NOT LISTED FOR SALE

1503 Monterey Ave Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $312,000 - $351,000

2 Beds
2 Baths
937 Sq Ft
$351/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $90,000 $96 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $2,024/month

80 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-Story Property
  • Cottage

About This Home

As of December 2013

AFFORDABLE, WELL MAINTAINED DUPLEX! NEWER APPLANCES, CARPETS, NEW WATER HEATERS, ADDED ATTIC INSULATION. WALKING DISTANCE TO SCHOOLS, STORES AND MAJOR EMPLOYERS.

Last Agent to Sell the Property

John Medeiros

PMZ Real Estate License #00940418 Listed on: 07/26/2013

PMZ Real Estate

Last Buyer's Agent

Ivan Caballero

1st Class Realty Co. License #01763994

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Cottage
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Free-Standing Gas Range

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity gas water
  • Assessor Parcel Number 035-044-038

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1953
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: None
  • Listing Price: 90000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MULTI
  • Lot Size Acres: 0.1000
  • Lot Dimensions: 102X47
  • Lot Size Sq Ft: 4356

Rental Info

  • Tenant Pays: Electricity,Gas,Water
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 035-044-038

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2023
Sold by
Caballero Ivan
Bought by
Maturino Jaime and Maturino Esteban
Current Estimated Value
$328,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$217,682
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$111,417

Purchase Details

Closed on
Dec 22, 2022
Sold by
Guijarro Edgar
Bought by
Caballero Ivan

Purchase Details

Listed on
Jul 26, 2013
Closed on
Dec 23, 2013
Sold by
Bastardo Frank and Bastardo Rosario
Bought by
Guijarro Edgar
Seller's Agent
John Medeiros
PMZ Real Estate
Buyer's Agent
Ivan Caballero
1st Class Realty Co.
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%
Original Mortgage
$72,000
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 2003
Sold by
Macias Antonio and Macias Maricela
Bought by
Bastardo Frank and Bastardo Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.83%
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
Maturino Jaime $300,000 Chicago Title
Maturino Esteban -- Chicago Title
Maturino Jaime -- Chicago Title
Caballero Ivan $90,000 Chicago Title
Caballero Ivan -- Chicago Title
Guijarro Edgar $90,000 Chicago Title Company
Bastardo Frank $133,000 Stewart Title Of Modesto
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maturino Jaime $225,000
Previous Owner Guijarro Edgar $72,000
Previous Owner Bastardo Frank $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2013 12/31/13 Sold $90,000 0.0% $96 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $90,000 -- $96 / 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 $3,650 $312,120 $176,868 $135,252
2024 $3,487 $306,000 $173,400 $132,600
2023 $2,765 $241,500 $170,000 $71,500
2022 $1,185 $103,955 $11,548 $92,407
2021 $1,114 $101,918 $11,322 $90,596
2020 $1,136 $100,874 $11,206 $89,668
2019 $1,110 $98,897 $10,987 $87,910
2018 $1,057 $96,959 $10,772 $86,187
2017 $1,031 $95,059 $10,561 $84,498
2016 $1,012 $93,196 $10,354 $82,842
2015 $998 $91,797 $10,199 $81,598
2014 $983 $90,000 $10,000 $80,000
Source: Public Records

Agents Affiliated with this Home

  • John Medeiros

    Seller's Agent in 2013

    John Medeiros

    PMZ Real Estate

    (209) 548-4525

    6 in this area

    79 Total Sales

    John Medeiros
    Section Image

  • I

    Buyer's Agent in 2013

    Ivan Caballero

    1st Class Realty Co.

    Section Image
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Map

Source: MetroList

MLS Number: 13043670

MetroList

APN: 035-44-38

California Stanislaus County Modesto 95354 La Loma

1503 Monterey Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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