NOT LISTED FOR SALE

Estimated Value: $561,000 - $641,461

4 Beds
4 Baths
2,364 Sq Ft
$253/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $445,000 $188 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,583/month

4 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-Story Property
  • Cottage
  • Central Heating and Cooling System
  • 4-minute walk to Crane Park

About This Home

As of February 2020

Wonderful location! Unique opportunity to own a Fourplex on Sierra Drive. Each unit is 1 bedroom 1 bath, approx 591 sf. Adobe construction. Front porch charm. Fully rented. 2 single story buildings (2 units in each building) with a common grass area in between. Close to schools and downtown.

Last Agent to Sell the Property

Nancy Pedersen

Century 21 Select Real Estate License #01349512 Listed on: 01/08/2020

Century 21 Select Real Estate

Last Buyer's Agent

Nancy Pedersen

Century 21 Select Real Estate License #01349512 Listed on: 01/08/2020

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,265

Year Built

  • Built in 1941

Lot Details

  • 8,276

Home Design

  • Quadruplex
  • Cottage
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Parking

  • 2 Open Parking Spaces
  • 1 Covered Space

Additional Features

  • 8,276 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 042-031-020-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Insurance Expense $1,589

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,265

Year Built

Built in 1941

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1941
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range,Free Standing Refrigerator,Varies By Unit
  • Other Equipment: None
  • Flooring: Carpet,Varies by Unit,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Adobe,See Remarks
  • Disclosures/Documents: Rental/Lease Agmts,Seller Property Questionnaire
  • Listing Price: 435000.00
  • Patio And Porch Features: Varies by Unit
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Covered Parking Spaces: 1
  • Parking Features: Varies by Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Cooling: Central
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: RL
  • Lot Size Acres: 0.1900
  • Lot Size Sq Ft: 8276

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 1589
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 042-031-020-000
  • Current RE Taxes: 2265
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Jan 28, 2020
Sold by
Cole Linda Lee
Bought by
Whereabouts Llc
Seller's Agent
Nancy Pedersen
Century 21 Select Real Estate
Buyer's Agent
Nancy Pedersen
Century 21 Select Real Estate
List Price
$435,000
Sold Price
$445,000
Premium/Discount to List
$10,000
2.3%
Current Estimated Value
$598,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,487
Avg. Annual Appreciation
5.00%

Purchase Details

Closed on
Jul 10, 2012
Sold by
Mattox Mary A and Cole Linda Lee
Bought by
Cole Linda Lee

Purchase Details

Closed on
May 16, 2012
Sold by
Estrada Louie
Bought by
Mattox Mary A and Cole Linda Lee

Purchase Details

Closed on
Feb 28, 2008
Sold by
Estrada Produce
Bought by
Estrada Louie

Purchase Details

Closed on
Jun 20, 2005
Sold by
Mattox Clarence R and Mattox Mary A
Bought by
Estrada Produce

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
5.65%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Whereabouts Llc $445,000 Stewart Title Of Ca Inc
Cole Linda Lee -- None Available
Mattox Mary A -- Stewart Title Of Modesto
Estrada Louie -- None Available
Estrada Produce $488,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estrada Produce $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $445,000 +2.3% $188 / Sq Ft
01/12/2020 01/12/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $435,000 -- $184 / 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 $5,225 $486,666 $92,956 $393,710
2024 $5,128 $477,125 $91,134 $385,991
2023 $5,120 $467,771 $89,348 $378,423
2022 $5,055 $458,600 $87,597 $371,003
2021 $4,981 $449,609 $85,880 $363,729
2020 $2,304 $206,723 $45,936 $160,787
2019 $2,265 $202,671 $45,036 $157,635
2018 $2,263 $198,698 $44,153 $154,545
2017 $2,211 $194,803 $43,288 $151,515
2016 $2,065 $190,985 $42,440 $148,545
2015 $2,045 $188,117 $41,803 $146,314
2014 $2,025 $184,433 $40,985 $143,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20000607

MetroList

APN: 042-31-20

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