NOT LISTED FOR SALE

1228 E Fairmont Ave Modesto, CA 95350

Central Modesto Neighborhood
5 Beds
5 Baths
2,544 Sq Ft
0.76 Acre Lot

Sale Details

Date Sold: January 15, 2016

Last sale price $1,275,000 $501 Per Sq Ft

48 Days on Market

Highlights

  • 0.76 Acre Lot
  • No HOA
  • Central Heating
  • Spanish Architecture
  • Patio

About This Home

As of January 2016

Welcome to Las Casitas an 11 unit Town House style Condominium located in Central Modesto. Investors don't let this one pass you by! There are (6) 1100 sq.ft 2 bed 1 bath units w/ single car garages and (5) 1400 sq.ft. 3bed 2bath units w/ single car garages. Units have a Fireplace, Full Kitchen, Washer & Dryer Hookups and Private Yards. Property & Units have been well maintained and are FULLY OCCUPIED.

Last Agent to Sell the Property

Michael Curry

The Land Group License #01955850 Listed on: 09/22/2015

Last Buyer's Agent

Brian Lam

Lee Real Estate License #01318179

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 0.76

Parking

  • 11 Car Garage
  • 1 Parking Space Included

Home Design

  • Spanish Architecture

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • 2-Story Property
  • Patio
  • 33,001 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $11,275
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 112-052-034

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 11 Units

Building Details

  • 11 Leased Units
  • 8 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0.76 Acres

Parking

11

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1981
  • Architectural Style: Spanish
  • Stories: 2
  • Number of Three Bedroom Units: 5
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven,Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts
  • Listing Price: 1375000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Flat,Tile

Garage/Parking

  • Garage Spaces: 11
  • Parking Features: Garage,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Mult-Family
  • Lot Size Acres: 0.7576
  • Lot Size Sq Ft: 33001

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 11275
  • Total # Leasable: 11

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 11
  • Number of Month to Month Units: 8
  • Number of Units: 11
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 112-052-034

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 16, 2026
Sold by
Bought by

Purchase Details

Closed on
Nov 12, 2016
Sold by
Bought by

Purchase Details

Listed on
Sep 22, 2015
Closed on
Jan 4, 2016
Sold by
Bought by
Seller's Agent
Michael Curry
The Land Group
Buyer's Agent
Brian Lam
Lee Real Estate
List Price
$1,375,000
Sold Price
$1,275,000
Premium/Discount to List
-$100,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
0.039%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 6, 2012
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
$577,500
Interest Rate
0.039%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 8, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 2005
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
-- None Listed On Document
-- None Available
$1,275,000 First American Title Company
$825,000 Chicago Title Company
-- None Available
-- None Available
-- Stewart Title Of Modesto
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
Closed $734,382
Closed $855,000
Closed $850,000
Closed $577,500
Closed $557,500
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
01/15/2016 01/15/16 Sold $1,275,000 -7.3% $501 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $1,375,000 -- $540 / 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 $17,761 $1,518,735 $101,211 $1,417,524
2024 $16,967 $1,489,141 $99,227 $1,389,914
2023 $16,727 $1,460,728 $97,282 $1,363,446
2022 $16,323 $1,432,283 $95,375 $1,336,908
2021 $15,355 $1,404,396 $93,505 $1,310,891
2020 $15,669 $1,391,099 $92,547 $1,298,552
2019 $15,298 $1,363,039 $90,733 $1,272,306
2018 $14,565 $1,336,509 $88,954 $1,247,555
2017 $14,220 $1,310,500 $87,210 $1,223,290
2016 $8,862 $816,387 $80,637 $735,750
2015 $8,723 $802,275 $79,426 $722,849
2014 $8,590 $786,718 $77,871 $708,847
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Curry

    The Land Group

    Section Image

  • B

    Buyer's Agent in 2016

    Brian Lam

    Lee Real Estate

    (209) 450-0222

    5 Total Sales

    Brian Lam
    Section Image
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Map

Source: MetroList

MLS Number: 15062481

MetroList
California Stanislaus County Modesto 95350 Central Modesto

1228 E Fairmont Ave, Modesto, CA

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