NOT LISTED FOR SALE

516 Downing Ln Modesto, CA 95357

Estimated Value: $295,000 - $368,000

4 Beds
1 Bath
1,304 Sq Ft
$256/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $91,000 $70 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $1,873/month

81 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-Story Property
  • Converted Garage
  • Bathtub with Shower

About This Home

As of January 2013

WOW! Recently remodeled 4 Bedroom home with new carpet, paint and appliances for only $89,500! Great layout with a large backyard. Better hurry on this one!

Last Agent to Sell the Property

Neftali Alberto

West Coast Marketing Group License #01891667 Listed on: 10/26/2012

Co-Listed By

J.R. Ellis

PMZ Real Estate License #01381539

Last Buyer's Agent

J.R. Ellis

PMZ Real Estate License #01381539

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions: 6000

Parking

  • Converted Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,304 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • 220 Volts In Laundry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 009-037-021-000

Home Details

Home Type

Single Family

Year Built

Built in 1971 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1971
  • Architectural Style: Ranch
  • Stories: 1
  • Remodeled/Updated Desc: Bed 0-5YR,Kitchen 0-5YR,Other-Rmks 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet,Tile
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 1.00
  • Dining Room Features: Space in Kitchen
  • Room Type: Baths Other,Converted Garage
  • Price Per Square Foot: 69.79
  • Square Footage: 1304
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs
  • Foundation: Slab
  • Listing Price: 89500.00
  • Lot Features: Shape Regular
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Features: Converted Garage
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: In & Connected
  • Utilities: All Public
  • Cooling: See Remarks
  • Electric: 220 Volts in Laundry
  • Heating: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.1400
  • Lot Dimensions: 6000
  • Lot Size Sq Ft: 6098

Tax Info

  • Assessor Parcel Number: 009-037-021-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2018
Sold by
Tah 2015 1 Borrower Llc
Bought by
Tah 2018 1 Borrower Llc
Current Estimated Value
$333,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,965,000
Outstanding Balance
$292,364,185
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$292,030,778

Purchase Details

Closed on
May 1, 2015
Sold by
29 Sac Incu Lp
Bought by
Tah 2015-1 Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,274,000
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2013
Sold by
29 Sac Incu Lp
Bought by
29 Sac Incu Lp

Purchase Details

Listed on
Oct 26, 2012
Closed on
Jan 29, 2013
Sold by
Ridge Capital Investments Llc
Bought by
29 Sac Inc Lp
Seller's Agent
Neftali Alberto
West Coast Marketing Group
Buyer's Agent
J.R. Ellis
PMZ Real Estate
List Price
$95,000
Sold Price
$91,000
Premium/Discount to List
-$4,000
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%

Purchase Details

Listed on
Apr 24, 2012
Closed on
Aug 31, 2012
Sold by
Olguin Rachel O
Bought by
Ridge Capital Investments Llc
Seller's Agent
Joline Duran
Realty Executives of Northern California
Buyer's Agent
Teresa E Ray-Del Vigna
1st Chois Fine Homes
List Price
$57,000
Sold Price
$57,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
222.04%

Purchase Details

Closed on
Dec 14, 2010
Sold by
Olguin Rachel O
Bought by
Olguin Rachel O

Purchase Details

Closed on
Dec 13, 1994
Sold by
Martinez Sophia Sandra and Burgara Enriqueta
Bought by
Olguin Rachel O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,650
Interest Rate
9.16%
Mortgage Type
Purchase Money Mortgage
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
Tah 2018 1 Borrower Llc -- Os National Llc
Tah 2015-1 Borrower Llc -- Chicago Title Insurance Co
29 Sac Incu Lp -- None Available
29 Sac Inc Lp $91,000 First American Title Company
Ridge Capital Investments Llc $57,000 Chicago Title Company
Olguin Rachel O -- None Available
Olguin Rachel O $73,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tah 2018 1 Borrower Llc $339,965,000
Previous Owner Tah 2015-1 Borrower Llc $380,274,000
Previous Owner Olguin Rachel O $65,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2013 01/31/13 Sold $91,000 -4.2% $70 / Sq Ft
01/15/2013 01/15/13 Pending -- -- --
10/26/2012 10/26/12 For Sale $95,000 +66.7% $73 / Sq Ft
09/07/2012 09/07/12 Sold $57,000 0.0% $44 / Sq Ft View Prior Sale
07/24/2012 07/24/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $57,000 -- $44 / 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 $1,573 $112,048 $24,622 $87,426
2024 $1,541 $109,852 $24,140 $85,712
2023 $1,703 $107,699 $23,667 $84,032
2022 $1,587 $105,588 $23,203 $82,385
2021 $1,608 $103,519 $22,749 $80,770
2020 $1,581 $102,458 $22,516 $79,942
2019 $1,549 $100,450 $22,075 $78,375
2018 $1,521 $98,482 $21,643 $76,839
2017 $1,998 $144,977 $41,422 $103,555
2016 $1,956 $142,135 $40,610 $101,525
2015 $1,438 $93,238 $20,491 $72,747
2014 $1,413 $91,412 $20,090 $71,322
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Neftali Alberto

    West Coast Marketing Group

    Section Image

  • J

    Seller Co-Listing Agent in 2013

    J.R. Ellis

    PMZ Real Estate

  • J

    Seller's Agent in 2012

    Joline Duran

    Realty Executives

    Section Image

  • T

    Buyer's Agent in 2012

    Teresa E Ray-Del Vigna

    1st Chois Fine Homes

    Section Image
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Map

Source: MetroList

MLS Number: 12064814

MetroList

APN: 009-37-21

California Stanislaus County Modesto 95357

516 Downing Ln, Modesto, CA

Not Listed for Sale

Detached

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