NOT LISTED FOR SALE

207 Redbud Ln Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $501,133 - $526,000

4 Beds
2 Baths
1,890 Sq Ft
$272/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $387,500 $205 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,061/month

5 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Double Pane Windows
  • 2 Car Garage

About This Home

As of November 2020

Here is a well maintained duplex with positive cash flow. Both units are well cared for and are in good condition. Separate addresses of 205 & 207, each unit is approx. 945 Sq. Ft. with private backyards. Duplex also features: Newer windows, Central HVAC, a 2 car garage and an inside laundry room for each unit. Front security gate to keep unwanted solicitors away from your tenants. Great duplex for investors.

Last Agent to Sell the Property

Ismael Ontiveros Jr

HomeSmart PV & Associates License #01837915 Listed on: 10/05/2020

HomeSmart PV & Associates

Last Buyer's Agent

Albert Mejia

EXIT Realty Consultants License #01960392

EXIT Realty Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 6,000

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • 6,000 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 033-079-002-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1979
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Laminate,Tile,Varies by Unit
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Brick,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 399000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Res
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 033-079-002-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Nov 2, 2020
Sold by
Valencia Anjelica and Valencia Enrique O
Bought by
King Nicolas Ellis
Seller's Agent
Ismael Ontiveros Jr
HomeSmart PV & Associates
Buyer's Agent
Albert Mejia
EXIT Realty Consultants
List Price
$399,000
Sold Price
$387,500
Premium/Discount to List
-$11,500
-2.88%
Current Estimated Value
$513,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,067
Avg. Annual Appreciation
5.61%
Original Mortgage
$310,000
Outstanding Balance
$275,728
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$237,839

Purchase Details

Closed on
May 18, 2006
Sold by
Valencia Anjelica
Bought by
Valencia Anjelica and Valencia Enrique O

Purchase Details

Closed on
Oct 30, 2003
Sold by
Valencia Anjelica and Valencia Angelica
Bought by
Valencia Anjelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 2002
Sold by
Valencia Enrique O and Valencia Blance
Bought by
Valencia Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 1998
Sold by
Marvin Karen A
Bought by
Valencia Anjelica and Valencia Enrique O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,517
Interest Rate
7.13%
Mortgage Type
FHA
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
King Nicolas Ellis $387,500 Chicago Title Company
Valencia Anjelica -- Accommodation
Valencia Anjelica -- First American Title Co
Valencia Angelica -- Chicago Title Co
Valencia Anjelica $99,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Nicolas Ellis $310,000
Previous Owner Valencia Anjelica $102,000
Previous Owner Valencia Angelica $105,000
Previous Owner Valencia Anjelica $98,517
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2020 11/05/20 Sold $387,500 -2.9% $205 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $399,000 -- $211 / 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 $4,535 $419,440 $86,593 $332,847
2024 $4,452 $411,217 $84,896 $326,321
2023 $4,560 $403,155 $83,232 $319,923
2022 $4,320 $395,250 $81,600 $313,650
2021 $4,295 $387,500 $80,000 $307,500
2020 $1,710 $144,527 $32,844 $111,683
2019 $1,678 $141,694 $32,200 $109,494
2018 $1,652 $138,917 $31,569 $107,348
2017 $1,615 $136,194 $30,950 $105,244
2016 $1,583 $133,525 $30,344 $103,181
2015 $1,562 $131,521 $29,889 $101,632
2014 $1,530 $128,946 $29,304 $99,642
Source: Public Records

Agents Affiliated with this Home

  • Ismael Ontiveros Jr

    Seller's Agent in 2020

    Ismael Ontiveros Jr

    HomeSmart PV & Associates

    (209) 531-4134

    7 in this area

    63 Total Sales

    Ismael Ontiveros Jr
    Section Image
  • Albert Mejia

    Buyer's Agent in 2020

    Albert Mejia

    EXIT Realty Consultants

    (209) 531-3243

    9 in this area

    176 Total Sales

    Albert Mejia
    Section Image
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Map

Source: MetroList

MLS Number: 20060069

MetroList

APN: 033-79-02

California Stanislaus County Modesto 95354 La Loma

207 Redbud Ln, Modesto, CA

Not Listed for Sale

MultiFamily

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