NOT LISTED FOR SALE

401 Corson Ave Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $394,000 - $405,000

4 Beds
2 Baths
1,584 Sq Ft
$252/Sq Ft Est. Value

Last Sold May 10, 2012

Last sale price $104,900 $66 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $2,132/month

24 Days on Market

Highlights

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

About This Home

As of May 2012

Fixer duplex, both units 2/1 with one car garage and good sized back yards.

Last Agent to Sell the Property

David Newman

3% Broker.com License #01270699 Listed on: 03/16/2012

Last Buyer's Agent

Marivel Romero

HomeSmart PV & Associates License #01871830

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 7,210 Sq Ft Lot
  • Lot Dimensions: 70

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Electric Range

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 112-002-066-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Corson Estates Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1952
  • Levels: 0
  • Stories: 1
  • Subdivision: Corson Estates
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Other

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 104900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-2
  • Lot Size Acres: 0.1655
  • Lot Dimensions: 70 x 103
  • Lot Size Sq Ft: 7210

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 112-002-066-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2012
Closed on
Apr 10, 2012
Sold by
Lpp Mortgage Ltd
Bought by
Paras Nick A and Antoniou Andriana M
Seller's Agent
David Newman
3% Broker.com
Buyer's Agent
Marivel Romero
HomeSmart PV & Associates
List Price
$104,900
Sold Price
$104,900
Current Estimated Value
$383,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,100
Avg. Annual Appreciation
10.27%
Original Mortgage
$78,675
Outstanding Balance
$54,419
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$345,081

Purchase Details

Closed on
Aug 4, 2011
Sold by
Lara Manuel Angel
Bought by
Lpp Mortgage Ltd

Purchase Details

Closed on
Apr 20, 2007
Sold by
Lara Ada Zabrina
Bought by
Lara Manuel Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 2004
Sold by
Phipps Robert L and Benson Steven M
Bought by
Lopez Nestor and Lopez Jovita Francinet

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
1.62%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2000
Sold by
Phipps Paula K
Bought by
Phipps Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,120
Interest Rate
8.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2000
Sold by
Crews William R and Crews Mary K
Bought by
Phipps Robert L and Benson Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,120
Interest Rate
8.22%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Paras Nick A $105,000 California Title Company
Lpp Mortgage Ltd $104,000 Accommodation
Lara Manuel Angel -- Alliance Title Company
Lara Manuel Angel $315,000 Alliance Title Company
Lopez Nestor $300,000 Chicago Title
Phipps Robert L -- First American Title Ins Co
Benson Steven M -- First American Title Ins Co
Phipps Robert L $109,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paras Nick A $78,675
Previous Owner Lara Manuel Angel $315,000
Previous Owner Lopez Nestor $210,000
Previous Owner Phipps Robert L $87,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2012 05/10/12 Sold $104,900 0.0% $66 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $104,900 -- $66 / 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 $1,542 $131,872 $31,394 $100,478
2024 $1,473 $129,287 $30,779 $98,508
2023 $1,451 $126,753 $30,176 $96,577
2022 $1,416 $124,269 $29,585 $94,684
2021 $1,332 $121,833 $29,005 $92,828
2020 $1,358 $120,585 $28,708 $91,877
2019 $1,327 $118,222 $28,146 $90,076
2018 $1,263 $115,905 $27,595 $88,310
2017 $1,233 $113,633 $27,054 $86,579
2016 $1,209 $111,406 $26,524 $84,882
2015 $1,193 $109,733 $26,126 $83,607
2014 $1,175 $107,585 $25,615 $81,970
Source: Public Records

Agents Affiliated with this Home

  • David Newman

    Seller's Agent in 2012

    David Newman

    3% Broker.com

    (209) 765-7264

    9 in this area

    73 Total Sales

    David Newman
    Section Image
  • Marivel Romero

    Buyer's Agent in 2012

    Marivel Romero

    HomeSmart PV & Associates

    (209) 606-7891

    20 Total Sales

    Marivel Romero
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 12017778

MetroList

APN: 112-02-66

California Stanislaus County Modesto 95350 Central Modesto

401 Corson Ave, Modesto, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes