NOT LISTED FOR SALE

Estimated Value: $559,000 - $713,000

4 Beds
4 Baths
2,848 Sq Ft
$220/Sq Ft Est. Value

Last Sold March 10, 2015

Last sale price $299,000 $105 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,643/month

90 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • Central Heating and Cooling System

About This Home

As of March 2015

Great investment opportunity! Convenient Downtown location. Updated units with slate/granite and hardwood floors.

Last Agent to Sell the Property

Denise Cash

Century 21 Select Real Estate License #01224079 Listed on: 10/31/2014

Century 21 Select Real Estate

Last Buyer's Agent

Katrina Dew

The 3 Step Realty Group License #01932887

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,014

Year Built

  • Built in 1915

Lot Details

  • 6,970

Parking

  • 4 Open Parking Spaces

Home Design

  • Quadruplex
  • Victorian Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 106-008-015

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 2 Vacant Units
  • 2,574 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,014

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1915
  • Architectural Style: Victorian
  • Stories: 2
  • Number of One Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range,Gas Cook Top,Microwave
  • Other Equipment: None
  • Flooring: Stone,Wood

Exterior Features

  • Construction Materials: Frame,Lap Siding,Wood
  • Disclosures/Documents: See Remarks
  • Listing Price: 305000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: 1 Space Per Unit

Utilities

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

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: C2

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 4

Multi Family

  • Gross Income: 30300
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 4
  • Number of Month to Month Units: 2574
  • Number of Units: 4
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 106-008-015

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2014
Closed on
Mar 5, 2015
Sold by
Schmidt Michael F
Bought by
Villalobos Adrian H
Seller's Agent
Denise Cash
Century 21 Select Real Estate
Buyer's Agent
Katrina Dew
The 3 Step Realty Group
List Price
$315,000
Sold Price
$299,000
Premium/Discount to List
-$16,000
-5.08%
Current Estimated Value
$626,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,369
Avg. Annual Appreciation
7.81%
Original Mortgage
$224,250
Outstanding Balance
$173,565
Interest Rate
3.57%
Mortgage Type
Commercial
Estimated Equity
$487,107

Purchase Details

Closed on
Mar 19, 2012
Sold by
Bkt Investment Properties Llc
Bought by
Schmidt Michael F

Purchase Details

Closed on
Aug 25, 2010
Sold by
Coates Brian and Coates Kimberly
Bought by
Bkt Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
4.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 2010
Sold by
Coates Brian and Coates Kimberly
Bought by
Coates Brian and Coates Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
4.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2009
Sold by
Jamke
Bought by
Coates Brian and Coates Kimberly

Purchase Details

Closed on
Jun 15, 2009
Sold by
Matthews Johnny Stanley
Bought by
Jamke

Purchase Details

Closed on
Apr 11, 2005
Sold by
Matthews Tamara Gail
Bought by
Matthews Johnny Stanely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,500
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
May 6, 1995
Sold by
Wolff Robert M and Wolff Lynn
Bought by
Matthews Johnny Stanley and Matthews Tamara Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,250
Interest Rate
9.49%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Villalobos Adrian H $299,000 Old Republic
Schmidt Michael F $199,000 Chicago Title Company
Bkt Investment Properties Llc -- None Available
Coates Brian -- None Available
Coates Brian -- None Available
Coates Brian $170,000 Old Republic Title Company
Jamke $75,819 None Available
Matthews Johnny Stanely -- Alliance Title Company
Matthews Johnny Stanley $107,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villalobos Adrian H $224,250
Previous Owner Coates Brian $129,500
Previous Owner Matthews Johnny Stanely $359,500
Previous Owner Matthews Johnny Stanley $273,000
Previous Owner Matthews Johnny Stanley $78,748
Previous Owner Matthews Johnny Stanley $75,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2015 03/10/15 Sold $299,000 -5.1% $105 / Sq Ft
01/29/2015 01/29/15 Pending -- -- --
10/31/2014 10/31/14 For Sale $315,000 -- $111 / 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
2024 $4,014 $352,297 $82,475 $269,822
2023 $3,955 $345,390 $80,858 $264,532
2022 $3,859 $338,619 $79,273 $259,346
2021 $3,630 $331,980 $77,719 $254,261
2020 $3,701 $328,577 $76,923 $251,654
2019 $3,615 $322,135 $75,415 $246,720
2018 $3,442 $315,820 $73,937 $241,883
2017 $3,360 $309,629 $72,488 $237,141
2016 $3,295 $303,559 $71,067 $232,492
2015 $2,261 $207,974 $67,931 $140,043
2014 $2,226 $203,901 $66,601 $137,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14068640

MetroList

APN: 106-08-15