NOT LISTED FOR SALE

312 Palm Ave Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $391,000 - $453,000

3 Beds
2 Baths
1,480 Sq Ft
$285/Sq Ft Est. Value

Last Sold July 15, 2015

Last sale price $225,000 $152 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,470/month

7 Days on Market

Highlights

  • Granite Countertops
  • Double Pane Windows
  • Patio
  • No HOA
  • Walk-In Closet
  • Security System Owned

About This Home

As of July 2015

Great property for 1st time buyer. 3/2 with detached 2 car garage and very large lot. Home has been updated with laminate floors, two-tone paint, new garage door. The kitchen has granite counters and updated appliances. The bathrooms have been updated with newer vanities and tile floors. The master bedroom has a walk-in closet and new tiled shower. Dual pane windows and central heat/air finish out this home. There is not much nicer in this price range. Call Today!

Last Agent to Sell the Property

Eric Terrero

PMZ Real Estate License #01359150 Listed on: 05/28/2015

PMZ Real Estate

Co-Listed By

Roberto Covarrubias

PMZ Real Estate License #01925993

Last Buyer's Agent

Heidi Niermeyer

Heidi Niermeyer, Broker License #01890597

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,115

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • Irregular Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Combination Dining and Living Room
  • Security System Owned
  • Granite Countertops
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 112-002-037-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,115

Year Built

Built in 1947 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1947
  • Stories: 1
  • Remodeled/Updated Desc: Bath 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Range
  • Flooring: Carpet,Laminate,Tile
  • Master Bathroom Features: Shower Stall(s),Tile
  • Master Bedroom Features: Walk-In Closet
  • Bathroom Features: Tile,Tub w/Shower Over
  • Bathrooms: 2.00
  • Dining Room Features: Dining/Living Combo
  • Kitchen Features: Granite Counter
  • Room Type: Baths Other,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 152.03
  • Square Footage: 1480
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Foundation: Raised
  • Listing Price: 224990.00
  • Lot Features: Shape Irregular
  • Patio And Porch Features: Uncovered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached,RV Possible
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Security System Owned
  • Sewer: See Remarks
  • Utilities: Natural Gas Connected
  • Cooling: Central
  • Electric: 220 Volts,220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Inside Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.2665
  • Lot Size Sq Ft: 11608

Tax Info

  • Assessor Parcel Number: 112-002-037-000
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2015
Closed on
Jul 10, 2015
Sold by
Fidalgo Albert
Bought by
Solven Chris and Solven Angelita
Seller's Agent
Eric Terrero
PMZ Real Estate
Buyer's Agent
Heidi Niermeyer
Heidi Niermeyer, Broker
List Price
$224,990
Sold Price
$225,000
Premium/Discount to List
$10
0.004%
Current Estimated Value
$422,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,265
Avg. Annual Appreciation
6.31%
Original Mortgage
$168,750
Outstanding Balance
$131,166
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$291,099

Purchase Details

Closed on
Apr 4, 2008
Sold by
Emc Mortgage Corp
Bought by
Fidalgo Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,556
Interest Rate
5.81%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 2007
Sold by
Pennington Wendee R and Pennington Thomas W
Bought by
Emc Mortgage Corp

Purchase Details

Closed on
Jun 20, 2006
Sold by
Gutierrez Sonnie B
Bought by
Pennington Thomas W and Pennington Wendee R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.44%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 8, 2004
Sold by
Gutierrez Juan M
Bought by
Gutierrez Sonnie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 1994
Sold by
Cisneros Henry G
Bought by
Gutierrez Juan M and Gutierrez Sonnie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,828
Interest Rate
7%
Mortgage Type
FHA
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
Solven Chris $225,000 Chicago Title Company
Fidalgo Albert $190,500 Chicago Title Company
Emc Mortgage Corp $174,035 First American Title Co
Pennington Thomas W $340,000 Alliance Title Company
Gutierrez Sonnie B -- Chicago Title
Gutierrez Juan M $79,000 North American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solven Chris $168,750
Previous Owner Fidalgo Albert $187,556
Previous Owner Pennington Thomas W $272,000
Previous Owner Gutierrez Sonnie B $252,000
Previous Owner Gutierrez Juan M $78,828
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2015 07/15/15 Sold $225,000 0.0% $152 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $224,990 -- $152 / 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 $3,115 $266,347 $88,781 $177,566
2024 $2,975 $261,126 $87,041 $174,085
2023 $2,931 $256,007 $85,335 $170,672
2022 $2,860 $250,988 $83,662 $167,326
2021 $2,690 $246,068 $82,022 $164,046
2020 $2,743 $243,545 $81,181 $162,364
2019 $2,680 $238,771 $79,590 $159,181
2018 $2,551 $234,090 $78,030 $156,060
2017 $2,490 $229,500 $76,500 $153,000
2016 $2,443 $225,000 $75,000 $150,000
2015 $2,147 $197,500 $30,000 $167,500
2014 $1,796 $164,500 $25,000 $139,500
Source: Public Records

Agents Affiliated with this Home

  • Eric Terrero

    Seller's Agent in 2015

    Eric Terrero

    PMZ Real Estate

    (209) 765-6900

    5 in this area

    87 Total Sales

    Eric Terrero
    Section Image
  • Roberto Covarrubias

    Seller Co-Listing Agent in 2015

    Roberto Covarrubias

    PMZ Real Estate

    (209) 568-8599

    5 in this area

    78 Total Sales

    Roberto Covarrubias
    Section Image
  • Heidi Niermeyer

    Buyer's Agent in 2015

    Heidi Niermeyer

    Heidi Niermeyer, Broker

    (209) 499-7897

    3 in this area

    17 Total Sales

    Heidi Niermeyer
    Section Image
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Map

Source: MetroList

MLS Number: 15034403

MetroList

APN: 112-02-37

California Stanislaus County Modesto 95350 Central Modesto

312 Palm Ave, Modesto, CA

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