NOT LISTED FOR SALE

1351 Leonard Ave Modesto, CA 95350

Estimated Value: $497,000 - $763,473

7 Beds
5 Baths
3,126 Sq Ft
$202/Sq Ft Est. Value

Last Sold January 20, 2012

Last sale price $219,000 $70 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $3,570/month

140 Days on Market

Highlights

  • No HOA
  • Satellite Dish
  • 1-Story Property
  • Double Pane Windows

About This Home

As of January 2012

BUYER FELL THROUGH. DONT MISS OUT! Completely renovated, Live in front home and pay your mortgage with the back 4 units currently rented. One block from MJC, nearly an acre with potential 12 additional units. Front unit full size family home, 3 bed 2 bath, new kitchen, indoor laundry, and fireplace.

Last Agent to Sell the Property

David Allan

PMZ Real Estate License #01733178 Listed on: 05/26/2011

PMZ Real Estate

Last Buyer's Agent

Robert Merritt

PMZ Real Estate License #01402829

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions: 120

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Parking

  • 2 Covered Spaces
  • 10 Open Parking Spaces

Utilities

  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 115-030-005-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Evergreen Acres Subdivision

Building Details

  • 3 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1948
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Evergreen Acres
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2011

Interior Features

  • Appliances: See Remarks
  • Flooring: Carpet,Wood,Varies by Unit
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Lap Siding,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 219000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 10
  • Covered Parking Spaces: 2
  • Parking Features: Open

Utilities

  • Utilities: Dish Antenna
  • Cooling: Central,Window Unit(s)
  • Heating: Central,Wall Furnace

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-3
  • Lot Size Acres: 0.6860
  • Lot Dimensions: 120 x 249
  • Lot Size Sq Ft: 29882

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Other
  • Number of Leased Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 115-030-005-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2020
Sold by
Merritt Robert C and Merritt Vivian Ruth
Bought by
Merritt Robert C and Merritt Vivian Ruth
Current Estimated Value
$630,237

Purchase Details

Listed on
May 26, 2011
Closed on
Jan 13, 2012
Sold by
Ball Navdeep
Bought by
Merritt Robert C and Merritt Vivian Ruth
Seller's Agent
David Allan
PMZ Real Estate
Buyer's Agent
Robert Merritt
PMZ Real Estate
List Price
$260,000
Sold Price
$219,000
Premium/Discount to List
-$41,000
-15.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$164,250
Outstanding Balance
$112,335
Interest Rate
3.93%
Mortgage Type
Commercial
Estimated Equity
$517,902

Purchase Details

Closed on
Oct 12, 2011
Sold by
Ball Suphia
Bought by
Bali Navdeep

Purchase Details

Closed on
Dec 30, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Bali Navdeep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2010
Sold by
Vohra Mohamed Amin
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 29, 2008
Sold by
Vohra Mohamed Amin
Bought by
Modesto Multi Family I Llc

Purchase Details

Closed on
Dec 23, 2005
Sold by
Vohra Shaheen U
Bought by
Vohra Mohamed Amin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,000
Interest Rate
10.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2004
Sold by
Andam Filemon
Bought by
Villalobos Rolando A and Blandon Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2004
Sold by
Blandon Monica
Bought by
Blandon Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.65%
Mortgage Type
Commercial
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
Merritt Robert C -- None Available
Merritt Robert C $219,000 Chicago Title Company
Bali Navdeep -- Chicago Title Company
Bali Navdeep $141,000 Ticor Title Riverside
Deutsche Bank National Trust Company $228,757 Servicelink
Modesto Multi Family I Llc -- Accommodation
Vohra Mohamed Amin -- Fidelity Natl Title Co Of Ca
Vohra Mohamed Amin $675,000 Fidelity Natl Title Co Of Ca
B & B Laundry Inc -- Fidelity Natl Title Co Of Ca
Villalobos Rolando A $345,000 Fidelity National Title
Blandon Eduardo -- Fidelity National Title
Villalobos Rolando -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merritt Robert C $164,250
Previous Owner Bali Navdeep $104,000
Previous Owner Vohra Mohamed Amin $558,000
Previous Owner Villalobos Rolando A $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2012 01/20/12 Sold $219,000 -15.8% $70 / Sq Ft
10/13/2011 10/13/11 Pending -- -- --
05/26/2011 05/26/11 For Sale $260,000 -- $83 / 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 $3,217 $275,063 $87,918 $187,145
2024 $3,073 $269,671 $86,195 $183,476
2023 $3,027 $264,384 $84,505 $179,879
2022 $2,954 $259,201 $82,849 $176,352
2021 $2,778 $254,120 $81,225 $172,895
2020 $2,833 $251,516 $80,393 $171,123
2019 $2,768 $246,585 $78,817 $167,768
2018 $2,635 $241,751 $77,272 $164,479
2017 $2,572 $237,011 $75,757 $161,254
2016 $2,523 $232,365 $74,272 $158,093
2015 $2,488 $228,876 $73,157 $155,719
2014 $2,450 $224,393 $71,724 $152,669
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    David Allan

    PMZ Real Estate

    Section Image

  • R

    Buyer's Agent in 2012

    Robert Merritt

    PMZ Real Estate

See All Agents

Map

Source: MetroList

MLS Number: 11039292

MetroList

APN: 115-30-05

California Stanislaus County Modesto 95350

1351 Leonard Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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