NOT LISTED FOR SALE

1335 Tully Rd Modesto, CA 95350

Estimated Value: $400,000

4 Beds
2 Baths
1,700 Sq Ft
$235/Sq Ft Est. Value

Last Sold June 08, 2012

Last sale price $112,500 $66 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $2,234/month

61 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-Story Property
  • Cottage
  • 2 Car Garage

About This Home

As of June 2012

Investor's Dream Duplex. Corner lot with detached 1 car garages. Both units are spacious 2 bedroom 1 bath with nice floor plans. Both have fenced backyards. Long term tenants with good payment history. Should be a great investment. Do not disturb tenants!

Last Agent to Sell the Property

Margie Brockman

Century 21 MM License #01470119 Listed on: 01/12/2012

Last Buyer's Agent

Margie Brockman

Century 21 MM License #01470119 Listed on: 01/12/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Cottage
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector

Listing and Financial Details

  • Tenant pays for cable tv electricity gas grounds care maintenance sewer trash collection water
  • Assessor Parcel Number 117-020-019-000

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

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1953
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,See Remarks
  • Disclosures/Documents: CC&Rs,Transfer Disclosure Statement
  • Listing Price: 115000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Smoke Detector
  • Cooling: Varies by Unit
  • Heating: Floor Furnace,See Remarks

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1500
  • Lot Dimensions: XXXX
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Grounds Care,Maintenance,Sewer,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Other
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 117-020-019-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2020
Sold by
Colin And Hudson Llc
Bought by
Colin And Hudson Llc
Current Estimated Value
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$809,000
Outstanding Balance
$719,558
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
-$319,558

Purchase Details

Listed on
Jan 12, 2012
Closed on
Jun 28, 2012
Sold by
Bates James L
Bought by
Colin and Hudson
Seller's Agent
Margie Brockman
Century 21 MM
Buyer's Agent
Margie Brockman
Century 21 MM
List Price
$115,000
Sold Price
$112,500
Premium/Discount to List
-$2,500
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%
Original Mortgage
$84,375
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 12, 2012
Closed on
Jun 6, 2012
Sold by
Carr Bryan R and Carr Darci R
Bought by
Bates James L
Seller's Agent
Margie Brockman
Century 21 MM
Buyer's Agent
Margie Brockman
Century 21 MM
List Price
$115,000
Sold Price
$112,500
Premium/Discount to List
-$2,500
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,375
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 12, 2012
Closed on
Jun 5, 2012
Sold by
Bates Elizabeth Ann
Bought by
Bates James L
Seller's Agent
Margie Brockman
Century 21 MM
Buyer's Agent
Margie Brockman
Century 21 MM
List Price
$115,000
Sold Price
$112,500
Premium/Discount to List
-$2,500
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,375
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2004
Sold by
Carr Bryan Robert and Carr Darci Rae
Bought by
Carr Bryan R and Carr Darci R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,950
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2004
Sold by
Carr Bryan Robert and Carr Darci Rae
Bought by
Carr Bryan Robert and Carr Darci Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 14, 2004
Sold by
Ramos Jorge and Ramos Rosie
Bought by
Carr Bryan Robert and Carr Darci Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 1998
Sold by
Washington Mutual Bank Fa
Bought by
Ramos Jorge and Ramos Rosie

Purchase Details

Closed on
Sep 23, 1998
Sold by
Cathcart Clayton E and Cathcart Lois E
Bought by
Home Svgs Of America Fsb

Purchase Details

Closed on
Apr 28, 1998
Sold by
Cathcart Clayton E and Cathcart Lois E
Bought by
Esau Marilyn J
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
Colin And Hudson Llc -- Chicago Title Company
Colin -- None Available
Bates James L $112,500 Placer Title Company
Bates James L -- Placer Title Company
Carr Bryan R -- Stewart Title Of Modesto
Carr Bryan Robert -- Fidelity National Title
Carr Bryan Robert $280,000 Fidelity National Title
Ramos Jorge $75,000 Stewart Title
Home Svgs Of America Fsb $81,000 Stewart Title
Esau Marilyn J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colin And Hudson Llc $809,000
Closed Bates James L $84,375
Previous Owner Carr Bryan R $28,950
Previous Owner Carr Bryan Robert $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2012 06/08/12 Sold $112,500 -2.2% $66 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
01/12/2012 01/12/12 For Sale $115,000 -- $68 / 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 $1,652 $141,294 $25,114 $116,180
2024 $1,578 $138,524 $24,622 $113,902
2023 $1,555 $135,809 $24,140 $111,669
2022 $1,517 $133,147 $23,667 $109,480
2021 $1,427 $130,537 $23,203 $107,334
2020 $1,455 $129,200 $22,966 $106,234
2019 $1,422 $126,667 $22,516 $104,151
2018 $1,353 $124,184 $22,075 $102,109
2017 $1,321 $121,750 $21,643 $100,107
2016 $1,296 $119,364 $21,219 $98,145
2015 $1,278 $117,572 $20,901 $96,671
2014 $1,259 $115,270 $20,492 $94,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12002617

MetroList

APN: 117-20-19