Aaron Unger
Simplified Realty
(209) 255-5824
158 Total Sales
2 in Central Modesto
$419K - $610K Price Range
140 Mark Randy Place Modesto, CA 95350
Central Modesto Neighborhood
5
Beds
4
Baths
28,240
Sq Ft
1.45
Acre Lot
Highlights
- 1.45 Acre Lot
- Central Heating
- Laundry Facilities
- Community Pool
About This Home
As of July 2019*Excellent unit mix: 8-2/2; 8-2/1; and 16-1/1
*5.5% + Cap at current rent
*Central HVAC in each unit
*Very large unit sizes: 1-bedroom 900 sf, 2 bed 1 bath 1,050 sf, and 2 bed 2 bath 1,200 sf
*2 bed 2 bath have a fireplace and washer/dryer hook ups
*Downstairs units have enclosed patios and upstairs have balconies
*All units also have storage closets on patio/balconies
*Onsite laundry room and well-maintained swimming pool
*History of long-term tenancy with excellent rent collection record
*Turn Key operation
*Individually metered for utilities
*Strong rental community, rare vacancy
*32 on-site car parking
*Copper plumbing
Last Agent to Sell the Property
Abu Majumder, Broker License #01275191 Listed on: 03/04/2019
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 1.45 Acre Lot
- No Common Walls
Parking
- 32 Car Garage
Home Design
- 28,240 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Utilities
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 120052028000
Community Details
Overview
- 2 Buildings
- 32 Units
Amenities
- Laundry Facilities
Recreation
- Community Pool
Building Details
- 32 Separate Electric Meters
- 32 Separate Gas Meters
- 32 Separate Water Meters
- Electric Expense $1,932
- Fuel Expense $45
- Insurance Expense $11,375
- Professional Management Expense $31,685
- Trash Expense $3,172
- Water Sewer Expense $12,464
- New Taxes Expense $51,986
- Operating Expense $144,872
- Gross Income $464,496
- Net Operating Income $310,331
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
Mar 4, 2019
Closed on
Jun 28, 2019
Sold by
Pi Properties No 127 Llc
Bought by
Seller's Agent
Abu Majumder
Abu Majumder, Broker
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$4,800,000
Sold Price
$4,240,000
Premium/Discount to List
-$560,000
-11.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,054,000
Interest Rate
4%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 27, 2018
Sold by
Lugli Family Rose Garden Llc
Bought by
Pl Properties No 127 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 1, 2002
Sold by
Lugli Russell V
Bought by
Rose Garden Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,256,000
Interest Rate
6.52%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 20, 1999
Sold by
Capital Growth Realty Fund
Bought by
Lugli Russell and Lugli Susan
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central Modesto, CA
-
Aaron Unger
-
Kristopher Losole
Kristopher Losole
PMZ Real Estate
(209) 719-3737
113 Total Sales
11 in Central Modesto
$239K - $555K Price Range
-
John Altstatt
John Altstatt
Homelink Real Estate
(345) 345-3132
91 Total Sales
10 in Central Modesto
$170K - $452K Price Range
-
Margeley Bernal
Margeley Bernal
J.Peter Realtors
(209) 554-1717
135 Total Sales
32 in Central Modesto
$80K - $750K Price Range
-
Cindy Thomas
Cindy Thomas
HomeSmart PV & Associates
(209) 263-4749
72 Total Sales
1 in Central Modesto
$515,000 Price
-
Jayesh Karamchandani
Jayesh Karamchandani
Real Broker Technologies
(209) 900-5939
36 Total Sales
4 in Central Modesto
$385K - $600K Price Range
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 |
|---|---|---|---|
| $4,240,000 | Old Republic Title Company | ||
| Pl Properties No 127 Llc | $3,000,000 | Chicago Title Co | |
| Pi Properties No 127 Llc | -- | Chicago Title Co | |
| Rose Garden Llc | -- | First American Title Co | |
| Lugli Russell | $452,500 | First American Title Guarant |
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 | $3,452,000 | ||
| Closed | Sutter Properties Eight Llc | $3,054,000 | |
| Previous Owner | Pl Properties No 127 Llc | $2,100,000 | |
| Previous Owner | Lugli Family Rose Garden Llc | $1,253,000 | |
| Previous Owner | Rose Garden Llc | $1,256,000 |
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 |
|---|---|---|---|---|
| 07/05/2019 07/05/19 | Sold | $4,240,000 | -1.9% | $150 / Sq Ft |
| 04/30/2019 04/30/19 | Pending | -- | -- | -- |
| 04/10/2019 04/10/19 | Price Changed | $4,320,000 | -10.0% | $153 / Sq Ft |
| 03/04/2019 03/04/19 | For Sale | $4,800,000 | -- | $170 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $51,206 | $4,633,871 | $481,202 | $4,152,669 |
| 2024 | $50,329 | $4,547,078 | $471,767 | $4,075,311 |
| 2023 | $49,342 | $4,455,254 | $462,517 | $3,992,737 |
| 2022 | $47,350 | $4,368,564 | $453,449 | $3,915,115 |
| 2021 | $46,531 | $4,283,573 | $444,558 | $3,839,015 |
| 2020 | $45,896 | $4,243,400 | $440,000 | $3,803,400 |
| 2019 | $32,493 | $3,000,000 | $380,000 | $2,620,000 |
| 2018 | $16,486 | $1,522,179 | $259,349 | $1,262,830 |
| 2017 | $16,101 | $1,493,098 | $254,264 | $1,238,834 |
| 2016 | $16,059 | $1,468,487 | $249,279 | $1,219,208 |
| 2015 | $15,788 | $1,443,174 | $245,535 | $1,197,639 |
| 2014 | $15,739 | $1,415,669 | $240,726 | $1,174,943 |
Source: Public Records
Agents Affiliated with this Home
-
Abu Majumder
Seller's Agent in 2019
Abu Majumder
Abu Majumder, Broker
(310) 856-1121
-
GN
Buyer's Agent in 2019
General NONMEMBER
NONMEMBER MRML
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19049522
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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