NOT LISTED FOR SALE

1720 E Orangeburg Ave Modesto, CA 95355

Northeast Modesto Neighborhood

Estimated Value: $485,181 - $570,000

4 Beds
2 Baths
2,114 Sq Ft
$249/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $422,000 $200 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,199/month

11 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Fireplace
  • No HOA
  • Fenced Yard
  • 4 Car Attached Garage

About This Home

As of May 2021

Well maintained, turn key rental opportunity! Duplex on a corner lot - each unit boasts over 1000 square feet with an open floorplan, 2 bedrooms, 1 full bathroom, and private covered patio. Spacious 2 car attached garage for each unit. Both units are currently rented. Great investment just waiting for a new owner!

Last Agent to Sell the Property

Debra Cole

Weeks Real Estate License #01474544 Listed on: 04/15/2021

Last Buyer's Agent

Brian Kidd

Kidd Realty License #01167552

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,856

Year Built

  • Built in 1980

Lot Details

  • 6,582 Sq Ft Lot
  • Dog Run
  • Fenced Yard
  • Corner Lot

Parking

  • 4 Car Attached Garage
  • 4 Open Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Fireplace

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 032-047-023-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month
  • Insurance Expense $961
  • Maintenance Expense $60
  • Professional Management Expense $204
  • Net Operating Income $21,903

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,856

Year Built

Built in 1980

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1980
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Free Standing Electric Range
  • Flooring: Carpet, Linoleum
  • Price Per Square Foot: 199.62

Exterior Features

  • Construction Materials: Stucco, Wood
  • Exterior Features: Dog Run, Fenced Yard
  • Foundation: Slab
  • Listing Price: 389000.00
  • Lot Features: Corner, Curbs/Gutters, Sidewalk
  • Patio And Porch Features: Covered Patio
  • Property Condition: Original
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Attached, Off Street, Street, Garage
  • Total Parking Spaces: 8

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Electric, Cable Available, City, DSL Available, Internet Available
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts
  • Heating: Central, Fireplace(s)
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Meter on Site, Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-2
  • Irrigation: None
  • Lot Size Acres: 0.1511
  • Lot Size Sq Ft: 6582

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: Lease/Month to Month Mix
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 961
  • Maintenance Expense: 60
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None
  • Two Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 032-047-023-000
  • Current RE Taxes: 1856
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 10, 2021
Sold by
Zanetti Charles J and Zanetti Ronald E
Bought by
Kidd Brian W and Kidd Kimberly L
Seller's Agent
Debra Cole
Weeks Real Estate
Buyer's Agent
Brian Kidd
Kidd Realty
List Price
$389,000
Sold Price
$422,000
Premium/Discount to List
$33,000
8.48%
Current Estimated Value
$525,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,727
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
Mar 3, 2021
Sold by
Zanetti Marion Agatha
Bought by
Marion A Zanetti 1991 Trust and Zanetti

Purchase Details

Closed on
May 10, 1994
Sold by
Zanetti Marion A
Bought by
Zanetti Marion A

Purchase Details

Closed on
Jan 6, 1994
Sold by
Zanetti Marion A and The Marion A Zanetti 1991 Trus
Bought by
Zanetti Marion A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,095
Interest Rate
7.21%
Mortgage Type
FHA
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
Kidd Brian W $422,000 North American Title Co Inc
Marion A Zanetti 1991 Trust -- --
Zanetti Marion A -- --
Zanetti Marion A -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zanetti Marion A $72,095
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $422,000 +8.5% $200 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $389,000 -- $184 / 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 $5,342 $456,783 $162,364 $294,419
2024 $5,102 $447,828 $159,181 $288,647
2023 $5,027 $439,048 $156,060 $282,988
2022 $4,905 $430,440 $153,000 $277,440
2021 $1,820 $166,501 $47,841 $118,660
2020 $1,856 $164,795 $47,351 $117,444
2019 $1,813 $161,565 $46,423 $115,142
2018 $1,726 $158,398 $45,513 $112,885
2017 $1,685 $155,293 $44,621 $110,672
2016 $1,653 $152,249 $43,747 $108,502
2015 $1,630 $149,963 $43,090 $106,873
2014 $1,605 $147,026 $42,246 $104,780
Source: Public Records

Agents Affiliated with this Home

  • Debra Cole

    Seller's Agent in 2021

    Debra Cole

    Weeks Real Estate

    (209) 524-7901

    13 in this area

    85 Total Sales

    Debra Cole
    Section Image

  • B

    Buyer's Agent in 2021

    Brian Kidd

    Kidd Realty

    (209) 613-7240

    1 in this area

    1 Total Sale

    Brian Kidd
    Section Image
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Map

Source: MetroList

MLS Number: 221030289

MetroList

APN: 032-47-23

California Stanislaus County Modesto 95355 Northeast Modesto

1720 E Orangeburg Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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