Ben Bazar
RE/MAX Executive
(209) 497-5769
84 Total Sales
1 in Downtown Modesto
$327,500 Price
Estimated Value: $568,000
4
Beds
4
Baths
2,800
Sq Ft
$203/Sq Ft
Est. Value
Highlights
- No HOA
- Patio
- 1-Story Property
- Cottage
About This Home
As of February 2016Great 5 unit property in the heart of Modesto, 1 duplex & 3 stand alone bungalows. Large units (approx. 700 SF each) all 1 bed, 1 bath. Huge cash flow, 10% plus CAP rate on pro-forma. Easy to lease, easy to manage.
Last Agent to Sell the Property
Rand Commercial Properties License #00633804 Listed on: 10/14/2015
Last Buyer's Agent
Gary Izard
Independent Rl Est Brokers License #01359320
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1919
Lot Details
- 10,500
Parking
- On-Street Parking
Home Design
- Cottage
- Composition Roof
Additional Features
- 1-Story Property
- Patio
- 10,500 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 104-019-001
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 5 Units
Building Details
- 5 Units Leased Month-To-Month
- Operating Expense $13,319
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 23, 2018
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$295,446
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$272,554
Purchase Details
Listed on
Oct 14, 2015
Closed on
Jan 29, 2016
Sold by
Bought by
Seller's Agent
Richard Rand
Rand Commercial Properties
Buyer's Agent
Gary Izard
Independent Rl Est Brokers
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-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
6.82%
Original Mortgage
$210,000
Interest Rate
3.97%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 18, 2013
Closed on
May 16, 2013
Sold by
Bought by
Seller's Agent
Tracy Williams-Weatheral
Grand Properties
Buyer's Agent
Tracy Williams-Weatheral
Grand Properties
List Price
$149,000
Sold Price
$117,000
Premium/Discount to List
-$32,000
-21.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.39%
Purchase Details
Closed on
Mar 20, 2002
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Modesto, CA
-
Ben Bazar
-
Angeles Lomeli
Angeles Lomeli
Lifestyle Realty
(209) 219-3822
108 Total Sales
1 in Downtown Modesto
$435,000 Price
-
Pamela Harmon
Pamela Harmon
PMZ Real Estate
(209) 502-2442
142 Total Sales
2 in Downtown Modesto
$390K - $725K Price Range
-
Bethany Mendoza
Bethany Mendoza
PMZ Real Estate
(209) 287-3307
285 Total Sales
5 in Downtown Modesto
$310K - $390K Price Range
-
Tony Mendoza
Tony Mendoza
PMZ Real Estate
(209) 353-9595
145 Total Sales
4 in Downtown Modesto
$325K - $390K Price Range
-
Dale DeBoer
Dale DeBoer
DeBoer Real Estate
(209) 299-7207
12 Total Sales
4 in Downtown Modesto
$280K - $315K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $500,000 | Stewart Title Of California | ||
| $285,000 | Pacific Coast Title Company | ||
| -- | Chicago Title Company | ||
| $117,000 | Chicago Title Company | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $350,000 | ||
| Previous Owner | $210,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/17/2016 02/17/16 | Sold | $285,000 | -3.4% | $102 / Sq Ft | |
| 10/30/2015 10/30/15 | Pending | -- | -- | -- | |
| 10/12/2015 10/12/15 | For Sale | $295,000 | +152.1% | $105 / Sq Ft | |
| 05/24/2013 05/24/13 | Sold | $117,000 | -21.5% | $42 / Sq Ft | View Prior Sale |
| 04/26/2013 04/26/13 | Pending | -- | -- | -- | |
| 04/18/2013 04/18/13 | For Sale | $149,000 | -- | $54 / Sq Ft |
Source: MetroList
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,012 | $599,582 | $180,405 | $419,177 |
| 2024 | $6,698 | $587,826 | $176,868 | $410,958 |
| 2023 | $6,599 | $576,300 | $173,400 | $402,900 |
| 2022 | $5,193 | $455,684 | $134,024 | $321,660 |
| 2021 | $4,884 | $446,750 | $131,397 | $315,353 |
| 2020 | $4,980 | $442,170 | $130,050 | $312,120 |
| 2019 | $4,865 | $433,500 | $127,500 | $306,000 |
| 2018 | $3,231 | $296,513 | $125,888 | $170,625 |
| 2017 | $3,154 | $290,700 | $123,420 | $167,280 |
| 2016 | $1,321 | $121,704 | $26,004 | $95,700 |
| 2015 | $1,303 | $119,877 | $25,614 | $94,263 |
| 2014 | $1,283 | $117,530 | $25,113 | $92,417 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Rand
Seller's Agent in 2016
Richard Rand
Rand Commercial Properties
(209) 604-7524
1 in this area
7 Total Sales
-
Gary Izard
Buyer's Agent in 2016
Gary Izard
Independent Rl Est Brokers
(925) 309-9144
21 Total Sales
-
Tracy Williams-Weatheral
Seller's Agent in 2013
Tracy Williams-Weatheral
Grand Properties
(209) 840-0025
60 Total Sales
Map
Source: MetroList
MLS Number: 15066808
APN: 104-19-01
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.
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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