$634,000
SOLD OCT 31, 2025
5 Beds
3 Baths
2,008 Sq Ft
0.49 Acres

Recently Sold

$316 Per Sq Ft

19% Below List Price

46 Days on Market

Highlights

  • 0.49 Acre Lot
  • Central Heating and Cooling System
  • Vinyl Flooring
  • No HOA
  • 3 Car Garage

About This Home

As of October 2025

Welcome to 128 E Fairmont Ave in Modesto, a unique multi-unit property featuring three fully renovated homes, each with its own garage. Two of the homes offer 2 bedrooms and 1 bathroom, and the third is a 1 bedroom, 1 bathroom unit perfect for maximizing rental income or multi-generational living. All homes have been completely renovated from the ground up, including new flooring, interior/exterior paint, kitchen cabinetry, and updated HVAC systems. No detail was overlooked in these modern upgrades, offering both style and long-term reliability. To top it off, the property includes a vacant rear lot with approved plans to build two additional units, providing even greater upside potential for investors or developers. Located just minutes from downtown Modesto, schools, shopping, and freeway access. This is a rare turnkey property with incredible flexibility and future growth.

Last Agent to Sell the Property

Matt Saroukhanoff

HomeSmart PV & Associates License #02086909 Listed on: 07/24/2025

Co-Listed By

John Oushana

HomeSmart PV & Associates License #01871568

Last Buyer's Agent

Gladys Aguilera

Century 21 Select Real Estate License #01700991

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.49 Acre Lot

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Raised Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,008 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 112-045-032-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Triplex
  • Stories: 1
  • Year Built: 1940
  • Stories: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Price Per Square Foot: 315.74
  • Square Footage: 2008.00

Exterior Features

  • Construction Materials: Stucco, Frame
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 785000.00
  • Lot Features: Curb(s), Shape Regular
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Utilities: Natural Gas Connected, Sewer In & Connected
  • Cooling: Central
  • Heating: Central
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning: R3
  • Irrigation: None
  • Lot Size Acres: 0.4860
  • Lot Size Sq Ft: 21170.00

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Units: 3
  • Number of Vacant Units: 3

Tax Info

  • Assessor Parcel Number: 112-045-032-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2025
Closed on
Oct 28, 2025
Sold by
As Rentals Inc
Bought by
Diaz Santos Emanuel Cruz and Fernandez Janet Alejandra
Seller's Agent
Matt Saroukhanoff
HomeSmart PV & Associates
Buyer's Agent
Gladys Aguilera
Century 21 Select Real Estate
List Price
$785,000
Sold Price
$634,000
Premium/Discount to List
-$151,000
-19.24%
Views
144
Current Estimated Value
$618,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,771
Avg. Annual Appreciation
-9.59%
Original Mortgage
$602,300
Outstanding Balance
$602,300
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$15,929

Purchase Details

Listed on
Feb 3, 2025
Closed on
Feb 13, 2025
Sold by
Waddell Kevin Lee and Waddell Matthew
Bought by
As Rentals Inc
Seller's Agent
Ashok Kumar
PMZ Real Estate
Buyer's Agent
Ashok Kumar
PMZ Real Estate
List Price
$499,950
Sold Price
$465,000
Premium/Discount to List
-$34,950
-6.99%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.72%

Purchase Details

Closed on
Jul 20, 1999
Sold by
Shari L Waddell Kevin and Mummert Richard V
Bought by
Waddell Kevin

Purchase Details

Closed on
Nov 20, 1995
Sold by
Waddell Kevin and Mummert Richard V
Bought by
Waddell Kevin and Mummert Richard V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000
Interest Rate
7.37%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Grant Deed $634,000 First American Title
Grant Deed $465,000 Chicago Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer $29,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $602,300 New Conventional
Previous Owner $7,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 Sold $634,000 -19.2% $316 / Sq Ft
09/08/2025 09/08/25 Pending -- -- --
07/24/2025 07/24/25 For Sale $785,000 +68.8% $391 / Sq Ft
02/21/2025 02/21/25 Sold $465,000 -7.0% $232 / Sq Ft View Prior Sale
02/05/2025 02/05/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $499,950 -- $249 / Sq Ft
Source: MetroList

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 $1,977 $169,091 $112,243 $56,848
2024 $1,809 $165,777 $110,043 $55,734
2023 $1,781 $162,528 $107,886 $54,642
2022 $1,736 $159,342 $105,771 $53,571
2021 $1,631 $156,219 $103,698 $52,521
2020 $1,663 $154,618 $102,635 $51,983
2019 $1,623 $151,587 $100,623 $50,964
2018 $1,543 $148,615 $98,650 $49,965
2017 $1,505 $145,702 $96,716 $48,986
2016 $1,475 $142,846 $94,820 $48,026
2015 $1,454 $140,701 $93,396 $47,305
2014 $1,430 $137,946 $91,567 $46,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 225097156

MetroList

APN: 112-45-32