NOT LISTED FOR SALE

2224 Mather Dr Modesto, CA 95350

Estimated Value: $525,000 - $605,287

Studio
2 Baths
2,330 Sq Ft
$243/Sq Ft Est. Value

Sale Details

Date Sold: July 27, 2018

Last sale price $395,000 $170 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,476 / mo

About This Home

As of July 2018

Great investment opportunity to own a very nice duplex. Both units are three bedroom two bathroom. Each unit has a two car garage and has its own private backyard. This unit sits on a corner lot.

Last Agent to Sell the Property

Brandon Diamond

Bailey Properties License #02012205 Listed on: 05/04/2018

Last Buyer's Agent

Patrick Payan

American Residential Realty License #1262532

Property Details

Home Type

  • Multi-Family

Year Built

  • 1988

Lot Details

  • 7,902

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,330 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Additional Features

  • 7,902 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2,330 Sq Ft Building
  • Gross Income $25,800

Listing and Financial Details

  • Total Actual Rent $25,800

Property Details

Home Type

Multi-Family

Year Built

1988

Lot Details

7,902 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2330
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1988

Interior Features

  • Living Sq Ft: 2330
  • Stories: 2
  • Security: Fire Alarm

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Lot Acres: 0.1814
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7900.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7900.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.34

Multi Family

  • Utilities: Natural Gas
  • Income Annual Gross: 25800.00
  • Income Annual Rental: 25800
  • Income Gross Scheduled: 25800
  • Meters: Master Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Maintenance, Services - Sewer
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Jul 5, 2018
Sold by
Bought by
Seller's Agent
Brandon Diamond
Bailey Properties
Buyer's Agent
Patrick Payan
American Residential Realty
List Price
$370,000
Sold Price
$395,000
Premium/Discount to List
$25,000
6.76%
Current Estimated Value
$565,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,144
Avg. Annual Appreciation
4.60%
Original Mortgage
$296,250
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 27, 2018
Sold by
Bought by
Seller's Agent
Brandon Diamond
Bailey Properties
Buyer's Agent
Patrick Payan
American Residential Realty
List Price
$370,000
Sold Price
$395,000
Premium/Discount to List
$25,000
6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
0.066%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
0.0826%
Mortgage Type
Seller Take Back
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
$395,000 First American Title Co
-- Fidelity National Title
$187,500 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $300,000
Closed $296,250
Previous Owner $129,935
Previous Owner $150,000
Previous Owner $122,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $395,000 +6.8% $170 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $370,000 -- $159 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,080 $440,625 $139,437 $301,188
2024 $4,900 $431,986 $136,703 $295,283
2023 $4,811 $423,517 $134,023 $289,494
2022 $4,680 $415,214 $131,396 $283,818
2021 $4,423 $407,073 $128,820 $278,253
2020 $4,365 $402,900 $127,500 $275,400
2019 $4,313 $395,000 $125,000 $270,000
2018 $2,786 $253,264 $47,947 $205,317
2017 $2,721 $248,299 $47,007 $201,292
2016 $2,650 $243,432 $46,086 $197,346
2015 $2,455 $224,000 $62,500 $161,500
2014 $2,212 $200,000 $62,500 $137,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brandon Diamond

    Bailey Properties

    Section Image

  • P

    Buyer's Agent in 2018

    Patrick Payan

    American Residential Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81704003

MLSListings

APN: 054-44-20

California Stanislaus County Modesto 95350

2224 Mather Dr, Modesto, CA

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