NOT LISTED FOR SALE

Estimated Value: $473,118

3 Beds
3 Baths
1,800 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 21, 2016

Last sale price $250,000 $139 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,767/month

14 Days on Market

Highlights

  • No HOA
  • Community Playground
  • 1-Story Property
  • Cottage
  • Central Heating and Cooling System

About This Home

As of June 2016

Great income property --three cottages leased by one party, located in Central Modesto location. Please do not disturb tenants. Offers subject to inspection. No sign on property.

Last Agent to Sell the Property

John Lazar

Century 21 Select Real Estate License #00910830 Listed on: 04/13/2016

Century 21 Select Real Estate

Co-Listed By

Nellie Lazar

Century 21 Select Real Estate License #01112786

Last Buyer's Agent

Stephanie Owens

Grand Properties License #01293859

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions: 65

Parking

  • Open Parking

Home Design

  • Triplex
  • Cottage
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Electric Oven

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 106-011-003-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Recreation

  • Community Playground

Building Details

  • 3 Leased Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1937
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven
  • Other Equipment: None
  • Flooring: See Remarks

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 269000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Playground
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: East Neighborhood Downtown
  • Lot Size Acres: 0.2000
  • Lot Dimensions: 65' x 141'
  • Lot Size Sq Ft: 8712

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 3

Multi Family

  • Income Includes: See Remarks
  • Number of Leased Units: 3
  • Number of Month to Month Units: 1
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 106-011-003-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Mason Linda Martin and Mason Andrew Thomas
Bought by
Mason Family Trust and Mason
Current Estimated Value
$473,118

Purchase Details

Listed on
Apr 13, 2016
Closed on
Jun 14, 2016
Sold by
United Samaritan Foundation
Bought by
Martin Linda and Mason Andrew T
Seller's Agent
John Lazar
Century 21 Select Real Estate
Buyer's Agent
Stephanie Owens
Grand Properties
List Price
$269,000
Sold Price
$250,000
Premium/Discount to List
-$19,000
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$172,500
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 2002
Sold by
Catholic Charities Diocese Of Stockton
Bought by
United Samaritan Foundation

Purchase Details

Closed on
Apr 11, 2000
Sold by
Young Hertle John W and Young Mary Ellen
Bought by
Catholic Charities Diocese Of Stockton
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
Mason Family Trust -- None Listed On Document
Mason Linda Martin -- None Listed On Document
Martin Linda $250,000 Stewart Title Of Ca Inc
United Samaritan Foundation -- First American Title Co
Catholic Charities Diocese Of Stockton $145,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Linda $172,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2016 06/21/16 Sold $250,000 -7.1% $139 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $269,000 -- $149 / 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 $3,461 $295,943 $112,457 $183,486
2024 $3,306 $290,141 $110,252 $179,889
2023 $3,257 $284,453 $108,091 $176,362
2022 $3,178 $278,876 $105,972 $172,904
2021 $2,989 $273,409 $103,895 $169,514
2020 $3,048 $270,606 $102,830 $167,776
2019 $2,978 $265,301 $100,814 $164,487
2018 $2,835 $260,100 $98,838 $161,262
2017 $2,767 $255,000 $96,900 $158,100
2016 $2,113 $194,666 $119,796 $74,870
2015 $208 $191,743 $117,997 $73,746
2014 -- $187,988 $115,686 $72,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16021536

MetroList

APN: 106-11-03