NOT LISTED FOR SALE

Estimated Value: $464,000 - $552,000

4 Beds
2 Baths
2,088 Sq Ft
$237/Sq Ft Est. Value

Last Sold December 19, 2017

Last sale price $295,000 $141 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,830/month

10 Days on Market

Highlights

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

About This Home

As of December 2017

Very nice duplex in central location walking distance to shopping and restaurants. Each side is two bedroom one bath with large living and dining areas. Spacious units with over 1000 sq. ft. each. Each unit has private backyard. They also each have a two car garage with laundry hookups. Newer comp. roof and both units have central heat and air. Great for investors or buyer that wants to live in one and rent the other.

Last Agent to Sell the Property

Eric Terrero

PMZ Real Estate License #01359150 Listed on: 10/31/2017

PMZ Real Estate

Co-Listed By

Roberto Covarrubias

PMZ Real Estate License #01925993

Last Buyer's Agent

Ernie Boehm

Boehm & Associates License #01955657

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 7,200

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 7,200 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $1,500
  • Tenant pays for electricity trash collection water
  • Assessor Parcel Number 032-050-038-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month
  • Oral Lease Type

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1977
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Electric Cook Top
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Brick,Lap Siding,Wood
  • Disclosures/Documents: None
  • Listing Price: 299990.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

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

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200

Rental Info

  • Tenant Pays: Electricity,Trash Collection,Water
  • Total Deposit: 1500

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 032-050-038-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2017
Closed on
Dec 13, 2017
Sold by
Terra Megan L and Colombini Megan L
Bought by
Wallace Barclay
Seller's Agent
Eric Terrero
PMZ Real Estate
Buyer's Agent
Ernie Boehm
Boehm & Associates
List Price
$299,990
Sold Price
$295,000
Premium/Discount to List
-$4,990
-1.66%
Current Estimated Value
$481,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,957
Avg. Annual Appreciation
6.59%
Original Mortgage
$19,585
Outstanding Balance
$16,489
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$478,413

Purchase Details

Listed on
Jun 9, 2015
Closed on
Aug 5, 2015
Sold by
Terra Michael J
Bought by
Colombini Megan L
Seller's Agent
Wayne Yoder
Yoder Realty
Buyer's Agent
Eric Terrero
PMZ Real Estate
List Price
$238,000
Sold Price
$230,000
Premium/Discount to List
-$8,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$172,500
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 9, 2015
Closed on
Jul 16, 2015
Sold by
Stough George G and Stough Alice M
Bought by
Colombini Megan L
Seller's Agent
Wayne Yoder
Yoder Realty
Buyer's Agent
Eric Terrero
PMZ Real Estate
List Price
$238,000
Sold Price
$230,000
Premium/Discount to List
-$8,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 1995
Sold by
Stough George G and Stough Alice M
Bought by
Stough George G and Stough Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.62%
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
Wallace Barclay $295,000 North American Title Co Inc
Colombini Megan L -- Chicago Title Company
Colombini Megan L $230,000 Chicago Title Company
Stough George G -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Barclay $19,585
Previous Owner Colombini Megan L $172,500
Previous Owner Stough George G $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2017 12/19/17 Sold $295,000 -1.7% $141 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
10/31/2017 10/31/17 For Sale $299,990 +30.4% $144 / Sq Ft
08/13/2015 08/13/15 Sold $230,000 -3.4% $110 / Sq Ft View Prior Sale
06/26/2015 06/26/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $238,000 -- $114 / 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 $3,925 $335,655 $125,158 $210,497
2024 $3,749 $329,074 $122,704 $206,370
2023 $3,694 $322,623 $120,299 $202,324
2022 $3,605 $316,298 $117,941 $198,357
2021 $3,390 $310,097 $115,629 $194,468
2020 $3,457 $306,918 $114,444 $192,474
2019 $3,377 $300,900 $112,200 $188,700
2018 $3,215 $295,000 $110,000 $185,000
2017 $2,546 $234,600 $71,400 $163,200
2016 $2,497 $230,000 $70,000 $160,000
2015 $1,352 $124,365 $35,126 $89,239
2014 $1,331 $121,929 $34,438 $87,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17069845

MetroList

APN: 032-50-38