NOT LISTED FOR SALE

504 Fort Sumpter Dr Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $462,000 - $523,000

4 Beds
2 Baths
2,208 Sq Ft
$219/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2017

Last sale price $265,000 $120 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,855 / mo

27 Days on Market

Highlights

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

About This Home

As of April 2017

Larger square footage than most duplexes on Fort Sumpter. 1104 Square Feet each side. 2 car garage for one unit. 1 car garage for the other. Units are in average condition with good market rents. Photos available for viewing interior and exterior of each unit. Offers to be subject to physical approval of interior. Offers must be negotiated before appointment. Long term tenants. Please do not disturb them.

Last Agent to Sell the Property

Joseph Bondi

PMZ Real Estate License #00887311 Listed on: 01/27/2017

PMZ Real Estate

Co-Listed By

Daniel Del Real

PMZ Real Estate License #01423976

Last Buyer's Agent

Pam Castro

Core Four Realty License #01777071

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 8,276

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Additional Features

  • 8,276 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv gas
  • Assessor Parcel Number 033-070-046-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

8,276 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1976
  • Architectural Style: Contemporary
  • Stories: 1
  • 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
  • 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: R-2
  • Lot Size Acres: 0.1900
  • Lot Size Sq Ft: 8276

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 033-070-046-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Tsegaye Hirut
Bought by
Hirut Tsegaye Living Trust and Tsegaye
Current Estimated Value
$483,561

Purchase Details

Closed on
Jul 29, 2018
Sold by
Tsegaye Hirut and Muller John
Bought by
Tsegaye Hirut

Purchase Details

Listed on
Jan 27, 2017
Closed on
Apr 26, 2017
Sold by
Pease Jeffrey and Pease Pamela
Bought by
Tsegaye Hirut and Muller John
Seller's Agent
Joseph Bondi
PMZ Real Estate
Buyer's Agent
Pam Castro
Core Four Realty
List Price
$289,950
Sold Price
$265,000
Premium/Discount to List
-$24,950
-8.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$198,750
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 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:

--
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
Hirut Tsegaye Living Trust -- None Listed On Document
Tsegaye Hirut -- None Available
Tsegaye Hirut $265,000 Chicago Title Company
Pease Jeffrey $202,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tsegaye Hirut $198,750
Previous Owner Pease Jeffrey $151,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $265,000 -8.6% $120 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $289,950 -- $131 / 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 $3,291 $304,366 $122,169 $182,197
2024 $3,230 $298,399 $119,774 $178,625
2023 $3,362 $292,549 $117,426 $175,123
2022 $3,172 $286,814 $115,124 $171,690
2021 $3,168 $281,191 $112,867 $168,324
2020 $3,123 $278,309 $111,710 $166,599
2019 $3,066 $272,853 $109,520 $163,333
2018 $3,049 $270,300 $102,000 $168,300
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

    Section Image
  • Daniel Del Real

    Seller Co-Listing Agent in 2017

    Daniel Del Real

    PMZ Real Estate

    (209) 750-7019

    43 in this area

    874 Total Sales

    Daniel Del Real
    Section Image
  • Pam Castro

    Buyer's Agent in 2017

    Pam Castro

    Core Four Realty

    (209) 612-0853

    46 Total Sales

    Pam Castro
    Section Image
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Map

Source: MetroList

MLS Number: 17004533

MetroList

APN: 033-70-46

California Stanislaus County Modesto 95354 La Loma

504 Fort Sumpter Dr, Modesto, CA

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.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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