NOT LISTED FOR SALE

501 Fort Sumpter Dr Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $485,000 - $521,000

4 Beds
2 Baths
1,950 Sq Ft
$259/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $360,000 $185 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,999/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • Covered Patio or Porch
  • 1-Story Property
  • No HOA
  • 2 Car Garage

About This Home

As of July 2020

501 (ON THE LEFT) IS VACANT UNIT FOR SHOWING. JUST REFURBISHED AND READY TO RENT. HAS NEW INTERIOR PAINT, PLANK FLOORING AND BEDROOM CARPETING. 503 (ON THE RIGHT) HAS LONG TERM TENANT WITH PERFECT PAYMENT HISTORY.

Last Agent to Sell the Property

Joseph Bondi

PMZ Real Estate License #00887311 Listed on: 05/22/2020

PMZ Real Estate

Co-Listed By

Daniel Del Real

PMZ Real Estate License #01423976

Last Buyer's Agent

Don Wright

Hype Real Estate License #02021959

Hype Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 6,500

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Utilities

  • 220 Volts
  • Cable TV Available

Additional Features

  • 1-Story Property
  • Covered Patio or Porch
  • 6,500 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 033-070-001

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Built by MUNSON

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

6,500 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1975
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Flooring: See Remarks

Exterior Features

  • Builder Name: MUNSON
  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts,Transfer Disclosure Statement
  • Foundation: Slab
  • Listing Price: 359950.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Other
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central,Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1492
  • Lot Size Sq Ft: 6500

Rental Info

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

Multi Family

  • 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: 033-070-001
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2023
Sold by
Gonzales Patrick
Bought by
Patrick J Gonzales Trust
Current Estimated Value
$504,500

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 14, 2020
Sold by
Desousa Roger A and Desousa Gina M
Bought by
Gonzales Patrick
Seller's Agent
Joseph Bondi
PMZ Real Estate
Buyer's Agent
Don Wright
Hype Real Estate
List Price
$359,950
Sold Price
$360,000
Premium/Discount to List
$50
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$288,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2005
Sold by
Munson James C
Bought by
Desousa Roger A and Desousa Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
1.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 2003
Sold by
Munson James C
Bought by
Munson James C
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
Patrick J Gonzales Trust -- None Listed On Document
Gonzales Patrick $360,000 Chicago Title Company
Desousa Roger A $350,000 North American Title Ins Co
Munson James C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzales Patrick $288,000
Previous Owner Desousa Roger A $196,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $360,000 0.0% $185 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $359,950 -- $185 / Sq Ft
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 $4,137 $389,673 $86,593 $303,080
2024 $4,060 $382,034 $84,896 $297,138
2023 $4,175 $374,544 $83,232 $291,312
2022 $3,949 $367,200 $81,600 $285,600
2021 $3,929 $360,000 $80,000 $280,000
2020 $2,666 $235,000 $56,000 $179,000
2019 $2,665 $235,000 $56,000 $179,000
2018 $2,557 $224,000 $53,500 $170,500
2017 $2,328 $203,500 $48,500 $155,000
2016 $2,128 $185,000 $44,000 $141,000
2015 $1,800 $154,000 $44,000 $110,000
2014 $1,621 $137,500 $44,000 $93,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joseph Bondi

    PMZ Real Estate

    Section Image
  • Daniel Del Real

    Seller Co-Listing Agent in 2020

    Daniel Del Real

    PMZ Real Estate

    (209) 750-7019

    42 in this area

    878 Total Sales

    Daniel Del Real
    Section Image
  • Don Wright

    Buyer's Agent in 2020

    Don Wright

    Hype Real Estate

    (209) 495-8907

    8 in this area

    190 Total Sales

    Don Wright
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 20029176

MetroList

APN: 033-70-01

California Stanislaus County Modesto 95354 La Loma

501 Fort Sumpter Dr, Modesto, CA

Not Listed for Sale

MultiFamily

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