NOT LISTED FOR SALE

Estimated Value: $538,000 - $572,000

5 Beds
4 Baths
2,182 Sq Ft
$254/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $344,000 $158 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,428/month

42 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of December 2019

Great investment opportunity. This duplex features a 3 bed/2 bath and 2 bed/ 2bath unit. Each unit has a garage, central heat and cooling. Both units are rented with long term tenants in place. 3 bed unit rents for $900 and the 2 bed unit rents for $850.

Last Agent to Sell the Property

Matthew Garabedian

Royal Realty License #01842596 Listed on: 10/12/2019

Last Buyer's Agent

Steven Parks

Beverly and Company, Inc. License #01910904

Beverly and Company, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 6,499

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation

Additional Features

  • 1-Story Property
  • 6,499 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity rent only
  • Assessor Parcel Number 065-003-008-000

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 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1976
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Range,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Tile,Varies by Unit

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 349000.00
  • Roof: Flat,See Remarks

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central
  • Heating: Central
  • Water Source: Meter on Site,Public

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1492
  • Lot Size Sq Ft: 6499

Rental Info

  • Tenant Pays: Cable TV,Electricity,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: 065-003-008-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2019
Closed on
Dec 6, 2019
Sold by
Imperishable Crown Llc
Bought by
Vierra John J and Vierra Eleanor L
Seller's Agent
Matthew Garabedian
Royal Realty
Buyer's Agent
Steven Parks
Beverly and Company, Inc.
List Price
$349,000
Sold Price
$344,000
Premium/Discount to List
-$5,000
-1.43%
Current Estimated Value
$555,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,000
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
Oct 4, 2019
Sold by
Lindeman Frank W
Bought by
Imperishable Crown Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2010
Sold by
Johnson Erik
Bought by
Lindeman Frank W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,874
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2010
Sold by
Aprim Joe
Bought by
Johnson Erik

Purchase Details

Closed on
Nov 22, 2002
Sold by
Aprim Loretta
Bought by
Aprim Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.28%
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
Vierra John J $344,000 First American Title Company
Imperishable Crown Llc $255,000 Fidelity National Title Co
Lindeman Frank W $160,000 First American Title Company
Johnson Erik -- First American Title Company
Johnson Erik $144,450 None Available
Aprim Joe -- North American Title Ins Co
Aprim Joe -- North American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Imperishable Crown Llc $255,000
Previous Owner Lindeman Frank W $157,874
Previous Owner Aprim Joe $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2019 12/13/19 Sold $344,000 -1.4% $158 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
11/12/2019 11/12/19 For Sale $349,000 0.0% $160 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/12/2019 10/12/19 For Sale $349,000 -- $160 / 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 $6,344 $574,112 $249,383 $324,729
2024 $6,230 $562,856 $244,494 $318,362
2023 $6,111 $551,820 $239,700 $312,120
2022 $3,842 $354,513 $128,820 $225,693
2021 $3,775 $347,563 $126,295 $221,268
2020 $3,721 $344,000 $125,000 $219,000
2019 $1,990 $183,754 $40,194 $143,560
2018 $1,951 $180,152 $39,406 $140,746
2017 $1,905 $176,621 $38,634 $137,987
2016 $1,894 $173,159 $37,877 $135,282
2015 $1,866 $170,559 $37,309 $133,250
2014 $1,859 $167,219 $36,579 $130,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19071502

MetroList

APN: 065-03-08