NOT LISTED FOR SALE

2212 Chrysler Dr Unit 1 Modesto, CA 95350

Estimated Value: $233,000 - $481,540

8 Beds
4 Baths
3,414 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 23, 2017

Last sale price $425,000 $124 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $1,782/month

22 Days on Market

Highlights

  • Private Pool
  • Traditional Architecture
  • Balcony
  • Vaulted Ceiling
  • Ground Level Unit
  • 4 Car Attached Garage

About This Home

As of May 2017

Well maintained 4units building which was rezoned into to 4 condos with 4 parcel numbers. There is HOA who maintains the exterior of the building, pool, lawns, laundry room and provide security and night petrol.The units are called " PRESCOTT ESTATES," Managed by Whispering Woods Community Association on site who maintains these units, collect rents, replace tenants, provide repairs and provide periodical statements to the landlord. The property used to be a four plex before, that is how it is being managed as one property though these are 4 condos now. The units and the streets show very well.

Last Agent to Sell the Property

Surjit Kaur-Grewal

Intero Real Estate Services License #01077028 Listed on: 03/25/2017

Intero Real Estate Services

Last Buyer's Agent

Kirk Lawrence

Coldwell Banker Realty License #02026505

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Lot Details

  • 8,189 Sq Ft Lot
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Secured Garage or Parking
  • On-Street Parking
  • Assigned Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,414 Sq Ft Home
  • Vaulted Ceiling
  • Storage Room
  • Security Lights

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Ceramic Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Outdoor Features

  • Private Pool
  • Balcony
  • Shed

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Total Actual Rent $40,910

Community Details

Building Details

  • 4 Leased Units
  • Maintenance Expense $251
  • Manager Expense $5,220
  • Other Expense $2,615
  • Operating Expense $11,569
  • Gross Income $40,978

Additional Features

  • Property has a Home Owners Association
  • Coin Laundry
  • Security Guard

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

0

Parking

4

Listing Details

  • Zoning: PD63
  • Subclass: Fourplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3414
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Ceramic, Countertop - Formica, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal
  • Living Sq Ft: 3414
  • Security: Secured Garage / Parking, Security Guard, Security Lights
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Sprinklers - Lawn, Storage Shed / Structure
  • Pool: Community Facility, Pool - In Ground
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Attached Garage, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 413
  • HOA Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Lot Info

  • Lot Description: Ground Floor
  • Lot Acres: 0.1880
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8184.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8184.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, More Than 1 Yr, Security Deposit
  • Gross Rent Multiplier: 10.27
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Maintenance: 251
  • Expense Management: 5220
  • Expenses Other: 2615
  • Expenses Total: 11569
  • Income Annual Gross: 40978.00
  • Income Annual Rental: 40910
  • Income Gross Scheduled: 41392
  • Income Other: 482
  • Meters: Separate Electric, Separate Gas, Separate Other
  • Number Of Buildings: 1
  • Operating Expenses Include: Cable Tv, Fee - Property Management
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2017
Closed on
May 22, 2017
Sold by
Kaur Kaur Harjinder Harjinder and Kaur Mangar Harjinder
Bought by
Hk Team Llc
Seller's Agent
Surjit Kaur-Grewal
Intero Real Estate Services
Buyer's Agent
Kirk Lawrence
Coldwell Banker Realty
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$318,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$106,615
Avg. Annual Appreciation
-3.29%

Purchase Details

Closed on
Dec 13, 2004
Sold by
Pki Whispering Woods Llc
Bought by
Mangar Harjinder Kaur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,200
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2004
Sold by
Mangar Rajinder Singh
Bought by
Mangar Harjinder Kaur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,200
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2004
Sold by
Chrysler Palisades Associates L P
Bought by
Pki Whispering Woods Llc

Purchase Details

Closed on
Jun 10, 2002
Sold by
Chrysler Palisades Assoc Lp
Bought by
Chrysler Palisades Associates Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,585,000
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 6, 2001
Sold by
Prescott Renovation Llc
Bought by
Chrysler Palisades Associates Lp

Purchase Details

Closed on
Jun 7, 2001
Sold by
Kem Sokhom and Kem Vantha
Bought by
Prescott Renovation Llc
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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Purchase History

Date Buyer Sale Price Title Company
Hk Team Llc $425,000 Chicago Title Company
Mangar Harjinder Kaur $519,000 First American Title Co
Mangar Harjinder Kaur -- First American Title Co
Pki Whispering Woods Llc -- First American Title Co
Chrysler Palisades Associates Lp -- First American Title Co
Chrysler Palisades Associates Lp -- Alliance Title Company
Prescott Renovation Llc $481,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mangar Harjinder Kaur $415,200
Previous Owner Chrysler Palisades Associates Lp $11,585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2017 05/23/17 Sold $425,000 0.0% $124 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
03/25/2017 03/25/17 For Sale $425,000 -- $124 / Sq Ft
Source: MLSListings

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 $1,421 $123,305 $29,011 $94,294
2024 $1,371 $120,889 $28,443 $92,446
2023 $1,346 $118,520 $27,886 $90,634
2022 $1,310 $116,197 $27,340 $88,857
2021 $1,238 $113,919 $26,804 $87,115
2020 $1,221 $112,752 $26,530 $86,222
2019 $1,207 $110,542 $26,010 $84,532
2018 $1,192 $108,375 $25,500 $82,875
2017 $877 $80,000 $20,000 $60,000
2016 $871 $80,000 $20,000 $60,000
Source: Public Records

Agents Affiliated with this Home

  • Surjit Kaur-Grewal

    Seller's Agent in 2017

    Surjit Kaur-Grewal

    Intero Real Estate Services

    (650) 946-8100

    27 Total Sales

    Surjit Kaur-Grewal
    Section Image
  • Kirk Lawrence

    Buyer's Agent in 2017

    Kirk Lawrence

    Coldwell Banker Realty

    (650) 644-8589

    9 Total Sales

    Kirk Lawrence
    Section Image
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Map

Source: MLSListings

MLS Number: ML81643920

MLSListings

APN: 005-83-69

California Stanislaus County Modesto 95350

2212 Chrysler Dr Unit 1, Modesto, CA

Not Listed for Sale

MultiFamily

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