NOT LISTED FOR SALE

131 Imperial Ave Modesto, CA 95358

Bret Harte Neighborhood
4 Beds
4 Baths
2,000 Sq Ft
0.41 Acre Lot

Sale Details

Date Sold: November 6, 2020

Last sale price $630,000 $315 Per Sq Ft

9 Days on Market

Highlights

  • 0.41 Acre Lot
  • Tile Flooring
  • 1-Story Property
  • No HOA

About This Home

As of November 2020

8 unit apartment building collecting around $7k in gross rents and over 8% cap rate. Large front courtyard. One building holds six one bedroom, one bathroom units, built in 1946, and the second building is two three bedroom, one bathroom units, built around 2008. Owner pays water, garbage, and sewer. Close to shopping, elementary/junior high school and CA-99. See attached rent roll for more information.

Last Agent to Sell the Property

Ricardo Gil

Gil's Real Estate License #01800755 Listed on: 09/01/2020

Last Buyer's Agent

Sam Roham

Alliant Real Estate And Financ License #01521106

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 17,829 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Listing and Financial Details

  • Security Deposit $3,550
  • Tenant pays for electricity gas
  • Assessor Parcel Number 056-048-024

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Building Details

  • 6 Leased Units
  • 2 Vacant Units
  • 8 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0.41 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1946
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: None
  • Flooring: Tile

Exterior Features

  • Construction Materials: Wood,See Remarks
  • Disclosures/Documents: None
  • Listing Price: 649990.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

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

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Multifamily
  • Lot Size Acres: 0.4093
  • Lot Size Sq Ft: 17829

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total Deposit: 3550
  • Total # Leasable: 8

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 6
  • Number of Month to Month Units: 8
  • Number of Units: 8
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 056-048-024
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Bought by

Purchase Details

Listed on
Sep 1, 2020
Closed on
Nov 3, 2020
Sold by
Bought by
Seller's Agent
Ricardo Gil
Gil's Real Estate
Buyer's Agent
Sam Roham
Alliant Real Estate And Financ
List Price
$649,990
Sold Price
$630,000
Premium/Discount to List
-$19,990
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.029%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 1, 2020
Closed on
Oct 30, 2020
Sold by
Bought by
Seller's Agent
Ricardo Gil
Gil's Real Estate
Buyer's Agent
Sam Roham
Alliant Real Estate And Financ
List Price
$649,990
Sold Price
$630,000
Premium/Discount to List
-$19,990
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.029%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2002
Sold by
Bought by

Purchase Details

Closed on
May 1, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 1995
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$630,000 First American Title Company
-- First American Title Company
-- Chicago Title
$247,000 Chicago Title
$212,500 First American Title Co
-- First American Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/06/2020 11/06/20 Sold $630,000 -3.1% $315 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $649,990 -- $325 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,212 $681,930 $129,890 $552,040
2024 $7,855 $668,560 $127,344 $541,216
2023 $7,743 $655,452 $124,848 $530,604
2022 $7,560 $642,600 $122,400 $520,200
2021 $7,125 $630,000 $120,000 $510,000
2020 $3,986 $332,834 $76,803 $256,031
2019 $3,900 $326,309 $75,298 $251,011
2018 $2,409 $199,327 $73,822 $125,505
2017 $3,640 $313,640 $72,375 $241,265
2016 $3,575 $307,491 $70,956 $236,535
2015 $3,452 $296,000 $37,500 $258,500
2014 $3,127 $265,000 $37,500 $227,500
Source: Public Records

Agents Affiliated with this Home

  • Ricardo Gil

    Seller's Agent in 2020

    Ricardo Gil

    Gil's Real Estate

    (209) 910-4457

    3 in this area

    58 Total Sales

    Ricardo Gil
    Section Image

  • S

    Buyer's Agent in 2020

    Sam Roham

    Alliant Real Estate And Financ

See All Agents

Map

Source: MetroList

MLS Number: 20051886

MetroList
California Stanislaus County Modesto 95358 Bret Harte

131 Imperial Ave, Modesto, CA

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