NOT LISTED FOR SALE

2225 Peppermint Dr Modesto, CA 95355

Northeast Modesto Neighborhood

Estimated Value: $601,000 - $642,000

6 Beds
3 Baths
2,237 Sq Ft
$280/Sq Ft Est. Value

Last Sold October 10, 2019

Last sale price $480,000 $215 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,870/month

63 Days on Market

Highlights

  • Furnished
  • No HOA
  • 1-Story Property

About This Home

As of October 2019

This prime piece of property is a single story triplex with each unit offering 2 bedrooms and 1 bathroom. A sound investment that features a 3 car garage, 2 car carport, 3 storage units, plus a new concrete driveway. Don't let this amazing opportunity pass you by!

Last Agent to Sell the Property

Aaron West

PMZ Real Estate License #01504116 Listed on: 07/11/2019

PMZ Real Estate

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,820

Year Built

  • Built in 1971

Lot Details

  • 9,500 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Furnished

Utilities

  • Window Unit Cooling System
  • 220 Volts

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 067-027-002

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Units Leased Month-To-Month
  • Insurance Expense $588

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,820

Year Built

Built in 1971

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1971
  • Architectural Style: Ranch
  • Levels: 0
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Range,Disposal,Gas Water Heater
  • Flooring: Carpet,Laminate,Tile

Exterior Features

  • Construction Materials: Stucco,See Remarks
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts
  • Foundation: Slab
  • Listing Price: 490000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 3
  • Parking Features: Carport,Garage

Utilities

  • Sewer: See Remarks
  • Cooling: Window Unit(s)
  • Electric: 220 Volts
  • Heating: Natural Gas,Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Extra Storage,Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MULTI
  • Lot Size Acres: 0.2181
  • Lot Size Sq Ft: 9500

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 588
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: All Units

Tax Info

  • Assessor Parcel Number: 067-027-002
  • Current RE Taxes: 3820
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Banankhah Saeid and Banankhah Sepideh Maftoun
Bought by
Ziba Homes Llc
Current Estimated Value
$625,302

Purchase Details

Closed on
Jun 19, 2021
Sold by
Campbell Martin and Martin Campbell Revocable
Bought by
Banankhah Saeid and Banankhah Sepideh Maftoun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2020
Sold by
Campbell Martin
Bought by
Campbell Martin and Martin Campbell Revocable

Purchase Details

Listed on
Jul 11, 2019
Closed on
Sep 9, 2019
Sold by
Le Win Le and Oo Kyaw
Bought by
Mount Glenn W and Mount Mary F
Seller's Agent
Aaron West
PMZ Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$490,000
Sold Price
$480,000
Premium/Discount to List
-$10,000
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$471,306
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2017
Sold by
Realbond Inc
Bought by
Win Le Le and Oo Kyaw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2014
Sold by
Bondi Joseph A
Bought by
Realbond Inc

Purchase Details

Closed on
Aug 3, 2012
Sold by
Realbond Inc
Bought by
Bondi Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2011
Sold by
Del Real Andrea Marie
Bought by
Del Real Daniel

Purchase Details

Closed on
Nov 10, 2011
Sold by
Valdez Dolores M
Bought by
Del Real Daniel

Purchase Details

Closed on
Dec 17, 2004
Sold by
Newburn Ruie E and Newburn Julie M
Bought by
Valdez Dolores M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,930
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2003
Sold by
Sundance Development Inc
Bought by
Newburn Ruie E and Newburn Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2003
Sold by
Gregory Development Co
Bought by
Sundance Development Inc
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
Ziba Homes Llc -- None Available
Banankhah Saeid $563,000 Placer Title Company
Campbell Martin -- None Available
Mount Glenn W $480,000 Placer Title Company
Win Le Le $345,000 First American Title Company
Realbond Inc -- None Available
Bondi Joseph A $240,000 First American Title Company
Realbond Inc -- First American Title Company
Del Real Daniel -- Fidelity National Title Co
Del Real Daniel $125,000 Fidelity National Title Co
Valdez Dolores M $400,000 Chicago Title
Newburn Ruie E $345,000 Fidelity National Title
Sundance Development Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banankhah Saeid $382,500
Previous Owner Mount Glenn W $471,306
Previous Owner Win Le Le $244,000
Previous Owner Bondi Joseph A $168,000
Previous Owner Valdez Dolores M $279,930
Previous Owner Newburn Ruie E $276,000
Closed Valdez Dolores M $99,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2019 10/10/19 Sold $480,000 -2.0% $215 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
08/25/2019 08/25/19 For Sale $490,000 0.0% $219 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/05/2019 08/05/19 Price Changed $490,000 -2.0% $219 / Sq Ft
07/11/2019 07/11/19 For Sale $500,000 -- $224 / 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 $7,127 $609,407 $162,364 $447,043
2024 $6,807 $597,459 $159,181 $438,278
2023 $6,707 $585,745 $156,060 $429,685
2022 $6,544 $574,260 $153,000 $421,260
2021 $5,302 $484,972 $70,725 $414,247
2020 $5,406 $480,000 $70,000 $410,000
2019 $4,028 $358,938 $119,646 $239,292
2018 $3,835 $351,900 $117,300 $234,600
2017 $3,438 $316,871 $63,373 $253,498
2016 $3,372 $310,659 $62,131 $248,528
2015 $3,327 $305,993 $61,198 $244,795
2014 $2,632 $241,089 $50,227 $190,862
Source: Public Records

Agents Affiliated with this Home

  • Aaron West

    Seller's Agent in 2019

    Aaron West

    PMZ Real Estate

    (209) 484-1651

    58 in this area

    514 Total Sales

    Aaron West
    Section Image

  • N

    Buyer's Agent in 2019

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 19048980

MetroList

APN: 067-27-02

California Stanislaus County Modesto 95355 Northeast Modesto

2225 Peppermint Dr, Modesto, CA

Not Listed for Sale

MultiFamily

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