NOT LISTED FOR SALE

1501 Grimes Ave Modesto, CA 95358

West Modesto Neighborhood

Estimated Value: $836,000 - $1,066,000

6 Beds
4.5 Baths
2,224 Sq Ft
$422/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $855,000 $384 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,714/month

149 Days on Market

Highlights

  • Private Pool
  • 1.23 Acre Lot
  • Solar owned by seller
  • Paradise Elementary School Rated 10
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of March 2022

Back on Market ! Perfect set up with 2 homes on 1.23 acres. This well-kept multi family lot consists of a main home that is 2224 sq ft and a second in-law or rental home that is 1,121 sq ft. The main home has a great room that's ideal for family gatherings and open kitchen with a cooking island. The large two car garage has an office with a restroom. The main home has a new grid tied solar panel system and a pool. New carpet and floors and paint throughout. The in-law / rental home has a fully enclosed large backyard. This is a perfect set up to have rental income to help pay off the mortgage and have privacy. Behind both homes is large pasture that is used for raising cattle or horses and gets it's irrigation from the canal running along side of the property. The best part of this location is that it's very private and very quite, yet still close to all the stores and restaurants. Live in one and rent the other. Great property, & great investment! Selling As is.

Last Agent to Sell the Property

Hung Bui

PHP Group, Inc License #01925836 Listed on: 09/03/2021

Last Buyer's Agent

Hung Bui

PHP Group, Inc License #01925836 Listed on: 09/03/2021

Home Details

Home Type

  • Single Family

Year Built

  • 1987

Lot Details

  • 1.23

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,224 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Additional Features

  • Solar owned by seller
  • Private Pool
  • 1.23 Acre Lot
  • Horses Potentially Allowed on Property

Home Details

Home Type

Single Family

Year Built

1987

Lot Details

0

Parking

2

Listing Details

  • Zoning: RUR
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2224
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 2224
  • Stories: 1
  • Bedrooms: Walk-In Closet
  • Laundry: Inside
  • Fireplaces Min: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Yes
  • Roof: Composition
  • Horse Property: Possible
  • Pool: Pool - In Ground
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Septic Standard

Lot Info

  • Lot Acres: 1.2300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 53579.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 53579.00

Multi Family

  • Utilities: Solar Panels - Owned

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Mar 7, 2022
Sold by
Cardoza Rodolfo Batrez
Bought by
Cardoza Laura
Seller's Agent
Hung Bui
PHP Group, Inc
Buyer's Agent
Hung Bui
PHP Group, Inc
List Price
$850,000
Sold Price
$855,000
Premium/Discount to List
$5,000
0.59%
Current Estimated Value
$938,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,692
Avg. Annual Appreciation
2.45%
Original Mortgage
$641,250
Outstanding Balance
$598,059
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$340,633

Purchase Details

Listed on
Sep 3, 2021
Closed on
Feb 24, 2022
Sold by
Sun Clifford E and Sun Kristy S
Bought by
Cardoza Laura and Duarte Rigoberto Avila
Seller's Agent
Hung Bui
PHP Group, Inc
Buyer's Agent
Hung Bui
PHP Group, Inc
List Price
$850,000
Sold Price
$855,000
Premium/Discount to List
$5,000
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,250
Outstanding Balance
$598,059
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$340,633

Purchase Details

Listed on
May 5, 2020
Closed on
Aug 7, 2020
Sold by
Marlett Kent and The Mildred Marlett Vanderpool
Bought by
Sun Clifford E and Sun Kristy S
Seller's Agent
Gayle Higgins
Allison James Estates & Homes
Buyer's Agent
Hung Bui
PHP Group, Inc
List Price
$799,000
Sold Price
$745,000
Premium/Discount to List
-$54,000
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$445,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 1999
Sold by
Vanderpool Sanford H
Bought by
Marlett Vanderpool Mildred
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
Cardoza Laura -- Pasion Title Services
Cardoza Laura $855,000 Pasion Title Services
Sun Clifford E $745,000 Chicago Title Company
Marlett Vanderpool Mildred -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardoza Laura $641,250
Closed Cardoza Laura $641,250
Previous Owner Sun Clifford E $445,000
Closed Cardoza Laura $128,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2022 03/10/22 Sold $855,000 +0.6% $384 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/08/2022 01/08/22 For Sale $850,000 0.0% $382 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $850,000 +14.1% $382 / Sq Ft
08/25/2020 08/25/20 Sold $745,000 -4.0% $335 / Sq Ft View Prior Sale
07/23/2020 07/23/20 Pending -- -- --
07/01/2020 07/01/20 Price Changed $775,896 -2.9% $349 / Sq Ft
05/05/2020 05/05/20 For Sale $799,000 +7.2% $359 / Sq Ft
05/05/2020 05/05/20 Off Market $745,000 -- --
05/04/2020 05/04/20 For Sale $740,000 -- $333 / Sq Ft
Source: MLSListings

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 $10,250 $907,331 $475,951 $431,380
2024 $10,056 $889,541 $466,619 $422,922
2023 $9,943 $872,100 $457,470 $414,630
2022 $8,503 $759,900 $275,910 $483,990
2021 $8,343 $745,000 $270,500 $474,500
2020 $2,449 $208,805 $12,289 $196,516
2019 $2,322 $204,712 $12,049 $192,663
2018 $2,303 $200,699 $11,813 $188,886
2017 $2,248 $196,765 $11,582 $185,183
2016 $2,197 $192,907 $11,355 $181,552
2015 $2,160 $190,010 $11,185 $178,825
2014 $1,967 $186,289 $10,966 $175,323
Source: Public Records

Agents Affiliated with this Home

  • Hung Bui

    Seller's Agent in 2022

    Hung Bui

    PHP Group, Inc

    (408) 414-6688

    1 in this area

    10 Total Sales

    Hung Bui
    Section Image
  • Gayle Higgins

    Seller's Agent in 2020

    Gayle Higgins

    Allison James Estates & Homes

    (209) 480-3602

    31 Total Sales

    Gayle Higgins
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81861275

MLSListings

APN: 017-11-51

California Stanislaus County Modesto 95358 West Modesto

1501 Grimes Ave, Modesto, CA

Not Listed for Sale

Detached

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