NOT LISTED FOR SALE

Estimated Value: $473,000 - $524,363

6 Beds
4 Baths
2,100 Sq Ft
$240/Sq Ft Est. Value

Last Sold January 05, 2023

Last sale price $455,000 $217 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,196/month

54 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • 4 Car Garage

About This Home

As of January 2023

NEW price and seller is providing a $10,000 CREDIT with an acceptable offer! Looking for a great investment opportunity with 3 bedroom/2 bathroom units and 2 car attached garages? Welcome to Pecos Ave in Modesto! This duplex offers 3 bedroom and 2 full bathrooms units on each side with approximately 1050 sqft of living space each. Each unit is equipped with a 2-car garage with laundry hookups. Features include a composition shingle roof in good shape, updated central heating and air, and one unit has dual pane windows. Each has long-term tenants on month-to-month rental agreements. Located close to the I-99 and a couple miles away from downtown. Come take a look!

Last Agent to Sell the Property

Don Wright

Hype Real Estate License #02021959 Listed on: 10/05/2022

Hype Real Estate

Co-Listed By

Daniel Del Real

PMZ Real Estate License #01423976

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,420

Year Built

  • Built in 1987

Lot Details

  • 6,003 Sq Ft Lot
  • Level Lot

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Laundry in unit

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 039-045-001-000

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

$5,420

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1987
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Dishwasher, Disposal, Free Standing Electric Range
  • Flooring: Carpet, Tile, Laminate
  • Basement: None
  • Price Per Square Foot: 216.67
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame, Wood, Wood Siding
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Foundation: Slab
  • Listing Price: 474900.00
  • Lot Features: Shape Regular
  • Topography: Level

Garage/Parking

  • Open Parking Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 8.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Cable Available, Natural Gas Connected, Internet Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Each Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MFD
  • Irrigation: None
  • Lot Size Acres: 0.1378
  • Lot Size Sq Ft: 6003.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 039-045-001-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Jan 3, 2023
Sold by
Singh Darsan and Singh Narendra
Bought by
Solorzano Daniel Ramirez and Solorzano Yessica Anahi
Seller's Agent
Don Wright
Hype Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$519,900
Sold Price
$455,000
Premium/Discount to List
-$64,900
-12.48%
Views
178
Current Estimated Value
$504,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,454
Avg. Annual Appreciation
3.87%
Original Mortgage
$439,814
Outstanding Balance
$427,087
Interest Rate
6.58%
Mortgage Type
FHA
Estimated Equity
$76,234

Purchase Details

Closed on
Apr 26, 2005
Sold by
Harmon Financial Corp
Bought by
Singh Darsan and Singh Narendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 1997
Sold by
Harmon Equities
Bought by
Harmon Financial Corp

Purchase Details

Closed on
Jan 10, 1997
Sold by
Weidel Richard and Weidel Elizabeth
Bought by
Larsen Robert R and Albee David R

Purchase Details

Closed on
Jan 5, 1996
Sold by
Larsen Robert R and Albee David R
Bought by
Harmon Equities

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,823
Interest Rate
7.58%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 4, 1995
Sold by
Weidel Elizabeth
Bought by
Weidel Richard
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
Solorzano Daniel Ramirez $455,000 First American Title
Singh Darsan $350,000 Fidelity National Title
Harmon Financial Corp -- Fidelity National Title
Larsen Robert R $24,129 --
Larsen Robert R $32,229 --
Harmon Equities -- Fidelity National Title
Weidel Richard -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solorzano Daniel Ramirez $439,814
Previous Owner Singh Darsan $209,000
Previous Owner Singh Darsan $255,000
Previous Owner Singh Darsan $245,000
Previous Owner Harmon Equities $22,823
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2023 01/05/23 Sold $455,000 -4.2% $217 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
11/09/2022 11/09/22 Price Changed $474,900 -5.0% $226 / Sq Ft
10/06/2022 10/06/22 Price Changed $499,900 -3.8% $238 / Sq Ft
10/05/2022 10/05/22 For Sale $519,900 -- $248 / 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 $5,420 $464,100 $219,300 $244,800
2023 $5,501 $468,909 $147,369 $321,540
2022 $5,371 $459,716 $144,480 $315,236
2021 $4,205 $372,500 $80,000 $292,500
2020 $3,984 $342,000 $63,500 $278,500
2019 $3,970 $342,000 $63,500 $278,500
2018 $3,679 $325,500 $60,500 $265,000
2017 $3,344 $296,000 $55,000 $241,000
2016 $3,052 $269,000 $50,000 $219,000
2015 $2,564 $224,000 $50,000 $174,000
2014 $2,310 $200,000 $50,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222128567

MetroList

APN: 039-45-01