NOT LISTED FOR SALE

1518 Lorainne Ave Modesto, CA 95350

Estimated Value: $327,000 - $398,000

3 Beds
2 Baths
1,157 Sq Ft
$319/Sq Ft Est. Value

Last Sold February 02, 2012

Last sale price $110,000 $95 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $2,059/month

20 Days on Market

Highlights

  • 1 Fireplace
  • Covered Patio or Porch
  • Living Room
  • No HOA
  • Tile Countertops
  • Shed

About This Home

As of February 2012

Cozy 3 bedroom 2 bath located on large corner lot in North Modesto. NEW interior paint & carpet. Living room w/fireplace & new ceiling fan. Kitchen w/ tile counters, NEW stainless steel appliances, new vinyl flooring and freshly painted cabinets. NEW light fixtures throughout. Central heating and air. Large covered patio. Tool shed in backyard. Long driveway for possible RV parking. Conveniently located near major shopping, HWY 99, schools and parks. Great curb appeal. Nice curb appeal!

Last Agent to Sell the Property

Neftali Alberto

West Coast Marketing Group License #01891667 Listed on: 10/27/2011

Co-Listed By

Gerardo Torres

EXIT Realty Consultants License #01860154

Last Buyer's Agent

Neftali Alberto

West Coast Marketing Group License #01891667 Listed on: 10/27/2011

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 6,534 Sq Ft Lot
  • North Facing Home
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,157 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • 220 Volts In Laundry

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 060-006-018-000

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached,Tract
  • Property Subtype 1: Single Family Residence
  • Year Built: 1958
  • Architectural Style: A-Frame,See Remarks
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Oven,Free Standing Electric Range
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet,Linoleum/Vinyl
  • Master Bathroom Features: Shower Stall(s),Tile,Window
  • Master Bedroom Features: Closet
  • Bathroom Features: Tile,Tub,Window
  • Bathrooms: 2.00
  • Dining Room Features: Space in Kitchen
  • Kitchen Features: Tile Counter
  • Room Type: Baths Other,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 95.07
  • Square Footage: 1157

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Brick,Frame,Stucco,Wood
  • Property Faces: North
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard
  • Foundation: Raised
  • Horse Property: No
  • Listing Price: 110000.00
  • Lot Features: Corner,Shape Irregular,Street Lights
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached,RV Possible
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: In & Connected
  • Utilities: All Public
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts in Laundry
  • Heating: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1500
  • Lot Dimensions: 1x1
  • Lot Size Sq Ft: 6534

Tax Info

  • Assessor Parcel Number: 060-006-018-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2015
Sold by
Mccarthy Hewitt Erin and Mccarthy Erin
Bought by
Hewitt Family 2015 Trust
Current Estimated Value
$369,334

Purchase Details

Listed on
Oct 27, 2011
Closed on
Jan 29, 2012
Sold by
Ridge Capital Investments Llc
Bought by
Mccarthy Erin
Seller's Agent
Neftali Alberto
West Coast Marketing Group
Buyer's Agent
Neftali Alberto
West Coast Marketing Group
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Original Mortgage
$96,960
Outstanding Balance
$66,122
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$303,212

Purchase Details

Closed on
Oct 21, 2011
Sold by
Jimenez Jose M
Bought by
Ridge Capital Investments Llc

Purchase Details

Closed on
Apr 7, 2006
Sold by
Tirado Maria Alicia
Bought by
Jimenez Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,800
Interest Rate
6.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 21, 2006
Sold by
Bradbury Patricia C and The Patricia C Bradbury Trust
Bought by
Jimenez Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,800
Interest Rate
6.35%
Mortgage Type
Stand Alone Second
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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Purchase History

Date Buyer Sale Price Title Company
Hewitt Family 2015 Trust -- None Available
Mccarthy Erin $110,000 First American Title Company
Ridge Capital Investments Llc $73,500 None Available
Jimenez Jose M -- Alliance Title Company
Jimenez Jose M $319,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Erin $96,960
Previous Owner Jimenez Jose M $63,800
Previous Owner Jimenez Jose M $255,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2012 02/02/12 Sold $110,000 -4.3% $95 / Sq Ft
11/15/2011 11/15/11 Pending -- -- --
10/26/2011 10/26/11 For Sale $115,000 -- $99 / 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 $1,534 $138,154 $37,676 $100,478
2024 $1,463 $135,446 $36,938 $98,508
2023 $1,440 $132,791 $36,214 $96,577
2022 $1,404 $130,188 $35,504 $94,684
2021 $1,319 $127,636 $34,808 $92,828
2020 $1,344 $126,329 $34,452 $91,877
2019 $1,312 $123,853 $33,777 $90,076
2018 $1,247 $121,425 $33,115 $88,310
2017 $1,216 $119,045 $32,466 $86,579
2016 $1,191 $116,712 $31,830 $84,882
2015 $1,174 $114,959 $31,352 $83,607
2014 -- $112,708 $30,738 $81,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 11076467

MetroList

APN: 060-06-18