NOT LISTED FOR SALE

Estimated Value: $396,000 - $661,055

4 Beds
4 Baths
-- Sq Ft
0.28 Acres

Last Sold July 03, 2023

Last sale price $620,000

Est. 9% decrease in value since last sale

Current estimated payment $3,652/month

4 Days on Market

Highlights

  • 0.28 Acre Lot
  • Corner Lot
  • Double Pane Windows
  • Contemporary Architecture
  • No HOA
  • 4-minute walk to Moran Estates Park

About This Home

As of July 2023

Excellent investment opportunity to own a good income producing fourplex, ( 2 duplexes perfectly situated on corner lot, one faces San Juan and the other faces Encina). A new roof is being installed on the 435 & 437 San Juan. The units are in good condition and unit 435 was recenlty remodeled and the units facing Encina were completely rebuilt in 2000. Great location near school and shopping. The units have dual pane windows, yard space and 3 one car detached garages.

Last Agent to Sell the Property

Judi Hansen

Matel REALTORS License #00801035 Listed on: 06/12/2023

Last Buyer's Agent

Michael Brown

Compass License #01741650

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,064

Year Built

  • Built in 1951

Lot Details

  • 0.28 Acre Lot
  • Corner Lot

Parking

  • 3 Car Garage
  • On-Street Parking

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Flooring

  • Carpet
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Assessor Parcel Number 116-006-030-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Ellis Lot Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,064

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Quadruplex
  • Stories: 1
  • Year Built: 1951
  • Architectural Style: Contemporary
  • Levels: One
  • Stories: 1
  • Subdivision: Ellis Lot
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Price Per Square Foot: 291.35
  • Window Features: Dual Pane Full, Dual Pane Partial

Exterior Features

  • Construction Materials: Frame
  • Foundation: Other
  • Listing Price: 599900.00
  • Lot Features: Corner
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 1.00
  • Garage Spaces: 3.00
  • Parking Features: Covered, Street, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: City
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Water Source: Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Res
  • Irrigation: None
  • Lot Size Acres: 0.2824
  • Lot Size Sq Ft: 12301.00
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4

Tax Info

  • Assessor Parcel Number: 116-006-030-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2018
Closed on
May 22, 2019
Sold by
Liv Sondeno Kenton D
Bought by
Balasubramaniam Balaji and Elangovan Kavitha
Seller's Agent
Bethany Mendoza
PMZ Real Estate
Buyer's Agent
Nannette Hawxhurst
Win Realty
List Price
$479,000
Sold Price
$448,200
Premium/Discount to List
-$30,800
-6.43%
Current Estimated Value
$562,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,866
Avg. Annual Appreciation
3.78%
Original Mortgage
$285,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2015
Sold by
Tonnek Company Lp
Bought by
Sondeno Kenton D

Purchase Details

Closed on
Jan 8, 2007
Sold by
Sondeno Kenton
Bought by
Tonnek Co Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2006
Sold by
Debrito Marilane Ferreira
Bought by
Sondeno Kenton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2006
Sold by
Tonnek Co Lp
Bought by
Sondeno Kenton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 2004
Sold by
Sondeno Kenton
Bought by
Tonnek Co Lp

Purchase Details

Closed on
May 20, 1996
Sold by
Ward Douglas Management Services Llc
Bought by
Secreto Family Trust

Purchase Details

Closed on
Sep 14, 1995
Sold by
Secreto Joe and Secreto Angie
Bought by
Ward Douglas Management Services Llc
Source: Public Records

Range of Values:

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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
Balasubramaniam Balaji $448,500 North American Title Co Inc
Sondeno Kenton D -- None Available
Tonnek Co Lp -- None Available
Sondeno Kenton -- Alliance Title Company
Sondeno Kenton -- Alliance Title Company
Tonnek Co Lp -- --
Secreto Family Trust -- --
Ward Douglas Management Services Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Michael W $470,000
Closed Balasubramaniam Balaji $286,231
Closed Balasubramaniam Balaji $285,000
Previous Owner Sondeno Kenton $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2023 07/03/23 Sold $620,000 +3.4% --
06/16/2023 06/16/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $599,900 +33.8% --
05/24/2019 05/24/19 Sold $448,200 -6.4% $193 / Sq Ft
05/04/2019 05/04/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $479,000 0.0% $206 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $479,000 0.0% $206 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
12/18/2018 12/18/18 For Sale $479,000 0.0% $206 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $479,000 -- $206 / 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
2024 $7,064 $620,000 $215,000 $405,000
2023 $5,506 $480,879 $99,177 $381,702
2022 $5,373 $471,451 $97,233 $374,218
2021 $5,053 $462,208 $95,327 $366,881
2020 $5,153 $457,470 $94,350 $363,120
2019 $2,310 $205,831 $64,638 $141,193
2018 $2,199 $201,796 $63,371 $138,425
2017 $2,147 $197,840 $62,129 $135,711
2016 $2,106 $193,961 $60,911 $133,050
2015 $1,827 $168,000 $44,000 $124,000
2014 $1,638 $150,000 $44,000 $106,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223053634

MetroList

APN: 116-06-30