NOT LISTED FOR SALE

1100 Roselawn Ave Modesto, CA 95351

Estimated Value: $323,066 - $416,000

4 Beds
2 Baths
1,500 Sq Ft
$239/Sq Ft Est. Value

Last Sold June 20, 2013

Last sale price $98,000 $65 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $2,058/month

1 Day on Market

About This Home

As of June 2013

Great Investment Property

Last Agent to Sell the Property

Ron Laffranchi

Fairway Financial Mortgage & Real Estate Inc. License #00803622 Listed on: 03/14/2013

Last Buyer's Agent

Larry Reid

HomeSmart PV & Associates License #00415664

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,889

Year Built

  • Built in 1969

Lot Details

  • 6,490

Home Design

  • Duplex
  • Wood Roof

Additional Features

  • 1-Story Property
  • 6,490 Sq Ft Lot
  • Window Unit Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity trash collection
  • Assessor Parcel Number 037-038-0

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,889

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1969
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Oven,Built-In Gas Range
  • Other Equipment: None
  • Flooring: Carpet,Tile

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 60000.00
  • Roof: Wood

Garage/Parking

  • Parking Features: Garage,Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: See Remarks

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-2
  • Lot Size Acres: 0.1490
  • Lot Size Sq Ft: 6490

Rental Info

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

Multi Family

  • Gross Income: 15240
  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 700
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 037-038-0

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2013
Sold by
Prosperous Investment Properties Llc
Bought by
Flores Norma
Current Estimated Value
$358,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Outstanding Balance
$77,940
Interest Rate
4.17%
Mortgage Type
Commercial
Estimated Equity
$272,302

Purchase Details

Listed on
Mar 14, 2013
Closed on
Jun 10, 2013
Sold by
Hayward Donald W and Hayward Mary
Bought by
Prosperous Investment Llc
Seller's Agent
Ron Laffranchi
Fairway Financial Mortgage & Real Estate Inc.
Buyer's Agent
Larry Reid
HomeSmart PV & Associates
List Price
$60,000
Sold Price
$98,000
Premium/Discount to List
$38,000
63.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%
Original Mortgage
$68,600
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 2004
Sold by
Robles Jose and Robles Victorina
Bought by
Hayward Donald W and Hayward Mary

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
4.13%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 26, 1999
Sold by
Pedota Diane T
Bought by
Robles Jose and Robles Victorina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,415
Interest Rate
7.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 12, 1995
Sold by
Pedota Diane T
Bought by
Pedota Diane T
Source: Public Records

Range of Values:

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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
Flores Norma $138,000 First American Title Company
Prosperous Investment Llc $98,000 First American Title Company
Hayward Donald W $255,000 Alliance Title Company
Robles Jose -- First American Title Ins Co
Pedota Diane T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Norma $103,500
Previous Owner Prosperous Investment Llc $68,600
Previous Owner Hayward Donald W $50,000
Previous Owner Hayward Donald W $204,000
Previous Owner Robles Jose $7,415
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2013 06/20/13 Sold $98,000 +63.3% $65 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $60,000 -- $40 / 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 $1,889 $165,841 $24,031 $141,810
2023 $1,862 $162,590 $23,560 $139,030
2022 $1,817 $159,403 $23,099 $136,304
2021 $1,709 $156,279 $22,647 $133,632
2020 $1,742 $154,677 $22,415 $132,262
2019 $1,702 $151,645 $21,976 $129,669
2018 $1,620 $148,673 $21,546 $127,127
2017 $1,582 $145,759 $21,124 $124,635
2016 $1,551 $142,902 $20,710 $122,192
2015 $1,530 $140,756 $20,399 $120,357
2014 $1,507 $138,000 $20,000 $118,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13013850

MetroList

APN: 037-38-39