NOT LISTED FOR SALE

111 Santa Barbara Ave Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $67,318

0.15 Acre
$458,257 Price per Acre
6,399 Sq Ft Lot

Last Sold May 13, 2024

Last sale price $130,000

Est. 48% decrease in value since last sale

Current estimated payment $409/month

167 Days on Market

About This Lot

As of May 2024

Spacious vacant lot represents a unique investment opportunity in a prime location. Close to downtown, with shopping options, restaurants and entertainment venues. Zoned C2, this property offers a range of potential uses and it may allow for R2 development with the acquisition of a conditional use permit. Buyer to confirm land use and utilities with the City.

Last Agent to Sell the Property

Stacy Granberg

EXIT Realty Consultants License #02115628 Listed on: 10/03/2023

EXIT Realty Consultants

Last Buyer's Agent

Mike Pappas

Realty ONE Group Zoom License #01272062

Realty ONE Group Zoom

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $508

Lot Details

  • 6,399 Sq Ft Lot
  • Possible uses of the property include Residential, Commercial
  • Property is zoned C2, Commercial,Multi-Residential

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 108-014-013-000

Property Details

Property Type

Land

Est. Annual Taxes

$508

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Commercial Lot
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 149000.00
  • Lot Features: Curb(s), Shape Regular, Sidewalk(s), Gutter(s), Street Light(s)
  • New Construction: No
  • Pool: No
  • Road Frontage: City Street
  • Spa: No
  • Topography: LevelLevel
  • Additional Living Units: No

Utilities

  • Sewer: Sewer Available
  • Utilities: Public, Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning: C2
  • Crops: None
  • Current Use: Vacant
  • Development Status: See Remarks, Other
  • Zoning Description: Commercial,Multi-Residential
  • Irrigation: None
  • Lot Size Acres: 0.1469
  • Lot Size Sq Ft: 6399.00
  • Possible Use: Residential, Commercial
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["None"]

Tax Info

  • Assessor Parcel Number: 108-014-013-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Apr 25, 2024
Sold by
Bornstein Art
Bought by
Amar Kumar Trust and Kumar
Seller's Agent
Stacy Granberg
EXIT Realty Consultants
Buyer's Agent
Mike Pappas
Realty ONE Group Zoom
List Price
$175,000
Sold Price
$130,000
Premium/Discount to List
-$45,000
-25.71%
Views
470
Current Estimated Value
$67,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,682
Avg. Annual Appreciation
-40.93%
Original Mortgage
$95,000
Outstanding Balance
$93,733
Interest Rate
6.79%
Mortgage Type
Seller Take Back
Estimated Equity
-$27,115

Purchase Details

Closed on
Nov 16, 2017
Sold by
Hensley Richard H and Hensley Marjorie F
Bought by
Bornstein Art

Purchase Details

Closed on
Aug 28, 2007
Sold by
Hensley Richard H and Hensley Marjorie F
Bought by
Hensley Richard H and Hensley Marjorie F
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
Amar Kumar Trust $130,000 First American Title
Bornstein Art -- First American Title
Bornstein Art $40,000 Stewart Title Of Ca Inc
Hensley Richard H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amar Kumar Trust $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $130,000 0.0% --
03/28/2024 03/28/24 Off Market $130,000 -- --
03/18/2024 03/18/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $149,000 -3.9% --
11/22/2023 11/22/23 Price Changed $155,000 -6.1% --
10/20/2023 10/20/23 Price Changed $165,000 -5.7% --
10/03/2023 10/03/23 For Sale $175,000 -- --
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 $508 $44,618 $44,618 --
2023 $501 $43,744 $43,744 $0
2022 $489 $42,887 $42,887 $0
2021 $460 $42,047 $42,047 $0
2020 $469 $41,616 $41,616 $0
2019 $458 $40,800 $40,800 $0
2018 $436 $40,000 $40,000 $0
2017 $439 $40,449 $40,449 $0
2016 $430 $39,656 $39,656 $0
2015 $425 $39,061 $39,061 $0
2014 $418 $38,296 $38,296 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223095305

MetroList

APN: 108-14-13