NOT LISTED FOR SALE

2532 Encina Ave Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $445,867 - $474,000

4 Beds
2 Baths
1,924 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 03, 2016

Last sale price $239,000 $124 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,692/month

306 Days on Market

Highlights

  • A-Frame Home
  • Central Heating
  • 3-minute walk to Riverside Park
  • No HOA
  • 1-Story Property

About This Home

As of August 2016

Nice looking duplex on a corner lot across from park.Both units have a car garage ,central heat/air & fenced front yards.Recent updates within last 5 years include new carpets,tiles in kitchen & bathroom,hot water tank,interior paint,central heat/air & roof!!!!!!!!

Last Agent to Sell the Property

Vijay Shankar

Shankar Real Estate & Property Management License #01212132 Listed on: 09/11/2015

Last Buyer's Agent

John Keating

PMZ Real Estate License #01862795

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 7,806 Sq Ft Lot
  • Lot Dimensions: 7800

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • A-Frame Home
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Utilities

  • Central Heating

Listing and Financial Details

  • Security Deposit $1,590
  • Tenant pays for rent only
  • Assessor Parcel Number 033-063-085-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1972
  • Architectural Style: A-Frame
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range,Disposal,Free Standing Electric Oven
  • Flooring: Carpet,Tile
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 249000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1792
  • Lot Dimensions: 7800 SF
  • Lot Size Sq Ft: 7806

Rental Info

  • Tenant Pays: Rent Only
  • Total Deposit: 1590
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 033-063-085-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2018
Sold by
Nguyen Hieu Dinh Minh and Nguyen Dinh Hunh
Bought by
Nugyen Hieu Dinh Minh
Current Estimated Value
$463,289

Purchase Details

Listed on
Sep 11, 2015
Closed on
Aug 1, 2016
Sold by
Sablok Satish and Prakash Satish S
Bought by
Nguyen Hieu Dinh Minh
Seller's Agent
Vijay Shankar
Shankar Real Estate & Property Management
Buyer's Agent
John Keating
PMZ Real Estate
List Price
$249,000
Sold Price
$239,000
Premium/Discount to List
-$10,000
-4.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%

Purchase Details

Closed on
Feb 12, 2016
Sold by
Nguyen Hieu Dinh Minh
Bought by
Nguyen Hieu Dinh Minh and Nguyen Dinh Hung

Purchase Details

Closed on
May 7, 2001
Sold by
Prakash Anita
Bought by
Prakash Satish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 2001
Sold by
Torres Chris and Torres Denise
Bought by
Prakash Satish S and Sablock Satich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 1997
Sold by
Hansford Scott and Hansford Lynn
Bought by
Torres Chris and Torres Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,965
Interest Rate
7.58%
Mortgage Type
FHA
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
Nugyen Hieu Dinh Minh -- None Available
Nguyen Hieu Dinh Minh $239,000 North American Title Co Inc
Nguyen Hieu Dinh Minh -- None Available
Prakash Satish -- First American Title Ins Co
Sablok Satish -- First American Title Ins Co
Prakash Satish S $165,000 First American Title Ins Co
Torres Chris -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prakash Satish S $148,500
Previous Owner Torres Chris $102,965
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2016 08/03/16 Sold $239,000 -4.0% $124 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
09/10/2015 09/10/15 For Sale $249,000 -- $129 / 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 $3,244 $277,373 $51,062 $226,311
2024 $3,098 $271,935 $50,061 $221,874
2023 $3,053 $266,604 $49,080 $217,524
2022 $2,979 $261,377 $48,118 $213,259
2021 $2,802 $256,253 $47,175 $209,078
2020 $2,857 $253,627 $46,692 $206,935
2019 $2,791 $248,655 $45,777 $202,878
2018 $2,657 $243,780 $44,880 $198,900
2017 $2,593 $239,000 $44,000 $195,000
2016 $2,008 $185,000 $44,000 $141,000
2015 $1,674 $154,000 $44,000 $110,000
2014 -- $137,500 $44,000 $93,500
Source: Public Records

Agents Affiliated with this Home

  • Vijay Shankar

    Seller's Agent in 2016

    Vijay Shankar

    Shankar Real Estate & Property Management

    (209) 531-3255

    2 in this area

    30 Total Sales

    Vijay Shankar
    Section Image

  • J

    Buyer's Agent in 2016

    John Keating

    PMZ Real Estate

    Section Image
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Map

Source: MetroList

MLS Number: 15060279

MetroList

APN: 033-63-85

California Stanislaus County Modesto 95354 La Loma

2532 Encina Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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