NOT LISTED FOR SALE

Estimated Value: $577,000 - $696,276

7 Beds
5 Baths
14,964 Sq Ft
$43/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $365,000 $24 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,425/month

135 Days on Market

Highlights

  • No HOA
  • Floor Furnace
  • 1-Story Property

About This Home

As of July 2016

Perfect investment property located downtown zoned urban general development. Front unit is a 4BD/2BA home with hardwood floors with that old world charm. Building in the back has 3 units with 3 garages. Long time tenants all rented. Call for more details.

Last Agent to Sell the Property

Nick Mcadams

PMZ Real Estate License #01252142 Listed on: 01/15/2016

PMZ Real Estate

Last Buyer's Agent

Vinson Chase

RE/MAX Executive License #00336901

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,275

Year Built

  • Built in 1950

Lot Details

  • 7,000

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Quadruplex
  • Composition Roof

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 7,000 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 105-033-007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • Insurance Expense $1,025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,275

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1950
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,See Remarks
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 419900.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Garage Spaces: 3
  • Parking Features: Garage,Street,Varies by Unit

Utilities

  • Utilities: Cable Connected
  • Cooling: Window Unit(s)
  • Heating: Floor Furnace

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: UGD
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas

Multi Family

  • Income Includes: See Remarks
  • Insurance Expense: 1025
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 105-033-007
  • Current RE Taxes: 1275

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2016
Closed on
Jul 20, 2016
Sold by
Larsen Shari L and Jespersen Denette
Bought by
Crosspoint Community Church Of Modesto
Seller's Agent
Nick Mcadams
PMZ Real Estate
Buyer's Agent
Vinson Chase
RE/MAX Executive
List Price
$419,900
Sold Price
$365,000
Premium/Discount to List
-$54,900
-13.07%
Current Estimated Value
$636,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,638
Avg. Annual Appreciation
6.08%
Original Mortgage
$305,000
Outstanding Balance
$243,168
Interest Rate
3.54%
Mortgage Type
Commercial
Estimated Equity
$393,470

Purchase Details

Closed on
Jan 21, 1998
Sold by
Larsen Carroll Don & Geraldine Trustees
Bought by
Larsen Carroll Don and Larsen Geraldine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Crosspoint Community Church Of Modesto $370,000 First American Title Company
Larsen Carroll Don -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crosspoint Community Church Of Modesto $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2016 07/28/16 Sold $365,000 -13.1% $24 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $419,900 -- $28 / 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 $1,070 $429,411 $121,858 $307,553
2024 $1,022 $420,992 $119,469 $301,523
2023 $1,007 $412,738 $117,127 $295,611
2022 $983 $404,646 $114,831 $289,815
2021 $924 $396,713 $112,580 $284,133
2020 $942 $392,646 $111,426 $281,220
2019 $2,066 $384,948 $109,242 $275,706
2018 $4,113 $377,400 $107,100 $270,300
2017 $4,015 $370,000 $105,000 $265,000
2016 $2,139 $197,056 $44,678 $152,378
2015 $1,295 $119,062 $50,720 $68,342
2014 $1,274 $116,731 $49,727 $67,004
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 16002497

MetroList

APN: 105-33-07