NOT LISTED FOR SALE

1325 Nelson Ave Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $170,000 - $378,000

0.64 Acre
$496,650 Price per Acre
27,952 Sq Ft Lot

Last Sold July 01, 2016

Last sale price $210,000

Est. 52% increase in value since last sale

Current estimated payment $1,903/month

67 Days on Market

About This Lot

As of July 2016

Vacant lot in the heart of Modesto. Zoned for PUD now and was once approved for 10 senior units but has since expired. Buyer to check with city Planning Department for possible re-zoning. Across street from Medical building & next to apartments.

Last Agent to Sell the Property

Ron Dale

PMZ Real Estate License #01765985 Listed on: 03/01/2016

PMZ Real Estate

Co-Listed By

Kimberly Dale

PMZ Real Estate License #01715811

Last Buyer's Agent

Naresh Channaveerappa

My Global Realty, Inc. License #01859578

Property Details

Property Type

  • Land

Lot Details

  • 0.64 Acre Lot
  • Possible uses of the property include Residential
  • Zoning described as Multi-Residential,Planned Unit Development

Utilities

  • No Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 031-013-020-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Lot
  • Primary Residence: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 225000.00
  • Lot Features: Gutter(s)
  • Road Surface Type: Paved
  • Additional Living Units: No

Utilities

  • Sewer: See Remarks
  • Utilities: None
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning: other
  • Crops: None
  • Current Use: Vacant
  • Development Status: See Remarks
  • Zoning Description: Multi-Residential,Planned Unit Development
  • Irrigation: See Remarks
  • Lot Size Acres: 0.6417
  • Lot Size Sq Ft: 27952
  • Possible Use: Residential

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 031-013-020-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jun 27, 2016
Sold by
Carson Terry
Bought by
Shankar Prithvi and Shankar Seema
Seller's Agent
Ron Dale
PMZ Real Estate
Buyer's Agent
Naresh Channaveerappa
My Global Realty, Inc.
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Current Estimated Value
$318,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,700
Avg. Annual Appreciation
4.48%
Original Mortgage
$105,000
Outstanding Balance
$83,813
Interest Rate
3.66%
Mortgage Type
Commercial
Estimated Equity
$234,887

Purchase Details

Closed on
Jun 24, 1997
Sold by
Carson Terry
Bought by
Carson Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
7.91%
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
Shankar Prithvi $210,000 Old Republic Title Company
Carson Terry -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shankar Prithvi $105,000
Previous Owner Carson Terry $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $210,000 -6.7% --
05/06/2016 05/06/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $225,000 -- --
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 $2,850 $243,720 $243,720 --
2024 $2,722 $238,942 $238,942 --
2023 $2,682 $234,257 $234,257 $0
2022 $2,617 $229,664 $229,664 $0
2021 $2,462 $225,161 $225,161 $0
2020 $2,510 $222,853 $222,853 $0
2019 $2,452 $218,484 $218,484 $0
2018 $2,334 $214,200 $214,200 $0
2017 $2,279 $210,000 $210,000 $0
2016 $410 $37,735 $37,735 $0
2015 $404 $37,169 $37,169 $0
2014 $398 $36,441 $36,441 $0
Source: Public Records

Agents Affiliated with this Home

  • Ron Dale

    Seller's Agent in 2016

    Ron Dale

    PMZ Real Estate

    (209) 499-6736

    4 in this area

    43 Total Sales

    Ron Dale
    Section Image
  • Kimberly Dale

    Seller Co-Listing Agent in 2016

    Kimberly Dale

    PMZ Real Estate

    (209) 499-6840

    4 in this area

    50 Total Sales

    Kimberly Dale
    Section Image

  • N

    Buyer's Agent in 2016

    Naresh Channaveerappa

    My Global Realty, Inc.

    (209) 569-5600

    1 Total Sale

    Naresh Channaveerappa
    Section Image
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Map

Source: MetroList

MLS Number: 16011875

MetroList

APN: 031-13-20

California Stanislaus County Modesto 95350 Central Modesto

1325 Nelson Ave, Modesto, CA

Not Listed for Sale

Lots

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