NOT LISTED FOR SALE

1101 Colorado Ave Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $465,000 - $595,288

10 Beds
4 Baths
3,470 Sq Ft
$150/Sq Ft Est. Value

Last Sold December 07, 2016

Last sale price $300,000 $86 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,104/month

179 Days on Market

Highlights

  • A-Frame Home
  • No HOA
  • 1-Story Property
  • Property is near public transit

About This Home

As of December 2016

Nice corner lot 4-plex with 2 units on Colorado Avenue & 2 units on Snead Drive.Colorado units have 3 bedrooms,1 bath & a car garage each.Snead units have 2 bedrooms,1 bath and share a 2-car garage.Great investment opportunity!!!!!!!

Last Agent to Sell the Property

Vijay Shankar

Shankar Real Estate & Property Management License #01212132 Listed on: 05/05/2016

Last Buyer's Agent

Robert Ortiz

HomeSmart PV & Associates License #01408206

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 1969

Lot Details

  • 0.28

Home Design

  • Quadruplex
  • A-Frame Home
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Additional Features

  • 0.28 Acre Lot
  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Security Deposit $3,975
  • Tenant pays for rent only
  • Assessor Parcel Number 037-038-013-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,889

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1969
  • Architectural Style: A-Frame
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2013

Interior Features

  • Appliances: Built-In Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Tile
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 314900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Evaporative Cooler
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.2789
  • Lot Size Sq Ft: 12149

Rental Info

  • Tenant Pays: Rent Only
  • Total Deposit: 3975
  • Total # Leasable: 4

Multi Family

  • Gross Income: 35700
  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 037-038-013-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
Nov 28, 2016
Sold by
Trujillo Leopoldo and Trujillo Mario
Bought by
Alvarado Vicente Gonzalez
Seller's Agent
Vijay Shankar
Shankar Real Estate & Property Management
Buyer's Agent
Robert Ortiz
HomeSmart PV & Associates
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Current Estimated Value
$521,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,763
Avg. Annual Appreciation
6.50%
Original Mortgage
$225,000
Outstanding Balance
$181,883
Interest Rate
3.47%
Mortgage Type
Commercial
Estimated Equity
$339,880

Purchase Details

Closed on
Oct 26, 2012
Sold by
Cortez Angelberto and Cortez Emilia
Bought by
Trujillo Leopoldo and Trujillo Mario

Purchase Details

Closed on
Jan 27, 2005
Sold by
Cortez Angelberto and Cortez Emilia
Bought by
Cortez Angelberto and Cortez Emilia

Purchase Details

Closed on
Jul 20, 2004
Sold by
Linares Leonel F and Linares Gloria P
Bought by
Cortez Angelberto and Cortez Emilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2003
Sold by
Linares Leonel F and Linares Gloria P
Bought by
Linares Leonel F and Linares Gloria P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2003
Sold by
Linares Leonel F and Linares Gloria P
Bought by
Linares Leonel F and Linares Gloria P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alvarado Vicente Gonzalez $300,000 First American Title Company
Trujillo Mario -- First American Title Company
Trujillo Leopoldo -- First American Title Company
Trujillo Leopoldo $135,000 Fidelity National Title Co
Cortez Angelberto -- --
Cortez Angelberto $450,000 Chicago Title Company
Linares Leonel F -- Alliance Title Company
Linares Leonel F -- Alliance Title Company
Linares Leonel F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarado Vicente Gonzalez $225,000
Previous Owner Cortez Angelberto $337,500
Previous Owner Linares Leonel F $311,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2016 12/07/16 Sold $300,000 -7.7% $86 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $325,000 -- $94 / 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 $3,889 $341,342 $61,439 $279,903
2023 $3,832 $334,650 $60,235 $274,415
2022 $3,739 $328,089 $59,054 $269,035
2021 $3,517 $321,657 $57,897 $263,760
2020 $3,586 $318,360 $57,304 $261,056
2019 $3,503 $312,119 $56,181 $255,938
2018 $3,335 $306,000 $55,080 $250,920
2017 $3,255 $300,000 $54,000 $246,000
2016 $1,524 $140,429 $31,206 $109,223
2015 $1,504 $138,321 $30,738 $107,583
2014 $1,481 $135,612 $30,136 $105,476
Source: Public Records

Agents Affiliated with this Home

  • Vijay Shankar

    Seller's Agent in 2016

    Vijay Shankar

    Shankar Real Estate & Property Management

    (209) 531-3255

    3 in this area

    32 Total Sales

    Vijay Shankar
    Section Image

  • R

    Buyer's Agent in 2016

    Robert Ortiz

    HomeSmart PV & Associates

    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 16027782

MetroList

APN: 037-38-13

California Stanislaus County Modesto 95351 West Modesto

1101 Colorado Ave, Modesto, CA

This home is located at 1101 Colorado Ave, Modesto, CA 95351 since 05 May 2016 and is currently estimated at $521,763, approximately $150 per square foot. This property was built in 1969. 1101 Colorado Ave is a home located in Stanislaus County with nearby schools including Robertson Road Elementary School, Evelyn Hanshaw Middle School, and Modesto High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes