NOT LISTED FOR SALE

1029 Ferrari Dr Modesto, CA 95356

Central Modesto Neighborhood

Estimated Value: $277,000 - $444,670

3 Beds
2 Baths
1,312 Sq Ft
$299/Sq Ft Est. Value

Last Sold May 22, 2012

Last sale price $130,000 $99 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $2,205/month

122 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • 1 Car Attached Garage
  • Ranch Style House
  • Breakfast Area or Nook
  • Double Pane Windows

About This Home

As of May 2012

APPROVED SHORT SALE: This single story, 3 bedroom 2 bath home is located on a corner lot in a quiet neighborhood near shops and schools. This home has an open floor plan, kitchen with lots of cabinet space and a family room large enough for family gatherings. The backyard features a swimming pool for those hot summer days with ample space to host a pool party.

Last Agent to Sell the Property

Michelle Leyson

Keller Williams Realty- Cupert License #01839260 Listed on: 12/12/2011

Last Buyer's Agent

Michelle Leyson

Keller Williams Realty- Cupert License #01839260 Listed on: 12/12/2011

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot
  • Zoning described as r1

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,312 Sq Ft Home
  • Double Pane Windows
  • Family Room with Fireplace
  • Breakfast Area or Nook
  • Laundry in Garage

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Pool

  • In Ground Pool
  • Poolside Lot

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 052-054-050-000

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Tract
  • Property Subtype 1: Single Family Residence
  • Year Built: 1978
  • Architectural Style: Ranch
  • ResoPropertyType: Residential
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Carpet, Tile
  • Total Bathrooms: 2
  • Bathroom Features: Tub w/Shower Over
  • Dining Room Features: Breakfast Nook
  • Room Type: Baths Other
  • Price Per Square Foot: 99.09
  • Square Footage: 1312.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Brick, Frame, Stucco, Wood
  • Disclosures/Documents: CC&Rs
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 130800.00
  • Lot Features: Shape Regular, Street Lights
  • New Construction: No
  • Pool Features: Built-In, On Lot
  • Pool: Yes
  • Road Surface Type: Paved
  • Roof: Composition
  • Spa: No
  • Topography: Level

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Attached
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: In & Connected
  • Utilities: Natural Gas Connected
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: r1
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 052-054-050-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2011
Closed on
May 17, 2012
Sold by
Bautista Patricia and Bautista Allan
Bought by
Fanning Doreen P and Fanning John M
Seller's Agent
Michelle Leyson
Keller Williams Realty- Cupert
Buyer's Agent
Michelle Leyson
Keller Williams Realty- Cupert
List Price
$139,100
Sold Price
$130,000
Premium/Discount to List
-$9,100
-6.54%
Current Estimated Value
$392,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,918
Avg. Annual Appreciation
8.43%
Original Mortgage
$127,645
Outstanding Balance
$87,814
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$305,104

Purchase Details

Closed on
Oct 8, 2005
Sold by
Bautista Allan and Bautista Patricia
Bought by
Bautista Allan and Bautista Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2004
Sold by
Webb Loretta
Bought by
Bautista Allan and Bautista Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2002
Sold by
Webb Stephen
Bought by
Webb Loretta

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
6.43%

Purchase Details

Closed on
Oct 19, 1998
Sold by
Gonzales Marty A and Gonzales Karen L
Bought by
Webb Stephen and Webb Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,362
Interest Rate
6.6%
Mortgage Type
FHA
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
Fanning Doreen P $130,000 Old Republic Title Company
Bautista Allan -- Commonwealth Title
Bautista Allan $274,000 North American Title Ins Co
Webb Loretta -- Alliance Title Company
Webb Stephen $108,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fanning Doreen P $127,645
Previous Owner Bautista Allan $255,000
Previous Owner Bautista Allan $204,000
Previous Owner Webb Loretta $133,000
Previous Owner Webb Stephen $107,362
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2012 05/22/12 Sold $130,000 -6.5% $99 / Sq Ft
04/12/2012 04/12/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $139,100 -- $106 / 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 $1,804 $163,275 $37,676 $125,599
2024 $1,772 $160,075 $36,938 $123,137
2023 $1,738 $156,937 $36,214 $120,723
2022 $1,668 $153,860 $35,504 $118,356
2021 $1,639 $150,844 $34,808 $116,036
2020 $1,615 $149,299 $34,452 $114,847
2019 $1,585 $146,373 $33,777 $112,596
2018 $1,554 $143,504 $33,115 $110,389
2017 $1,517 $140,691 $32,466 $108,225
2016 $1,508 $137,933 $31,830 $106,103
2015 $1,486 $135,862 $31,352 $104,510
2014 $1,481 $133,201 $30,738 $102,463
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michelle Leyson

    Keller Williams Realty- Cupert

  • Juan Romo

    Buyer Co-Listing Agent in 2012

    Juan Romo

    LPT Realty, Inc.

    (209) 595-5413

    3 in this area

    63 Total Sales

    Juan Romo
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Map

Source: MetroList

MLS Number: 11086128

MetroList

APN: 052-54-50

California Stanislaus County Modesto 95356 Central Modesto

1029 Ferrari Dr, Modesto, CA

Not Listed for Sale

Detached

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