NOT LISTED FOR SALE

109 Rosemont Ave Modesto, CA 95351

Estimated Value: $417,000 - $428,197

6 Beds
4 Baths
2,197 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 08, 2013

Last sale price $177,000 $81 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,541/month

20 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • 2 Car Garage
  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of July 2013

Property type is multi family. Two three bedrooms and two baths. They have been remodeled in the past. Front house is Section 8 (tenant for several years) and back house is on a years lease. Back house is mostly tiled floors. Both homes have a one car garage attached.

Last Agent to Sell the Property

Dennis Lilly

Berkshire Hathaway HomeServices-Drysdale Properties License #00999246 Listed on: 05/29/2013

Berkshire Hathaway HomeServices-Drysdale Properties

Co-Listed By

Zach Lilly

CV and Associates License #01383138

Last Buyer's Agent

Neftali Alberto

West Coast Marketing Group License #01891667

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 1925

Lot Details

  • 6,098

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • 6,098 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity gas trash collection
  • Assessor Parcel Number 102-008-055

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$800

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1925
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2006

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Dishwasher,Disposal,Microwave,Plumbed For Ice Maker
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,See Remarks
  • Listing Price: 177900.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: See Remarks
  • Utilities: Cable Available,Dish Antenna
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: r-2
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Rental Info

  • Tenant Pays: Electricity,Gas,Trash Collection
  • Total # Leasable: 2

Multi Family

  • Gross Income: 22164
  • Income Includes: See Remarks
  • Insurance Expense: 680
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 102-008-055
  • Current RE Taxes: 800

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2020
Sold by
Tricon Sfr 2020 2 Borrower Llc
Bought by
Tricon Sfr 2020 2 Borrower Llc
Current Estimated Value
$422,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,006,000
Outstanding Balance
$429,281,648
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$428,862,409

Purchase Details

Closed on
Oct 25, 2016
Sold by
29 Sac Incu Lp
Bought by
Tah 2016-1 Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,685,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Listed on
May 29, 2013
Closed on
Jul 2, 2013
Sold by
Pacific Equity Consulting
Bought by
29 Sac Incu Lp
Seller's Agent
Dennis Lilly
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Neftali Alberto
West Coast Marketing Group
List Price
$177,900
Sold Price
$177,000
Premium/Discount to List
-$900
-0.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Mar 18, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Rancano Juan Carlos

Purchase Details

Closed on
Mar 9, 2011
Sold by
Rancano Leslie
Bought by
Rancano Juan Carlos

Purchase Details

Closed on
Jan 11, 2011
Sold by
Navarrete Mario A and Navarette Gloria Lopez
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Nov 4, 2003
Sold by
Pfau John and Pfau Elvita
Bought by
Navarrete Mario A and Navarrete Gloria Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
4.04%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 10, 2003
Sold by
Pfau John and Pfau Elvita
Bought by
Pfau John and Pfau Elvita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.61%
Mortgage Type
Commercial
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
Tricon Sfr 2020 2 Borrower Llc -- Os National Llc
Tah 2016-1 Borrower Llc -- Fidelity Natl Title Group
29 Sac Incu Lp $165,000 First American Title Company
Pacific Equity Consulting -- First American Title Company
Rancano Juan Carlos $87,500 Chicago Title Company
Rancano Juan Carlos -- Chicago Title Company
Jpmorgan Chase Bank National Association $85,477 Servicelink
Navarrete Mario A $310,000 North American Title Ins Co
Lopez Javier -- North American Title Ins Co
Pfau John $115,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tricon Sfr 2020 2 Borrower Llc $477,006,000
Closed Tah 2016-1 Borrower Llc $381,685,000
Previous Owner Navarrete Mario A $248,000
Previous Owner Pfau John $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2013 07/08/13 Sold $177,000 -0.5% $81 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $177,900 -- $81 / 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 $2,852 $250,318 $42,667 $207,651
2023 $2,810 $245,411 $41,831 $203,580
2022 $2,742 $240,600 $41,011 $199,589
2021 $2,579 $235,883 $40,207 $195,676
2020 $2,630 $233,465 $39,795 $193,670
2019 $2,569 $228,888 $39,015 $189,873
2018 $2,446 $224,400 $38,250 $186,150
2017 $2,387 $220,000 $37,500 $182,500
2016 $1,855 $170,862 $20,710 $150,152
2015 $1,830 $168,296 $20,399 $147,897
2014 $1,802 $165,000 $20,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13030269

MetroList

APN: 102-08-55