NOT LISTED FOR SALE

412 Kerr Ave Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $321,385 - $366,000

4 Beds
2 Baths
1,456 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 18, 2016

Last sale price $160,000 $110 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,078/month

32 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 4-minute walk to Oregon Park
  • Tile Flooring

About This Home

As of August 2016

This amazing investment property rents for nearly $1,400 a month. Zoned R-3, perfect to build that extra unit in the back. Both units 2bed 1 bath with tile flooring.

Last Agent to Sell the Property

Kyle Kinsley

Zuffalo Real Estate License #01976108 Listed on: 06/13/2016

Last Buyer's Agent

Richard Domagalski

PMZ Real Estate License #00991180

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,580

Year Built

  • Built in 1964

Lot Details

  • 8,002 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Tile Flooring

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 035-034-040-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,580

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1964
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Refrigerator
  • Flooring: Tile
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 175000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Varies by Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-3
  • Lot Size Acres: 0.1837
  • Lot Size Sq Ft: 8002

Rental Info

  • Tenant Pays: Other
  • Total # Leasable: 2

Multi Family

  • Gross Income: 16680
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 035-034-040-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2017
Sold by
Myers James M and Myers Mary T
Bought by
Myers James M and Myers Mary T
Current Estimated Value
$341,795

Purchase Details

Listed on
Jun 13, 2016
Closed on
Aug 12, 2016
Sold by
Morales Tomas
Bought by
Myers James M and Myers Mary T
Seller's Agent
Kyle Kinsley
Zuffalo Real Estate
Buyer's Agent
Richard Domagalski
PMZ Real Estate
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$127,500
Outstanding Balance
$102,876
Interest Rate
3.41%
Mortgage Type
Commercial
Estimated Equity
$236,313

Purchase Details

Closed on
Jan 17, 2008
Sold by
Morales Tomas and Morales Thomas
Bought by
Morales Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,587
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2007
Sold by
Wells Fargo Bank
Bought by
Morales Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,587
Interest Rate
6.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2007
Sold by
Oseguera Laura J
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Jan 10, 2007
Sold by
Aztec Foreclosure Corp
Bought by
U S Bank Na and The Registered Holders Of Structured Ass

Purchase Details

Closed on
Sep 23, 2004
Sold by
Rodriguez Oscar L and Rodriguez Blanca
Bought by
Oseguera Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2002
Sold by
Rodriguez Oscar L and Cervantes Elias
Bought by
Rodriguez Oscar L and Rodriguez Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,898
Interest Rate
6.22%
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
Myers James M -- None Available
Myers James M $170,000 Old Republic Title Company
Morales Tomas -- Stewart Title Of Ca Inc
Morales Thomas $173,500 First American Title Co
Wells Fargo Bank $221,508 Landsafe Title
U S Bank Na $59,880 None Available
Oseguera Laura J $250,000 Fidelity National Title
Rodriguez Oscar L $42,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers James M $127,500
Previous Owner Morales Tomas $164,587
Previous Owner Morales Thomas $164,587
Previous Owner Oseguera Laura J $200,000
Previous Owner Rodriguez Oscar L $88,898
Closed Oseguera Laura J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2016 08/18/16 Sold $160,000 -8.6% $110 / Sq Ft
07/15/2016 07/15/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $175,000 -- $120 / 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
2024 $2,580 $193,428 $42,667 $150,761
2023 $2,538 $189,636 $41,831 $147,805
2022 $2,476 $185,918 $41,011 $144,907
2021 $2,341 $182,273 $40,207 $142,066
2020 $2,372 $180,405 $39,795 $140,610
2019 $2,316 $176,868 $39,015 $137,853
2018 $2,212 $173,400 $38,250 $135,150
2017 $2,159 $170,000 $37,500 $132,500
2016 $1,848 $142,000 $37,500 $104,500
2015 $1,590 $118,000 $37,500 $80,500
2014 $1,451 $105,000 $37,500 $67,500
Source: Public Records

Agents Affiliated with this Home

  • Kyle Kinsley

    Seller's Agent in 2016

    Kyle Kinsley

    Zuffalo Real Estate

    (209) 202-9099

    69 Total Sales

    Kyle Kinsley
    Section Image
  • Richard Domagalski

    Buyer's Agent in 2016

    Richard Domagalski

    PMZ Real Estate

    (209) 602-0347

    2 in this area

    28 Total Sales

    Richard Domagalski
    Section Image
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Map

Source: MetroList

MLS Number: 16037657

MetroList

APN: 035-34-40

California Stanislaus County Modesto 95354 La Loma

412 Kerr Ave, Modesto, CA

This home is located at 412 Kerr Ave, Modesto, CA 95354 since 13 June 2016 and is currently estimated at $341,795, approximately $234 per square foot. This property was built in 1964. 412 Kerr Ave is a home located in Stanislaus County with nearby schools including Orville Wright Elementary, La Loma Jr High, and Peter Johansen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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