NOT LISTED FOR SALE

1806 W Rumble Rd Modesto, CA 95350

Estimated Value: $526,121 - $539,000

5 Beds
4 Baths
1,984 Sq Ft
$268/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $329,000 $166 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,128/month

17 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating
  • 1-Story Property
  • No HOA
  • 2 Car Garage

About This Home

As of December 2017

Rare Opportunity to own an Income Property! Duplex 3 Bedroom 2 Full Baths and Garage on one side. 2 Bedroom 2 Full Baths and Garage on other side. Exterior paint newer and property truly shows pride of ownership. Each Unit has an individual yard and private entry. Total Square footage of units 1,984

Last Agent to Sell the Property

Anita Prescott

RE/MAX Executive License #01438906 Listed on: 06/27/2017

RE/MAX Executive

Last Buyer's Agent

Audrey Goesch

RE/MAX Executive License #01889358

RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 6,120

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 6,120 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 060-039-009-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1973
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Electric Cook Top
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 329000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

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: Universal Land Use
  • Lot Size Acres: 0.1405
  • Lot Size Sq Ft: 6120

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas

Multi Family

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

Tax Info

  • Assessor Parcel Number: 060-039-009-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2017
Closed on
Dec 13, 2017
Sold by
Spears Laura J
Bought by
Spears Arthur
Seller's Agent
Anita Prescott
RE/MAX Executive
Buyer's Agent
Audrey Goesch
RE/MAX Executive
List Price
$329,000
Sold Price
$329,000
Current Estimated Value
$532,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,561
Avg. Annual Appreciation
6.16%
Original Mortgage
$323,040
Outstanding Balance
$278,997
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$253,564

Purchase Details

Listed on
Jun 27, 2017
Closed on
Dec 12, 2017
Sold by
Melgarejo Antonio and Melgarejo Charlene G
Bought by
Spears Arthur and Spears Gerald
Seller's Agent
Anita Prescott
RE/MAX Executive
Buyer's Agent
Audrey Goesch
RE/MAX Executive
List Price
$329,000
Sold Price
$329,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,040
Outstanding Balance
$278,997
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$253,564

Purchase Details

Closed on
Mar 6, 2014
Sold by
Melgarejo Antonio and Melgarejo Charlene G
Bought by
Antonio & Charlene Melgarejo Family 2014

Purchase Details

Closed on
Feb 4, 2000
Sold by
Salto Fausto G and Salto Ernestina
Bought by
Melgarejo Antonio and Melgarejo Charlene G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
8.26%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Spears Arthur -- First American Title Company
Spears Gerald -- First American Title Company
Spears Arthur $329,000 First American Title Company
Antonio & Charlene Melgarejo Family 2014 -- None Available
Melgarejo Antonio $119,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spears Arthur $323,040
Previous Owner Melgarejo Antonio $89,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $329,000 0.0% $166 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $329,000 -- $166 / 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 $4,154 $374,340 $119,469 $254,871
2024 $4,004 $367,001 $117,127 $249,874
2023 $3,928 $359,806 $114,831 $244,975
2022 $3,897 $352,752 $112,580 $240,172
2021 $3,682 $345,836 $110,373 $235,463
2020 $3,632 $342,291 $109,242 $233,049
2019 $3,587 $335,580 $107,100 $228,480
2018 $3,466 $329,000 $105,000 $224,000
2017 $1,727 $157,583 $33,103 $124,480
2016 $1,682 $154,494 $32,454 $122,040
2015 $1,668 $152,174 $31,967 $120,207
2014 -- $149,194 $31,341 $117,853
Source: Public Records

Agents Affiliated with this Home

  • Anita Prescott

    Seller's Agent in 2017

    Anita Prescott

    RE/MAX

    (209) 595-2447

    24 Total Sales

    Anita Prescott
    Section Image
  • Audrey Goesch

    Buyer's Agent in 2017

    Audrey Goesch

    RE/MAX

    (209) 409-6392

    10 Total Sales

    Audrey Goesch
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 17040121

MetroList

APN: 060-39-09

California Stanislaus County Modesto 95350

1806 W Rumble Rd, Modesto, CA

Not Listed for Sale

MultiFamily

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