NOT LISTED FOR SALE

Estimated Value: $518,000 - $648,000

6 Beds
3 Baths
3,200 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 26, 2015

Last sale price $310,000 $97 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,413/month

81 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Patio

About This Home

As of August 2015

Owners inherited this triplex from their mother's Trust. Built in 1972, it's located on the corner of Liberty Ct. and Floyd just East off Coffee Rd. Each unit is a 2BD/1BA, on one unit is a bit larger than the other two. Total square foot of all 3 units is 3206. Central air and heat, one car carport per unit, additional parking because of large concrete driveway. Larger of the 3 units has a nice size yard, other two have small rear patios. All have indoor laundry rooms.

Last Agent to Sell the Property

Phil Schmidt

HomeSmart PV & Associates License #00496064 Listed on: 04/30/2015

HomeSmart PV & Associates

Co-Listed By

Jeffrey Solomon

PMZ Real Estate License #01969634

Last Buyer's Agent

Connie Perry

Professional Realty Associates License #01065518

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,721

Year Built

  • Built in 1972

Lot Details

  • 9,717

Parking

  • 3 Covered Spaces

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Additional Features

  • Patio
  • 9,717 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,300
  • Assessor Parcel Number 066-017-059

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Built by Richard Duponte
  • Coffee Plaza Subdivision

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month
  • Insurance Expense $1,702
  • Operating Expense $12,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,721

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1972
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Coffee Plaza
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Electric Cook Top,Free Standing Electric Oven,Free Standing Electric Range
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Builder Name: Richard Duponte
  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts
  • Listing Price: 350000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 3
  • Covered Parking Spaces: 3
  • Parking Features: Carport,Open,Street

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Connected,Dish Antenna
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R3
  • Lot Size Acres: 0.2231
  • Lot Dimensions: 23x138x57x90x73
  • Lot Size Sq Ft: 9717

Rental Info

  • Tenant Pays: See Remarks
  • Total Deposit: 2300
  • Total # Leasable: 3

Multi Family

  • Operating Expense: 12100
  • Income Includes: Rent Only
  • Insurance Expense: 1702
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 066-017-059
  • Current RE Taxes: 1721

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2018
Sold by
Fontes Jose Silveira
Bought by
Fontes Jose S and Fontes 2017 Trust
Current Estimated Value
$586,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Outstanding Balance
$238,492
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$348,500

Purchase Details

Closed on
Oct 9, 2017
Sold by
Fontes Jose Silveira and De Silveira Alyeda
Bought by
Fontes Jose S and Fontes 2017 Trust

Purchase Details

Listed on
Apr 30, 2015
Closed on
Aug 19, 2015
Sold by
Crawford Louise Ann and Scott Richard Neil
Bought by
Fontes Jose Silveira
Seller's Agent
Phil Schmidt
HomeSmart PV & Associates
Buyer's Agent
Connie Perry
Professional Realty Associates
List Price
$350,000
Sold Price
$310,000
Premium/Discount to List
-$40,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$232,500
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 30, 2015
Closed on
Aug 14, 2015
Sold by
Scott Judy
Bought by
Scott Richard Neil
Seller's Agent
Phil Schmidt
HomeSmart PV & Associates
Buyer's Agent
Connie Perry
Professional Realty Associates
List Price
$350,000
Sold Price
$310,000
Premium/Discount to List
-$40,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2014
Sold by
Scott Jack Lee
Bought by
Scott Jack L and Scott Teresa M

Purchase Details

Closed on
Feb 13, 2008
Sold by
Crawford Louise Ann and The Betty J Scott Trust
Bought by
Crawford Louise Ann and Scott Richard Neil

Purchase Details

Closed on
Oct 14, 2005
Sold by
Scott Betty J
Bought by
Crawford Louise Anne and The Betty J Scott Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Fontes Jose S -- Chicago Title Co
Fontes Jose Silveira -- Chicago Title
Fontes Jose S -- None Available
Fontes Jose Silveira $310,000 Old Republic Title Company
Scott Richard Neil -- Old Republic Title Company
Crawford Louise Ann -- Old Republic Title Company
Scott Jack L -- None Available
Crawford Louise Ann -- None Available
Crawford Louise Anne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fontes Jose Silveira $281,250
Closed Fontes Jose Silveira $232,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2015 08/26/15 Sold $310,000 -11.4% $97 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $350,000 -- $109 / 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 $4,055 $366,967 $55,633 $311,334
2024 $3,982 $359,773 $54,543 $305,230
2023 $3,906 $352,720 $53,474 $299,246
2022 $3,748 $345,805 $52,426 $293,379
2021 $3,683 $339,026 $51,399 $287,627
2020 $3,629 $335,550 $50,872 $284,678
2019 $3,563 $328,972 $49,875 $279,097
2018 $3,493 $322,523 $48,898 $273,625
2017 $3,410 $316,200 $47,940 $268,260
2016 $3,390 $310,000 $47,000 $263,000
2015 $1,277 $116,729 $16,196 $100,533
2014 $1,272 $114,443 $15,879 $98,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15027500

MetroList

APN: 066-17-59