NOT LISTED FOR SALE

425 Briggs Ave Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $354,000 - $428,362

6 Beds
4 Baths
2,350 Sq Ft
$166/Sq Ft Est. Value

Last Sold September 03, 2014

Last sale price $206,250 $88 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,294/month

134 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-Story Property

About This Home

As of September 2014

Cash Cow! Fully rented! Bring your investors looking for a nice return on their money.

Last Agent to Sell the Property

Kara Bogetti

Kara Bogetti Realty License #01394620 Listed on: 03/11/2014

Last Buyer's Agent

Sam Roham

` License #01272907

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Carbon Monoxide Detectors

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 030-011-012-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1947
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2013

Interior Features

  • Appliances: Free Standing Electric Oven,Free Standing Gas Oven
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Laminate,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Brick,Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts
  • Listing Price: 229000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector
  • Cooling: Ceiling Fan(s),Window Unit(s),See Remarks
  • Heating: Electric,Wall Furnace

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,Yard Space,See Remarks
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1900
  • Lot Size Sq Ft: 8276

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: 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: 030-011-012-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2023
Sold by
Roham Sam
Bought by
Mct Investment Llc
Current Estimated Value
$391,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$307,782
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$83,399

Purchase Details

Closed on
Mar 23, 2022
Sold by
Mr Trust
Bought by
Mct Investment Llc

Purchase Details

Closed on
Apr 24, 2017
Sold by
Roham Sam
Bought by
Roham Sam and Mr Trust

Purchase Details

Listed on
Mar 11, 2014
Closed on
Sep 2, 2014
Sold by
Lobo Investment Llc
Bought by
Roham Sam
Seller's Agent
Kara Bogetti
Kara Bogetti Realty
Buyer's Agent
Sam Roham
`
List Price
$269,900
Sold Price
$206,250
Premium/Discount to List
-$63,650
-23.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$123,750
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 15, 2013
Closed on
Mar 28, 2013
Sold by
Rk7 Llc
Bought by
Lobo Investment Llc
Seller's Agent
Kay Watson
TSG Premier Realty
Buyer's Agent
Kara Bogetti
Kara Bogetti Realty
List Price
$165,000
Sold Price
$170,000
Premium/Discount to List
$5,000
3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.69%
Original Mortgage
$153,000
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 13, 2012
Closed on
Dec 19, 2012
Sold by
Fannie Mae
Bought by
Rk7 Llc
Seller's Agent
Travis Azevedo
A 2 Z Homes, Inc.
Buyer's Agent
Kay Watson
TSG Premier Realty
List Price
$113,000
Sold Price
$108,000
Premium/Discount to List
-$5,000
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
405.43%
Original Mortgage
$76,500
Interest Rate
3.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2012
Sold by
Lopez Angel G
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 25, 2007
Sold by
Rockwell Ernest J and Rockwell Ysabel M
Bought by
Lopez Angel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
8.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 1997
Sold by
White John G
Bought by
Rockwell Ernest J and Rockwell Ysabel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,600
Interest Rate
7.74%
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
Mct Investment Llc -- Chicago Title
Roham Sam -- Chicago Title
Mct Investment Llc -- None Listed On Document
Roham Sam -- None Available
Roham Sam $206,500 Chicago Title Company
Lobo Investment Llc $170,000 First American Title Company
Lobo Investment Llc $170,000 First American Title Company
Lobo Investment Llc $170,000 First American Title Company
Rk7 Llc $108,000 Old Republic Title Company
Federal National Mortgage Association $334,954 Landsafe Title
Lopez Angel G $340,000 Alliance Title Company
Rockwell Ernest J $120,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roham Sam $315,000
Previous Owner Roham Sam $123,750
Previous Owner Lobo Investment Llc $153,000
Previous Owner Rk7 Llc $76,500
Previous Owner Lopez Angel G $272,000
Previous Owner Rockwell Ernest J $123,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2014 09/03/14 Sold $206,250 -23.6% $88 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $269,900 +58.8% $115 / Sq Ft
04/08/2013 04/08/13 Sold $170,000 +3.0% -- View Prior Sale
03/21/2013 03/21/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $165,000 +52.8% --
12/27/2012 12/27/12 Sold $108,000 -4.4% -- View Prior Sale
12/05/2012 12/05/12 Pending -- -- --
08/13/2012 08/13/12 For Sale $113,000 -- --
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 $3,003 $247,572 $24,033 $223,539
2024 $2,872 $242,718 $23,562 $219,156
2023 $2,831 $237,959 $23,100 $214,859
2022 $2,764 $233,295 $22,648 $210,647
2021 $2,605 $228,721 $22,204 $206,517
2020 $2,652 $226,377 $21,977 $204,400
2019 $2,592 $221,940 $21,547 $200,393
2018 $2,471 $217,589 $21,125 $196,464
2017 $2,415 $213,323 $20,711 $192,612
2016 $2,371 $209,141 $20,305 $188,836
2015 $2,340 $206,000 $20,000 $186,000
2014 $1,957 $170,771 $20,090 $150,681
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kara Bogetti

    Kara Bogetti Realty

    Section Image

  • S

    Buyer's Agent in 2014

    Sam Roham

    `

    Section Image
  • Kay Watson

    Seller's Agent in 2013

    Kay Watson

    TSG Premier Realty

    (916) 271-3309

    6 Total Sales

    Kay Watson
    Section Image
  • Travis Azevedo

    Seller's Agent in 2012

    Travis Azevedo

    A 2 Z Homes, Inc.

    (949) 734-9606

    4 in this area

    225 Total Sales

    Travis Azevedo
    Section Image
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Map

Source: MetroList

MLS Number: 14014065

MetroList

APN: 030-11-12

California Stanislaus County Modesto 95351 West Modesto

425 Briggs Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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