NOT LISTED FOR SALE

236 Floyd Ave Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $601,757 - $656,000

7 Beds
4 Baths
3,224 Sq Ft
$195/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $610,000 $189 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,858/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System
  • 2 Car Garage

About This Home

As of May 2024

Welcome to this prime investment opportunity in Modesto! This multi-unit property boasts two currently rented units, making it an ideal source of passive income. Unit C, with its two bedrooms and one bathroom, presents an enticing prospect for a growing family seeking a new home. Upon entry, you'll be captivated by the spacious living area, offering ample room for relaxation and entertainment. The kitchen is a highlight, featuring generous storage options with built-in cupboards, a stunning granite countertop, and sleek stainless steel appliances, making meal preparation a joy. Additionally, the property comes equipped with four convenient car ports, ensuring hassle-free parking for residents and guests alike. Whether you're looking to expand your investment portfolio or seeking a comfortable home for your family, this property in Modesto offers an excellent opportunity not to be missed.

Last Agent to Sell the Property

Sung Park

PMZ Real Estate License #01995394 Listed on: 03/27/2024

PMZ Real Estate

Co-Listed By

Aaron West

PMZ Real Estate License #01504116

Last Buyer's Agent

Dyana Ramirez

PMZ Real Estate License #02218205

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 10,080 Sq Ft Lot

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Triplex
  • Traditional Architecture
  • Slab Foundation
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,224 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Wall Furnace
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 120-001-005-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 1 Vacant Unit
  • 2 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1947 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Triplex
  • Year Built: 1947
  • Architectural Style: Traditional
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Price Per Square Foot: 189.21
  • Square Footage: 3224.00

Exterior Features

  • Construction Materials: Block, Wood, Wood Siding
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 525000.00
  • Lot Features: Other
  • New Construction: No
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Spa: No

Garage/Parking

  • Covered Parking Spaces: 4.00
  • Garage Spaces: 2.00
  • Parking Features: Carport, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: Cable Available, Internet Available
  • Cooling: Ceiling Fan(s), Central, Window Unit(s)
  • Heating: Central, Wall Furnace
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MLT FAM DWLG
  • Irrigation: None
  • Lot Size Acres: 0.2314
  • Lot Size Sq Ft: 10080.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 3
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 120-001-005-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2024
Sold by
Verduzco Manuel
Bought by
Verduzco Manuel and Verduzco Miguel Alvarado
Current Estimated Value
$628,879

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 3, 2024
Sold by
Raul D Longoria 2009 Revocable Trust and Longoria Gary T
Bought by
Verduzco Manuel
Seller's Agent
Sung Park
PMZ Real Estate
Buyer's Agent
Dyana Ramirez
PMZ Real Estate
List Price
$525,000
Sold Price
$610,000
Premium/Discount to List
$85,000
16.19%
Views
226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.92%
Original Mortgage
$457,500
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2009
Sold by
Longoria Raul D
Bought by
Longoria Raul D and Raul D Longoria 2009 Revocable

Purchase Details

Closed on
Jul 6, 2009
Sold by
Longoria Raul D
Bought by
Longoria Raul D and Raul D Longoria Revocable Trus
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
Verduzco Manuel -- None Listed On Document
Verduzco Manuel $610,000 Homelight Title
Longoria Raul D -- None Available
Longoria Raul D -- None Available
Longoria Raul D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verduzco Manuel $457,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $610,000 +16.2% $189 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $525,000 -- $163 / 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 $6,875 $622,200 $239,700 $382,500
2024 $2,478 $223,924 $57,408 $166,516
2023 $2,431 $219,534 $56,283 $163,251
2022 $2,333 $215,230 $55,180 $160,050
2021 $2,292 $211,011 $54,099 $156,912
2020 $2,259 $208,849 $53,545 $155,304
2019 $2,218 $204,755 $52,496 $152,259
2018 $2,174 $200,741 $51,467 $149,274
2017 $2,122 $196,806 $50,458 $146,348
2016 $2,110 $192,948 $49,469 $143,479
2015 $2,079 $190,050 $48,726 $141,324
2014 $2,072 $186,328 $47,772 $138,556
Source: Public Records

Agents Affiliated with this Home

  • Sung Park

    Seller's Agent in 2024

    Sung Park

    PMZ Real Estate

    (818) 219-5318

    16 in this area

    121 Total Sales

    Sung Park
    Section Image
  • Aaron West

    Seller Co-Listing Agent in 2024

    Aaron West

    PMZ Real Estate

    (209) 484-1651

    50 in this area

    514 Total Sales

    Aaron West
    Section Image

  • D

    Buyer's Agent in 2024

    Dyana Ramirez

    PMZ Real Estate

    (209) 527-2010

    1 in this area

    8 Total Sales

    Dyana Ramirez
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 224029728

MetroList

APN: 120-01-05

California Stanislaus County Modesto 95350 Central Modesto

236 Floyd Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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