NOT LISTED FOR SALE

226 Severin Ave Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $389,000 - $437,000

3 Beds
1 Bath
1,873 Sq Ft
$220/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $280,000 $149 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,450/month

26 Days on Market

Highlights

  • Granite Countertops
  • Breakfast Area or Nook
  • West Facing Home
  • No HOA
  • Bathtub with Shower
  • 1-Story Property

About This Home

As of September 2019

Charming home in the desired La Lom area. Main home is a 3/1 with updated features. This 3/1 has been use since last December as a AIR BnB with a income over that time of $16,500. If the buyer is interested in keeping this as a AIR BnB the current furnishings and appliances can be negotiated for with your offer on this property. The second home is a one bedroom that was the unattached garage. This was rented for a number of years but is now vacant and partiality remolded. Once the new owner finishes the remodel on the one bedroom apartment, which has it own address of 226 1/2, the rental income should shoot up by another $750 to $850 a month. This is a great opportunity for a family that wants extra income from the second unit or an investor that wants a property that should easily be a positive cash flow. Below is informative sent to the owners from Air BnB

Last Agent to Sell the Property

William Monroe

Professional Realty Associates License #01298346 Listed on: 07/10/2019

Last Buyer's Agent

Christi Bean

At Home Real Estate Group License #01276652

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 8,307 Sq Ft Lot
  • West Facing Home

Parking

  • 2 Open Parking Spaces

Home Design

  • Composition Roof

Interior Spaces

  • 1,873 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 116-003-030-000

Home Details

Home Type

Single Family

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: Yes
  • Year Built: 1948
  • Stories: 1
  • Remodeled/Updated Desc: Kitchen 6-10YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator,Gas Plumbed,Hood Over Range,Microwave
  • Flooring: Tile,Wood
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 1.00
  • Dining Room Features: Breakfast Nook
  • Kitchen Features: Granite Counter
  • Room Type: Baths Other,Converted Garage
  • Price Per Square Foot: 149.49
  • Square Footage: 1873

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Property Faces: West
  • Disclosures/Documents: CC&Rs
  • Fencing: Chain Link,Back Yard,Front Yard,Wood
  • Foundation: Raised,Slab
  • Horse Property: No
  • Listing Price: 305000.00
  • Lot Features: Curb(s),Landscape Front
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Features: Converted Garage,No Garage,Uncovered Parking Spaces 2+

Utilities

  • Sewer: In & Connected
  • Utilities: All Public,Natural Gas Connected
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Electric: 220 Volts,220 Volts in Kitchen
  • Heating: Wall Furnace
  • Laundry Features: Inside Area
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Sfr
  • Irrigation: Public District
  • Lot Size Acres: 0.1907
  • Lot Size Sq Ft: 8307

Tax Info

  • Assessor Parcel Number: 116-003-030-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Aug 27, 2019
Sold by
Young Allison M
Bought by
Castaneda Hector
Seller's Agent
William Monroe
Professional Realty Associates
Buyer's Agent
Christi Bean
At Home Real Estate Group
List Price
$305,000
Sold Price
$280,000
Premium/Discount to List
-$25,000
-8.2%
Current Estimated Value
$412,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,045
Avg. Annual Appreciation
6.32%
Original Mortgage
$210,000
Outstanding Balance
$183,921
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$228,124

Purchase Details

Listed on
May 13, 2016
Closed on
Jun 23, 2016
Sold by
Young Zachary J
Bought by
Young Allison M
Seller's Agent
Thomas Fernandes
John Meyer Realty
Buyer's Agent
Bradley Smith
RCI Properties
List Price
$220,000
Sold Price
$215,000
Premium/Discount to List
-$5,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$172,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2013
Closed on
Jun 10, 2013
Sold by
Yuen Joann M and The Joann M Yuen 2005 Trust
Bought by
Gutierrez Antonio and Gutierrez Holly
Seller's Agent
Debra Clover
Stanislaus Property Management Inc.
Buyer's Agent
Thomas Fernandes
John Meyer Realty
List Price
$129,900
Sold Price
$150,500
Premium/Discount to List
$20,600
15.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.49%
Original Mortgage
$147,773
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2008
Sold by
Yuen Jo Ann M
Bought by
Yuen Joann M and Joann M Yuen 2005 Trust
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
Castaneda Hector $280,000 Old Republic Title Company
Young Allison M -- Chicago Title Company
Young Allison M $215,000 Chicago Title Company
Gutierrez Antonio $150,500 First American Title Company
Yuen Joann M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castaneda Hector $210,000
Previous Owner Young Allison M $172,000
Previous Owner Gutierrez Antonio $147,773
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2019 09/16/19 Sold $280,000 -8.2% $149 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $305,000 +41.9% $163 / Sq Ft
06/29/2016 06/29/16 Sold $215,000 -2.3% $169 / Sq Ft View Prior Sale
05/23/2016 05/23/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $220,000 +46.2% $173 / Sq Ft
06/20/2013 06/20/13 Sold $150,500 +15.9% $118 / Sq Ft View Prior Sale
05/13/2013 05/13/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $129,900 -- $102 / 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 $3,581 $306,218 $153,109 $153,109
2024 $3,421 $300,214 $150,107 $150,107
2023 $3,370 $294,328 $147,164 $147,164
2022 $3,288 $288,558 $144,279 $144,279
2021 $3,093 $282,900 $141,450 $141,450
2020 $3,154 $280,000 $140,000 $140,000
2019 $2,482 $228,158 $127,344 $100,814
2018 $2,361 $223,686 $124,848 $98,838
2017 $2,304 $219,300 $122,400 $96,900
2016 $1,623 $156,551 $26,004 $130,547
2015 $1,600 $154,201 $25,614 $128,587
2014 -- $151,182 $25,113 $126,069
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2019

    William Monroe

    Professional Realty Associates

    Section Image
  • Christi Bean

    Buyer's Agent in 2019

    Christi Bean

    At Home Real Estate Group

    (209) 830-8832

    56 Total Sales

    Christi Bean
    Section Image

  • T

    Seller's Agent in 2016

    Thomas Fernandes

    John Meyer Realty

    Section Image

  • B

    Buyer's Agent in 2016

    Bradley Smith

    RCI Properties

  • B

    Buyer's Agent in 2016

    Brad Smith

    RCI Properties

    Section Image
  • Debra Clover

    Seller's Agent in 2013

    Debra Clover

    Stanislaus Property Management Inc.

    (209) 613-3410

    2 in this area

    6 Total Sales

    Debra Clover
    Section Image
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Map

Source: MetroList

MLS Number: 19048570

MetroList

APN: 116-03-30

California Stanislaus County Modesto 95354 La Loma

226 Severin Ave, Modesto, CA

Not Listed for Sale

Detached

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