NOT LISTED FOR SALE

Estimated Value: $337,835 - $361,000

3 Beds
2 Baths
1,316 Sq Ft
$266/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $198,000 $150 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,087/month

5 Days on Market

Highlights

  • Tudor Architecture
  • No HOA
  • 1-Story Property

About This Home

As of February 2018

Great investment property w 2 detached homes in one lot. Main home has 2bd/1bth & rented at $550/mth. 2nd home a 1bd/1bth & rented at $400/mth. As you can tell, the rents are very very low. The homes need repairs, once the repaired & looking great, the rents should be closer to $800 and $700/mth. Very unique situation with this being a corner lot & each home facing a difference street, if you install a fence between the 2 homes no one would know they are on both on the same lot.

Last Agent to Sell the Property

Victor Barraza

PMZ Real Estate License #01044484 Listed on: 01/05/2018

PMZ Real Estate

Last Buyer's Agent

Victor Barraza

PMZ Real Estate License #01044484 Listed on: 01/05/2018

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,830 Sq Ft Lot

Home Design

  • Duplex
  • Tudor Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Laminate Flooring

Parking

  • 1 Parking Space Included
  • 2 Covered Spaces

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $500
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 102-010-021

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Oral Lease Type

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

7,830 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1925
  • Accessibility Features: 0
  • Architectural Style: Tudor
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range
  • Flooring: Laminate

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 189900.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 2
  • Parking Features: Carport,Street,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Extra Storage,Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1798
  • Lot Dimensions: 58X135
  • Lot Size Sq Ft: 7830

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 500
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 102-010-021

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2018
Closed on
Feb 7, 2018
Sold by
Nevarez Enrique and Nevarez Dee Ann
Bought by
Hernandez Barba Gerardo
Seller's Agent
Victor Barraza
PMZ Real Estate
Buyer's Agent
Victor Barraza
PMZ Real Estate
List Price
$189,900
Sold Price
$198,000
Premium/Discount to List
$8,100
4.27%
Current Estimated Value
$349,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,418
Avg. Annual Appreciation
7.23%
Original Mortgage
$148,500
Outstanding Balance
$125,476
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$223,942

Purchase Details

Listed on
Jan 5, 2018
Closed on
Feb 6, 2018
Sold by
Hernandez Isabel
Bought by
Hernandez Barba Gerardo
Seller's Agent
Victor Barraza
PMZ Real Estate
Buyer's Agent
Victor Barraza
PMZ Real Estate
List Price
$189,900
Sold Price
$198,000
Premium/Discount to List
$8,100
4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Outstanding Balance
$125,476
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$223,942

Purchase Details

Closed on
May 28, 1996
Sold by
Nevarez Enrique and Nevarez Dee Ann
Bought by
Nevarez Enrique and Nevarez Dee Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,744
Interest Rate
7.96%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hernandez Barba Gerardo $198,000 Stewart Title Of California
Hernandez Barba Gerardo -- Stewart Title
Nevarez Enrique -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Barba Gerardo $148,500
Previous Owner Nevarez Enrique $28,744
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2018 02/09/18 Sold $198,000 +4.3% $150 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $189,900 -- $144 / 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 $2,634 $225,285 $125,158 $100,127
2024 $2,516 $220,868 $122,704 $98,164
2023 $2,479 $216,539 $120,299 $96,240
2022 $2,419 $212,294 $117,941 $94,353
2021 $2,276 $208,132 $115,629 $92,503
2020 $2,320 $205,999 $114,444 $91,555
2019 $2,267 $201,960 $112,200 $89,760
2018 $1,330 $122,000 $45,000 $77,000
2017 $1,204 $111,000 $41,000 $70,000
2016 $1,096 $101,000 $37,500 $63,500
2015 $913 $84,000 $37,500 $46,500
2014 $819 $75,000 $37,500 $37,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18000970

MetroList

APN: 102-10-21

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