NOT LISTED FOR SALE

248 Corson Ave Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $511,000

7 Beds
5 Baths
-- Sq Ft
0.43 Acres

Last Sold July 13, 2012

Last sale price $256,470

Est. 99% increase in value since last sale

Current estimated payment $2,998/month

1,381 Days on Market

Highlights

  • 0.43 Acre Lot
  • Cottage
  • 1-Story Property
  • No HOA

About This Home

As of July 2012

Call agent for details.Four separate homes. Separate homes are 2 bedroom and 1 bedroom units. Property has many long term tenants, well cared for property, in a good location.

Last Agent to Sell the Property

Dennis Lilly

Berkshire Hathaway HomeServices-Drysdale Properties License #00999246 Listed on: 07/09/2008

Berkshire Hathaway HomeServices-Drysdale Properties

Co-Listed By

Zach Lilly

CV and Associates License #01383138

Last Buyer's Agent

Irene Conway

Classic Real Estate & Property Management License #01396487

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.43 Acre Lot

Parking

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

Home Design

  • Quadruplex
  • Cottage

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 112-045-013-000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Oral Lease Type

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1948
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Electric Range
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 299900.00
  • Patio And Porch Features: Other
  • Roof: Composition,Wood

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 2
  • Garage Spaces: 1
  • Parking Features: Garage,Street,1 Space Per Unit

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Available,Internet Available
  • Cooling: Ceiling Fan(s),Central,Window Unit(s)
  • Heating: Central,Natural Gas,Wall Furnace

Condo/Co-op/Association

  • Association Features: Yard Space,See Remarks
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-2
  • Lot Size Acres: 0.4293
  • Lot Dimensions: 106x175
  • Lot Size Sq Ft: 18700

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 4

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: Oral
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 112-045-013-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2021
Sold by
Hawkins Cydney
Bought by
Hawkins Tyler R
Current Estimated Value
$511,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,200
Outstanding Balance
$289,678
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$221,322

Purchase Details

Closed on
May 18, 2015
Sold by
Lyman Mark Edward
Bought by
Hawkins Tyler R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,425
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 9, 2008
Closed on
Jul 11, 2012
Sold by
Billington Barbara K and Otto R Mauerman Irrevocable Fa
Bought by
Lyman Mark Edward
Seller's Agent
Dennis Lilly
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Irene Conway
Classic Real Estate & Property Management
List Price
$473,000
Sold Price
$256,470
Premium/Discount to List
-$216,530
-45.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$251,824
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 1998
Sold by
Mauerman Revocable Trust and Barbara K
Bought by
Billington Barbara K and Otto R Mauerman Irrevocable Fa
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
Hawkins Tyler R -- First American Title
Hawkins Tyler R -- First American Title
Hawkins Tyler R $278,000 North American Title Ins Co
Lyman Mark Edward $256,500 First American Title Company
Billington Barbara K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkins Tyler R $325,200
Closed Hawkins Tyler R $325,200
Previous Owner Hawkins Tyler R $208,425
Previous Owner Lyman Mark Edward $251,824
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2012 07/13/12 Sold $256,470 -45.8% --
04/18/2012 04/18/12 Pending -- -- --
07/07/2008 07/07/08 For Sale $473,000 -- --
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 $3,907 $334,103 $67,299 $266,804
2024 $3,732 $327,553 $65,980 $261,573
2023 $3,677 $321,132 $64,687 $256,445
2022 $3,588 $314,836 $63,419 $251,417
2021 $3,375 $308,664 $62,176 $246,488
2020 $3,441 $305,500 $61,539 $243,961
2019 $3,362 $299,511 $60,333 $239,178
2018 $3,200 $293,639 $59,150 $234,489
2017 $3,124 $287,883 $57,991 $229,892
2016 $3,064 $282,239 $56,854 $225,385
2015 $2,781 $262,811 $51,230 $211,581
2014 $2,737 $257,664 $50,227 $207,437
Source: Public Records

Agents Affiliated with this Home

  • Dennis Lilly

    Seller's Agent in 2012

    Dennis Lilly

    BHHS Drysdale

    (209) 345-2801

    2 in this area

    29 Total Sales

    Dennis Lilly
    Section Image

  • Z

    Seller Co-Listing Agent in 2012

    Zach Lilly

    CV and Associates

    Section Image
  • Irene Conway

    Buyer's Agent in 2012

    Irene Conway

    Classic Real Estate & Property Management

    (209) 521-4800

    6 Total Sales

    Irene Conway
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 80068478

MetroList

APN: 112-45-13

California Stanislaus County Modesto 95350 Central Modesto

248 Corson Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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