NOT LISTED FOR SALE

1116 Virginia Ave Modesto, CA 95350

Aurora Neighborhood

Estimated Value: $676,000 - $842,182

4 Beds
4 Baths
2,576 Sq Ft
$295/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $291,000 $113 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $4,326/month

60 Days on Market

Highlights

  • No HOA
  • Floor Furnace
  • 1-Story Property
  • Double Pane Windows

About This Home

As of April 2013

Very well maintained property. Two duplexes on one lot.Each 2/1, 1 car garage, own laundry area in garage, newer roof, and individual yards. Just steps away from Roseburg Square shopping, Virginia corridor, and public transportation. In the heart of desired College Area!

Last Agent to Sell the Property

Claudia Garcia

Century 21 Select Real Estate License #01265646 Listed on: 02/01/2013

Century 21 Select Real Estate

Last Buyer's Agent

Ken Elving

Matel REALTORS License #00641110

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions: 0.22

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector
  • Free-Standing Electric Range

Utilities

  • Floor Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 113-014-002-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1949
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: See Remarks
  • Listing Price: 310000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage,Varies by Unit

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Heating: Floor Furnace

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MULTI
  • Lot Size Acres: 0.2200
  • Lot Dimensions: .22
  • Lot Size Sq Ft: 9583

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 113-014-002-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Apr 10, 2013
Sold by
Muratore Frank T and Muratore Lenora Lynn
Bought by
Hills Brian V and Hills Catherine S
Seller's Agent
Claudia Garcia
Century 21 Select Real Estate
Buyer's Agent
Ken Elving
Matel REALTORS
List Price
$310,000
Sold Price
$291,000
Premium/Discount to List
-$19,000
-6.13%
Current Estimated Value
$759,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,091
Avg. Annual Appreciation
7.83%
Original Mortgage
$202,500
Outstanding Balance
$138,185
Interest Rate
2.75%
Mortgage Type
Commercial
Estimated Equity
$620,906

Purchase Details

Closed on
Feb 10, 2009
Sold by
Muratore Frank T and Muratore Lenora J
Bought by
Muratore Frank T and Muratore Lenora Lynn
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
Hills Brian V $291,000 First American Title Company
Muratore Frank T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hills Brian V $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2013 04/12/13 Sold $291,000 -6.1% $113 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $310,000 -- $120 / 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
2025 $4,190 $358,332 $98,509 $259,823
2024 $4,003 $351,307 $96,578 $254,729
2023 $3,944 $344,420 $94,685 $249,735
2022 $3,848 $337,668 $92,829 $244,839
2021 $3,619 $331,048 $91,009 $240,039
2020 $3,691 $327,654 $90,076 $237,578
2019 $3,605 $321,230 $88,310 $232,920
2018 $3,432 $314,932 $86,579 $228,353
2017 $3,350 $308,758 $84,882 $223,876
2016 $3,286 $302,705 $83,218 $219,487
2015 $3,242 $298,159 $81,968 $216,191
2014 $3,192 $292,320 $80,363 $211,957
Source: Public Records

Agents Affiliated with this Home

  • Claudia Garcia

    Seller's Agent in 2013

    Claudia Garcia

    Century 21 Select Real Estate

    (209) 844-1702

    33 Total Sales

    Claudia Garcia
    Section Image
  • Ken Elving

    Buyer's Agent in 2013

    Ken Elving

    Matel REALTORS

    (209) 610-5081

    2 in this area

    74 Total Sales

    Ken Elving
    Section Image
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Map

Source: MetroList

MLS Number: 13005850

MetroList

APN: 113-14-02

California Stanislaus County Modesto 95350 Aurora

1116 Virginia Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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