NOT LISTED FOR SALE

1517 Timber Way Modesto, CA 95350

Estimated Value: $423,000 - $491,000

4 Beds
4 Baths
1,832 Sq Ft
$249/Sq Ft Est. Value

Last Sold August 25, 2015

Last sale price $220,000 $120 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,711/month

103 Days on Market

Highlights

  • Contemporary Architecture
  • Patio
  • 2 Car Garage
  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of August 2015

THESE UNITS HAVE PLENTY OF ROOM, WALKIN CLOSETS AND SOME UPGRADES. THEY HAVE 2 BATHROOMS THAT ALSO HAVE PLENTY OF SPACE FOR THE FAMILY'S THAT LIVE THERE. WITH BOTH UNITS HAVING AN ATTACHED GARAGE THEY HAVE A GOOD AMOUNT OF STORAGE SPACE. THEY BOTH HAVE A BACK YARD FOR KIDS TO PLAY IN. PICTURES ARE INSIDE #117

Last Agent to Sell the Property

Molly Mooney

Kathryn Knightsby Real Estate License #01243615 Listed on: 04/15/2015

Last Buyer's Agent

Ronald Toews

Legacy Realty License #01733143

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,909

Year Built

  • Built in 1980

Lot Details

  • 8,002

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Electric Range

Additional Features

  • Patio
  • 8,002 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity gas trash collection
  • Assessor Parcel Number 029-046-003-000

Community Details

Overview

  • No Home Owners Association
  • Evergreen Park 03 Subdivision

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,909

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1980
  • Architectural Style: Contemporary
  • Stories: 1
  • Subdivision: EVERGREEN PARK 03
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 220000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-2
  • Lot Size Acres: 0.1837
  • Lot Size Sq Ft: 8002

Rental Info

  • Tenant Pays: Electricity,Gas,Trash Collection

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 029-046-003-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2017
Sold by
Toews Ronald Lee and Toews Jeannette Yie Gin
Bought by
Toews Ronald Lee and Toews Jeannette Yie Gin
Current Estimated Value
$450,874

Purchase Details

Listed on
Apr 15, 2015
Closed on
Aug 12, 2015
Sold by
Mcpeak Larry M
Bought by
Toews Ronald and Toews Jeannette
Seller's Agent
Molly Mooney
Kathryn Knightsby Real Estate
Buyer's Agent
Ronald Toews
Legacy Realty
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$154,000
Outstanding Balance
$122,520
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$339,973

Purchase Details

Closed on
Jan 24, 2003
Sold by
Mcpeak Shan Ellie
Bought by
Mcpeak Larry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
5.83%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Toews Ronald Lee -- None Available
Toews Ronald $220,000 Chicago Title Company
Mcpeak Larry M -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toews Ronald $154,000
Previous Owner Mcpeak Larry M $164,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2015 08/25/15 Sold $220,000 -12.0% $120 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $250,000 -- $136 / 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
2024 $2,909 $255,322 $29,011 $226,311
2023 $2,866 $250,317 $28,443 $221,874
2022 $2,797 $245,410 $27,886 $217,524
2021 $2,631 $240,599 $27,340 $213,259
2020 $2,682 $238,133 $27,060 $211,073
2019 $2,620 $233,465 $26,530 $206,935
2018 $2,494 $228,888 $26,010 $202,878
2017 $2,435 $224,400 $25,500 $198,900
2016 $2,388 $220,000 $25,000 $195,000
2015 $2,252 $207,094 $82,538 $124,556
2014 $2,074 $190,000 $62,500 $127,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15031366

MetroList

APN: 029-46-03