NOT LISTED FOR SALE

1401 Lorainne Ave Modesto, CA 95350

Estimated Value: $316,000 - $450,000

3 Beds
2 Baths
1,676 Sq Ft
$245/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $124,000 $74 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $2,301/month

56 Days on Market

Highlights

  • Window or Skylight in Bathroom
  • Granite Countertops
  • Covered Patio or Porch
  • Corner Lot
  • No HOA
  • 2 Car Attached Garage

About This Home

As of February 2012

This is a lovely home located on a tree lined street close to schools and shopping. Home has recently been updated with new flooring, windows, fresh paint, fixtures, new stove and dishwater, granite counters with tile backsplash, sinks and much more! Check out the variety of fruit trees in the back yard!

Last Agent to Sell the Property

Rosa Gonzalez

PMZ Real Estate License #01377276 Listed on: 12/06/2011

PMZ Real Estate

Last Buyer's Agent

Saundra Goncalves

Century 21 Select Real Estate License #01416726

Century 21 Select Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Landscaped
  • Corner Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,676 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Separate Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry in unit
  • 220 Volts In Laundry

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 060-007-006-000

Home Details

Home Type

Single Family

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1957
  • Architectural Style: See Remarks
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Electric Oven, Dishwasher, Disposal, Electric Cook Top, Microwave
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Carpet, Tile, Linoleum/Vinyl
  • Master Bathroom Features: Shower Stall(s), Tile, Window
  • Master Bedroom Features: Walk-In Closet
  • Total Bathrooms: 2
  • Bathroom Features: Tile, Tub w/Shower Over, Window
  • Dining Room Features: Space in Kitchen
  • Kitchen Features: Granite Counter
  • Room Type: Baths Other, Master Bathroom, Master Bedroom
  • Price Per Square Foot: 73.99
  • Square Footage: 1676.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Wood
  • Property Faces: South
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 119900.00
  • Lot Features: Auto Sprinkler F&R, Corner, Landscape Back, Landscape Front
  • New Construction: No
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Composition
  • Spa: No
  • Topography: Level,Trees Many

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Smoke Detector
  • Sewer: In & Connected
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts, 220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Inside Area
  • 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: R1
  • Lot Size Acres: 0.1800
  • Lot Dimensions: xxx
  • Lot Size Sq Ft: 7841.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 060-007-006-000
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2011
Closed on
Feb 17, 2012
Sold by
Nehemiah Community Reinvestment Enterpri
Bought by
Sorrick Nichole
Seller's Agent
Rosa Gonzalez
PMZ Real Estate
Buyer's Agent
Saundra Goncalves
Century 21 Select Real Estate
List Price
$133,000
Sold Price
$124,000
Premium/Discount to List
-$9,000
-6.77%
Current Estimated Value
$410,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,168
Avg. Annual Appreciation
9.02%
Original Mortgage
$120,856
Outstanding Balance
$82,719
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$327,449

Purchase Details

Closed on
Oct 6, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Nehemiah Community Reinvestment Enterpri

Purchase Details

Closed on
Jul 19, 2011
Sold by
Flores Johnny and Flores Shoshone
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 2, 2006
Sold by
Bowlin Jo Ann and Estate Of Florence Cheever
Bought by
Flores Johnny and Flores Shoshone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,800
Interest Rate
7.4%
Mortgage Type
Balloon
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
Sorrick Nichole $124,000 Old Republic Title Company
Nehemiah Community Reinvestment Enterpri $90,000 Old Republic
Deutsche Bank National Trust Company $122,220 None Available
Flores Johnny $341,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorrick Nichole $120,856
Previous Owner Flores Johnny $272,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2012 02/24/12 Sold $124,000 -6.8% $74 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
12/06/2011 12/06/11 For Sale $133,000 -- $79 / 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 $1,821 $155,739 $37,676 $118,063
2024 $1,740 $152,687 $36,938 $115,749
2023 $1,714 $149,694 $36,214 $113,480
2022 $1,672 $146,759 $35,504 $111,255
2021 $1,573 $143,882 $34,808 $109,074
2020 $1,604 $142,408 $34,452 $107,956
2019 $1,567 $139,617 $33,777 $105,840
2018 $1,492 $136,880 $33,115 $103,765
2017 $1,456 $134,197 $32,466 $101,731
2016 $1,428 $131,567 $31,830 $99,737
2015 $1,409 $129,591 $31,352 $98,239
2014 $1,387 $127,053 $30,738 $96,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 11084995

MetroList

APN: 060-07-06