NOT LISTED FOR SALE

Estimated Value: $448,968

1 Bed
4 Baths
-- Sq Ft
7,000 Sq Ft Lot

Last Sold July 10, 2013

Last sale price $175,000

Est. 157% increase in value since last sale

Current estimated payment $2,554/month

4 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of July 2013

Charming Cottage Downtown Modesto, 5 units in good condition. Great Investment opportunity at a Great price. Clean and ready to rent!

Last Agent to Sell the Property

Grant Western

RE/MAX Executive License #01017535 Listed on: 06/11/2013

RE/MAX Executive

Co-Listed By

Stacey Boyers-Birdsong

RE/MAX Executive License #01459921

Last Buyer's Agent

Paul Harmon

PMZ Real Estate License #01252493

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions: 50

Parking

  • Open Parking

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 106-017-007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • City Of Modesto Subdivision

Building Details

  • 5 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1926
  • Stories: 1
  • Subdivision: City of Modesto
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,See Remarks
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 180000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Cooling: Central,Window Unit(s)
  • Heating: Central

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: C-1
  • Lot Size Acres: 0.1607
  • Lot Dimensions: 50 x 140
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 5

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Vacant Units: 5
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 106-017-007

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2016
Sold by
Oliveira Thomas
Bought by
Oliveira Thomas M and Thomas M Oliveira Revocable Li
Current Estimated Value
$448,968

Purchase Details

Listed on
Jun 11, 2013
Closed on
Jul 3, 2013
Sold by
Demello Kenneth P and The Kenneth P Demello 2003 Rev
Bought by
Oliveira Thomas
Seller's Agent
Grant Western
RE/MAX Executive
Buyer's Agent
Paul Harmon
PMZ Real Estate
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%

Purchase Details

Listed on
Feb 4, 2013
Closed on
Feb 26, 2013
Sold by
Knowles Henry R and The Cecilia M Knowles Family T
Bought by
Revocab Demello Kenneth P and Revocab Kenneth P Demello 2003
Seller's Agent
Ken Elving
Matel REALTORS
Buyer's Agent
Judi Wood
Matel REALTORS
List Price
$139,950
Sold Price
$125,000
Premium/Discount to List
-$14,950
-10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
154.63%

Purchase Details

Closed on
Feb 18, 2004
Sold by
Knowles Henry R and Knowles Revocable Trust
Bought by
Knowles Henry R and Cecilia M Knowles Marital Trus

Purchase Details

Closed on
Aug 12, 1999
Sold by
Knowles Cecilia M and Knowles Henry R
Bought by
Knowles Henry R and Knowles Cecilia M

Purchase Details

Closed on
May 17, 1999
Sold by
Knowles Cecilia M
Bought by
Knowles Henry R and Knowles Cecilia M
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
Oliveira Thomas M -- None Available
Oliveira Thomas $175,000 Old Republic Title Company
Revocab Demello Kenneth P $125,000 Old Republic Title Company
Knowles Henry R -- --
Knowles Henry R -- --
Knowles Henry R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2013 07/10/13 Sold $175,000 -2.8% --
06/15/2013 06/15/13 Pending -- -- --
06/11/2013 06/11/13 For Sale $180,000 +44.0% --
02/28/2013 02/28/13 Sold $125,000 -10.7% $83 / Sq Ft View Prior Sale
02/15/2013 02/15/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $139,950 -- $93 / 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
2025 $2,508 $214,515 $61,288 $153,227
2024 $2,396 $210,310 $60,087 $150,223
2023 $2,361 $206,187 $58,909 $147,278
2022 $2,304 $202,145 $57,754 $144,391
2021 $2,167 $198,182 $56,622 $141,560
2020 $2,209 $196,151 $56,042 $140,109
2019 $2,158 $192,306 $54,944 $137,362
2018 $2,055 $188,536 $53,867 $134,669
2017 $2,006 $184,840 $52,811 $132,029
2016 $1,967 $181,217 $51,776 $129,441
2015 $1,941 $178,496 $50,999 $127,497
2014 $1,911 $175,000 $50,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13033218

MetroList

APN: 106-17-07