NOT LISTED FOR SALE

Estimated Value: $320,378 - $441,000

1 Bed
1 Bath
880 Sq Ft
$433/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $275,000 $312 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,346/month

10 Days on Market

Highlights

  • Window or Skylight in Bathroom
  • Breakfast Area or Nook
  • North Facing Home
  • No HOA
  • Tile Flooring

About This Home

As of July 2021

Great investment opporunity for first time buyers and investors! 107 Spruce Street is centrally located near downtown Modesto with easy of access to Hwy 99. Main house is 1-bedroom/1-bathroom at about 480 SF and additional dwelling unit (ADU) is a studio (107 1/2 Spruce) at about 400 SF located in back of parcel off alley for upside rental income! The ADU has full kitchen, full bathroom and large concrete pad for potential of additional build onto ADU for added rental income!

Last Agent to Sell the Property

Daniel Akulow

Access Real Estate License #01481066 Listed on: 05/14/2021

Last Buyer's Agent

Anna G Bejarano

HomeSmart PV & Associates License #01951848

HomeSmart PV & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,260

Year Built

  • Built in 1971

Lot Details

  • 7,000 Sq Ft Lot
  • North Facing Home
  • Zoning described as Multi-family

Home Design

  • Raised Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Breakfast Area or Nook

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Window or Skylight in Bathroom

Parking

  • Alley Access
  • Driveway

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts in Kitchen

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 101-007-064-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,260

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Stories: 1
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile
  • Bathroom Features: Window
  • Bathrooms: 1.00
  • Dining Room Features: Other
  • Kitchen Features: Breakfast Area
  • Living Room Features: Other
  • Main Level: Bedroom(s),Living Room,Full Bath(s)
  • Price Per Square Foot: 312.50
  • Square Footage: 880

Exterior Features

  • Construction Materials: Frame, Wood
  • Property Faces: North
  • Foundation: Raised, Slab
  • Horse Property: No
  • Listing Price: 250000.00
  • Lot Features: Other
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Shingle
  • Spa: No
  • Second Unit Estimated Sq Ft: 400
  • Second Unit Full Bathrooms: 1
  • Second Unit Kitchen: Yes

Garage/Parking

  • Parking Features: No Garage, Alley Access
  • Driveway/Sidewalks: Paved Driveway

Utilities

  • Security: Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Public
  • Cooling: Window Unit(s), Other
  • Electric: 220 Volts in Kitchen
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Multi-family
  • Irrigation: None
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Current Rent: 975

Tax Info

  • Assessor Parcel Number: 101-007-064-000
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

Multi Family

  • Unit 2 Partial Bathrooms: 0
  • Unit 2 Description: Studio
  • Unit 2 Occupied: No
  • Unit 2 Rents For: 1000
  • Unit 2 Type: Detached

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jul 6, 2021
Sold by
Bejarano Anna G
Bought by
Bejarano Joel A
Seller's Agent
Daniel Akulow
Access Real Estate
Buyer's Agent
Anna G Bejarano
HomeSmart PV & Associates
List Price
$250,000
Sold Price
$275,000
Premium/Discount to List
$25,000
10%
Current Estimated Value
$380,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,689
Avg. Annual Appreciation
6.27%
Original Mortgage
$206,250
Outstanding Balance
$189,156
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$164,333

Purchase Details

Listed on
May 14, 2021
Closed on
Jul 2, 2021
Sold by
Rivera Ronald L and Rivera Elizabeth J
Bought by
Bejarano Joel A
Seller's Agent
Daniel Akulow
Access Real Estate
Buyer's Agent
Anna G Bejarano
HomeSmart PV & Associates
List Price
$250,000
Sold Price
$275,000
Premium/Discount to List
$25,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Outstanding Balance
$189,156
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$164,333

Purchase Details

Listed on
Nov 11, 2014
Closed on
Feb 19, 2015
Sold by
Silva Rachelle R
Bought by
Rivera Ronald L and Rivera Elizabeth J
Seller's Agent
Rachelle Silva
PMZ Real Estate
Buyer's Agent
Rachelle Silva
PMZ Real Estate
List Price
$148,500
Sold Price
$135,000
Premium/Discount to List
-$13,500
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.82%
Original Mortgage
$101,250
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2014
Sold by
Silva Daniel L and Silva Rachelle R
Bought by
Silva Rachelle R

Purchase Details

Closed on
Mar 24, 2009
Sold by
Gmac Mortgage Llc
Bought by
Silva Daniel L and Silva Rachelle R

Purchase Details

Closed on
Nov 19, 2008
Sold by
Ramirez Jose M and Rivera Maria
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Mar 31, 2005
Sold by
Brown Paul A and Brown Linda S
Bought by
Ramirez Jose M and Rivera Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 1996
Sold by
Ferrel Edwin W and Ferrel Edwin W
Bought by
Brown Paul A and Brown Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.66%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Bejarano Joel A -- Chicago Title Company
Bejarano Joel A $275,000 Chicago Title Company
Rivera Ronald L $135,000 North American Title
Silva Rachelle R -- Old Republic Title Company
Silva Daniel L $33,000 First American Title Company
Gmac Mortgage Llc $90,650 First American Title Company
Ramirez Jose M $190,000 Fidelity National Title
Brown Paul A $55,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bejarano Joel A $206,250
Previous Owner Rivera Ronald L $101,250
Previous Owner Ramirez Jose M $247,500
Previous Owner Ramirez Jose M $152,000
Previous Owner Brown Paul A $40,000
Previous Owner Brown Paul A $55,000
Closed Ramirez Jose M $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $275,000 +10.0% $313 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $250,000 +85.2% $284 / Sq Ft
02/25/2015 02/25/15 Sold $135,000 -9.1% $99 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $148,500 -- $109 / 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 $3,260 $286,110 $72,828 $213,282
2023 $3,212 $280,500 $71,400 $209,100
2022 $3,134 $275,000 $70,000 $205,000
2021 $1,639 $149,888 $16,651 $133,237
2020 $1,671 $148,352 $16,481 $131,871
2019 $1,632 $145,444 $16,158 $129,286
2018 $1,554 $142,593 $15,842 $126,751
2017 $1,517 $139,798 $15,532 $124,266
2016 $1,488 $137,058 $15,228 $121,830
2015 $408 $37,498 $16,070 $21,428
2014 $401 $36,765 $15,756 $21,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221051976

MetroList

APN: 101-07-64