cobra Investors Llc

Purchase Details

Closed on
Oct 24, 2005
Sold by
Riverbank Hotel Inc
Bought by
Cci Investments Llc and Ctc Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2005
Sold by
Tallone Andrew C and Tallone Pamela L
Bought by
Riverbank Hotel Inc

Purchase Details

Closed on
Apr 21, 2004
Sold by
Ward Mathew S and The Mathew S Ward Trust Of 199
Bought by
Tallone Andrew C and Tallone Pamela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2003
Sold by
Garner Donald E
Bought by
Ward Mathew S and Mathew S Ward Trust

Purchase Details

Closed on
May 19, 2003
Sold by
Whiteley Andy and Whiteley Margene
Bought by
Garner Donald E

Purchase Details

Closed on
Apr 23, 2003
Sold by
Arauza George and Arauza Norma
Bought by
Whiteley Andy and Whiteley Margene

Purchase Details

Closed on
Dec 27, 2002
Sold by
Thomas G Lee and Thomas Sandra S
Bought by
Arauza George and Arauza Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 21, 2002
Sold by
Thomas Patricia J and The Patricia J Thomas Trust
Bought by
Thomas Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.97%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Chavez German $150,000 Chicago Title Company
Cobra Investors Llc $175,000 Chicago Title Company
3Rd & Stanislaus Llc $1,100,000 Chicago Title Company
Cobra Investors Llc -- None Available
Cci Investments Llc $1,150,000 Fidelity National Title
Riverbank Hotel Inc -- --
Tallone Andrew C $915,000 Fidelity National Title
Ward Mathew S -- Fidelity National Title
Garner Donald E -- Fidelity National Title Co
Whiteley Andy $145,000 Fidelity National Title
Arauza George $400,000 First American Title Co
Thomas Patricia J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cobra Investors Llc $676,000
Previous Owner 3Rd & Stanislaus Llc $124,000
Previous Owner 3Rd & Stanislaus Llc $676,000
Previous Owner Cobra Investors Llc $50,000
Previous Owner Cobra Investors Llc $676,000
Previous Owner Cci Investments Llc $676,000
Previous Owner Tallone Andrew C $450,000
Previous Owner Arauza George $300,000
Closed Tallone Andrew C $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2016 11/15/16 Sold $150,000 -24.6% --
09/27/2016 09/27/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $199,000 -- --
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
2024 $6,317 $191,994 $51,199 $140,795
2023 $5,998 $188,231 $50,196 $138,035
2022 $5,797 $184,541 $49,212 $135,329
2021 $5,700 $180,924 $48,248 $132,676
2020 $5,577 $179,070 $47,754 $131,316
2019 $5,444 $175,560 $46,818 $128,742
2018 $5,090 $153,000 $45,900 $107,100
2017 $5,046 $150,000 $45,000 $105,000
2016 $8,271 $431,695 $88,418 $343,277
2015 $8,217 $425,211 $87,090 $338,121
2014 $8,228 $416,883 $85,385 $331,498
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Daniel Ortiz, Jr.

    Central California Realty

    (209) 605-1921

    5 Total Sales

    Daniel Ortiz, Jr.
    Section Image

  • D

    Buyer's Agent in 2016

    Duane Brazil

    Commercial R.E. Investors, Inc

    (209) 216-6338

    3 Total Sales

    Duane Brazil
    Section Image
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Map

Source: MetroList

MLS Number: 16045539

MetroList

APN: 132-11-19

California Stanislaus County Riverbank 95367 Downtown Riverbank

6609 3rd St, Riverbank, CA

This home is located at 6609 3rd St, Riverbank, CA 95367 since 14 July 2016 and is currently estimated at $247,745. 6609 3rd St is a home located in Stanislaus County with nearby schools including Mesa Verde Elementary School, Cardozo Middle, and Riverbank High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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