Seller's Agent in 2025
Rich Lujan
Compass
(408) 594-5863
1 in this area
5 Total Sales
408 Palm Ave Modesto, CA 95350
Central Modesto Neighborhood
2
Beds
1
Bath
780
Sq Ft
0.29
Acres
Highlights
- Forced Air Heating and Cooling System
- Dining Room
- 1-Story Property
About This Home
As of June 2025Investors Dream Opportunity! Unlock the potential of this expansive approx. 12,500 sq ft lot nestled in a charming and well-established neighborhood. With endless development possibilities, this property is perfect for a seasoned investor or builder ready to bring their vision to life. Whether you're looking to build new construction, add an ADU and/or pool, this is your canvas. Centrally located near downtown and offering easy access to nearby freeways, this lot combines convenience with opportunity. Zoned for growth and situated in a desirable area, this is a rare chance to capitalize on one of the few large parcels remaining in the neighborhood.
Home Details
Home Type
- Single Family
Year Built
- Built in 1930
Lot Details
- 0.29 Acre Lot
Parking
- No Garage
Home Design
- Raised Foundation
- Composition Roof
Interior Spaces
- 780 Sq Ft Home
- 1-Story Property
- Dining Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Sewer Within 50 Feet
Listing and Financial Details
- Assessor Parcel Number 112-002-041-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2025
Closed on
May 30, 2025
Sold by
Vega Asension A and Vega Virginia Ann
Bought by
Jjj Investment & Remodeling Co
Seller's Agent
Rich Lujan
Compass
Buyer's Agent
Juan Martinez
PMZ Real Estate
List Price
$225,000
Sold Price
$260,000
Premium/Discount to List
$35,000
15.56%
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,960
Avg. Annual Appreciation
3.25%
Purchase Details
Listed on
Jun 9, 2016
Closed on
Jul 26, 2016
Sold by
Vega Asension A
Bought by
Vega Asension A and Vega Virginia Ann
Seller's Agent
Breana Trigueiro
Grand Properties
Buyer's Agent
Aaron West
PMZ Real Estate
List Price
$179,900
Sold Price
$186,000
Premium/Discount to List
$6,100
3.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Purchase Details
Listed on
Jun 9, 2016
Closed on
Jun 21, 2016
Sold by
Ibrahim Joseph
Bought by
Vega Asension A
Seller's Agent
Breana Trigueiro
Grand Properties
Buyer's Agent
Aaron West
PMZ Real Estate
List Price
$179,900
Sold Price
$186,000
Premium/Discount to List
$6,100
3.39%
Purchase Details
Closed on
Oct 18, 2012
Sold by
Ibrahim Joseph and Ibrahim Joseph F
Bought by
Ibrahim Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
3.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 2008
Sold by
Jamke
Bought by
Ibrahim Joseph F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 6, 2007
Sold by
Walker Shirley and Walker Nikki Lynn
Bought by
Jamke
Purchase Details
Closed on
Sep 4, 2007
Sold by
Cady Nikki
Bought by
Black Hawk Holding Co and Golden Eagle Asset Protection
Purchase Details
Closed on
Aug 2, 2007
Sold by
Cady Nikki
Bought by
Hazan Holding Co and Colon Propertiey Management
Purchase Details
Closed on
Feb 27, 2007
Sold by
Stephens Clyde and The Shirley Walker Trust
Bought by
Cady Nikki
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $260,000 | Wfg National Title Insurance C | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $186,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $149,000 | Old Republic Title Company | |
| Trustee Deed | $95,000 | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $126,500 | New Conventional | |
| Previous Owner | $134,100 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/04/2025 06/04/25 | Sold | $260,000 | +15.6% | $333 / Sq Ft | |
| 05/25/2025 05/25/25 | Pending | -- | -- | -- | |
| 05/24/2025 05/24/25 | For Sale | $225,000 | +21.0% | $288 / Sq Ft | |
| 06/30/2016 06/30/16 | Sold | $186,000 | +3.4% | $238 / Sq Ft | View Prior Sale |
| 06/16/2016 06/16/16 | Pending | -- | -- | -- | |
| 06/09/2016 06/09/16 | For Sale | $179,900 | -- | $231 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $2,575 | $220,180 | $130,214 | $89,966 |
| 2024 | $2,459 | $215,863 | $127,661 | $88,202 |
| 2023 | $2,423 | $211,631 | $125,158 | $86,473 |
| 2022 | $2,364 | $207,482 | $122,704 | $84,778 |
| 2021 | $2,224 | $203,415 | $120,299 | $83,116 |
| 2020 | $2,268 | $201,330 | $119,066 | $82,264 |
| 2019 | $2,215 | $197,383 | $116,732 | $80,651 |
| 2018 | $2,109 | $193,514 | $114,444 | $79,070 |
| 2017 | $2,059 | $189,720 | $112,200 | $77,520 |
| 2016 | $1,623 | $149,500 | $75,000 | $74,500 |
| 2015 | $1,153 | $106,000 | $36,000 | $70,000 |
| 2014 | $966 | $88,500 | $30,000 | $58,500 |
Source: Public Records
Agents Affiliated with this Home
-
Rich Lujan
-
Juan Martinez
Buyer's Agent in 2025
Juan Martinez
PMZ Real Estate
(209) 404-1903
6 in this area
24 Total Sales
-
Breana Trigueiro
Seller's Agent in 2016
Breana Trigueiro
Grand Properties
(209) 985-5832
10 in this area
35 Total Sales
-
Aaron West
Buyer's Agent in 2016
Aaron West
PMZ Real Estate
(209) 484-1651
50 in this area
513 Total Sales
Map
Source: MLSListings
MLS Number: ML82008296
APN: 112-02-41
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