NOT LISTED FOR SALE

2047 Glendale Ave Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $402,000

3 Beds
2 Baths
1,597 Sq Ft
$252/Sq Ft Est. Value

Last Sold September 14, 2012

Last sale price $105,000 $66 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $2,226/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 1-Story Property

About This Home

As of September 2012

Great income property featuring 2 units. Front unit has 2 beds and 1 bath. Back unit has 1 bed and 1 bath. Complex has a long drive with 2 car detached garage. This is a must see.

Last Agent to Sell the Property

Tami Gosselin

HomeSmart PV & Associates License #01334044 Listed on: 08/10/2012

HomeSmart PV & Associates

Last Buyer's Agent

Irene Conway

Classic Real Estate & Property Management License #01396487

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions: 0

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Additional Features

  • 1-Story Property
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv electricity gas sewer trash collection water
  • Assessor Parcel Number 116-079-020-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1951
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: None
  • Flooring: Carpet,Varies by Unit

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 105000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Evaporative Cooler
  • Heating: Wall Furnace

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: 0.1500
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Sewer,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

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

Tax Info

  • Assessor Parcel Number: 116-079-020-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2012
Closed on
Sep 11, 2012
Sold by
Prakasam Gnanagurudasan and Prakasam Eswari
Bought by
Hawkins Tyler R
Seller's Agent
Tami Gosselin
HomeSmart PV & Associates
Buyer's Agent
Irene Conway
Classic Real Estate & Property Management
List Price
$105,000
Sold Price
$105,000
Current Estimated Value
$402,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,000
Avg. Annual Appreciation
10.63%

Purchase Details

Closed on
Aug 8, 2007
Sold by
Lankford Jim
Bought by
Prakasam Gnanagurudasan and Prakasam Eswari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 9, 2007
Sold by
Mcdade Jon V
Bought by
Lankford Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 30, 2004
Sold by
Mcdade Jon V
Bought by
Mcdade Jon V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.62%
Mortgage Type
Commercial
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
Hawkins Tyler R $105,000 First American Title Company
Prakasam Gnanagurudasan $380,000 Fidelity Natl Title Co Of Ca
Lankford Jim -- None Available
Mcdade Jon V -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prakasam Gnanagurudasan $304,000
Previous Owner Mcdade Jon V $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2012 09/14/12 Sold $105,000 0.0% $66 / Sq Ft
08/23/2012 08/23/12 Pending -- -- --
08/10/2012 08/10/12 For Sale $105,000 -- $66 / 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 $1,512 $129,288 $30,779 $98,509
2024 $1,444 $126,754 $30,176 $96,578
2023 $1,423 $124,270 $29,585 $94,685
2022 $1,388 $121,834 $29,005 $92,829
2021 $1,306 $119,446 $28,437 $91,009
2020 $1,332 $118,222 $28,146 $90,076
2019 $1,301 $115,905 $27,595 $88,310
2018 $1,238 $113,633 $27,054 $86,579
2017 $1,209 $111,406 $26,524 $84,882
2016 $1,186 $109,222 $26,004 $83,218
2015 $1,170 $107,582 $25,614 $81,968
2014 $1,152 $105,476 $25,113 $80,363
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Tami Gosselin

    HomeSmart PV & Associates

    Section Image
  • Irene Conway

    Buyer's Agent in 2012

    Irene Conway

    Classic Real Estate & Property Management

    (209) 521-4800

    6 Total Sales

    Irene Conway
    Section Image
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Map

Source: MetroList

MLS Number: 12050266

MetroList

APN: 116-79-20

California Stanislaus County Modesto 95354 La Loma

2047 Glendale Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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