NOT LISTED FOR SALE

1423 Mono Dr Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $472,000 - $818,470

7 Beds
4 Baths
2,884 Sq Ft
$224/Sq Ft Est. Value

Last Sold February 23, 2015

Last sale price $407,000 $141 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,040/month

40 Days on Market

Highlights

  • 0.7 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of February 2015

Amazingly, well maintained by Sellers and Tenants; ; some long term;1423 Mono ;will be remodeled,tile tub; new shower head, tiled bath; painted, have same light orange paint; white fence. Addresses: Mono: 1415;141/2;1417;1423;duplex:1425; 1427; Kerr:233

Last Agent to Sell the Property

Renny Singh

Century 21 MM License #00797089 Listed on: 10/06/2014

Last Buyer's Agent

Gary Izard

Independent Rl Est Brokers License #01359320

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 0.7

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • 0.7 Acre Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 035-027-012

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 7 Units

Building Details

  • 7 Leased Units
  • 7 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1937
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile,Wood,Varies by Unit

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts
  • Listing Price: 407000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Open

Utilities

  • Cooling: Ceiling Fan(s),Window Unit(s),Varies by Unit
  • Heating: Varies by Unit,See Remarks

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Public Trans Nearby,Yard Space,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MLT FAM DW
  • Lot Size Acres: 0.7000
  • Lot Size Sq Ft: 30492

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 7
  • Number of Month to Month Units: 7
  • Number of Units: 7
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 035-027-012

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
Narang Amarpal
Bought by
Daas Group Llc
Current Estimated Value
$645,235

Purchase Details

Closed on
Aug 1, 2018
Sold by
Narang Anju
Bought by
Narang Amarpal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Outstanding Balance
$400,392
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$244,843

Purchase Details

Listed on
Oct 6, 2014
Closed on
Feb 17, 2015
Sold by
Nguyen Chi T and Duong Bac T
Bought by
Narang Amarpal
Seller's Agent
Renny Singh
Century 21 MM
Buyer's Agent
Gary Izard
Independent Rl Est Brokers
List Price
$429,950
Sold Price
$407,000
Premium/Discount to List
-$22,950
-5.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$300,307
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2004
Sold by
Farmer Bruce W
Bought by
Nguyen Chi T and Duong Bac T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 2003
Sold by
Equity Assurance Investments Inc
Bought by
Farmer Bruce W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.06%
Mortgage Type
Commercial
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
Daas Group Llc -- Stewart Title Of Ca Inc
Narang Amarpal -- Chicago Title Insurance Co
Narang Amarpal $407,000 Pacific Coast Title Company
Nguyen Chi T $530,000 Fidelity National Title
Farmer Bruce W $420,000 Stewart Title Of Modesto
Equity Assurance Investments Inc $290,000 Stewart Title Of Modesto
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narang Amarpal $462,000
Closed Narang Amarpal $300,307
Previous Owner Nguyen Chi T $352,000
Previous Owner Farmer Bruce W $230,000
Closed Farmer Bruce W $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2015 02/23/15 Sold $407,000 -5.3% $141 / Sq Ft
11/15/2014 11/15/14 Pending -- -- --
10/06/2014 10/06/14 For Sale $429,950 -- $149 / 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 $7,986 $489,143 $108,161 $380,982
2024 $7,665 $479,553 $106,041 $373,512
2023 $7,522 $470,151 $103,962 $366,189
2022 $7,330 $460,933 $101,924 $359,009
2021 $6,959 $451,896 $99,926 $351,970
2020 $6,998 $447,263 $98,902 $348,361
2019 $6,826 $438,494 $96,963 $341,531
2018 $6,536 $429,897 $95,062 $334,835
2017 $6,371 $421,469 $93,199 $328,270
2016 $6,233 $413,206 $91,372 $321,834
2015 $4,792 $280,000 $37,500 $242,500
2014 -- $250,000 $37,500 $212,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Renny Singh

    Century 21 MM

  • Gary Izard

    Buyer's Agent in 2015

    Gary Izard

    Independent Rl Est Brokers

    (925) 309-9144

    20 Total Sales

    Gary Izard
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Map

Source: MetroList

MLS Number: 14062719

MetroList

APN: 035-27-12

California Stanislaus County Modesto 95354 La Loma

1423 Mono Dr, Modesto, CA

Not Listed for Sale

MultiFamily

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