NOT LISTED FOR SALE

Estimated Value: $323,000 - $353,000

4 Beds
3 Baths
1,125 Sq Ft
$300/Sq Ft Est. Value

Last Sold December 09, 2013

Last sale price $78,000 $69 Per Sq Ft

Est. 333% increase in value since last sale

Current estimated payment $1,858/month

99 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-Story Property

About This Home

As of December 2013

Triplex in downtown Modesto, good cash flow, one unit needs some work, large lot.

Last Agent to Sell the Property

John Hertle

EXIT Realty Consultants License #01060991 Listed on: 08/13/2013

EXIT Realty Consultants

Co-Listed By

Jerri Lynn Matoza

EXIT Realty Consultants License #01413677

Last Buyer's Agent

Brett Cottel

Brett Cottel Real Estate License #01052578

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions: 6969

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity gas rent only
  • Assessor Parcel Number 104-022-005-000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1895
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: None
  • Flooring: Carpet,Tile,Other
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available,Structural Pest Control Report
  • Listing Price: 74900.00
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Cooling: Window Unit(s),None,See Remarks
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: r2
  • Lot Size Acres: 0.1600
  • Lot Dimensions: 6969 sf
  • Lot Size Sq Ft: 6970

Rental Info

  • Tenant Pays: Electricity,Gas,Rent Only
  • Total # Leasable: 3

Multi Family

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

Tax Info

  • Assessor Parcel Number: 104-022-005-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2013
Closed on
Dec 2, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cottel Brett C
Seller's Agent
John Hertle
EXIT Realty Consultants
Buyer's Agent
Brett Cottel
Brett Cottel Real Estate
List Price
$109,900
Sold Price
$78,000
Premium/Discount to List
-$31,900
-29.03%
Current Estimated Value
$338,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,000
Avg. Annual Appreciation
12.91%

Purchase Details

Closed on
Jul 26, 2013
Sold by
Prescott Rachelle D
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 31, 2003
Sold by
Prescott Leopold T
Bought by
Prescott Rachelle D
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
Cottel Brett C $78,000 Lsi Title Company
Federal Home Loan Mortgage Corporation $80,000 None Available
Prescott Rachelle D -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2013 12/09/13 Sold $78,000 -29.0% $69 / Sq Ft
11/20/2013 11/20/13 Pending -- -- --
08/13/2013 08/13/13 For Sale $109,900 -- $98 / 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 $1,118 $95,604 $18,382 $77,222
2024 $1,068 $93,730 $18,022 $75,708
2023 $1,052 $91,893 $17,669 $74,224
2022 $1,027 $90,092 $17,323 $72,769
2021 $966 $88,327 $16,984 $71,343
2020 $985 $87,422 $16,810 $70,612
2019 $962 $85,709 $16,481 $69,228
2018 $916 $84,029 $16,158 $67,871
2017 $894 $82,383 $15,842 $66,541
2016 $877 $80,769 $15,532 $65,237
2015 $865 $79,557 $15,299 $64,258
2014 $852 $78,000 $15,000 $63,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13047780

MetroList

APN: 104-22-05