NOT LISTED FOR SALE

Estimated Value: $270,000 - $271,956

2 Beds
1 Bath
770 Sq Ft
$352/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $185,000 $240 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,632/month

43 Days on Market

Highlights

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

About This Home

As of February 2020

2 HOUSES ON ONE LOT! JUST SOUTH OF MAZE BOULEVARD YOU'LL FIND THIS TO BE A GREAT INVESTMENT OPPORTUNITY. FRONT HOUSE IS 2BED/1BATH APPROX. 770 SQFT AND THE BACK HOUSE IS 1BED/1BATH 384 SQFT. ROOF WAS PUT ON AROUND 1996. IF YOU ARE LOOKING FOR A PROPERTY THAT CASH FLOWS... THIS IS IT. PROPERTY IS TENANT OCCUPIED SO 24HR NOTICE IS NEEDED FOR ALL SHOWINGS. C FROM LISTING 19080853

Last Agent to Sell the Property

Josh Letras

Valley Oak Real Estate License #01389254 Listed on: 12/11/2019

Last Buyer's Agent

Joshua Reeve

PMZ Real Estate License #01986852

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,260

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 101-006-046

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,260

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Other
  • Year Built: 1920
  • Architectural Style: Ranch
  • Stories: 1
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range
  • Flooring: Carpet,Laminate
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Lap Siding,Wood
  • Disclosures/Documents: CC&Rs,None
  • Foundation: Raised
  • Listing Price: 199900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street,1 Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970

Rental Info

  • Tenant Pays: Cable TV,Electricity

Multi Family

  • Gross Income: 21960
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 101-006-046
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Feb 5, 2020
Sold by
Waldbauer Kimberly
Bought by
Waldbauer David
Seller's Agent
Josh Letras
Valley Oak Real Estate
Buyer's Agent
Joshua Reeve
PMZ Real Estate
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$270,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,978
Avg. Annual Appreciation
6.47%
Original Mortgage
$55,500
Interest Rate
3.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Waldbauer David -- Chicago Title Company
Waldbauer David $185,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waldbauer David $176,250
Closed Waldbauer David $55,500
Closed Waldbauer David $129,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $185,000 -7.5% $240 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
12/11/2019 12/11/19 For Sale $199,900 +166.9% $260 / Sq Ft
08/02/2013 08/02/13 Sold $74,900 0.0% $65 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $74,900 -- $65 / 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
2024 $2,260 $198,354 $53,609 $144,745
2023 $2,227 $194,465 $52,558 $141,907
2022 $2,173 $190,653 $51,528 $139,125
2021 $2,044 $186,916 $50,518 $136,398
2020 $947 $84,060 $16,810 $67,250
2019 $925 $82,413 $16,481 $65,932
2018 $881 $80,798 $16,158 $64,640
2017 $860 $79,215 $15,842 $63,373
2016 $843 $77,663 $15,532 $62,131
2015 $832 $76,497 $15,299 $61,198
2014 $819 $75,000 $15,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19081398

MetroList

APN: 101-06-46