NOT LISTED FOR SALE

1701 Evergreen Ave Modesto, CA 95350

8 Beds
4 Baths
2,266 Sq Ft
0.29 Acres

Last Sold June 30, 2021

Last sale price $655,000 $289 Per Sq Ft

14 Days on Market

Highlights

  • Corner Lot
  • Laundry closet
  • 2-minute walk to Garrison Park
  • No HOA
  • 1-Story Property

About This Home

As of June 2021

Great investment opportunity in Modesto CA. This 4 unit property featured 2 bedrooms 1 bathroom located near schools, freeway and shopping. Rents are 25% under market . Gross rents are shy of $44,000 but if stabilized gross rents can be $57-$60,000 yearly. Perfect place to build some equity and earn a great cash on cash ROI. All units have laundry and carports. Please see video tour of units as offers will be subject to showings in respect of COVID and Tenant. This is your opportunity invest in the growing valley in a cash flowing fixed asset! Call for more information

Last Agent to Sell the Property

Daniel Del Real

PMZ Real Estate License #01423976 Listed on: 05/18/2021

PMZ Real Estate

Co-Listed By

Indalecio Del Real

PMZ Real Estate License #01745071

Last Buyer's Agent

Keith Oshell

PMZ Real Estate License #02025468

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.29 Acre Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Laundry closet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 060-038-072-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Units Leased Month-To-Month
  • Insurance Expense $2,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 1
  • Year Built: 1966
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Price Per Square Foot: 212.25

Exterior Features

  • Construction Materials: Stucco, Frame, Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Foundation: Raised
  • Listing Price: 634900.00
  • Lot Features: Corner
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 6
  • Carport Spaces: 6
  • Covered Parking Spaces: 6
  • Parking Features: Carport
  • Total Parking Spaces: 6

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: City
  • Cooling: Window Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: Laundry Closet
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R4
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.2897
  • Lot Size Sq Ft: 12619

Rental Info

  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 2000
  • Number of Month to Month Units: 4
  • Number of Units: 4

Tax Info

  • Assessor Parcel Number: 060-038-072-000
  • Bonds/Assessments/Taxes Description: Other
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Stanislaus
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2021 06/30/21 Sold $655,000 +3.2% $289 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $634,900 +299.3% $280 / Sq Ft
03/27/2012 03/27/12 Sold $159,000 -2.4% $52 / Sq Ft View Prior Sale
02/06/2012 02/06/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $162,900 -- $53 / Sq Ft
Source: MetroList

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 $8,291 $708,991 $123,396 $585,595
2024 $7,920 $695,090 $120,977 $574,113
2023 $7,803 $681,461 $118,605 $562,856
2022 $7,614 $668,100 $116,280 $551,820
2021 $2,017 $184,495 $58,015 $126,480
2020 $2,057 $182,605 $57,421 $125,184
2019 $2,009 $179,026 $56,296 $122,730
2018 $1,913 $175,517 $55,193 $120,324
2017 $1,867 $172,076 $54,111 $117,965
2016 $1,831 $168,702 $53,050 $115,652
2015 $1,807 $166,169 $52,254 $113,915
2014 $1,779 $162,915 $51,231 $111,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221053610

MetroList