NOT LISTED FOR SALE

1001 Florence Ave Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $661,129

8 Beds
4 Baths
2,800 Sq Ft
$236/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2019

Last sale price $440,000 $157 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,049 / mo

17 Days on Market

Highlights

  • 0.62 Acre Lot
  • Double Pane Windows
  • 1-Story Property
  • No HOA
  • Multiple cooling system units

About This Home

As of February 2019

Highly sought after 4 Plex! So many possibilities with .62 Acres! Perfect income property all 2 bedrooms 1 Bath units! All units have large yards, indoor laundry rooms, and New roofs. Large shop on property, So much room county use code states property can have up to 9 units! This 4 plex is surrounded by single family homes and some multi-family units! Perfect location near HWY 132! All Units occupied, immediate CASH-FLOW!

Last Agent to Sell the Property

Johnny Flores

Cornerstone Homes License #01464580 Listed on: 01/08/2019

Last Buyer's Agent

Debbie Seip

NorCal Properties License #00676042

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 27,042 Sq Ft Lot

Parking

  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Multiple cooling system units
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 030-015-019-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.62 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1964
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Carpet,Laminate,Tile
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 450000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Guest Parking Available,1 Space Per Unit

Utilities

  • Cooling: MultiUnits
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Extra Storage,Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Multi-Plex
  • Lot Size Acres: 0.6208
  • Lot Size Sq Ft: 27042

Rental Info

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

Multi Family

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

Tax Info

  • Assessor Parcel Number: 030-015-019-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Feb 13, 2019
Sold by
Bought by
Seller's Agent
Johnny Flores
Cornerstone Homes
Buyer's Agent
Debbie Seip
NorCal Properties
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Current Estimated Value
$661,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,129
Avg. Annual Appreciation
5.69%
Original Mortgage
$330,000
Interest Rate
0.044%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2019
Closed on
Jan 28, 2019
Sold by
Bought by
Seller's Agent
Johnny Flores
Cornerstone Homes
Buyer's Agent
Debbie Seip
NorCal Properties
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
0.044%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2015
Sold by
Bought by

Purchase Details

Listed on
Jan 20, 2014
Closed on
Mar 26, 2014
Sold by
Bought by
Seller's Agent
Larry Weber
The Land Group
Buyer's Agent
Johnny Flores
Cornerstone Homes
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$168,000
Interest Rate
0.0438%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 2011
Sold by
Bought by

Purchase Details

Closed on
May 9, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2009
Sold by
Bought by

Purchase Details

Closed on
May 20, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 25, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,900
Interest Rate
0.035%

Purchase Details

Closed on
Dec 21, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,900
Interest Rate
0.035%

Purchase Details

Closed on
Aug 14, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
0.0745%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
0.0575%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
0.0713%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 1994
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$440,000 Chicago Title
-- Chicago Title
-- Chicago Title
-- None Available
$240,000 Chicago Title Company
$215,000 Chicago Title Company
$167,000 First American Title Company
$127,000 First American Title Company
$153,000 None Available
-- None Available
-- Chicago Title
$557,000 Chicago Title
$380,000 Chicago Title
$243,000 Alliance Title Company
-- Stewart Title
-- Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $330,700
Closed $330,000
Closed $168,000
Closed $389,900
Closed $356,000
Closed $342,000
Closed $194,400
Closed $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2019 02/27/19 Sold $440,000 -2.2% $157 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $450,000 +87.5% $161 / Sq Ft
05/16/2014 05/16/14 Sold $240,000 0.0% $86 / Sq Ft View Prior Sale
01/24/2014 01/24/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $240,000 -- $86 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,740 $490,823 $94,816 $396,007
2024 $5,483 $481,200 $92,957 $388,243
2023 $5,402 $471,766 $91,135 $380,631
2022 $5,271 $462,517 $89,349 $373,168
2021 $4,958 $453,449 $87,598 $365,851
2020 $5,055 $448,800 $86,700 $362,100
2019 $3,489 $310,848 $60,333 $250,515
2018 $3,321 $304,753 $59,150 $245,603
2017 $3,146 $289,955 $57,991 $231,964
2016 $3,086 $284,270 $56,854 $227,416
2015 $2,662 $244,794 $25,499 $219,295
2014 $2,405 $220,294 $30,738 $189,556
Source: Public Records

Agents Affiliated with this Home

  • Johnny Flores

    Seller's Agent in 2019

    Johnny Flores

    Cornerstone Homes

    (209) 484-4280

    11 in this area

    62 Total Sales

    Johnny Flores
    Section Image

  • D

    Buyer's Agent in 2019

    Debbie Seip

    NorCal Properties

  • L

    Seller's Agent in 2014

    Larry Weber

    The Land Group

    (209) 576-0131

    3 in this area

    8 Total Sales

    Larry Weber
    Section Image
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Map

Source: MetroList

MLS Number: 19001260

MetroList

APN: 030-15-19

California Stanislaus County Modesto 95351 West Modesto

1001 Florence Ave, Modesto, CA

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.

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