NOT LISTED FOR SALE

2040 Celeste Dr Modesto, CA 95355

Northeast Modesto Neighborhood

Estimated Value: $561,526 - $607,000

6 Beds
3 Baths
2,292 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $320,000 $140 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,397/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 1-Story Property

About This Home

As of August 2016

Beautiful Triplex in established location. Roof looks to be in good condition. Spacious corner lot with large carports & storage. Inside laundry areas. One unit has new carpet & vinyl. See video tour of the units. Offers to be made subject to approval of interiors. Please do not disturb tenants.

Last Agent to Sell the Property

Joseph Bondi

PMZ Real Estate License #00887311 Listed on: 07/20/2016

PMZ Real Estate

Co-Listed By

Daniel Del Real

PMZ Real Estate License #01423976

PMZ Real Estate

Last Buyer's Agent

Daniel Del Real

PMZ Real Estate License #01423976

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 9,587

Home Design

  • Triplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Parking

  • 1 Parking Space Included
  • 3 Covered Spaces

Additional Features

  • 9,587 Sq Ft Lot
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 066-019-044

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1968
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Brick,Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Tree Ordinance
  • Listing Price: 340000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 3
  • Parking Features: Carport,1 Space Per Unit

Utilities

  • Security: Smoke Detector
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas,Wall Furnace

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R3
  • Lot Size Acres: 0.2201
  • Lot Dimensions: In Office
  • Lot Size Sq Ft: 9587

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 066-019-044

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2016
Closed on
Aug 19, 2016
Sold by
Pease Jeffrey N and Pease Pamela S
Bought by
Nghe Keith and Huynh Mandy
Seller's Agent
Joseph Bondi
PMZ Real Estate
Buyer's Agent
Daniel Del Real
PMZ Real Estate
List Price
$340,000
Sold Price
$320,000
Premium/Discount to List
-$20,000
-5.88%
Current Estimated Value
$583,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,175
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Sep 19, 2006
Sold by
Romo Veronica
Bought by
Romo Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 15, 2006
Sold by
Yeh Charles and Yeh Marilyn
Bought by
Romo Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 3, 2003
Sold by
Mooneyham Evelyn I and Mooneyham Donnie E
Bought by
Pease Jeffrey N and Pease Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
5.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 1999
Sold by
Hinchey Gwendolyn I Trustee
Bought by
Cervantes Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,959
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 1996
Sold by
Hinchey Gwendolyn I
Bought by
Hinchey Gwen I and Hinchey Family 1990 Trust
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 $320,000 Chicago Title Company
Romo Ramiro -- Fidelity Natl Title Co Of Ca
Romo Ramiro $310,000 Fidelity Natl Title Co Of Ca
Pease Jeffrey N $335,000 Stewart Title Of Modesto
Cervantes Larry $156,000 Stewart Title
Hinchey Gwen I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romo Ramiro $248,000
Previous Owner Pease Jeffrey N $251,250
Previous Owner Cervantes Larry $154,959
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2016 08/26/16 Sold $320,000 -5.9% $140 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $340,000 -- $148 / 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 $4,104 $371,382 $72,535 $298,847
2024 $4,030 $364,101 $71,113 $292,988
2023 $3,953 $356,963 $69,719 $287,244
2022 $3,793 $349,964 $68,352 $281,612
2021 $3,727 $343,103 $67,012 $276,091
2020 $3,673 $339,586 $66,325 $273,261
2019 $3,606 $332,928 $65,025 $267,903
2018 $3,535 $326,400 $63,750 $262,650
2017 $3,451 $320,000 $62,500 $257,500
2016 $4,134 $378,000 $62,500 $315,500
2015 $3,446 $315,000 $62,500 $252,500
2014 -- $281,000 $62,500 $218,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joseph Bondi

    PMZ Real Estate

    Section Image
  • Daniel Del Real

    Seller Co-Listing Agent in 2016

    Daniel Del Real

    PMZ Real Estate

    (209) 750-7019

    97 in this area

    898 Total Sales

    Daniel Del Real
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 16046639

MetroList

APN: 066-19-44

California Stanislaus County Modesto 95355 Northeast Modesto

2040 Celeste Dr, Modesto, CA

Not Listed for Sale

MultiFamily

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