NOT LISTED FOR SALE

512 12th St Modesto, CA 95354

Downtown Modesto Neighborhood

Estimated Value: $457,912

3 Beds
2.5 Baths
2,065 Sq Ft
$222/Sq Ft Est. Value

Last Sold April 05, 2012

Last sale price $133,000 $64 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $2,651/month

21 Days on Market

Highlights

  • No HOA
  • Combination Dining and Living Room
  • 1-Story Property
  • Bathtub with Shower

About This Home

As of April 2012

POSITIVE CASH FLOW, SOLID INVESTMENT PROPERTY!!! This value packed property has many options and mixed use. Zoning is C2, highest and best use. Currently has a large apartment, studio, office, and 5 self storage units with 24 hour access. 4 Separate income streams! Good rental income and downtown location make this one hard to pass. Call for your personal tour and rental breakdown information.

Last Agent to Sell the Property

Daniel Maez

HomeSmart PV & Associates License #01458050 Listed on: 01/12/2012

HomeSmart PV & Associates

Last Buyer's Agent

Richard Blevins

RE/MAX Executive License #00447593

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • Zoning described as C2 MIXED

Home Design

  • Composition Roof

Interior Spaces

  • 2,065 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 106-025-013-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,866

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Year Built: 1910
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet,Linoleum/Vinyl
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 3.00
  • Dining Room Features: Dining/Living Combo
  • Room Type: Baths Other
  • Price Per Square Foot: 64.41
  • Square Footage: 2065

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs
  • Foundation: Raised,Slab
  • Listing Price: 139750.00
  • Pool: No
  • Roof: Composition
  • View Description: Local

Garage/Parking

  • Parking Features: RV Possible,See Remarks
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: In & Connected
  • Utilities: See Remarks
  • Cooling: Evaporative Cooler,Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: C2 MIXED
  • Lot Size Acres: 0.1600
  • Lot Dimensions: X
  • Lot Size Sq Ft: 6970

Rental Info

  • Current Rent: 1947

Tax Info

  • Assessor Parcel Number: 106-025-013-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2012
Closed on
Apr 2, 2012
Sold by
Hays Eugene T and Hays Lavonda E
Bought by
Loforti Richard V and Richard V Loforti 2007 Trust
Seller's Agent
Daniel Maez
HomeSmart PV & Associates
Buyer's Agent
Richard Blevins
RE/MAX Executive
List Price
$139,750
Sold Price
$133,000
Premium/Discount to List
-$6,750
-4.83%
Current Estimated Value
$457,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,912
Avg. Annual Appreciation
9.50%
Original Mortgage
$75,026
Outstanding Balance
$52,740
Interest Rate
3.91%
Mortgage Type
Commercial
Estimated Equity
$395,937

Purchase Details

Closed on
Aug 18, 1999
Sold by
Palmer Loren H and Palmer Mary E
Bought by
Hays Eugene T and Hays Lavonda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 1999
Sold by
Palmer Loren H
Bought by
Palmer Loren H and Palmer Mary E
Source: Public Records

Range of Values:

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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
Loforti Richard V $133,000 Chicago Title Company
Hays Eugene T $85,000 First American Title Ins Co
Palmer Loren H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loforti Richard V $75,026
Previous Owner Hays Eugene T $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2012 04/05/12 Sold $133,000 -4.8% $64 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
01/12/2012 01/12/12 For Sale $139,750 -- $68 / 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
2024 $1,866 $163,769 $61,565 $102,204
2023 $1,838 $160,558 $60,358 $100,200
2022 $1,794 $157,411 $59,175 $98,236
2021 $1,687 $154,325 $58,015 $96,310
2020 $1,720 $152,744 $57,421 $95,323
2019 $1,681 $149,750 $56,296 $93,454
2018 $1,600 $146,815 $55,193 $91,622
2017 $1,562 $143,937 $54,111 $89,826
2016 $1,532 $141,115 $53,050 $88,065
2015 $1,511 $138,997 $52,254 $86,743
2014 $1,488 $136,275 $51,231 $85,044
Source: Public Records

Agents Affiliated with this Home

  • Daniel Maez

    Seller's Agent in 2012

    Daniel Maez

    HomeSmart PV & Associates

    (209) 602-8996

    50 Total Sales

    Daniel Maez
    Section Image

  • R

    Buyer's Agent in 2012

    Richard Blevins

    RE/MAX

    Section Image
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Map

Source: MetroList

MLS Number: 12002596

MetroList

APN: 106-25-13

California Stanislaus County Modesto 95354 Downtown Modesto

512 12th St, Modesto, CA

This home is located at 512 12th St, Modesto, CA 95354 since 12 January 2012 and is currently estimated at $457,912, approximately $221 per square foot. This property was built in 1910. 512 12th St is a home located in Stanislaus County with nearby schools including Wilson Elementary School, La Loma Jr High, and Peter Johansen High School.

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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