NOT LISTED FOR SALE

120 E Fairmont Ave Modesto, CA 95354

Central Modesto Neighborhood
8 Beds
4 Baths
3,325 Sq Ft
0.51 Acre Lot

Sale Details

Date Sold: June 29, 2018

Last sale price $1,500,000 $451 Per Sq Ft

9 Days on Market

Highlights

  • 0.51 Acre Lot
  • Central Heating and Cooling System
  • Community Storage Space
  • No HOA
  • Laundry Facilities

About This Home

As of June 2018

-DOWNTOWN MODESTO-
REMODELED 2 BEDROOM 1 BATH UPSTAIRS UNIT

AMENITITES:
- LAMINATE FLOORING
- NEW APPLIANCES
- CENTRAL HEAT AND AIR
- LAUNDRY ONSITE
- ASSIGNED PARKING
- ONSITE POSTAL BOX

UTILITY ALLOWANCE: $75.00 FOR WATER/SEWER/GARBAGE

RENTERS INSURANCE IS REQUIRED

Minimum Credit Requirement: 625
TO APPLY PLEASE VISIT OUR WEBSITE:
$50.00 APPLICATION FEE FOR APPLICANTS OVER THE AGE OF 18
DRE 01710215

Last Agent to Sell the Property

Adrian Del Rio

PCG Commercial, Inc License #01431059 Listed on: 05/01/2018

Last Buyer's Agent

Adrian Del Rio

PCG Commercial, Inc License #01431059 Listed on: 05/01/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 0.51

Home Design

  • Composition Roof

Parking

  • 1 Parking Space Included
  • 20 Covered Spaces

Additional Features

  • 2-Story Property
  • 22,320 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 112-045-029-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 15 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • 15 Leased Units
  • 14 Units Leased Month-To-Month
  • Operating Expense $54,701

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0.51 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1968
  • Stories: 2
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Appliances: Dishwasher,Electric Cook Top
  • Other Equipment: None
  • Flooring: Carpet,Laminate,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 1500000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 20
  • Parking Features: Carport,1+ Space Per Unit

Utilities

  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned

Condo/Co-op/Association

  • Association Features: Extra Storage
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R4
  • Lot Size Acres: 0.5124
  • Lot Size Sq Ft: 22320

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 15

Multi Family

  • Operating Expense: 54701
  • Income Includes: Laundry
  • Number of Leased Units: 15
  • Number of Month to Month Units: 14
  • Number of Units: 15
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 112-045-029-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2023
Sold by
Bought by

Purchase Details

Listed on
May 1, 2018
Closed on
Jun 26, 2018
Sold by
Bought by
Seller's Agent
Adrian Del Rio
PCG Commercial, Inc
Buyer's Agent
Adrian Del Rio
PCG Commercial, Inc
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
0.046%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 26, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
0.0394%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
0.0595%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 20, 1997
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$1,500,000 None Available
-- None Available
$1,048,000 Old Republic Title Company
-- First American Title Co
$395,000 First American Title Co
-- First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,200,000
Previous Owner $790,000
Previous Owner $500,000
Previous Owner $680,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/05/2025 03/05/25 Off Market $1,295 -- --
01/06/2025 01/06/25 Price Changed $1,295 -4.1% $2 / Sq Ft
12/05/2024 12/05/24 Price Changed $1,350 +3.8% $2 / Sq Ft
09/19/2024 09/19/24 Price Changed $1,300 +13.0% $2 / Sq Ft
09/04/2024 09/04/24 Price Changed $1,150 -11.2% $1 / Sq Ft
08/28/2024 08/28/24 For Rent $1,295 0.0% --
06/29/2018 06/29/18 Sold $1,500,000 0.0% $451 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $1,500,000 -- $451 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $19,949 $1,705,884 $152,466 $1,553,418
2024 $19,059 $1,672,687 $149,477 $1,523,210
2023 $18,772 $1,639,342 $146,547 $1,492,795
2022 $18,319 $1,607,434 $143,674 $1,463,760
2021 $17,233 $1,576,152 $140,857 $1,435,295
2020 $17,572 $1,560,114 $139,413 $1,420,701
2019 $17,169 $1,529,760 $136,680 $1,393,080
2018 $12,013 $1,102,338 $93,115 $1,009,223
2017 $11,729 $1,080,960 $91,290 $989,670
2016 $8,180 $753,500 $89,500 $664,000
2015 $7,089 $652,000 $89,500 $562,500
2014 $6,682 $612,000 $89,500 $522,500
Source: Public Records

Agents Affiliated with this Home

  • Adrian Del Rio

    Seller's Agent in 2018

    Adrian Del Rio

    PCG Commercial, Inc

    (615) 626-6426

    10 Total Sales

    Adrian Del Rio
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Map

Source: MetroList

MLS Number: 18027496

MetroList
California Stanislaus County Modesto 95350 Central Modesto

120 E Fairmont Ave, Modesto, CA

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MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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