NOT LISTED FOR SALE

Estimated Value: $433,000 - $440,000

4 Beds
2 Baths
1,508 Sq Ft
$290/Sq Ft Est. Value

Last Sold October 17, 2023

Last sale price $425,000 $282 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,788/month

11 Days on Market

Highlights

  • Laundry Room
  • Paved or Partially Paved Lot
  • 1-Story Property
  • Fenced
  • Back Yard

About This Home

As of October 2023

Great opportunity to own this Modesto duplex, each unit offers about 750 SqFt of living area. 2 Bedrooms and 1 Full bath per unit. It offer a car port as well as a laundry room per unit. Duplex located one minute walking distance to Rose Avenue Park and conveniently close to mayor shopping stores and restaurants.

Last Agent to Sell the Property

Alvaro Amador

Coldwell Banker Realty License #02093165 Listed on: 09/15/2023

Coldwell Banker Realty

Last Buyer's Agent

Gina Rossi

Bella Casa Realty License #02029726

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,842

Year Built

  • 1962

Lot Details

  • 5,998 Sq Ft Lot
  • Fenced
  • Paved or Partially Paved Lot
  • Back Yard

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,508 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 3 Parking Spaces
  • 2 Carport Spaces
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $27,288
  • Month-to-Month Lease Term
  • Renewal Option

Community Details

Overview

  • 1,508 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $861
  • Utility Expense $2,400
  • Operating Expense $6,314
  • Gross Income $27,288

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,842

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R-2
  • Subclass: Duplex
  • Age: 61
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1508
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 1508
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Laminate
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Carport, Covered Parking, On Street
  • Carport Min: 2

Utilities

  • Cooling System: Window / Wall Unit
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Modesto City High
  • Elementary School: John Muir Elementary
  • Middle School: Evelyn Hanshaw Middle
  • High School: Thomas Downey High
  • High School: 36509
  • Elementary School: 36483
  • Middle School: 36504

Lot Info

  • Lot Description: Paved
  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Month To Month, More Than 1 Yr, Renewal Option, Res/Comm Rental, Security Deposit
  • Gross Rent Multiplier: 15.57
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 861
  • Expenses Total: 6314
  • Expenses Utility: 2400
  • Income Annual Gross: 27288.00
  • Income Annual Rental: 27288
  • Income Gross Scheduled: 27288
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Principle & Interest
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 4, 2023
Sold by
Fernandez Family Trust and Fernandez Quirino
Bought by
Kennedy John
Seller's Agent
Alvaro Amador
Coldwell Banker Realty
Buyer's Agent
Gina Rossi
Bella Casa Realty
List Price
$425,000
Sold Price
$425,000
Views
165
Current Estimated Value
$437,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,473
Avg. Annual Appreciation
1.61%
Original Mortgage
$340,000
Outstanding Balance
$333,696
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$103,777

Purchase Details

Closed on
Oct 26, 2016
Sold by
Fernandez Muriel Haydee Artiga and Fernandez Quirino
Bought by
Fernandez Quirino and Fernandez Muriel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
3.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2016
Sold by
Miranda Eugene L and Miranda Barbara J
Bought by
Fernandez Muriel Haydee Artiga and Fernandez Quirino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
3.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2013
Sold by
Kellogg Stephen and Kellogg Kimberly
Bought by
Mccrary Clinton H and Mccrary Betty L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2008
Sold by
Serreta Properties Lp
Bought by
Kellogg Stephen and Kellogg Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 2008
Sold by
Peters Lisa D
Bought by
Serreta Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 2007
Sold by
Peters Lisa D
Bought by
Peters Lisa D and Lisa D Peters Family Trust

Purchase Details

Closed on
Dec 6, 2005
Sold by
Peters Lisa D
Bought by
Peters Lisa D and Lisa D Peters Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,200
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 7, 2005
Sold by
Layman Jon P and Wang Shirley
Bought by
Peters Lisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,200
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 11, 2004
Sold by
Jacquez Arthur and Jacquez Yvonne
Bought by
Layman Jon P and Wang Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 2003
Sold by
Singh Harnam and Singh Amarjit
Bought by
Jacquez Arthur and Jacquez Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,950
Interest Rate
5.26%
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
6.09%
Mortgage Type
Commercial
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
Kennedy John $425,000 Old Republic Title
Fernandez Quirino -- None Available
Fernandez Muriel Haydee Artiga $245,000 First American Title Company
Mccrary Clinton H $190,000 Old Republic Title Company
Kellogg Stephen $170,000 Old Republic Title Company
Serreta Properties Lp $96,801 None Available
Peters Lisa D -- None Available
Peters Lisa D -- Fidelity National Title
Peters Lisa D $394,000 Fidelity National Title
Layman Jon P $289,000 Fidelity National Title
Jacquez Arthur $217,500 Fidelity National Title
Singh Harnam $159,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy John $340,000
Previous Owner Fernandez Muriel Haydee Artiga $183,750
Previous Owner Mccrary Clinton H $133,000
Previous Owner Kellogg Stephen $136,000
Previous Owner Peters Lisa D $315,200
Previous Owner Layman Jon P $231,200
Previous Owner Jacquez Arthur $193,950
Previous Owner Singh Harnam $127,066
Previous Owner Pando Flavio P $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2023 10/17/23 Sold $425,000 0.0% $282 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $425,000 -- $282 / Sq Ft
Source: MLSListings

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 $4,842 $425,000 $215,000 $210,000
2023 $3,129 $273,298 $33,464 $239,834
2022 $3,053 $267,940 $32,808 $235,132
2021 $2,872 $262,687 $32,165 $230,522
2020 $2,928 $259,995 $31,836 $228,159
2019 $2,861 $254,898 $31,212 $223,686
2018 $2,723 $249,900 $30,600 $219,300
2017 $2,658 $245,000 $30,000 $215,000
2016 $2,136 $196,749 $31,065 $165,684
2015 $2,107 $193,795 $30,599 $163,196
2014 $2,074 $190,000 $30,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81942070

MLSListings

APN: 032-32-03