NOT LISTED FOR SALE

423 Spruce St Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $404,000 - $550,000

4 Beds
4 Baths
2,400 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $203,000 $85 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,641/month

154 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • 4-minute walk to Mellis Park
  • No HOA
  • Central Heating and Cooling System

About This Home

As of October 2014

CLEAN UNITS ALL HAVE CENTRAL HEAT & AIR. ALL HAVE BEEN UPDATED IN LAST 2 YEARS SOME HAVE TILE FLOORS IN BATHROOMS. PARTIAL DUAL PANE WINDOWS, NEW ROOF 6 YEARS AGO GREAT RENTAL PROPERTY.

Last Agent to Sell the Property

Gary Hall

PMZ Real Estate License #00771662 Listed on: 03/13/2014

PMZ Real Estate

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 4 Open Parking Spaces

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 030-010-018-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1920
  • Accessibility Features: 0
  • Architectural Style: Contemporary
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Appliances: Free Standing Electric Range,Varies By Unit
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 220000.00
  • Patio And Porch Features: See Remarks
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Open

Utilities

  • Security: See Remarks
  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-2
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 4

Multi Family

  • Income Includes: See Remarks
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 030-010-018-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Adams Jr Ronald G
Bought by
Adams Family 2022 Revocable Trust
Current Estimated Value
$457,219

Purchase Details

Closed on
May 15, 2020
Sold by
Adams Ronald G and Adams Ronald
Bought by
Adams Ronald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2019
Sold by
Adams Angela
Bought by
Adams Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2019
Sold by
Adams Angela
Bought by
Adams Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2014
Closed on
Oct 23, 2014
Sold by
Russo Dennis and Russo Janet
Bought by
Adams Ronald
Seller's Agent
Gary Hall
PMZ Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$240,000
Sold Price
$203,000
Premium/Discount to List
-$37,000
-15.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$199,323
Interest Rate
4.17%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 2002
Sold by
Yanez Roberto
Bought by
Russo Dennis and Russo Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.88%
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
Adams Family 2022 Revocable Trust -- None Listed On Document
Adams Ronald G -- None Listed On Document
Adams Ronald G -- Lawyers Title Co
Adams Ronald -- Lawyers Title La
Adams Ronald -- Lawyers Title
Adams Ronald $203,000 Chicago Title Company
Russo Dennis $160,000 Fidelity National Title
Yanez Rodolfo $35,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Ronald G $218,500
Previous Owner Adams Ronald $212,000
Previous Owner Adams Ronald $199,323
Previous Owner Russo Dennis $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2014 10/30/14 Sold $203,000 -15.4% $85 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $240,000 -- $100 / 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 $2,943 $243,966 $45,664 $198,302
2024 $2,814 $239,183 $44,769 $194,414
2023 $2,773 $234,494 $43,892 $190,602
2022 $2,707 $229,897 $43,032 $186,865
2021 $2,551 $225,390 $42,189 $183,201
2020 $2,598 $223,080 $41,757 $181,323
2019 $2,539 $218,707 $40,939 $177,768
2018 $2,422 $214,420 $40,137 $174,283
2017 $2,365 $210,216 $39,350 $170,866
2016 $2,320 $206,095 $38,579 $167,516
2015 $2,289 $203,000 $38,000 $165,000
2014 $1,447 $132,500 $37,500 $95,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Gary Hall

    PMZ Real Estate

    Section Image

  • N

    Buyer's Agent in 2014

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 14014581

MetroList

APN: 030-10-18

California Stanislaus County Modesto 95351 West Modesto

423 Spruce St, Modesto, CA

Not Listed for Sale

MultiFamily

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