NOT LISTED FOR SALE

Estimated Value: $481,000 - $608,131

5 Beds
4 Baths
2,070 Sq Ft
$263/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $330,000 $159 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,319/month

96 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 5-minute walk to Graceada Park
  • Double Pane Windows

About This Home

As of February 2017

3 charming cottages in the college area within walking distance to Modesto Junior College. All 3 houses have separate yards and entrances and all have their own electric and gas meters. Always rented.......great investment!!!!Please do not disturb tenants. Write offer subject to viewing.

Last Agent to Sell the Property

Kenton Sondeno

Kenton Sondeno License #00709417 Listed on: 06/24/2016

Last Buyer's Agent

Kenton Sondeno

Kenton Sondeno License #00709417 Listed on: 06/24/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,278

Year Built

  • Built in 1936

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • 3 Covered Spaces

Home Design

  • Triplex

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 109-007-048-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,278

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1936
  • Architectural Style: Spanish,Cottage/Bungalow
  • Stories: 1
  • Number of One Bedroom Units: 2
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range,Free Standing Gas Range
  • Flooring: Tile,Wood
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco,Wood,See Remarks
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 362500.00
  • Roof: Composition,Flat

Garage/Parking

  • Covered Parking Spaces: 3
  • Parking Features: Carport,Garage,1+ Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-2
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 3

Multi Family

  • Gross Income: 27576
  • Income Includes: Rent Only
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 109-007-048-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Jan 24, 2017
Sold by
Sondeno Kenton D and The Kenton D Sondeno Revocable
Bought by
Garvin Alan
Seller's Agent
Kenton Sondeno
Kenton Sondeno
Buyer's Agent
Kenton Sondeno
Kenton Sondeno
List Price
$349,950
Sold Price
$330,000
Premium/Discount to List
-$19,950
-5.7%
Current Estimated Value
$544,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,566
Avg. Annual Appreciation
5.57%
Original Mortgage
$236,250
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 2015
Sold by
Tonnek Company Lp
Bought by
Sondeno Kenton D and The Kenton D Sondeno Revocable

Purchase Details

Closed on
Nov 8, 2011
Sold by
Sondeno Kenton D
Bought by
Tonnek Company Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,505
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 2011
Sold by
Tonnek Company Lp
Bought by
Sondeno Kenton D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,505
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 2004
Sold by
Sondeno Kenton
Bought by
Tonnek Co Lp
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
Garvin Alan $330,000 Old Republic Title Company
Sondeno Kenton D -- None Available
Tonnek Company Lp -- First American Title Company
Sondeno Kenton D -- First American Title Company
Sondeno Kenton D -- First American Title Company
Tonnek Co Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garvin Alan $226,000
Closed Garvin Alan $236,250
Previous Owner Sondeno Kenton D $125,505
Previous Owner Sondeno Kenton $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2017 02/17/17 Sold $330,000 -5.7% $159 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $349,950 -- $169 / 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 $4,278 $375,476 $78,507 $296,969
2023 $4,215 $368,115 $76,968 $291,147
2022 $4,113 $360,898 $75,459 $285,439
2021 $3,868 $353,823 $73,980 $279,843
2020 $3,944 $350,196 $73,222 $276,974
2019 $3,853 $343,331 $71,787 $271,544
2018 $3,668 $336,600 $70,380 $266,220
2017 $2,072 $190,924 $57,911 $133,013
2016 $2,032 $187,181 $56,776 $130,405
2015 $1,827 $168,000 $62,500 $105,500
2014 $1,638 $150,000 $62,500 $87,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16040661

MetroList

APN: 109-07-48