NOT LISTED FOR SALE

1615 Tully Rd Modesto, CA 95350

Estimated Value: $469,000 - $484,892

5 Beds
3 Baths
2,100 Sq Ft
$227/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $280,000 $133 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,809/month

20 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 1-Story Property

About This Home

As of December 2016

Looking for a great investment property.... Don't miss your chance with this very well taken care of triplex. Excellent Modesto location with 1-1 bedroom and 2-2 bedroom units. Close to schools and shopping.

Last Agent to Sell the Property

Doug Strach

PMZ Real Estate License #01437737 Listed on: 10/07/2016

Last Buyer's Agent

Taide Zamora

PMZ Real Estate License #01402878

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 7,405

Home Design

  • Triplex
  • Contemporary Architecture

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for cable tv electricity sewer trash collection water
  • Assessor Parcel Number 117-005-072

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1957
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: None
  • Flooring: Varies by Unit

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 282000.00
  • Roof: See Remarks

Garage/Parking

  • Parking Features: Varies by Unit

Utilities

  • Cooling: Ceiling Fan(s),See Remarks
  • Heating: See Remarks

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Multi Famil Tri Plex

Rental Info

  • Tenant Pays: Cable TV,Electricity,Sewer,Trash Collection,Water
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 117-005-072

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2016
Closed on
Nov 18, 2016
Sold by
Bagley Robert D and The Robert D Bagley Ii Revocab
Bought by
Nunez Javier and Serrano Nunez Sandra
Seller's Agent
Doug Strach
PMZ Real Estate
Buyer's Agent
Taide Zamora
PMZ Real Estate
List Price
$282,000
Sold Price
$280,000
Premium/Discount to List
-$2,000
-0.71%
Current Estimated Value
$476,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,946
Avg. Annual Appreciation
6.03%
Original Mortgage
$210,000
Outstanding Balance
$99,869
Interest Rate
3.52%
Mortgage Type
Commercial
Estimated Equity
$377,077

Purchase Details

Closed on
May 5, 2015
Sold by
Bagley Robert D
Bought by
Revoca Bagley Ii Robert D and Revoca 2015 Robert D Bagley Ii

Purchase Details

Closed on
Feb 5, 2013
Sold by
Bagley Robert D and Bagley Robert D
Bought by
Bagley Robert D and Bagley Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
3.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2008
Sold by
The Bank Of New York
Bought by
Bagley Robert D and Bagley Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2008
Sold by
Morrow Robert
Bought by
The Bank Of New York and Alternative Loan Trust 2007-Oa2

Purchase Details

Closed on
May 22, 2006
Sold by
Maezko James Patrick and Maezko Sally Ann
Bought by
Morrow Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,625
Interest Rate
6.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 1999
Sold by
Gregory Marilee Trustee
Bought by
Maczko James Patrick and Maczko Sally Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.82%
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
Nunez Javier $280,000 Cypress Title Corporation
Revoca Bagley Ii Robert D -- None Available
Bagley Robert D -- First American
Bagley Robert D $195,000 First American Title Company
The Bank Of New York $234,000 Landsafe Title
Morrow Robert $455,500 Alliance Title Company
Maczko James Patrick $140,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Javier $210,000
Previous Owner Bagley Robert D $149,000
Previous Owner Bagley Robert D $156,000
Previous Owner Morrow Robert $341,625
Previous Owner Maczko James Patrick $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2016 12/01/16 Sold $280,000 -0.7% $133 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
10/05/2016 10/05/16 For Sale $282,000 -- $134 / 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 $3,800 $324,958 $87,041 $237,917
2024 $3,630 $318,587 $85,335 $233,252
2023 $3,577 $312,341 $83,662 $228,679
2022 $3,490 $306,218 $82,022 $224,196
2021 $3,282 $300,214 $80,414 $219,800
2020 $3,347 $297,137 $79,590 $217,547
2019 $3,269 $291,312 $78,030 $213,282
2018 $3,112 $285,600 $76,500 $209,100
2017 $3,038 $280,000 $75,000 $205,000
2016 $2,303 $212,122 $54,389 $157,733
2015 $2,272 $208,937 $53,573 $155,364
2014 $2,237 $204,845 $52,524 $152,321
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Doug Strach

    PMZ Real Estate

  • Taide Zamora

    Buyer's Agent in 2016

    Taide Zamora

    PMZ Real Estate

    (209) 495-1172

    43 Total Sales

    Taide Zamora
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Map

Source: MetroList

MLS Number: 16065888

MetroList

APN: 117-05-72

California Stanislaus County Modesto 95350

1615 Tully Rd, Modesto, CA

Not Listed for Sale

MultiFamily

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