NOT LISTED FOR SALE

Estimated Value: $606,000 - $772,000

8 Beds
4 Baths
2,800 Sq Ft
$245/Sq Ft Est. Value

Last Sold April 06, 2015

Last sale price $274,000 $98 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $4,021/month

106 Days on Market

About This Home

As of April 2015

Great Investment Opportunity!! Four-Plex 2 bedroom 1 bath units with parking on site. Close to Freeway, and well maintained. Coin Operated Laundry area available for tenants. Great Potential, don't let this opportunity pass you up.

Last Agent to Sell the Property

Walid Ali

Homelink Real Estate License #01929084 Listed on: 12/21/2014

Last Buyer's Agent

Ivan Caballero

1st Class Realty Co. License #01763994

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Washer and Dryer

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 104-025-011-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1969
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Transfer Disclosure Statement,See Remarks
  • Listing Price: 279000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Cooling: Window Unit(s),See Remarks
  • Heating: Wall Furnace,See Remarks
  • Laundry Features: Washer/Dryer

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Multi Family
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 1

Multi Family

  • Income Includes: Laundry
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 104-025-011-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2019
Sold by
Topete Richard A and Topete Priscilla M
Bought by
Silva Macario A
Current Estimated Value
$686,352

Purchase Details

Closed on
Oct 2, 2018
Sold by
Andalon Lisa M
Bought by
Andalon Lisa M

Purchase Details

Closed on
Sep 18, 2018
Sold by
Topete Richard A and Topete Richard
Bought by
Topete Richard A and Topete Priscilla M

Purchase Details

Listed on
Dec 21, 2014
Closed on
Mar 11, 2015
Sold by
Ali Properties Llc
Bought by
Topete Richard and Andalon Lisa
Seller's Agent
Walid Ali
Homelink Real Estate
Buyer's Agent
Ivan Caballero
1st Class Realty Co.
List Price
$269,000
Sold Price
$274,000
Premium/Discount to List
$5,000
1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$205,500
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 2014
Sold by
Torres Victor M and Torres Vanessa Judith L
Bought by
Ali Properties Llc

Purchase Details

Closed on
Oct 5, 2006
Sold by
Torres Victor and Torres Vanessa Judith L
Bought by
Torres Victor M and Torres Vanessa Judith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 20, 2003
Sold by
Mendoza Norma
Bought by
Torres Victor and Torres Vannessa Judith L

Purchase Details

Closed on
Nov 15, 2001
Sold by
Perez Miguel
Bought by
Mendoza Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
9.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2001
Sold by
Perez Teresa
Bought by
Perez Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
9.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Silva Macario A $450,000 Chicago Title Company
Andalon Lisa M -- None Available
Topete Richard A -- None Available
Topete Richard $274,000 First American Title Ins Co
Ali Properties Llc -- First American Title Co
Torres Victor M -- Alliance Title Company
Torres Victor -- --
Mendoza Norma -- --
Perez Miguel -- Alliance Title Company
Perez Miguel $180,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Topete Richard $205,500
Previous Owner Torres Victor M $348,000
Previous Owner Perez Miguel $144,000
Closed Perez Miguel $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2015 04/06/15 Sold $274,000 +1.9% $98 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
12/21/2014 12/21/14 For Sale $269,000 -- $96 / Sq Ft
Source: MetroList

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 $5,870 $501,978 $50,196 $451,782
2024 $5,607 $492,136 $49,212 $442,924
2023 $5,525 $482,488 $48,248 $434,240
2022 $5,391 $473,028 $47,302 $425,726
2021 $5,070 $463,754 $46,375 $417,379
2020 $5,170 $459,000 $45,900 $413,100
2019 $3,313 $295,202 $39,862 $255,340
2018 $3,154 $289,415 $39,081 $250,334
2017 $3,079 $283,741 $38,315 $245,426
2016 $3,020 $278,178 $37,564 $240,614
2015 $2,653 $244,000 $37,000 $207,000
2014 $2,293 $210,000 $37,500 $172,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14075896

MetroList

APN: 104-25-11

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