NOT LISTED FOR SALE

612 Fort Sumpter Dr Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $490,266 - $555,000

4 Beds
2 Baths
1,976 Sq Ft
$264/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $347,000 $176 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,929/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA

About This Home

As of January 2020

Well maintained Duplex! Solid tenants with a good cash flow. CONTACT LISTING AGENT FOR FINANCIALS AND DISCLOSURES. THEY ARE AVAILABLE.

Last Agent to Sell the Property

Alberto Guardado

Real Broker License #02007623 Listed on: 11/08/2019

Real Broker

Co-Listed By

Jonathan Hogan

Hogan Real Estate License #01894328

Last Buyer's Agent

Juan Barragan

Intero Real Estate Services License #01466287

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 6,652

Parking

  • 1 Parking Space Included

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Additional Features

  • 1-Story Property
  • 6,652 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 033-073-068-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1977
  • Architectural Style: Traditional
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Range,Free Standing Gas Oven
  • Other Equipment: None
  • Flooring: Varies by Unit

Exterior Features

  • Construction Materials: Stone,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Foundation: Slab
  • Listing Price: 350000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,Street,1+ Space Per Unit

Utilities

  • Sewer: Public Sewer
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: P2
  • Lot Size Acres: 0.1527
  • Lot Size Sq Ft: 6652

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 033-073-068-000
  • Bonds/Assessments/Taxes Description: Local Assessments,Transfer Tax City
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Jan 14, 2020
Sold by
Da Orrick Llc
Bought by
Ramos Juan Jose and Ramos Lucero S
Seller's Agent
Alberto Guardado
Real Broker
Buyer's Agent
Juan Barragan
Intero Real Estate Services
List Price
$350,000
Sold Price
$347,000
Premium/Discount to List
-$3,000
-0.86%
Current Estimated Value
$499,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,624
Avg. Annual Appreciation
7.07%
Original Mortgage
$168,322
Outstanding Balance
$149,091
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$373,331

Purchase Details

Closed on
Nov 6, 2015
Sold by
Hogan Jonathan S and Hogan Patrick J
Bought by
Da Orrick Llc

Purchase Details

Closed on
Nov 27, 2014
Sold by
Da Orrick Llc
Bought by
Hogan Jonathan S and Hogan Patrick J

Purchase Details

Listed on
May 6, 2013
Closed on
Jul 26, 2013
Sold by
Lal Jitendra C and Lal Usha K L
Bought by
Da Orrick Llc
Seller's Agent
Vijay Shankar
Shankar Real Estate & Property Management
Buyer's Agent
Vijay Shankar
Shankar Real Estate & Property Management
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$123,750
Interest Rate
4.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2000
Sold by
Munson James C
Bought by
Lal Jitendra C and Lal Usha K L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
7.89%
Mortgage Type
Commercial
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
Ramos Juan Jose $347,000 Old Republic Title Company
Hogan Jonathan S -- Old Republic Title Company
Da Orrick Llc -- None Available
Hogan Jonathan S -- None Available
Da Orrick Llc $165,000 North American Title Company
Lal Jitendra C $139,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Juan Jose $168,322
Previous Owner Da Orrick Llc $123,750
Previous Owner Lal Jitendra C $111,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2020 01/24/20 Sold $347,000 -0.9% $176 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $350,000 +112.1% $177 / Sq Ft
08/15/2013 08/15/13 Sold $165,000 -8.3% $83 / Sq Ft View Prior Sale
08/15/2013 08/15/13 Pending -- -- --
05/05/2013 05/05/13 For Sale $179,900 -- $90 / 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 $4,103 $379,490 $82,021 $297,469
2024 $4,028 $372,050 $80,413 $291,637
2023 $4,144 $364,756 $78,837 $285,919
2022 $3,921 $357,605 $77,292 $280,313
2021 $3,904 $350,594 $75,777 $274,817
2020 $2,149 $186,063 $28,019 $158,044
2019 $2,109 $182,416 $27,470 $154,946
2018 $2,077 $178,840 $26,932 $151,908
2017 $2,030 $175,334 $26,404 $148,930
2016 $1,989 $171,897 $25,887 $146,010
2015 $1,963 $169,316 $25,499 $143,817
2014 $1,924 $166,000 $25,000 $141,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19076736

MetroList

APN: 033-73-68