NOT LISTED FOR SALE

540 Fort Sumpter Dr Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $469,917 - $490,000

4 Beds
2 Baths
1,988 Sq Ft
$241/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $252,500 $127 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,813/month

21 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of December 2016

Great opportunity for first time buyers and investors. Live in one side, rent the other! Spacious floorplans plus 2-car garage for each unit. Don't miss out!

Last Agent to Sell the Property

Juan Sanchez

RE/MAX Gold Redwood Shores. License #01452588 Listed on: 10/05/2016

RE/MAX Gold Redwood Shores.

Last Buyer's Agent

Ricardo De La Torre

HomeSmart PV & Associates License #01204605

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,110

Year Built

  • 1977

Lot Details

  • 6,055

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,988 Sq Ft Home
  • 1-Story Property

Additional Features

  • 6,055 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

Community Details

Overview

Building Details

  • 1 Leased Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,110

Year Built

1977

Lot Details

0

Parking

2

Listing Details

  • Zoning: Residential
  • Subclass: Duplex
  • Age: 39
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Living Sq Ft: 1988
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Modesto City High

Lot Info

  • Lot Acres: 0.1390
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6033.06
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6033.06

Rental Info

  • Existing Lease Term(s): Month To Month
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2016
Closed on
Dec 28, 2016
Sold by
Romehe Antonio H
Bought by
Cunha Maria Margarida
Seller's Agent
Juan Sanchez
RE/MAX Gold Redwood Shores.
Buyer's Agent
Ricardo De La Torre
HomeSmart PV & Associates
List Price
$250,000
Sold Price
$252,500
Premium/Discount to List
$2,500
1%
Current Estimated Value
$479,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,806
Avg. Annual Appreciation
7.12%
Original Mortgage
$189,375
Outstanding Balance
$156,793
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$302,997

Purchase Details

Listed on
Oct 5, 2016
Closed on
Dec 1, 2016
Sold by
Huang Liang Chao and Huang Yu Ling
Bought by
Cunha Maria Margarida
Seller's Agent
Juan Sanchez
RE/MAX Gold Redwood Shores.
Buyer's Agent
Ricardo De La Torre
HomeSmart PV & Associates
List Price
$250,000
Sold Price
$252,500
Premium/Discount to List
$2,500
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,375
Outstanding Balance
$156,793
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$302,997

Purchase Details

Closed on
Aug 14, 2014
Sold by
Madriz Ramon M and Madriz Magdalena
Bought by
Huang Liang Chao and Huang Yu Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2001
Sold by
Madriz Ramon M and Madriz Magdalena
Bought by
Madriz Ramon M and Madriz Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
7.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2001
Sold by
Munson James C
Bought by
Madriz Ramon M and Madriz Magdalena S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
7.08%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Cunha Maria Margarida -- First American Title Company
Cunha Maria Margarida $252,500 First American Title Company
Huang Liang Chao $200,000 First American Title Company
Madriz Ramon M -- --
Madriz Ramon M $139,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunha Maria Margarida $189,375
Previous Owner Huang Liang Chao $150,000
Previous Owner Madriz Ramon M $150,000
Previous Owner Madriz Ramon M $125,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2016 12/30/16 Sold $252,500 +1.0% $127 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
10/05/2016 10/05/16 For Sale $250,000 -- $126 / Sq Ft
Source: MLSListings

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
2024 $3,110 $287,296 $68,267 $219,029
2023 $3,245 $281,664 $66,929 $214,735
2022 $3,059 $276,142 $65,617 $210,525
2021 $3,057 $270,729 $64,331 $206,398
2020 $3,014 $267,954 $63,672 $204,282
2019 $2,958 $262,701 $62,424 $200,277
2018 $2,913 $257,550 $61,200 $196,350
2017 $2,847 $252,500 $60,000 $192,500
2016 $2,319 $203,050 $44,671 $158,379
2015 $2,288 $200,000 $44,000 $156,000
2014 $1,621 $137,500 $44,000 $93,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Juan Sanchez

    RE/MAX

    Section Image

  • R

    Buyer's Agent in 2016

    Ricardo De La Torre

    HomeSmart PV & Associates

See All Agents

Map

Source: MLSListings

MLS Number: ML81627276

MLSListings

APN: 033-73-63

California Stanislaus County Modesto 95354 La Loma

540 Fort Sumpter Dr, Modesto, CA

This home is located at 540 Fort Sumpter Dr, Modesto, CA 95354 since 05 October 2016 and is currently estimated at $479,306, approximately $241 per square foot. This property was built in 1977. 540 Fort Sumpter Dr is a home located in Stanislaus County with nearby schools including Capistrano Elementary, Norman N. Glick Middle School, and Peter Johansen High School.

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