NOT LISTED FOR SALE

Estimated Value: $476,643 - $510,000

2 Beds
1 Bath
1,487 Sq Ft
$330/Sq Ft Est. Value

Last Sold September 26, 2024

Last sale price $485,000 $326 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,045/month

58 Days on Market

Highlights

  • Guest House
  • City View
  • Engineered Wood Flooring
  • Custom Home
  • Built-In Refrigerator
  • Window or Skylight in Bathroom

About This Home

As of September 2024

Welcome to your next investment opportunity or multigenerational living dream at this meticulously maintained property! This expansive lot features three distinct units, perfectly situated for both privacy and community. The main home, a beautiful 2-bed, 1-bath charmer, has undergone a complete remodel, boasting new wiring, plumbing, roof, central HVAC, whole house fan, and dual-pane windows with shutters. Complemented by a newly remodeled kitchen featuring quartz countertops, glass-faced white washed birch cabinets, and high-end appliances, including...a built-in GE Monogram Refrigerator, Thermador gas range, and a clay farmhouse sink. The bathroom offer luxurious granite countertops, stone tile, and custom sink. The second unit, also 2 beds and 1 bath, offers a private entrance, separate gas and electric meters, and a private yard, ideal for extended family or rental income. Additionally, a separate studio unit with laminate hardwood floors, laundry hookups, ample storage, and a new A/C unit provides flexibility and privacy for guests, tenants, or a home office. Whether you're looking to generate passive income from multiple units or seeking a harmonious multigenerational living arrangement, this property exceeds expectations. Don't miss out on this rare opportunity!

Last Agent to Sell the Property

Heather Bagley

eXp Realty of California Inc. License #02090630 Listed on: 07/08/2024

eXp Realty of California Inc.

Last Buyer's Agent

Orlando Bustos

Bustos Real Estate License #01371898

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 5,062 Sq Ft Lot
  • Wood Fence
  • Fenced For Horses
  • Landscaped
  • Front Yard Sprinklers

Home Design

  • Custom Home
  • Studio
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,487 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Living Room
  • Formal Dining Room
  • City Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Studio bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • No Garage
  • Converted Garage
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Exposure or Shade
  • Energy-Efficient Insulation

Outdoor Features

  • Covered Patio or Porch
  • Covered Courtyard
  • Outdoor Storage

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Water Filtration System
  • Water Heater

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 111-004-013-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1928 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Custom, Studio
  • Property Subtype 1: 3+ Houses on Lot
  • Remodeled Updated: Yes
  • Year Built: 1928
  • Levels: One
  • Remodeled/Updated Desc: Bath 0-5YR, Kitchen 0-5YR, Other-Rmks 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Built-In Gas Oven, Built-In Gas Range, Built-In Refrigerator, Ice Maker, Dishwasher, Disposal
  • Other Equipment: Water Filter System
  • Flooring: Simulated Wood, Stone, Wood
  • Master Bathroom Features: Granite
  • Master Bedroom Features: Walk-In Closet
  • Total Bathrooms: 1
  • Bathroom Features: Granite, Jack & Jill, Tub w/Shower Over, Window
  • Basement: Full
  • Dining Room Features: Formal Area
  • Kitchen Features: Pantry Cabinet, Quartz Counter
  • Living Room Features: Other
  • Room Type: Converted Garage, Dining Room, Studio, In Law Apartment, Kitchen, Laundry
  • Main Level: Bedroom(s), Living Room, Dining Room, Master Bedroom, Full Bath(s), Kitchen, Street Entrance
  • Price Per Square Foot: 326.16
  • Square Footage: 1487.00
  • Window Features: Dual Pane Full, Window Coverings, Window Screens

Exterior Features

  • Other Structures: Storage, Guest House
  • Construction Materials: Wood Siding
  • Disclosures/Documents: Rental/Lease Agreement, Seller Property Questionnaire, Environmental Hazards Report, Transfer Disclosure Statement
  • Exterior Features: Covered Courtyard
  • Fencing: Fenced, Wood
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 500000.00
  • Lot Features: Auto Sprinkler Front, Landscape Front
  • New Construction: No
  • Patio And Porch Features: Front Porch, Covered Patio, Uncovered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Composition
  • Spa: No
  • Topography: Level,Level
  • View Description: City, Other
  • Second Unit Kitchen: Yes

Garage/Parking

  • Open Parking Spaces: 2.00
  • Parking Features: No Garage
  • Driveway/Sidewalks: Paved Sidewalk, Sidewalk/Curb/Gutter, Paved Driveway

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Security System Owned, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Electric, Natural Gas Connected
  • Cooling: Central
  • Electric: 220 Volts, 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Electric, Inside Area
  • 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: Residential
  • Irrigation: Public District
  • Lot Size Acres: 0.1162
  • Lot Size Sq Ft: 5062.00
  • ResoLotSizeUnits: Acres

Green Features

  • Energy Efficient: Insulation, Exposure/Shade

Rental Info

  • Current Rent: 950
  • Lease Type: Net

Multi Family

  • Unit 2 Partial Bathrooms: 1
  • Unit 2 Description: Gas/Electricity/Garbage
  • Unit 2 Occupied: No
  • Unit 2 Type: Detached

Tax Info

  • Assessor Parcel Number: 111-004-013-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Sep 24, 2024
Sold by
Michener Christopher James and Michener Jean Ann
Bought by
Bustos Orlando and Bustos Esmeralda
Seller's Agent
Heather Bagley
eXp Realty of California Inc.
Buyer's Agent
Orlando Bustos
Bustos Real Estate
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%
Views
153
Current Estimated Value
$490,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,911
Avg. Annual Appreciation
0.97%
Original Mortgage
$266,750
Outstanding Balance
$263,763
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$227,148

Purchase Details

Listed on
Jul 8, 2024
Closed on
Aug 5, 2024
Sold by
Hamilton Rosemary J
Bought by
Loeser Family Living Trust and Loeser
Seller's Agent
Heather Bagley
eXp Realty of California Inc.
Buyer's Agent
Orlando Bustos
Bustos Real Estate
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%
Views
153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,750
Outstanding Balance
$263,763
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$227,148

Purchase Details

Closed on
Sep 16, 2020
Sold by
Michener Christopher and Michener Jean
Bought by
Michener Christopher James and Michener Jean Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2017
Closed on
Dec 7, 2017
Sold by
Jensen Kirk
Bought by
Michener Christopher and Michener Jean
Seller's Agent
misty watson
Powerhouse Realty
Buyer's Agent
Josephine Thompson
EXIT Realty Consultants
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$168,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2016
Sold by
Jensen Kirk and Jensen Leslie
Bought by
Jensen Kirk

Purchase Details

Closed on
Dec 23, 2009
Sold by
Lankford Jim and Mcdade Jon V
Bought by
Jensen Kirk and Jensen Leslie

Purchase Details

Closed on
Dec 8, 2009
Sold by
Lankford Jim
Bought by
Lankford Jim and Mcdade Jon V

Purchase Details

Closed on
May 12, 2004
Sold by
Mcdade Jon V
Bought by
Mcdade Jon V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2002
Sold by
Mcdade Jon V
Bought by
Lankford Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.78%

Purchase Details

Closed on
Jul 1, 2002
Sold by
Lankford Jim
Bought by
Mcdade Jon V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.78%
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
Bustos Orlando $485,000 Old Republic Title
Loeser Family Living Trust $346,000 Old Republic Title
Michener Christopher James -- Old Republic Title Company
Michener Christopher $225,000 North American Title Co
Jensen Kirk -- None Available
Jensen Kirk $97,500 Chicago Title Company
Lankford Jim -- Chicago Title Company
Mcdade Jon V -- Fidelity National Title Co
Lankford Jim -- --
Mcdade Jon V $180,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bustos Orlando $266,750
Previous Owner Michener Christopher James $260,000
Previous Owner Michener Christopher $168,750
Previous Owner Mcdade Jon V $181,500
Previous Owner Mcdade Jon V $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2024 09/26/24 Sold $485,000 -3.0% $326 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
08/09/2024 08/09/24 Price Changed $500,000 0.0% $336 / Sq Ft
08/09/2024 08/09/24 For Sale $500,000 -5.7% $336 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $530,000 0.0% $356 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $530,000 +135.6% $356 / Sq Ft
12/21/2017 12/21/17 Sold $225,000 -4.3% $151 / Sq Ft View Prior Sale
10/12/2017 10/12/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $235,000 -- $158 / 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 $5,672 $485,000 $245,000 $240,000
2024 $2,860 $250,988 $145,016 $105,972
2023 $2,818 $246,068 $142,173 $103,895
2022 $2,749 $241,244 $139,386 $101,858
2021 $2,586 $236,514 $136,653 $99,861
2020 $2,637 $234,090 $135,252 $98,838
2019 $2,576 $229,500 $132,600 $96,900
2018 $2,452 $225,000 $130,000 $95,000
2017 $1,177 $108,434 $27,801 $80,633
2016 $1,154 $106,308 $27,256 $79,052
2015 $1,138 $104,712 $26,847 $77,865
2014 -- $102,662 $26,322 $76,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224074072

MetroList

APN: 111-04-13