NOT LISTED FOR SALE

1102 Alamo Ave Modesto, CA 95351

Estimated Value: $618,625

6 Beds
4 Baths
2,400 Sq Ft
$258/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $595,000 $248 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,832/month

25 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Secured Garage or Parking

About This Home

As of March 2024

Amazing opportunity to own 2 homes on 1 large corner lot, ideal for living in one and renting the other, or multigenerational living. NEW BUILD!! 3 bedroom/2 bathroom and full garage in each unit.

Last Agent to Sell the Property

Sarah Garcia

Bellamia Real Estate Services License #02143587 Listed on: 06/12/2023

Last Buyer's Agent

Hugo De Hoyos

Intero Real Estate Services License #01153534

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 2022

Lot Details

  • 8,250 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Dishwasher

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Community Details

  • 2,400 Sq Ft Building
  • Gross Income $52,620

Listing and Financial Details

  • Total Actual Rent $52,620

Property Details

Home Type

Multi-Family

Year Built

2022

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2400
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Built: 2022

Interior Features

  • Kitchen: Cooktop - Gas, Dishwasher
  • Living Sq Ft: 2400
  • Stories: 1
  • Security: Secured Garage / Parking
  • Laundry: Hookups Only
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1894
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8250.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 11.40

Multi Family

  • Utilities: Individual Electric Meters
  • Income Annual Gross: 52620.00
  • Income Annual Rental: 52620
  • Income Gross Scheduled: 52620
  • Income Includes: Rents
  • Meters: Separate Electric
  • Number Of Buildings: 2
  • Tenant Expenses: All Expenses

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Ruelas Adrian and Urany Jazmin
Bought by
Adrian And Urany Ruelas Family Trust and Ruelas
Current Estimated Value
$618,625

Purchase Details

Listed on
Jun 12, 2023
Closed on
Feb 26, 2024
Sold by
Jimenez Samuel and Sanchez Ray
Bought by
Ruelas Adrian and Ruelas Urany Jazmin
Seller's Agent
Sarah Garcia
Bellamia Real Estate Services
Buyer's Agent
Hugo De Hoyos
Intero Real Estate Services
List Price
$620,000
Sold Price
$595,000
Premium/Discount to List
-$25,000
-4.03%
Views
264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.15%

Purchase Details

Closed on
Dec 8, 2023
Sold by
Jimenez Frishta
Bought by
Jimenez Samuel

Purchase Details

Closed on
Dec 5, 2023
Sold by
Gomez Penelope and Santibanez Fernando
Bought by
Jimenez Samuel and Sanchez Ray

Purchase Details

Listed on
Mar 7, 2018
Closed on
Apr 30, 2018
Sold by
Garcia Ricardo
Bought by
Gomez Penelope and Santibanez Fernado
Seller's Agent
Ricardo Gil
Gil's Real Estate
Buyer's Agent
Ricardo Gil
Gil's Real Estate
List Price
$79,990
Sold Price
$40,000
Premium/Discount to List
-$39,990
-49.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.85%

Purchase Details

Closed on
Nov 16, 2015
Sold by
Kuester Christian F and Kuester Doris J
Bought by
Garcia Ricardo
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
Adrian And Urany Ruelas Family Trust -- None Listed On Document
Ruelas Adrian $595,000 Chicago Title
Jimenez Samuel -- None Listed On Document
Jimenez Samuel $120,000 None Listed On Document
Gomez Penelope $40,000 None Available
Garcia Ricardo $39,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2024 03/08/24 Sold $595,000 -0.8% $248 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/23/2023 06/23/23 Price Changed $600,000 -3.2% $250 / Sq Ft
06/12/2023 06/12/23 For Sale $620,000 +1450.0% $258 / Sq Ft
05/04/2018 05/04/18 Sold $40,000 -50.0% -- View Prior Sale
04/05/2018 04/05/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $79,990 -- --
Source: MLSListings

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 $7,199 $606,900 $173,400 $433,500
2024 $6,908 $595,000 $170,000 $425,000
2023 $1,456 $116,800 $43,744 $73,056
2022 $1,423 $114,511 $42,887 $71,624
2021 $1,344 $112,267 $42,047 $70,220
2020 $1,355 $111,116 $41,616 $69,500
2019 $565 $40,800 $40,800 $0
2018 $472 $33,084 $31,212 $1,872
2017 $531 $39,780 $30,600 $9,180
2016 $515 $39,000 $30,000 $9,000
2015 $526 $37,590 $16,110 $21,480
2014 $513 $36,855 $15,795 $21,060
Source: Public Records

Agents Affiliated with this Home

  • Sarah Garcia

    Seller's Agent in 2024

    Sarah Garcia

    Bellamia Real Estate Services

    (209) 300-2439

    6 Total Sales

    Sarah Garcia
    Section Image
  • Hugo De Hoyos

    Buyer's Agent in 2024

    Hugo De Hoyos

    Intero Real Estate Services

    (650) 931-8300

    175 Total Sales

    Hugo De Hoyos
    Section Image
  • Ricardo Gil

    Seller's Agent in 2018

    Ricardo Gil

    Gil's Real Estate

    (209) 910-4457

    53 Total Sales

    Ricardo Gil
    Section Image
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Map

Source: MLSListings

MLS Number: ML81928361

MLSListings

APN: 038-36-17

California Stanislaus County Modesto 95351

1102 Alamo Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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