NOT LISTED FOR SALE

Estimated Value: $365,000 - $412,684

4 Beds
4 Baths
2,000 Sq Ft
$194/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $188,000 $94 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,262/month

45 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property

About This Home

As of December 2015

Investment Opportunity. Five unit apartments. Each unit is one bedroom, one bath. Priced to sell.

Last Agent to Sell the Property

Ken Anderson

HomeSmart PV & Associates License #01790542 Listed on: 09/01/2015

HomeSmart PV & Associates

Last Buyer's Agent

Brian Medeiros

Century 21 MM License #01250067

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1947

Lot Details

  • 0.3 Acre Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,100
  • Tenant pays for electricity gas
  • Assessor Parcel Number 037-020-057-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Building Details

  • 2 Leased Units
  • 1 Vacant Unit
  • 2 Units Leased Month-To-Month
  • Insurance Expense $1,349

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,056

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1947
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range,Free Standing Refrigerator
  • Flooring: Tile

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 195000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Varies by Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),None
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R3 - Buyer to confirm
  • Lot Size Acres: 0.2979
  • Lot Size Sq Ft: 12977

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total Deposit: 2100
  • Total # Leasable: 5

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 1349
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 5
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 037-020-057-000
  • Current RE Taxes: 1056

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2024
Sold by
Corrales Diego and Corrales Maria M
Bought by
Diego Corrales Sr And Maria Corrales 2024 Rev and Corrales
Current Estimated Value
$388,842

Purchase Details

Closed on
Jul 14, 2017
Sold by
Corrales Diego and Corrales Maria M
Bought by
Corrales Diego and Corrales Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 1, 2015
Closed on
Nov 10, 2015
Sold by
Kelley Cleveland Dale
Bought by
Corrales Deigo and Corrales Maria M
Seller's Agent
Ken Anderson
HomeSmart PV & Associates
Buyer's Agent
Brian Medeiros
Century 21 MM
List Price
$195,000
Sold Price
$188,000
Premium/Discount to List
-$7,000
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%

Purchase Details

Closed on
May 4, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Kelley Cleveland Dale

Purchase Details

Closed on
Jan 29, 2009
Sold by
Montes Juan
Bought by
Deutsche Bank National Trust Company and Morgan Stanley Mortgage Abs Capital I In

Purchase Details

Closed on
May 24, 2004
Sold by
Montes Irma
Bought by
Montes Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,700
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2004
Sold by
Singh Jagar and Singh Renny
Bought by
Montes Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,700
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2004
Sold by
Singh Family Partners Lp
Bought by
Singh Jagar and Singh Renny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2001
Sold by
Luis Rose Marie and Trust Of Rose Marie Luis
Bought by
Singh Malkeet and Singh Baljeet K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Diego Corrales Sr And Maria Corrales 2024 Rev -- None Listed On Document
Corrales Diego -- Transcounty Title Company
Corrales Deigo $188,000 Old Republic Title Company
Kelley Cleveland Dale $80,000 Old Republic Title Company
Deutsche Bank National Trust Company $134,438 None Available
Montes Juan -- Fidelity Natl Title Co Of Ca
Montes Juan $332,500 Fidelity Natl Title Co Of Ca
Singh Jagar $265,000 Fidelity National Title
Singh Malkeet -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corrales Diego $100,000
Previous Owner Montes Juan $269,700
Previous Owner Singh Jagar $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2015 12/18/15 Sold $188,000 -3.6% $94 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
09/01/2015 09/01/15 For Sale $195,000 -- $98 / 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 $2,699 $217,810 $47,348 $170,462
2024 $2,584 $213,540 $46,420 $167,120
2023 $2,322 $189,694 $45,510 $144,184
2022 $2,268 $185,975 $44,618 $141,357
2021 $2,348 $201,227 $43,744 $157,483
2020 $2,390 $199,165 $43,296 $155,869
2019 $2,337 $195,261 $42,448 $152,813
2018 $2,231 $191,433 $41,616 $149,817
2017 $2,181 $187,680 $40,800 $146,880
2016 $2,142 $184,000 $40,000 $144,000
2015 $1,078 $85,917 $16,108 $69,809
2014 $1,056 $84,235 $15,793 $68,442
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15057826

MetroList

APN: 037-20-57