NOT LISTED FOR SALE

Estimated Value: $631,000 - $797,000

8 Beds
4 Baths
3,024 Sq Ft
$236/Sq Ft Est. Value

Last Sold January 10, 2018

Last sale price $287,000 $95 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $4,181/month

3 Days on Market

About This Home

As of January 2018

Diamond in the rough located centrally in Modesto close to transportation and shopping.Won't last long at this price

Last Agent to Sell the Property

John Foley

Realty1Team License #01465595 Listed on: 10/06/2017

Last Buyer's Agent

John Foley

Realty1Team License #01465595 Listed on: 10/06/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.28 Acre Lot

Parking

  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Disposal

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 066-019-049-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1970
  • Stories: 1
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 300000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: 4 plex
  • Lot Size Acres: 0.2781
  • Lot Size Sq Ft: 12114

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 066-019-049-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2017
Closed on
Jan 8, 2018
Sold by
Bernal Richard and Bernal Elizabeth Ann
Bought by
Nghe Keith and Huynh Mandy
Seller's Agent
John Foley
Realty1Team
Buyer's Agent
John Foley
Realty1Team
List Price
$300,000
Sold Price
$287,000
Premium/Discount to List
-$13,000
-4.33%
Current Estimated Value
$714,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,000
Avg. Annual Appreciation
12.11%
Original Mortgage
$215,250
Outstanding Balance
$181,034
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$532,966

Purchase Details

Closed on
Nov 29, 2006
Sold by
Bernal Richard
Bought by
Bernal Richard and Bernal Elizabeth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 5, 2006
Sold by
Bernal Elizabeth Ann
Bought by
Bernal Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 19, 2000
Sold by
Collett Robert and Collett Jessica
Bought by
Collett Robert and Collett Jessica K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,200
Interest Rate
8.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 2000
Sold by
Ogden and Joni
Bought by
Collett Robert and Collett Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,200
Interest Rate
8.53%
Mortgage Type
Commercial
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
Nghe Keith $287,000 First Amer Title Co
Bernal Richard -- None Available
Bernal Richard -- None Available
Bernal Richard -- Alliance Title Company
Bernal Richard $590,000 Alliance Title Company
Collett Robert -- Chicago Title Co
Collett Robert $175,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nghe Keith $215,250
Previous Owner Bernal Richard $472,000
Previous Owner Collett Robert $122,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2018 01/10/18 Sold $287,000 -4.3% $95 / Sq Ft
10/08/2017 10/08/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $300,000 -- $99 / 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 $5,281 $477,882 $199,118 $278,764
2024 $5,186 $468,513 $195,214 $273,299
2023 $5,087 $459,328 $191,387 $267,941
2022 $4,881 $450,323 $187,635 $262,688
2021 $4,796 $441,494 $183,956 $257,538
2020 $4,726 $436,968 $182,070 $254,898
2019 $4,640 $428,400 $178,500 $249,900
2018 $4,928 $455,000 $76,000 $379,000
2017 $4,459 $413,500 $69,000 $344,500
2016 $4,112 $376,000 $62,500 $313,500
2015 $3,435 $314,000 $62,500 $251,500
2014 $3,113 $280,000 $62,500 $217,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17065120

MetroList

APN: 066-19-49