NOT LISTED FOR SALE

Estimated Value: $619,000 - $633,822

4 Beds
4 Baths
3,008 Sq Ft
$208/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $637,500 $212 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,916/month

8 Days on Market

Highlights

  • 0.32 Acre Lot
  • No HOA
  • Covered Patio or Porch
  • Private Yard
  • Cottage
  • Tile Flooring

About This Home

As of April 2024

These adorable cottages, located within walking distance of Modesto Junior College, Graceada Park, and downtown, are real gems. The cottages boast architectural details not often found in investment properties. Situated on a rare double lot, there's yard space that's truly unique. Each unit has it's own storage/garage space and each is separately metered. This is a must see investment opportunity!

Last Agent to Sell the Property

Susan Baudler

HomeSmart PV & Associates License #01894922 Listed on: 02/08/2024

HomeSmart PV & Associates

Last Buyer's Agent

Joe Montoya

HomeSmart ICARE Realty License #01177673

HomeSmart ICARE Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 0.32 Acre Lot
  • Sprinklers on Timer
  • Private Yard

Home Design

  • Quadruplex
  • Cottage
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,008 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Window Screens

Kitchen

  • Free-Standing Gas Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Window Bars With Quick Release
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Separate Meters
  • 220 Volts
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 109-006-010-000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1938 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Year Built: 1938
  • Architectural Style: Cottage
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Microwave, Varies By Unit
  • Flooring: Carpet, Tile, Laminate
  • Price Per Square Foot: 211.93
  • Square Footage: 3008.00
  • Window Features: Caulked/Sealed, Window Coverings, Window Screens

Exterior Features

  • Construction Materials: Stucco, Wood, Wood Siding
  • Disclosures/Documents: Rental/Lease Agreement(s), Seller Property Questionnaire, Environmental Hazards Report, Estoppel Certificate, Transfer Disclosure Statement
  • Exterior Features: Yard Space
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 615000.00
  • Lot Features: Auto Sprinkler F&R, Shape Regular, Curbs/Gutters, Sidewalk
  • New Construction: No
  • Patio And Porch Features: Covered Patio, Varies by Unit
  • Pool: No
  • Property Condition: Updated/Remodeled, Varies by Unit
  • Roof: Composition
  • Spa: No
  • Topography: Level,Level

Garage/Parking

  • Open Parking Spaces: 4.00
  • Parking Features: Off Street, Open, Uncovered
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector, Window Bars w/Quick Release, Varies By Unit, Security Lights
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer In & Connected
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Meter on Site, Public
  • Separate Meters: Electricity, Gas

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning: Residential
  • Irrigation: None
  • Lot Size Acres: 0.3214
  • Lot Size Sq Ft: 14000.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 4
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 109-006-010-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2025
Sold by
Peace Robert A
Bought by
219 Olive Trust and Plaza
Current Estimated Value
$626,411

Purchase Details

Listed on
Feb 8, 2024
Closed on
Apr 4, 2024
Sold by
Peace Rebecca S
Bought by
Peace Robert A
Seller's Agent
Susan Baudler
HomeSmart PV & Associates
Buyer's Agent
Joe Montoya
HomeSmart ICARE Realty
List Price
$615,000
Sold Price
$637,500
Premium/Discount to List
$22,500
3.66%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.02%
Original Mortgage
$341,063
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2024
Closed on
Mar 19, 2024
Sold by
J A & C D Schmidt Trust and Schmidt James
Bought by
Peace Robert A
Seller's Agent
Susan Baudler
HomeSmart PV & Associates
Buyer's Agent
Joe Montoya
HomeSmart ICARE Realty
List Price
$615,000
Sold Price
$637,500
Premium/Discount to List
$22,500
3.66%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,063
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2011
Sold by
Schmidt James Arthur and Schmidt Cynthia Diane
Bought by
Schmidt James A and Schmidt Cynthia D
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
219 Olive Trust -- None Listed On Document
Peace Robert A -- Old Republic Title
Peace Robert A $637,500 Old Republic Title
Peace Robert A $637,500 Old Republic Title
Schmidt James A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peace Robert A $341,063
Previous Owner Peace Robert A $341,063
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $637,500 +3.7% $212 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $615,000 -- $204 / 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 $7,604 $650,250 $219,300 $430,950
2024 $2,126 $186,600 $99,521 $87,079
2023 $2,095 $182,942 $97,570 $85,372
2022 $2,044 $179,356 $95,657 $83,699
2021 $1,923 $175,840 $93,782 $82,058
2020 $1,960 $174,038 $92,821 $81,217
2019 $1,915 $170,626 $91,001 $79,625
2018 $1,823 $167,281 $89,217 $78,064
2017 $1,780 $164,002 $87,468 $76,534
2016 $1,745 $160,787 $85,753 $75,034
2015 $1,722 $158,372 $84,465 $73,907
2014 $1,695 $155,271 $82,811 $72,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224011573

MetroList

APN: 109-06-10