NOT LISTED FOR SALE

3020 Tully Rd Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $453,000 - $733,932

7 Beds
4 Baths
3,028 Sq Ft
$196/Sq Ft Est. Value

Last Sold December 18, 2014

Last sale price $360,000 $119 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,219/month

136 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating
  • 1-Story Property
  • No HOA

About This Home

As of December 2014

Packed with potential. Well maintained Triplex. Excellent opportunity to live in one unit and rent out the other two units. Newer 50 year roof, in excellent location. Newer Commercial Grade coin operated washer and dryer in on site laundry room, great additional income. Each unit comes with rustic brick fireplace. Low maintenance landscaping, instantly appealing.

Last Agent to Sell the Property

Louise Sanders

HomeSmart PV & Associates License #00900925 Listed on: 06/30/2014

HomeSmart PV & Associates

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions: 8712

Parking

  • 3 Car Garage
  • 1 Parking Space Included

Home Design

  • Triplex
  • Contemporary Architecture
  • Composition Roof

Additional Features

  • 1-Story Property
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 055-009-047-000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Bel Air 05 Subdivision

Building Details

  • 1 Vacant Unit
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1970
  • Architectural Style: Contemporary
  • Stories: 1
  • Subdivision: Bel Air 05
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2011

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Oven,Free Standing Refrigerator,Gas Cook Top,Varies By Unit
  • Flooring: Carpet,Laminate,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts,None
  • Listing Price: 360000.00
  • Patio And Porch Features: Varies by Unit,Other
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 3
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage,Open,Street,1-Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer

Condo/Co-op/Association

  • Association Features: Extra Storage,Owner's Unit,Patios/Balcony,Public Trans Nearby,Separate Laundry Facility,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R3
  • Lot Size Acres: 0.2000
  • Lot Dimensions: 8712
  • Lot Size Sq Ft: 8712

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 3

Multi Family

  • Income Includes: Coin Operated Equipment,Laundry
  • Number of Month to Month Units: 2
  • Number of Units: 3
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 055-009-047-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2014
Closed on
Dec 12, 2014
Sold by
Choi Jane
Bought by
Liang Ming Wei
Seller's Agent
Louise Sanders
HomeSmart PV & Associates
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$394,950
Sold Price
$360,000
Premium/Discount to List
-$34,950
-8.85%
Current Estimated Value
$731,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,479
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
Sep 21, 2011
Sold by
Rosales Mario and Rosales Luz
Bought by
Creel Richard L

Purchase Details

Closed on
Dec 14, 2006
Sold by
Rosales Mario
Bought by
Rosales Mario and Rosales Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2006
Sold by
Mcconnell Marilyn A and Lee Revocable Trust
Bought by
Rosales Mario and Rosales Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.08%
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
Liang Ming Wei -- Chicago Title Company
Liang Huai Xing $360,000 Chicago Title Company
Creel Richard L $210,000 Commerce Title Company
Rosales Mario -- Fidelity National Title
Rosales Mario -- Fidelity National Title
Rosales Mario -- Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosales Mario $378,000
Previous Owner Rosales Mario $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2014 12/18/14 Sold $360,000 -8.8% $119 / Sq Ft
11/13/2014 11/13/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $394,950 -- $130 / 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 $4,781 $432,659 $48,070 $384,589
2024 $4,695 $424,177 $47,128 $377,049
2023 $4,606 $415,860 $46,204 $369,656
2022 $4,419 $407,707 $45,299 $362,408
2021 $4,342 $399,713 $44,411 $355,302
2020 $4,279 $395,615 $43,956 $351,659
2019 $4,201 $387,859 $43,095 $344,764
2018 $4,118 $380,254 $42,250 $338,004
2017 $4,020 $372,799 $41,422 $331,377
2016 $3,997 $365,490 $40,610 $324,880
2015 $3,938 $360,000 $40,000 $320,000
2014 $2,392 $215,172 $40,985 $174,187
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Louise Sanders

    HomeSmart PV & Associates

    Section Image

  • N

    Buyer's Agent in 2014

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 14040589

MetroList

APN: 055-09-47

California Stanislaus County Modesto 95350 Central Modesto

3020 Tully Rd, Modesto, CA

Not Listed for Sale

MultiFamily

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