NOT LISTED FOR SALE

1002 Tully Rd Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $427,000 - $439,067

4 Beds
2 Baths
1,584 Sq Ft
$273/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $269,900 $170 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,568/month

39 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 1-Story Property
  • Central Air
  • 2 Car Garage

About This Home

As of August 2017

Nice duplex on corner lot with a great neighborhood. Garages and separate interior laundry rooms.

Last Agent to Sell the Property

Ben Petersen

Century 21 MM License #01982535 Listed on: 04/25/2017

Last Buyer's Agent

John Diaz

John Diaz, Broker License #01335900

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,900 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Gas Range

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity gas trash collection
  • Assessor Parcel Number 114-007-009-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1953
  • Accessibility Features: 0
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 269900.00
  • Patio And Porch Features: Covered Patio,Uncovered Patio,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: See Remarks
  • Cooling: Central
  • Heating: Baseboard

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R3
  • Lot Size Acres: 0.1584
  • Lot Size Sq Ft: 6900

Rental Info

  • Tenant Pays: Electricity,Gas,Trash Collection
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 114-007-009-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2020
Sold by
Meservey Levi and Yost Kaylee
Bought by
Meservey Levi and Meservey Kaylee
Current Estimated Value
$433,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,800
Outstanding Balance
$265,767
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$167,267

Purchase Details

Closed on
Jun 20, 2017
Sold by
Redjalan Arsalon
Bought by
Meservey Levi and Yost Kaylee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,306
Interest Rate
3.93%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2015
Sold by
Zamanpour Golrokh and Redjaian Golrokh
Bought by
Redjalan Arsalon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,306
Interest Rate
3.93%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2005
Sold by
Redjalan Arsalon
Bought by
Redjaian Arsalon and Redjaian Golrokh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 8, 2005
Sold by
Dinubilo Robert H and Robert H Dinubilo Family Trust
Bought by
Redjalan Arsalon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 2005
Sold by
Zamanpour Golrokh
Bought by
Redjalan Arsalon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Meservey Levi -- Fidelity National Title Co
Meservey Levi $270,000 Cypress Title Corporation
Redjalan Arsalon A -- Cypress Title
Redjaian Arsalon -- Fidelity National Title
Redjalan Arsalon $325,000 First American Title Co
Redjalan Arsalon -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meservey Levi $298,800
Previous Owner Meservey Levi $310,306
Previous Owner Redjalan Arsalon A $310,306
Previous Owner Redjaian Arsalon $292,500
Previous Owner Redjalan Arsalon $260,000
Closed Redjalan Arsalon $32,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $269,900 0.0% $170 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $269,900 -- $170 / 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 $3,592 $307,208 $161,569 $145,639
2024 $3,432 $301,185 $158,401 $142,784
2023 $3,381 $295,281 $155,296 $139,985
2022 $3,219 $289,492 $152,251 $137,241
2021 $3,027 $283,816 $149,266 $134,550
2020 $3,085 $280,907 $147,736 $133,171
2019 $3,012 $275,400 $144,840 $130,560
2018 $2,866 $270,000 $142,000 $128,000
2017 $2,794 $257,500 $69,000 $188,500
2016 $2,540 $234,000 $62,500 $171,500
2015 $2,120 $195,000 $62,500 $132,500
2014 $1,900 $174,000 $62,500 $111,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Ben Petersen

    Century 21 MM

  • John Diaz

    Buyer's Agent in 2017

    John Diaz

    John Diaz, Broker

    (209) 214-8466

    2 in this area

    22 Total Sales

    John Diaz
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Map

Source: MetroList

MLS Number: 17023218

MetroList

APN: 114-07-09

California Stanislaus County Modesto 95350 Central Modesto

1002 Tully Rd, Modesto, CA

Not Listed for Sale

MultiFamily

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