NOT LISTED FOR SALE

Estimated Value: $573,158 - $614,000

6 Beds
3 Baths
2,220 Sq Ft
$268/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $580,000 $261 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,699/month

12 Days on Market

Highlights

  • Wood Flooring
  • 5 Car Garage
  • 1-Story Property
  • No HOA

About This Home

As of April 2022

Great opportunity for investors! Come by and see this Tri-plex, needs a little TLC but is located in good Modesto neighborhood. Each unit has 2 bedrooms 1 full bath and washer dryer hookups. The property has a total of 5 detached garages, 3 garages used by tenants and 2 to lease out separately if desired. All units are occupied please do not disturb the tenants.

Last Agent to Sell the Property

Miggy Acantilado

Berkshire Hathaway HomeServices-Drysdale Properties License #02101080 Listed on: 03/18/2022

Berkshire Hathaway HomeServices-Drysdale Properties

Last Buyer's Agent

Peter Farsai

California Top Brokers Inc License #02025676

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 9,300

Parking

  • 5 Car Garage
  • On-Street Parking

Home Design

  • Triplex
  • Concrete Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Flooring

  • Wood
  • Vinyl

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Water Heater

Additional Features

  • 1-Story Property
  • 9,300 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, gas, trash collection, water
  • Assessor Parcel Number 067-027-003-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Morningside Estates Subdivision

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Parking

5

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Triplex
  • Stories: 1
  • Year Built: 1971
  • Levels: One
  • Stories: 1
  • Subdivision: Morningside Estates
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Wood
  • Price Per Square Foot: 262.21

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Concrete
  • Listing Price: 580000.00
  • Lot Features: None, Other
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 5.00
  • Parking Features: Detached, Street, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Fire Extinguisher, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Meter on Site, Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Multi family
  • Irrigation: Public District, Meter on Site
  • Lot Size Acres: 0.2135
  • Lot Size Sq Ft: 9300.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Gas, Trash Collection, Water
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Two Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 3
  • Two Bedroom Rent Range: 1,100

Tax Info

  • Assessor Parcel Number: 067-027-003-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Apr 6, 2022
Sold by
Michael Schuett
Bought by
Miller David
Seller's Agent
Miggy Acantilado
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Peter Farsai
California Top Brokers Inc
List Price
$580,000
Sold Price
$580,000
Current Estimated Value
$596,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,053
Avg. Annual Appreciation
0.73%
Original Mortgage
$435,000
Outstanding Balance
$405,393
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$190,660

Purchase Details

Listed on
Sep 28, 2016
Closed on
Dec 29, 2016
Sold by
Hill Top Ventures Llc
Bought by
Schuett Joshua
Seller's Agent
Aaron West
PMZ Real Estate
Buyer's Agent
Marcus Brown
J.Peter Realtors
List Price
$330,000
Sold Price
$325,000
Premium/Discount to List
-$5,000
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%
Original Mortgage
$319,113
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 14, 2014
Closed on
Apr 21, 2014
Sold by
Fletcher Mary Ann and The Mary Ann Fletcher 1993 Tru
Bought by
Hill Top Ventures Llc
Seller's Agent
Dennis Lilly
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Dennis Lilly
Berkshire Hathaway HomeServices-Drysdale Properties
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%
Original Mortgage
$190,000
Interest Rate
4.32%
Mortgage Type
Seller Take Back
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
Miller David $580,000 Fidelity National Title
Schuett Joshua $325,000 Old Republic Title Company
Hill Top Ventures Llc $240,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller David $435,000
Previous Owner Schuett Joshua $319,113
Previous Owner Hill Top Ventures Llc $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2022 04/27/22 Sold $580,000 0.0% $261 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $580,000 0.0% $261 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $580,000 +78.5% $261 / Sq Ft
01/11/2017 01/11/17 Sold $325,000 -1.5% -- View Prior Sale
11/18/2016 11/18/16 Pending -- -- --
09/27/2016 09/27/16 For Sale $330,000 +37.5% --
04/25/2014 04/25/14 Sold $240,000 0.0% $109 / Sq Ft View Prior Sale
03/14/2014 03/14/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $240,000 -- $109 / Sq Ft
Source: MetroList

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 $7,198 $615,499 $228,159 $387,340
2024 $6,875 $603,432 $223,686 $379,746
2023 $4,151 $362,540 $128,283 $234,257
2022 $4,051 $355,432 $125,768 $229,664
2021 $3,810 $348,463 $123,302 $225,161
2020 $3,885 $344,891 $122,038 $222,853
2019 $3,795 $338,130 $119,646 $218,484
2018 $3,613 $331,500 $117,300 $214,200
2017 $2,751 $253,498 $52,811 $200,687
2016 $2,698 $248,528 $51,776 $196,752
2015 $2,662 $244,796 $50,999 $193,797
2014 $1,849 $169,390 $47,427 $121,963
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222033192

MetroList

APN: 067-27-03