NOT LISTED FOR SALE

Estimated Value: $556,000 - $566,000

5 Beds
4 Baths
2,306 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $315,900 $137 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,358/month

362 Days on Market

Highlights

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

About This Home

As of May 2018

Duplex with 3bed/2bath and 2bed/2bath. Tenant occupied. close to shopping and schools.

Last Agent to Sell the Property

Chuck Bukhari

EXIT Realty Consultants License #01416945 Listed on: 04/26/2017

EXIT Realty Consultants

Last Buyer's Agent

Susan Shetron

HomeSmart PV & Associates License #00971030

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,902

Year Built

  • Built in 1981

Lot Details

  • 8,002

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Wood Roof

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 8,002 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity sewer trash collection water
  • Assessor Parcel Number 065-025-064-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 100 Leased Units
  • 1,850 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,902

Year Built

Built in 1981

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1981
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Range
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts,Roof Inspection,Structural Pest Control Report,Transfer Disclosure Statement
  • Listing Price: 315900.00
  • Roof: Wood

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-MF
  • Lot Size Acres: 0.1837
  • Lot Size Sq Ft: 8002

Rental Info

  • Tenant Pays: Cable TV,Electricity,Sewer,Trash Collection,Water
  • Total # Leasable: 100

Multi Family

  • Gross Income: 1850
  • Income Includes: Rent Only
  • Number of Leased Units: 100
  • Number of Month to Month Units: 1850
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 065-025-064-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2017
Closed on
Apr 25, 2018
Sold by
Vanhouten David Van and Vanhouten Van Houten
Bought by
Shetron Charles G and Shetron Susan C
Seller's Agent
Chuck Bukhari
EXIT Realty Consultants
Buyer's Agent
Susan Shetron
HomeSmart PV & Associates
List Price
$345,000
Sold Price
$315,900
Premium/Discount to List
-$29,100
-8.43%
Current Estimated Value
$561,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,100
Avg. Annual Appreciation
7.87%
Original Mortgage
$236,925
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2004
Sold by
Murphy Frederick M and Murphy Marcella B
Bought by
Vanhouten David Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2003
Sold by
Murphy Frederick M and Murphy Marcella B
Bought by
Murphy Frederick M and Murphy Marcella B

Purchase Details

Closed on
Mar 24, 1997
Sold by
Peters Florence and Peters Robert R
Bought by
Murphy Frederick M and Murphy Marcella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.56%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Shetron Charles G $316,000 Chicago Title
Vanhouten David Paul $350,000 Stewart Title Of Modesto
Murphy Frederick M -- --
Murphy Frederick M $130,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shetron Charles G $241,000
Closed Shetron Charles G $236,925
Previous Owner Vanhouten David Paul $351,417
Previous Owner Vanhouten David Paul $280,000
Previous Owner Murphy Frederick M $104,000
Closed Vanhouten David Paul $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $315,900 -8.4% $137 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/26/2017 04/26/17 For Sale $345,000 -- $150 / 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
2024 $3,902 $352,499 $150,593 $201,906
2023 $3,827 $345,589 $147,641 $197,948
2022 $3,672 $338,814 $144,747 $194,067
2021 $3,608 $332,171 $141,909 $190,262
2020 $3,556 $328,766 $140,454 $188,312
2019 $3,491 $322,320 $137,700 $184,620
2018 $3,525 $325,500 $76,000 $249,500
2017 $3,192 $296,000 $69,000 $227,000
2016 $2,942 $269,000 $62,500 $206,500
2015 $2,451 $224,000 $62,500 $161,500
2014 $2,224 $200,000 $62,500 $137,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17024156

MetroList

APN: 065-25-64