NOT LISTED FOR SALE

1015 4th St Modesto, CA 95351

Downtown Modesto Neighborhood

Estimated Value: $467,140 - $479,000

6 Beds
3 Baths
1,773 Sq Ft
$267/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $262,000 $148 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,851/month

82 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • 1-Story Property

About This Home

As of July 2017

Great opportunity to own rental property. Duplex plus granny flat.

Last Agent to Sell the Property

Lorraine Cardoza

PMZ Real Estate License #01216184 Listed on: 03/27/2017

PMZ Real Estate

Last Buyer's Agent

Shawn Mileham

LPT Realty, Inc License #01271371

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,330

Year Built

  • Built in 1924

Lot Details

  • 5,249

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Gas Range

Parking

  • 2 Open Parking Spaces
  • On-Street Parking

Utilities

  • Wall Furnace
  • Cable TV Available

Additional Features

  • 5,249 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable tv electricity gas trash collection
  • Assessor Parcel Number 104-022-006-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,330

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1924
  • Stories: 1
  • Number of One Bedroom Units: 3
  • Number of Two Bedroom Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Flooring: Carpet,Laminate,Tile

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 275000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Street

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: Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MULTI
  • Lot Size Acres: 0.1205
  • Lot Size Sq Ft: 5249

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Trash Collection
  • Total # Leasable: 3

Multi Family

  • Gross Income: 22000
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 104-022-006-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Jun 22, 2017
Sold by
Wedel Jerry and Wedel Linda L
Bought by
Lal Ronald
Seller's Agent
Lorraine Cardoza
PMZ Real Estate
Buyer's Agent
Shawn Mileham
LPT Realty, Inc
List Price
$299,000
Sold Price
$262,000
Premium/Discount to List
-$37,000
-12.37%
Current Estimated Value
$473,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,070
Avg. Annual Appreciation
5.97%
Original Mortgage
$196,500
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2001
Sold by
Santos Manuel A and Santos Enith R
Bought by
Wedel Jerry and Wedel Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 1999
Sold by
Santos Manuel A and Santos Enith R
Bought by
Santos 1995 Trust

Purchase Details

Closed on
Apr 21, 1997
Sold by
Santos Manuel A and Santos Enith R
Bought by
Santos Manuel A and Santos Enith R

Purchase Details

Closed on
Jan 22, 1996
Sold by
Santos Manuel A and Santos Enith R
Bought by
Santos Manuel A and Santos Enith R

Purchase Details

Closed on
Feb 27, 1995
Sold by
World S & L Assoc
Bought by
Santos Manuel A and Santos Enith R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
9.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 1994
Sold by
World S & L Assn
Bought by
World S & L Assoc
Source: Public Records

Range of Values:

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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
Lal Ronald $262,000 Old Republic Title Company
Lal Ronald -- Old Republic Title Company
Wedel Jerry $100,000 Chicago Title Co
Santos 1995 Trust -- --
Santos Manuel A -- Fidelity National Title
Santos Manuel A -- --
Santos Manuel A $40,000 Fidelity National Title
World S & L Assoc $81,914 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lal Ronald $70,000
Open Lal Ronald $188,500
Closed Lal Ronald $196,500
Previous Owner Wedel Jerry $80,000
Previous Owner Santos Manuel A $66,300
Previous Owner Santos Manuel A $20,400
Previous Owner Santos Manuel A $36,000
Previous Owner Santos Manuel A $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2017 07/07/17 Sold $262,000 -12.4% $148 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $299,000 -- $169 / 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
2024 $3,330 $292,260 $72,506 $219,754
2023 $3,281 $286,531 $71,085 $215,446
2022 $3,201 $280,914 $69,692 $211,222
2021 $3,011 $275,407 $68,326 $207,081
2020 $3,070 $272,584 $67,626 $204,958
2019 $2,999 $267,240 $66,300 $200,940
2018 $2,855 $262,000 $65,000 $197,000
2017 $1,381 $127,277 $27,997 $99,280
2016 $1,355 $124,783 $27,449 $97,334
2015 $1,336 $122,909 $27,037 $95,872
2014 $1,228 $112,500 $37,500 $75,000
Source: Public Records

Agents Affiliated with this Home

  • Lorraine Cardoza

    Seller's Agent in 2017

    Lorraine Cardoza

    PMZ Real Estate

    (209) 605-6317

    129 Total Sales

    Lorraine Cardoza
    Section Image
  • Shawn Mileham

    Buyer's Agent in 2017

    Shawn Mileham

    LPT Realty, Inc

    (916) 806-5496

    41 Total Sales

    Shawn Mileham
    Section Image
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Map

Source: MetroList

MLS Number: 17016069

MetroList

APN: 104-22-06

California Stanislaus County Modesto 95351 Downtown Modesto

1015 4th St, Modesto, CA

This home is located at 1015 4th St, Modesto, CA 95351 since 27 March 2017 and is currently estimated at $473,070, approximately $266 per square foot. This property was built in 1924. 1015 4th St is a home located in Stanislaus County with nearby schools including Franklin Elementary School, Mark Twain Junior High School, and Modesto High School.

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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