NOT LISTED FOR SALE

Estimated Value: $317,667 - $354,000

2 Beds
2 Baths
1,122 Sq Ft
$299/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $300,000 $267 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,182/month

55 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • Side by Side Parking
  • Joseph A. Gregori High School Rated A-
  • Double Pane Windows
  • Bungalow

About This Home

As of September 2021

This charming duplex has wonderful long term tenants that are hoping to stay. Quaint one bed one bath in each unit. A few blocks from the Post Office, restaurants, schools, and grocery stores. Great little property to start your investment portfolio with. Roof is only five years old.

Last Agent to Sell the Property

Karen Gustafson

RealtyLab License #01470546 Listed on: 06/04/2021

Last Buyer's Agent

Judi Hansen

Matel REALTORS License #00801035

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,687

Year Built

  • Built in 1950

Lot Details

  • 4,800 Sq Ft Lot
  • Fenced Yard

Home Design

  • Duplex
  • Bungalow
  • Fixer Upper
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Free-Standing Gas Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • 2 Open Parking Spaces

Utilities

  • Refrigerated and Evaporative Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Natural Gas Connected
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, rent only, electricity, gas, grounds care, trash collection
  • Assessor Parcel Number 135-048-026-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month
  • Oral Lease Type
  • Insurance Expense $780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,687

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Flats
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1950
  • Architectural Style: Bungalow
  • Levels: One
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Electric Water Heater, Varies By Unit, Free Standing Electric Range
  • Other Equipment: Low-Flow Toilet(s), Low-Flow Shower(s)
  • Flooring: Carpet, Tile, Varies by Unit
  • Price Per Square Foot: 267.38
  • Window Features: Caulked/Sealed, Dual Pane Partial, Low E Glass Partial

Exterior Features

  • Construction Materials: Stucco, Frame
  • Disclosures/Documents: Natural Hazard Disclosure Available, Preliminary Title Report, Seller Property Questionnaire, Transfer Disclosure Statement
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: ConcretePerimeter, Raised
  • Listing Price: 300000.00
  • Lot Features: Shape Regular, Curbs/Gutters
  • Property Condition: Fixer
  • Roof: Shingle, Composition
  • View Description: Other

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Open, Side-by-Side, Uncovered
  • Total Parking Spaces: 2

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: Natural Gas Connected, Cable Available, DSL Available, Internet Available
  • Cooling: Ceiling Fan(s), Wall Unit(s), Evaporative Cooler, Varies by Unit
  • Electric: Bi-Direct Meter
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Water Source: Irrigation District, Meter on Site, Public
  • Separate Meters: Common Area Meter,Varies by Unit,Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Irrigation: None
  • Lot Size Acres: 0.1102
  • Lot Dimensions: 60X80
  • Lot Size Sq Ft: 4800

Green Features

  • Energy Efficient: Windows

Rental Info

  • Tenant Pays: Cable TV, Rent Only, Electricity, Gas, Grounds Care, Trash Collection
  • Lease Term: Month To Month
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Insurance Expense: 780
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • One Bedroom Annual Occupancy: 100
  • One Bedrooms Occupied: 2
  • 1 Bedroom Rent Range: $825

Tax Info

  • Assessor Parcel Number: 135-048-026-000
  • Current RE Taxes: 1687
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 31, 2021
Sold by
Hodnett Richard D and Hodnett Darla L
Bought by
Oceguera Jose
Seller's Agent
Karen Gustafson
RealtyLab
Buyer's Agent
Judi Hansen
Matel REALTORS
Sold Price
$300,000
Current Estimated Value
$335,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,834
Avg. Annual Appreciation
2.62%
Original Mortgage
$289,987
Outstanding Balance
$263,569
Interest Rate
2.87%
Estimated Equity
$72,265

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 27, 2021
Sold by
Cuevas Luz
Bought by
Oceguera Jose
Seller's Agent
Karen Gustafson
RealtyLab
Buyer's Agent
Judi Hansen
Matel REALTORS
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,987
Outstanding Balance
$263,569
Interest Rate
2.87%
Estimated Equity
$72,265

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 10, 2021
Sold by
Hodnett Richard D and Hodnett Darla L
Bought by
Oceguera Jose
Seller's Agent
Karen Gustafson
RealtyLab
Buyer's Agent
Judi Hansen
Matel REALTORS
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,987
Outstanding Balance
$263,569
Interest Rate
2.87%
Estimated Equity
$72,265

Purchase Details

Closed on
Nov 27, 2018
Sold by
Hodnett Richard D and Hodnett Richard
Bought by
Hodnett Richard D and Hodnett Darla L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,900
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2018
Sold by
Hodnett Richard D
Bought by
Hodnett Richard D and Hodnett Darla L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,900
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oceguera Jose $300,000 First American Title
Oceguera Jose -- First American Title
Oceguera Jose $300,000 First American Title Company
Hodnett Richard D -- Nextitle
Hodnett Richard D -- Nextitle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oceguera Jose $289,987
Closed Oceguera Jose $289,987
Previous Owner Hodnett Richard D $67,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $300,000 0.0% $267 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
06/22/2021 06/22/21 For Sale -- -- --
06/18/2021 06/18/21 For Sale -- -- --
06/17/2021 06/17/21 Pending -- -- --
06/15/2021 06/15/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $300,000 -- $267 / 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 $5,098 $318,361 $116,732 $201,629
2024 $4,988 $312,120 $114,444 $197,676
2023 $4,883 $306,000 $112,200 $193,800
2022 $4,687 $300,000 $110,000 $190,000
2021 $1,798 $58,482 $9,021 $49,461
2020 $1,687 $57,883 $8,929 $48,954
2019 $1,641 $56,749 $8,754 $47,995
2018 $1,590 $55,637 $8,583 $47,054
2017 $1,542 $54,547 $8,415 $46,132
2016 $1,493 $53,478 $8,250 $45,228
2015 $1,573 $52,676 $8,127 $44,549
2014 $1,563 $51,645 $7,968 $43,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221062652

MetroList

APN: 135-48-26