NOT LISTED FOR SALE

1117 Roselawn Ave Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $544,000 - $697,853

8 Beds
4 Baths
3,744 Sq Ft
$167/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $505,000 $135 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,790/month

1 Day on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Double Pane Windows

About This Home

As of September 2020

Rare opportunity! Well maintained, 4-plex! With NO HOA Fees! Each unit is 936 SQFT with central Heating and air, dual pane windows, Indoor laundry rooms, and four enclosed garages in well-maintained Condition. This 4-plex offers GREAT CASH FLOW and is currently fully rented by great tenants! Just a few blocks from Highway 99, Central Modesto!

Last Agent to Sell the Property

Johnny Flores

Cornerstone Homes License #01464580 Listed on: 07/16/2020

Last Buyer's Agent

Patricia Sun

Powerhouse Realty License #01124143

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.3 Acre Lot

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 037-051-014-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1977
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Laminate,Tile
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Foundation: Slab
  • Listing Price: 515000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Garage,Varies by Unit

Utilities

  • Sewer: Sewer in Street
  • Cooling: Central
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Multi-Plex
  • Lot Size Acres: 0.2973
  • Lot Size Sq Ft: 12950

Rental Info

  • Tenant Pays: Rent Only

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 037-051-014-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2024
Sold by
Louie Chacktong and Louie Janet Hui
Bought by
Louie Family Trust and Louie
Current Estimated Value
$625,951

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 25, 2020
Sold by
Leong Bruce F and Low Biniay
Bought by
Louie Chacktong and Louie Janet Hui
Seller's Agent
Johnny Flores
Cornerstone Homes
Buyer's Agent
Patricia Sun
Powerhouse Realty
List Price
$515,000
Sold Price
$505,000
Premium/Discount to List
-$10,000
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$378,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2009
Sold by
Hsbc Bank Usa Na
Bought by
Leong Bruce F and Low Binlay

Purchase Details

Closed on
Jun 27, 2008
Sold by
Ghorbani Reza
Bought by
Hsbc Bank Usa N A

Purchase Details

Closed on
Jun 24, 2005
Sold by
Ghorbani Anna Marie
Bought by
Ghorbani Reza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 23, 2005
Sold by
Tao Harry
Bought by
Ghorbani Reza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
7.75%
Mortgage Type
Unknown
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
Louie Family Trust -- None Listed On Document
Louie Chacktong $505,000 Old Republic Title Company
Leong Bruce F $120,000 Chicago Title Insurance Co
Hsbc Bank Usa N A $376,650 None Available
Ghorbani Reza -- Alliance Title Company
Ghorbani Reza $535,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Louie Chacktong $378,750
Previous Owner Ghorbani Reza $397,500
Closed Ghorbani Reza $79,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Sold $505,000 -1.9% $135 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $515,000 -- $138 / 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 $6,392 $546,626 $81,181 $465,445
2024 $6,106 $535,909 $79,590 $456,319
2023 $6,016 $525,402 $78,030 $447,372
2022 $5,870 $515,100 $76,500 $438,600
2021 $5,521 $505,000 $75,000 $430,000
2020 $1,595 $141,625 $23,601 $118,024
2019 $1,558 $138,849 $23,139 $115,710
2018 $1,484 $136,128 $22,686 $113,442
2017 $1,448 $133,460 $22,242 $111,218
2016 $1,420 $130,844 $21,806 $109,038
2015 $1,401 $128,880 $21,479 $107,401
2014 $1,380 $126,357 $21,059 $105,298
Source: Public Records

Agents Affiliated with this Home

  • Johnny Flores

    Seller's Agent in 2020

    Johnny Flores

    Cornerstone Homes

    (209) 484-4280

    11 in this area

    66 Total Sales

    Johnny Flores
    Section Image
  • Patricia Sun

    Buyer's Agent in 2020

    Patricia Sun

    Powerhouse Realty

    (209) 895-0075

    3 Total Sales

    Patricia Sun
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 20041459

MetroList

APN: 037-51-14

California Stanislaus County Modesto 95351 West Modesto

1117 Roselawn Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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