NOT LISTED FOR SALE

1021 Roselawn Ave Modesto, CA 95351

Estimated Value: $743,000 - $906,000

8 Beds
4 Baths
3,800 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 18, 2019

Last sale price $540,000 $142 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,085/month

41 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2019

Rare opportunity! Beautiful 4-Plex each unit approximately 1000 ft. With central heating and air! Indoor laundry rooms, All occupied By great tenants! Substantial income property with no HOA! The detached fourth unit is a Perfect opportunity for owner occupancy! Just a few blocks from Highway 99 Central Modesto!

Last Agent to Sell the Property

Johnny Flores

Cornerstone Homes License #01464580 Listed on: 02/09/2019

Last Buyer's Agent

Debbie Seip

NorCal Properties License #00676042

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,729

Year Built

  • Built in 1977

Lot Details

  • 0.3

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • 0.3 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas trash collection
  • Assessor Parcel Number 037-051-008-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,729

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1977
  • Architectural Style: Tract
  • Stories: 1
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Carpet,Tile,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 549900.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: 1+ Space Per Unit
  • Total Parking Spaces: 8

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Multi-Plex
  • Lot Size Acres: 0.3022
  • Lot Size Sq Ft: 13164

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Trash Collection
  • Total # Leasable: 4

Multi Family

  • Gross Income: 42600
  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 1
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 037-051-008-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2019
Closed on
Apr 15, 2019
Sold by
Richards Paul
Bought by
Lindsley David K
Seller's Agent
Johnny Flores
Cornerstone Homes
Buyer's Agent
Debbie Seip
NorCal Properties
List Price
$549,900
Sold Price
$540,000
Premium/Discount to List
-$9,900
-1.8%
Current Estimated Value
$830,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,237
Avg. Annual Appreciation
6.32%
Original Mortgage
$343,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Richards Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,694
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2008
Sold by
Sherman Larry W and Sherman Michelle D
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 1, 2007
Sold by
Sherman Larry W and Sherman Michelle D
Bought by
Sherman Larry W

Purchase Details

Closed on
May 4, 2006
Sold by
Resh Ron and Reynolds Resh Valarie
Bought by
Sherman Larry W and Sherman Michelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,350
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2002
Sold by
Resh Ron
Bought by
Resh Ronald and Reynolds Resh Valarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 1995
Sold by
Fong Rodney C and Hernandez Carmen G
Bought by
Resh Ron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 1994
Sold by
Reynolds Resh Valarie L
Bought by
Resh Ronald J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lindsley David K $540,000 Chicago Title
Richards Paul $129,000 First American Title Company
Deutsche Bank National Trust Company $244,350 Landsafe Title
Sherman Larry W -- None Available
Sherman Larry W $529,000 Alliance Title Company
Resh Ronald -- Chicago Title
Resh Ron $135,000 Chicago Title Company
Resh Ronald J -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindsley David K $345,400
Closed Lindsley David K $343,750
Previous Owner Richards Paul $116,913
Previous Owner Richards Paul $124,694
Previous Owner Sherman Larry W $79,350
Previous Owner Sherman Larry W $423,200
Previous Owner Resh Ronald $208,000
Previous Owner Resh Ron $108,000
Closed Resh Ron $13,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2019 04/18/19 Sold $540,000 -1.8% $142 / Sq Ft
03/22/2019 03/22/19 Pending -- -- --
02/09/2019 02/09/19 For Sale $549,900 -- $145 / 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 $6,729 $590,564 $71,084 $519,480
2023 $6,630 $578,986 $69,691 $509,295
2022 $6,469 $567,634 $68,325 $499,309
2021 $6,084 $556,505 $66,986 $489,519
2020 $6,204 $550,800 $66,300 $484,500
2019 $1,671 $148,909 $41,554 $107,355
2018 $1,591 $145,990 $40,740 $105,250
2017 $1,553 $143,129 $39,942 $103,187
2016 $1,523 $140,323 $39,159 $101,164
2015 $1,503 $138,216 $38,571 $99,645
2014 $1,480 $135,510 $37,816 $97,694
Source: Public Records

Agents Affiliated with this Home

  • Johnny Flores

    Seller's Agent in 2019

    Johnny Flores

    Cornerstone Homes

    (209) 484-4280

    69 Total Sales

    Johnny Flores
    Section Image

  • D

    Buyer's Agent in 2019

    Debbie Seip

    NorCal Properties

See All Agents

Map

Source: MetroList

MLS Number: 19008283

MetroList

APN: 037-51-08

California Stanislaus County Modesto 95351

1021 Roselawn Ave, Modesto, CA

This home is located at 1021 Roselawn Ave, Modesto, CA 95351 since 09 February 2019 and is currently estimated at $830,237, approximately $218 per square foot. This property was built in 1977. 1021 Roselawn Ave is a home located in Stanislaus County with nearby schools including Robertson Road Elementary School, Evelyn Hanshaw Middle 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.

Nearby Homes