NOT LISTED FOR SALE

534 Sunnyside Ave Modesto, CA 95355

Northeast Modesto Neighborhood

Estimated Value: $2,920,463 - $3,089,000

1 Bed
1 Bath
550 Sq Ft
$5,463/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $2,987,800 $5,432 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $18,802/month

9 Days on Market

Highlights

  • 1.56 Acre Lot
  • No HOA
  • Carpet
  • Secluded Lot
  • Landscaped
  • 1-Story Property

About This Home

As of June 2022

Colliers is pleased to present the Cottages at Sutter Commons, an investment opportunity located at 534 Sunnyside Ave, Modesto. This is an extremely unique property offering 9 separate residential buildings including eight duplexes and a single-family home. With the exception of the three-bedroom single-family home, the other sixteen units are all one-bedroom with individual yards and parking. The property is located in a central part of Modesto right behind the Sutter Medical Center on Coffee Rd. The property has had a significant amount of value add completed within the last year. A new investor will have a seamless path to bring rents to market rates!

Last Agent to Sell the Property

Andy Hodgson

Colliers Parrish Inten'l Inc. License #01796017 Listed on: 03/30/2022

Last Buyer's Agent

Kamal Bir Singh

HomeSmart PV and Associates License #02074056

HomeSmart PV and Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 1.56 Acre Lot
  • Landscaped
  • Secluded Lot

Home Design

  • Raised Foundation
  • Slab Foundation
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Parking

  • 20 Parking Spaces
  • Carport
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 034-007-019

Community Details

Overview

  • No Home Owners Association
  • 9 Buildings
  • 17 Units

Building Details

  • 17 Leased Units
  • 13 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments,House(s)
  • Property Subtype 1: 5 or More Units
  • Stories: 1
  • Year Built: 1950
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate
  • Price Per Square Foot: 297.59

Exterior Features

  • Construction Materials: Concrete, Frame
  • Foundation: Raised, Slab
  • Listing Price: 3094000.00
  • Lot Features: Secluded, Landscape Front

Garage/Parking

  • Parking Features: Off Street, Carport, Uncovered
  • Total Parking Spaces: 20.00

Utilities

  • Security: None
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, City, Electric
  • Cooling: Window Unit(s), Varies by Unit
  • Heating: Wall Furnace
  • Laundry Features: Varies by Unit, Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: BUYER TO VERIFY
  • Irrigation: See Remarks
  • Lot Size Acres: 1.5600
  • Lot Size Sq Ft: 67954.00

Rental Info

  • Total # Leasable: 17

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 17
  • Number of Month to Month Units: 13
  • Number of Units: 17

Tax Info

  • Assessor Parcel Number: 034-007-019
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2021
Sold by
Corral Mh Llc
Bought by
Campus Portfolio Llc
Current Estimated Value
$3,004,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Outstanding Balance
$1,878,219
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$1,126,513

Purchase Details

Listed on
Apr 24, 2013
Closed on
Aug 27, 2013
Sold by
Avendano Alvaro L
Bought by
Corral Mh Llc
Seller's Agent
David Aguero
Grupe Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%

Purchase Details

Closed on
Nov 24, 2003
Sold by
Avendano Alvaro L
Bought by
Avendano Alvaro L and Avendano Hilda
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
Campus Portfolio Llc $1,800,000 North American Title Co Inc
Corral Mh Llc $1,000,000 Chicago Title Company
Avendano Alvaro L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campus Portfolio Llc $2,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2022 06/13/22 Sold $2,987,800 -3.4% $5,432 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $3,094,000 +209.4% $5,625 / Sq Ft
09/11/2013 09/11/13 Sold $1,000,000 -16.7% $347 / Sq Ft View Prior Sale
07/09/2013 07/09/13 Pending -- -- --
04/24/2013 04/24/13 For Sale $1,200,000 -- $417 / 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 $37,082 $3,170,887 $505,134 $2,665,753
2024 $35,421 $3,108,714 $495,230 $2,613,484
2023 $34,900 $3,047,760 $485,520 $2,562,240
2022 $20,924 $1,836,000 $484,500 $1,351,500
2021 $12,382 $1,132,503 $209,511 $922,992
2020 $12,625 $1,120,891 $207,363 $913,528
2019 $12,334 $1,098,914 $203,298 $895,616
2018 $11,741 $1,077,367 $199,312 $878,055
2017 $11,461 $1,056,243 $195,404 $860,839
2016 $11,241 $1,035,533 $191,573 $843,960
2015 $11,090 $1,019,979 $188,696 $831,283
2014 $10,918 $1,000,000 $185,000 $815,000
Source: Public Records

Agents Affiliated with this Home

  • Andy Hodgson

    Seller's Agent in 2022

    Andy Hodgson

    Colliers Parrish Inten'l Inc.

    (209) 475-5110

    1 in this area

    52 Total Sales

    Andy Hodgson
    Section Image
  • Kamal Bir Singh

    Buyer's Agent in 2022

    Kamal Bir Singh

    HomeSmart PV and Associates

    (209) 969-0006

    1 in this area

    34 Total Sales

    Kamal Bir Singh
    Section Image

  • D

    Seller's Agent in 2013

    David Aguero

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2013

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 222037898

MetroList

APN: 034-07-19

California Stanislaus County Modesto 95355 Northeast Modesto

534 Sunnyside Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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