NOT LISTED FOR SALE

Estimated Value: $481,114 - $497,000

6 Beds
4 Baths
2,519 Sq Ft
$194/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $375,000 $149 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,958/month

12 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 1-Story Property

About This Home

As of February 2021

Great price on a lovely fourplex, with good, long term tenants. do not disturb tenants.

Last Agent to Sell the Property

Chris Shaw

Chris Shaw, Broker License #00664367 Listed on: 11/19/2020

Last Buyer's Agent

Vyvyan Dang

Portfolio Real Estate License #01964201

Portfolio Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Electric Oven

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 101-007-034

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1938
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: None
  • Foundation: Raised
  • Listing Price: 384950.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Cooling: Window Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: See Remarks

Multi Family

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

Tax Info

  • Assessor Parcel Number: 101-007-034
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Feb 10, 2021
Sold by
Residential Strategies Iii Llc
Bought by
Nanda Akshat
Seller's Agent
Chris Shaw
Chris Shaw, Broker
Buyer's Agent
Vyvyan Dang
Portfolio Real Estate
List Price
$384,950
Sold Price
$375,000
Premium/Discount to List
-$9,950
-2.58%
Current Estimated Value
$489,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,057
Avg. Annual Appreciation
5.59%
Original Mortgage
$281,250
Outstanding Balance
$251,111
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$237,946

Purchase Details

Listed on
Nov 19, 2020
Closed on
Feb 5, 2021
Sold by
Nanda Shalini
Bought by
Nanda Akshat
Seller's Agent
Chris Shaw
Chris Shaw, Broker
Buyer's Agent
Vyvyan Dang
Portfolio Real Estate
List Price
$384,950
Sold Price
$375,000
Premium/Discount to List
-$9,950
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Outstanding Balance
$251,111
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$237,946

Purchase Details

Closed on
Oct 15, 2020
Sold by
Cortez Leopoldo and Cortez Mary
Bought by
Residential Strategies Iii Llc

Purchase Details

Closed on
May 2, 1994
Sold by
Green Silas William
Bought by
Cortez Leopoldo and Cortez Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.8%
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
Nanda Akshat $375,000 Placer Title Company
Nanda Akshat -- Placer Title Company
Residential Strategies Iii Llc $225,000 Placer Title Company
Cortez Leopoldo $73,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nanda Akshat $281,250
Previous Owner Cortez Leopoldo $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $375,000 -2.6% $149 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $384,950 -- $153 / 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 $4,747 $405,910 $54,121 $351,789
2024 $4,534 $397,952 $53,060 $344,892
2023 $4,467 $390,150 $52,020 $338,130
2022 $4,359 $382,500 $51,000 $331,500
2021 $3,827 $350,000 $50,000 $300,000
2020 $1,497 $132,920 $30,041 $102,879
2019 $1,463 $130,314 $29,452 $100,862
2018 $1,392 $127,760 $28,875 $98,885
2017 $1,359 $125,256 $28,309 $96,947
2016 $1,333 $122,801 $27,754 $95,047
2015 $1,315 $120,958 $27,338 $93,620
2014 $1,295 $118,590 $26,803 $91,787
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20069629

MetroList

APN: 101-07-34