NOT LISTED FOR SALE

Estimated Value: $290,000 - $427,000

2 Beds
3 Baths
1,344 Sq Ft
$284/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $410,000 $305 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,379/month

75 Days on Market

Highlights

  • Updated Kitchen
  • No HOA
  • Double Pane Windows
  • Engineered Wood Flooring
  • Attached Garage
  • 4-minute walk to Mellis Park

About This Home

As of November 2022

We are looking for investors! An income-producing SFR WITH 2 ADU'S units property in downtown Modesto! Freeway access, close to downtown amenities! Located in a nice neighborhood, this property offers a 2-bedroom SFR and two additional ADUs. The owner lives on one side and collects rent from the other two. There are two bedrooms and one bath in the main house, and two studios with separate entries, each measuring 276 and 240 square feet. These properties have been completely renovated and are ready to move into. They have new dual pane windows, hardwood floors, bathrooms, tile, new paint, and new exterior paint. Upgrades include new electrical wiring, a new fence, new plumbing, new kitchens with granite counters, new cabinets, and stoves in each unit. Don't let it pass you by, start building your own income property portfolio!

Last Agent to Sell the Property

Ana Vasquez

Coldwell Banker Realty License #01374749 Listed on: 08/10/2022

Coldwell Banker Realty

Co-Listed By

Victoria Gomez

Red Oak Realty License #02143191

Red Oak Realty

Last Buyer's Agent

Victoria Gomez

Red Oak Realty License #02143191

Red Oak Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 4,850 Sq Ft Lot
  • Fenced
  • Rectangular Lot
  • Front Yard

Home Design

  • Wood Siding
  • Composition Shingle

Interior Spaces

  • Double Pane Windows
  • Window Screens
  • Updated Kitchen
  • 220 Volts In Laundry

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • On-Street Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Wall Furnace
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 1,344 Sq Ft Building
  • Bay East Association

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

4,850 Sq Ft Lot

Listing Details

  • Year Built: 1927
  • Property Sub Type: OTHER
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: SPSP03
  • Directions: S. Martin Luther King Dr. to Ash St
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Insulation - Per Owner
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Engineered Wood
  • Basement: None
  • Appliances: Gas Water Heater
  • Accessibility Features: Other
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Updated Baths, Updated Kitchen, Shower Stall(s)
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Fencing: Fenced
  • Lot Features: Regular, Front Yard
  • Construction Type: Composition Shingles, Wood Siding
  • Exterior Features: Front Yard

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Side Yard Access, On Street, Street Parking

Utilities

  • Heating: Wall Furnace
  • Utilities: Water/Sewer Meter on Site, All Public Utilities
  • Cooling: No Air Conditioning
  • Laundry Features: 220 Volt Outlet, Laundry Room
  • Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4850
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Nov 7, 2022
Sold by
Guzman Guerrero Denisse Esmeralda
Bought by
Marin Gerardo G
Seller's Agent
Ana Vasquez
Coldwell Banker Realty
Buyer's Agent
Victoria Gomez
Red Oak Realty
List Price
$499,000
Sold Price
$410,000
Premium/Discount to List
-$89,000
-17.84%
Views
105
Current Estimated Value
$381,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,965
Avg. Annual Appreciation
-2.22%
Original Mortgage
$402,573
Outstanding Balance
$388,376
Interest Rate
6.92%
Mortgage Type
FHA
Estimated Equity
-$7,341

Purchase Details

Listed on
Jul 22, 2021
Closed on
Apr 26, 2022
Sold by
Javier Jaime
Bought by
Guerrero Denisse Esmeralda
Seller's Agent
Samuel Saldivar
TNT Real Estate Services
Buyer's Agent
Ana Vasquez
Coldwell Banker Realty
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
127.83%
Original Mortgage
$238,500
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2019
Sold by
Jaime Torres Ma Angeles
Bought by
Jaime Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2018
Sold by
Remodeling Scar
Bought by
Jaime Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2018
Sold by
Nelson Paula and Johnson Debra A
Bought by
Remodeling Scar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,463
Interest Rate
4.6%

Purchase Details

Closed on
Aug 16, 2010
Sold by
Johnson Debbie
Bought by
Nelson Paula

Purchase Details

Closed on
Dec 4, 2007
Sold by
Johnson Debra A
Bought by
Nelson Paula J

Purchase Details

Closed on
May 16, 1994
Sold by
Deckert Raymond H and Deckert Mary F
Bought by
Johnson Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
8.6%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Marin Gerardo G $410,000 Fidelity National Title
Guerrero Denisse Esmeralda $265,000 First American Title
Jaime Javier -- North American Title Co Inc
Jaime Javier $150,000 First American Title Co
Remodeling Scar $112,000 None Available
Nelson Paula -- None Available
Nelson Paula J -- None Available
Johnson Debbie $67,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marin Gerardo G $402,573
Previous Owner Guerrero Denisse Esmeralda $238,500
Previous Owner Jaime Javier $112,500
Previous Owner Jaime Javier $120,000
Previous Owner Remodeling Scar $97,463
Previous Owner Johnson Debbie $67,000
Closed Marin Gerardo G $14,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2025 02/04/25 Off Market $410,000 -- --
11/14/2022 11/14/22 Sold $410,000 -8.9% $305 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
09/20/2022 09/20/22 Price Changed $450,000 -6.0% $335 / Sq Ft
09/10/2022 09/10/22 Price Changed $478,888 -4.0% $356 / Sq Ft
08/10/2022 08/10/22 For Sale $499,000 +88.3% $371 / Sq Ft
05/05/2022 05/05/22 Sold $265,000 -4.7% $320 / Sq Ft View Prior Sale
04/07/2022 04/07/22 Pending -- -- --
03/30/2022 03/30/22 Price Changed $278,000 -0.4% $336 / Sq Ft
03/15/2022 03/15/22 For Sale $279,000 +5.3% $337 / Sq Ft
09/28/2021 09/28/21 Off Market $265,000 -- --
07/22/2021 07/22/21 For Sale $264,900 -- $320 / Sq Ft
Source: Bay East Association of REALTORS®

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 $4,988 $426,563 $266,862 $159,701
2024 $4,765 $418,200 $261,630 $156,570
2023 $4,695 $410,000 $256,500 $153,500
2022 $1,797 $157,675 $104,066 $53,609
2021 $1,690 $154,584 $102,026 $52,558
2020 $1,723 $153,000 $100,980 $52,020
2019 $1,684 $150,000 $99,000 $51,000
2018 $996 $98,420 $51,731 $46,689
2017 $971 $96,491 $50,717 $45,774
2016 $951 $94,600 $49,723 $44,877
2015 $685 $70,000 $18,000 $52,000
2014 $557 $58,000 $15,000 $43,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41004940

Bay East Association of REALTORS®

APN: 102-01-50

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