NOT LISTED FOR SALE

1016 Gemini Ct Modesto, CA 95355

Northeast Modesto Neighborhood

Estimated Value: $414,000 - $490,000

4 Beds
2 Baths
1,508 Sq Ft
$301/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $309,000 $205 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,688/month

80 Days on Market

Highlights

  • A-Frame Home
  • No HOA
  • 1-Story Property

About This Home

As of May 2019

Very nice Duplex in a great location! Excellent investment or first time home buyer opportunity! Live in one and rent the other! Both units have 2 bedrooms and 1 bath, new carpet, updated kitchen and bathrooms, updated energy efficient windows, and conveniently located close to schools and shopping centers. This amazing opportunity won't last long!

Last Agent to Sell the Property

Jacob Tamo

HomeSmart PV & Associates License #01471498 Listed on: 01/25/2019

HomeSmart PV & Associates

Last Buyer's Agent

Jacob Tamo

HomeSmart PV & Associates License #01471498 Listed on: 01/25/2019

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 5,998 Sq Ft Lot

Home Design

  • Duplex
  • A-Frame Home
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 1 Parking Space Included
  • 2 Covered Spaces

Utilities

  • Wall Furnace
  • 220 Volts

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 032-032-011-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1962
  • Architectural Style: A-Frame
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Range,Disposal,Gas Water Heater
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full,Dual Pane Partial

Exterior Features

  • Construction Materials: Brick,Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Owner Occupies 1 Unit
  • Listing Price: 299900.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 2
  • Parking Features: Carport,Street,1 Space Per Unit
  • Total Parking Spaces: 2

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Available,Cable Connected
  • Cooling: Ceiling Fan(s),Evaporative Cooler,Window Unit(s),See Remarks
  • Electric: 220 Volts
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 5998

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 032-032-011-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2019
Closed on
May 28, 2019
Sold by
Khoshaba Baneebal and Khoshaba Nabilyoon
Bought by
Gonzalez Maximino Munoz
Seller's Agent
Jacob Tamo
HomeSmart PV & Associates
Buyer's Agent
Jacob Tamo
HomeSmart PV & Associates
List Price
$299,900
Sold Price
$309,000
Premium/Discount to List
$9,100
3.03%
Current Estimated Value
$453,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,675
Avg. Annual Appreciation
5.94%
Original Mortgage
$244,000
Outstanding Balance
$214,090
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$239,585

Purchase Details

Closed on
Oct 18, 2016
Sold by
Lazar Lisa
Bought by
Khoshaba Baneebal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2016
Sold by
Colker David M and Colker Cynthia A
Bought by
Khoshaba Baneebal and Khoshaba Nabilyoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2004
Sold by
Mulligan Sherry
Bought by
Colker David M and Colker Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
5.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2003
Sold by
Singh Harnam and Singh Amarjit
Bought by
Mulligan Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,875
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 16, 2002
Sold by
Pando Flavio P and Pando Maria J
Bought by
Singh Harnam and Singh Amarjit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,066
Interest Rate
8.24%
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
Gonzalez Maximino Munoz $305,000 Old Republic Title Company
Khoshaba Baneebal -- Stewart Title Of Ca Inc
Khoshaba Baneebal $240,000 Stewart Title Of Ca Inc
Colker David M $314,000 Chicago Title
Mulligan Sherry $218,000 Fidelity National Title
Singh Harnam $159,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Maximino Munoz $244,000
Previous Owner Khoshaba Baneebal $235,653
Previous Owner Colker David M $179,000
Previous Owner Mulligan Sherry $184,875
Previous Owner Singh Harnam $127,066
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2019 05/30/19 Sold $309,000 +3.0% $205 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
04/06/2019 04/06/19 For Sale $299,900 -2.9% $199 / Sq Ft
04/02/2019 04/02/19 Off Market $309,000 -- --
03/09/2019 03/09/19 Pending -- -- --
03/03/2019 03/03/19 Price Changed $299,900 +3.4% $199 / Sq Ft
03/03/2019 03/03/19 For Sale $289,900 0.0% $192 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $289,900 -- $192 / 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 $3,979 $340,227 $46,848 $293,379
2024 $3,800 $333,557 $45,930 $287,627
2023 $3,745 $327,018 $45,030 $281,988
2022 $3,654 $320,607 $44,148 $276,459
2021 $3,437 $314,322 $43,283 $271,039
2020 $3,504 $311,100 $42,840 $268,260
2019 $2,802 $249,696 $65,025 $184,671
2018 $2,668 $244,800 $63,750 $181,050
2017 $2,604 $240,000 $62,500 $177,500
2016 $2,736 $252,000 $62,500 $189,500
2015 $2,283 $210,000 $62,500 $147,500
2014 $2,047 $187,500 $62,500 $125,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jacob Tamo

    HomeSmart PV & Associates

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Map

Source: MetroList

MLS Number: 19004047

MetroList

APN: 032-32-11

California Stanislaus County Modesto 95355 Northeast Modesto

1016 Gemini Ct, Modesto, CA

Not Listed for Sale

MultiFamily

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