NOT LISTED FOR SALE

985 N Olive Ave Turlock, CA 95380

Estimated Value: $437,987 - $486,000

3 Beds
3 Baths
1,900 Sq Ft
$243/Sq Ft Est. Value

Last Sold November 15, 2017

Last sale price $275,000 $145 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,672/month

25 Days on Market

About This Home

As of November 2017

3 separate rental homes on this lot. Unit 981 N. Olive is a 1/1 @ $525 per month, Unit 985 N. Olive is a 1/1 @ $665 per month, and Unit 724 Starr is a 1/1 @ $660 per month. We have a whole house inspection, pest report and clearance, and a roof report and certification in hand and all work has been completed by seller. All reports will be available to buyer.

Last Agent to Sell the Property

Manuel A. Mello

Reed Realty License #01134635 Listed on: 09/15/2017

Last Buyer's Agent

Jorge Magana

HomeSmart PV & Associates License #01418954

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 5,700

Parking

  • 1 Parking Space Included

Home Design

  • Triplex
  • Composition Roof

Utilities

  • Wall Furnace
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 5,700 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $1,600
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 042-024-044-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Insurance Expense $1,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1943
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1982

Interior Features

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

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Rental/Lease Agmts,Structural Pest Control Report
  • Listing Price: 289000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning Description: Res
  • Lot Size Acres: 0.1309
  • Lot Size Sq Ft: 5700

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 1600
  • Total # Leasable: 3

Multi Family

  • Income Includes: See Remarks
  • Insurance Expense: 1000
  • Number of Leased Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 042-024-044-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
Arango Properties Llc
Bought by
Arango Properties Llc
Current Estimated Value
$461,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,250
Outstanding Balance
$301,202
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$160,792

Purchase Details

Closed on
Aug 19, 2022
Sold by
Arango Magana and Arango Carlos
Bought by
Arango Properties Llc

Purchase Details

Closed on
Dec 11, 2020
Sold by
Magana Angelica and Merino Carlos Mario
Bought by
Arango Properties Llc

Purchase Details

Listed on
Sep 15, 2017
Closed on
Nov 9, 2017
Sold by
Verdone Johnny
Bought by
Magana Angelica and Merino Carlos Marios Arrango
Seller's Agent
Manuel A. Mello
Reed Realty
Buyer's Agent
Jorge Magana
HomeSmart PV & Associates
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$206,250
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2012
Sold by
Huntington William L
Bought by
Verdone Johnny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
3.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 25, 2004
Sold by
Huntington William L
Bought by
Huntington William L and Huntington Sletha M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Arango Properties Llc -- Chicago Title
Arango Properties Llc -- Pavia Law Inc
Arango Properties Llc -- None Available
Magana Angelica $275,000 Stewart Title
Magana Angelica $275,000 Stewart Title Of Ca Inc
Verdone Johnny $108,000 First American Title Company
Huntington William L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arango Properties Llc $302,250
Previous Owner Magana Angelica $206,250
Previous Owner Verdone Johnny $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2017 11/15/17 Sold $275,000 -4.8% $145 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $289,000 -- $152 / 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 $3,363 $312,898 $79,646 $233,252
2024 $3,301 $306,764 $78,085 $228,679
2023 $3,296 $300,750 $76,554 $224,196
2022 $3,254 $294,853 $75,053 $219,800
2021 $3,206 $289,073 $73,582 $215,491
2020 $3,184 $286,110 $72,828 $213,282
2019 $3,131 $280,500 $71,400 $209,100
2018 $3,128 $275,000 $70,000 $205,000
2017 $1,305 $114,587 $42,439 $72,148
2016 $1,219 $112,341 $41,607 $70,734
2015 $1,206 $110,655 $40,983 $69,672
2014 $1,194 $108,489 $40,181 $68,308
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Manuel A. Mello

    Reed Realty

    Section Image

  • J

    Buyer's Agent in 2017

    Jorge Magana

    HomeSmart PV & Associates

    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 17059865

MetroList

APN: 042-24-44

California Stanislaus County Turlock 95380

985 N Olive Ave, Turlock, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes