NOT LISTED FOR SALE

Estimated Value: $595,000 - $762,000

4 Beds
4 Baths
3,144 Sq Ft
$212/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $370,000 $118 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,903/month

201 Days on Market

About This Home

As of April 2017

Two-story, 4-unit apartment complex located in historic downtown Turlock on E. Main Street - conveniently located to downtown businesses, shopping, and restaurants. Each unit is approximately 786 sf, 1 bedroom/1 bath, includes stove & refrigerator. Each unit has washer/dryer hookups and window A/C unit. Complex is fully rented - all are month-to-month agreements.

Last Agent to Sell the Property

Marcus Theis

Theis Realty Group Inc. License #01404681 Listed on: 08/25/2016

Co-Listed By

Matt Theis

Theis Realty Group Inc. License #01978512

Last Buyer's Agent

John Lazar

Century 21 Select Real Estate License #00910830

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,526

Year Built

  • Built in 1922

Lot Details

  • 7,649 Sq Ft Lot
  • Lot Dimensions: 50

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 1 Parking Space Included

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 061-031-026-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,526

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1922
  • Stories: 2
  • Number of One Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range,Free Standing Refrigerator
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Lap Siding,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Listing Price: 424900.00
  • Roof: Flat

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: 1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Window Unit(s),Varies by Unit
  • Heating: Floor Furnace,Varies by Unit

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: DCT
  • Lot Size Acres: 0.1756
  • Lot Dimensions: 50 x 153
  • Lot Size Sq Ft: 7649

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 4

Multi Family

  • Gross Income: 31440
  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 061-031-026-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2016
Closed on
Apr 24, 2017
Sold by
Miranda Greg G
Bought by
Nasif Michael P and Kaldani Nasif Monica
Seller's Agent
Marcus Theis
Theis Realty Group Inc.
Buyer's Agent
John Lazar
Century 21 Select Real Estate
List Price
$449,900
Sold Price
$370,000
Premium/Discount to List
-$79,900
-17.76%
Current Estimated Value
$665,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,017
Avg. Annual Appreciation
7.67%
Original Mortgage
$277,500
Interest Rate
4.3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Nasif Michael P $370,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nasif Michael P $277,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $370,000 -17.8% $118 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
08/25/2016 08/25/16 For Sale $449,900 -- $143 / 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
2024 $4,526 $420,991 $91,023 $329,968
2023 $4,519 $412,738 $89,239 $323,499
2022 $4,462 $404,646 $87,490 $317,156
2021 $4,396 $396,713 $85,775 $310,938
2020 $4,366 $392,646 $84,896 $307,750
2019 $4,293 $384,948 $83,232 $301,716
2018 $4,289 $377,400 $81,600 $295,800
2017 $1,356 $119,148 $54,030 $65,118
2016 $1,267 $116,813 $52,971 $63,842
2015 $1,254 $115,060 $52,176 $62,884
2014 $1,242 $112,807 $51,154 $61,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16056833

MetroList

APN: 061-31-26