NOT LISTED FOR SALE

1127 Sonora Ave Modesto, CA 95351

Bystorm Neighborhood

Estimated Value: $370,000 - $508,000

8 Beds
4 Baths
2,496 Sq Ft
$171/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $209,900 $84 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,486/month

66 Days on Market

Highlights

  • No HOA
  • Garage
  • 5-minute walk to Mancini Park
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of August 2015

Don't miss this great opportunity to own a unique duplex next to school, park and shopping!

Last Agent to Sell the Property

Lillian Wang

Century 21 MM License #01778156 Listed on: 05/03/2015

Century 21 MM

Last Buyer's Agent

Alvin Prasad

RE/MAX Executive License #01779078

RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 5,998

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • 5,998 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity rent only
  • Assessor Parcel Number 038-048-044-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Operating Expense $3,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1973
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Appliances: Built-In Gas Oven,Gas Cook Top
  • Other Equipment: None
  • Flooring: Carpet,Laminate,Tile,Varies by Unit

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 230000.00
  • Roof: Composition

Garage/Parking

  • 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: R-1
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 5998

Rental Info

  • Tenant Pays: Electricity,Rent Only
  • Total # Leasable: 2

Multi Family

  • Operating Expense: 3500
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 038-048-044-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2015
Closed on
Aug 19, 2015
Sold by
Andrade Salvador M
Bought by
Valencia Elidia
Seller's Agent
Lillian Wang
Century 21 MM
Buyer's Agent
Alvin Prasad
RE/MAX Executive
List Price
$290,000
Sold Price
$209,900
Premium/Discount to List
-$80,100
-27.62%
Current Estimated Value
$427,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,329
Avg. Annual Appreciation
7.10%
Original Mortgage
$157,425
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2014
Sold by
Lau Jim
Bought by
Lau Jim

Purchase Details

Closed on
Feb 9, 2008
Sold by
Lau Jim and Lau Wan
Bought by
J & W Lau Investment Properties Llc

Purchase Details

Closed on
Mar 29, 1994
Sold by
Spicer Peter F and Spicer Vernette G
Bought by
Lau Jim and Lau Wan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.87%
Mortgage Type
Commercial
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
Valencia Elidia -- Stewart Title Of Ca Inc
Valencia Elidia $210,000 Stewart Title Of Ca Inc
J & W Lau Investment Properties Llc -- Stewart Title Of Ca Inc
Lau Jim -- None Available
J & W Lau Investment Properties Llc -- None Available
Lau Jim $127,000 Chicago Title Company
Lau Jim $127,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valencia Elidia $157,425
Previous Owner Lau Jim $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $209,900 -27.6% $84 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $290,000 -- $116 / 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 $3,052 $248,589 $42,614 $205,975
2024 $2,921 $243,716 $41,779 $201,937
2023 $2,880 $238,938 $40,960 $197,978
2022 $2,813 $234,254 $40,157 $194,097
2021 $2,655 $229,662 $39,370 $190,292
2020 $2,704 $227,308 $38,967 $188,341
2019 $2,645 $222,852 $38,203 $184,649
2018 $2,525 $218,483 $37,454 $181,029
2017 $2,468 $214,200 $36,720 $177,480
2016 $2,423 $210,000 $36,000 $174,000
2015 $2,093 $179,601 $49,494 $130,107
2014 -- $176,084 $48,525 $127,559
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lillian Wang

    Century 21 MM

    Section Image
  • Alvin Prasad

    Buyer's Agent in 2015

    Alvin Prasad

    RE/MAX

    (209) 605-8471

    11 Total Sales

    Alvin Prasad
    Section Image
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Map

Source: MetroList

MLS Number: 15028181

MetroList

APN: 038-48-44

California Stanislaus County Modesto 95351 Bystorm

1127 Sonora Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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