Seller's Agent in 2016
Richard Rand
Rand Commercial Properties
(209) 604-7524
7 Total Sales
501 Leon Ave Modesto, CA 95351
West Modesto Neighborhood
14
Beds
8
Baths
4,800
Sq Ft
31,590
Sq Ft Lot
Highlights
- 0.73 Acre Lot
- Central Heating and Cooling System
- 3-minute walk to James Marshall Park
- No HOA
About This Home
As of October 2016Very unique project in one of Modesto' s most established residential neighborhoods. Five townhouse style duplex' s representing ten individual units. Six, four bedroom two bath units (approx. 1,300 sf each) and four, three bedroom two bath units (approx. 1,100 sf each). Each unit boasts a single car garage, w/d hookup and fenced front & back yards. 7.18% CAP on actual income/expenses.
Last Agent to Sell the Property
Rand Commercial Properties License #00633804 Listed on: 07/06/2016
Last Buyer's Agent
Arnoldo Arreola
RE/MAX Star Properties License #00671401
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 0.73
Parking
- 10 Car Garage
Home Design
- Split Level Home
- Composition Roof
Additional Features
- 2-Story Property
- 0.73 Acre Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 037-039-001
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 10 Units
Building Details
- 10 Leased Units
- 99 Vacant Units
- 99 Units Leased Month-To-Month
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2016 10/14/16 | Sold | $965,000 | -2.0% | $201 / Sq Ft |
| 08/12/2016 08/12/16 | Pending | -- | -- | -- |
| 07/04/2016 07/04/16 | For Sale | $985,000 | -- | $205 / 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 | $22,003 | $1,867,192 | $129,890 | $1,737,302 |
| 2024 | $21,024 | $1,830,582 | $127,344 | $1,703,238 |
| 2023 | $20,716 | $1,794,690 | $124,848 | $1,669,842 |
| 2022 | $20,216 | $1,759,500 | $122,400 | $1,637,100 |
| 2021 | $19,023 | $1,725,000 | $120,000 | $1,605,000 |
| 2020 | $12,793 | $1,121,481 | $81,818 | $1,039,663 |
| 2019 | $11,428 | $1,003,986 | $75,429 | $928,557 |
| 2018 | $10,886 | $984,300 | $73,950 | $910,350 |
| 2017 | $10,630 | $965,000 | $72,500 | $892,500 |
| 2016 | $3,361 | $294,929 | $33,326 | $261,603 |
| 2015 | $3,318 | $290,500 | $32,826 | $257,674 |
| 2014 | $3,271 | $284,810 | $32,183 | $252,627 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Rand
-
A
Buyer's Agent in 2016
Arnoldo Arreola
RE/MAX Star Properties
Map
Source: MetroList
MLS Number: 16043249
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