NOT LISTED FOR SALE

3501 Shawnee Dr Modesto, CA 95356

Estimated Value: $586,000 - $596,000

7 Beds
4 Baths
3,581 Sq Ft
$165/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $1,300,000 $363 Per Sq Ft

Current estimated payment $2,850/month

18 Days on Market

Highlights

  • Contemporary Architecture
  • Patio
  • 1-Story Property
  • No HOA

About This Home

As of September 2016

5 separate deeded duplexes, owner selling as one package. Nicely located in NW Modesto. 9 units are 2/1 with 2 car garage per unit, 1 unit is 1/1 with 1 car garage. Good roof, stucco exterior, utility hookup in garages. Attractive units which stand alone. Qualified buyers only.

Last Agent to Sell the Property

Fred Miller

RE/MAX Executive License #00554113 Listed on: 07/21/2016

RE/MAX Executive

Last Buyer's Agent

Ridge Sutter

Sutter Real Estate License #01108637

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,702

Year Built

  • Built in 1977

Lot Details

  • 0.7

Parking

  • 10 Car Garage
  • 1 Parking Space Included

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Patio
  • 0.7 Acre Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas trash collection
  • Assessor Parcel Number 054-025-007-003

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 10 Units

Building Details

  • 10 Leased Units
  • 10 Units Leased Month-To-Month
  • Insurance Expense $8,590
  • Operating Expense $42,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,702

Year Built

Built in 1977

Lot Details

0

Parking

10

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1977
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range,Built-In Gas Oven,Dishwasher,Disposal,Gas Cook Top,Plumbed For Ice Maker
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,See Remarks
  • Listing Price: 1390000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 19
  • Covered Parking Spaces: 19
  • Garage Spaces: 10
  • Parking Features: Garage,1+ Space Per Unit

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.7040
  • Lot Dimensions: 19x337
  • Lot Size Sq Ft: 30667

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Trash Collection
  • Total # Leasable: 10

Multi Family

  • Operating Expense: 42480
  • Income Includes: Rent Only
  • Insurance Expense: 8590
  • Number of Leased Units: 10
  • Number of Month to Month Units: 10
  • Number of Units: 10
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 054-025-007-003
  • Current RE Taxes: 6702

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2016
Closed on
Sep 7, 2016
Sold by
Traina Joel W and Traina Joseph A
Bought by
Trs Enterprises Inc
Seller's Agent
Fred Miller
RE/MAX Executive
Buyer's Agent
Ridge Sutter
Sutter Real Estate
List Price
$1,390,000
Sold Price
$1,300,000
Premium/Discount to List
-$90,000
-6.47%
Current Estimated Value
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$810,000
Avg. Annual Appreciation
-8.11%
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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Purchase History

Date Buyer Sale Price Title Company
Trs Enterprises Inc $1,300,000 Chicago Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $1,300,000 -6.5% $363 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $1,390,000 -- $388 / 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 $3,479 $301,748 $72,535 $229,213
2024 $3,355 $295,832 $71,113 $224,719
2023 $3,294 $290,032 $69,719 $220,313
2022 $3,205 $284,346 $68,352 $215,994
2021 $3,029 $278,771 $67,012 $211,759
2020 $2,989 $275,913 $66,325 $209,588
2019 $2,953 $270,504 $65,025 $205,479
2018 $2,918 $265,200 $63,750 $201,450
2017 $2,849 $260,000 $62,500 $197,500
2016 $1,620 $148,847 $40,507 $108,340
2015 $1,607 $146,612 $39,899 $106,713
2014 -- $143,741 $39,118 $104,623
Source: Public Records

Agents Affiliated with this Home

  • Fred Miller

    Seller's Agent in 2016

    Fred Miller

    RE/MAX

    (209) 606-9752

    53 Total Sales

    Fred Miller
    Section Image

  • R

    Buyer's Agent in 2016

    Ridge Sutter

    Sutter Real Estate

    (209) 484-5935

    3 Total Sales

    Ridge Sutter
    Section Image
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Map

Source: MetroList

MLS Number: 16047245

MetroList

APN: 054-25-07

California Stanislaus County Modesto 95350

3501 Shawnee Dr, Modesto, CA

Not Listed for Sale

MultiFamily

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