NOT LISTED FOR SALE

Estimated Value: $525,859

5 Beds
4 Baths
2,206 Sq Ft
$238/Sq Ft Est. Value

Last Sold November 13, 2017

Last sale price $352,000 $160 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,119/month

10 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • 1-Story Property
  • Central Heating
  • Washer and Dryer

About This Home

As of November 2017

Great investment opportunity in a very desirable area! 2 Units one is 3 bedroom 2 baths collecting $1,295/month. Second unit is 2bedroom 2 bath collecting $1095/month. Both have individual garages. Would make a great investment property or live in one and rent the other. Gross rents total gross rents are $28,680/month. Units have central heat and air, granite counters on the 3 bedroom property. See video tour of both units!

Last Agent to Sell the Property

Daniel Del Real

PMZ Real Estate License #01423976 Listed on: 10/03/2017

PMZ Real Estate

Co-Listed By

Indalecio Del Real

PMZ Real Estate License #01745071

Last Buyer's Agent

Michael Koehn

West Coast Marketing Group License #01852184

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Dishwasher
  • Washer and Dryer

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 052-055-013

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1979
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher
  • Flooring: Carpet,Tile

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 349900.00
  • Patio And Porch Features: See Remarks
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Washer/Dryer

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MLTFAM
  • Lot Size Acres: 0.1700
  • Lot Size Sq Ft: 7405

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 052-055-013

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2020
Sold by
Wylie Jamey D and Wylie Alissa
Bought by
Wylie Jamey D and Wylie Alissa A
Current Estimated Value
$525,859

Purchase Details

Listed on
Oct 3, 2017
Closed on
Nov 7, 2017
Sold by
Dhandayuthapani Prem Sankar and Ranganathan Mahalakshmi
Bought by
Wylie Jamey D and Wylie Alissa
Seller's Agent
Daniel Del Real
PMZ Real Estate
Buyer's Agent
Michael Koehn
West Coast Marketing Group
List Price
$349,900
Sold Price
$352,000
Premium/Discount to List
$2,100
0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Sep 20, 2011
Sold by
Cortez Cathy D and Cortez 2006 Revocable Trust
Bought by
Dhandayuthapani Prem Sankar and Ranganathan Mahalakshmi

Purchase Details

Closed on
Nov 9, 2010
Sold by
Cortez Cathy Deann and Cortez Cathy D
Bought by
Cortez Cathy D and Cortez 2006 Revocable Trust

Purchase Details

Closed on
Jun 22, 2006
Sold by
Cortez Cathy Deann
Bought by
Cortez Cathy D and Cortez 2006 Revocable Trust

Purchase Details

Closed on
Apr 26, 1999
Sold by
Parham Cathy Deann
Bought by
Cortez Cathy Deann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
6.96%
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
Wylie Jamey D -- None Available
Wylie Jamey D $352,000 Stewart Title Of Ca Inc
Dhandayuthapani Prem Sankar $155,000 Old Republic Title Company
Cortez Cathy D -- None Available
Cortez Cathy D -- None Available
Cortez Cathy Deann -- Fidelity National Title Co
Cortez Cathy Deann -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cortez Cathy Deann $110,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2017 11/13/17 Sold $352,000 +0.6% $160 / Sq Ft
10/13/2017 10/13/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $349,900 -- $159 / 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 $4,426 $400,509 $170,671 $229,838
2024 $4,346 $392,657 $167,325 $225,332
2023 $4,263 $384,959 $164,045 $220,914
2022 $4,091 $377,412 $160,829 $216,583
2021 $4,019 $370,013 $157,676 $212,337
2020 $3,961 $366,220 $156,060 $210,160
2019 $3,889 $359,040 $153,000 $206,040
2018 $3,812 $352,000 $150,000 $202,000
2017 $1,809 $167,747 $48,700 $119,047
2016 $1,799 $164,459 $47,746 $116,713
2015 $1,772 $161,989 $47,029 $114,960
2014 $1,766 $158,817 $46,108 $112,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17064066

MetroList

APN: 052-55-13