NOT LISTED FOR SALE

518 S Modesto Ave Stockton, CA 95203

Seaport Neighborhood

Estimated Value: $568,000 - $649,453

9 Beds
6 Baths
3,000 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $488,000 $163 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,892/month

94 Days on Market

Highlights

  • No HOA
  • 3 Car Garage
  • 1-Story Property
  • Central Heating
  • Carpet

About This Home

As of August 2020

Fully rented triplex providing great income! These 3 units are currently bringing in a total of $50,400 in rent per year! Each unit is 3 bedrooms, 2 bathrooms, with individual inside laundry. There are 3 one car garages. Units are separately metered. Close to I-5!

Last Agent to Sell the Property

Cody Lee

Prestige Realty License #01918269 Listed on: 03/27/2020

Last Buyer's Agent

Tu Le

eXp Realty of California Inc. License #02110832

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,643

Year Built

  • Built in 1992

Lot Details

  • 8,751

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Carpet

Additional Features

  • 8,751 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity gas sewer trash collection water
  • Assessor Parcel Number 145-170-37

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,643

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1992
  • Stories: 1
  • Number of Three Bedroom Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: None
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 475000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: MFR
  • Lot Size Acres: 0.2009
  • Lot Size Sq Ft: 8751

Rental Info

  • Tenant Pays: Electricity,Gas,Sewer,Trash Collection,Water
  • Total # Leasable: 3

Multi Family

  • Gross Income: 50400
  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 145-170-37
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Range of Values:

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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 Change Sq Ft Price
08/12/2020 08/12/20 Sold $488,000 +2.7% $163 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $475,000 0.0% $158 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $475,000 0.0% $158 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $475,000 +110.2% $158 / Sq Ft
07/25/2017 07/25/17 Sold $226,000 +4.1% $113 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $217,000 -- $109 / 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
2024 $6,643 $517,868 $90,202 $427,666
2023 $6,493 $507,715 $88,434 $419,281
2022 $6,203 $497,760 $86,700 $411,060
2021 $5,960 $488,000 $85,000 $403,000
2020 $2,933 $230,520 $81,600 $148,920
2019 $2,921 $226,000 $80,000 $146,000
2018 $2,341 $180,000 $60,000 $120,000
2017 $2,262 $180,000 $60,000 $120,000
2016 $1,775 $135,000 $50,000 $85,000
Source: Public Records

Agents Affiliated with this Home

  • Cody Lee

    Seller's Agent in 2020

    Cody Lee

    Prestige Realty

    (209) 679-7020

    9 in this area

    105 Total Sales

    Cody Lee
    Section Image
  • Tu Le

    Buyer's Agent in 2020

    Tu Le

    eXp Realty of California Inc.

    (408) 752-6561

    12 Total Sales

    Tu Le
    Section Image
  • Rafael Borbon

    Seller's Agent in 2017

    Rafael Borbon

    PMZ Real Estate

    (209) 747-0226

    4 in this area

    16 Total Sales

    Rafael Borbon
    Section Image
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Map

Source: MetroList

MLS Number: 20018714

MetroList

APN: 145-170-37

California San Joaquin County Stockton 95203 Seaport

518 S Modesto Ave, Stockton, CA

This home is located at 518 S Modesto Ave, Stockton, CA 95203 since 27 March 2020 and is currently estimated at $612,613, approximately $204 per square foot. This property was built in 1992. 518 S Modesto Ave is a home located in San Joaquin County with nearby schools including George Washington Elementary School, San Joaquin Elementary School, and John Marshall Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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