NOT LISTED FOR SALE

128 Severin Ave Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $355,250 - $381,000

3 Beds
2 Baths
1,449 Sq Ft
$254/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $325,000 $224 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,321/month

7 Days on Market

Highlights

  • Solar Power System
  • Fenced Yard
  • 4 Car Garage
  • No HOA
  • Whole House Fan
  • High Speed Internet

About This Home

As of November 2022

Are you looking for an investment property and want to start collecting rent when you close? This is an excellent property that has 2 rented units with great tenants. Separate utilities except for water. Very clean duplex. The 2-bedroom unit has new carpet, new linoleum, new fans, new blinds, new stove, new paint and baseboards in March of 2021. The one-bedroom unit had new carpet, new fans, new blinds, new stove, new paint and baseboards in May of 2022.I It's priced to sell. Don't miss this fantastic opportunity!

Last Agent to Sell the Property

Randy Noel

EXIT Realty Consultants License #02127138 Listed on: 10/07/2022

EXIT Realty Consultants

Last Buyer's Agent

Clarissa Azevedo

EXIT Realty Consultants License #01908579

EXIT Realty Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,777

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 6,821 Sq Ft Lot
  • Fenced Yard

Home Design

  • Duplex
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Whole House Fan
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • On-Street Parking

Eco-Friendly Details

  • Solar Power System

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts
  • Natural Gas Connected
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Assessor Parcel Number 116-003-020-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,777

Year Built

Built in 1951 | Remodeled

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1951
  • Levels: One
  • Stories: 1
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Free Standing Electric Oven, Free Standing Electric Range
  • Flooring: Carpet, Laminate
  • Price Per Square Foot: 219.74
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Stucco, Frame, Wood
  • Disclosures/Documents: Preliminary Title Report, Seller Property Questionnaire, Estoppel Certificate, Transfer Disclosure Statement, Natural Hazard Disclosure Available
  • Exterior Features: Fenced Yard
  • Foundation: Raised
  • Listing Price: 320000.00
  • Lot Features: None
  • Patio And Porch Features: Varies by Unit
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Street, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, City, Solar, Electric, Internet Available
  • Cooling: Whole House Fan, Window Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.1566
  • Lot Size Sq Ft: 6821.00
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 116-003-020-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Nov 16, 2022
Sold by
Noel 2022 Trust
Bought by
Azevedo Clarissa
Seller's Agent
Randy Noel
EXIT Realty Consultants
Buyer's Agent
Clarissa Azevedo
EXIT Realty Consultants
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%
Views
50
Current Estimated Value
$368,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,125
Avg. Annual Appreciation
4.37%
Original Mortgage
$243,750
Outstanding Balance
$237,386
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$128,628

Purchase Details

Closed on
Dec 11, 2019
Sold by
Noel Kenneth Eugene
Bought by
Noel Kenneth E and Noel Wanda M

Purchase Details

Closed on
Jun 19, 1998
Sold by
Noel Henry
Bought by
Noel Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
7.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 1997
Sold by
Noel Henry and Noel Linda C
Bought by
Noel Henry
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
Azevedo Clarissa $325,000 North American Title
Noel Kenneth E -- None Available
Noel Henry -- Fidelity National Title Co
Noel Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azevedo Clarissa $243,750
Previous Owner Noel Henry $143,000
Previous Owner Noel Henry $125,000
Previous Owner Noel Henry $93,400
Previous Owner Noel Henry $82,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $325,000 +1.6% $224 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $320,000 -- $221 / 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 $3,777 $331,500 $219,300 $112,200
2023 $3,229 $281,986 $47,712 $234,274
2022 $3,151 $276,458 $46,777 $229,681
2021 $2,963 $271,038 $45,860 $225,178
2020 $3,022 $268,260 $45,390 $222,870
2019 $1,023 $98,155 $37,473 $60,682
2018 $972 $96,232 $36,739 $59,493
2017 $948 $94,346 $36,019 $58,327
2016 $928 $92,497 $35,313 $57,184
2015 $915 $91,109 $34,783 $56,326
2014 $899 $89,325 $34,102 $55,223
Source: Public Records

Agents Affiliated with this Home

  • Randy Noel

    Seller's Agent in 2022

    Randy Noel

    EXIT Realty Consultants

    (209) 622-4800

    1 in this area

    9 Total Sales

    Randy Noel
    Section Image
  • Clarissa Azevedo

    Buyer's Agent in 2022

    Clarissa Azevedo

    EXIT Realty Consultants

    (209) 535-2754

    6 in this area

    193 Total Sales

    Clarissa Azevedo
    Section Image
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Map

Source: MetroList

MLS Number: 222129362

MetroList

APN: 116-03-20

California Stanislaus County Modesto 95354 La Loma

128 Severin Ave, Modesto, CA

This home is located at 128 Severin Ave, Modesto, CA 95354 since 07 October 2022 and is currently estimated at $368,125, approximately $254 per square foot. This property was built in 1951. 128 Severin Ave is a home located in Stanislaus County with nearby schools including Wilson Elementary School, La Loma Jr High, 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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