NOT LISTED FOR SALE

207 Olive Ave Modesto, CA 95350

Aurora Neighborhood

Estimated Value: $483,000 - $576,473

4 Beds
4 Baths
2,194 Sq Ft
$241/Sq Ft Est. Value

Last Sold December 01, 2015

Last sale price $290,000 $132 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,110/month

76 Days on Market

Highlights

  • A-Frame Home
  • No HOA
  • Washer and Dryer

About This Home

As of December 2015

College area. Cute old world charm 4 units in clean condition with office or bonus room. Recently remodeled and within walking distance to MJC. Come take a look! Rents are low!

Last Agent to Sell the Property

Nick Mcadams

PMZ Real Estate License #01252142 Listed on: 08/27/2015

PMZ Real Estate

Last Buyer's Agent

Nick Mcadams

PMZ Real Estate License #01252142 Listed on: 08/27/2015

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,465

Year Built

  • Built in 1931

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions: 0.1607

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • A-Frame Home
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Washer and Dryer

Utilities

  • Window Unit Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 109-006-008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • Insurance Expense $972

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,465

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1931
  • Architectural Style: A-Frame
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: Varies by Unit,None
  • Flooring: Carpet,Tile,Wood,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Pest Certification Available,See Remarks
  • Listing Price: 344900.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 2
  • Parking Features: Garage,Street,Varies by Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Window Unit(s)
  • Heating: Natural Gas,Wall Furnace,Varies by Unit
  • Laundry Features: Washer/Dryer

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1607
  • Lot Dimensions: .1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Insurance Expense: 972
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 109-006-008
  • Current RE Taxes: 1465

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2015
Closed on
Nov 24, 2015
Sold by
Zapien Plata V Elizabeth
Bought by
Plata Edward J
Seller's Agent
Nick Mcadams
PMZ Real Estate
Buyer's Agent
Nick Mcadams
PMZ Real Estate
List Price
$344,900
Sold Price
$290,000
Premium/Discount to List
-$54,900
-15.92%
Current Estimated Value
$529,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,737
Avg. Annual Appreciation
6.16%
Original Mortgage
$60,000
Outstanding Balance
$47,145
Interest Rate
3.76%
Mortgage Type
Commercial
Estimated Equity
$482,592

Purchase Details

Listed on
Aug 27, 2015
Closed on
Nov 20, 2015
Sold by
Larsen Shari L and Jespersen Denette K
Bought by
Plata Edward J
Seller's Agent
Nick Mcadams
PMZ Real Estate
Buyer's Agent
Nick Mcadams
PMZ Real Estate
List Price
$344,900
Sold Price
$290,000
Premium/Discount to List
-$54,900
-15.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$47,145
Interest Rate
3.76%
Mortgage Type
Commercial
Estimated Equity
$482,592

Purchase Details

Closed on
Jan 21, 1998
Sold by
Don Larsen Carroll and Larsen Geraldine
Bought by
Larsen Carroll Don and Larsen Geraldine
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
Plata Edward J -- Cypress Title
Plata Edward J $290,000 Cypress Title Corporation
Larsen Carroll Don -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plata Edward J $60,000
Open Plata Edward J $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2015 12/01/15 Sold $290,000 -15.9% $132 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $344,900 -- $157 / 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 $4,015 $343,295 $73,984 $269,311
2024 $3,835 $336,565 $72,534 $264,031
2023 $3,778 $329,966 $71,112 $258,854
2022 $3,687 $323,497 $69,718 $253,779
2021 $3,468 $317,154 $68,351 $248,803
2020 $3,536 $313,903 $67,651 $246,252
2019 $3,454 $307,749 $66,325 $241,424
2018 $3,288 $301,716 $65,025 $236,691
2017 $3,210 $295,800 $63,750 $232,050
2016 $3,148 $290,000 $62,500 $227,500
2015 $1,489 $136,949 $44,584 $92,365
2014 $1,466 $134,267 $43,711 $90,556
Source: Public Records

Agents Affiliated with this Home

  • Nick Mcadams

    Seller's Agent in 2015

    Nick Mcadams

    PMZ Real Estate

    (209) 345-3060

    12 Total Sales

    Nick Mcadams
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Map

Source: MetroList

MLS Number: 15056813

MetroList

APN: 109-06-08

California Stanislaus County Modesto 95350 Aurora

207 Olive Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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