NOT LISTED FOR SALE

1009 Phelps Ave Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $500,000 - $531,876

4 Beds
2 Baths
2,120 Sq Ft
$243/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $399,999 $189 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,118/month

59 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • 1-minute walk to Whitmore Park
  • No HOA
  • 1-Story Property

About This Home

As of July 2020

Price Improvement & Excellent LOCATION and CASH FLOW for this duplex! Each well maintained unit features new HVAC and a private backyard! Consistent and long term tenants. Incredible opportunity for an investment property across from Beard Elementary and Whitmore Park, Shopping, Convenience and so much more! Invest in your retirement today!

Last Agent to Sell the Property

Lester Garcia

HomeSmart Realty Group License #01884689 Listed on: 04/17/2020

HomeSmart Realty Group

Co-Listed By

Matthew Cavanaugh

HomeSmart PV & Associates License #01952205

Last Buyer's Agent

Steve Cavanaugh

HomeSmart PV & Associates License #01975266

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 8,699

Parking

  • Carport

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Additional Features

  • 1-Story Property
  • 8,699 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 059-021-033-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1959
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Laminate,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Structural Pest Control Report
  • Listing Price: 399900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport

Utilities

  • Sewer: Public Sewer
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space,None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R
  • Lot Size Acres: 0.1997
  • Lot Size Sq Ft: 8699

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 2

Multi Family

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

Tax Info

  • Assessor Parcel Number: 059-021-033-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2024
Sold by
Williams Katherine
Bought by
Williams Family Trust and Williams
Current Estimated Value
$515,938

Purchase Details

Listed on
Apr 17, 2020
Closed on
Jul 17, 2020
Sold by
Delos Santos Millan Jesus and Sanchez Medina Maria
Bought by
Williams Katherine
Seller's Agent
Lester Garcia
HomeSmart Realty Group
Buyer's Agent
Steve Cavanaugh
HomeSmart PV & Associates
List Price
$414,900
Sold Price
$399,999
Premium/Discount to List
-$14,901
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%

Purchase Details

Listed on
Apr 17, 2020
Closed on
Jul 1, 2020
Sold by
Williams Billy R
Bought by
Williams Katherine
Seller's Agent
Lester Garcia
HomeSmart Realty Group
Buyer's Agent
Steve Cavanaugh
HomeSmart PV & Associates
List Price
$414,900
Sold Price
$399,999
Premium/Discount to List
-$14,901
-3.59%

Purchase Details

Closed on
Feb 18, 2018
Sold by
Willis Larry C and Willis Katherine L
Bought by
Santos Millan Jesus De Los and Sanchez Medina Maria Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,150
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 1988
Sold by
Gross Fay E
Bought by
Gross Fay Ethel
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
Williams Family Trust -- None Listed On Document
Williams Family Trust -- None Listed On Document
Williams Katherine $400,000 Placer Title Company
Williams Katherine -- Placer Title Company
Santos Millan Jesus De Los $253,500 Chicago Title Co
Gross Fay Ethel -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santos Millan Jesus De Los $228,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2020 07/28/20 Sold $399,999 0.0% $189 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/08/2020 06/08/20 Price Changed $399,900 -2.4% $189 / Sq Ft
05/07/2020 05/07/20 Price Changed $409,900 -0.2% $193 / Sq Ft
04/27/2020 04/27/20 Price Changed $410,900 -1.0% $194 / Sq Ft
04/17/2020 04/17/20 For Sale $414,900 -- $196 / 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 $5,062 $432,862 $54,121 $378,741
2024 $4,835 $424,375 $53,060 $371,315
2023 $4,764 $416,055 $52,020 $364,035
2022 $4,648 $407,898 $51,000 $356,898
2021 $4,372 $399,900 $50,000 $349,900
2020 $2,971 $263,741 $124,848 $138,893
2019 $2,902 $258,570 $122,400 $136,170
2018 $2,035 $186,716 $67,214 $119,502
2017 $1,986 $183,056 $65,897 $117,159
2016 $1,948 $179,467 $64,605 $114,862
2015 $1,922 $176,772 $63,635 $113,137
2014 $1,892 $173,310 $62,389 $110,921
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lester Garcia

    HomeSmart Realty Group

    Section Image
  • Matthew Cavanaugh

    Seller Co-Listing Agent in 2020

    Matthew Cavanaugh

    HomeSmart PV & Associates

    (209) 314-5316

    4 in this area

    52 Total Sales

    Matthew Cavanaugh
    Section Image
  • Steve Cavanaugh

    Buyer's Agent in 2020

    Steve Cavanaugh

    HomeSmart PV & Associates

    (209) 581-6325

    1 in this area

    41 Total Sales

    Steve Cavanaugh
    Section Image
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Map

Source: MetroList

MLS Number: 20022201

MetroList

APN: 059-21-33

California Stanislaus County Modesto 95350 Central Modesto

1009 Phelps Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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