NOT LISTED FOR SALE

2905 Penny Ln Unit E Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $196,000 - $286,000

3 Beds
2 Baths
1,271 Sq Ft
$318/mo HOA Fee

Last Sold January 31, 2019

Last sale price $152,500 $120 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,716/month

8 Days on Market

Highlights

  • In Ground Pool
  • Double Pane Windows
  • Central Heating and Cooling System
  • 1 Fireplace
  • Tile Countertops
  • Combination Dining and Living Room

About This Home

As of January 2019

A great home at a great price! This affordable and move in ready unit is waiting for a new family. Tile counter tops, oak cabinetry, indoor laundry area & Cozy fireplace. The Villas at Creekside offer a wonderful family environment, close to shopping and schools. Lovely treed park settings with plenty of room for the kids to romp. Do you love to play golf? Its located within walking distance to Creekside Golf course. Don't miss this great buy!

Last Agent to Sell the Property

Peter Schimmelfennig

All Terrain Realty License #01922963 Listed on: 12/06/2018

Last Buyer's Agent

Susan Baudler

HomeSmart PV & Associates License #01894922

HomeSmart PV & Associates

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • 871

HOA Fees

  • $318 Monthly HOA Fees

Home Design

  • Split Level Home
  • Planned Development
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,271 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Open Parking Spaces
  • 1 Carport Space

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • In Ground Pool
  • North Facing Home

Community Details

  • Association fees include maintenanceexterior sewer trash
  • The Management Alternative Association, Phone Number (209) 544-5721

Listing and Financial Details

  • Assessor Parcel Number 033-093-028-000

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • Property Type: Residential
  • Subtype Description: Planned Unit Develop
  • Property Subtype 1: Condominium
  • Remodeled Updated: Unknown
  • Restrictions: Parking
  • Year Built: 1980
  • Levels: MultiSplit
  • Stories: 2
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Gas Range,Dishwasher,Disposal,Free Standing Refrigerator,Microwave
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet,Laminate,Tile
  • Bathroom Features: Double Sinks,Tub w/Shower Over
  • Bathrooms: 2.00
  • Dining Room Features: Dining/Living Combo
  • Kitchen Features: Tile Counter
  • Room Type: Baths Other
  • Main Level: Full Bath(s)
  • Price Per Square Foot: 119.98
  • Square Footage: 1271
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Property Faces: North
  • Disclosures/Documents: CC&Rs
  • Foundation: Slab
  • Listing Price: 155000.00
  • Lot Features: Low Maintenance,Zero Lot Line
  • Pool Features: Built-In
  • Pool: Yes
  • Road Surface Type: Paved
  • Roof: Composition
  • View Description: Local

Garage/Parking

  • Open Parking Spaces: 6
  • Carport Spaces: 1
  • Parking Features: Guest Parking Available,No Garage
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: See Remarks
  • Utilities: Natural Gas Connected
  • Cooling: Central
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Cabinets,Inside Room
  • Water Source: Meter on Site,Public

Condo/Co-op/Association

  • Association Features: Clubhouse,Exercise Room,Pool
  • Association Fee: 318
  • Association Fee Frequency: Monthly
  • Association Fee Includes: MaintenanceExterior,Sewer,Trash
  • Association Name: The Management Alternative
  • Association Phone: (209) 544-5721
  • Association: Yes

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MFR
  • Irrigation: None
  • Lot Size Acres: 0.0200
  • Lot Size Sq Ft: 871

Tax Info

  • Assessor Parcel Number: 033-093-028-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2022
Sold by
Hoffecker Justin Clark
Bought by
Hoffecker Family Revocable Trust and Hoffecker
Current Estimated Value
$239,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$152,061
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$87,085

Purchase Details

Closed on
Dec 13, 2021
Sold by
Hoffecker and Karoline
Bought by
Hoffecker Family Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$152,061
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$87,085

Purchase Details

Listed on
Dec 6, 2018
Closed on
Jan 22, 2019
Sold by
Resi Reo Sub Llc
Bought by
Hoffecker Justin Clark
Seller's Agent
Peter Schimmelfennig
All Terrain Realty
Buyer's Agent
Susan Baudler
HomeSmart PV & Associates
List Price
$155,000
Sold Price
$152,500
Premium/Discount to List
-$2,500
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$149,737
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 2018
Sold by
Resi Sfr Sub Llc
Bought by
Resi Seo Sub Llc

Purchase Details

Closed on
Jun 27, 2015
Sold by
Christiana Trust
Bought by
Resi Sfr Sub Llc

Purchase Details

Closed on
Nov 7, 2014
Sold by
Wheatley Jennifer
Bought by
Christiana Trust

Purchase Details

Closed on
May 8, 2007
Sold by
Residential Funding Co Llc
Bought by
Wheatley Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2007
Sold by
Option One Mortgage Corp
Bought by
Residential Funding Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2006
Sold by
Yam Bobby
Bought by
Option One Mortgage Corp

Purchase Details

Closed on
Dec 5, 2005
Sold by
The Villas At Creekside Llc
Bought by
Yam Bobby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,960
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Hoffecker Family Revocable Trust -- Chicago Title
Hoffecker Family Revocable Tru $24,898,272 None Listed On Document
Hoffecker Justin -- None Listed On Document
Hoffecker Justin Clark $152,500 Chicago Title
Resi Seo Sub Llc -- Chicago Title
Resi Sfr Sub Llc -- None Available
Christiana Trust $140,000 None Available
Wheatley Jennifer $190,000 Lawyers Title Company
Residential Funding Co Llc $190,000 Lawyers Title Company
Option One Mortgage Corp $196,671 Accommodation
Yam Bobby $230,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffecker Family Revocable Trust $165,000
Previous Owner Hoffecker Justin Clark $149,737
Previous Owner Wheatley Jennifer $190,000
Previous Owner Yam Bobby $183,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $152,500 -1.6% $120 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $155,000 -- $122 / 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 $1,763 $170,112 $33,464 $136,648
2024 $1,730 $166,777 $32,808 $133,969
2023 $1,792 $163,508 $32,165 $131,343
2022 $1,691 $160,303 $31,535 $128,768
2021 $1,685 $157,161 $30,917 $126,244
2020 $1,661 $155,550 $30,600 $124,950
2019 $1,145 $99,752 $26,530 $73,222
2018 $1,127 $97,797 $26,010 $71,787
2017 $1,102 $95,880 $25,500 $70,380
2016 $1,080 $94,000 $25,000 $69,000
2015 $1,081 $94,000 $25,000 $69,000
2014 $824 $70,000 $15,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18080198

MetroList

APN: 033-93-28