NOT LISTED FOR SALE
6 Beds
4 Baths
3,098 Sq Ft
1.36 Acres

Last Sold December 13, 2019

Last sale price $5,640,000 $1,821 Per Sq Ft

32 Days on Market

Highlights

  • 1.36 Acre Lot
  • No HOA
  • Central Heating and Cooling System

About This Home

As of December 2019

Immaculately maintained 44 unit (34,582 sqft) apartment in the heart of Modesto! Located adjacent to McHenry Village and down the street from medical offices. Significant Cap Ex in past 5 years, including ADA compliant Ramp, new TPO Roofs on buildings and carports, numerous HVAC units, central boiler, full exterior paint, dry rot repair, updated unit interiors, etc.

Last Agent to Sell the Property

Brian Dole

Brian Dole Realty License #01921595 Listed on: 09/12/2019

Co-Listed By

Richard Vande Pol

Vande Pol Realty License #01927041

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 1.36 Acre Lot

Parking

  • Carport

Home Design

  • Flat Roof Shape
  • Raised Foundation

Interior Spaces

  • 2-Story Property
  • Leased Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 031-002-001-000

Community Details

Overview

  • No Home Owners Association
  • 7 Buildings
  • 44 Units

Building Details

  • Operating Expense $225,000
  • Net Operating Income $300,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1963
  • Stories: 2
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range,Free Standing Refrigerator,Gas Water Heater
  • Flooring: Carpet,Laminate,Tile

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Foundation: Raised
  • Listing Price: 6250000.00
  • Roof: Flat

Garage/Parking

  • Parking Features: Carport

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Washer/Dryer Leased
  • Water Source: Meter on Site,Public

Condo/Co-op/Association

  • Association Features: Extra Storage,Manager's Office,Pool,Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: P-D
  • Lot Size Acres: 1.3600
  • Lot Size Sq Ft: 59242

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 43

Multi Family

  • Operating Expense: 225000
  • Income Includes: Laundry,Rent Only
  • Number of Units: 44
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 031-002-001-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2019 12/13/19 Sold $5,640,000 -9.8% $1,821 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $6,250,000 -- $2,017 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 19063713

MetroList