NOT LISTED FOR SALE

Estimated Value: $413,000 - $512,000

6 Beds
3 Baths
-- Sq Ft
6,325 Sq Ft Lot

Last Sold February 26, 2016

Last sale price $250,000

Est. 91% increase in value since last sale

Current estimated payment $2,790/month

183 Days on Market

Highlights

  • Contemporary Architecture
  • Covered Patio or Porch
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

As of February 2016

Great investment opportunity with this Modesto triplex. All three units are 2 bedroom one bath. Tenant parking is available in the back of the building. Good income approx $27,000 gross annually.

Last Agent to Sell the Property

Carla De Jong

PMZ Real Estate License #01299941 Listed on: 08/25/2015

PMZ Real Estate

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 6,325 Sq Ft Lot
  • Lot Dimensions: 6326

Parking

  • 1 Parking Space Included

Home Design

  • Triplex
  • Contemporary Architecture
  • Composition Roof

Additional Features

  • 1-Story Property
  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 107-008-014-000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 1 Vacant Unit
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1977
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: None
  • Listing Price: 265000.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Parking Features: 1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R3
  • Lot Size Acres: 0.1452
  • Lot Dimensions: 6326
  • Lot Size Sq Ft: 6325

Rental Info

  • Tenant Pays: Electricity
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 2
  • Number of Units: 3
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 107-008-014-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Adams Jr Ronald G
Bought by
Adams Family 2022 Revocable Trust
Current Estimated Value
$477,579

Purchase Details

Closed on
Apr 13, 2018
Sold by
Adams Ronald G and Adams Robnald G
Bought by
Adams Ronald G and Adams Angela Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2015
Closed on
Feb 24, 2016
Sold by
Hegarty David B
Bought by
Adams Ronald G
Seller's Agent
Carla De Jong
PMZ Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$165,000
Sold Price
$250,000
Premium/Discount to List
$85,000
51.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$245,471
Interest Rate
4.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adams Family 2022 Revocable Trust -- None Listed On Document
Adams Ronald G -- Lawyers Title
Adams Ronald G $250,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Ronald G $245,000
Previous Owner Adams Ronald G $245,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2016 02/26/16 Sold $250,000 +51.5% --
02/24/2016 02/24/16 Pending -- -- --
08/25/2015 08/25/15 For Sale $165,000 -- --
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 $3,461 $295,942 $82,861 $213,081
2024 $3,306 $290,140 $81,237 $208,903
2023 $3,257 $284,452 $79,645 $204,807
2022 $3,178 $278,876 $78,084 $200,792
2021 $2,989 $273,408 $76,553 $196,855
2020 $3,048 $270,606 $75,769 $194,837
2019 $2,978 $265,301 $74,284 $191,017
2018 $2,835 $260,100 $72,828 $187,272
2017 $2,767 $255,000 $71,400 $183,600
2016 $2,560 $235,780 $73,222 $162,558
2015 $2,525 $232,240 $72,123 $160,117
2014 $2,486 $227,692 $70,711 $156,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15056363

MetroList

APN: 107-08-14