NOT LISTED FOR SALE

148 Drake Ave Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $386,000 - $449,000

4 Beds
2 Baths
1,350 Sq Ft
$304/Sq Ft Est. Value

Sale Details

Date Sold: September 11, 2018

Last sale price $260,000 $193 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,548 / mo

6 Days on Market

Highlights

  • No HOA
  • Patio
  • 1-Story Property

About This Home

As of September 2018

DUPLEX in convenient location within easy walking distance of shopping, parks, restaurants, McHenry Village, and Doctors Hospital. 1,350 SF total. Both units feature 2 good-sized bedrooms, and 1 bathroom. Both units have dual-pane windows, washer/dryer hook-ups, and rear patio areas. The front unit at 148 Drake has a nice lawn area, and the rear unit at 150 Drake has a nice-sized fenced yard. Large driveway with plenty of parking! Public transportation nearby. Don't miss out on this opportunity!

Last Agent to Sell the Property

Chris MacDonald

Keller Williams Property Team Turlock License #01945870 Listed on: 08/09/2018

Keller Williams Property Team Turlock

Last Buyer's Agent

Roberto Martinez

Realty Of America License #01359657

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,409

Year Built

  • Built in 1963

Lot Details

  • 5,401 Sq Ft Lot
  • Lot Dimensions are 60.00 x 90.00 x 60.00 x 90.00

Home Design

  • Duplex
  • Composition Roof

Parking

  • 4 Parking Spaces
  • 1 Parking Space Included

Utilities

  • Wall Furnace
  • 220 Volts
  • Cable TV Available

Additional Features

  • 1-Story Property
  • Patio

Listing and Financial Details

  • Tenant pays for cable tv electricity gas trash collection
  • Assessor Parcel Number 031-003-029-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Quinn & Fugle Subdivision

Building Details

  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month
  • Insurance Expense $1,000
  • Operating Expense $1,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,409

Year Built

Built in 1963

Lot Details

5,401 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1963
  • Architectural Style: Contemporary,Ranch
  • Stories: 1
  • Subdivision: Quinn & Fugle
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Gas Range,Gas Water Heater,Varies By Unit
  • Flooring: Carpet,Tile,Varies by Unit,Linoleum/Vinyl
  • Window Features: Dual Pane Full,Solar Screens

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 254000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Parking Features: Open,Street,1+ Space Per Unit
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Wall Unit(s),Window Unit(s),Varies by Unit
  • Electric: 220 Volts
  • Heating: Wall Furnace

Condo/Co-op/Association

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

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-2
  • Lot Size Acres: 0.1240
  • Lot Dimensions: 60.00 x 90.00 x 60.00 x 90.00
  • Lot Size Sq Ft: 5401

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Trash Collection
  • Total # Leasable: 2

Multi Family

  • Operating Expense: 1540
  • Income Includes: Rent Only
  • Insurance Expense: 1000
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None
  • Gross Income Multiplier: 13.230

Tax Info

  • Assessor Parcel Number: 031-003-029-000
  • Current RE Taxes: 2409

MLS Schools

  • School District (County): Stanislaus

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2018
Closed on
Sep 7, 2018
Sold by
Torres Sandra L
Bought by
Seller's Agent
Chris MacDonald
Keller Williams Property Team Turlock
Buyer's Agent
Roberto Martinez
Realty Of America
List Price
$254,000
Sold Price
$260,000
Premium/Discount to List
$6,000
2.36%
Current Estimated Value
$410,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,501
Avg. Annual Appreciation
5.88%
Original Mortgage
$255,290
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 9, 2018
Closed on
Sep 5, 2018
Sold by
Martin Demain and Martin Peggy
Bought by
Cisernos Jose M
Seller's Agent
Chris MacDonald
Keller Williams Property Team Turlock
Buyer's Agent
Roberto Martinez
Realty Of America
List Price
$254,000
Sold Price
$260,000
Premium/Discount to List
$6,000
2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 24, 2009
Sold by
Pryzant Martin Peggy and Pryzant Martin Peggy
Bought by
Martin Demian and Martin Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
4.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2006
Sold by
Martin Peggy Pryzant and The Peggy Pryzant Martin Livin
Bought by
Martin Peggy Pryzant

Purchase Details

Closed on
Oct 12, 2004
Sold by
Salazar Roman S
Bought by
Martin Peggy Pryzant and Peggy Pryzant Martin Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.27%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 17, 2003
Sold by
Okec Evelyn
Bought by
Salazar Roman S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2002
Sold by
Hari Rose Mary L and Hari Hira L
Bought by
Okec Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,125
Interest Rate
8.99%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Central Modesto, CA

  • Nick Cameron Real Estate Agent - Real Broker Technologies

    Nick Cameron

    Real Broker Technologies

    (209) 719-3488

    13 Total Sales

    1 in Central Modesto

    $465,000 Price

    Nick Cameron
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  • Steven Zagaris Real Estate Agent - PMZ Real Estate

    Steven Zagaris

    PMZ Real Estate

    (209) 653-1646

    141 Total Sales

    20 in Central Modesto

    $180K - $605K Price Range

    Steven Zagaris
     Section Image
  • Sharmaine Capelli Real Estate Agent - Compass

    Sharmaine Capelli

    Compass

    (341) 222-1905

    72 Total Sales

    1 in Central Modesto

    $475,000 Price

    Sharmaine Capelli
     Section Image
  • Chin Fong Real Estate Agent - Cornerstone Realty and Mortgage

    Chin Fong

    Cornerstone Realty and Mortgage

    (510) 939-7684

    137 Total Sales

    2 in Central Modesto

    $513,000 Price Range

    Chin Fong
     Section Image
  • Ben Bazar Real Estate Agent - RE/MAX Executive

    Ben Bazar

    RE/MAX Executive

    (209) 497-5769

    82 Total Sales

    2 in Central Modesto

    $403K - $426K Price Range

    Ben Bazar
     Section Image
  • Diego Herra Real Estate Agent - Realty ONE Group Zoom

    Diego Herra

    Realty ONE Group Zoom

    (209) 699-8106

    206 Total Sales

    2 in Central Modesto

    $332K - $475K Price Range

    Diego Herra
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Co
Cisernos Jose M $260,000 First American Title Co
Martin Demian -- Chicago Title Company
Martin Peggy Pryzant -- First American Title Co
Martin Peggy Pryzant -- First American Title Co
Martin Peggy Pryzant $245,000 Fidelity National Title
Salazar Roman S $200,000 First American Title Co
Okec Evelyn $169,500 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $259,000
Closed Cisneros Jose M $255,290
Previous Owner Martin Peggy $91,000
Previous Owner Martin Demian $93,750
Previous Owner Martin Peggy Pryzant $65,000
Previous Owner Salazar Roman S $150,000
Previous Owner Okec Evelyn $120,125
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/11/2018 09/11/18 Sold $260,000 +2.4% $193 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $254,000 -- $188 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,392 $290,029 $66,370 $223,659
2024 $3,240 $284,343 $65,069 $219,274
2023 $3,192 $278,769 $63,794 $214,975
2022 $3,115 $273,304 $62,544 $210,760
2021 $2,930 $267,946 $61,318 $206,628
2020 $2,987 $265,200 $60,690 $204,510
2019 $2,918 $260,000 $59,500 $200,500
2018 $2,659 $244,000 $68,000 $176,000
2017 $2,409 $222,000 $62,000 $160,000
2016 $2,193 $202,000 $56,500 $145,500
2015 $1,827 $168,000 $56,500 $111,500
2014 $1,638 $150,000 $56,500 $93,500
Source: Public Records

Agents Affiliated with this Home

  • Chris MacDonald Real Estate Agent - Keller Williams Property Team Turlock

    Seller's Agent in 2018

    Chris MacDonald

    Keller Williams Property Team Turlock

    (209) 410-9650

    8 in this area

    54 Total Sales

    Chris MacDonald
    Section Image
  • Roberto Martinez Real Estate Agent - Realty Of America

    Buyer's Agent in 2018

    Roberto Martinez

    Realty Of America

    (209) 495-6801

    1 in this area

    84 Total Sales

    Roberto Martinez
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Map

Source: MetroList

MLS Number: 18054844

MetroList

APN: 031-03-29

California Stanislaus County Modesto 95350 Central Modesto

148 Drake Ave, Modesto, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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