NOT LISTED FOR SALE

1625 Morgan Rd Modesto, CA 95358

Parklawn Neighborhood

Estimated Value: $256,000 - $327,811

3 Beds
1 Bath
964 Sq Ft
$305/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $250,000 $259 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,794/month

44 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Attached Garage
  • Tile Flooring
  • No HOA
  • Tile Countertops

About This Home

As of February 2024

Investor special! Uncover the hidden potential at 1625 Morgan Rd. This property is Commercially Zoned and is a diamond in the rough awaiting a savvy investor's touch. This distressed property presents a unique opportunity for those looking for a property with an additional detached garage. Situated in a prime location, this property offers a blank canvas for ambitious investors looking to revitalize and capitalize on its commercial zoning potential!

Last Agent to Sell the Property

Thomas Toma

J.Peter Realtors License #02089247 Listed on: 11/29/2023

Last Buyer's Agent

Salvador Plancarte

HomeSmart PV & Associates License #02057225

HomeSmart PV & Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 9,052 Sq Ft Lot
  • Zoning described as General Commercial

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 964 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Tile Flooring
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • 220 Volts
  • Property is located within a water district

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 086-002-003-000

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Other
  • Fireplaces: 1
  • Flooring: Tile
  • Total Bathrooms: 1
  • Bathroom Features: Other
  • Dining Room Features: Other
  • Kitchen Features: Tile Counter
  • Living Room Features: Other
  • Main Level: Bedroom(s),Living Room,Dining Room,Family Room,Master Bedroom,Full Bath(s),Garage,Kitchen
  • Price Per Square Foot: 259.34
  • Square Footage: 964.00

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 299999.00
  • Lot Features: Other
  • Pool: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached, Detached

Utilities

  • Security: Other
  • Sewer: Public Sewer
  • Utilities: Other
  • Cooling: Other
  • Electric: 220 Volts
  • Heating: Other
  • Laundry Features: Other
  • Water Source: Water District

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Ceres Unified

Lot Info

  • Zoning Description: General Commercial
  • Irrigation: Public District
  • Lot Size Acres: 0.2078
  • Lot Size Sq Ft: 9052.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Assessor Parcel Number: 086-002-003-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Feb 21, 2024
Sold by
Khoshaba Rafid and Khoshaba Hanaa
Bought by
Gonzalez Adan Ramirez
Seller's Agent
Thomas Toma
J.Peter Realtors
Buyer's Agent
Salvador Plancarte
HomeSmart PV & Associates
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%
Views
366
Current Estimated Value
$294,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,453
Avg. Annual Appreciation
9.15%
Original Mortgage
$200,000
Outstanding Balance
$196,499
Interest Rate
6.66%
Mortgage Type
Construction
Estimated Equity
$97,955

Purchase Details

Closed on
Oct 24, 2023
Sold by
Ayala Rafael V
Bought by
Khoshaba Rafid and Khoshaba Hanaa

Purchase Details

Closed on
May 22, 1995
Sold by
Phillips Emil G and Phillips Mary J
Bought by
Ayala Rafael V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
7.92%
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
Gonzalez Adan Ramirez $250,000 First American Title
Khoshaba Rafid $200,000 First American Title
Ayala Rafael V $58,000 Chicago Title Company
Ayala Rafael V -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Adan Ramirez $200,000
Previous Owner Ayala Rafael V $46,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $250,000 -16.7% $259 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
11/30/2023 11/30/23 Price Changed $299,999 +0.3% $311 / Sq Ft
11/29/2023 11/29/23 For Sale $299,000 -- $310 / 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 $3,077 $255,000 $179,010 $75,990
2024 $2,857 $247,000 $180,000 $67,000
2023 $1,134 $93,621 $29,049 $64,572
2022 $1,126 $91,786 $28,480 $63,306
2021 $1,116 $89,987 $27,922 $62,065
2020 $1,085 $89,065 $27,636 $61,429
2019 $1,078 $87,320 $27,095 $60,225
2018 $1,058 $85,609 $26,564 $59,045
2017 $1,051 $83,932 $26,044 $57,888
2016 $1,031 $82,287 $25,534 $56,753
2015 $1,018 $81,052 $25,151 $55,901
2014 $802 $62,500 $15,000 $47,500
Source: Public Records

Agents Affiliated with this Home

  • Thomas Toma

    Seller's Agent in 2024

    Thomas Toma

    J.Peter Realtors

    (209) 604-1797

    1 in this area

    24 Total Sales

    Thomas Toma
    Section Image
  • Salvador Plancarte

    Buyer's Agent in 2024

    Salvador Plancarte

    HomeSmart PV & Associates

    (209) 678-8425

    1 in this area

    95 Total Sales

    Salvador Plancarte
    Section Image
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Map

Source: MetroList

MLS Number: 223113320

MetroList

APN: 086-02-03

California Stanislaus County Modesto 95307 Parklawn

1625 Morgan Rd, Modesto, CA

Not Listed for Sale

Detached

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