NOT LISTED FOR SALE

Estimated Value: $702,102 - $715,000

9 Beds
1 Bath
4 Sq Ft
$177,138/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $665,000 $166,250 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,529/month

30 Days on Market

Highlights

  • 0.39 Acre Lot
  • Central Heating and Cooling System
  • 1-Story Property
  • Laundry Room

About This Home

As of October 2023

4 units! Turn key opportunity to grow your portfolio or start purchasing your investments. You can live in the house and rental all 3 units to help with your mortgage. Easy Fwy 99 access and very close to downtown Turlock.

Last Agent to Sell the Property

Gustavo Perez

Re/max Executive License #01431315 Listed on: 07/11/2023

Re/max Executive

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,011

Year Built

  • Built in 1946

Lot Details

  • 0.39 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 9 Bedrooms
  • 4 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 050030004000
  • Tax Block J
  • $571 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $150
  • Operating Expense $200
  • Gross Income $5,000
  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,011

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Price Per Unit: 182500
  • Property Attached: No
  • Water Sewer Expenses: 150.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 050030004000
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Street
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 16800.00
  • Lot Size Acres: 0.3857

Multi Family

  • Gross Income: 5000.00
  • Gross Scheduled Income: 60000.00
  • Lot Size Area: 16800.0000 Square Feet
  • Net Operating Income: 50000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 150.00
  • Rent Control: No
  • Total Expenses: 200.00

Tax Info

  • Tax Block: J
  • Tax Census Tract: 38.02
  • TaxOtherAnnualAssessmentAmount: 571.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Oct 12, 2023
Sold by
Dhaul Kamaljit S and Sandhu Sikander
Bought by
Lightstar Investments Llc
Seller's Agent
Gustavo Perez
Re/max Executive
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$740,000
Sold Price
$665,000
Premium/Discount to List
-$75,000
-10.14%
Views
127
Current Estimated Value
$708,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,551
Avg. Annual Appreciation
2.13%
Original Mortgage
$229,745
Outstanding Balance
$226,302
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$465,336

Purchase Details

Listed on
Oct 7, 2020
Closed on
Jan 12, 2021
Sold by
Thompson Dennis
Bought by
Dhaul Kamaljit S and Sandhu Sikander
Seller's Agent
Jami McMullen
PMZ Real Estate
Buyer's Agent
Alicia Lopez
HomeSmart PV & Associates
List Price
$549,900
Sold Price
$549,000
Premium/Discount to List
-$900
-0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$411,750
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2013
Sold by
Thompson Brenda
Bought by
Thompson Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 1994
Sold by
Weeks Jim D and Weeks Marlene K
Bought by
Weeks Jim Dean and Weeks Marlene K
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
Lightstar Investments Llc $665,000 Old Republic Title
Dhaul Kamaljit S $549,000 Stewart Title Of Ca Inc
Dhaula Kamaljit S -- Stewart Title Of Ca Inc
Thompson Dennis -- Stewart Title Of California
Weeks Jim Dean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lightstar Investments Llc $229,745
Previous Owner Dhaul Kamaljit S $411,750
Previous Owner Thompson Dennis $175,000
Previous Owner Thompson Dennis $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $665,000 -8.9% $166,250 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
08/07/2023 08/07/23 Price Changed $730,000 -1.4% $182,500 / Sq Ft
07/11/2023 07/11/23 For Sale $740,000 +34.8% $185,000 / Sq Ft
01/15/2021 01/15/21 Sold $549,000 -0.2% $169 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $549,900 -- $169 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,011 $746,000 $185,000 $561,000
2023 $6,249 $571,179 $98,838 $472,341
2022 $6,171 $559,980 $96,900 $463,080
2021 $3,379 $304,690 $76,479 $228,211
2020 $3,356 $301,566 $75,695 $225,871
2019 $3,299 $295,654 $74,211 $221,443
2018 $3,297 $289,857 $72,756 $217,101
2017 $3,220 $284,175 $71,330 $212,845
2016 $3,007 $278,604 $69,932 $208,672
2015 $2,738 $252,000 $44,000 $208,000
2014 $2,469 $225,000 $44,000 $181,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC23124510

California Regional Multiple Listing Service (CRMLS)

APN: 050-30-04