NOT LISTED FOR SALE

3800 Maserati Dr Modesto, CA 95356

Central Modesto Neighborhood

Estimated Value: $798,000 - $878,664

4 Beds
4 Baths
3,744 Sq Ft
$224/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $625,000 $167 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,995/month

43 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA

About This Home

As of December 2018

SINGLE STORY 4 PLEX IDENTICAL 2 BED 1 BATH UNITS IN SYLVAN SCHOOL DISTRICT INSIDE LAUNDRY FULLY OCCUPIED ROOM TO INCREASE RENTS ON 2 UNITS EACH UNIT HAS A 2 CAR GARAGES

Last Agent to Sell the Property

Jagar Singh

Century 21 Select Real Estate License #00789589 Listed on: 10/24/2018

Century 21 Select Real Estate

Last Buyer's Agent

Sukhbir Sekhon

EXIT Realty Consultants License #02040976

EXIT Realty Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.28

Parking

  • 4 Car Garage
  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Composition Roof

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 0.28 Acre Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 052-059-002-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1978
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Disposal,Electric Cook Top
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 649500.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 8
  • Garage Spaces: 4
  • Parking Features: Garage,1+ Space Per Unit
  • Total Parking Spaces: 8

Utilities

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

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R--1-4 UNITS
  • Lot Size Acres: 0.2798
  • Lot Size Sq Ft: 12188

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 052-059-002-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Cheema Sanjeev and Cheema Amanpreet
Bought by
Cheema Family 2024 Revocable Living Trust and Cheema
Current Estimated Value
$838,332

Purchase Details

Listed on
Oct 24, 2018
Closed on
Dec 13, 2018
Sold by
Kaur Janda Parvinder Singh and Kaur Janda Rupinder
Bought by
Cheema Sanjeev and Cheema Amanpreet
Seller's Agent
Jagar Singh
Century 21 Select Real Estate
Buyer's Agent
Sukhbir Sekhon
EXIT Realty Consultants
List Price
$649,500
Sold Price
$625,000
Premium/Discount to List
-$24,500
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%

Purchase Details

Closed on
Nov 7, 2009
Sold by
Bains Harpreet Singh and Bains Tejinder
Bought by
Bains Harpreet Singh and Bains Tejinder

Purchase Details

Closed on
May 14, 2009
Sold by
American Home Mortgage Servicing Inc
Bought by
Bains Harpreet Singh and Bains Tejinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,425
Interest Rate
4.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2008
Sold by
Loya Juan L
Bought by
American Home Mortgage Servicing Inc

Purchase Details

Closed on
Mar 28, 2007
Sold by
Korman Michael
Bought by
Loya Juan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2005
Sold by
Korman Stephene
Bought by
Korman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2005
Sold by
Farrell Richard W and Farrell Mary B
Bought by
Korman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2003
Sold by
Race Glenn M and Race Debra
Bought by
Farrell Richard W and Farrell Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 2001
Sold by
Lewis Craig C and Lewis Harriet M
Bought by
Race Glenn M and Race Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 2001
Sold by
Jacob Manes Joseph and Jacob Marilyn A
Bought by
Lewis Craig C and Lewis Harriet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 1998
Sold by
Soranno Daniel 1995 Trust
Bought by
Manes Joseph Jacob and Manes Marilyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
7.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 1995
Sold by
Soranno Daniel
Bought by
Soranno Daniel and The Daniel Soranno 1995 Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cheema Family 2024 Revocable Living Trust -- None Listed On Document
Cheema Sanjeev $625,000 North American Title Ins Co
Bains Harpreet Singh -- None Available
Bains Harpreet Singh $250,000 First American Title
American Home Mortgage Servicing Inc $442,000 Accommodation
Loya Juan L $675,000 Stewart Title Of Ca Inc
Korman Michael -- Stewart Title Of Modesto
Korman Michael $640,000 Stewart Title Of Modesto
Farrell Richard W $470,000 Stewart Title Of Modesto
Race Glenn M $15,000 Stewart Title
Lewis Craig C $280,000 Stewart Title
Manes Joseph Jacob $170,000 Stewart Title
Soranno Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bains Harpreet Singh $187,425
Previous Owner Loya Juan L $506,250
Previous Owner Korman Michael $448,000
Previous Owner Farrell Richard W $280,000
Previous Owner Lewis Craig C $210,000
Previous Owner Manes Joseph Jacob $101,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2018 12/18/18 Sold $625,000 -3.8% $167 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
11/29/2018 11/29/18 For Sale $649,500 0.0% $173 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $649,500 -- $173 / Sq Ft
Source: MetroList

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 $7,704 $697,194 $323,498 $373,696
2024 $7,565 $683,524 $317,155 $366,369
2023 $7,422 $670,123 $310,937 $359,186
2022 $7,121 $656,985 $304,841 $352,144
2021 $6,997 $644,104 $298,864 $345,240
2020 $6,895 $637,500 $295,800 $341,700
2019 $6,769 $625,000 $290,000 $335,000
2018 $3,068 $283,271 $56,652 $226,619
2017 $2,995 $277,718 $55,542 $222,176
2016 $2,978 $272,273 $54,453 $217,820
2015 $2,934 $268,185 $53,636 $214,549
2014 $2,923 $262,933 $52,586 $210,347
Source: Public Records

Agents Affiliated with this Home

  • Jagar Singh

    Seller's Agent in 2018

    Jagar Singh

    Century 21 Select Real Estate

    (209) 499-7611

    3 in this area

    18 Total Sales

    Jagar Singh
    Section Image

  • S

    Buyer's Agent in 2018

    Sukhbir Sekhon

    EXIT Realty Consultants

    (209) 452-5600

    10 Total Sales

    Sukhbir Sekhon
    Section Image
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Map

Source: MetroList

MLS Number: 18073100

MetroList

APN: 052-59-02

California Stanislaus County Modesto 95356 Central Modesto

3800 Maserati Dr, Modesto, CA

Not Listed for Sale

MultiFamily

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