NOT LISTED FOR SALE
1 Bed
1 Bath
462 Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: June 13, 2022

Last sale price $1,435,000 $3,106 Per Sq Ft

9 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Mini Split Air Conditioners
  • Enslen Elementary School Rated 9+
  • Coin Laundry
  • Carpet

About This Home

As of June 2022

Colliers is pleased to present the Campus Corridor Apartments, an investment opportunity located at 313 Campus Way, Modesto. This is a remodeled 8-unit multifamily property in a prime location. Campus Corridor is comprised of (2) two-bedroom units,(4) one-bedroom units, and (2) studio units. The property is located near Downtown Modesto and in the desirable college neighborhood. Investors will see the opportunity to continue with rent increases while owning a highly sought after asset in this supply-restricted Modesto multifamily market.

Last Agent to Sell the Property

Andy Hodgson

Colliers Parrish Inten'l Inc. License #01796017 Listed on: 03/30/2022

Last Buyer's Agent

Kamal Bir Singh

HomeSmart PV and Associates License #02074056

HomeSmart PV and Associates
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Off-Site Parking

Utilities

  • Mini Split Air Conditioners
  • Window Unit Cooling System
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 109-014-005

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Coin Laundry

Building Details

  • 8 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1954
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate
  • Price Per Square Foot: 356.61

Exterior Features

  • Construction Materials: Stucco, Frame
  • Foundation: Slab
  • Listing Price: 1456000.00
  • Lot Features: Corner

Garage/Parking

  • Parking Features: Offsite, Uncovered
  • Total Parking Spaces: 6.00

Utilities

  • Security: None
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, City, Electric
  • Cooling: Window Unit(s), Individual
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: BUYER TO VERIFY
  • Irrigation: See Remarks
  • Lot Size Acres: 0.2400
  • Lot Size Sq Ft: 10454.00

Rental Info

  • Total # Leasable: 8

Multi Family

  • Income Includes: Rent Only,Laundry,Storage
  • Number of Leased Units: 8
  • Number of Month to Month Units: 4
  • Number of Units: 8

Tax Info

  • Assessor Parcel Number: 109-014-005
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 31, 2022
Sold by
Bought by
Seller's Agent
Andy Hodgson
Colliers Parrish Inten'l Inc.
Buyer's Agent
Kamal Bir Singh
HomeSmart PV and Associates
List Price
$1,456,000
Sold Price
$1,435,000
Premium/Discount to List
-$21,000
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Outstanding Balance
$23,397
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 17, 2016
Closed on
Aug 10, 2016
Sold by
Bought by
Seller's Agent
John Hertle
EXIT Realty Consultants
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$949,000
Sold Price
$925,000
Premium/Discount to List
-$24,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
3.48%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 26, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.77%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,435,500 New Title Company Name
-- --
$950,000 North American Title Co Inc
$925,000 Stewart Title Of Ca Inc
-- None Available
$325,000 North American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $25,000
Previous Owner $2,100,000
Previous Owner $575,000
Previous Owner $146,685
Previous Owner $170,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2022 06/13/22 Sold $1,435,000 -1.4% $3,106 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $1,456,000 +57.4% $3,152 / Sq Ft
08/16/2016 08/16/16 Sold $925,000 -2.5% $330 / Sq Ft View Prior Sale
05/12/2016 05/12/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $949,000 -- $339 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,809 $1,522,832 $228,159 $1,294,673
2024 $17,011 $1,492,974 $223,686 $1,269,288
2023 $16,761 $1,463,700 $219,300 $1,244,400
2022 $11,043 $969,000 $112,200 $856,800
2021 $10,843 $991,785 $107,219 $884,566
2020 $11,056 $981,616 $106,120 $875,496
2019 $10,801 $962,370 $104,040 $858,330
2018 $10,282 $943,500 $102,000 $841,500
2017 $10,037 $925,000 $100,000 $825,000
2016 $4,316 $397,616 $103,989 $293,627
2015 $4,258 $391,644 $102,427 $289,217
2014 $4,192 $383,973 $100,421 $283,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222037868

MetroList
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