NOT LISTED FOR SALE

2427 Sylvan Ave Modesto, CA 95355

Modesto Area
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2025
Sold by
Bought by

Purchase Details

Closed on
Mar 4, 2020
Sold by
Bought by

Purchase Details

Closed on
Aug 27, 2018
Sold by
Bought by

Purchase Details

Listed on
Jan 11, 2016
Closed on
Mar 2, 2016
Sold by
Bought by
Seller's Agent
Fred Von Eichel
Fred Eichel Real Estate
Buyer's Agent
James Harner
RE/MAX Executive
List Price
$849,000
Sold Price
$827,000
Premium/Discount to List
-$22,000
-2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,750
Interest Rate
7.13%
Mortgage Type
Seller Take Back
Source: Public Records

Purchase 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 Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
-- None Available
-- None Available
$827,000 First American Title Company
-- First American Title Company
$730,000 Fidelity National Title
$562,500 North American Title Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $500,000
Previous Owner $425,000
Previous Owner $185,000
Previous Owner $370,750
Source: Public Records

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

  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 16001729

MetroList
Your Personal Tour Guide

Ask me questions while you tour the home.