NOT LISTED FOR SALE

Estimated Value: $557,000 - $626,000

4 Beds
4 Baths
1,920 Sq Ft
$310/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $433,000 $226 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,724/month

35 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Covered patio or porch

About This Home

As of March 2020

GREAT OPPORTUNITY HERE! LIVE IN ONE SIDE AND RENT THE OTHER IN THIS NICE DUPLEX. ROOMY 1-CAR GARAGE ON MEDFORD SIDE AND 2-CAR GARAGE ON WHITEMARSH. MEDFORD UNIT HAS JUST BEEN FRESHLY PAINTED. GREAT LOCATION CLOSE TO SHOPPING, SCHOOLS & FREEWAY.New GRANITE COUNTERS,DOUBLE SINK,NEW DISHWASHER,AND REAR FENCE ON MEDFORD SIDE

Last Agent to Sell the Property

Ron Dale

PMZ Real Estate License #01765985 Listed on: 01/23/2020

PMZ Real Estate

Co-Listed By

Kimberly Dale

PMZ Real Estate License #01715811

Last Buyer's Agent

Steven Parks

Beverly and Company, Inc. License #01910904

Beverly and Company, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,139

Year Built

  • Built in 1979

Lot Details

  • 6,800

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Additional Features

  • 1-Story Property
  • Covered patio or porch
  • 6,800 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Security Deposit $2,500
  • Tenant pays for electricity gas sewer trash collection water
  • Assessor Parcel Number 055-037-015-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,139

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1979
  • Architectural Style: Tract
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Electric Cook Top
  • Other Equipment: None
  • Flooring: Carpet,Laminate,Tile

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Foundation: Slab
  • Listing Price: 439500.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: 1+ Space Per Unit,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: See Remarks
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1561
  • Lot Size Sq Ft: 6800

Rental Info

  • Tenant Pays: Electricity,Gas,Sewer,Trash Collection,Water
  • Total Deposit: 2500
  • Total # Leasable: 2

Multi Family

  • Gross Income: 31080
  • Income Includes: See Remarks
  • Number of Leased Units: 1
  • Number of Month to Month Units: 5
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 055-037-015-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Babayans Sarkis
Bought by
Babayans Sarkis and Sarkis Babayans 2021 Trust
Current Estimated Value
$596,739

Purchase Details

Listed on
Jan 23, 2020
Closed on
Mar 4, 2020
Sold by
Babayans Sarkis
Bought by
Vet Properties Lp
Seller's Agent
Ron Dale
PMZ Real Estate
Buyer's Agent
Steven Parks
Beverly and Company, Inc.
List Price
$425,000
Sold Price
$433,000
Premium/Discount to List
$8,000
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$200,000
Outstanding Balance
$180,883
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$469,627
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
Babayans Sarkis -- None Available
Vet Properties Lp $433,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vft Properties Lp $200,000
Previous Owner Babayans Sarkis $205,050
Previous Owner Babayans Sarkis $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $433,000 -1.5% $226 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/03/2020 02/03/20 Price Changed $439,500 +3.4% $229 / Sq Ft
01/23/2020 01/23/20 For Sale $425,000 -- $221 / 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 $5,139 $464,261 $96,497 $367,764
2023 $5,041 $455,158 $94,605 $360,553
2022 $4,837 $446,234 $92,750 $353,484
2021 $4,752 $437,485 $90,932 $346,553
2020 $2,274 $210,261 $84,107 $126,154
2019 $2,233 $206,139 $82,458 $123,681
2018 $2,189 $202,098 $80,842 $121,256
2017 $2,137 $198,136 $79,257 $118,879
2016 $2,124 $194,252 $77,703 $116,549
2015 $2,093 $191,335 $76,536 $114,799
2014 $2,086 $187,588 $75,037 $112,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20004118

MetroList

APN: 055-37-15