NOT LISTED FOR SALE

1102 Tully Rd Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $747,367 - $834,000

5 Beds
4 Baths
-- Sq Ft
5,985 Sq Ft Lot

Last Sold January 31, 2022

Last sale price $710,000

Est. 10% increase in value since last sale

Current estimated payment $4,819/month

80 Days on Market

Highlights

  • Corner Lot
  • Fenced Yard
  • Ceiling Fan
  • No HOA
  • Enclosed Patio or Porch
  • Refrigerated and Evaporative Cooling System

About This Home

As of January 2022

LOCATION LOCATION LOCATION. Long term tenants with great rent history. Close to Modesto Jr. College, Downtown Modesto, freeways, and Shopping. Great investment property with possible upside income.

Last Agent to Sell the Property

Radni Youkhaneh

HomeSmart PV & Associates License #01296782 Listed on: 09/11/2021

HomeSmart PV & Associates

Last Buyer's Agent

Radni Youkhaneh

HomeSmart PV & Associates License #01296782 Listed on: 09/11/2021

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,146

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 5,985 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Quadruplex
  • Garden Apartment
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • ENERGY STAR Qualified Windows

Flooring

  • Carpet
  • Linoleum

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Refrigerated and Evaporative Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 114-001-002-00

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Insurance Expense $2,289
  • Maintenance Expense $780
  • Professional Management Expense $150
  • Net Operating Income $38,814

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,146

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Garden Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 1
  • Year Built: 1957
  • Levels: One
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Linoleum

Exterior Features

  • Construction Materials: Stucco, Wood
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Raised
  • Listing Price: 749900.00
  • Lot Features: Auto Sprinkler F&R, Corner, Shape Regular, Sidewalk
  • Patio And Porch Features: Varies by Unit, Enclosed Patio
  • Property Condition: Updated/Remodeled, Varies by Unit
  • Roof: Composition
  • Topography: Level

Garage/Parking

  • Carport Spaces: 4.00
  • Covered Parking Spaces: 4.00
  • Parking Features: Carport, Covered
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Electric, City
  • Cooling: Ceiling Fan(s), Wall Unit(s), Evaporative Cooler, Window Unit(s), Varies by Unit
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Owned, In Each Unit, Washer/Dryer Hookups
  • Water Source: Meter on Site, Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MULTIFAMILY
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.1374
  • Lot Size Sq Ft: 5985.00

Green Features

  • Energy Efficient: Windows

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: Month To Month
  • Owner Occupied Units: 4
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 2289
  • Maintenance Expense: 780
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4

Tax Info

  • Assessor Parcel Number: 114-001-002-00
  • Current RE Taxes: 4146
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2025
Sold by
Kalluri Vinay Kumar
Bought by
1102 Tully Rd Statutory Trust and Legacy Estate Wy Holding Llc
Current Estimated Value
$779,703

Purchase Details

Listed on
Sep 11, 2021
Closed on
Jan 20, 2022
Sold by
Charles Alain and Charles Paula T
Bought by
Kalluri Vinay Kumar
Seller's Agent
Radni Youkhaneh
HomeSmart PV & Associates
Buyer's Agent
Radni Youkhaneh
HomeSmart PV & Associates
Sold Price
$710,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.80%
Original Mortgage
$568,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2014
Closed on
Sep 15, 2014
Sold by
Imanaka Kenneth and Imanaka Peggy J
Bought by
Charles Alain and Charles Paula T
Seller's Agent
Radni Youkhaneh
HomeSmart PV & Associates
Buyer's Agent
Radni Youkhaneh
HomeSmart PV & Associates
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Original Mortgage
$332,373
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 17, 2012
Closed on
May 2, 2012
Sold by
Stan Boyett & Son Inc
Bought by
Imanaka Kenneth and Imanaka Peggy J
Seller's Agent
Jocelyn Singh
PMZ Real Estate
Buyer's Agent
David Williams
Reed Realty
List Price
$229,900
Sold Price
$222,500
Premium/Discount to List
-$7,400
-3.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.85%
Original Mortgage
$166,850
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 2011
Sold by
Luna Roberto
Bought by
Stan Boyett & Son Inc

Purchase Details

Closed on
Jun 18, 2004
Sold by
Luna Maria
Bought by
Luna Roberto

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
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 1998
Sold by
John Quaresma and John Douglas
Bought by
Quaresma John and Quaresma Douglas
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
1102 Tully Rd Statutory Trust -- None Listed On Document
Kalluri Vinay Kumar $710,000 First American Title
Charles Alain $335,000 First American Title Company
Imanaka Kenneth $222,500 Chicago Title Company
Stan Boyett & Son Inc $157,987 None Available
Luna Roberto -- Alliance Title Company
Luna Roberto $375,000 Alliance Title Company
Quaresma John -- --
Quaresma John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kalluri Vinay Kumar $568,000
Previous Owner Charles Alain $332,373
Previous Owner Imanaka Kenneth $166,850
Previous Owner Luna Roberto $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2022 01/31/22 Sold $710,000 0.0% --
01/01/2022 01/01/22 Off Market $710,000 -- --
11/30/2021 11/30/21 Pending -- -- --
11/30/2021 11/30/21 For Sale -- -- --
10/25/2021 10/25/21 Pending -- -- --
09/11/2021 09/11/21 For Sale $749,900 +123.9% --
09/18/2014 09/18/14 Sold $335,000 -4.3% $118 / Sq Ft View Prior Sale
07/29/2014 07/29/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $350,000 +57.3% $123 / Sq Ft
05/07/2012 05/07/12 Sold $222,500 -3.2% -- View Prior Sale
03/29/2012 03/29/12 Pending -- -- --
01/17/2012 01/17/12 For Sale $229,900 -- --
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 $8,811 $753,457 $63,672 $689,785
2024 $8,417 $738,684 $62,424 $676,260
2023 $8,293 $724,200 $61,200 $663,000
2022 $4,324 $379,390 $90,599 $288,791
2021 $4,067 $371,952 $88,823 $283,129
2020 $4,146 $368,139 $87,913 $280,226
2019 $4,051 $360,922 $86,190 $274,732
2018 $3,856 $353,846 $84,500 $269,346
2017 $3,764 $346,909 $82,844 $264,065
2016 $3,692 $340,108 $81,220 $258,888
2015 $3,642 $335,000 $80,000 $255,000
2014 $2,489 $227,979 $25,615 $202,364
Source: Public Records

Agents Affiliated with this Home

  • Radni Youkhaneh

    Seller's Agent in 2022

    Radni Youkhaneh

    HomeSmart PV & Associates

    (209) 602-8719

    4 in this area

    20 Total Sales

    Radni Youkhaneh
    Section Image
  • Jocelyn Singh

    Seller's Agent in 2012

    Jocelyn Singh

    PMZ Real Estate

    (209) 606-1321

    8 in this area

    98 Total Sales

    Jocelyn Singh
    Section Image
  • David Williams

    Buyer's Agent in 2012

    David Williams

    Reed Realty

    (209) 664-1176

    2 in this area

    37 Total Sales

    David Williams
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 221116243

MetroList

APN: 114-01-02

California Stanislaus County Modesto 95350 Central Modesto

1102 Tully Rd, Modesto, CA

Not Listed for Sale

MultiFamily

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