NOT LISTED FOR SALE

1334 Boulder Ave Modesto, CA 95351

Estimated Value: $500,000 - $518,780

4 Beds
3 Baths
2,268 Sq Ft
$225/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $490,000 $216 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,168/month

1 Day on Market

Highlights

  • Corner Lot
  • No HOA
  • Tile Flooring
  • Granite Countertops
  • Video Cameras
  • Landscaped

About This Home

As of November 2023

Welcome to an exceptional investment opportunity in the heart of Modesto. This remarkable property offers a strategic location, impressive financial potential, and a diverse range of possibilities for savvy investors. With 2 parcels of land, 6 buildings, and a total of 7 units, this gem is poised to deliver excellent returns on your investment. There are 1 3-bedroom/2-bathroom unit, 1 2-bedroom/2-bathroom unit, 2 2-bedroom/1-bathroom units, and 3 1-bedroom/1-bathroom units (2 units on the same lot have 1bed/1bath additions without permits, but permits can be pulled with ease). 3 units will be delivered vacant so you can bring them to market rents of $1400-1800, bringing in a total gross of $8000+/monthly and lots of room for growth with yearly increases.

Last Agent to Sell the Property

Yusuf Nafey

eXp Realty of California Inc. License #02121822 Listed on: 10/02/2023

eXp Realty of California Inc.

Last Buyer's Agent

Jaime Bedoy

HomeSmart PV & Associates License #01452493

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 8,886 Sq Ft Lot
  • Landscaped
  • Corner Lot

Parking

  • 5 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,268 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Tile Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Video Cameras
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 038-038-041-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached
  • Property Subtype 1: 3+ Houses on Lot
  • Remodeled Updated: Unknown
  • Stories: 1
  • Year Built: 1941
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Total Bathrooms: 3
  • Bathroom Features: Tile,Tub w/Shower Over
  • Dining Room Features: Other
  • Kitchen Features: Granite Counter
  • Living Room Features: Other
  • Main Level: Family Room
  • Price Per Square Foot: 216.05
  • Square Footage: 2268.00

Exterior Features

  • Construction Materials: Stucco, Frame, Wood
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 490000.00
  • Lot Features: Corner, Landscape Front
  • Pool: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking Features: Other

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector, Video System
  • Sewer: Septic System
  • Utilities: Natural Gas Available
  • Cooling: Ceiling Fan(s), Central, Window Unit(s)
  • Electric: See Remarks
  • Heating: Central
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Multi Family Dwelling
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.2040
  • Lot Size Sq Ft: 8886.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Assessor Parcel Number: 038-038-041-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2024
Sold by
Garcia Jesus
Bought by
Naranjo Dayren Alejandra Ba
Current Estimated Value
$509,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$325,179
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$184,211

Purchase Details

Listed on
Oct 2, 2023
Closed on
Nov 15, 2023
Sold by
Dea Frances Y and Alsumeri Fahmi
Bought by
Naranjo Dayren Alejandra Ba and Garcia Jesus
Seller's Agent
Yusuf Nafey
eXp Realty of California Inc.
Buyer's Agent
Jaime Bedoy
HomeSmart PV & Associates
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%
Original Mortgage
$343,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2023
Closed on
Nov 14, 2023
Sold by
Dea Billy
Bought by
Dea Frances Y
Seller's Agent
Yusuf Nafey
eXp Realty of California Inc.
Buyer's Agent
Jaime Bedoy
HomeSmart PV & Associates
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2013
Closed on
Jul 24, 2013
Sold by
Wall Andrew Joe
Bought by
Dea Frances Y and Al Sumeri Fahmi
Seller's Agent
Pamela Haile
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Ricardo Gil
Gil's Real Estate
List Price
$220,000
Sold Price
$190,000
Premium/Discount to List
-$30,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%

Purchase Details

Closed on
May 30, 2007
Sold by
Wall Charles P
Bought by
The Charles Phillip Wall 2007 Revocable
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
Naranjo Dayren Alejandra Ba -- Chicago Title
Naranjo Dayren Alejandra Ba $490,000 First American Title
Dea Frances Y -- First American Title
Alsumeri Fahmi -- First American Title
Dea Frances Y $190,000 First American Title Company
The Charles Phillip Wall 2007 Revocable -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naranjo Dayren Alejandra Ba $340,000
Previous Owner Naranjo Dayren Alejandra Ba $343,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2023 11/17/23 Sold $490,000 -1.8% $216 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $499,000 +162.6% $220 / Sq Ft
07/26/2013 07/26/13 Sold $190,000 -13.6% $64 / Sq Ft View Prior Sale
07/12/2013 07/12/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $220,000 -- $74 / 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 $5,989 $499,800 $173,400 $326,400
2024 $5,754 $490,000 $170,000 $320,000
2023 $1,518 $117,818 $17,669 $100,149
2022 $1,485 $115,509 $17,323 $98,186
2021 $1,405 $113,245 $16,984 $96,261
2020 $1,416 $112,084 $16,810 $95,274
2019 $1,391 $109,887 $16,481 $93,406
2018 $1,333 $107,733 $16,158 $91,575
2017 $1,293 $105,622 $15,842 $89,780
2016 $1,264 $103,552 $15,532 $88,020
2015 $1,272 $101,997 $15,299 $86,698
2014 $1,248 $100,000 $15,000 $85,000
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2023

    Yusuf Nafey

    eXp Realty of California Inc.

    Section Image
  • Jaime Bedoy

    Buyer's Agent in 2023

    Jaime Bedoy

    HomeSmart PV & Associates

    (209) 622-6053

    53 Total Sales

    Jaime Bedoy
    Section Image

  • P

    Seller's Agent in 2013

    Pamela Haile

    BHHS Drysdale

    Section Image
  • Ricardo Gil

    Buyer's Agent in 2013

    Ricardo Gil

    Gil's Real Estate

    (209) 910-4457

    54 Total Sales

    Ricardo Gil
    Section Image
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Map

Source: MetroList

MLS Number: 223095324

MetroList

APN: 038-38-41

California Stanislaus County Modesto 95351

1334 Boulder Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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