NOT LISTED FOR SALE

1338 Melrose Ave Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $507,000 - $519,834

4 Beds
2 Baths
2,330 Sq Ft
$220/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2024

Last sale price $515,000 $221 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,337 / mo

103 Days on Market

Highlights

  • Window or Skylight in Bathroom
  • Quartz Countertops
  • Subterranean Parking
  • Great Room
  • No HOA
  • 4-minute walk to Sutter Park

About This Home

As of April 2024

This is the income producing property you have been waiting for! Two homes on one lot and each home has new: Flooring, paint, kitchen, bathroom, HVAC, and updated electrical. This home is ready now to make money, move in one and rent out the other. Located minutes from hwy 99, shopping centers, restaurants, parks, hospitals and vibrant downtown Modesto. Not to mention a huge lot with room for an ADU.

Last Agent to Sell the Property

Shanae Clay

HomeSmart PV & Associates License #02122386 Listed on: 01/11/2024

HomeSmart PV & Associates

Last Buyer's Agent

Angeles Lomeli

Lifestyle Realty License #01960811

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 Details

Home Type

  • Single Family

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 8,699 Sq Ft Lot
  • Zoning described as R2

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Raised Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,330 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Great Room
  • Combination Dining and Living Room
  • Quartz Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower
  • Window or Skylight in Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Water Heater

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 031-014-072-000

Home Details

Home Type

Single Family

Year Built

Built in 1950 | Remodeled

Lot Details

8,699 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: Yes
  • Year Built: 1950
  • Levels: One
  • Remodeled/Updated Desc: Bath 0-5YR, Kitchen 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Features: Brick, Living Room, Wood Burning
  • Fireplaces: 1
  • Flooring: Laminate, Vinyl
  • Total Bathrooms: 2
  • Bathroom Features: Shower Stall(s), Window
  • Dining Room Features: Space in Kitchen, Dining/Living Combo
  • Kitchen Features: Quartz Counter
  • Living Room Features: Great Room
  • Main Level: Bedroom(s), Living Room, Dining Room, Master Bedroom, Full Bath(s), Kitchen, Street Entrance
  • Price Per Square Foot: 221.03
  • Square Footage: 2330.00

Exterior Features

  • Construction Materials: Frame
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 515000.00
  • Lot Features: Other
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Second Unit Kitchen: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Attached, Garage Facing Front, Underground Parking

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Other
  • Utilities: Public
  • Cooling: Wall Unit(s)
  • Electric: See Remarks, Other
  • Heating: Fireplace(s), Wall Furnace
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Irrigation: None
  • Lot Size Acres: 0.1997
  • Lot Size Sq Ft: 8699.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

  • Unit 2 Partial Bathrooms: 0
  • Unit 2 Description: 2bd 1ba
  • Unit 2 Occupied: No
  • Unit 2 Type: Attached

Tax Info

  • Assessor Parcel Number: 031-014-072-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Apr 19, 2024
Sold by
Wright Kimberly
Bought by
Seller's Agent
Shanae Clay
HomeSmart PV & Associates
Buyer's Agent
Angeles Lomeli
Lifestyle Realty
List Price
$515,000
Sold Price
$515,000
Views
235
Current Estimated Value
$512,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,929
Avg. Annual Appreciation
-0.13%
Original Mortgage
$386,250
Outstanding Balance
$377,189
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$136,228

Purchase Details

Listed on
Nov 23, 2022
Closed on
Apr 13, 2023
Sold by
Patel Jayendra
Bought by
Wright Kimberly
Seller's Agent
Jose Ojeda
eXp Realty of California Inc.
Buyer's Agent
Shanae Clay
HomeSmart PV & Associates
List Price
$499,000
Sold Price
$486,000
Premium/Discount to List
-$13,000
-2.61%
Views
125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$364,500
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2022
Closed on
Feb 24, 2023
Sold by
Patel Jayendra
Bought by
Wright Kimberly
Seller's Agent
Jose Ojeda
eXp Realty of California Inc.
Buyer's Agent
Shanae Clay
HomeSmart PV & Associates
List Price
$499,000
Sold Price
$486,000
Premium/Discount to List
-$13,000
-2.61%
Views
125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2021
Closed on
Apr 30, 2021
Sold by
Parrera Francisco Baluyot
Bought by
Parrera Family Living Trust and Small
Seller's Agent
Jagar Singh
Century 21 Select Real Estate
Buyer's Agent
Kendra Quadra
HomeSmart PV & Associates
List Price
$275,000
Sold Price
$290,000
Premium/Discount to List
$15,000
5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.60%

Purchase Details

Listed on
Apr 7, 2021
Closed on
Apr 29, 2021
Sold by
Small Marina Parrera and Parrera Joshua David
Bought by
Patel Jayendra
Seller's Agent
Jagar Singh
Century 21 Select Real Estate
Buyer's Agent
Kendra Quadra
HomeSmart PV & Associates
List Price
$275,000
Sold Price
$290,000
Premium/Discount to List
$15,000
5.45%

Purchase Details

Closed on
Jul 31, 2002
Sold by
Parrera Francisco and Parrera Mercedes
Bought by
Parrera Francisco Baluyot and Parrera Mercedes Solomon

Purchase Details

Closed on
Apr 12, 2002
Sold by
Parrera Francisco Baluyot and Parrera Mercedes Solomon
Bought by
Parrera Francisco and Parrera Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,550
Interest Rate
6.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 1997
Sold by
Solomon Parrera Francisco B and Solomon Mercedes
Bought by
Parrera Francisco Baluyot and Parrera Mercedes Solomon
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Central Modesto, CA

  • Sharmaine Capelli Real Estate Agent - Compass

    Sharmaine Capelli

    Compass

    (341) 222-1905

    72 Total Sales

    1 in Central Modesto

    $475,000 Price

    Sharmaine Capelli
     Section Image
  • Chin Fong Real Estate Agent - Cornerstone Realty and Mortgage

    Chin Fong

    Cornerstone Realty and Mortgage

    (510) 939-7684

    137 Total Sales

    2 in Central Modesto

    $513,000 Price Range

    Chin Fong
     Section Image
  • Ben Bazar Real Estate Agent - RE/MAX Executive

    Ben Bazar

    RE/MAX Executive

    (209) 497-5769

    82 Total Sales

    2 in Central Modesto

    $403K - $426K Price Range

    Ben Bazar
     Section Image
  • Diego Herra Real Estate Agent - Realty ONE Group Zoom

    Diego Herra

    Realty ONE Group Zoom

    (209) 699-8106

    206 Total Sales

    2 in Central Modesto

    $332K - $475K Price Range

    Diego Herra
     Section Image
  • Ivan Caballero Real Estate Agent - 1st Class Realty Co

    Ivan Caballero

    1st Class Realty Co

    (669) 266-0469

    58 Total Sales

    1 in Central Modesto

    $412,500 Price

    Ivan Caballero
     Section Image
  • Ismael Ontiveros Jr Real Estate Agent - HomeSmart PV & Associates

    Ismael Ontiveros Jr

    HomeSmart PV & Associates

    (209) 502-2514

    58 Total Sales

    3 in Central Modesto

    $355K - $465K Price Range

    Ismael Ontiveros Jr
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$515,000 First American Title
Wright Kimberly -- Chicago Title
Wright Kimberly $486,000 Chicago Title
Parrera Family Living Trust -- --
Parrera Small Marina -- --
Patel Jayendra $290,000 Chicago Title Company
Parrera Francisco Baluyot -- Fidelity National Title
Parrera Francisco -- First American Title Ins Co
Parrera Francisco Baluyot -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $386,250
Previous Owner Wright Kimberly $364,500
Previous Owner Parrera Francisco $57,550
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2024 04/23/24 Sold $515,000 0.0% $221 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
02/10/2024 02/10/24 Off Market $515,000 -- --
02/02/2024 02/02/24 Price Changed $515,000 0.0% $221 / Sq Ft
02/02/2024 02/02/24 For Sale $515,000 0.0% $221 / Sq Ft
01/30/2024 01/30/24 Off Market $515,000 -- --
01/11/2024 01/11/24 For Sale $530,000 +9.1% $227 / Sq Ft
02/28/2023 02/28/23 Sold $486,000 -2.6% $209 / Sq Ft View Prior Sale
01/14/2023 01/14/23 Pending -- -- --
11/23/2022 11/23/22 For Sale $499,000 +72.1% $214 / Sq Ft
04/30/2021 04/30/21 Sold $290,000 +5.5% $147 / Sq Ft View Prior Sale
04/13/2021 04/13/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $275,000 -- $140 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,143 $525,300 $232,560 $292,740
2024 $5,648 $495,720 $219,300 $276,420
2023 $3,455 $301,716 $93,636 $208,080
2022 $3,371 $295,800 $91,800 $204,000
2021 $1,808 $165,402 $46,795 $118,607
2020 $1,844 $163,707 $46,316 $117,391
2019 $1,801 $160,498 $45,408 $115,090
2018 $1,715 $157,352 $44,518 $112,834
2017 $1,674 $154,268 $43,646 $110,622
2016 $1,642 $151,244 $42,791 $108,453
2015 $1,620 $148,973 $42,149 $106,824
2014 $1,529 $140,000 $56,500 $83,500
Source: Public Records

Agents Affiliated with this Home

  • Shanae Clay Real Estate Agent - HomeSmart PV & Associates

    Seller's Agent in 2024

    Shanae Clay

    HomeSmart PV & Associates

    (209) 799-6635

    2 in this area

    7 Total Sales

    Shanae Clay
    Section Image
  • Angeles Lomeli Real Estate Agent - Lifestyle Realty

    Buyer's Agent in 2024

    Angeles Lomeli

    Lifestyle Realty

    (408) 841-1722

    2 in this area

    109 Total Sales

    Angeles Lomeli
    Section Image
  • Jose Ojeda Real Estate Agent - eXp Realty of California Inc.

    Seller's Agent in 2023

    Jose Ojeda

    eXp Realty of California Inc.

    (209) 668-0511

    7 in this area

    212 Total Sales

    Jose Ojeda
    Section Image
  • Jagar Singh Real Estate Agent - Century 21 Select Real Estate

    Seller's Agent in 2021

    Jagar Singh

    Century 21 Select Real Estate

    (209) 499-7611

    11 Total Sales

    Jagar Singh
    Section Image

  • KQ

    Buyer's Agent in 2021

    Kendra Quadra

    HomeSmart PV & Associates

    Section Image
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Map

Source: MetroList

MLS Number: 224003106

MetroList

APN: 031-14-72

California Stanislaus County Modesto 95350 Central Modesto

1338 Melrose Ave, Modesto, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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