NOT LISTED FOR SALE

1420 Monterey Ave Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $378,276 - $407,000

6 Beds
2 Baths
2,000 Sq Ft
$196/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $297,500 $149 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,346/month

184 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating
  • 1-Story Property
  • No HOA
  • Washer and Dryer

About This Home

As of February 2021

First time on the market don't miss out on a great cash flowing duplex live in one unit and rent the other! Each unit features 3 bedrooms and 1 bath with its own washer and dryer in the unit. New fences were just installed throughout the property. Property can be sold with MLS# 20039862 as a package deal, make an offer.

Last Agent to Sell the Property

Jeffrey DeHart

Range Homes License #02077545 Listed on: 07/24/2020

Last Buyer's Agent

Jeffrey DeHart

Range Homes License #02077545 Listed on: 07/24/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007

Lot Details

  • 5,998 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Washer and Dryer

Utilities

  • Central Heating
  • 220 Volts

Listing and Financial Details

  • Tenant pays for electricity rent only see remarks
  • Assessor Parcel Number 035-047-030-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 2007
  • Architectural Style: Traditional
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Refrigerator
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Raised
  • Listing Price: 310000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Window Unit(s)
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Washer/Dryer

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 5998

Rental Info

  • Tenant Pays: Electricity,Rent Only,See Remarks
  • Total # Leasable: 2

Multi Family

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

Tax Info

  • Assessor Parcel Number: 035-047-030-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Feb 5, 2021
Sold by
Smith Paul D and Smith Tereasa B
Bought by
Chundgund Rupawali and Kumar Tarun
Seller's Agent
Jeffrey DeHart
Range Homes
Buyer's Agent
Jeffrey DeHart
Range Homes
List Price
$315,000
Sold Price
$297,500
Premium/Discount to List
-$17,500
-5.56%
Current Estimated Value
$392,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,138
Avg. Annual Appreciation
5.80%
Original Mortgage
$252,875
Outstanding Balance
$225,253
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$167,385
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
Chundgund Rupawali $297,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chundgund Rupawali $252,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2021 02/16/21 Sold $297,500 -4.0% $149 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
10/14/2020 10/14/20 Price Changed $310,000 -1.6% $155 / Sq Ft
10/12/2020 10/12/20 For Sale $315,000 +5.9% $158 / Sq Ft
10/10/2020 10/10/20 Off Market $297,500 -- --
08/17/2020 08/17/20 For Sale $315,000 0.0% $158 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $315,000 -- $158 / 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 $3,766 $322,021 $119,066 $202,955
2024 $3,597 $315,708 $116,732 $198,976
2023 $3,544 $309,519 $114,444 $195,075
2022 $3,458 $303,450 $112,200 $191,250
2021 $3,280 $300,000 $80,000 $220,000
2020 $3,379 $300,000 $47,000 $253,000
2019 $3,367 $300,000 $47,000 $253,000
2018 $3,111 $285,500 $45,000 $240,500
2017 $2,816 $259,500 $41,000 $218,500
2016 $2,562 $236,000 $37,500 $198,500
2015 $2,142 $197,000 $37,500 $159,500
2014 $1,922 $176,000 $37,500 $138,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jeffrey DeHart

    Range Homes

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Map

Source: MetroList

MLS Number: 20039872

MetroList

APN: 035-47-30

California Stanislaus County Modesto 95354 La Loma

1420 Monterey Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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