NOT LISTED FOR SALE

Estimated Value: $416,000

4 Beds
2 Baths
1,510 Sq Ft
$275/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $97,200 $64 Per Sq Ft

Est. 328% increase in value since last sale

Current estimated payment $2,299/month

98 Days on Market

About This Home

As of June 2012

REDUCED!!!!GREAT INVESTMENT PROPERTY!! Duplex in a nice loaction. Each unit features 2 bedroom, 1 bath a little over 700 squre feet... Perfect income property. Unit# 517 is ready to go and unit# 519 needs some TLC... With a little TLC This could a plus for retirement or someone looking for family. Each unit has a detached garage. SUBMIT YOUR OFFER TODAY!

Last Agent to Sell the Property

Alan Ferreira

California Pacific Brokers License #00555536 Listed on: 03/06/2012

Last Buyer's Agent

Laurence Giuntoli

HomeSmart PV & Associates License #01455417

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions: 7405

Parking

  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector
  • Free-Standing Gas Range

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity gas water
  • Assessor Parcel Number 034-002-026-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1957
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Flooring: Carpet,Tile,Wood

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 100000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Available
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1700
  • Lot Dimensions: 7405
  • Lot Size Sq Ft: 7405

Rental Info

  • Tenant Pays: Electricity,Gas,Water
  • Total # Leasable: 1

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 034-002-026-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2014
Sold by
Medeiros Fernando
Bought by
Medeiros Fernando and Fernando Medeiros Revocable Li
Current Estimated Value
$416,000

Purchase Details

Listed on
Mar 6, 2012
Closed on
Jun 21, 2012
Sold by
Bank Of America Na
Bought by
Medeiros Fernando
Seller's Agent
Alan Ferreira
California Pacific Brokers
Buyer's Agent
Laurence Giuntoli
HomeSmart PV & Associates
List Price
$121,200
Sold Price
$97,200
Premium/Discount to List
-$24,000
-19.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%

Purchase Details

Closed on
Aug 23, 2011
Sold by
Rodriguez Jose
Bought by
Bank Of America Na and The Harborview 2006 5 Trust

Purchase Details

Closed on
Aug 28, 2003
Sold by
Benson Erik S and Benson Laurie D
Bought by
Rodriguez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2000
Sold by
Testa Marshall Virginia R and Testa John Vincent Marshall Sr
Bought by
Benson Erik S and Benson Laurie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,600
Interest Rate
10.45%
Mortgage Type
Commercial
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
Medeiros Fernando -- None Available
Medeiros Fernando $97,500 None Available
Bank Of America Na $107,100 Landsafe Title
Rodriguez Jose $240,000 Fidelity National Title
Rodriguez Jose -- Fidelity National Title
Benson Erik S $104,500 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Jose $192,000
Previous Owner Benson Erik S $83,600
Closed Benson Erik S $10,000
Closed Rodriguez Jose $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $97,200 -19.8% $64 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $121,200 -- $80 / 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 $1,425 $121,823 $31,394 $90,429
2024 $1,361 $119,435 $30,779 $88,656
2023 $1,341 $117,094 $30,176 $86,918
2022 $1,308 $114,799 $29,585 $85,214
2021 $1,231 $112,549 $29,005 $83,544
2020 $1,255 $111,396 $28,708 $82,688
2019 $1,226 $109,213 $28,146 $81,067
2018 $1,167 $107,073 $27,595 $79,478
2017 $1,139 $104,974 $27,054 $77,920
2016 $1,117 $102,917 $26,524 $76,393
2015 $1,102 $101,372 $26,126 $75,246
2014 $1,085 $99,388 $25,615 $73,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12015250

MetroList

APN: 034-02-26