NOT LISTED FOR SALE

4060 Elmo Loop Modesto, CA 95356

Estimated Value: $265,000 - $348,000

3 Beds
2 Baths
1,218 Sq Ft
$254/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $85,000 $70 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $1,965/month

4 Days on Market

Highlights

  • Central Heating
  • Garage
  • 1-Story Property
  • Joseph A. Gregori High School Rated A-

About This Home

As of October 2012

Cute investment, community pool. Well kept and close to shopping, freeway access.

Last Agent to Sell the Property

Rebecca King

Berkshire Hathaway HomeServices-Drysdale Properties License #01297119 Listed on: 07/11/2012

Berkshire Hathaway HomeServices-Drysdale Properties

Last Buyer's Agent

Emad Basma

Agent 4 Life License #01441193

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,163

Year Built

  • Built in 1980

Lot Details

  • 1,220 Sq Ft Lot
  • Lot Dimensions: 1219.68

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1-Story Property

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 078-035-011-000

Community Details

Building Details

  • 1 Unit Leased Month-To-Month
  • Oral Lease Type

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,163

Year Built

Built in 1980

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Other
  • Year Built: 1980
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Electric Cook Top,Free Standing Electric Range,Microwave
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Transfer Disclosure Statement
  • Listing Price: 86000.00
  • Roof: Tile

Garage/Parking

  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Connected
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Pool
  • Association Fee: 230
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: RES
  • Lot Size Acres: 0.0280
  • Lot Dimensions: 1,219.68
  • Lot Size Sq Ft: 1220

Rental Info

  • Tenant Pays: Cable TV,Electricity

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Number of Month to Month Units: 1
  • Number of Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 078-035-011-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2022
Sold by
Ervin Gary N
Bought by
Gnp 3 Llc
Current Estimated Value
$309,950

Purchase Details

Listed on
Jul 11, 2012
Closed on
Oct 30, 2012
Sold by
Ervin Gary N
Bought by
The Gary N Ervin Survivors Trust
Seller's Agent
Rebecca King
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Emad Basma
Agent 4 Life
List Price
$86,000
Sold Price
$85,000
Premium/Discount to List
-$1,000
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%

Purchase Details

Listed on
Jul 11, 2012
Closed on
Oct 29, 2012
Sold by
Bowen Myron L
Bought by
Ervin Gary N
Seller's Agent
Rebecca King
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Emad Basma
Agent 4 Life
List Price
$86,000
Sold Price
$85,000
Premium/Discount to List
-$1,000
-1.16%

Purchase Details

Closed on
Jul 10, 2009
Sold by
Bowen Myron L and Bowen Beth E
Bought by
Bowen Beth E and Bowen Myron L

Purchase Details

Closed on
Apr 27, 2005
Sold by
Pacifica Vintage Lp
Bought by
Bowen Myron L and Bowen Beth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Gnp 3 Llc -- --
Ervin Gary N -- --
The Gary N Ervin Survivors Trust -- None Available
Ervin Gary N $85,000 Old Republic Title Company
Bowen Beth E -- None Available
Bowen Myron L $251,000 Stewart Title Of Modesto
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowen Myron L $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2012 10/31/12 Sold $85,000 -1.2% $70 / Sq Ft
07/14/2012 07/14/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $86,000 -- $71 / 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 $1,163 $104,659 $30,779 $73,880
2024 $1,141 $102,608 $30,176 $72,432
2023 $1,121 $100,597 $29,585 $71,012
2022 $1,070 $98,625 $29,005 $69,620
2021 $1,056 $96,692 $28,437 $68,255
2020 $1,015 $95,702 $28,146 $67,556
2019 $1,004 $93,827 $27,595 $66,232
2018 $983 $91,988 $27,054 $64,934
2017 $960 $90,185 $26,524 $63,661
2016 $941 $88,417 $26,004 $62,413
2015 $929 $87,090 $25,614 $61,476
2014 $912 $85,385 $25,113 $60,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12043108

MetroList

APN: 078-35-11