NOT LISTED FOR SALE

514 College Ave Modesto, CA 95350

Aurora Neighborhood

Estimated Value: $445,000 - $532,000

4 Beds
2 Baths
2,268 Sq Ft
$219/Sq Ft Est. Value

Last Sold December 24, 2013

Last sale price $225,000 $99 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,850/month

33 Days on Market

Highlights

  • Property is near public transit
  • Cottage
  • 1-Story Property
  • No HOA
  • Laundry Facilities

About This Home

As of December 2013

This property features hardwood floors, 2br/1ba per unit with large living/dining area, dual pane vinyl windows(mostly), as well as alley access with a garage and extra parking. This bungalow is very well kept and has long term renters. A wonderful opportunity to own an established rental property in an area with built in rental needs. It just doesn't get any better than immediately across the street from Modesto Junior College!

Last Agent to Sell the Property

Eric Rumble

HomeSmart PV & Associates License #01308556 Listed on: 09/06/2013

HomeSmart PV & Associates

Last Buyer's Agent

Eric Rumble

HomeSmart PV & Associates License #01308556 Listed on: 09/06/2013

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 5,227

Parking

  • 1 Car Garage
  • 11 Parking Spaces Included

Home Design

  • Duplex
  • Cottage
  • Composition Roof

Additional Features

  • 1-Story Property
  • 5,227 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 109-003-009-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Laundry Facilities
  • 2 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1940
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range,Free Standing Gas Oven,Gas Cook Top,Varies By Unit
  • Flooring: Carpet,Wood,Linoleum/Vinyl
  • Window Features: Dual Pane Full,Dual Pane Partial,Low E Glass Partial,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 249900.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Covered Parking Spaces: 2
  • Garage Spaces: 1
  • Parking Features: Garage,Open,1+ Space Per Unit,1 Space Per Unit

Utilities

  • Security: Security System Prewired,Smoke Detector,Unguarded Gate,Varies By Unit
  • Utilities: Cable Connected,Dish Antenna,Internet Available
  • Cooling: Ceiling Fan(s),Central,MultiUnits
  • Heating: Central,MultiUnits
  • Laundry Features: Washer/Dryer Owned

Condo/Co-op/Association

  • Association Features: Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R3
  • Lot Size Acres: 0.1200
  • Lot Size Sq Ft: 5227

Rental Info

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

Multi Family

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

Tax Info

  • Assessor Parcel Number: 109-003-009-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2019
Sold by
Denlinger Dane and Denlinger Carla
Bought by
Denlinger Dane Eric and Denlinger Carla Sue
Current Estimated Value
$495,867

Purchase Details

Listed on
Sep 6, 2013
Closed on
Dec 18, 2013
Sold by
Long Aaron and Long Heather
Bought by
Denlinger Dane and Denlinger Carla
Seller's Agent
Eric Rumble
HomeSmart PV & Associates
Buyer's Agent
Eric Rumble
HomeSmart PV & Associates
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$168,000
Outstanding Balance
$45,680
Interest Rate
4.13%
Mortgage Type
Commercial
Estimated Equity
$450,187

Purchase Details

Closed on
Jan 21, 2010
Sold by
Long Heather and Long Aaron
Bought by
Long Aaron and Long Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
4.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 1998
Sold by
Haack Roland Revocable Trust and Jack
Bought by
Kriese Robert A and Kriese Mae I
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
Denlinger Dane Eric -- None Available
Denlinger Dane $225,000 Chicago Titie Company
Long Aaron -- Chicago Title Company
Kriese Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denlinger Dane $168,000
Previous Owner Long Aaron $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2013 12/24/13 Sold $225,000 -10.0% $99 / Sq Ft
10/07/2013 10/07/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $249,900 -- $110 / 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 $3,225 $275,806 $55,157 $220,649
2024 $3,081 $270,399 $54,076 $216,323
2023 $3,036 $265,098 $53,016 $212,082
2022 $2,962 $259,901 $51,977 $207,924
2021 $2,786 $254,806 $50,958 $203,848
2020 $2,841 $252,194 $50,436 $201,758
2019 $2,775 $247,250 $49,448 $197,802
2018 $2,642 $242,403 $48,479 $193,924
2017 $2,579 $237,651 $47,529 $190,122
2016 $2,529 $232,993 $46,598 $186,395
2015 $2,495 $229,495 $45,899 $183,596
2014 $2,457 $225,000 $45,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Eric Rumble

    HomeSmart PV & Associates

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Map

Source: MetroList

MLS Number: 13053441

MetroList

APN: 109-03-09

California Stanislaus County Modesto 95350 Aurora

514 College Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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