NOT LISTED FOR SALE

2325 Peppermint Dr Modesto, CA 95355

Northeast Modesto Neighborhood

Estimated Value: $606,000

7 Beds
3 Baths
2,440 Sq Ft
$248/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $365,500 $150 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,571/month

7 Days on Market

About This Home

As of August 2017

Great property for someone who wants income streams on their home, multi-family, or investor. 2 units have been remodeled. Long term tenants. 4 - 1 car garage stalls with 2 automatic garage door openers. 3 units with open kitchens, 1 - 3 bedroom and 2 - 2 bedroom units, and each have their own indoor laundry rooms. ***Note: Clear Pest Certificate, 2 year Roof Certification and a Home Warranty are being offered with this property.

Last Agent to Sell the Property

Zach Lilly

CV and Associates License #01383138 Listed on: 07/20/2017

Last Buyer's Agent

Angel Lopez

HomeSmart PV & Associates License #01245749

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 9,753 Sq Ft Lot

Parking

  • 6 Open Parking Spaces
  • 4 Car Garage
  • 1 Parking Space Included

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Electric Range

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 067-027-059

Community Details

Overview

  • No Home Owners Association
  • 3 Units

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

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1971
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Appliances: Free Standing Electric Range
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Full,Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Pest Certification Available,Rental/Lease Agmts,Roof Inspection
  • Listing Price: 354500.00
  • Patio And Porch Features: Enclosed Patio,Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 6
  • Garage Spaces: 4
  • Parking Features: Garage,Open,Street,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector,Video System
  • Utilities: Cable Connected
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Extra Storage,Owner's Unit,Public Trans Nearby,RV/Boat Storage,Yard Space,See Remarks
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R3
  • Lot Size Acres: 0.2239
  • Lot Size Sq Ft: 9753

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 3

Multi Family

  • Income Includes: Parking,Rent Only,Storage
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 067-027-059

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2021
Sold by
Kaur Harwinder
Bought by
Fernandez Carolina
Current Estimated Value
$606,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Outstanding Balance
$1,041,182
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$435,182

Purchase Details

Listed on
Jul 20, 2017
Closed on
Aug 8, 2017
Sold by
Moore Eric
Bought by
Femandez Carolina
Seller's Agent
Zach Lilly
CV and Associates
Buyer's Agent
Angel Lopez
HomeSmart PV & Associates
List Price
$354,500
Sold Price
$365,500
Premium/Discount to List
$11,000
3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$255,850
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 18, 2013
Closed on
Jan 22, 2014
Sold by
Fletcher David Edwin
Bought by
Moore Eric
Seller's Agent
Dennis Lilly
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Zach Lilly
CV and Associates
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%
Original Mortgage
$235,653
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 18, 2013
Closed on
Jan 15, 2014
Sold by
Fletcher Judy
Bought by
Fletcher David Edwin
Seller's Agent
Dennis Lilly
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Zach Lilly
CV and Associates
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2012
Sold by
Fletcher Mary Ann
Bought by
Fletcher Mary Ann and Mary Ann Fletcher 1993 Trust

Purchase Details

Closed on
Sep 3, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fletcher David Edwin and Fletcher Mary Ann

Purchase Details

Closed on
Jun 23, 2009
Sold by
Arriaga Jose Patrida
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 17, 2006
Sold by
Partida Yesenia Cruz
Bought by
Arriaga Jose Partida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2006
Sold by
Arriaga Jose Partida and Partida Yesenia Cruz
Bought by
Arriaga Jose Partida and Cruz Partida Yesenia

Purchase Details

Closed on
Sep 29, 2005
Sold by
Peralta Mary and Fletcher Judy K
Bought by
Arriaga Jose Partida and Partida Yesenia Cruz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
6.62%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fernandez Carolina $1,300,000 First American Title Company
Femandez Carolina $365,500 Fidelity National Title Co
Moore Eric $240,000 First American Title Company
Fletcher David Edwin -- First American Title Company
Fletcher David E -- First American Title Company
Fletcher Mary Ann -- None Available
Fletcher David Edwin $185,000 First American Title Ins Co
Federal Home Loan Mortgage Corporation $130,756 Accommodation
Arriaga Jose Partida -- First American Title Co
Arriaga Jose Partida -- None Available
Arriaga Jose Partida $470,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Carolina $1,150,000
Previous Owner Femandez Carolina $255,850
Previous Owner Moore Eric $235,653
Previous Owner Arriaga Jose Partida $69,000
Previous Owner Arriaga Jose Partida $329,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2017 08/15/17 Sold $365,500 +3.1% $150 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $354,500 +47.7% $145 / Sq Ft
01/24/2014 01/24/14 Sold $240,000 +2.1% $107 / Sq Ft View Prior Sale
11/21/2013 11/21/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $235,000 -- $105 / 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 $4,863 $415,872 $130,848 $285,024
2024 $4,645 $407,719 $128,283 $279,436
2023 $4,577 $399,725 $125,768 $273,957
2022 $4,466 $391,888 $123,302 $268,586
2021 $4,201 $384,205 $120,885 $263,320
2020 $4,283 $380,266 $119,646 $260,620
2019 $4,184 $372,810 $117,300 $255,510
2018 $3,983 $365,500 $115,000 $250,500
2017 $2,751 $253,496 $66,014 $187,482
2016 $2,698 $248,526 $64,720 $183,806
2015 $2,662 $244,794 $63,748 $181,046
2014 $2,127 $194,800 $71,602 $123,198
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2017

    Zach Lilly

    CV and Associates

    Section Image
  • Angel Lopez

    Buyer's Agent in 2017

    Angel Lopez

    HomeSmart PV & Associates

    (209) 312-6093

    8 in this area

    48 Total Sales

    Angel Lopez
    Section Image
  • Dennis Lilly

    Seller's Agent in 2014

    Dennis Lilly

    BHHS Drysdale

    (209) 345-2801

    2 in this area

    29 Total Sales

    Dennis Lilly
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 17043135

MetroList

APN: 067-27-59

California Stanislaus County Modesto 95355 Northeast Modesto

2325 Peppermint Dr, Modesto, CA

Not Listed for Sale

MultiFamily

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