NOT LISTED FOR SALE

Estimated Value: $537,000 - $577,677

5 Beds
4 Baths
2,181 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 12, 2015

Last sale price $290,500 $133 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,327/month

10 Days on Market

Highlights

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

About This Home

As of June 2015

TURN KEY & Newly remodeled duplex w/over 2180sf on a 6200sf lot. Duplex features a 3/2 of approx. 1128sf & 2/2 of approx. 1053sf w/monthly rents at the top of the market. Each unit has two car attached garage, laundry hook ups & private side & rear yards. New features: new roof, flooring, int & ext paint, cabinets, vanities, counters, windows, HVAC, etc.. Cap Rate at 6.1% and better yet, Cash on Cash at 7.1 making this a great opportunity to own a maintenance free duplex w/all the upside.

Last Agent to Sell the Property

Jessie Espinosa

Century 21 Select Real Estate License #01710677 Listed on: 04/21/2015

Century 21 Select Real Estate

Last Buyer's Agent

Alex Zachariou

Sun Pacific homes License #01747067

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1976

Lot Details

  • 6,098

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas grounds care sewer trash collection
  • Assessor Parcel Number 065-003-035

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $804
  • Operating Expense $1,944

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,066

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1976
  • Levels: 0
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Oven,Free Standing Electric Range
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 289900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Central
  • Heating: Central
  • Utilities Expenses: 1140

Condo/Co-op/Association

  • Association Features: Varies By Unit,See Remarks
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Grounds Care,Sewer,Trash Collection
  • Total # Leasable: 2

Multi Family

  • Gross Income: 23100
  • Operating Expense: 1944
  • Income Includes: Rent Only
  • Insurance Expense: 804
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 065-003-035
  • Current RE Taxes: 2066

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2015
Closed on
Jun 5, 2015
Sold by
Shino Wuilat
Bought by
Bahribek Leo E
Seller's Agent
Jessie Espinosa
Century 21 Select Real Estate
Buyer's Agent
Alex Zachariou
Sun Pacific homes
List Price
$289,900
Sold Price
$290,500
Premium/Discount to List
$600
0.21%
Current Estimated Value
$552,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,203
Avg. Annual Appreciation
6.58%
Original Mortgage
$206,000
Outstanding Balance
$160,293
Interest Rate
3.64%
Mortgage Type
Commercial
Estimated Equity
$395,933

Purchase Details

Listed on
Apr 21, 2015
Closed on
Jun 3, 2015
Sold by
Looney Shawn M and Looney Candance
Bought by
Bahribek Leo E
Seller's Agent
Jessie Espinosa
Century 21 Select Real Estate
Buyer's Agent
Alex Zachariou
Sun Pacific homes
List Price
$289,900
Sold Price
$290,500
Premium/Discount to List
$600
0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Outstanding Balance
$160,293
Interest Rate
3.64%
Mortgage Type
Commercial
Estimated Equity
$395,933

Purchase Details

Listed on
Apr 21, 2015
Closed on
May 26, 2015
Sold by
Looney Shawn M
Bought by
Looney Shawn M and Looney Candance
Seller's Agent
Jessie Espinosa
Century 21 Select Real Estate
Buyer's Agent
Alex Zachariou
Sun Pacific homes
List Price
$289,900
Sold Price
$290,500
Premium/Discount to List
$600
0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Outstanding Balance
$160,293
Interest Rate
3.64%
Mortgage Type
Commercial
Estimated Equity
$395,933

Purchase Details

Listed on
Apr 2, 2013
Closed on
May 29, 2013
Sold by
Schindler Jeffrey R and Schindler Cynda C
Bought by
Looney Shawn M
Seller's Agent
Reyes Valenzuela
Henry Pereira, Broker
Buyer's Agent
Jessie Espinosa
Century 21 Select Real Estate
List Price
$180,000
Sold Price
$185,000
Premium/Discount to List
$5,000
2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.03%
Original Mortgage
$138,750
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2008
Sold by
Schindler Cynda C
Bought by
Schindler Jeffrey R and Schindler Cynda C

Purchase Details

Closed on
Sep 11, 2008
Sold by
Baron Deborah A
Bought by
Schindler Cynda C

Purchase Details

Closed on
Aug 8, 2005
Sold by
Scism James V V and Scism James V
Bought by
James V Scism Family Pa

Purchase Details

Closed on
Dec 7, 2004
Sold by
James V & Shirley C Scism Living Trust
Bought by
Scism James V V and Scism James V
Source: Public Records

Range of Values:

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Average Value
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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
Bahribek Leo E -- Stewart Title Of Ca Inc
Bahribek Leo E $290,500 Stewart Title Of Ca Inc
Looney Shawn M -- Stewart Title Of Ca Inc
Looney Shawn M $185,000 Old Republic Title Company
Looney Shawn M -- Old Republic Title Company
Schindler Jeffrey R -- None Available
Schindler Cynda C -- None Available
Schindler Cynda C -- None Available
Schindler Cynda C -- None Available
James V Scism Family Pa -- --
Schindler Cynda S -- --
Scism James V -- --
Scism James V V -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bahribek Leo E $206,000
Previous Owner Looney Shawn M $138,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2015 06/12/15 Sold $290,500 +0.2% $133 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $289,900 +56.7% $133 / Sq Ft
06/05/2013 06/05/13 Sold $185,000 +2.8% --
04/24/2013 04/24/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $180,000 -- --
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 $3,788 $342,282 $100,149 $242,133
2023 $3,716 $335,572 $98,186 $237,386
2022 $3,566 $328,993 $96,261 $232,732
2021 $3,504 $322,543 $94,374 $228,169
2020 $3,453 $319,237 $93,407 $225,830
2019 $3,390 $312,978 $91,576 $221,402
2018 $3,323 $306,842 $89,781 $217,061
2017 $3,244 $300,826 $88,021 $212,805
2016 $3,225 $294,929 $86,296 $208,633
2015 $2,074 $189,551 $35,860 $153,691
2014 $2,066 $185,839 $35,158 $150,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15024957

MetroList

APN: 065-03-35