NOT LISTED FOR SALE

Estimated Value: $308,622 - $597,000

3 Beds
4 Baths
1,500 Sq Ft
$277/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $190,000 $127 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,392/month

191 Days on Market

Highlights

  • A-Frame Home
  • No HOA
  • 1-Story Property

About This Home

As of September 2017

Great downtown location! Close to the freeway, shopping and dining. Long term tenants hoping to stay! See attached for Cash Flow Statement.

Last Agent to Sell the Property

Leslie Nelson

PMZ Real Estate License #01923053 Listed on: 03/08/2017

PMZ Real Estate

Last Buyer's Agent

Jordan DeBoer

Keystone Properties License #01396420

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,159

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • A-Frame Home
  • Composition Roof

Additional Features

  • 1-Story Property
  • 6,159 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Security Deposit $2,400
  • Tenant pays for rent only
  • Assessor Parcel Number 109-007-033-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Operating Expense $4,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1910
  • Architectural Style: A-Frame
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Brick Veneer,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 190000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Cooling: Ceiling Fan(s),Varies by Unit
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Extra Storage,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MLT FAM DW
  • Lot Size Acres: 0.1414
  • Lot Size Sq Ft: 6159

Rental Info

  • Tenant Pays: Rent Only
  • Total Deposit: 2400

Multi Family

  • Operating Expense: 4800
  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 109-007-033-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2021
Sold by
Deboer Jordan C and Deboer Amanda K
Bought by
Deboer Jordan C and Deboer Amanda K
Current Estimated Value
$416,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$271,080
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$145,127

Purchase Details

Listed on
Mar 8, 2017
Closed on
Sep 18, 2017
Sold by
Santaga Josh
Bought by
Deboer Jordan and Deboer Amanda
Seller's Agent
Leslie Nelson
PMZ Real Estate
Buyer's Agent
Jordan DeBoer
Keystone Properties
List Price
$237,000
Sold Price
$190,000
Premium/Discount to List
-$47,000
-19.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Original Mortgage
$190,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2011
Sold by
Ciernava Jiri
Bought by
Santaga Josh

Purchase Details

Closed on
Jan 28, 2005
Sold by
Vanparks Stanley
Bought by
Ciernava Jiri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 31, 2004
Sold by
Vanparks Stanley and Maddalon Heather
Bought by
Vanparks Stanley
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
Deboer Jordan C -- First American Title Company
Deboer Jordan $190,000 Old Republic Title Company
Santaga Josh $70,000 Fidelity National Title Co
Ciernava Jiri $320,000 Fidelity National Title
Vanparks Stanley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deboer Jordan C $300,000
Closed Deboer Jordan $190,000
Previous Owner Ciernava Jiri $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold $190,000 -19.8% $127 / Sq Ft
09/08/2017 09/08/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $237,000 -- $158 / 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 $2,528 $216,183 $113,781 $102,402
2024 $2,415 $211,945 $111,550 $100,395
2023 $2,379 $207,790 $109,363 $98,427
2022 $2,322 $203,717 $107,219 $96,498
2021 $2,184 $199,723 $105,117 $94,606
2020 $2,227 $197,676 $104,040 $93,636
2019 $2,175 $193,800 $102,000 $91,800
2018 $2,071 $190,000 $100,000 $90,000
2017 $822 $75,753 $40,582 $35,171
2016 $806 $74,269 $39,787 $34,482
2015 $795 $73,155 $39,190 $33,965
2014 $783 $71,723 $38,423 $33,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17012226

MetroList

APN: 109-07-33