NOT LISTED FOR SALE

500 Fort Sumpter Dr Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $470,000 - $481,264

4 Beds
2 Baths
1,105 Sq Ft
$430/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $263,500 $238 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,838/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • Covered Patio or Porch
  • 2 Car Garage
  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2017

Larger square footage than most duplexes on Fort Sumpter. 1104sqft each side. 2 car garage for one unit. 1 car garage for the other. Units are in average condition with good market rents. Offers to be made subject to physical approval of interior.

Last Agent to Sell the Property

Joseph Bondi

PMZ Real Estate License #00887311 Listed on: 02/24/2017

PMZ Real Estate

Co-Listed By

Daniel Del Real

PMZ Real Estate License #01423976

Last Buyer's Agent

Pam Castro

Keller Williams Realty License #01777071

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,246

Year Built

  • Built in 1976

Lot Details

  • 7,797

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Additional Features

  • Covered Patio or Porch
  • 7,797 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 033-070-047-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,246

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1976
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Oven,Free Standing Electric Range
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 279950.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1790
  • Lot Size Sq Ft: 7797

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 2

Multi Family

  • Gross Income: 21480
  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 033-070-047-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2017
Closed on
Mar 28, 2017
Sold by
Pease Jeffrey and Pease Pamela
Bought by
Tsegaye Hirut and Hirut Tsegaye Living Turst
Seller's Agent
Joseph Bondi
PMZ Real Estate
Buyer's Agent
Pam Castro
Keller Williams Realty
List Price
$279,950
Sold Price
$263,500
Premium/Discount to List
-$16,450
-5.88%
Current Estimated Value
$474,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,255
Avg. Annual Appreciation
7.23%
Original Mortgage
$197,625
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2002
Sold by
Munson James C
Bought by
Pease Jeffrey and Pease Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
7.12%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Tsegaye Hirut $263,500 Chicago Title Company
Pease Jeffrey $202,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsegaye Hirut $197,600
Closed Tsegaye Hirut $197,625
Previous Owner Pease Jeffrey $153,000
Previous Owner Pease Jeffrey $151,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $263,500 -5.9% $238 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $279,950 -- $253 / 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 $3,246 $299,814 $113,781 $186,033
2023 $3,378 $293,936 $111,550 $182,386
2022 $3,186 $288,173 $109,363 $178,810
2021 $3,182 $282,523 $107,219 $175,304
2020 $3,137 $279,627 $106,120 $173,507
2019 $3,079 $274,145 $104,040 $170,105
2018 $3,032 $268,770 $102,000 $166,770
2017 $2,619 $231,000 $48,500 $182,500
2016 $2,392 $210,000 $44,000 $166,000
2015 $2,023 $175,000 $44,000 $131,000
2014 $1,817 $156,000 $44,000 $112,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joseph Bondi

    PMZ Real Estate

    (209) 479-4663

    1 in this area

    15 Total Sales

    Joseph Bondi
    Section Image
  • Daniel Del Real

    Seller Co-Listing Agent in 2017

    Daniel Del Real

    PMZ Real Estate

    (209) 750-7019

    42 in this area

    915 Total Sales

    Daniel Del Real
    Section Image
  • Pam Castro

    Buyer's Agent in 2017

    Pam Castro

    Keller Williams Realty

    (209) 612-0853

    55 Total Sales

    Pam Castro
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 17009706

MetroList

APN: 033-70-47

California Stanislaus County Modesto 95354 La Loma

500 Fort Sumpter Dr, Modesto, CA

This home is located at 500 Fort Sumpter Dr, Modesto, CA 95354 since 24 February 2017 and is currently estimated at $474,755, approximately $429 per square foot. This property was built in 1976. 500 Fort Sumpter Dr is a home located in Stanislaus County with nearby schools including Capistrano Elementary, Norman N. Glick Middle School, and Peter Johansen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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