NOT LISTED FOR SALE

1612 Montclair Dr Modesto, CA 95350

Estimated Value: $492,000 - $527,273

4 Beds
3 Baths
2,250 Sq Ft
$227/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $344,000 $153 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,050/month

220 Days on Market

Highlights

  • No HOA
  • 1 Car Garage
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of January 2019

Great oppportunity on this Duplex located in Modesto. Nice location, easy freeway access and close to all major shopping. Larger unit is approx. 1500sqft with 3bd/2ba and the smaller unit is a 1bd/1ba. Both have private backyards and garages. Both units have good sized bedrooms. Some improvements included newer water heater in one unit, newer furnace in larger unit and new gas range. Do not disturb occupants.

Last Agent to Sell the Property

Julie Kaley

Assist 2 Sell Central Valley Realty License #01412616 Listed on: 03/17/2018

Last Buyer's Agent

Adrian Zavala

RE/MAX Executive License #01951544

RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 8,268

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Gas Range

Additional Features

  • 8,268 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 054-011-025

Community Details

Overview

  • No Home Owners Association

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1973
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Frame,Lap Siding,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 379000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • 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: Duplex
  • Lot Size Acres: 0.1898
  • Lot Size Sq Ft: 8268

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

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

Tax Info

  • Assessor Parcel Number: 054-011-025

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2022
Sold by
Boone Douglas L
Bought by
Douglas Boone 2022 Trust and Boone
Current Estimated Value
$506,808

Purchase Details

Closed on
Mar 3, 2022
Sold by
Boone Douglas L and Boone Robert Preston
Bought by
Boone Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2018
Closed on
Jan 16, 2019
Sold by
Carvalho John A and Carvalho Nancy A
Bought by
Plaugher Preston Robert and Plaugher Kaylie Sue
Seller's Agent
Julie Kaley
Assist 2 Sell Central Valley Realty
Buyer's Agent
Adrian Zavala
RE/MAX Executive
List Price
$379,000
Sold Price
$344,000
Premium/Discount to List
-$35,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$337,769
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2012
Sold by
Carvalho John A and Carvalho Nancy A
Bought by
Carvalho John A and Carvalho Nancy A

Purchase Details

Closed on
Dec 22, 2004
Sold by
Carvalho John A
Bought by
Carvalho John A and Carvalho Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
6.21%
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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Purchase History

Date Buyer Sale Price Title Company
Douglas Boone 2022 Trust -- None Listed On Document
Boone Douglas -- Pasion Title Services
Plaugher Preston Robert $344,000 First American Title Co
Carvalho John A -- None Available
Carvalho John A -- Stewart Title Modesto
Carvalho John A -- Stewart Title Modesto
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boone Douglas $383,000
Previous Owner Plaugher Preston Robert $337,769
Previous Owner Carvalho John A $192,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $344,000 -9.2% $153 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
03/17/2018 03/17/18 For Sale $379,000 -- $168 / 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 $5,023 $442,728 $209,008 $233,720
2024 $4,844 $434,048 $204,910 $229,138
2023 $4,110 $368,834 $123,302 $245,532
2022 $2,385 $361,603 $120,885 $240,718
2021 $3,852 $354,514 $118,515 $235,999
2020 $3,801 $350,880 $117,300 $233,580
2019 $1,211 $110,932 $33,270 $77,662
2018 $1,197 $108,758 $32,618 $76,140
2017 $1,169 $106,627 $31,979 $74,648
2016 $1,138 $104,537 $31,352 $73,185
2015 $1,128 $102,968 $30,882 $72,086
2014 $1,117 $100,952 $30,278 $70,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18068982

MetroList

APN: 054-11-25