NOT LISTED FOR SALE

3521 Woodglen Dr Modesto, CA 95356

Estimated Value: $671,000 - $752,613

9 Beds
6 Baths
3,480 Sq Ft
$205/Sq Ft Est. Value

Last Sold October 22, 2014

Last sale price $365,000 $105 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,707/month

9 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 3 Car Garage
  • Joseph A. Gregori High School Rated A-
  • Central Heating and Cooling System

About This Home

As of October 2014

Cash flow and equity builder super clean triplex in great, established North Modesto neighborhood. Fully occupied, well manicured triplex steps away from SaveMart, Costco and Lowes with easy access to hwy 99 via Pelandale exit. Each unit is a 3BR/2BA with own 2 car finished garage. Please do not disturb occupants.

Last Agent to Sell the Property

David Quinonez

PMZ Commercial Real Estate License #01853323 Listed on: 08/07/2014

PMZ Commercial Real Estate

Last Buyer's Agent

Michael Tedesco

Century 21 Select Real Estate License #01348619

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 9,148 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 078-026-002

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Operating Expense $13,674

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1987
  • Stories: 2
  • Number of Three Bedroom Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 285000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 3
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

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

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: RES
  • Lot Size Acres: 0.2100
  • Lot Size Sq Ft: 9148

Rental Info

  • Tenant Pays: Electricity,Gas

Multi Family

  • Operating Expense: 13674
  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 078-026-002

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2014
Closed on
Oct 17, 2014
Sold by
Ayaz Saman
Bought by
Nadeem Kashif
Seller's Agent
David Quinonez
PMZ Commercial Real Estate
Buyer's Agent
Michael Tedesco
Century 21 Select Real Estate
List Price
$285,000
Sold Price
$365,000
Premium/Discount to List
$80,000
28.07%
Current Estimated Value
$631,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,285
Avg. Annual Appreciation
6.12%
Original Mortgage
$270,100
Outstanding Balance
$206,473
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$505,334

Purchase Details

Listed on
Aug 7, 2014
Closed on
Oct 6, 2014
Sold by
Murphy Marcella B and Marcella Murphy Family Trust
Bought by
Nadeem Kashif
Seller's Agent
David Quinonez
PMZ Commercial Real Estate
Buyer's Agent
Michael Tedesco
Century 21 Select Real Estate
List Price
$285,000
Sold Price
$365,000
Premium/Discount to List
$80,000
28.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,100
Outstanding Balance
$206,473
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$505,334

Purchase Details

Closed on
Apr 20, 2012
Sold by
Murphy Marcella B
Bought by
Murphy Marcella B and Marcella Murphy Family Trust

Purchase Details

Closed on
Oct 13, 2011
Sold by
Murphy Frederick M
Bought by
Murphy Marcella B

Purchase Details

Closed on
Aug 10, 1998
Sold by
Smith Janice
Bought by
Smith Terry Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
6.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 1998
Sold by
Smith Terry D
Bought by
Murphy Frederick M and Murphy Marcella B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
6.88%
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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Purchase History

Date Buyer Sale Price Title Company
Nadeem Kashif -- Chicago Title Company
Nadeem Kashif $365,000 Chicago Title Company
Murphy Marcella B -- None Available
Murphy Marcella B -- None Available
Murphy Frederick M -- None Available
Smith Terry Don -- First American Title Co
Murphy Frederick M $259,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nadeem Kashif $270,100
Previous Owner Murphy Frederick M $207,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2014 10/22/14 Sold $365,000 +28.1% $105 / Sq Ft
08/16/2014 08/16/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $285,000 -- $82 / 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 $4,875 $438,665 $75,110 $363,555
2024 $4,784 $430,065 $73,638 $356,427
2023 $4,699 $421,634 $72,195 $349,439
2022 $4,486 $413,368 $70,780 $342,588
2021 $4,425 $405,264 $69,393 $335,871
2020 $4,253 $401,110 $68,682 $332,428
2019 $4,208 $393,246 $67,336 $325,910
2018 $4,119 $385,536 $66,016 $319,520
2017 $4,024 $377,977 $64,722 $313,255
2016 $3,945 $370,566 $63,453 $307,113
2015 $3,895 $365,000 $62,500 $302,500
2014 $3,203 $300,000 $62,500 $237,500
Source: Public Records

Agents Affiliated with this Home

  • David Quinonez

    Seller's Agent in 2014

    David Quinonez

    PMZ Commercial Real Estate

    (209) 614-5653

    8 Total Sales

    David Quinonez
    Section Image
  • Michael Tedesco

    Buyer's Agent in 2014

    Michael Tedesco

    Century 21 Select Real Estate

    (209) 557-2687

    3 Total Sales

    Michael Tedesco
    Section Image
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Map

Source: MetroList

MLS Number: 14050153

MetroList

APN: 078-26-02

California Stanislaus County Modesto 95356

3521 Woodglen Dr, Modesto, CA

Not Listed for Sale

MultiFamily

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