NOT LISTED FOR SALE
4 Beds
4 Baths
-- Sq Ft
1987 Built

Last Sold February 18, 2016

Last sale price $2,100,000

170 Days on Market

Highlights

  • Contemporary Architecture
  • Resident Manager or Management On Site
  • Heating Available
  • No HOA
  • Accessible Approach with Ramp

About This Home

As of February 2016

Welcome to Willow Tree Apartments! Investors, don't pass up this opportunity to own a 27 unit apartment complex in the heart of Modesto. ALL UNITS CURRENTLY LEASED. Centrally located in a desirable neighborhood. Units consist of 1 large bedroom, 1 full bath, spacious family room, and a large kitchen with eating area. All units have washer/dryer availability. Exterior of complex has been recently professionally painted. All units have individual parking spaces.

Last Agent to Sell the Property

Carlos Espinola

Century 21 MM License #01307251 Listed on: 08/07/2015

Last Buyer's Agent

David Pires

Century 21 Select Real Estate License #01335557

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Parking

  • 1 Parking Space Included

Home Design

  • Contemporary Architecture
  • Composition Roof

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Cable TV Available

Additional Features

  • 2-Story Property
  • Accessible Approach with Ramp

Listing and Financial Details

  • Security Deposit $13,000
  • Tenant pays for electricity
  • Assessor Parcel Number 034-002-032-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 27 Units

Additional Features

  • 27 Leased Units
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1987
  • Accessibility Features: AccessibleApproachwithRamp
  • Architectural Style: Contemporary
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven,Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Manager Occupies 1 Unit,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 2300000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Guest Parking Available,Open,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Wall Unit(s)
  • Heating: Electric

Condo/Co-op/Association

  • Association Features: Manager's Office
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Apt

Rental Info

  • Tenant Pays: Electricity
  • Total Deposit: 13000
  • Total # Leasable: 27

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 27
  • Number of Units: 27
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 034-002-032-000

MLS Schools

  • School District (County): Stanislaus
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2016 02/18/16 Sold $2,100,000 -8.7% --
01/21/2016 01/21/16 Pending -- -- --
08/04/2015 08/04/15 For Sale $2,300,000 -- --
Source: MetroList

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 $29,025 $2,481,924 $201,832 $2,280,092
2024 $27,755 $2,435,891 $197,875 $2,238,016
2023 $27,327 $2,386,404 $193,996 $2,192,408
2022 $26,668 $2,340,044 $190,193 $2,149,851
2021 $25,088 $2,294,593 $186,464 $2,108,129
2020 $25,583 $2,271,292 $184,553 $2,086,739
2019 $24,997 $2,227,189 $180,935 $2,046,254
2018 $23,801 $2,183,951 $177,388 $2,006,563
2017 $23,237 $2,141,560 $173,910 $1,967,650
2016 $19,556 $1,801,500 $170,500 $1,631,000
2015 $16,956 $1,559,500 $170,500 $1,389,000
2014 $15,815 $1,448,500 $170,500 $1,278,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15051296

MetroList