NOT LISTED FOR SALE

1121 Roselawn Ave Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $520,575 - $594,000

8 Beds
4 Baths
3,744 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 26, 2015

Last sale price $260,000 $69 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,225/month

38 Days on Market

Highlights

  • No HOA
  • 4 Car Garage
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of March 2015

Well maintained 4-plex with brand new roof, paint and windows. Flooring inside units is tile and laminate mostly. Great investment opportunity!

Last Agent to Sell the Property

Heman Galzie

New Cal Realty, Inc. License #01422754 Listed on: 01/20/2015

Last Buyer's Agent

George Morcos

Excel Realty License #01742869

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,456

Year Built

  • Built in 1977

Lot Details

  • 0.29

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • 0.29 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 037-511-500-0

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Insurance Expense $1,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,456

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: Built-In Electric Oven,Built-In Electric Range
  • Other Equipment: None
  • Flooring: Carpet,Laminate,Tile

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts,Roof Inspection,Transfer Disclosure Statement
  • Listing Price: 289000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R4
  • Lot Size Acres: 0.2900
  • Lot Size Sq Ft: 12632

Rental Info

  • Tenant Pays: Electricity
  • Total # Leasable: 4

Multi Family

  • Income Includes: Parking
  • Insurance Expense: 1250
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 037-511-500-0
  • Current RE Taxes: 1456

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2024
Sold by
Megallaa Mina
Bought by
Megaoutlander Living Trust and Megallaa
Current Estimated Value
$557,288

Purchase Details

Listed on
Jan 20, 2015
Closed on
Mar 17, 2015
Sold by
Khan Sarwar H
Bought by
Megallaa Mina
Seller's Agent
Heman Galzie
New Cal Realty, Inc.
Buyer's Agent
George Morcos
Excel Realty
List Price
$289,000
Sold Price
$260,000
Premium/Discount to List
-$29,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$195,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2012
Sold by
Khan Sarwar
Bought by
Khan Sarwar H

Purchase Details

Closed on
Jan 5, 2011
Sold by
Khan Manjula S
Bought by
Khan Sarwar

Purchase Details

Closed on
Jul 22, 2010
Sold by
Espinosa Adolfo and Espinosa Gricel
Bought by
Khan Sarwar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2005
Sold by
Redding John C and Redding Debra
Bought by
Espinosa Adolfo and Espinosa Gricel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
2.5%
Mortgage Type
Negative Amortization
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
Megaoutlander Living Trust -- None Listed On Document
Megallaa Mina $260,000 Stewart Title Of Ca Inc
Khan Sarwar H -- Stewart Title Of California
Khan Sarwar -- Fidelity National Title Co
Khan Sarwar $130,000 Fidelity National Title Co
Espinosa Adolfo $525,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Megallaa Mina $195,000
Previous Owner Khan Sarwar $91,000
Previous Owner Espinosa Adolfo $393,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2015 03/26/15 Sold $260,000 -10.0% $69 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $289,000 -- $77 / 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 $3,654 $312,473 $48,070 $264,403
2024 $3,490 $306,347 $47,128 $259,219
2023 $3,439 $300,341 $46,204 $254,137
2022 $3,356 $294,453 $45,299 $249,154
2021 $3,156 $288,680 $44,411 $244,269
2020 $3,218 $285,721 $43,956 $241,765
2019 $3,144 $280,120 $43,095 $237,025
2018 $2,993 $274,628 $42,250 $232,378
2017 $2,921 $269,244 $41,422 $227,822
2016 $2,866 $263,965 $40,610 $223,355
2015 $1,507 $138,579 $26,650 $111,929
2014 $1,483 $135,865 $26,128 $109,737
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2015

    Heman Galzie

    New Cal Realty, Inc.

    Section Image

  • G

    Buyer's Agent in 2015

    George Morcos

    Excel Realty

See All Agents

Map

Source: MetroList

MLS Number: 15002820

MetroList

APN: 037-51-15

California Stanislaus County Modesto 95351 West Modesto

1121 Roselawn Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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