NOT LISTED FOR SALE

Estimated Value: $270,386 - $374,000

5 Beds
2 Baths
1,560 Sq Ft
$207/Sq Ft Est. Value

Last Sold June 08, 2016

Last sale price $200,000 $128 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,911/month

8 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • Washer and Dryer
  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of June 2016

Are you in the market or do you know anyone looking for a nice rental property with positive cash flow? Well then check this one out. $1700 a month of combined rent is generated from this Modesto Ca duplex. One unit is a 3 bedroom, 1 bath rented for $980.00, the other is a 2 bedroom, 1 bath rented for $750.00. The units have their own meters and are turnkey, low maintenance, and designed for minimizing downtime when having to turn them over. Tenants pay elec,gas,and water. Owner pays gar

Last Agent to Sell the Property

Donny Piwowarski

Hero Real Estate License #01444374 Listed on: 03/29/2016

Last Buyer's Agent

Honelia Enriquez-Reyes

BHGRE Integrity Real Estate License #01972958

BHGRE Integrity Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,900 Sq Ft Lot

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Washer and Dryer

Utilities

  • Central Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units Leased Month-To-Month

Listing and Financial Details

  • Tenant pays for electricity gas water
  • Assessor Parcel Number 037-024-039-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1961
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Range
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 194950.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open,Street,Varies by Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Washer/Dryer

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: SFR
  • Lot Size Acres: 0.1584
  • Lot Size Sq Ft: 6900

Rental Info

  • Tenant Pays: Electricity,Gas,Water
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Month to Month Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 037-024-039-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Barron Gerardo
Bought by
Barron Gerardo
Current Estimated Value
$318,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,700
Outstanding Balance
$225,879
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$96,314

Purchase Details

Listed on
Mar 29, 2016
Closed on
Jun 1, 2016
Sold by
Randhawa Ranjit S and Randhawa Kuljinder K
Bought by
Barron Gerardo
Seller's Agent
Donny Piwowarski
Hero Real Estate
Buyer's Agent
Honelia Enriquez-Reyes
BHGRE Integrity Real Estate
List Price
$194,950
Sold Price
$200,000
Premium/Discount to List
$5,050
2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$196,377
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 15, 2014
Closed on
Nov 2, 2014
Sold by
Jones Rosalind F
Bought by
Randhawa Ranjit S and Randhawa Kuljinder K
Seller's Agent
Lynda Scofield
Vylla Home Inc.
Buyer's Agent
Lynda Scofield
Vylla Home Inc.
List Price
$132,500
Sold Price
$132,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.99%
Original Mortgage
$99,375
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 30, 2013
Closed on
Mar 1, 2013
Sold by
Cabrera Melinda S
Bought by
Jones Rosalind F
Seller's Agent
Alan Ferreira
California Pacific Brokers
Buyer's Agent
Maurice Barela
HomeSmart PV & Associates
List Price
$109,000
Sold Price
$109,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Original Mortgage
$107,025
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 2012
Sold by
Cabrera Alberto V
Bought by
Cabrera Melinda S

Purchase Details

Closed on
Jul 12, 2010
Sold by
California Equity Management Group Inc
Bought by
Cabrera Melinda S

Purchase Details

Closed on
Nov 23, 2009
Sold by
Manivanh Debbie E
Bought by
California Equity Management Group Inc

Purchase Details

Closed on
Mar 22, 2007
Sold by
Manivanh Surin
Bought by
Manivanh Debbie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2005
Sold by
Carter Walter T and Ames William H
Bought by
Manivanh Surin and Manivanh Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,900
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 12, 2004
Sold by
Phillips Jacquelyn J
Bought by
Ames William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 2004
Sold by
Rivera Laura and Orozco Jamie
Bought by
Ames William H and Phillips Jacquelyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,600
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2000
Sold by
Fierro Irene Lopez
Bought by
Bernal Rosario Enriquez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,149
Interest Rate
8.55%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 5, 2000
Sold by
Kemp Howard and Kemp Raylene
Bought by
Orozco Jamie and Rivera Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,149
Interest Rate
8.55%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2000
Sold by
California Federal Bank
Bought by
Kemp Howard and Kemp Raylene

Purchase Details

Closed on
Feb 25, 2000
Sold by
Mark Dunkel and Mark Valla M
Bought by
California Federal Bank
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
Barron Gerardo -- Lawyers Title Company
Barron Gerardo -- Lawyers Title Company
Barron Gerardo $200,000 Chicago Title Company
Randhawa Ranjit S $132,500 First American Title Company
Jones Rosalind F $109,000 First American Title
Cabrera Melinda S -- None Available
Cabrera Melinda S $38,500 None Available
California Equity Management Group Inc $38,255 None Available
Manivanh Debbie E -- Old Republic Title Company
Manivanh Surin $285,000 Chicago Title
Ames William H -- Chicago Title
Ames William H $138,500 Chicago Title
Bernal Rosario Enriquez -- Fidelity National Title Co
Orozco Jamie $88,500 Fidelity National Title Co
Kemp Howard $18,000 Fidelity National Title Co
California Federal Bank $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barron Gerardo $247,700
Closed Barron Gerardo $196,377
Previous Owner Randhawa Ranjit S $99,375
Previous Owner Jones Rosalind F $107,025
Previous Owner Manivanh Debbie E $272,000
Previous Owner Manivanh Surin $239,900
Previous Owner Ames William H $240,000
Previous Owner Ames William H $24,600
Previous Owner Orozco Jamie $87,149
Closed Orozco Jamie $5,262
Closed Ames William H $24,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2016 06/08/16 Sold $200,000 +2.6% $128 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $194,950 +47.1% $125 / Sq Ft
11/14/2014 11/14/14 Sold $132,500 0.0% $85 / Sq Ft View Prior Sale
10/16/2014 10/16/14 Pending -- -- --
10/15/2014 10/15/14 For Sale $132,500 +21.6% $85 / Sq Ft
03/07/2013 03/07/13 Sold $109,000 0.0% $70 / Sq Ft View Prior Sale
02/04/2013 02/04/13 Pending -- -- --
01/30/2013 01/30/13 For Sale $109,000 -- $70 / 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 $2,921 $236,753 $35,511 $201,242
2024 $2,796 $232,112 $34,815 $197,297
2023 $2,756 $227,562 $34,133 $193,429
2022 $2,691 $223,101 $33,464 $189,637
2021 $2,539 $218,727 $32,808 $185,919
2020 $2,585 $216,485 $32,472 $184,013
2019 $2,527 $212,241 $31,836 $180,405
2018 $2,412 $208,080 $31,212 $176,868
2017 $2,358 $204,000 $30,600 $173,400
2016 $1,605 $134,520 $18,274 $116,246
2015 $1,585 $132,500 $18,000 $114,500
2014 -- $109,494 $15,068 $94,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16017845

MetroList

APN: 037-24-39