Seller's Agent in 2024
Jacob Friedrich
Cosol Commercial Real Estate
(209) 521-1591
18 Total Sales
120 School Ave Modesto, CA 95351
Modesto Area
2
Beds
1
Bath
750
Sq Ft
0.29
Acre Lot
Highlights
- No HOA
- Carpet
- 1-Story Property
- Security Fence
About This Home
As of February 2024Welcome to M&T Mobile Home Park, a rare investment opportunity in the city of Modesto, California. This property offers immense rental upside. Four of the six spaces are occupied by park-owned. Two units are vacant and prepared for market rate occupancy. An additional space is vacant and ready for a trailer to be added to the property. There's a clear path for a new owner to generate a pro forma 8%+ cap rate.
Last Agent to Sell the Property
Cosol Commercial Real Estate License #02017662 Listed on: 08/30/2023
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Home Details
Home Type
- Single Family
Year Built
- Built in 1976
Lot Details
- 12,632 Sq Ft Lot
- Security Fence
- Zoning described as R1
Parking
- 6 Parking Spaces
Home Design
- House
- Metal Siding
- Modular or Manufactured Materials
Interior Spaces
- 1-Story Property
- Carbon Monoxide Detectors
- Washer and Dryer Hookup
Flooring
- Carpet
- Linoleum
- Laminate
Utilities
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 038-029-076
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- 6 Leased Units
- 2 Vacant Units
- 6 Units Leased Month-To-Month
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
Listed on
Aug 30, 2023
Closed on
Feb 5, 2024
Sold by
Bought by
Seller's Agent
Jacob Friedrich
Cosol Commercial Real Estate
Buyer's Agent
Jaime Bedoy
HomeSmart PV & Associates
List Price
$415,000
Sold Price
$350,000
Premium/Discount to List
-$65,000
-15.66%
Views
93
Purchase Details
Listed on
Aug 30, 2023
Closed on
Feb 1, 2024
Sold by
Bought by
Seller's Agent
Jacob Friedrich
Cosol Commercial Real Estate
Buyer's Agent
Jaime Bedoy
HomeSmart PV & Associates
List Price
$415,000
Sold Price
$350,000
Premium/Discount to List
-$65,000
-15.66%
Views
93
Purchase Details
Closed on
Feb 12, 2007
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
$150,000
Interest Rate
6.21%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 21, 2003
Sold by
Bought by
Purchase Details
Closed on
Sep 26, 2000
Sold by
Bought by
Purchase Details
Closed on
Sep 11, 2000
Sold by
Bought by
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 |
|---|---|---|---|
| -- | Cypress Title | ||
| $350,000 | Cypress Title | ||
| -- | Alliance Title Company | ||
| $200,000 | Alliance Title Company | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
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 | $150,000 | ||
| Previous Owner | $10,000 |
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 |
|---|---|---|---|---|
| 02/09/2024 02/09/24 | Sold | $350,000 | -15.7% | $467 / Sq Ft |
| 01/10/2024 01/10/24 | Pending | -- | -- | -- |
| 01/02/2024 01/02/24 | For Sale | $415,000 | +18.6% | $553 / Sq Ft |
| 01/01/2024 01/01/24 | Off Market | $350,000 | -- | -- |
| 11/17/2023 11/17/23 | Price Changed | $415,000 | -12.6% | $553 / Sq Ft |
| 11/17/2023 11/17/23 | For Sale | $475,000 | 0.0% | $633 / Sq Ft |
| 10/26/2023 10/26/23 | Pending | -- | -- | -- |
| 10/20/2023 10/20/23 | For Sale | $475,000 | 0.0% | $633 / Sq Ft |
| 09/11/2023 09/11/23 | Pending | -- | -- | -- |
| 08/30/2023 08/30/23 | For Sale | $475,000 | -- | $633 / 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 | $4,597 | $357,000 | $153,000 | $204,000 |
| 2024 | $3,188 | $241,671 | $203,588 | $38,083 |
| 2023 | $3,131 | $236,934 | $199,597 | $37,337 |
| 2022 | $2,900 | $232,289 | $195,684 | $36,605 |
| 2021 | $2,741 | $227,736 | $191,848 | $35,888 |
| 2020 | $2,776 | $225,402 | $189,881 | $35,521 |
| 2019 | $2,722 | $220,983 | $186,158 | $34,825 |
| 2018 | $2,604 | $216,651 | $182,508 | $34,143 |
| 2017 | $2,536 | $212,404 | $178,930 | $33,474 |
| 2016 | $2,484 | $208,240 | $175,422 | $32,818 |
| 2015 | $2,477 | $205,113 | $172,787 | $32,326 |
| 2014 | $2,436 | $201,096 | $169,403 | $31,693 |
Source: Public Records
Agents Affiliated with this Home
-
Jacob Friedrich
-
Jaime Bedoy
Buyer's Agent in 2024
Jaime Bedoy
HomeSmart PV & Associates
(209) 622-6053
45 Total Sales
Map
Source: MetroList
MLS Number: 223083853
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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