NOT LISTED FOR SALE

1318 Melrose Ave Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $398,000 - $412,000

3 Beds
2 Baths
1,500 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $305,000 $203 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,435/month

13 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Bathtub with Shower
  • 1 Fireplace
  • Covered Patio or Porch
  • Floor Furnace

About This Home

As of March 2020

Enchanting and gracious, this property is just filled with character and is ready to be called 'home!' Check out this large lot, with alley access, and the home having been polished to shine! Both bathrooms have had updating, and there's a full bed and bath downstairs! Close to schools, parks, shopping this darling home is about equal distance between Memorial and Doctor's Medical Center hospitals, and just minutes from downtown or highway 99 access! Seller has completed Section 1 pest work, which is a huge plus! Please be sure to put this on your 'to view' list!

Last Agent to Sell the Property

Michelle Griffith

PMZ Real Estate License #01400474 Listed on: 01/17/2020

PMZ Real Estate

Last Buyer's Agent

Lincoln Brownlee

PMZ Real Estate License #02038415

PMZ Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 8,102 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Laminate Countertops
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Additional Features

  • Covered Patio or Porch
  • Floor Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 031-014-065-000

Home Details

Home Type

Single Family

Year Built

Built in 1924 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1924
  • Architectural Style: Traditional
  • Stories: 2
  • Remodeled/Updated Desc: Bath 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Range
  • Fireplace Features: Insert,Living Room
  • Fireplaces: 1
  • Flooring: Carpet,Laminate,Vinyl
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 2.00
  • Dining Room Features: Dining/Living Combo,Formal Room
  • Kitchen Features: Laminate Counter
  • Room Type: Baths Other,Downstairs Bedroom
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 203.33
  • Square Footage: 1500

Exterior Features

  • Construction Materials: Frame,Metal Siding,Wood
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard
  • Foundation: Raised
  • Listing Price: 297000.00
  • Lot Features: Shape Regular
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Alley Access,Drive Thru Garage,RV Possible

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: See Remarks
  • Utilities: All Public
  • Cooling: Ceiling Fan(s),None
  • Heating: Floor Furnace
  • Laundry Features: Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R1
  • Irrigation: None
  • Lot Size Acres: 0.1860
  • Lot Size Sq Ft: 8102

Tax Info

  • Assessor Parcel Number: 031-014-065-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Mar 13, 2020
Sold by
Mcelroy Donna and D Mcelroy Trust
Bought by
Gomez Gia
Seller's Agent
Michelle Griffith
PMZ Real Estate
Buyer's Agent
Lincoln Brownlee
PMZ Real Estate
List Price
$324,000
Sold Price
$305,000
Premium/Discount to List
-$19,000
-5.86%
Current Estimated Value
$405,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,245
Avg. Annual Appreciation
5.02%
Original Mortgage
$316,956
Outstanding Balance
$281,345
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$123,900

Purchase Details

Closed on
Oct 30, 2018
Sold by
Mcelroy Donna
Bought by
Mcelroy Donna and D Mcelroy Trust

Purchase Details

Closed on
Jun 18, 1993
Sold by
Mcelroy Ronald Douglas
Bought by
Mcelroy Donna Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Gomez Gia $305,000 Chicago Title Company
Mcelroy Donna -- None Available
Mcelroy Donna Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Gia $316,956
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2020 03/16/20 Sold $305,000 +2.7% $203 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
01/24/2020 01/24/20 Price Changed $297,000 -8.3% $198 / Sq Ft
01/17/2020 01/17/20 For Sale $324,000 -- $216 / 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 $3,819 $333,557 $164,045 $169,512
2024 $3,646 $327,018 $160,829 $166,189
2023 $3,591 $320,607 $157,676 $162,931
2022 $3,502 $314,322 $154,585 $159,737
2021 $3,293 $308,159 $151,554 $156,605
2020 $1,488 $132,079 $46,403 $85,676
2019 $1,453 $129,491 $45,494 $83,997
2018 $1,384 $126,952 $44,602 $82,350
2017 $1,351 $124,464 $43,728 $80,736
2016 $1,325 $122,024 $42,871 $79,153
2015 $1,307 $120,193 $42,228 $77,965
2014 $1,287 $117,839 $41,401 $76,438
Source: Public Records

Agents Affiliated with this Home

  • Michelle Griffith

    Seller's Agent in 2020

    Michelle Griffith

    PMZ Real Estate

    (209) 484-1539

    9 in this area

    40 Total Sales

    Michelle Griffith
    Section Image

  • L

    Buyer's Agent in 2020

    Lincoln Brownlee

    PMZ Real Estate

    Section Image
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Map

Source: MetroList

MLS Number: 20002545

MetroList

APN: 031-14-65

California Stanislaus County Modesto 95350 Central Modesto

1318 Melrose Ave, Modesto, CA

Not Listed for Sale

Detached

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