NOT LISTED FOR SALE

515 Olive Ave Modesto, CA 95350

Aurora Neighborhood

Estimated Value: $578,859 - $664,000

3 Beds
2 Baths
2,280 Sq Ft
$277/Sq Ft Est. Value

Last Sold May 04, 2017

Last sale price $350,000 $154 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,668/month

7 Days on Market

Highlights

  • Private Pool
  • No HOA
  • Walk-In Pantry
  • 1 Fireplace
  • Cottage
  • Skylights

About This Home

As of May 2017

Cute Bungalow in the desirable College area. The home features hardwood floors, partial dual pane windows, large converted upstairs that was used as an artist studio with full bathroom. The detached garage has been converted into an artist studio and could be converted back to a garage of pool house. Large covered patio area off the garage that would be great for entertaining. This home has tons of character and will not last. Come take a look before it's gone

Last Agent to Sell the Property

Mike McClanahan

RE/MAX Executive License #01711127 Listed on: 03/17/2017

RE/MAX Executive

Last Buyer's Agent

Phil Schmidt

HomeSmart PV & Associates License #00496064

HomeSmart PV & Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 7,187 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Garage
  • 1 Carport Space

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 1 Fireplace
  • Double Pane Windows
  • Walk-In Pantry
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 109-003-035-000

Home Details

Home Type

Single Family

Year Built

Built in 1938 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1938
  • Architectural Style: Cottage/Bungalow
  • Stories: 2
  • Remodeled/Updated Desc: Other-Rmks 6-10YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Free Standing Gas Range
  • Interior Amenities: Skylight(s)
  • Fireplace Features: Family Room,Gas Piped,Insert
  • Fireplaces: 1
  • Flooring: Tile,Wood,Linoleum/Vinyl
  • Bathroom Features: Shower Stall(s),Tile
  • Bathrooms: 2.00
  • Dining Room Features: Breakfast Nook,Formal Area
  • Kitchen Features: Pantry Closet
  • Room Type: Baths Other,Bonus Room,Converted Garage,Downstairs Bedroom
  • Main Level: Bedroom(s),Full Bath(s)
  • Price Per Square Foot: 153.51
  • Square Footage: 2280
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Pest Certification Available,Pest Control Report Available
  • Fencing: Back Yard
  • Foundation: Raised
  • Listing Price: 350000.00
  • Lot Features: Auto Sprinkler F&R,Curb(s),Street Lights
  • Patio And Porch Features: Covered Patio,Uncovered Deck
  • Pool Features: Gunite Construction,On Lot
  • Pool: Yes
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 2
  • Parking Features: Converted Garage,Detached

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: See Remarks
  • Utilities: All Public
  • Cooling: Central
  • Heating: Central,Fireplace Insert
  • Laundry Features: Inside Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: res
  • Irrigation: None
  • Lot Size Acres: 0.1650
  • Lot Size Sq Ft: 7187

Tax Info

  • Assessor Parcel Number: 109-003-035-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2017
Closed on
May 1, 2017
Sold by
Sanders Nicola and Sanders Christopher Randolph
Bought by
Outin Nicholas P and Toy Christina
Seller's Agent
Mike McClanahan
RE/MAX Executive
Buyer's Agent
Phil Schmidt
HomeSmart PV & Associates
List Price
$339,900
Sold Price
$350,000
Premium/Discount to List
$10,100
2.97%
Current Estimated Value
$631,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,465
Avg. Annual Appreciation
6.99%
Original Mortgage
$315,000
Outstanding Balance
$262,271
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$369,194

Purchase Details

Closed on
May 29, 2003
Sold by
Sanders Elizabeth
Bought by
Sanders Elizabeth and Elizabeth Sanders Revocable Li
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
Outin Nicholas P $350,000 Chicago Title Company
Sanders Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Outin Nicholas P $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2017 05/04/17 Sold $350,000 +3.0% $154 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $339,900 -- $149 / 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 $4,668 $406,199 $185,692 $220,507
2024 $4,458 $398,235 $182,051 $216,184
2023 $4,391 $390,428 $178,482 $211,946
2022 $4,282 $382,774 $174,983 $207,791
2021 $4,026 $375,269 $171,552 $203,717
2020 $4,105 $371,422 $169,793 $201,629
2019 $4,008 $364,140 $166,464 $197,676
2018 $3,814 $357,000 $163,200 $193,800
2017 $726 $73,901 $15,823 $58,078
2016 $711 $72,453 $15,513 $56,940
2015 $700 $71,365 $15,280 $56,085
2014 $688 $69,968 $14,981 $54,987
Source: Public Records

Agents Affiliated with this Home

  • Mike McClanahan

    Seller's Agent in 2017

    Mike McClanahan

    RE/MAX

    (209) 985-0100

    2 in this area

    55 Total Sales

    Mike McClanahan
    Section Image
  • Phil Schmidt

    Buyer's Agent in 2017

    Phil Schmidt

    HomeSmart PV & Associates

    (209) 602-7445

    4 in this area

    45 Total Sales

    Phil Schmidt
    Section Image
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Map

Source: MetroList

MLS Number: 17014687

MetroList

APN: 109-03-35

California Stanislaus County Modesto 95350 Aurora

515 Olive Ave, Modesto, CA

Not Listed for Sale

Detached

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