NOT LISTED FOR SALE

Estimated Value: $354,000

2 Beds
2 Baths
676 Sq Ft
$524/Sq Ft Est. Value

Last Sold January 18, 2017

Last sale price $205,000 $303 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,080/month

48 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • 1-Story Property

About This Home

As of January 2017

Incredibly charming duplex with two one bedroom, one bath units with indoor laundry areas. Detached 2 car garage being used for storage by the owner. Tenants park in driveway or curbside. Both units have a fireplace however, this landlord has not allowed fires to be burned by the tenants. Built in 1936, each unit has a nice basement for additional storage. Composition roof, some dual pane windows, nice floor plans with small dining area. Low maintenance corner lot, tree lined street.

Last Agent to Sell the Property

Phil Schmidt

HomeSmart PV & Associates License #00496064 Listed on: 09/16/2016

HomeSmart PV & Associates

Co-Listed By

Jeffrey Solomon

PMZ Real Estate License #01969634

Last Buyer's Agent

Mindy Kuhnle

HomeSmart PV and Associates License #01309408

HomeSmart PV and Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 4,972

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • Covered Patio or Porch
  • 4,972 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv rent only
  • Assessor Parcel Number 109-005-018

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 1936

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1936
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Electric Cook Top,Free Standing Gas Oven,Free Standing Gas Range,Gas Cook Top
  • Flooring: Laminate,Wood,Linoleum/Vinyl
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 219950.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Garage Spaces: 1
  • Parking Features: 1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Heating: Natural Gas,Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R4
  • Lot Size Acres: 0.1141
  • Lot Dimensions: 65x76
  • Lot Size Sq Ft: 4972

Rental Info

  • Tenant Pays: Cable TV,Rent Only
  • 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: 109-005-018

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Jan 10, 2017
Sold by
Montez Micheline S and The Don & Micheline Montez Fam
Bought by
Robison Chad
Seller's Agent
Phil Schmidt
HomeSmart PV & Associates
Buyer's Agent
Mindy Kuhnle
HomeSmart PV and Associates
List Price
$219,950
Sold Price
$205,000
Premium/Discount to List
-$14,950
-6.8%
Current Estimated Value
$354,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,000
Avg. Annual Appreciation
6.29%
Original Mortgage
$213,483
Outstanding Balance
$171,396
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$182,604

Purchase Details

Closed on
Aug 11, 2009
Sold by
Montez Donald and Montez Micheline S
Bought by
Montez Donald and Montez Micheline S

Purchase Details

Closed on
Jul 31, 2003
Sold by
Montez Donald and Montez Michelina S
Bought by
Montez Donald and Montez Micheline S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 1997
Sold by
Montez Donald and Montez Micheline S
Bought by
Montez Don and Montez Micheline
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
Robison Chad $205,000 Chicago Title Company
Montez Donald -- None Available
Montez Donald -- Alliance Title Company
Montez Don -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robison Chad $213,483
Previous Owner Montez Donald $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2017 01/18/17 Sold $205,000 -6.8% $303 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $219,950 -- $325 / 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 $2,700 $237,914 $185,692 $52,222
2024 $2,578 $233,250 $182,051 $51,199
2023 $2,538 $228,678 $178,482 $50,196
2022 $2,475 $224,195 $174,983 $49,212
2021 $2,327 $219,800 $171,552 $48,248
2020 $2,371 $217,547 $169,793 $47,754
2019 $2,315 $213,282 $166,464 $46,818
2018 $2,203 $209,100 $163,200 $45,900
2017 $617 $56,892 $14,546 $42,346
2016 $605 $55,777 $14,261 $41,516
2015 $597 $54,940 $14,047 $40,893
2014 $588 $53,864 $13,772 $40,092
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16061166

MetroList

APN: 109-05-18