NOT LISTED FOR SALE

317 N Riverside Dr Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $372,787 - $455,000

4 Beds
2 Baths
1,704 Sq Ft
$244/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $215,000 $126 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,424/month

55 Days on Market

Highlights

  • No HOA
  • Laundry Facilities
  • 3-minute walk to Riverside Park
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2017

Good income property,both 2/1 with a carport and shared laundry, back unit has a nice size yard both units are occupied!

Last Agent to Sell the Property

Teresa Baugh

PMZ Real Estate License #01180170 Listed on: 03/01/2017

PMZ Real Estate

Last Buyer's Agent

Tim Toste

Century 21 Select Real Estate License #01343707

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 6,720

Home Design

  • Duplex
  • Composition Roof

Parking

  • 1 Parking Space Included
  • 2 Covered Spaces

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 6,720 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 033-029-072-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1971
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Flooring: See Remarks

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 230000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 2
  • Parking Features: Carport,1 Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MFD
  • Lot Size Acres: 0.1543
  • Lot Size Sq Ft: 6720

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 033-029-072-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
May 25, 2017
Sold by
Sharma Mridula
Bought by
Sharma Rajiv
Seller's Agent
Teresa Baugh
PMZ Real Estate
Buyer's Agent
Tim Toste
Century 21 Select Real Estate
List Price
$230,000
Sold Price
$215,000
Premium/Discount to List
-$15,000
-6.52%
Current Estimated Value
$416,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,262
Avg. Annual Appreciation
7.98%
Original Mortgage
$161,250
Outstanding Balance
$134,026
Interest Rate
4.08%
Mortgage Type
Commercial
Estimated Equity
$282,236

Purchase Details

Listed on
Mar 1, 2017
Closed on
May 17, 2017
Sold by
Sharma Rajiv
Bought by
Choate Michael and Choate Jean L
Seller's Agent
Teresa Baugh
PMZ Real Estate
Buyer's Agent
Tim Toste
Century 21 Select Real Estate
List Price
$230,000
Sold Price
$215,000
Premium/Discount to List
-$15,000
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Outstanding Balance
$134,026
Interest Rate
4.08%
Mortgage Type
Commercial
Estimated Equity
$282,236

Purchase Details

Closed on
Jan 21, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jan 20, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Sharma Rajiv

Purchase Details

Closed on
Oct 23, 2009
Sold by
Arzola Jesus and Arzola Lorena
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Jun 9, 2005
Sold by
Arzola Jesus and Arzola Lorena A
Bought by
Arzola Jesus and Arzola Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 19, 2003
Sold by
Wendall Paul
Bought by
Arzola Jesus and Arzola Lorena A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 3, 2002
Sold by
Spellman Darren and Spellman Jennifer
Bought by
Wendall Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 2001
Sold by
Schmidt Lee A and Schmidt Karen G
Bought by
Spellman Darren and Spellman Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
7.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 1999
Sold by
Johnson H Scott and Johnson Elaine
Bought by
Schmidt Lee A and Schmidt Karen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
7.4%
Mortgage Type
Commercial
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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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
Sharma Rajiv -- North American Title Co Inc
Choate Michael $215,000 North American Title Co Inc
Jpmorgan Chase Bank National Association $72,000 North American Title Company
Sharma Rajiv $72,000 North American Title Company
Bac Home Loans Servicing Lp $79,948 Landsafe Title
Arzola Jesus -- Alliance Title Company
Arzola Jesus $220,000 Chicago Title
Wendall Paul $153,000 Alliance Title Company
Spellman Darren $139,000 North American Title Co
Schmidt Lee A $95,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choate Michael $161,250
Previous Owner Arzola Jesus $251,000
Previous Owner Arzola Jesus $198,000
Previous Owner Wendall Paul $122,400
Previous Owner Spellman Darren $125,100
Previous Owner Schmidt Lee A $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2017 05/26/17 Sold $215,000 -6.5% $126 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $230,000 -- $135 / 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 $2,918 $249,521 $58,026 $191,495
2024 $2,787 $244,630 $56,889 $187,741
2023 $2,746 $239,834 $55,774 $184,060
2022 $2,680 $235,132 $54,681 $180,451
2021 $2,520 $230,522 $53,609 $176,913
2020 $2,570 $228,159 $53,060 $175,099
2019 $2,511 $223,686 $52,020 $171,666
2018 $2,390 $219,300 $51,000 $168,300
2017 $869 $80,071 $27,801 $52,270
2016 $852 $78,502 $27,256 $51,246
2015 $841 $77,324 $26,847 $50,477
2014 $828 $75,811 $26,322 $49,489
Source: Public Records

Agents Affiliated with this Home

  • Teresa Baugh

    Seller's Agent in 2017

    Teresa Baugh

    PMZ Real Estate

    (209) 505-1280

    4 in this area

    42 Total Sales

    Teresa Baugh
    Section Image
  • Tim Toste

    Buyer's Agent in 2017

    Tim Toste

    Century 21 Select Real Estate

    (209) 613-1756

    14 Total Sales

    Tim Toste
    Section Image
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Map

Source: MetroList

MLS Number: 17010692

MetroList

APN: 033-29-72

California Stanislaus County Modesto 95354 La Loma

317 N Riverside Dr, Modesto, CA

Not Listed for Sale

MultiFamily

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