NOT LISTED FOR SALE

609 Palm Ave Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $377,000 - $432,000

2 Beds
1.5 Baths
1,385 Sq Ft
$292/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $259,000 $187 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,393/month

22 Days on Market

Highlights

  • 0.34 Acre Lot
  • No HOA
  • Covered Patio or Porch
  • 1 Fireplace
  • Cottage
  • Living Room

About This Home

As of July 2016

Wonderfully unique property with character and charm. Renovated by the former owner, this home is like new! Boasting a huge lot, over 1/3 an acre, the possibilities are endless! Extend the garage and add a shop. Park your RVs, boats and toys. Add a pool, a playground, a garden. Just use your imagination!

Last Agent to Sell the Property

Melissa Staley

HomeSmart PV & Associates License #01116453 Listed on: 05/17/2016

HomeSmart PV & Associates

Last Buyer's Agent

Frank Babaian

HomeSmart PV & Associates License #01781761

HomeSmart PV & Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions: 100
  • South Facing Home
  • Back Yard Fenced

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Cottage
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,385 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Covered Patio or Porch
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 112-002-020-000

Home Details

Home Type

Single Family

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1940
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Remodeled/Updated Desc: Bath 0-5YR,Bed 0-5YR,Kitchen 0-5YR,Other-Rmks 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Oven,Free Standing Gas Range,Microwave,Plumbed For Ice Maker
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Flooring: Carpet,Laminate,Tile
  • Bathroom Features: Shower Stall(s),Tile,Tub,Window
  • Bathrooms: 2.00
  • Dining Room Features: Dining/Living Combo,Formal Area,Space in Kitchen
  • Kitchen Features: Granite Counter,Pantry Cabinet
  • Room Type: Baths Other,Bonus Room
  • Price Per Square Foot: 187.00
  • Square Footage: 1385
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco
  • Property Faces: South
  • Disclosures/Documents: CC&Rs,TDS Available
  • Fencing: Back Yard
  • Foundation: Raised
  • Home Warranty: Yes
  • Horse Property: No
  • Listing Price: 259000.00
  • Lot Features: Auto Sprinkler Front,Landscape Front,Shape Regular
  • Patio And Porch Features: Covered Patio
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached,Garage Door Opener,Garage Facing Front,RV Possible,Uncovered Parking Spaces 2+

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: In & Connected
  • Utilities: All Public,Dish Antenna,Natural Gas Connected
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts,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: Res
  • Irrigation: Public District
  • Lot Size Acres: 0.3352
  • Lot Dimensions: 100 x 147
  • Lot Size Sq Ft: 14601

Tax Info

  • Assessor Parcel Number: 112-002-020-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Jul 18, 2016
Sold by
Hanks Edward G and Paa Donna M
Bought by
Magdaleno Alma M
Seller's Agent
Melissa Staley
HomeSmart PV & Associates
Buyer's Agent
Frank Babaian
HomeSmart PV & Associates
List Price
$255,000
Sold Price
$259,000
Premium/Discount to List
$4,000
1.57%
Current Estimated Value
$404,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,996
Avg. Annual Appreciation
4.80%
Original Mortgage
$254,308
Outstanding Balance
$208,206
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$196,367

Purchase Details

Closed on
Jan 5, 2016
Sold by
Hanks Edward G
Bought by
Hanks Edward G and Paa Donna M

Purchase Details

Listed on
Jun 5, 2015
Closed on
Sep 25, 2015
Sold by
Tri Cross Real Estate Investments Incorp
Bought by
Hanks Edward G
Seller's Agent
Frank Dutra
Century 21 Select Real Estate
Buyer's Agent
Melissa Staley
HomeSmart PV & Associates
List Price
$259,000
Sold Price
$239,000
Premium/Discount to List
-$20,000
-7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$157,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2014
Sold by
American Residential Properties Op Lp
Bought by
Tri Cross Real Estate Investments Incorp

Purchase Details

Closed on
Oct 31, 2012
Sold by
Wills Jacquelyn Lopez
Bought by
American Residential Properties Op Lp

Purchase Details

Closed on
Sep 30, 2009
Sold by
Lopez Wills S Jacquelyn
Bought by
Lopez Claudia

Purchase Details

Closed on
Dec 8, 1993
Sold by
Lopez Wills S Jacquelyn and Lopez Jacquelyn Lopes
Bought by
Lopes Wills S Jacquelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Magdaleno Alma M $259,000 First American Title Company
Hanks Edward G -- None Available
Hanks Edward G $239,000 First American Title Company
Tri Cross Real Estate Investments Incorp $95,000 First American Title Company
American Residential Properties Op Lp -- None Available
Lopez Claudia -- None Available
Lopes Wills S Jacquelyn -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magdaleno Alma M $254,308
Previous Owner Hanks Edward G $157,000
Previous Owner Lopes Wills S Jacquelyn $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2016 07/22/16 Sold $259,000 +1.6% $187 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $255,000 +6.7% $184 / Sq Ft
09/30/2015 09/30/15 Sold $239,000 -7.7% $173 / Sq Ft View Prior Sale
07/02/2015 07/02/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $259,000 -- $187 / Sq Ft
Source: MetroList

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 $3,433 $300,586 $127,661 $172,925
2024 $3,278 $294,693 $125,158 $169,535
2023 $3,228 $288,915 $122,704 $166,211
2022 $3,148 $283,251 $120,299 $162,952
2021 $2,960 $277,698 $117,941 $159,757
2020 $3,017 $274,851 $116,732 $158,119
2019 $2,946 $269,463 $114,444 $155,019
2018 $2,803 $264,180 $112,200 $151,980
2017 $2,734 $259,000 $110,000 $149,000
2016 $2,595 $239,000 $75,000 $164,000
2015 $1,468 $135,000 $48,000 $87,000
2014 $1,157 $105,978 $25,113 $80,865
Source: Public Records

Agents Affiliated with this Home

  • Melissa Staley

    Seller's Agent in 2016

    Melissa Staley

    HomeSmart PV & Associates

    (209) 606-4040

    2 in this area

    7 Total Sales

    Melissa Staley
    Section Image
  • Frank Babaian

    Buyer's Agent in 2016

    Frank Babaian

    HomeSmart PV & Associates

    (209) 678-0856

    5 Total Sales

    Frank Babaian
    Section Image
  • Frank Dutra

    Seller's Agent in 2015

    Frank Dutra

    Century 21 Select Real Estate

    (209) 402-0222

    4 in this area

    60 Total Sales

    Frank Dutra
    Section Image
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Map

Source: MetroList

MLS Number: 16035617

MetroList

APN: 112-02-20

California Stanislaus County Modesto 95350 Central Modesto

609 Palm Ave, Modesto, CA

Not Listed for Sale

Detached

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