NOT LISTED FOR SALE

Estimated Value: $317,000 - $444,288

9 Beds
5 Baths
3,616 Sq Ft
$105/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $189,000 $52 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,623/month

57 Days on Market

About This Home

As of November 2013

GREAT INVESTMENT PROPERTY. 4 UNITS FENCE & GATED, HARD TO FIND W/ THIS INCOME & AT THIS PRICE.

Last Agent to Sell the Property

Victor Barraza

PMZ Real Estate License #01044484 Listed on: 07/19/2013

PMZ Real Estate

Last Buyer's Agent

Joy Mamaril

Intero Real Estate Services License #01331640

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,724

Year Built

  • Built in 1967

Lot Details

  • 7,082 Sq Ft Lot
  • Lot Dimensions: 7100

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 037-044-090-000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,724

Year Built

Built in 1967

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1967
  • Architectural Style: Ranch
  • Stories: 2
  • Number of Two Bedroom Units: 3
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range
  • Flooring: Carpet,Tile

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 189900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street,1 Space Per Unit

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Available
  • Cooling: See Remarks
  • Heating: See Remarks

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association Fee: 400
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1626
  • Lot Dimensions: 7100
  • Lot Size Sq Ft: 7082

Rental Info

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

Multi Family

  • Gross Income: 33300
  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 2
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 037-044-090-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2013
Closed on
Nov 21, 2013
Sold by
Bh Capital Investments Llc
Bought by
Singh Jagtar and Gill Manpreet
Seller's Agent
Victor Barraza
PMZ Real Estate
Buyer's Agent
Joy Mamaril
Intero Real Estate Services
List Price
$189,900
Sold Price
$189,000
Premium/Discount to List
-$900
-0.47%
Current Estimated Value
$380,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,644
Avg. Annual Appreciation
6.05%
Original Mortgage
$142,500
Outstanding Balance
$106,269
Interest Rate
4.23%
Mortgage Type
Commercial
Estimated Equity
$274,375

Purchase Details

Closed on
Jun 1, 2012
Sold by
Hebert Glen
Bought by
Bh Capital Investments Llc

Purchase Details

Closed on
Sep 20, 2011
Sold by
Wells Fargo Bank Na
Bought by
Hebert Glen F and Hebert Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,100
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2011
Sold by
Klein Daniel B
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 23, 2005
Sold by
Sutter Village Of Modesto Llc
Bought by
Klein Daniel B and Klein Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,900
Interest Rate
5.68%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 19, 2005
Sold by
Modesto Sutter Village Associates
Bought by
Sutter Village Of Modesto Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Interest Rate
5.68%
Mortgage Type
Commercial
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
Singh Jagtar $190,000 North American Title Co Inc
Bh Capital Investments Llc -- None Available
Hebert Glen F -- None Available
Blandon Eduardo A $40,000 None Available
Hebert Glen F $123,000 Ticor Title Company Of Ca
Wells Fargo Bank Na $188,705 Servicelink
Klein Daniel B $617,500 Chicago Title
Sutter Village Of Modesto Llc $5,250,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Jagtar $142,500
Previous Owner Hebert Glen F $86,100
Previous Owner Klein Daniel B $469,900
Previous Owner Sutter Village Of Modesto Llc $3,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2013 11/27/13 Sold $189,000 -0.5% $52 / Sq Ft
09/14/2013 09/14/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $189,900 -- $53 / 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
2025 $2,724 $232,903 $30,641 $202,262
2024 $2,602 $228,338 $30,041 $198,297
2023 $2,563 $223,861 $29,452 $194,409
2022 $2,501 $219,473 $28,875 $190,598
2021 $2,353 $215,170 $28,309 $186,861
2020 $2,399 $212,964 $28,019 $184,945
2019 $2,343 $208,789 $27,470 $181,319
2018 $2,231 $204,696 $26,932 $177,764
2017 $2,178 $200,683 $26,404 $174,279
2016 $2,136 $196,749 $25,887 $170,862
2015 $2,107 $193,795 $25,499 $168,296
2014 $2,074 $190,000 $25,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13041844

MetroList

APN: 037-44-90