NOT LISTED FOR SALE

Estimated Value: $486,868 - $509,000

2 Beds
1 Bath
1,094 Sq Ft
$455/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $482,000 $441 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,245/month

12 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1-Story Property
  • Corner Lot

About This Home

As of August 2023

Attention investors and multi-generational families! This incredible property presents a unique opportunity with two houses on one lot. Both homes feature 2 bedrooms, 1 bath, and offer a comfortable living space for each dwelling. The first house boasts 1,094sqft, providing a cozy and welcoming ambiance. The second house mirrors the same charming features, ensuring a comfortable and independent living experience for its occupants. Each home comes with its own private, fenced yard, perfect for outdoor activities, gardening, or simply enjoying a peaceful retreat. Additionally, the 1-car garage for each residence offers convenient parking and extra storage space. This property offers an outstanding value, not only as a potential investment opportunity but also as a solution for multi-generational living or shared ownership. With two separate homes on a single lot, the possibilities are endless. Take advantage of this incredible chance to generate multiple income streams or accommodate extended family members while enjoying the benefits of homeownership. This is an opportunity not to be missed!

Last Listed By

Alejandra Reyes-Castillo

Castle Real Estate License #01400585 Listed on: 06/11/2023

Castle Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,492

Year Built

  • Built in 1916

Lot Details

  • 8,168 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Parking Space

Home Design

  • Raised Foundation

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Window Bars
  • Laundry in unit

Listing and Financial Details

  • Assessor Parcel Number 111-007-011-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,492

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Other
  • Stories: 1
  • Year Built: 1916
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Other
  • Price Per Square Foot: 227.47

Exterior Features

  • Construction Materials: Wood
  • Foundation: Raised
  • Listing Price: 500000.00
  • Lot Features: Corner

Garage/Parking

  • Parking Features: Detached
  • Total Parking Spaces: 1.00

Utilities

  • Security: Window Security Bars
  • Sewer: Other
  • Utilities: Other
  • Cooling: Other
  • Heating: Other
  • Laundry Features: In Each Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MLT FAM DWLG
  • Irrigation: None
  • Lot Size Acres: 0.1875
  • Lot Size Sq Ft: 8168.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Total # Leasable: 2

Multi Family

  • Income Includes: Other
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 111-007-011-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2023
Closed on
Aug 1, 2023
Sold by
Teresa G Boyd Trust
Bought by
Becerra Gabriel
Seller's Agent
Alejandra Reyes-Castillo
Castle Real Estate
Buyer's Agent
Lisa Haro
Realty One Group Infinity
List Price
$500,000
Sold Price
$482,000
Premium/Discount to List
-$18,000
-3.6%
Total Days on Market
12
Views
138
Current Estimated Value
$497,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,934
Avg. Annual Appreciation
1.87%
Original Mortgage
$473,269
Outstanding Balance
$464,765
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$33,169

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
Becerra Gabriel $482,000 Wfg National Title Insurance C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becerra Gabriel $473,269
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $482,000 -3.6% $441 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $500,000 0.0% $457 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/11/2023 06/11/23 For Sale $500,000 -- $457 / 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 $5,492 $482,000 $267,000 $215,000
2023 $889 $77,674 $23,292 $54,382
2022 $788 $76,152 $22,836 $53,316
2021 $740 $74,660 $22,389 $52,271
2020 $753 $73,896 $22,160 $51,736
2019 $735 $72,448 $21,726 $50,722
2018 $698 $71,028 $21,300 $49,728
2017 $680 $69,636 $20,883 $48,753
2016 $665 $68,272 $20,474 $47,798
2015 $655 $67,248 $20,167 $47,081
2014 $643 $65,931 $19,772 $46,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223053658

MetroList

APN: 111-07-11