NOT LISTED FOR SALE

2427 Sylvan Ave Modesto, CA 95355

6 Beds
4 Baths
2,830 Sq Ft
1.75 Acre Lot

Sale Details

Date Sold: March 7, 2016

Last sale price $827,000 $292 Per Sq Ft

5 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 1-Story Property
  • James C. Enochs High School Rated A-
  • Laundry Facilities

About This Home

As of March 2016

A duplex, triplex & fourplex.9 units total 100% rented & remodeled over the years on 1.75 acres. The real value is the 1 acre behind the property zoned for residential in the new approved Tivoli Specific Plan north of Sylvan & east of Oakdale Rd. This property can be developed now & has its own access to Sylvan Rd. Highest & best use may be apartments. Sep water meters and utilities. Currently has $5,748 of income. See attached map, arrow points to property. Alley also to Sylvan w/ utilities.

Last Agent to Sell the Property

Fred Von Eichel

Fred Eichel Real Estate License #01108194 Listed on: 01/11/2016

Last Buyer's Agent

James Harner

RE/MAX Executive License #01462904

RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 1.75

Parking

  • 1 Parking Space Included

Home Design

  • Contemporary Architecture
  • Composition Roof

Utilities

  • Wall Furnace
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 1.75 Acre Lot

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 083-004-064-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 9 Units

Additional Features

  • Laundry Facilities
  • 9 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

1.75 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1948
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: None
  • Listing Price: 849000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1+ Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Low to High Density Residential
  • Lot Size Acres: 1.7500
  • Lot Size Sq Ft: 76230

Rental Info

  • Tenant Pays: Electricity
  • Total # Leasable: 9

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Other
  • Number of Leased Units: 9
  • Number of Units: 9
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 083-004-064-000

MLS Schools

  • School District (County): Stanislaus
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/07/2016 03/07/16 Sold $827,000 -2.6% $292 / Sq Ft
01/16/2016 01/16/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $849,000 -- $300 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,818 $978,993 $213,081 $765,912
2024 $10,623 $959,798 $208,903 $750,895
2023 $10,421 $940,979 $204,807 $736,172
2022 $9,999 $922,530 $200,792 $721,738
2021 $9,825 $904,442 $196,855 $707,587
2020 $9,682 $895,169 $194,837 $700,332
2019 $9,505 $877,617 $191,017 $686,600
2018 $9,319 $860,410 $187,272 $673,138
2017 $9,097 $843,540 $183,600 $659,940
2016 $8,093 $740,000 $62,500 $677,500
2015 $6,739 $616,000 $62,500 $553,500
2014 -- $550,000 $62,500 $487,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16001729

MetroList
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