NOT LISTED FOR SALE

523 Fort Sumpter Dr Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $431,932 - $461,000

4 Beds
2 Baths
1,950 Sq Ft
$229/Sq Ft Est. Value

Sale Details

Date Sold: February 13, 2018

Last sale price $270,000 $138 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,643 / mo

24 Days on Market

Highlights

  • A-Frame Home
  • Central Heating
  • 1-Story Property
  • No HOA
  • 2 Car Garage

About This Home

As of February 2018

Great opportunity for 1st time buyers and investors live in one side rent the other! spacious floor plans plus 2-car garage for each unit.

Last Agent to Sell the Property

Adrian Romero

PMZ Real Estate License #01818898 Listed on: 12/16/2017

PMZ Real Estate

Last Buyer's Agent

Marivel Romero

HomeSmart PV & Associates License #01871830

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 6,199

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • A-Frame Home
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Built-In Electric Range

Additional Features

  • 6,199 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 033-070-006

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

6,199 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1975
  • Architectural Style: A-Frame
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 279900.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • 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: Modesto City

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1423
  • Lot Size Sq Ft: 6199

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

  • Income Includes: See Remarks
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 033-070-006

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2017
Closed on
Jan 23, 2018
Sold by
Spiteri George Frank and Spiteri Jaclyn Jean
Bought by
Regazzi Mark A
Seller's Agent
Adrian Romero
PMZ Real Estate
Buyer's Agent
Marivel Romero
HomeSmart PV & Associates
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%
Current Estimated Value
$446,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,311
Avg. Annual Appreciation
6.31%

Purchase Details

Closed on
Oct 15, 2007
Sold by
Spiteri George and Spiteri Jaclyn Jean
Bought by
Spiteri George Frank and Spiteri Jaclyn Jean

Purchase Details

Closed on
Nov 5, 2001
Sold by
Yonan Fatima and Yonan Jack
Bought by
Spiteri George Frank and Spiteri Jaclyn Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,750
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2000
Sold by
Munson James C
Bought by
Yonan Jack and Yonan Fatima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,875
Interest Rate
7.12%
Mortgage Type
Commercial
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
Regazzi Mark A $270,000 First American Title Co
Spiteri George Frank -- None Available
Spiteri George Frank -- None Available
Spiteri George Frank $195,000 Alliance Title Company
Yonan Jack $139,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spiteri George Frank $126,750
Previous Owner Yonan Jack $103,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2018 02/13/18 Sold $270,000 -3.5% $138 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $279,900 -- $144 / Sq Ft
Source: MetroList

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 $3,321 $307,209 $130,848 $176,361
2024 $3,260 $301,186 $128,283 $172,903
2023 $3,392 $295,281 $125,768 $169,513
2022 $3,200 $289,492 $123,302 $166,190
2021 $3,196 $283,817 $120,885 $162,932
2020 $3,151 $280,908 $119,646 $161,262
2019 $3,093 $275,400 $117,300 $158,100
2018 $2,557 $224,000 $53,500 $170,500
2017 $2,328 $203,500 $48,500 $155,000
2016 $2,128 $185,000 $44,000 $141,000
2015 $1,800 $154,000 $44,000 $110,000
2014 $1,621 $137,500 $44,000 $93,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17077202

MetroList

APN: 033-70-06

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