NOT LISTED FOR SALE

601 N Emerald Ave Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $412,000 - $456,000

8 Beds
10 Baths
3,360 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 27, 2015

Last sale price $3,000,000 $893 Per Sq Ft

Current estimated payment $2,701/month

28 Days on Market

Highlights

  • 3.23 Acre Lot
  • Guest Parking
  • Greenbelt
  • Tile Flooring
  • Central Heating and Cooling System
  • Home Under Construction

About This Home

As of May 2015

See Brochure on LoopNet or email request for one. 37 unit cottage style units each on its own lot. 6 units were fire damaged and are currently under construction. Asking price includes completion which is expected by the end of April 2015.

Last Agent to Sell the Property

Ron Crocker

Intersection Real Estate Srvc License #01839490 Listed on: 02/02/2015

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3.23

Home Design

  • Home Under Construction
  • Composition Roof

Interior Spaces

  • 8 Bedrooms
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Concrete
  • Tile

Parking

  • Guest Parking
  • 88 Open Parking Spaces

Additional Features

  • 3.23 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 029-051-038-000

Community Details

Overview

  • 37 Buildings
  • 37 Units
  • Greenbelt

Building Details

  • Gross Income $291,648

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Directions To Property: North Emerald Drive south of Kansas Avenue
  • Lot Size Acres: 3.2300
  • Stories: 1
  • Year Built Details: Under Construction
  • ArchitecturalStyle: COTG
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Free Standing Electric Range, Microwave
  • Accessibility Features: Varies By Unit
  • Flooring: Carpet, Concrete, Tile, LVYN
  • NumberOfBuildings: 37

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Features: Guest Parking Available, Open, SP1P, SPC1
  • OpenParkingSpaces: 88

Utilities

  • Cooling: Central
  • Security Features: Secured Access, Smoke Detector
  • Heating: Central

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Features: Extra Storage, Laundry Hook-Up in Units, Patios/Balcony, Yard Space

Schools

  • Middle/Junior School District: Modesto City

Lot Info

  • Assessor Parcel Number: 029-051-038-000
  • Lot Size Sq Ft: 140699

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Multi Family

  • NumberOfUnitsTotal: 37

MLS Schools

  • Senior High School District: Modesto City
  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2015
Closed on
May 19, 2015
Sold by
Ev Modesto Llc
Bought by
The R & J Machado Revocable Trust
Seller's Agent
Ron Crocker
Intersection Real Estate Srvc
List Price
$3,000,000
Sold Price
$3,000,000
Current Estimated Value
$434,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,566,000
Avg. Annual Appreciation
-16.66%

Purchase Details

Closed on
May 10, 2013
Sold by
Willamette Capital Management Ltd
Bought by
Ev Modesto Llc
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
The R & J Machado Revocable Trust $3,000,000 Placer Title Company
Ev Modesto Llc -- First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2015 05/27/15 Sold $3,000,000 0.0% $893 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $3,000,000 -- $893 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 -- -- -- --
2024 -- -- -- --
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Ron Crocker

    Intersection Real Estate Srvc

    (707) 538-7772

    Ron Crocker
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 15006941

Bay Area Real Estate Information Services (BAREIS)

APN: 029-51-38

California Stanislaus County Modesto 95351 West Modesto

601 N Emerald Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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