Seller's Agent in 2017
Adrian Harrell
New Bridge Management
(209) 668-6700
10 Total Sales
612 16th St Modesto, CA 95354
Downtown Modesto NeighborhoodEstimated Value: $411,555
2
Beds
1
Bath
1,520
Sq Ft
$271/Sq Ft
Est. Value
Highlights
- No HOA
- Central Heating
- 1-Story Property
- Cottage
- Carpet
About This Home
As of November 2017This is a great investment opportunity. Two houses on one lot. Both units are below market. The rent could be increased with notice. This is a rare opportunity to live in one house and rent the other or just purchase the property as an investment.
Last Agent to Sell the Property
New Bridge Management License #01731848 Listed on: 09/28/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Lot Details
- 7,000
Home Design
- Cottage
- Composition Roof
Interior Spaces
- 1-Story Property
- Carpet
- Free-Standing Electric Range
Additional Features
- 7,000 Sq Ft Lot
- Central Heating
Listing and Financial Details
- Security Deposit $1,400
- Tenant pays for cable tv electricity rent only
- Assessor Parcel Number 106-005-011-000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 1,475 Units Leased Month-To-Month
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2017
Closed on
Oct 25, 2017
Sold by
Whatley Karl
Bought by
Whatley Karl and Whatley Marci E
Seller's Agent
Adrian Harrell
New Bridge Management
Buyer's Agent
Eddie Marmol
HomeSmart PV & Associates
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,555
Avg. Annual Appreciation
6.31%
Original Mortgage
$200,000
Interest Rate
3.83%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 15, 2011
Sold by
Woolf Mary M
Bought by
Woolf Mary M and Mary M Woolf Living Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Whatley Karl | -- | Chicago Title Company | |
| Whatley Karl | -- | Chicago Title Company | |
| Whatley Karl | $250,000 | Chicago Title Company | |
| Woolf Mary M | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Whatley Karl | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2017 11/03/17 | Sold | $250,000 | -9.1% | $164 / Sq Ft |
| 10/10/2017 10/10/17 | Pending | -- | -- | -- |
| 09/26/2017 09/26/17 | For Sale | $275,000 | -- | $181 / Sq Ft |
Source: MetroList
Tax History Compared to Growth
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 | $3,326 | $284,451 | $95,575 | $188,876 |
| 2024 | $3,177 | $278,874 | $93,701 | $185,173 |
| 2023 | $3,131 | $273,407 | $91,864 | $181,543 |
| 2022 | $3,055 | $268,047 | $90,063 | $177,984 |
| 2021 | $2,873 | $262,793 | $88,298 | $174,495 |
| 2020 | $2,930 | $260,099 | $87,393 | $172,706 |
| 2019 | $2,862 | $255,000 | $85,680 | $169,320 |
| 2018 | $2,975 | $250,000 | $84,000 | $166,000 |
| 2017 | $486 | $44,753 | $24,510 | $20,243 |
| 2016 | $476 | $43,877 | $24,030 | $19,847 |
| 2015 | $470 | $43,219 | $23,670 | $19,549 |
| 2014 | $463 | $42,374 | $23,207 | $19,167 |
Source: Public Records
Agents Affiliated with this Home
-
Adrian Harrell
-
Eddie Marmol
Buyer's Agent in 2017
Eddie Marmol
HomeSmart PV & Associates
(209) 496-2253
90 Total Sales
Map
Source: MetroList
MLS Number: 17063118
APN: 106-05-11
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