$749,000
SOLD MAY 1, 2025
9 Beds
5 Baths
3,625 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$207 Per Sq Ft

17 Days on Market

Highlights

  • Balcony
  • Tile Flooring
  • Coin Laundry
  • Laundry closet
  • Landscaped
  • High Speed Internet

About This Home

As of May 2025

Great opportunity in this hard-to-find fourplex. This building offers one unit with 3 bedrooms and 1.5 bathrooms, and three additional units with 2 bedrooms and 1 bathroom. All units are occupied with long term tenants. This investment is generating approximately 80k in gross income. Property also features a laundry room with coin operated machines bringing in additional revenue.

Last Agent to Sell the Property

Edward Neesan

HomeSmart PV & Associates License #01300145 Listed on: 04/05/2025

HomeSmart PV & Associates

Last Buyer's Agent

Remy Fortier

eXp Realty of California License #01804315

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 7,000 Sq Ft Lot
  • Landscaped
  • Sprinklers on Timer

HOA Fees

  • $580 Monthly HOA Fees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,625 Sq Ft Home
  • 2-Story Property
  • Laundry closet

Flooring

  • Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Separate Meters
  • Natural Gas Connected
  • Separate Water Meter
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 037-044-092-000

Community Details

Overview

  • Association fees include common areas, trash, ground maintenance
  • 4 Units
  • Sutter Glen Recreation Association, Phone Number (209) 544-3422
  • Mandatory home owners association

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Year Built: 1967
  • Levels: Two
  • Stories: 2
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Number Of3 Bedrooms Occupied: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Vinyl
  • Price Per Square Foot: 206.62
  • Square Footage: 3625.00

Exterior Features

  • Construction Materials: Brick, Stucco, Frame, Wood Siding
  • Foundation: Slab, Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 749000.00
  • Lot Features: Auto Sprinkler F&R, Curbs/Gutters, Landscape Front
  • New Construction: No
  • Patio And Porch Features: Balcony/Deck
  • Pool: No
  • Property Condition: Varies by Unit
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Open Parking Spaces: 4.00
  • Parking Features: Uncovered
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, Electric, Internet Available
  • Cooling: Wall Unit(s), Varies by Unit
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, Washer/Dryer Owned, Laundry Closet
  • Water Source: Public
  • Separate Meters: Electricity, Gas, Water

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association Fee: 580
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Areas, Trash, Maintenance Grounds
  • Association Name: Sutter Glen Recreation Association
  • Association Phone: (209) 544-3422
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Mandatory Association: Yes

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning: Multi-plex
  • Irrigation: Public District
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Deposit: 5400.00
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Section8: 1
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Two Bedroom Annual Occupancy: 100
  • Three Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1395-1856
  • Three Bedroom Rent Range: 1800

Tax Info

  • Assessor Parcel Number: 037-044-092-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2020
Sold by
Cimoli Steven J and Cimoli Debra K
Bought by
Cimoli Steven J and Cimoli Debra K
Current Estimated Value
$730,409

Purchase Details

Closed on
Sep 28, 2009
Sold by
Wachovia Mortgage Bank Fsb
Bought by
Cimoli Steven J and Cimoli Debra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,750
Interest Rate
4.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2009
Sold by
Gurdian Johanna
Bought by
Wachovia Mortgage Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,750
Interest Rate
4.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2006
Sold by
Castagner Enterprises Llc
Bought by
Gurdian Johanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
6.32%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 11, 2006
Sold by
Castagner Claude
Bought by
Castagner Enterprises Llc

Purchase Details

Closed on
Mar 6, 2006
Sold by
Sutter Village Of Modesto
Bought by
Castagner Claude

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
7.12%
Mortgage Type
Commercial

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $201,000 Fidelity National Title Co
Trustee Deed $107,445 Accommodation
Grant Deed $625,000 Chicago Title Co
Grant Deed -- Chicago Title Co
Grant Deed $625,000 Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $5,250,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,750 Commercial
Previous Owner $437,500 Negative Amortization
Previous Owner $437,500 Commercial
Previous Owner $3,300,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Sold $749,000 0.0% $207 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
04/05/2025 04/05/25 For Sale $749,000 -- $207 / 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 $3,034 $259,441 $25,809 $233,632
2024 $2,898 $254,354 $25,303 $229,051
2023 $2,855 $249,367 $24,807 $224,560
2022 $2,786 $244,478 $24,321 $220,157
2021 $2,621 $239,686 $23,845 $215,841
2020 $2,672 $237,229 $23,601 $213,628
2019 $2,610 $232,579 $23,139 $209,440
2018 $2,485 $228,020 $22,686 $205,334
2017 $2,426 $223,550 $22,242 $201,308
2016 $2,379 $219,167 $21,806 $197,361
2015 $2,347 $215,876 $21,479 $194,397
2014 $2,311 $211,649 $21,059 $190,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 225041900

MetroList

APN: 037-44-92