NOT LISTED FOR SALE

Estimated Value: $451,642 - $496,000

4 Beds
2 Baths
-- Sq Ft
7,000 Sq Ft Lot

Last Sold October 25, 2018

Last sale price $290,000

Est. 63% increase in value since last sale

Current estimated payment $2,763/month

1 Day on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Double Pane Windows

About This Home

As of October 2018

Nice investment property in heart of Modesto. 1 unit is leased at $975.00 a piece. One is vacant long term tenants in place and await to stay.

Last Agent to Sell the Property

Hirendra Singh

PMZ Real Estate License #02042365 Listed on: 09/19/2018

PMZ Real Estate

Co-Listed By

Tim Spencer

PMZ Real Estate License #01230934

Last Buyer's Agent

Humberto Moreno

JRP Realty Group License #01373621

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity trash collection water
  • Assessor Parcel Number 033-079-079-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1978
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Gas Cook Top
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Block,Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 290000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,1+ Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Central,Window Unit(s)
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Cable TV,Electricity,Trash Collection,Water
  • Total # Leasable: 1

Multi Family

  • Income Includes: See Remarks
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 033-079-079-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Oct 11, 2018
Sold by
Kumar Davendra and Kumar Suresh Mati
Bought by
Torres Rigoberto and Torres Ana
Seller's Agent
Hirendra Singh
PMZ Real Estate
Buyer's Agent
Humberto Moreno
JRP Realty Group
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$473,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,214
Avg. Annual Appreciation
7.04%
Original Mortgage
$190,000
Outstanding Balance
$166,044
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$307,170

Purchase Details

Closed on
Oct 27, 2006
Sold by
Kumar Davendra and Kumar Suresh Mati
Bought by
Kumar Davendra and Kumar Suresh Mati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2004
Sold by
Vierra John J and Vierra Eleanor L
Bought by
Kumar Davender and Kumar Suresh Mati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,800
Interest Rate
1.62%
Mortgage Type
Commercial
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
Torres Rigoberto $290,000 Chicago Title
Kumar Davendra -- Alliance Title Company
Kumar Davender $258,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Rigoberto $190,000
Previous Owner Kumar Davendra $215,000
Previous Owner Kumar Davender $206,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2018 10/25/18 Sold $290,000 0.0% --
09/20/2018 09/20/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $290,000 -- --
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 $3,497 $323,496 $128,283 $195,213
2024 $3,433 $317,154 $125,768 $191,386
2023 $3,562 $310,936 $123,302 $187,634
2022 $3,363 $304,840 $120,885 $183,955
2021 $3,355 $298,864 $118,515 $180,349
2020 $3,308 $295,800 $117,300 $178,500
2019 $3,247 $290,000 $115,000 $175,000
2018 $2,557 $224,000 $53,500 $170,500
2017 $2,328 $203,500 $48,500 $155,000
2016 $2,128 $185,000 $44,000 $141,000
2015 $1,800 $154,000 $44,000 $110,000
2014 $1,621 $137,500 $44,000 $93,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18065254

MetroList

APN: 033-79-79