NOT LISTED FOR SALE

Estimated Value: $397,000 - $446,222

4 Beds
3 Baths
1,272 Sq Ft
$331/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $312,000 $245 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,527/month

21 Days on Market

Highlights

  • No HOA
  • Cottage
  • 1-Story Property

About This Home

As of March 2020

Great investment opportunity in Modesto! Front property is 3/2 with updated kitchen. Newer paint through out the house. Huge indoor laundry room that could be a possible additional office/room. Huge low matinence backyard and cement front yard that can be used for additional parking. Back unit is a 1/1 with newer tile through out. Cute size and perfect for 1 person or couple. Alley access to both homes. Additional side yard can be used private or shared. Close to schools and Highway 99.

Last Agent to Sell the Property

Josh Letras

Valley Oak Real Estate License #01389254 Listed on: 01/09/2020

Last Buyer's Agent

Juan Gutierrez

PMZ Real Estate License #01879291

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 7,000

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Cottage
  • Raised Foundation
  • Composition Roof

Additional Features

  • 1-Story Property
  • 7,000 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 101-006-045

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

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1919
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven,Free Standing Electric Range,Varies By Unit
  • Flooring: Carpet,Tile

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Pest Certification Available,Rental/Lease Agmts
  • Foundation: Raised
  • Listing Price: 289900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available,Internet Available
  • Cooling: Ceiling Fan(s),Central,Window Unit(s)
  • Heating: Central,Wall Furnace,Varies by Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MPD
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: 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: 101-006-045
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Feb 24, 2020
Sold by
Hubbard Kevin and Knight Elizabeth
Bought by
Sandoval Felipe and Sandoval Mayra
Seller's Agent
Josh Letras
Valley Oak Real Estate
Buyer's Agent
Juan Gutierrez
PMZ Real Estate
List Price
$289,900
Sold Price
$312,000
Premium/Discount to List
$22,100
7.62%
Current Estimated Value
$421,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,611
Avg. Annual Appreciation
5.24%
Original Mortgage
$301,080
Outstanding Balance
$270,945
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$150,666

Purchase Details

Closed on
Feb 8, 2011
Sold by
Capital One Na
Bought by
Hubbard Kevin and Knight Elizabeth

Purchase Details

Closed on
Jul 7, 2010
Sold by
Brasil Jose N
Bought by
Capital One Na

Purchase Details

Closed on
Jul 13, 2005
Sold by
Debrasil Elizabeth Echeverria
Bought by
Brasil Jose N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2003
Sold by
Brasil Elizabeth
Bought by
Brasil Jose N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2003
Sold by
Hoffman Carl R
Bought by
Brasil Jose N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.17%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sandoval Felipe $312,000 Chicago Title Company
Hubbard Kevin $55,000 Chicago Title Company
Capital One Na $314,259 Accommodation
Brasil Jose N -- North American Title Ins Co
Brasil Jose N -- Chicago Title
Brasil Jose N $180,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandoval Felipe $301,080
Previous Owner Brasil Jose N $270,000
Previous Owner Brasil Jose N $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2020 03/04/20 Sold $312,000 +7.6% $245 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $289,900 0.0% $228 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $289,900 -- $228 / Sq Ft
Source: MetroList

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 $3,990 $341,215 $54,681 $286,534
2024 $3,811 $334,525 $53,609 $280,916
2023 $3,755 $327,966 $52,558 $275,408
2022 $3,664 $321,536 $51,528 $270,008
2021 $3,447 $315,232 $50,518 $264,714
2020 $726 $64,423 $17,568 $46,855
2019 $709 $63,161 $17,224 $45,937
2018 $675 $61,924 $16,887 $45,037
2017 $659 $60,710 $16,556 $44,154
2016 $646 $59,521 $16,232 $43,289
2015 $637 $58,628 $15,989 $42,639
2014 $628 $57,480 $15,676 $41,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20001355

MetroList

APN: 101-06-45