NOT LISTED FOR SALE

1229 Sam Ave Modesto, CA 95351

Bystorm Neighborhood

Estimated Value: $317,000 - $359,039

3 Beds
2 Baths
1,362 Sq Ft
$247/Sq Ft Est. Value

Last Sold April 03, 2019

Last sale price $205,000 $151 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,052/month

13 Days on Market

Highlights

  • No HOA
  • Carpet
  • 1-Story Property

About This Home

As of April 2019

3 bedroom, 1 bathroom rented for $750/mo and studio rented for $600/mo. Both units are on shared meters. Tenant of home pays all utilities except septic. Rent is below market. Permits of studio unknown. Close to CA-99, CA-132 and shopping.

Last Agent to Sell the Property

Ricardo Gil

Gil's Real Estate License #01800755 Listed on: 12/05/2018

Last Buyer's Agent

Luciano Cortes

Century 21 MM License #01441942

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,668

Year Built

  • Built in 1940

Lot Details

  • 8,751 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Carpet

Listing and Financial Details

  • Tenant pays for electricity gas trash collection water
  • Assessor Parcel Number 038-041-045

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $800
  • Operating Expense $3,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,668

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1940
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: None
  • Listing Price: 194990.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Cooling: Ceiling Fan(s),Varies by Unit
  • Heating: Varies by Unit
  • Utilities Expenses: 250

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.2009
  • Lot Size Sq Ft: 8751

Rental Info

  • Tenant Pays: Electricity,Gas,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Gross Income: 16200
  • Operating Expense: 3560
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Insurance Expense: 800
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 038-041-045

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2018
Closed on
Mar 19, 2019
Sold by
Alsumeri Fahmi
Bought by
Hernandez Estefany and Hernandez Sugey
Seller's Agent
Ricardo Gil
Gil's Real Estate
Buyer's Agent
Luciano Cortes
Century 21 MM
List Price
$194,990
Sold Price
$205,000
Premium/Discount to List
$10,010
5.13%
Current Estimated Value
$336,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,510
Avg. Annual Appreciation
9.22%
Original Mortgage
$201,286
Outstanding Balance
$178,757
Interest Rate
4.3%
Mortgage Type
FHA
Estimated Equity
$181,978

Purchase Details

Closed on
Nov 2, 2017
Sold by
Arakelian Stephen J and Arakelian Noma
Bought by
N & S Turlock Properties Llc

Purchase Details

Closed on
Dec 1, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Arakelian Stephen J and Arakelian Noma

Purchase Details

Closed on
Feb 19, 2008
Sold by
Gallegos Fredi Gonzales
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-Wl3

Purchase Details

Closed on
Aug 8, 2005
Sold by
Ochoa Aureliano and Ochoa Maria T
Bought by
Gallegos Fredi Gonzales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 28, 2002
Sold by
Akers Gwendolyn and Akers Clint L
Bought by
Ochoa Aureliano and Ochoa Maria T

Purchase Details

Closed on
Nov 14, 2001
Sold by
Renslow Robert H and Renslow Darlene L
Bought by
Akers Gwendolyn and Akers Clint L
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
Hernandez Estefany $205,000 First American Title Co
Alsumeri Fahmi -- First American Title Co
N & S Turlock Properties Llc -- None Available
Arakelian Stephen J $46,000 Chicago Title Company
Deutsche Bank National Trust Co $107,000 Servicelink
Gallegos Fredi Gonzales $270,000 Stewart Title Of Modesto
Ochoa Aureliano $85,000 Chicago Title Co
Akers Gwendolyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Estefany $201,286
Closed Hernandez Estefany $201,286
Previous Owner Gallegos Fredi Gonzales $216,000
Previous Owner Ochoa Aureliano $73,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2019 04/03/19 Sold $205,000 +5.1% $151 / Sq Ft
12/18/2018 12/18/18 Pending -- -- --
12/05/2018 12/05/18 For Sale $194,990 -- $143 / 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 $2,668 $224,193 $142,172 $82,021
2023 $2,630 $219,798 $139,385 $80,413
2022 $2,569 $215,489 $136,652 $78,837
2021 $2,423 $211,265 $133,973 $77,292
2020 $2,469 $209,100 $132,600 $76,500
2019 $1,659 $137,700 $81,600 $56,100
2018 $681 $52,056 $33,950 $18,106
2017 $667 $51,036 $33,285 $17,751
2016 $657 $50,036 $32,633 $17,403
2015 $648 $49,285 $32,143 $17,142
2014 $639 $48,321 $31,514 $16,807
Source: Public Records

Agents Affiliated with this Home

  • Ricardo Gil

    Seller's Agent in 2019

    Ricardo Gil

    Gil's Real Estate

    (209) 910-4457

    4 in this area

    52 Total Sales

    Ricardo Gil
    Section Image

  • L

    Buyer's Agent in 2019

    Luciano Cortes

    Century 21 MM

    Section Image
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Map

Source: MetroList

MLS Number: 18080759

MetroList

APN: 038-41-45

California Stanislaus County Modesto 95351 Bystorm

1229 Sam Ave, Modesto, CA

This home is located at 1229 Sam Ave, Modesto, CA 95351 since 05 December 2018 and is currently estimated at $336,510, approximately $247 per square foot. This property was built in 1940. 1229 Sam Ave is a home located in Stanislaus County with nearby schools including Tuolumne Elementary School, Evelyn Hanshaw Middle School, and Peter Johansen High School.

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.

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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