NOT LISTED FOR SALE

2005 Terrance Way Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $396,000 - $502,000

5 Beds
3 Baths
1,525 Sq Ft
$298/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $499,000 $327 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,822/month

23 Days on Market

Highlights

  • RV Access or Parking
  • Bathtub
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System
  • 2-minute walk to Revard Manor Park

About This Home

As of March 2024

This home underwent a substantial transformation with the addition of two rooms, a comprehensive electrical redo, and the replacement of all plumbing to the mainline. Significant upgrades include a new AC system, ductwork, updated floors, and modernized fireplaces. The entire house received new windows, kitchen, and bathrooms. External improvements featured a complete redo of the stucco, while the interior, including the accessory dwelling unit (ADU), received texture overhauls and fresh paint. New doors, door casings, baseboards, LED lights, fence, and roof for the ADU contribute to a thoroughly modernized space. The investment of over $150,000 in the past 8 weeks reflects a significant commitment to enhancing and reinventing this home.

Last Agent to Sell the Property

Berenice Munoz

PMZ Real Estate License #02052898 Listed on: 02/05/2024

PMZ Real Estate

Last Buyer's Agent

Guadalupe Valencia

Keller Williams Realty License #01796766

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,486

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 6,190 Sq Ft Lot
  • Zoning described as R1

Home Design

  • Raised Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,525 Sq Ft Home
  • Ceiling Fan
  • Electric Fireplace
  • Laminate Flooring
  • Carbon Monoxide Detectors
  • 220 Volts In Laundry

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub
  • Separate Shower

Parking

  • Alley Access
  • RV Access or Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Net Lease
  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 120-027-044-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,486

Year Built

Built in 1954 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1954
  • Remodeled/Updated Desc: Bath 0-5YR, Kitchen 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Features: Electric
  • Fireplaces: 1
  • Flooring: Laminate
  • Total Bathrooms: 3
  • Bathroom Features: Shower Stall(s), Tub, Other
  • Dining Room Features: Other
  • Kitchen Features: Other Counter
  • Living Room Features: Other
  • Main Level: Bedroom(s), Full Bath(s), Kitchen
  • Price Per Square Foot: 327.21
  • Square Footage: 1525.00
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Materials: Stucco, Frame, Other
  • Foundation: Raised, Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 499000.00
  • Lot Features: Other
  • New Construction: No
  • Pool: No
  • Roof: Shingle
  • Spa: No
  • Second Unit Estimated Sq Ft: 325
  • Second Unit Full Bathrooms: 1
  • Second Unit Kitchen: Yes

Garage/Parking

  • Parking Features: Alley Access, RV Access

Utilities

  • Security: Carbon Mon Detector, Fire Alarm
  • Sewer: In & Connected
  • Utilities: Public
  • Cooling: Ceiling Fan(s), Central, Other
  • Electric: 220 Volts in Laundry, Other
  • Heating: Central, Other
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R1
  • Irrigation: Other
  • Lot Size Acres: 0.1421
  • Lot Size Sq Ft: 6190.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

  • Unit 2 Partial Bathrooms: 0
  • Unit 2 Description: Studio
  • Unit 2 Occupied: No
  • Unit 2 Type: Detached

Tax Info

  • Assessor Parcel Number: 120-027-044-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 20, 2024
Sold by
Allatry Sammy and Abidali Moustapha
Bought by
Fragoso Luis E Octaviano
Seller's Agent
Berenice Munoz
PMZ Real Estate
Buyer's Agent
Guadalupe Valencia
Keller Williams Realty
List Price
$499,000
Sold Price
$499,000
Views
316
Current Estimated Value
$462,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,782
Avg. Annual Appreciation
-5.77%
Original Mortgage
$474,050
Outstanding Balance
$468,891
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
-$9,167

Purchase Details

Listed on
Aug 14, 2023
Closed on
Sep 11, 2023
Sold by
Webster Sarena
Bought by
Allatry Sammy and Abidali Moustapha
Seller's Agent
Brendan Mohr
eXp Realty of California Inc
Buyer's Agent
Berenice Munoz
PMZ Real Estate
List Price
$269,900
Sold Price
$315,000
Premium/Discount to List
$45,100
16.71%
Views
241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
142.22%
Source: Public Records

Range of Values:

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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
Fragoso Luis E Octaviano $499,000 First American Title
Abidali Moustapha -- First American Title
Allatry Sammy -- First American Title
Allatry Sammy $315,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fragoso Luis E Octaviano $474,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $499,000 0.0% $327 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $499,000 +58.4% $327 / Sq Ft
09/13/2023 09/13/23 Sold $315,000 +16.7% $207 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $269,900 -- $177 / 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 $3,486 $315,000 $230,000 $85,000
2023 $699 $63,082 $18,322 $44,760
2022 $670 $61,846 $17,963 $43,883
2021 $583 $60,634 $17,611 $43,023
2020 $573 $60,013 $17,431 $42,582
2019 $561 $58,838 $17,090 $41,748
2018 $549 $57,685 $16,755 $40,930
2017 $534 $56,555 $16,427 $40,128
2016 $530 $55,447 $16,105 $39,342
2015 $521 $54,616 $15,864 $38,752
2014 $518 $53,547 $15,554 $37,993
Source: Public Records

Agents Affiliated with this Home

  • Berenice Munoz

    Seller's Agent in 2024

    Berenice Munoz

    PMZ Real Estate

    (209) 604-1107

    5 in this area

    58 Total Sales

    Section Image
  • Guadalupe Valencia

    Buyer's Agent in 2024

    Guadalupe Valencia

    Keller Williams Realty

    (209) 992-6927

    3 in this area

    69 Total Sales

    Section Image
  • Brendan Mohr

    Seller's Agent in 2023

    Brendan Mohr

    eXp Realty of California Inc

    (916) 704-6095

    1 in this area

    64 Total Sales

    Section Image
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Map

Source: MetroList

MLS Number: 224010709

MetroList

APN: 120-27-44

California Stanislaus County Modesto 95350 Central Modesto

2005 Terrance Way, Modesto, CA

This home is located at 2005 Terrance Way, Modesto, CA 95350 since 05 February 2024 and is currently estimated at $454,938, approximately $298 per square foot. This property was built in 1954. 2005 Terrance Way is a home located in Stanislaus County with nearby schools including Standiford Elementary School, Somerset Middle School, and Fred C. Beyer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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