NOT LISTED FOR SALE

531 Olive Ave Modesto, CA 95350

Aurora Neighborhood

Estimated Value: $437,862 - $529,000

2 Beds
2 Baths
1,501 Sq Ft
$327/Sq Ft Est. Value

Last Sold April 14, 2016

Last sale price $285,000 $190 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,903/month

58 Days on Market

Highlights

  • Dumbwaiter
  • Cottage
  • Bathtub with Shower
  • No HOA
  • Covered Patio or Porch
  • Central Heating

About This Home

As of April 2016

College area home in one of Modesto's most sought after neighborhoods. Old world charm and style. 1 family has owned and loved this home. 2 bdrm/possible 3 bdrm,2 bath,original wood floors underneath carpets, partial basementt, wood burning FP,covered patio for bbq's,nicely landscaped yards,2 car grg, and a storage/workshop. Come and take look, you'll feel right at home!

Last Agent to Sell the Property

Claudia Garcia

Century 21 Select Real Estate License #01265646 Listed on: 01/13/2016

Century 21 Select Real Estate

Last Buyer's Agent

Christina Brown

Valley Home Realty License #01422892

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 6,970 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Cottage
  • Raised Foundation

Interior Spaces

  • 1,501 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Partial Basement
  • Carbon Monoxide Detectors
  • Dumbwaiter

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Separate Bedroom Exit
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry in unit
  • 220 Volts In Laundry

Additional Features

  • Covered Patio or Porch
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 109-003-038-000

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 1937
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Carpet,Wood,Linoleum/Vinyl
  • Master Bathroom Features: Shower Stall(s)
  • Master Bedroom Features: Outside Access
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 2.00
  • Basement: Partial
  • Dining Room Features: Breakfast Nook,Dining/Family Combo
  • Kitchen Features: Dumb Waiter
  • Room Type: Baths Other,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 189.87
  • Square Footage: 1501

Exterior Features

  • Construction Materials: Frame,Stucco
  • Foundation: Raised
  • Horse Property: No
  • Listing Price: 294950.00
  • Lot Features: Auto Sprinkler F&R,Curb(s)/Gutter(s),Shape Regular,Street Lights
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Roof: Tile,See Remarks

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached,Workshop in Garage

Utilities

  • Security: Carbon Mon Detector
  • Sewer: See Remarks
  • Utilities: All Public
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R1
  • Irrigation: Public District
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6970

Tax Info

  • Assessor Parcel Number: 109-003-038-000
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2016
Closed on
Apr 6, 2016
Sold by
Seversen Richard D and The Gerald A Seversen Trust
Bought by
Rettie John and Rettie Ashley
Seller's Agent
Claudia Garcia
Century 21 Select Real Estate
Buyer's Agent
Christina Brown
Valley Home Realty
List Price
$294,950
Sold Price
$285,000
Premium/Discount to List
-$9,950
-3.37%
Current Estimated Value
$491,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,216
Avg. Annual Appreciation
5.77%
Original Mortgage
$270,750
Outstanding Balance
$214,226
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$276,990

Purchase Details

Closed on
Sep 30, 2006
Sold by
Seversen Richard D
Bought by
Seversen Richard D and Seversen Donna A

Purchase Details

Closed on
Sep 14, 1998
Sold by
Seversen Eilene
Bought by
Seversen Eilene and The Eilene M Seversen Living T
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
Rettie John $285,000 First American Title Company
Seversen Richard D -- None Available
Seversen Richard D -- None Available
Seversen Eilene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rettie John $270,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2016 04/14/16 Sold $285,000 -3.4% $190 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $294,950 -- $197 / 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 $3,945 $337,376 $189,404 $147,972
2024 $3,769 $330,762 $185,691 $145,071
2023 $3,633 $324,277 $182,050 $142,227
2022 $3,543 $317,920 $178,481 $139,439
2021 $3,331 $311,687 $174,982 $136,705
2020 $3,396 $308,492 $173,188 $135,304
2019 $3,316 $302,444 $169,793 $132,651
2018 $3,155 $296,514 $166,464 $130,050
2017 $3,078 $290,700 $163,200 $127,500
2016 $775 $71,413 $15,513 $55,900
2015 $765 $70,341 $15,280 $55,061
2014 -- $68,964 $14,981 $53,983
Source: Public Records

Agents Affiliated with this Home

  • Claudia Garcia

    Seller's Agent in 2016

    Claudia Garcia

    Century 21 Select Real Estate

    (209) 844-1702

    33 Total Sales

    Claudia Garcia
    Section Image

  • C

    Buyer's Agent in 2016

    Christina Brown

    Valley Home Realty

    (209) 640-1045

    8 Total Sales

    Christina Brown
    Section Image
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Map

Source: MetroList

MLS Number: 16002167

MetroList

APN: 109-03-38

California Stanislaus County Modesto 95350 Aurora

531 Olive Ave, Modesto, CA

Not Listed for Sale

Detached

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