NOT LISTED FOR SALE

Estimated Value: $353,947 - $390,000

4 Beds
2 Baths
1,624 Sq Ft
$226/Sq Ft Est. Value

Last Sold August 20, 2019

Last sale price $238,000 $147 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,057/month

4 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • 1-Story Property
  • No HOA
  • Central Heating
  • 3-minute walk to Bellenita Park

About This Home

As of August 2019

Great Investment Rental Property! Duplex featuring 2 bedrooms and 1 bathroom for each unit! $2300 dollars a Month in total rent!! Built in 1979! Back unit just remodeled for new tenants! This is a huge return for your money, so Call Today!

Last Agent to Sell the Property

Antone Drinkard

JRP Realty Group License #01981307 Listed on: 08/04/2019

JRP Realty Group

Last Buyer's Agent

Antone Drinkard

JRP Realty Group License #01981307 Listed on: 08/04/2019

JRP Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 6,900

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Free-Standing Electric Range

Parking

  • 6 Parking Spaces
  • 6 Open Parking Spaces

Additional Features

  • 6,900 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Security Deposit $2,500
  • Tenant pays for electricity rent only sewer trash collection water
  • Assessor Parcel Number 037-024-042-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1979
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 249000.00
  • Roof: Composition

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MULTI FAM
  • Lot Size Acres: 0.1584
  • Lot Size Sq Ft: 6900

Rental Info

  • Tenant Pays: Electricity,Rent Only,Sewer,Trash Collection,Water
  • Total Deposit: 2500
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 037-024-042-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2019
Closed on
Aug 14, 2019
Sold by
Cheng Kai
Bought by
Ma Yong Qiang and Ma Hui Mel
Seller's Agent
Antone Drinkard
JRP Realty Group
Buyer's Agent
Antone Drinkard
JRP Realty Group
List Price
$249,000
Sold Price
$238,000
Premium/Discount to List
-$11,000
-4.42%
Current Estimated Value
$366,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,316
Avg. Annual Appreciation
7.02%

Purchase Details

Listed on
Sep 23, 2016
Closed on
Dec 8, 2016
Sold by
Sandhu Jagjit
Bought by
Cheng Kai
Seller's Agent
Jorge Gonzalez
PMZ Real Estate
Buyer's Agent
Antone Drinkard
JRP Realty Group
List Price
$189,900
Sold Price
$179,000
Premium/Discount to List
-$10,900
-5.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%
Original Mortgage
$134,250
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2016
Sold by
Sahota Bhupinder
Bought by
Sandhu Jagjit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2010
Sold by
Solin Kry Vichika and Solin Kry
Bought by
Sandhu Jagjit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2009
Sold by
Fdic
Bought by
Solin Kry Vichika and Solin Kry

Purchase Details

Closed on
Apr 8, 2009
Sold by
Gutierrez Elida S
Bought by
Indymac Federal Bank Fsb

Purchase Details

Closed on
Nov 1, 2005
Sold by
Gutierrez Ricardo
Bought by
Gutierrez Elida S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,998
Interest Rate
1.5%
Mortgage Type
Negative Amortization
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
Ma Yong Qiang $238,000 First American Title
Cheng Kai $179,000 First American Title Company
Sandhu Jagjit -- First American Title Company
Sandhu Jagjit -- First American Title Company
Sandhu Jagjit $70,000 Old Republic Title Company
Solin Kry Vichika $40,000 Chicago Title Company
Indymac Federal Bank Fsb $71,254 None Available
Gutierrez Elida S -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheng Kai $134,250
Previous Owner Sandhu Jagjit $100,000
Previous Owner Sandhu Jagjit $85,000
Previous Owner Gutierrez Elida S $209,998
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2019 08/20/19 Sold $238,000 -4.4% $147 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
08/04/2019 08/04/19 For Sale $249,000 +39.1% $153 / Sq Ft
12/22/2016 12/22/16 Sold $179,000 -5.7% $110 / Sq Ft View Prior Sale
11/15/2016 11/15/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $189,900 -- $117 / 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 $1,653 $128,362 $49,212 $79,150
2024 $3,059 $255,180 $48,248 $206,932
2023 $3,015 $250,177 $47,302 $202,875
2022 $2,944 $245,273 $46,375 $198,898
2021 $2,777 $240,465 $45,466 $194,999
2020 $2,827 $238,000 $45,000 $193,000
2019 $2,235 $186,231 $31,212 $155,019
2018 $2,134 $182,580 $30,600 $151,980
2017 $2,087 $179,000 $30,000 $149,000
2016 $973 $76,323 $16,353 $59,970
2015 $962 $75,178 $16,108 $59,070
2014 $941 $73,706 $15,793 $57,913
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19054982

MetroList

APN: 037-24-42