NOT LISTED FOR SALE

1728 Connie Way Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $352,288 - $385,000

6 Beds
3 Baths
2,325 Sq Ft
$159/Sq Ft Est. Value

Last Sold January 14, 2013

Last sale price $114,000 $49 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $2,093/month

16 Days on Market

Highlights

  • Gated Community
  • No HOA
  • 1-Story Property
  • A-Frame Home
  • Double Pane Windows
  • 2-minute walk to George Rogers Park

About This Home

As of January 2013

Cash Flow!! Large Duplex with 3 bedrooms on each side!! Both have separate Water and electric meters!! Owner pays no utilities! Front home has new paint, tile, and is vacant to see. Back Unit is NEWER construction and in GREAT shape! 13% cash on cash return! Won't last! The time to invest is NOW!

Last Agent to Sell the Property

Brian Lewis

Titan Real Estate &Development License #01858208 Listed on: 10/21/2012

Last Buyer's Agent

Nancy Shewmaker

HomeSmart PV and Associates License #01042838

HomeSmart PV and Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 8,233 Sq Ft Lot
  • Lot Dimensions: 8232.84

Parking

  • 6 Open Parking Spaces

Home Design

  • Duplex
  • A-Frame Home
  • Composition Roof

Interior Spaces

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

Listing and Financial Details

  • Tenant pays for electricity trash collection water
  • Assessor Parcel Number 035-051-006-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month
  • Insurance Expense $500

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1944
  • Architectural Style: A-Frame
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet,Laminate,Tile
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 109475.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 6
  • Parking Features: Open

Utilities

  • Security: Unguarded Gate
  • Cooling: Central,Wall Unit(s)
  • Heating: Central,Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Res
  • Lot Size Acres: 0.1890
  • Lot Dimensions: 8232.84
  • Lot Size Sq Ft: 8233

Rental Info

  • Tenant Pays: Electricity,Trash Collection,Water

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Insurance Expense: 500
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 035-051-006-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2012
Closed on
Jan 3, 2013
Sold by
Lewis Courtney M
Bought by
Esparza Gustavo
Seller's Agent
Brian Lewis
Titan Real Estate &Development
Buyer's Agent
Nancy Shewmaker
HomeSmart PV and Associates
List Price
$109,475
Sold Price
$114,000
Premium/Discount to List
$4,525
4.13%
Current Estimated Value
$368,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,644
Avg. Annual Appreciation
9.42%
Original Mortgage
$85,500
Outstanding Balance
$58,958
Interest Rate
3.27%
Mortgage Type
Commercial
Estimated Equity
$309,686

Purchase Details

Closed on
Nov 8, 2012
Sold by
Lewis Brian
Bought by
Lewis Courtney M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Outstanding Balance
$58,958
Interest Rate
3.27%
Mortgage Type
Commercial
Estimated Equity
$309,686

Purchase Details

Closed on
Mar 2, 2011
Sold by
Waldon Jack
Bought by
Lewis Courtney M and Waldon Amber M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
4.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2011
Sold by
Waldon Carrie
Bought by
Waldon Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
4.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Waldon Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
4.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 12, 2010
Sold by
Baez Apolonia
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 18, 2005
Sold by
Baez Luis A
Bought by
Baez Apolonia

Purchase Details

Closed on
Dec 15, 2004
Sold by
Price Harold
Bought by
Baez Apolonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2001
Sold by
Neep Robert and Neep Kim
Bought by
Price Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,950
Interest Rate
9.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Esparza Gustavo $114,000 First American Title Company
Lewis Courtney M -- First American Title Company
Lewis Courtney M -- None Available
Waldon Jack -- None Available
Waldon Jack $75,000 Ticor Title Riverside
Federal Home Loan Mortgage Corporation $55,916 Accommodation
Baez Apolonia -- Stewart Title Of Modesto
Baez Apolonia $150,000 Stewart Title Of Modesto
Price Harold $47,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esparza Gustavo $85,500
Previous Owner Waldon Jack $78,500
Previous Owner Baez Apolonia $120,000
Previous Owner Price Harold $39,950
Closed Baez Apolonia $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2013 01/14/13 Sold $114,000 +4.1% $49 / Sq Ft
11/06/2012 11/06/12 Pending -- -- --
10/21/2012 10/21/12 For Sale $109,475 -- $47 / 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 $1,641 $140,373 $12,309 $128,064
2024 $1,568 $137,621 $12,068 $125,553
2023 $1,545 $134,924 $11,832 $123,092
2022 $1,507 $132,279 $11,600 $120,679
2021 $1,418 $129,686 $11,373 $118,313
2020 $1,446 $128,357 $11,257 $117,100
2019 $1,412 $125,841 $11,037 $114,804
2018 $1,345 $123,374 $10,821 $112,553
2017 $1,237 $120,956 $10,609 $110,347
2016 $1,287 $118,585 $10,401 $108,184
2015 $1,270 $116,804 $10,245 $106,559
2014 $1,250 $114,517 $10,045 $104,472
Source: Public Records

Agents Affiliated with this Home

  • Brian Lewis

    Seller's Agent in 2013

    Brian Lewis

    Titan Real Estate &Development

    (209) 670-7898

    31 Total Sales

    Brian Lewis
    Section Image

  • N

    Buyer's Agent in 2013

    Nancy Shewmaker

    HomeSmart PV and Associates

    Section Image
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Map

Source: MetroList

MLS Number: 12059723

MetroList

APN: 035-51-06

California Stanislaus County Modesto 95354 La Loma

1728 Connie Way, Modesto, CA

Not Listed for Sale

MultiFamily

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