NOT LISTED FOR SALE

409 N Riverside Dr Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $455,372 - $463,000

4 Beds
2 Baths
1,924 Sq Ft
$239/Sq Ft Est. Value

Last Sold February 14, 2012

Last sale price $62,000 $32 Per Sq Ft

Est. 641% increase in value since last sale

Current estimated payment $2,755/month

6 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 1-minute walk to Riverside Park
  • Central Heating and Cooling System

About This Home

As of February 2012

2 UNITS - NEEDS SOME TLC - THEN ITS TIME FOR COLLECTING THE RENT! WE ESTIMATE $600-$800 PER UNIT... PLEASE SHOW - WON'T LAST FOR LONG!!!

Last Agent to Sell the Property

Stephen Hernand

HomeSmart PV & Associates License #01057795 Listed on: 12/26/2011

HomeSmart PV & Associates

Last Buyer's Agent

Daniel Del Real

PMZ Real Estate License #01423976

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 6,098

Parking

  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Disposal

Additional Features

  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity water
  • Assessor Parcel Number 033-063-091-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Riverside North 04 Subdivision

Building Details

  • 2 Vacant Units
  • Oral Lease Type

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1972
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Riverside North 04
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 59000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space Per Unit

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: 0.1400
  • Lot Dimensions: 0x0
  • Lot Size Sq Ft: 6098

Rental Info

  • Tenant Pays: Cable TV,Electricity,Water
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 033-063-091-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2023
Sold by
Realbond Inc
Bought by
Beltran Ignacio
Current Estimated Value
$459,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$143,085
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$316,039

Purchase Details

Closed on
Feb 22, 2014
Sold by
Bondi Joseph
Bought by
Realbond Inc

Purchase Details

Closed on
Apr 25, 2013
Sold by
Realbond Inc
Bought by
Bondi Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
3.51%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 26, 2011
Closed on
Jan 17, 2012
Sold by
Del Real Andrea Marie
Bought by
Del Real Daniel
Seller's Agent
Stephen Hernand
HomeSmart PV & Associates
Buyer's Agent
Daniel Del Real
PMZ Real Estate
List Price
$59,000
Sold Price
$62,000
Premium/Discount to List
$3,000
5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.49%

Purchase Details

Listed on
Dec 26, 2011
Closed on
Jan 9, 2012
Sold by
Wilmington Trust Company
Bought by
Del Real Daniel
Seller's Agent
Stephen Hernand
HomeSmart PV & Associates
Buyer's Agent
Daniel Del Real
PMZ Real Estate
List Price
$59,000
Sold Price
$62,000
Premium/Discount to List
$3,000
5.08%

Purchase Details

Closed on
Nov 23, 2011
Sold by
Anderton Michael and Anderton Julie
Bought by
Wilmington Trust Company

Purchase Details

Closed on
Apr 9, 2002
Sold by
Sartori Philip P
Bought by
Anderton Michael and Anderton Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,600
Interest Rate
6.87%
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
Beltran Ignacio $430,000 First American Title
Realbond Inc -- None Available
Bondi Joseph $135,000 First American Title Company
Realbond Inc -- First American Title Company
Del Real Daniel -- First American Title Ins Co
Del Real Daniel $62,000 First American Title Ins Co
Wilmington Trust Company $82,800 Accommodation
Anderton Michael $164,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beltran Ignacio $145,000
Previous Owner Bondi Joseph $94,500
Previous Owner Anderton Michael $147,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2012 02/14/12 Sold $62,000 +5.1% $32 / Sq Ft
12/29/2011 12/29/11 Pending -- -- --
12/23/2011 12/23/11 For Sale $59,000 -- $31 / 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 $4,251 $363,489 $223,686 $139,803
2024 $4,997 $438,600 $219,300 $219,300
2023 $2,698 $235,643 $29,452 $206,191
2022 $2,633 $231,024 $28,875 $202,149
2021 $2,476 $226,495 $28,309 $198,186
2020 $2,525 $224,173 $28,019 $196,154
2019 $2,467 $219,778 $27,470 $192,308
2018 $2,348 $215,470 $26,932 $188,538
2017 $2,292 $211,246 $26,404 $184,842
2016 $2,248 $207,105 $25,887 $181,218
2015 $2,218 $203,995 $25,499 $178,496
2014 $1,481 $135,612 $25,113 $110,499
Source: Public Records

Agents Affiliated with this Home

  • Stephen Hernand

    Seller's Agent in 2012

    Stephen Hernand

    HomeSmart PV & Associates

    (209) 602-6161

    12 Total Sales

    Stephen Hernand
    Section Image
  • Daniel Del Real

    Buyer's Agent in 2012

    Daniel Del Real

    PMZ Real Estate

    (209) 750-7019

    40 in this area

    892 Total Sales

    Daniel Del Real
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 11088474

MetroList

APN: 033-63-91

California Stanislaus County Modesto 95354 La Loma

409 N Riverside Dr, Modesto, CA

Not Listed for Sale

MultiFamily

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