NOT LISTED FOR SALE

1232 Chadwick Ct Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $361,000 - $412,000

2 Beds
2 Baths
1,475 Sq Ft
$257/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $342,500 $232 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,341/month

9 Days on Market

About This Home

As of November 2021

Opportunity awaits for a savvy investor! This duplex sits in a prime location nestled in a beautiful neighborhood. Each unit has 1 bd and 1 bath with each having a 1 car garage. One unit has new flooring and paint. Call now for more details on adding this duplex to your portfolio.

Last Agent to Sell the Property

Karrie Goold

PMZ Real Estate License #01433486 Listed on: 09/30/2021

PMZ Real Estate

Last Buyer's Agent

Bethany Mendoza

PMZ Real Estate License #01374874

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1954

Lot Details

  • 5,227

Parking

  • 2

Home Design

  • Mixed Use

Listing and Financial Details

  • Security Deposit $895

Property Details

Home Type

Multi-Family

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Mixed Use
  • Property Sub Type: Duplex
  • CapRate: 6.10
  • Directions: From Coffee Rd take Chadwick to inside corner where property sits. Sign in front of units.
  • Professional Management Expense: 2628
  • Building Stories: 1
  • Special Features: None
  • Stories: 1
  • Year Built: 1954

Interior Features

  • Appliances: Free Standing Gas Range, Gas Water Heater, Plumbed For Ice Maker
  • Price Per Square Foot: 232.20
  • Flooring: Laminate, Vinyl, Varies by Unit
  • Number Of Buildings: 1
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Foundation Details: Raised
  • Construction Type: Brick Veneer, Wood
  • Disclosures: CC&Rs, Preliminary Title Report
  • Lot Features: Cul-De-Sac, Landscape Front
  • Patio And Porch Features: Varies by Unit

Garage/Parking

  • Parking Features: Street, Garage
  • Garage Spaces: 2
  • Total Parking Spaces: 4

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Floor Furnace, Varies by Unit
  • Electric: 220 Volts
  • Laundry Features: Varies by Unit
  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: See Remarks
  • Utilities: Natural Gas Connected, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Modesto City

Lot Info

  • Lot Size Sq Ft: 5493
  • Zoning Description: Duplex

Rental Info

  • Total Deposit: 895
  • Total # Leasable: 2
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Maintenance

Tax Info

  • Bonds/Assessments/Taxes: Unknown
  • Tax Annual Amount: 683

Multi Family

  • Gross Income Multiplier: 6.100
  • Annual Gross Income: 26280
  • Income Includes: Rent Only
  • Insurance Expense: 675
  • Maintenance Expense: 568
  • Number of Month to Month Units: 1
  • Number Of Units Total: 2
  • Number Of Units Vacant: 1
  • Number Of Units Furnished: None

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 19, 2021
Sold by
Marks Sharon and The Sandra Lee Rossi Revocable
Bought by
Kimes Justice
Seller's Agent
Karrie Goold
PMZ Real Estate
Buyer's Agent
Bethany Mendoza
PMZ Real Estate
List Price
$349,900
Sold Price
$342,500
Premium/Discount to List
-$7,400
-2.11%
Current Estimated Value
$379,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,604
Avg. Annual Appreciation
2.51%
Original Mortgage
$336,295
Outstanding Balance
$308,412
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$70,692
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
Kimes Justice $342,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimes Justice $336,295
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Sold $342,500 -2.1% $232 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $349,900 -- $237 / 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 $4,250 $363,463 $159,181 $204,282
2024 $4,060 $356,337 $156,060 $200,277
2023 $4,000 $349,350 $153,000 $196,350
2022 $3,903 $342,500 $150,000 $192,500
2021 $670 $61,251 $15,998 $45,253
2020 $683 $60,623 $15,834 $44,789
2019 $667 $59,435 $15,524 $43,911
2018 $635 $58,270 $15,220 $43,050
2017 $620 $57,128 $14,922 $42,206
2016 $608 $56,009 $14,630 $41,379
2015 $600 $55,169 $14,411 $40,758
2014 $591 $54,089 $14,129 $39,960
Source: Public Records

Agents Affiliated with this Home

  • Karrie Goold

    Seller's Agent in 2021

    Karrie Goold

    PMZ Real Estate

    (209) 969-9025

    4 in this area

    92 Total Sales

    Karrie Goold
    Section Image
  • Bethany Mendoza

    Buyer's Agent in 2021

    Bethany Mendoza

    PMZ Real Estate

    (209) 505-2758

    27 in this area

    301 Total Sales

    Bethany Mendoza
    Section Image
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Map

Source: MetroList

MLS Number: 221123860

MetroList

APN: 112-52-10

California Stanislaus County Modesto 95350 Central Modesto

1232 Chadwick Ct, Modesto, CA

Not Listed for Sale

MultiFamily

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