NOT LISTED FOR SALE

2052 Esther Dr Modesto, CA 95350

Estimated Value: $731,000 - $731,563

9 Beds
5 Baths
3,400 Sq Ft
$215/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $600,000 $176 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,444/month

19 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Double Pane Windows

About This Home

As of February 2021

Four Units in a great location, off of Prescott. Rare to see a 3/1.5 (1 unit)bottom floor, rest are 2/1 with spacious floor plan. On site laundry room with washer/dryer hook ups. 3.1/2 Unit was completely remodeled in 2020, other units have updated bathrooms.

Last Agent to Sell the Property

Jesus Romero

HomeSmart PV & Associates License #01887063 Listed on: 12/17/2020

HomeSmart PV & Associates

Last Buyer's Agent

Natalie Swerkes

First Statewide Realty License #01818847

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,601

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Free-Standing Electric Range

Parking

  • 1 Parking Space Included
  • 4 Covered Spaces

Additional Features

  • 7,601 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 060-013-037-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1965
  • Architectural Style: Traditional
  • Stories: 2
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Laminate,Tile,Varies by Unit
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available
  • Foundation: Slab
  • Listing Price: 590000.00
  • Patio And Porch Features: Varies by Unit
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 4
  • Parking Features: Open,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s),Window Unit(s)
  • Heating: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Fourplex
  • Lot Size Acres: 0.1745
  • Lot Size Sq Ft: 7601

Rental Info

  • Tenant Pays: Electricity
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 4
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 060-013-037-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Feb 18, 2021
Sold by
Cheema Kulwant Singh and Kaur Rajwant
Bought by
Pedersen David
Seller's Agent
Jesus Romero
HomeSmart PV & Associates
Buyer's Agent
Natalie Swerkes
First Statewide Realty
List Price
$590,000
Sold Price
$600,000
Premium/Discount to List
$10,000
1.69%
Current Estimated Value
$731,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,282
Avg. Annual Appreciation
4.16%
Original Mortgage
$450,000
Outstanding Balance
$402,476
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$328,806

Purchase Details

Listed on
Jul 24, 2017
Closed on
Apr 17, 2018
Sold by
Padilla Sergio and Padilla Rene
Bought by
Cheema Kulwant Singh and Kaur Rajwant
Seller's Agent
Raquel Torres
Quest Real Estate & Finance
Buyer's Agent
Marivel Romero
HomeSmart PV & Associates
List Price
$495,000
Sold Price
$465,900
Premium/Discount to List
-$29,100
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
Original Mortgage
$348,750
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2002
Sold by
Gonzalez Gregorio
Bought by
Padilla Sergio and Padilla Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2002
Sold by
Padilla Eva
Bought by
Padilla Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2001
Sold by
Gonzalez Marlene
Bought by
Gonzalez Gregorio

Purchase Details

Closed on
Aug 16, 2001
Sold by
Valenzuela Jaime Jose
Bought by
Gonzalez Gregorio and Gonzalez Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2001
Sold by
Royalton Ltd Partnership
Bought by
Valenzuela Jaime Jose

Purchase Details

Closed on
Jan 10, 2001
Sold by
Royalton Ltd Partnership
Bought by
Royalton Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2001
Sold by
Rosado Ruben E and Rosado Anita
Bought by
Royalton Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 2000
Sold by
Smith Jerry A
Bought by
Rosado Ruben E and Rosado Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.67%
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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Purchase History

Date Buyer Sale Price Title Company
Pedersen David $600,000 First American Title Company
Cheema Kulwant Singh $466,000 First American Title Co
Padilla Sergio $410,000 North American Title Ins Co
Padilla Sergio -- North American Title Ins Co
Gonzalez Gregorio -- --
Gonzalez Gregorio $295,000 North American Title Co
Valenzuela Jaime Jose -- --
Royalton Ltd Partnership -- --
Royalton Ltd Partnership -- --
Rosado Ruben E $185,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedersen David $450,000
Previous Owner Cheema Kulwant Singh $348,750
Previous Owner Padilla Sergio $260,000
Previous Owner Gonzalez Gregorio $206,500
Previous Owner Rosado Ruben E $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2021 02/25/21 Sold $600,000 +1.7% $176 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
12/17/2020 12/17/20 For Sale $590,000 +26.6% $174 / Sq Ft
04/23/2018 04/23/18 Sold $465,900 -5.9% $126 / Sq Ft View Prior Sale
03/05/2018 03/05/18 Pending -- -- --
07/23/2017 07/23/17 For Sale $495,000 -- $133 / 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 $7,487 $649,458 $54,121 $595,337
2024 $7,222 $636,724 $53,060 $583,664
2023 $7,091 $624,240 $52,020 $572,220
2022 $6,898 $612,000 $51,000 $561,000
2021 $5,323 $489,848 $131,397 $358,451
2020 $5,252 $484,826 $130,050 $354,776
2019 $5,189 $475,320 $127,500 $347,820
2018 $5,616 $510,500 $76,000 $434,500
2017 $5,085 $464,000 $69,000 $395,000
2016 $4,594 $422,000 $62,500 $359,500
2015 $3,858 $352,000 $62,500 $289,500
2014 $3,484 $315,000 $62,500 $252,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jesus Romero

    HomeSmart PV & Associates

    Section Image

  • N

    Buyer's Agent in 2021

    Natalie Swerkes

    First Statewide Realty

  • R

    Seller's Agent in 2018

    Raquel Torres

    Quest Real Estate & Finance

    (209) 996-0910

    6 Total Sales

    Raquel Torres
    Section Image
  • Marivel Romero

    Buyer's Agent in 2018

    Marivel Romero

    HomeSmart PV & Associates

    (209) 606-7891

    20 Total Sales

    Marivel Romero
    Section Image
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Map

Source: MetroList

MLS Number: 20073768

MetroList

APN: 060-13-37

California Stanislaus County Modesto 95350

2052 Esther Dr, Modesto, CA

Not Listed for Sale

MultiFamily

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