NOT LISTED FOR SALE

1001 E Orangeburg Ave Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $755,000 - $847,888

8 Beds
4 Baths
3,575 Sq Ft
$224/Sq Ft Est. Value

Last Sold May 29, 2019

Last sale price $579,000 $162 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,791/month

5 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of May 2019

Four unit property, great for investment opportunity! All units contain 2bd/1ba. Separate laundry building with coin operated machines. Units consists of carpet and laminate flooring. This is a fully gated property, Located close to downtown modesto, public transportation and shopping. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Robert Cornell Ruiz

Supreme Real Estate License #01999818 Listed on: 04/20/2019

Last Buyer's Agent

Pierce Brooker

Piercing Instints License #02073446

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.28

Home Design

  • Quadruplex
  • Composition Roof

Parking

  • 1 Parking Space Included
  • 8 Covered Spaces

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 0.28 Acre Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 031-045-001-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1980
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Block,Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 579000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 8
  • Parking Features: Carport,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Secured Access,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Extra Storage,Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.2794
  • Lot Size Sq Ft: 12171

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 4

Multi Family

  • Income Includes: Coin Operated Equipment,Laundry
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 031-045-001-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Brooker Pierce R and Brooker Christine Marie
Bought by
Brooker Christine Marie and Brooker Pierce R
Current Estimated Value
$801,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$3,180,541
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$2,379,097

Purchase Details

Listed on
Apr 20, 2019
Closed on
May 26, 2019
Sold by
Sarn Ranjodh and Kaur Kamalpreet
Bought by
Pare Christine Marie
Seller's Agent
Robert Cornell Ruiz
Supreme Real Estate
Buyer's Agent
Pierce Brooker
Piercing Instints
List Price
$579,000
Sold Price
$579,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$434,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2017
Closed on
Feb 26, 2018
Sold by
Peace Robert A
Bought by
Sarn Ranjodh and Kaur Kamalprett
Seller's Agent
Joe Montoya
HomeSmart ICARE Realty
Buyer's Agent
Shawn Mileham
LPT Realty, Inc
List Price
$569,500
Sold Price
$550,000
Premium/Discount to List
-$19,500
-3.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$412,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2017
Closed on
Feb 13, 2018
Sold by
Peace Robert A
Bought by
Mortage Electronic Resgirtation Inc
Seller's Agent
Joe Montoya
HomeSmart ICARE Realty
Buyer's Agent
Shawn Mileham
LPT Realty, Inc
List Price
$569,500
Sold Price
$550,000
Premium/Discount to List
-$19,500
-3.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2017
Sold by
Mitchell Joseph
Bought by
Peace Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2004
Sold by
Mitchell Joseph and Mitchell Amor
Bought by
Mitchell Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,300
Interest Rate
5.61%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 1998
Sold by
Verheyden Smith Jacqueline
Bought by
Mitchell Joseph and Mitchell Amor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
7.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 1995
Sold by
Smith Jacqueline F
Bought by
Jacqueline Verheyden Smith Revocable Tru
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
Brooker Christine Marie -- North American Title Co Inc
Pare Christine Marie $579,000 North American Title Ins Co
Sarn Ranjodh $550,000 None Available
Mortage Electronic Resgirtation Inc -- None Available
Peace Robert A $435,000 Stewart Title Of Ca Inc
Mitchell Joseph -- First American Title Co
Mitchell Joseph $198,000 Stewart Title
Jacqueline Verheyden Smith Revocable Tru -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooker Christine Marie $3,500,000
Closed Pare Christine Marie $434,250
Previous Owner Sarn Ranjodh $412,500
Previous Owner Peace Robert A $326,250
Previous Owner Mitchell Joseph $151,300
Previous Owner Mitchell Joseph $158,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2019 05/29/19 Sold $579,000 0.0% $162 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
04/20/2019 04/20/19 For Sale $579,000 +5.3% $162 / Sq Ft
03/07/2018 03/07/18 Sold $550,000 -3.4% $155 / Sq Ft View Prior Sale
01/23/2018 01/23/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $569,500 -- $160 / 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 $7,553 $645,881 $112,108 $533,773
2024 $7,215 $633,217 $109,910 $523,307
2023 $7,109 $620,802 $107,755 $513,047
2022 $6,936 $608,631 $105,643 $502,988
2021 $6,524 $596,698 $103,572 $493,126
2020 $6,652 $590,580 $102,510 $488,070
2019 $6,296 $561,000 $132,600 $428,400
2018 $4,835 $443,700 $122,400 $321,300
2017 $2,902 $267,449 $61,456 $205,993
2016 $2,846 $262,205 $60,251 $201,954
2015 $2,808 $258,267 $59,346 $198,921
2014 $2,765 $253,209 $58,184 $195,025
Source: Public Records

Agents Affiliated with this Home

  • Robert Cornell Ruiz

    Seller's Agent in 2019

    Robert Cornell Ruiz

    Supreme Real Estate

    (408) 417-4672

    1 in this area

    17 Total Sales

    Robert Cornell Ruiz
    Section Image

  • P

    Buyer's Agent in 2019

    Pierce Brooker

    Piercing Instints

    Section Image
  • Joe Montoya

    Seller's Agent in 2018

    Joe Montoya

    HomeSmart ICARE Realty

    (209) 740-1447

    1 in this area

    27 Total Sales

    Joe Montoya
    Section Image
  • Shawn Mileham

    Buyer's Agent in 2018

    Shawn Mileham

    LPT Realty, Inc

    (916) 806-5496

    40 Total Sales

    Shawn Mileham
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 19025558

MetroList

APN: 031-45-01

California Stanislaus County Modesto 95350 Central Modesto

1001 E Orangeburg Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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