NOT LISTED FOR SALE

745 Lambert Way Turlock, CA 95380

Estimated Value: $733,000 - $766,910

8 Beds
4 Baths
3,360 Sq Ft
$224/Sq Ft Est. Value

Last Sold October 19, 2017

Last sale price $445,000 $132 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,627/month

14 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Central Heating and Cooling System
  • John H. Pitman High School Rated A-
  • Double Pane Windows
  • 1-Story Property

About This Home

As of October 2017

Great investment opportunity in Turlock! 4 units all leased at $750/month $36,000 gross rents. Central Heat and Air. Majority of units have been renovated. Close to FWY and schools. Take a look at video tour for campus drone view.

Last Listed By

Daniel Del Real

PMZ Real Estate License #01423976 Listed on: 09/18/2017

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,095

Year Built

  • Built in 1984

Lot Details

  • 9,026

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Carbon Monoxide Detectors
  • Free-Standing Gas Range

Additional Features

  • 9,026 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 061-040-002

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

Est. Annual Taxes

$5,095

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1984
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Lap Siding
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 449900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: SFR 1
  • Lot Size Acres: 0.2072
  • Lot Size Sq Ft: 9026

Rental Info

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

Multi Family

  • Gross Income: 36000
  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 061-040-002

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2024
Sold by
Flores Ricardo Lopez
Bought by
Aguilar Nieto Jose
Total Days on Market
14
Current Estimated Value
$754,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,000
Outstanding Balance
$381,401
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$372,902

Purchase Details

Closed on
Nov 23, 2022
Sold by
Hotta John Hisashi and Hotta Samantha Vianey
Bought by
John And Samantha Hotta Living Trust

Purchase Details

Closed on
Jun 6, 2019
Sold by
Hotta John Hisashi
Bought by
Hotta John Hisashi and Hott Samantha Vianey

Purchase Details

Closed on
Dec 14, 2018
Sold by
Hotta Samantha Hisasht
Bought by
Hotta John Hisashi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2017
Closed on
Nov 1, 2017
Sold by
Hotta John Hisashi
Bought by
Hotta John Hisashi and Hotta Samantha V
Seller's Agent
Daniel Del Real
PMZ Real Estate
Buyer's Agent
Daniel Del Real
PMZ Real Estate
List Price
$449,900
Sold Price
$445,000
Premium/Discount to List
-$4,900
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$180,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 18, 2017
Closed on
Oct 13, 2017
Sold by
Hotta Samantha Vianey
Bought by
Hotta John Hisashi
Seller's Agent
Daniel Del Real
PMZ Real Estate
Buyer's Agent
Daniel Del Real
PMZ Real Estate
List Price
$449,900
Sold Price
$445,000
Premium/Discount to List
-$4,900
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
May 13, 2016
Sold by
Hernandez Consulting Firm Inc
Bought by
Hernandez Ernest and Hernandez Kelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Listed on
May 7, 2015
Closed on
Jun 11, 2015
Sold by
Eisenhut John C and Eisenhut Cynthia K
Bought by
Hernandez Consulting Inc
Seller's Agent
Jane Johnsen
Century 21 Select Real Estate
Buyer's Agent
Daniel Del Real
PMZ Real Estate
List Price
$300,000
Sold Price
$250,000
Premium/Discount to List
-$50,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%
Original Mortgage
$156,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2012
Sold by
Long Dexter and Long Clarissa
Bought by
Eisenhut John C and Eisenhut Cynthia K

Purchase Details

Closed on
Jan 4, 2010
Sold by
Eisenhut John and Long Dexter
Bought by
Eisenhut John C and Eisenhut Cynthia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
4.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2009
Sold by
Long Clarissa
Bought by
Long Dexter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
4.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 2009
Sold by
Federal National Mortgage Association
Bought by
Long Dexter and Eisenhut John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
4.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 29, 2009
Sold by
Smith J D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 21, 2006
Sold by
Smith Jd
Bought by
Smith Charles B

Purchase Details

Closed on
Feb 24, 2005
Sold by
Searls Robert
Bought by
Smith J D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 12, 2000
Sold by
Smith J D
Bought by
Delhart B L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
7.67%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 1999
Sold by
Bankers Trust Company Of California Na
Bought by
Countrywide Home Loans In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,250
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Closed on
May 4, 1999
Sold by
Countrywide Home Loans Inc
Bought by
Searls Robert and Benny Lynn Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,250
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 30, 1998
Sold by
Riazi and Minoo
Bought by
Bankers Trust

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
Aguilar Nieto Jose -- First American Title
Aguilar Nieto Jose $736,000 First American Title
John And Samantha Hotta Living Trust -- --
Hotta John Hisashi -- None Available
Hotta John Hisashi -- First American Title
Hotta John Hisashi -- None Available
Hotta John Hisashi -- First American Title Company
Hotta John Hisashi $425,000 First American Title Company
Hernandez Ernest -- First American Title Company
Hernandez Consulting Inc $250,000 First American Title Company
Eisenhut John C $22,000 None Available
Eisenhut John C -- None Available
Long Dexter -- First American Title Company
Eisenhut John -- First American Title Company
Long Dexter $170,000 First American Title Company
Federal National Mortgage Association $138,709 Landsafe Title
Smith Charles B -- Fidelity National Title
Smith J D -- Fidelity National Title
Delhart B L -- First American Title Ins Co
Countrywide Home Loans In -- First American Title Co
Searls Robert $99,000 First American Title Ins Co
Bankers Trust $97,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilar Nieto Jose $386,000
Previous Owner Hotta John Hisashi $267,000
Previous Owner Hernandez Ernest $180,000
Previous Owner Hernandez Ernest $225,000
Previous Owner Hernandez Consulting Firm Inc $156,000
Previous Owner Long Dexter $127,500
Previous Owner Smith J D $200,000
Previous Owner Smith J D $137,500
Previous Owner Searls Robert $125,250
Previous Owner Riazi Khosrow $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2017 10/19/17 Sold $445,000 -1.1% $132 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $449,900 +80.0% $134 / Sq Ft
06/26/2015 06/26/15 Sold $250,000 -16.7% $74 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $300,000 -- $89 / 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 $5,095 $474,091 $50,197 $423,894
2023 $5,087 $464,796 $49,213 $415,583
2022 $5,023 $455,684 $48,249 $407,435
2021 $4,949 $446,750 $47,303 $399,447
2020 $4,915 $442,170 $46,818 $395,352
2019 $4,833 $433,500 $45,900 $387,600
2018 $4,828 $425,000 $45,000 $380,000
2017 $3,581 $316,200 $36,720 $279,480
2016 $2,740 $253,812 $50,762 $203,050
2015 $1,907 $175,311 $39,165 $136,146
2014 $1,888 $171,878 $38,398 $133,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17060045

MetroList

APN: 061-40-02