NOT LISTED FOR SALE

116 N Martin Luther King Dr Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $306,000 - $339,000

2 Beds
1 Bath
1,132 Sq Ft
$289/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $212,000 $187 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,954/month

31 Days on Market

Highlights

  • No HOA
  • Covered Deck
  • Combination Dining and Living Room
  • Double Pane Windows
  • Landscaped
  • 1-Story Property

About This Home

As of September 2020

CALLING ALL INVESTORS/CONTRACTORS! Great opportunity, HUGE Corner lot for all your toys. VALUE is in the LOCATION! Corner Lot & Alley Access, near schools, shopping, city bus & Hwy 99.Great for Investorsfor or Fist Time Home Buyers.

Last Agent to Sell the Property

Roberto Sanchez

Approved Real Estate Group License #01753919 Listed on: 06/02/2020

Co-Listed By

Jorge Espino

Approved Real Estate Group License #01466336

Last Buyer's Agent

Silvia Lemus

EXIT Realty Consultants License #02062790

EXIT Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 1948

Lot Details

  • 7,000 Sq Ft Lot
  • Landscaped

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,132 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Combination Dining and Living Room

Kitchen

  • Gas Cooktop
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Open Parking Spaces
  • No Garage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Additional Features

  • Energy-Efficient Thermostat
  • Covered Deck

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 101-005-001-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,563

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 1948
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Cook Top
  • Flooring: Carpet,Tile
  • Possible Bedrooms: 4
  • Bathroom Features: Tile,Tub w/Shower Over
  • Bathrooms: 1.00
  • Dining Room Features: Dining/Living Combo
  • Kitchen Features: Laminate Counter
  • Room Type: Baths Other,Bonus Room
  • Price Per Square Foot: 187.28
  • Square Footage: 1132
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Brick,Shingle Siding,Wood
  • Foundation: Slab
  • Horse Property: No
  • Listing Price: 209000.00
  • Lot Features: Landscape Front
  • Patio And Porch Features: Covered Deck
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 3
  • Parking Features: No Garage

Utilities

  • Sewer: Public Sewer
  • Utilities: All Public,Natural Gas Connected
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: See Remarks
  • Water Source: Meter on Site,Meter Paid

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R
  • Irrigation: None
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Green Features

  • Energy Efficient: Thermostat

Rental Info

  • Current Rent: 1200

Tax Info

  • Assessor Parcel Number: 101-005-001-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Aug 14, 2020
Sold by
Espinosa Anita and Espinosa Anita
Bought by
Nunez Jesus Rolando and Zavala Maria Elena
Seller's Agent
Roberto Sanchez
Approved Real Estate Group
Buyer's Agent
Silvia Lemus
EXIT Realty Consultants
List Price
$229,000
Sold Price
$212,000
Premium/Discount to List
-$17,000
-7.42%
Current Estimated Value
$326,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,742
Avg. Annual Appreciation
7.12%
Original Mortgage
$201,400
Outstanding Balance
$180,033
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$118,807

Purchase Details

Closed on
Nov 1, 2010
Sold by
G8 Capital Llc
Bought by
Espinosa Anita

Purchase Details

Closed on
Sep 30, 2010
Sold by
Fannie Mae
Bought by
G8 Capital Llc

Purchase Details

Closed on
Sep 30, 2009
Sold by
Lopez Cipriano
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 24, 2004
Sold by
Romano Louis J and Romano Joyce C
Bought by
Lopez Cipriano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2003
Sold by
Romano Louis and Romano Joyce
Bought by
Romano Louis J and Romano Joyce C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,200
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
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
Nunez Jesus Rolando $212,000 First American Title Company
Espinosa Anita -- First American Title Company
Espinosa Anita $33,500 Chicago Title Company
G8 Capital Llc $21,006 None Available
Federal National Mortgage Association $277,301 Landsafe Title
Lopez Cipriano $155,000 Fidelity National Title
Romano Louis J -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Jesus Rolando $201,400
Previous Owner Espino Anita $135,000
Previous Owner Lopez Cipriano $252,000
Previous Owner Lopez Cipriano $232,000
Previous Owner Lopez Cipriano $168,000
Previous Owner Lopez Cipriano $124,000
Previous Owner Romano Louis J $57,200
Closed Lopez Cipriano $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $212,000 +1.4% $187 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $209,000 -8.7% $185 / Sq Ft
06/02/2020 06/02/20 For Sale $229,000 -- $202 / 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
2024 $2,563 $224,974 $116,732 $108,242
2023 $2,526 $220,564 $114,444 $106,120
2022 $2,464 $216,240 $112,200 $104,040
2021 $2,318 $212,000 $110,000 $102,000
2020 $435 $38,651 $17,568 $21,083
2019 $425 $37,894 $17,224 $20,670
2018 $405 $37,152 $16,887 $20,265
2017 $395 $36,424 $16,556 $19,868
2016 $388 $35,711 $16,232 $19,479
2015 $382 $35,176 $15,989 $19,187
2014 $377 $34,488 $15,676 $18,812
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20031483

MetroList

APN: 101-05-01