NOT LISTED FOR SALE

514 13th St Modesto, CA 95354

Downtown Modesto Neighborhood
3 Beds
4 Baths
1,772 Sq Ft
7,000 Sq Ft Lot

Last Sold March 24, 2020

Last sale price $900,000 $508 Per Sq Ft

10 Days on Market

About This Home

As of March 2020

Lets get your cash flow growing in 2020. this 9 unit complex can be sold with 621 15th st. mls# 20001964

Last Agent to Sell the Property

Jon Sump

The Home Brokerage License #01264011 Listed on: 01/11/2020

Last Buyer's Agent

Saeid Banankhah

HomeSmart PV & Associates License #01934011

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1974

Lot Details

  • 7,000

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Composition Roof

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Additional Features

  • 2-Story Property
  • 7,000 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 106-017-013-000

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Leased Units
  • Insurance Expense $10,000
  • Operating Expense $38,650
  • Net Operating Income $49,949

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,000

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1974
  • Architectural Style: Unknown
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 950000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Multi
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 9

Multi Family

  • Operating Expense: 38650
  • Income Includes: Coin Operated Equipment,Laundry,Rent Only
  • Insurance Expense: 10000
  • Number of Leased Units: 9
  • Number of Units: 9
  • Units Furnished: None
  • Gross Income Multiplier: 9.500

Tax Info

  • Assessor Parcel Number: 106-017-013-000
  • Current RE Taxes: 10000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

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

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2020 03/24/20 Sold $900,000 -5.3% $508 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $950,000 -- $536 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jon Sump

    Seller's Agent in 2020

    Jon Sump

    The Home Brokerage

    (209) 712-5476

    31 Total Sales

    Jon Sump
    Section Image
  • Saeid Banankhah

    Buyer's Agent in 2020

    Saeid Banankhah

    HomeSmart PV & Associates

    (209) 579-4901

    1 in this area

    14 Total Sales

    Saeid Banankhah
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 20001967

MetroList
California Stanislaus County Modesto 95354 Downtown Modesto

514 13th St, Modesto, CA

Not Listed for Sale

MultiFamily

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