NOT LISTED FOR SALE

520 Bodem St Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $446,000 - $569,134

4 Beds
4 Baths
1,600 Sq Ft
$317/Sq Ft Est. Value

Last Sold August 03, 2016

Last sale price $325,000 $203 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,020/month

14 Days on Market

Highlights

  • 0.32 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of August 2016

Charming Spanish style 1 bedroom units. 2 Duplexes end to end on large lot. 2 two car garages off alley. One used for tenant storage. one used for owner storage. Big common yard area with almond, olive & orange trees. Commercial grade vintage style carpeting in each unit. Nicely landscaped grounds. Owner very hands on in the maintenance & care of these units & it shows. Rents should be $695.00 per unit. Brand new Versico Versiweld TPO commercial roofing with 20 year material warranty.

Last Agent to Sell the Property

Joseph Bondi

PMZ Real Estate License #00887311 Listed on: 06/01/2016

PMZ Real Estate

Co-Listed By

Daniel Del Real

PMZ Real Estate License #01423976

Last Buyer's Agent

Matt Irvin

Exp Realty of California Inc. License #01146115

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 0.32 Acre Lot

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Quadruplex

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 111-002-083-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • 3 Units Leased Month-To-Month
  • Operating Expense $820

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1929
  • Accessibility Features: 0
  • Architectural Style: Spanish,Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator
  • Flooring: Carpet,Wood,Linoleum/Vinyl
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 345950.00
  • Roof: Flat,Tile

Garage/Parking

  • Open Parking Spaces: 6
  • Garage Spaces: 2
  • Parking Features: 1 Space Per Unit

Utilities

  • Security: Smoke Detector
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R3
  • Lot Size Acres: 0.3200
  • Lot Dimensions: 75x187
  • Lot Size Sq Ft: 13939

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 4

Multi Family

  • Operating Expense: 820
  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 111-002-083-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jul 26, 2016
Sold by
Mueller Constance
Bought by
Mueller Kirk
Seller's Agent
Joseph Bondi
PMZ Real Estate
Buyer's Agent
Matt Irvin
Exp Realty of California Inc.
List Price
$345,950
Sold Price
$325,000
Premium/Discount to List
-$20,950
-6.06%
Current Estimated Value
$507,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,567
Avg. Annual Appreciation
4.84%
Original Mortgage
$110,000
Outstanding Balance
$87,757
Interest Rate
3.56%
Mortgage Type
Commercial
Estimated Equity
$419,810

Purchase Details

Closed on
Apr 22, 2011
Sold by
Phillips Joseph and Phillips Cindy L
Bought by
Phillips Joseph and Phillips Cindy L

Purchase Details

Closed on
Jul 1, 2005
Sold by
Phillips Joseph and Phillips Cindy L
Bought by
Phillips Joseph and Phillips Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
5.58%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2000
Sold by
Monteith Betty Joann Tr
Bought by
Phillips Joseph and Phillips Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
8.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 1993
Sold by
Monteith Betty Joann
Bought by
Monteith Betty Joann
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
Mueller Kirk -- Chicago Title Company
Mueller Kirk $325,000 Chicago Title Company
Phillips Joseph -- None Available
Phillips Joseph -- Fidelity National Title
Phillips Joseph $128,000 Fidelity National Title Co
Monteith Betty Joann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mueller Kirk $110,000
Previous Owner Phillips Joseph $102,000
Previous Owner Phillips Joseph $102,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2016 08/03/16 Sold $325,000 -6.1% $203 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $345,950 -- $216 / 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 $4,411 $377,182 $65,569 $311,613
2024 $4,213 $369,787 $64,284 $305,503
2023 $4,151 $362,537 $63,024 $299,513
2022 $4,050 $355,430 $61,789 $293,641
2021 $3,810 $348,462 $60,578 $287,884
2020 $3,885 $344,890 $59,957 $284,933
2019 $3,795 $338,129 $58,782 $279,347
2018 $3,613 $331,500 $57,630 $273,870
2017 $3,526 $325,000 $56,500 $268,500
2016 $1,804 $166,179 $88,931 $77,248
2015 $1,780 $163,684 $87,596 $76,088
2014 -- $160,479 $85,881 $74,598
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joseph Bondi

    PMZ Real Estate

    Section Image
  • Daniel Del Real

    Seller Co-Listing Agent in 2016

    Daniel Del Real

    PMZ Real Estate

    (209) 750-7019

    76 in this area

    892 Total Sales

    Daniel Del Real
    Section Image

  • M

    Buyer's Agent in 2016

    Matt Irvin

    Exp Realty of California Inc.

See All Agents

Map

Source: MetroList

MLS Number: 16034215

MetroList

APN: 111-02-83

California Stanislaus County Modesto 95350 Central Modesto

520 Bodem St, Modesto, CA

Not Listed for Sale

MultiFamily

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