NOT LISTED FOR SALE

231 E Fairmont Ave Modesto, CA 95354

Central Modesto Neighborhood

Estimated Value: $356,554 - $485,000

4 Beds
2 Baths
1,930 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 27, 2014

Last sale price $170,000 $88 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $2,397/month

24 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA
  • 2 Car Garage

About This Home

As of August 2014

24 hour notice please. Large clean units with central heat/air and good storage. Garage parking and washer/dryer hookups in garage. Small rear yard. Roof only a few years old. One side has a two car garage other side has a one car garage. One tenant has been in over 10 years, both tenants want to stay. Great start in real estate investment.

Last Agent to Sell the Property

Fred Miller

RE/MAX Executive License #00554113 Listed on: 06/02/2014

RE/MAX Executive

Last Buyer's Agent

John Vazira

Regency Real Estate License #00713730

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 6,098

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Additional Features

  • 1-Story Property
  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 112-045-060-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month
  • Oral Lease Type

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1978
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Disposal,Electric Cook Top
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 189000.00
  • Patio And Porch Features: See Remarks
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 3
  • Covered Parking Spaces: 3
  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Smoke Detector,See Remarks
  • Utilities: Cable Available,Dish Antenna
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-2
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 112-045-060-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Chiu Kuo Fan and Chiu Mei Chu
Bought by
Chiu Kuo Fan and Chiu Mei Chu
Current Estimated Value
$420,777

Purchase Details

Listed on
Jun 2, 2014
Closed on
Aug 15, 2014
Sold by
Stockand Richard M and Stockard Carol A
Bought by
Chu Chiu Kuo Fan and Chu Chiu Mei
Seller's Agent
Fred Miller
RE/MAX Executive
Buyer's Agent
John Vazira
Regency Real Estate
List Price
$189,000
Sold Price
$170,000
Premium/Discount to List
-$19,000
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%

Purchase Details

Closed on
May 23, 2006
Sold by
Stockand Carol Ann Jessen
Bought by
Stockand Richard M and Stockand Carol A

Purchase Details

Closed on
Jul 25, 2002
Sold by
Stockand Carol Jessen
Bought by
Stockand Richard and Stockand Carol Jessen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 1998
Sold by
Jessen Carol Ann and Jessen Carol M
Bought by
Stockand Carol Jessen
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
Chiu Kuo Fan -- None Available
Chu Chiu Kuo Fan $170,000 First American Title Company
Stockand Richard M -- None Available
Stockand Richard -- Fidelity National Title Co
Stockand Carol Jessen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stockand Richard $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2014 08/27/14 Sold $170,000 -10.1% $88 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $189,000 -- $98 / 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 $2,389 $204,305 $30,042 $174,263
2024 $2,282 $200,300 $29,453 $170,847
2023 $2,249 $196,374 $28,876 $167,498
2022 $2,194 $192,524 $28,310 $164,214
2021 $2,064 $188,750 $27,755 $160,995
2020 $2,104 $186,816 $27,471 $159,345
2019 $2,056 $183,154 $26,933 $156,221
2018 $1,957 $179,563 $26,405 $153,158
2017 $1,910 $176,043 $25,888 $150,155
2016 $1,874 $172,592 $25,381 $147,211
2015 $1,848 $170,000 $25,000 $145,000
2014 $1,594 $145,979 $42,152 $103,827
Source: Public Records

Agents Affiliated with this Home

  • Fred Miller

    Seller's Agent in 2014

    Fred Miller

    RE/MAX

    (209) 606-9752

    6 in this area

    53 Total Sales

    Fred Miller
    Section Image

  • J

    Buyer's Agent in 2014

    John Vazira

    Regency Real Estate

See All Agents

Map

Source: MetroList

MLS Number: 14033793

MetroList

APN: 112-45-60

California Stanislaus County Modesto 95350 Central Modesto

231 E Fairmont Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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