NOT LISTED FOR SALE

501 Leon Ave Modesto, CA 95351

West Modesto Neighborhood
14 Beds
8 Baths
4,800 Sq Ft
0.73 Acre Lot

Sale Details

Date Sold: October 14, 2016

Last sale price $965,000 $201 Per Sq Ft

39 Days on Market

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 2016

Very 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

Richard Rand

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

  • Composition Roof

Additional Features

  • 2-Story Property
  • 31,590 Sq Ft 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

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0.73 Acres

Parking

10

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1972
  • Levels: MultiSplit
  • Stories: 2
  • Number of Three Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Other

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 985000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 10
  • Parking Features: Garage,Open

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: High Density Residential
  • Lot Size Acres: 0.7252
  • Lot Size Sq Ft: 31590

Rental Info

  • Tenant Pays: Other
  • Total # Leasable: 10

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: Other
  • Number of Leased Units: 10
  • Number of Month to Month Units: 99
  • Number of Units: 10
  • Number of Vacant Units: 99
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 037-039-001

MLS Schools

  • School District (County): Stanislaus
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    Seller's Agent in 2016

    Richard Rand

    Rand Commercial Properties

    (209) 604-7524

    7 Total Sales

    Richard Rand
    Section Image

  • A

    Buyer's Agent in 2016

    Arnoldo Arreola

    RE/MAX Star Properties

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Map

Source: MetroList

MLS Number: 16043249

MetroList
California Stanislaus County Modesto 95351 West Modesto

501 Leon Ave, Modesto, CA

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