NOT LISTED FOR SALE

407 Corson Ave Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $380,793 - $445,000

2 Beds
2 Baths
1,584 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $300,000 $189 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,495/month

10 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Tile Flooring

About This Home

As of October 2020

Unit 1 407 is owner occupied. Centrally located Cozy, clean and shows pride of ownership. All the pictures pertain to this Unit.

Last Agent to Sell the Property

Margarita Quinones

HomeSmart PV & Associates License #01183690 Listed on: 04/28/2020

HomeSmart PV & Associates

Last Buyer's Agent

John Pinedo

Fathom Realty Group, Inc. License #02038705

Fathom Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,797

Year Built

  • Built in 1952

Lot Details

  • 7,418 Sq Ft Lot

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Parking

  • 1 Parking Space
  • 1 Parking Space Included

Utilities

  • Central Heating
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 112-002-067-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,797

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1952
  • Architectural Style: Unknown
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Varies By Unit
  • Flooring: Tile
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Foundation: Raised
  • Listing Price: 315000.00
  • Patio And Porch Features: Varies by Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,1 Space Per Unit
  • Total Parking Spaces: 1

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Res
  • Lot Size Acres: 0.1703
  • Lot Size Sq Ft: 7418

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas

Multi Family

  • Income Includes: Rent Only
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 112-002-067-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Sep 29, 2020
Sold by
Williams Maria De Jesus and Demartinez Maria De
Bought by
Martin John and The John Martin 2011 Revocable
Seller's Agent
Margarita Quinones
HomeSmart PV & Associates
Buyer's Agent
John Pinedo
Fathom Realty Group, Inc.
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%
Current Estimated Value
$416,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,264
Avg. Annual Appreciation
6.67%
Original Mortgage
$225,000
Outstanding Balance
$199,673
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$216,591

Purchase Details

Closed on
Jul 16, 2007
Sold by
Martinez Maria and Martinez Maria De Jesus
Bought by
Martinez Maria De Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,498
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 2004
Sold by
Benson Steven and Phipps Robert L
Bought by
Dejesus Martinez Maria and Dejesus Martinez Maria

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
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2000
Sold by
Crisp Judy M A
Bought by
Benson Steven and 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
$86,400
Interest Rate
7.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 2000
Sold by
Crews William R and Crews Mary Kary
Bought by
Crisp Judy M A and The Judy M A Crisp 1997 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
7.82%
Mortgage Type
Commercial
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
Martin John $300,000 Chicago Title Company
Martinez Maria De Jesus -- Chicago Title Co
Dejesus Martinez Maria $300,000 Fidelity National Title Co
Benson Steven $108,000 First American Title Ins Co
Crisp Judy M A $9,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin John $225,000
Previous Owner Martinez Maria De Jesus $220,498
Previous Owner Dejesus Martinez Maria $210,000
Previous Owner Benson Steven $86,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $300,000 -4.8% $189 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $315,000 -- $199 / 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 $3,797 $324,727 $86,593 $238,134
2024 $3,627 $318,361 $84,896 $233,465
2023 $3,574 $312,120 $83,232 $228,888
2022 $3,487 $306,000 $81,600 $224,400
2021 $3,280 $300,000 $80,000 $220,000
2020 $2,838 $252,000 $71,500 $180,500
2019 $2,828 $252,000 $71,500 $180,500
2018 $2,616 $240,000 $68,000 $172,000
2017 $2,365 $218,000 $62,000 $156,000
2016 $2,149 $198,000 $56,500 $141,500
2015 $1,794 $165,000 $56,500 $108,500
2014 $1,610 $147,500 $56,500 $91,000
Source: Public Records

Agents Affiliated with this Home

  • Margarita Quinones

    Seller's Agent in 2020

    Margarita Quinones

    HomeSmart PV & Associates

    (209) 613-8731

    2 in this area

    8 Total Sales

    Margarita Quinones
    Section Image

  • J

    Buyer's Agent in 2020

    John Pinedo

    Fathom Realty Group, Inc.

    (209) 678-1318

    16 Total Sales

    John Pinedo
    Section Image
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Map

Source: MetroList

MLS Number: 20024010

MetroList

APN: 112-02-67

California Stanislaus County Modesto 95350 Central Modesto

407 Corson Ave, Modesto, CA

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