NOT LISTED FOR SALE

120 Ellen Ave Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $386,000

7 Beds
4 Baths
3,005 Sq Ft
$128/Sq Ft Est. Value

Last Sold August 19, 2014

Last sale price $200,000 $67 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,266/month

100 Days on Market

Highlights

  • 0.35 Acre Lot
  • Double Pane Windows
  • 4-minute walk to James Marshall Park
  • No HOA

About This Home

As of August 2014

Triplex, Records show 3 units, but property has 4 units. Buyer to investigate

Last Agent to Sell the Property

Victor Torres

GG Realty License #01849787 Listed on: 04/15/2014

Last Buyer's Agent

Victor Torres

GG Realty License #01849787 Listed on: 04/15/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 0.35 Acre Lot

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Listing and Financial Details

  • Tenant pays for electricity gas sewer
  • Assessor Parcel Number 030-021-004-000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 1 Leased Unit
  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1938
  • Stories: 2
  • Number of Three Bedroom Units: 2
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Laminate,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 200000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Varies by Unit

Utilities

  • Cooling: Window Unit(s),Varies by Unit
  • Heating: Varies by Unit

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: residential
  • Lot Size Acres: 0.3500
  • Lot Size Sq Ft: 15246

Rental Info

  • Tenant Pays: Electricity,Gas,Sewer
  • Total # Leasable: 3

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 1
  • Number of Units: 4
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 030-021-004-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2015
Sold by
Sharma Rajiv and Sharma Mridula
Bought by
2014 Sharma Family Revocable Trust
Current Estimated Value
$386,000

Purchase Details

Listed on
Apr 15, 2014
Closed on
Aug 11, 2014
Sold by
Razo Marco Antonio
Bought by
Sharma Rajiv and Sharma Mridula
Seller's Agent
Victor Torres
GG Realty
Buyer's Agent
Victor Torres
GG Realty
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$140,000
Outstanding Balance
$45,220
Interest Rate
4.11%
Mortgage Type
Commercial
Estimated Equity
$340,780

Purchase Details

Closed on
Jan 15, 2002
Sold by
Razo Pablo and Razo Marco Antonio
Bought by
Razo Marco Antonio

Purchase Details

Closed on
Feb 24, 1997
Sold by
Razo Pablo and Espitia Belisario
Bought by
Razo Pablo and Razo Marco Antonio

Purchase Details

Closed on
Jun 14, 1996
Sold by
Smith Eleanor R
Bought by
Razo Pablo and Espitia Belisario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,305
Interest Rate
8.3%
Mortgage Type
FHA
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
2014 Sharma Family Revocable Trust -- None Available
Sharma Rajiv -- None Available
Sharma Rajiv $200,000 First American Title Company
Razo Marco Antonio -- --
Razo Pablo -- --
Razo Pablo $110,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Rajiv $140,000
Previous Owner Razo Pablo $109,305
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2014 08/19/14 Sold $200,000 -20.0% $67 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $250,000 -- $83 / 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 $2,975 $245,162 $45,966 $199,196
2024 $2,845 $240,356 $45,065 $195,291
2023 $2,804 $235,644 $44,182 $191,462
2022 $2,738 $231,024 $43,316 $187,708
2021 $2,580 $226,495 $42,467 $184,028
2020 $2,627 $224,174 $42,032 $182,142
2019 $2,568 $219,779 $41,208 $178,571
2018 $2,448 $215,470 $40,400 $175,070
2017 $2,392 $211,246 $39,608 $171,638
2016 $2,348 $207,105 $38,832 $168,273
2015 $2,242 $203,995 $38,249 $165,746
2014 $1,861 $169,000 $37,500 $131,500
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2014

    Victor Torres

    GG Realty

See All Agents

Map

Source: MetroList

MLS Number: 14022203

MetroList

APN: 030-21-04

California Stanislaus County Modesto 95351 West Modesto

120 Ellen Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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