NOT LISTED FOR SALE

3106 Carver Rd Modesto, CA 95350

Estimated Value: $414,000 - $440,000

4 Beds
2 Baths
1,682 Sq Ft
$252/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $395,000 $235 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,615/month

41 Days on Market

About This Home

As of March 2023

Perfect investment property for investors with Savvy!! This property has lots of potential since the current rents are low and they are in a month-to-month. Unit 3106 will be vacant on 2/12/23. This property has the perfect size for the units, each unit has 2 bedrooms, a good-sized living room, a spacious and bright kitchen, and double-pane windows. It is centrally located with easy access to the highway. The property needs some TLC, but it has a lot of potentials.

Last Agent to Sell the Property

Hugo De Hoyos

Intero Real Estate Services License #01153534 Listed on: 01/18/2023

Intero Real Estate Services

Last Buyer's Agent

Leopoldo Ramos

eXp Realty of California Inc. License #02060913

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 5,663

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,682 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Carport Spaces
  • On-Street Parking

Additional Features

  • 5,663 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $26,400

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

0

Listing Details

  • Zoning: R-2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1682
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Living Sq Ft: 1682
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Parking Features: Carport, On Street
  • Carport Min: 2

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5662.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5662.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.96
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 26400.00
  • Income Annual Rental: 26400
  • Income Gross Scheduled: 26400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 15, 2023
Sold by
Ramos Maria Del Carmen
Bought by
Verduzco Manuel
Seller's Agent
Hugo De Hoyos
Intero Real Estate Services
Buyer's Agent
Leopoldo Ramos
eXp Realty of California Inc.
List Price
$395,000
Sold Price
$395,000
Views
388
Current Estimated Value
$424,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,536
Avg. Annual Appreciation
2.59%
Original Mortgage
$316,000
Outstanding Balance
$304,557
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$119,979

Purchase Details

Closed on
Jun 29, 2006
Sold by
Gonzalez Maria Delcarmen
Bought by
Gonzalez Jose J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
6.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 1994
Sold by
Feldhaus Ronald and Feldhaus Carol
Bought by
Gonzalez Jose J and Gonzalez Maria Del Carmen
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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Purchase History

Date Buyer Sale Price Title Company
Verduzco Manuel $395,000 Fidelity National Title
Gonzalez Jose J -- New Century Title Company
Gonzalez Jose J -- North American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verduzco Manuel $316,000
Previous Owner Gonzalez Jose J $276,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2023 03/22/23 Sold $395,000 0.0% $235 / Sq Ft
03/21/2023 03/21/23 Price Changed $395,000 0.0% $235 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $395,000 0.0% $235 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $395,000 -- $235 / Sq Ft
Source: MLSListings

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 $4,738 $410,958 $244,494 $166,464
2024 $4,490 $402,900 $239,700 $163,200
2023 $1,797 $158,204 $48,427 $109,777
2022 $1,748 $155,103 $47,478 $107,625
2021 $1,652 $152,063 $46,548 $105,515
2020 $1,630 $150,505 $46,071 $104,434
2019 $1,611 $147,555 $45,168 $102,387
2018 $1,592 $144,663 $44,283 $100,380
2017 $1,554 $141,827 $43,415 $98,412
2016 $1,514 $139,047 $42,564 $96,483
2015 $1,501 $136,959 $41,925 $95,034
2014 $1,485 $134,277 $41,104 $93,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81916509

MLSListings

APN: 054-06-04