NOT LISTED FOR SALE

1508 Lavender Ln Modesto, CA 95355

Northeast Modesto Neighborhood

Estimated Value: $489,080 - $561,000

Studio
2 Baths
1,000 Sq Ft
$531/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $450,000 $450 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,285/month

35 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • ENERGY STAR Qualified Windows
  • Tile Flooring
  • 2 Car Garage
  • 1-Story Property

About This Home

As of July 2021

Beautiful Residential area, FP in each unit, laundry hookups in Garages,Front unit long term tenant, Back unit 2 year tenant, Back unit updated 2 years ago, floors, paint , etc.

Last Agent to Sell the Property

David Garcia

Powerhouse Realty License #01098713 Listed on: 05/28/2021

Last Buyer's Agent

Maria D'Aura

eXp Realty of California License #02018907

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 10,001 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Mixed Use
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • ENERGY STAR Qualified Windows
  • Free-Standing Electric Range

Flooring

  • Laminate
  • Tile

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 032-031-024-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month
  • Insurance Expense $996
  • Professional Management Expense $1

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Mixed Use
  • Property Subtype 1: Duplex
  • Year Built: 1966
  • Architectural Style: Ranch
  • Levels: One
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit, Free Standing Electric Range
  • Flooring: Tile, Laminate
  • Price Per Square Foot: 222.88

Exterior Features

  • Construction Materials: Stucco
  • Disclosures/Documents: Lead Hazard Disclosure
  • Foundation: Raised
  • Listing Price: 475000.00
  • Lot Features: Curbs/Gutters
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage
  • Guest Spaces: 1

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Cable Available, City
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: duplex
  • Irrigation: None
  • Lot Size Acres: 0.2296
  • Lot Size Sq Ft: 10001

Green Features

  • Energy Efficient: Windows

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: Month To Month
  • Owner Occupied Units: 2

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 996
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 032-031-024-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 15, 2021
Sold by
Morillas John
Bought by
Daura Maria
Seller's Agent
David Garcia
Powerhouse Realty
Buyer's Agent
Maria D'Aura
eXp Realty of California
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%
Current Estimated Value
$531,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,360
Avg. Annual Appreciation
3.74%

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 12, 2021
Sold by
California Ice Property Llc
Bought by
Daura Grace and Daura Maria
Seller's Agent
David Garcia
Powerhouse Realty
Buyer's Agent
Maria D'Aura
eXp Realty of California
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%

Purchase Details

Closed on
May 23, 2007
Sold by
Rapp Gene E and The Gene E Rapp Trust
Bought by
California Ice Property Llc

Purchase Details

Closed on
Dec 7, 2004
Sold by
Rapp Gene E
Bought by
Rapp Gene E and Gene E Rapp Trust
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
Daura Maria -- First American Title Company
Daura Grace $450,000 First American Title Company
California Ice Property Llc $305,000 Chicago Title Co
Rapp Gene E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $450,000 -14.3% $450 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $525,000 -- $525 / Sq Ft
Source: MetroList

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 $5,584 $477,543 $159,181 $318,362
2024 $5,334 $468,180 $156,060 $312,120
2023 $5,256 $459,000 $153,000 $306,000
2022 $5,128 $450,000 $150,000 $300,000
2021 $4,127 $377,506 $167,093 $210,413
2020 $3,852 $342,000 $71,500 $270,500
2019 $3,838 $342,000 $71,500 $270,500
2018 $3,547 $325,500 $68,000 $257,500
2017 $3,212 $296,000 $62,000 $234,000
2016 $2,920 $269,000 $56,500 $212,500
2015 $2,435 $224,000 $56,500 $167,500
2014 $2,184 $200,000 $56,500 $143,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David Garcia

    Powerhouse Realty

    (209) 602-6910

    5 in this area

    17 Total Sales

    David Garcia
    Section Image

  • M

    Buyer's Agent in 2021

    Maria D'Aura

    eXp Realty of California

  • Maria DAura

    Buyer's Agent in 2021

    Maria DAura

    EXP Realty of California, Inc

    (650) 906-6693

    2 in this area

    9 Total Sales

    Maria DAura
    Section Image
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Map

Source: MetroList

MLS Number: 221058909

MetroList

APN: 032-31-24

California Stanislaus County Modesto 95355 Northeast Modesto

1508 Lavender Ln, Modesto, CA

Not Listed for Sale

MultiFamily

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