NOT LISTED FOR SALE

Estimated Value: $398,000 - $469,741

6 Beds
3 Baths
1,280 Sq Ft
$339/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $435,000 $340 Per Sq Ft

Current estimated payment $2,709/month

11 Days on Market

About This Home

As of October 2021

Welcome to 1717 Seattle Street in Modesto! PERFECT FOR THOSE INVESTORS!!! This great investment consists of 2 homes with 3 units consisting of 2 bedrooms / 1 full bath each. All 3 units have own electric/gas meters. Units have been updated/remodeled inside. Rent is bringing in $3,450 monthly.

Last Agent to Sell the Property

Daniel Maciel

Atlantic Realty License #01323683 Listed on: 09/03/2021

Last Buyer's Agent

Daniel Maciel

Atlantic Realty License #01323683 Listed on: 09/03/2021

Home Details

Home Type

  • Single Family

Year Built

  • 1940

Lot Details

  • 6,098

Home Design

  • House

Home Details

Home Type

Single Family

Year Built

1940

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Sub Type: Triplex
  • CapRate: 9.50
  • Directions: HWY 99 // Hatch Rd. // Crows Landing Rd. // Butte Ave. // Seattle St.
  • Building Stories: 1
  • Subdivision Name: South Modesto Acres 03
  • Special Features: None
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Price Per Square Foot: 228.47
  • Flooring: Tile, Varies by Unit, Other
  • Number Of Buildings: 2
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled
  • Construction Type: Stucco, Wood, Other
  • Lot Features: Other
  • Patio And Porch Features: Varies by Unit, Other

Garage/Parking

  • Parking Features: Open, Carport, Street, Uncovered, Other
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central, Wall Unit(s), Varies by Unit
  • Heating: Central, Wall Furnace, Varies by Unit
  • Separate Meters: Varies by Unit,Electricity,Gas
  • Laundry Features: Washer/Dryer Hookups
  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Electric, Natural Gas Connected, Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Modesto City

Lot Info

  • Lot Size Sq Ft: 6273
  • Zoning Description: MLT FAM DWLG

Rental Info

  • Total # Leasable: 3
  • Lease Term: Month To Month

Tax Info

  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Existing Lease Type: Other
  • Annual Gross Income: 3450
  • Income Includes: Rent Only
  • Insurance Expense: 1500
  • Number Of Units Leased: 3
  • Number Of Units Total: 3

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 19, 2021
Sold by
Dela Mora Dael Garcia and Ochoa Anaya Perla
Bought by
Goulding Aristotle Zachary
Seller's Agent
Daniel Maciel
Atlantic Realty
Buyer's Agent
Daniel Maciel
Atlantic Realty
List Price
$430,000
Sold Price
$435,000
Premium/Discount to List
$5,000
1.16%
Current Estimated Value
$433,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,129
Avg. Annual Appreciation
-0.06%
Original Mortgage
$326,250
Outstanding Balance
$297,510
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$136,361

Purchase Details

Listed on
Aug 3, 2017
Closed on
Oct 25, 2017
Sold by
Ortega Jeff J and Ortega Florencia
Bought by
Dela Mora Dael Garcia and Ochoa Anaya Perla Guadalupe
Seller's Agent
Wendy Bates
Realty ONE Group Zoom
Buyer's Agent
Daniel Maciel
Atlantic Realty
List Price
$244,500
Sold Price
$190,000
Premium/Discount to List
-$54,500
-22.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.14%
Original Mortgage
$80,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2008
Sold by
Christiansen Jon Frederick
Bought by
Ortega Jeff J and Ortega Florencia

Purchase Details

Closed on
Feb 7, 2003
Sold by
Christiansen Jon Frederick and Estate Of James Christiansen
Bought by
Christiansen Jon Frederick
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
Goulding Aristotle Zachary $435,000 North American Title Co Inc
Dela Mora Dael Garcia $190,000 Old Republic Title Company
Ortega Jeff J $119,000 Stewart Title Of California
Christiansen Jon Frederick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goulding Aristotle Zachary $326,250
Previous Owner Dela Mora Dael Garcia $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2021 10/22/21 Sold $435,000 +1.2% $340 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $430,000 +126.3% $336 / Sq Ft
11/01/2017 11/01/17 Sold $190,000 -22.3% $100 / Sq Ft View Prior Sale
10/13/2017 10/13/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $244,500 -- $129 / 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 $5,552 $461,624 $74,284 $387,340
2024 $5,310 $452,574 $72,828 $379,746
2023 $5,234 $443,700 $71,400 $372,300
2022 $5,111 $435,000 $70,000 $365,000
2021 $2,337 $199,723 $73,582 $126,141
2020 $2,380 $197,676 $72,828 $124,848
2019 $2,328 $193,800 $71,400 $122,400
2018 $2,224 $190,000 $70,000 $120,000
2017 $1,615 $134,675 $39,610 $95,065
2016 $1,587 $132,035 $38,834 $93,201
2015 $1,520 $126,000 $37,500 $88,500
2014 $1,378 $112,500 $37,500 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221112188

MetroList

APN: 056-21-05