NOT LISTED FOR SALE

1701 E Rumble Rd Modesto, CA 95355

Northeast Modesto Neighborhood

Estimated Value: $545,760 - $559,000

4 Beds
2 Baths
2,262 Sq Ft
$244/Sq Ft Est. Value

Last Sold April 29, 2014

Last sale price $252,000 $111 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,178/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Covered Patio or Porch
  • 2 Car Garage
  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of April 2014

WOW! Check out this Duplex. Clean & Ready to start making money. Both units feature 2-bedrooms/1bath, 1131-sf and an oversized 2-car garage. HVAC, inside Laundry room, large Family room, Dining room, Breakfast Nook & counter seating in the Kitchen. Bathrooms include a stall shower, separate tub, linen closet & Jack & Jill entry. Both bedrooms have walk-in closets. 1701 has new wood vinyl flooring & tile throughout. 1703 has new carpeting & tile throughout & both sides have fresh interior paint.

Last Agent to Sell the Property

Todd A. Peterson

HomeSmart PV & Associates License #01431925 Listed on: 03/05/2014

HomeSmart PV & Associates

Last Buyer's Agent

Victor Valencia

E-z Homes Real Estate, Inc. License #01782627

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions: 121

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Additional Features

  • 1-Story Property
  • Covered Patio or Porch
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity sewer trash collection water
  • Assessor Parcel Number 065-016-040-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Coffee Terrace #2 Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1972
  • Architectural Style: Contemporary
  • Stories: 1
  • Subdivision: Coffee Terrace #2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Dishwasher,Disposal,Microwave
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Brick,Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available
  • Listing Price: 249000.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available,Internet Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Patios/Balcony,Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: D70 - Duplex/Triplex
  • Lot Size Acres: 0.1900
  • Lot Dimensions: 121' x 70'
  • Lot Size Sq Ft: 8276

Rental Info

  • Tenant Pays: Cable TV,Electricity,Sewer,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 065-016-040-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2014
Closed on
Apr 1, 2014
Sold by
Melancon Joseph J
Bought by
Verduzco Barajas Armando
Seller's Agent
Todd A. Peterson
HomeSmart PV & Associates
Buyer's Agent
Victor Valencia
E-z Homes Real Estate, Inc.
List Price
$249,000
Sold Price
$252,000
Premium/Discount to List
$3,000
1.2%
Current Estimated Value
$552,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,380
Avg. Annual Appreciation
6.96%
Original Mortgage
$192,000
Outstanding Balance
$145,419
Interest Rate
4.32%
Mortgage Type
Commercial
Estimated Equity
$406,961

Purchase Details

Listed on
Dec 24, 2012
Closed on
Jan 24, 2013
Sold by
Fannie Mae
Bought by
Melancon Joseph J
Seller's Agent
Penelope Miller
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Todd A. Peterson
HomeSmart PV & Associates
List Price
$223,880
Sold Price
$200,000
Premium/Discount to List
-$23,880
-10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.49%
Original Mortgage
$197,835
Interest Rate
3.33%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 24, 2012
Closed on
Dec 10, 2012
Sold by
Trombetta Joseph D
Bought by
Federal National Mortgage Association
Seller's Agent
Penelope Miller
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Todd A. Peterson
HomeSmart PV & Associates
List Price
$223,880
Sold Price
$200,000
Premium/Discount to List
-$23,880
-10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,835
Interest Rate
3.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2011
Sold by
Trombetta Joseph D and Joseph D Trombetta Trust
Bought by
Trombetta Judy K

Purchase Details

Closed on
Apr 2, 2008
Sold by
Trombetta Joseph D
Bought by
Trombetta Joseph D and Joseph D Trombetta Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 2008
Sold by
Trombetta Joseph D and Joseph D Trombetta Trust
Bought by
Trombetta Joseph D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2007
Sold by
Trombetta Joseph D
Bought by
Trombetta Joseph D and The Joseph D Trombetta Trust

Purchase Details

Closed on
Feb 1, 2007
Sold by
Trombetta Joseph D and Trombetta Judy K
Bought by
Trombetta Joseph D

Purchase Details

Closed on
Jan 27, 2004
Sold by
Trombetta Joseph D and Trombetta Judy K
Bought by
Trombetta Joseph D and Trombetta Judy K

Purchase Details

Closed on
Nov 25, 2002
Sold by
Trombetta Joseph D and Trombetta Judy K
Bought by
Trombetta Joseph D and Trombetta Judy K

Purchase Details

Closed on
Nov 19, 1996
Sold by
Trombetta Joseph and Trombetta Judy K
Bought by
Trombetta Joseph D and Trombetta Judy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
7.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 1995
Sold by
Trombetta Joseph D and Trombetta Joe
Bought by
Trombetta Joseph D and Trombetta Judy K
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
Verduzco Barajas Armando $252,000 Old Republic Title Company
Melancon Joseph J $200,000 Old Republic Title Company
Federal National Mortgage Association $281,177 First American Title Company
Trombetta Judy K -- None Available
Trombetta Joseph D -- Accommodation
Trombetta Joseph D -- First American Title Company
Trombetta Joseph D -- First American Title Company
Trombetta Joseph D -- None Available
Trombetta Joseph D -- None Available
Trombetta Joseph D -- First American Title Co
Trombetta Joseph D -- --
Trombetta Joseph D -- --
Trombetta Joseph D -- --
Trombetta Joseph D -- Chicago Title Co
Trombetta Joseph D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verduzco Barajas Armando $192,000
Previous Owner Melancon Joseph J $197,835
Previous Owner Trombetta Joseph D $280,000
Previous Owner Trombetta Joseph D $76,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2014 04/29/14 Sold $252,000 +1.2% $111 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $249,000 +24.5% $110 / Sq Ft
01/30/2013 01/30/13 Sold $200,000 -10.7% $88 / Sq Ft View Prior Sale
01/14/2013 01/14/13 Pending -- -- --
12/23/2012 12/23/12 For Sale $223,880 -- $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 $3,413 $308,904 $55,157 $253,747
2024 $3,352 $302,848 $54,076 $248,772
2023 $3,288 $296,911 $53,016 $243,895
2022 $3,155 $291,090 $51,977 $239,113
2021 $3,100 $285,383 $50,958 $234,425
2020 $3,055 $282,458 $50,436 $232,022
2019 $2,999 $276,921 $49,448 $227,473
2018 $2,940 $271,492 $48,479 $223,013
2017 $2,870 $266,170 $47,529 $218,641
2016 $2,854 $260,952 $46,598 $214,354
2015 $2,812 $257,034 $45,899 $211,135
2014 $2,156 $200,907 $45,204 $155,703
Source: Public Records

Agents Affiliated with this Home

  • Todd A. Peterson

    Seller's Agent in 2014

    Todd A. Peterson

    HomeSmart PV & Associates

    (209) 604-6075

    Todd A. Peterson
    Section Image

  • V

    Buyer's Agent in 2014

    Victor Valencia

    E-z Homes Real Estate, Inc.

  • Penelope Miller

    Seller's Agent in 2013

    Penelope Miller

    Berkshire Hathaway HomeServices-Drysdale Properties

    (209) 996-8334

    5 in this area

    47 Total Sales

    Penelope Miller
    Section Image
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Map

Source: MetroList

MLS Number: 14012630

MetroList

APN: 065-16-40

California Stanislaus County Modesto 95355 Northeast Modesto

1701 E Rumble Rd, Modesto, CA

Not Listed for Sale

MultiFamily

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