NOT LISTED FOR SALE

6609 3rd St Riverbank, CA 95367

Downtown Riverbank Neighborhood

Estimated Value: $249,357

0.21 Acres
$1,187,414 Price per Acre
9,148 Sq Ft Lot

Sale Details

Date Sold: November 15, 2016

Last sale price $150,000 $0 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,878 / mo

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

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

Lot Details

9,148 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2016
Closed on
Nov 2, 2016
Sold by
Bought by
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
$249,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,357
Avg. Annual Appreciation
5.41%

Purchase Details

Closed on
Jan 7, 2013
Sold by
Bought by

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
Bought by

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
4.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 2005
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Apr 21, 2004
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
May 19, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 23, 2003
Sold by
Bought by

Purchase Details

Closed on
Dec 27, 2002
Sold by
Bought by

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
Bought by

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:

--
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$150,000 Chicago Title Company
$175,000 Chicago Title Company
$1,100,000 Chicago Title Company
-- None Available
$1,150,000 Fidelity National Title
-- --
$915,000 Fidelity National Title
-- Fidelity National Title
-- Fidelity National Title Co
$145,000 Fidelity National Title
$400,000 First American Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $676,000
Previous Owner $676,000
Previous Owner $676,000
Previous Owner $450,000
Previous Owner $300,000
Closed $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,471 $195,832 $52,222 $143,610
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

    4 Total Sales

    Daniel Ortiz, Jr.
    Section Image
  • Duane Brazil

    Buyer's Agent in 2016

    Duane Brazil

    Commercial R.E. Investors, Inc

    (209) 845-3836

    8 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

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