NOT LISTED FOR SALE

1708 Sylvan Ave Modesto, CA 95355

Northeast Modesto Neighborhood

Estimated Value: $512,000 - $660,000

6 Beds
6 Baths
3,240 Sq Ft
$180/Sq Ft Est. Value

Last Sold September 03, 2015

Last sale price $304,000 $94 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,385/month

87 Days on Market

Highlights

  • A-Frame Home
  • Double Pane Windows
  • Washer and Dryer
  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of September 2015

Nice Triplex located in a desirable North East Modesto location. All units rented for $850 and are 2bd./2ba. with 1080+ sq. ft., each having their own 1 car garages, inside laundry, & private patios. All interior units have been updated with tile flooring and counters in the kitchen and bathrooms, central heat/AC, & dual pane windows. Walking to Beyer High School, park, shopping, restaurants and public transportation. In Sylvan school district.

Last Agent to Sell the Property

Mike Pappas

Realty ONE Group Zoom License #01272062 Listed on: 02/26/2015

Realty ONE Group Zoom

Last Buyer's Agent

Nathan Love

Love Real Estate License #01297710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,161

Year Built

  • Built in 1977

Lot Details

  • 8,398 Sq Ft Lot
  • Lot Dimensions: 63

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • A-Frame Home
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Washer and Dryer

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas trash collection
  • Assessor Parcel Number 065-009-074-000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Kingswood Estates Subdivision

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month
  • Insurance Expense $1,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,161

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1977
  • Architectural Style: A-Frame
  • Stories: 1
  • Subdivision: Kingswood Estates
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2011

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Oven,Free Standing Refrigerator
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts
  • Listing Price: 325000.00
  • Patio And Porch Features: Enclosed Patio,Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage,Street

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Connected
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Washer/Dryer

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Patios/Balcony
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Residential Duplex/Triplex
  • Lot Size Acres: 0.1928
  • Lot Dimensions: 63' x 133'
  • Lot Size Sq Ft: 8398

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 1300
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 065-009-074-000
  • Current RE Taxes: 2161

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2015
Closed on
Aug 7, 2015
Sold by
Interwoven Lp
Bought by
Gabajiwala Ali and Gabajiwala Atiya Ali
Seller's Agent
Mike Pappas
Realty ONE Group Zoom
Buyer's Agent
Nathan Love
Love Real Estate
List Price
$325,000
Sold Price
$304,000
Premium/Discount to List
-$21,000
-6.46%
Current Estimated Value
$582,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,917
Avg. Annual Appreciation
6.51%
Original Mortgage
$182,400
Outstanding Balance
$142,769
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$440,148

Purchase Details

Closed on
Oct 20, 2011
Sold by
A & C Lius Llc
Bought by
Interwoven Lp

Purchase Details

Closed on
Jun 13, 2011
Sold by
Aurora Loan Services Llc
Bought by
Liu Stephen K and Liu Pauline W

Purchase Details

Closed on
Apr 25, 2011
Sold by
Ojeda Jose A and Ojeda Juliana
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Nov 1, 1999
Sold by
Odisho Sandra Lee Trustee and Odisho Trust
Bought by
Ojeda Jose A and Ojeda Juliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.95%
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
Gabajiwala Ali $304,000 First American Title Company
Interwoven Lp -- None Available
A & C Lius Llc -- None Available
Liu Stephen K $186,000 Lsi Title Company
Aurora Loan Services Llc $337,862 Accommodation
Ojeda Jose A $130,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gabajiwala Ali $182,400
Previous Owner Ojeda Jose A $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2015 09/03/15 Sold $304,000 -6.5% $94 / Sq Ft
05/24/2015 05/24/15 Pending -- -- --
02/26/2015 02/26/15 For Sale $325,000 -- $100 / 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 $3,977 $359,866 $61,554 $298,312
2024 $3,905 $352,811 $60,348 $292,463
2023 $3,831 $345,894 $59,165 $286,729
2022 $3,675 $339,112 $58,005 $281,107
2021 $3,611 $332,464 $56,868 $275,596
2020 $3,559 $329,056 $56,285 $272,771
2019 $3,494 $322,605 $55,182 $267,423
2018 $3,425 $316,280 $54,100 $262,180
2017 $3,344 $310,080 $53,040 $257,040
2016 $3,325 $304,000 $52,000 $252,000
2015 $2,169 $198,274 $47,969 $150,305
2014 $2,161 $194,391 $47,030 $147,361
Source: Public Records

Agents Affiliated with this Home

  • Mike Pappas

    Seller's Agent in 2015

    Mike Pappas

    Realty ONE Group Zoom

    (209) 484-9557

    3 in this area

    40 Total Sales

    Mike Pappas
    Section Image

  • N

    Buyer's Agent in 2015

    Nathan Love

    Love Real Estate

    (209) 499-4557

    Nathan Love
    Section Image
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Map

Source: MetroList

MLS Number: 15011825

MetroList

APN: 065-09-74

California Stanislaus County Modesto 95355 Northeast Modesto

1708 Sylvan Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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