NOT LISTED FOR SALE

1107 Tully Rd Modesto, CA 95350

5 Beds
4 Baths
2,000 Sq Ft
0.49 Acres

Last Sold February 28, 2014

Last sale price $570,000 $285 Per Sq Ft

126 Days on Market

About This Home

As of February 2014

Nice 13 unit apartment complex just South of Roseburg. Nice quaint community, 8 ground level units include two 2 bedrooms with fireplace and six 1 bedrooms. Upstairs there are 5 single story one bedroom units. Carport and street parking. Cash flow statement for 2012 and year to date 2013 provided by Liberty Property Mgt. Rent range from $495 to $595. Square footage is approx and not yet calculated built in 1957, block construction, T&G roof, 21,344 foot lot, uncovered court yard.

Last Agent to Sell the Property

Phil Schmidt

HomeSmart PV & Associates License #00496064 Listed on: 10/08/2013

HomeSmart PV & Associates

Last Buyer's Agent

Jeff Diehl

Diehl Real Estate License #00744943

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,171

Year Built

  • Built in 1957

Lot Details

  • 0.49

Parking

  • 1 Parking Space Included

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Fire and Smoke Detector

Additional Features

  • 0.49 Acre Lot
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 115-006-065

Community Details

Overview

  • No Home Owners Association
  • 13 Units
  • College Gardens Subdivision

Building Details

  • 12 Leased Units
  • 1 Vacant Unit
  • 12 Units Leased Month-To-Month
  • Operating Expense $48,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,171

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1957
  • Architectural Style: Contemporary,Ranch
  • Stories: 1
  • Subdivision: College Gardens
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Electric Cook Top,Free Standing Refrigerator,Varies By Unit
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Block,Brick,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 685000.00
  • Patio And Porch Features: Uncovered Deck,Uncovered Patio
  • Roof: Flat,Tar/Gravel

Garage/Parking

  • Parking Features: Carport,Street,1 Space Per Unit

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Available,Cable Connected,Dish Antenna
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas,Wall Furnace

Condo/Co-op/Association

  • Association Features: Extra Storage,Patios/Balcony
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-3
  • Lot Size Acres: 0.4900
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 21344

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 13

Multi Family

  • Operating Expense: 48280
  • Income Includes: Rent Only
  • Number of Leased Units: 12
  • Number of Month to Month Units: 12
  • Number of Units: 13
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 115-006-065
  • Current RE Taxes: 4171

MLS Schools

  • School District (County): Stanislaus
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Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $570,000 -26.5% $285 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
10/08/2013 10/08/13 For Sale $775,000 -- $388 / Sq Ft
Source: MetroList

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 $8,171 $698,732 $110,323 $588,409
2024 $7,805 $685,032 $108,160 $576,872
2023 $7,690 $671,601 $106,040 $565,561
2022 $7,504 $658,433 $103,961 $554,472
2021 $7,058 $645,523 $101,923 $543,600
2020 $7,196 $638,905 $100,878 $538,027
2019 $7,030 $626,378 $98,900 $527,478
2018 $6,692 $614,097 $96,961 $517,136
2017 $6,533 $602,057 $95,060 $506,997
2016 $6,408 $590,253 $93,197 $497,056
2015 $6,321 $581,388 $91,798 $489,590
2014 $4,960 $454,252 $133,597 $320,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13059953

MetroList