NOT LISTED FOR SALE

406 Melrose St Modesto, CA 95354

Central Modesto Neighborhood

Estimated Value: $386,806 - $476,000

5 Beds
2 Baths
1,530 Sq Ft
$282/Sq Ft Est. Value

Last Sold January 14, 2015

Last sale price $190,000 $124 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,476/month

109 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Bathtub with Shower
  • Carpet

About This Home

As of January 2015

2 houses on one lot. Front house is a 3 bedroom one bath house with tile floor, W/D hookups, and central air (950 square feet). This spacious property also has a large front/backyard and an enclosed driveway. House in back is a nice 2 bedroom one bath with central air. Back house has a very good tenant paying $625 a month. (575 square feet)

Last Agent to Sell the Property

Steven Udelson

Owners Realty Inc. License #01244429 Listed on: 08/28/2014

Last Buyer's Agent

Wilfredo Urbina

Urbina Properties License #01911190

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 2 Open Parking Spaces

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,530 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Microwave
  • 220 Volts In Laundry

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 111-003-058-000

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: Unknown
  • Year Built: 1926
  • Architectural Style: See Remarks
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave
  • Flooring: Carpet
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 2.00
  • Dining Room Features: Dining/Living Combo,Space in Kitchen
  • Room Type: Baths Other
  • Price Per Square Foot: 124.18
  • Square Footage: 1530

Exterior Features

  • Construction Materials: Stucco,Wood
  • Foundation: Slab
  • Listing Price: 199000.00
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Features: Uncovered Parking Spaces 2+
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: Sewer in Street
  • Utilities: All Public
  • Cooling: Central
  • Electric: 220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Gas Hook-Up,Inside Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: RES
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970

Tax Info

  • Assessor Parcel Number: 111-003-058-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2014
Closed on
Jan 6, 2015
Sold by
Esparza Ruben and Esparza Rosa
Bought by
Alfaro Martin and Zamora Rosas Jorge A
Seller's Agent
Steven Udelson
Owners Realty Inc.
Buyer's Agent
Wilfredo Urbina
Urbina Properties
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%
Current Estimated Value
$431,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,403
Avg. Annual Appreciation
7.77%
Original Mortgage
$183,658
Outstanding Balance
$143,236
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$288,167

Purchase Details

Closed on
Jun 10, 2010
Sold by
Federal National Mortgage Association
Bought by
Esparza Ruben and Esparza Rosa

Purchase Details

Closed on
Jan 13, 2010
Sold by
Aguilar Alicia and Aguilar Rafael
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 26, 2007
Sold by
Yi Ravuth
Bought by
Aguilar Rafael and Aguilar Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,560
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 10, 2005
Sold by
Smith Earl L and Smith Paril A
Bought by
Yi Ravuth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 2002
Sold by
Smith Robert Thomas and Smith Earl L
Bought by
Smith Earl L and Smith April A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.43%
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
Alfaro Martin $190,000 Stewart Title Of Ca Inc
Esparza Ruben $110,000 Stewart Title Of California
Federal National Mortgage Association $282,175 Landsafe Title
Aguilar Rafael $326,954 Fidelity Natl Title Co Of Ca
Yi Ravuth $243,000 Chicago Title
Yi Ravuth -- Chicago Title
Smith Earl L -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alfaro Martin $183,658
Previous Owner Aguilar Rafael $261,560
Previous Owner Yi Ravuth $175,000
Previous Owner Smith Earl L $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2015 01/14/15 Sold $190,000 -4.5% $124 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
08/28/2014 08/28/14 For Sale $199,000 -- $130 / 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 $2,588 $228,344 $30,042 $198,302
2024 $2,471 $223,867 $29,453 $194,414
2023 $2,433 $219,478 $28,876 $190,602
2022 $2,372 $215,175 $28,310 $186,865
2021 $2,230 $210,956 $27,755 $183,201
2020 $2,273 $208,794 $27,471 $181,323
2019 $2,219 $204,701 $26,933 $177,768
2018 $2,111 $200,688 $26,405 $174,283
2017 $2,059 $196,754 $25,888 $170,866
2016 $2,094 $192,897 $25,381 $167,516
2015 $1,284 $118,138 $26,847 $91,291
2014 $1,265 $115,825 $26,322 $89,503
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Steven Udelson

    Owners Realty Inc.

  • Wilfredo Urbina

    Buyer's Agent in 2015

    Wilfredo Urbina

    Urbina Properties

    (209) 275-4192

    46 Total Sales

    Wilfredo Urbina
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Map

Source: MetroList

MLS Number: 14055011

MetroList

APN: 111-03-58

California Stanislaus County Modesto 95350 Central Modesto

406 Melrose St, Modesto, CA

Not Listed for Sale

Detached

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