NOT LISTED FOR SALE

606 Downey Ave Modesto, CA 95354

La Loma Neighborhood
8 Beds
4 Baths
3,792 Sq Ft
0.51 Acres

Last Sold February 08, 2013

Last sale price $425,000 $112 Per Sq Ft

90 Days on Market

Highlights

  • 0.51 Acre Lot
  • Central Heating and Cooling System
  • 2-minute walk to Moose Park
  • No HOA
  • 1-Story Property

About This Home

As of February 2013

Very SHARP & well cared for 7 units on a quiet area. UT RM converted to Studio apt-$200/month income. RV parking area has water & electric hoop ups & dump station. Garden area for adults & Play area for kids. Enclosed Rodiron fence Tile/ composition. Allow to add another unit.

Last Agent to Sell the Property

Lien Thomas

HomeSmart PV & Associates License #00788860 Listed on: 11/08/2012

HomeSmart PV & Associates

Last Buyer's Agent

Ben Zarrin

Paymun, Inc. License #01425645

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions: 22500

Parking

  • 1 Parking Space Included

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 107-001-011

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 7 Units

Building Details

  • 7 Units Leased Month-To-Month
  • Insurance Expense $2,116
  • Operating Expense $14,976

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1978
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Electric Cook Top,Free Standing Electric Range,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,See Remarks
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 499000.00
  • Roof: Composition,Tile

Garage/Parking

  • Parking Features: Guest Parking Available,1+ Space Per Unit

Utilities

  • Security: Smoke Detector
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R3
  • Lot Size Acres: 0.5100
  • Lot Dimensions: 22500
  • Lot Size Sq Ft: 22216

Rental Info

  • Tenant Pays: Cable TV,Electricity

Multi Family

  • Operating Expense: 14976
  • Income Includes: Rent Only,See Remarks
  • Existing Lease Type: See Remarks
  • Insurance Expense: 2116
  • Number of Month to Month Units: 7
  • Number of Units: 7
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 107-001-011

MLS Schools

  • School District (County): Stanislaus

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2013 02/08/13 Sold $425,000 -14.8% $112 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
11/08/2012 11/08/12 For Sale $499,000 -- $132 / 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 $6,120 $523,343 $92,350 $430,993
2024 $5,846 $513,083 $90,540 $422,543
2023 $5,760 $503,023 $88,765 $414,258
2022 $5,620 $493,161 $87,025 $406,136
2021 $5,286 $483,492 $85,319 $398,173
2020 $5,390 $478,536 $84,445 $394,091
2019 $5,265 $469,154 $82,790 $386,364
2018 $5,013 $459,956 $81,167 $378,789
2017 $4,893 $450,938 $79,576 $371,362
2016 $4,799 $442,097 $78,016 $364,081
2015 $4,735 $435,458 $76,845 $358,613
2014 $4,661 $426,929 $75,340 $351,589
Source: Public Records

Agents Affiliated with this Home

  • Lien Thomas

    Seller's Agent in 2013

    Lien Thomas

    HomeSmart PV & Associates

    (209) 499-2860

    1 in this area

    26 Total Sales

    Lien Thomas
    Section Image

  • B

    Buyer's Agent in 2013

    Ben Zarrin

    Paymun, Inc.

    Section Image
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Map

Source: MetroList

MLS Number: 12067003

MetroList
California Stanislaus County Modesto 95350 La Loma

606 Downey Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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