NOT LISTED FOR SALE

623 Tully Rd Modesto, CA 95350

4 Beds
2 Baths
1,456 Sq Ft
0.47 Acres

Last Sold May 04, 2017

Last sale price $1,450,000 $996 Per Sq Ft

189 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Tile Flooring

About This Home

As of May 2017

Fully Renovated 16 Unit Apartment Complex located across the street from Modesto Junior College and close to downtown Modesto. 2 Buildings consisting of 12 - 2 bedroom 1 bath units and 4 - 1 bedroom 1 bath units. New Dual Pane Windows, New Interior and Exterior Paint, New Tile Floors and Granite Counters, Updated Bathrooms with Quartz Shower Enclosures, New Landscaping, Covered Parking, New Parking Lot Surfacing, On-site Laundry and more. Each unit is separately metered for gas and electric.

Last Agent to Sell the Property

Josh Smith

Valley Oak Real Estate License #01490669 Listed on: 08/10/2016

Last Buyer's Agent

Saeid Banankhah

HomeSmart PV & Associates License #01934011

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.47 Acre Lot

Parking

  • 1 Parking Space Included

Home Design

  • Flat Roof Shape

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Tile Flooring

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 115-001-012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 16 Units

Building Details

  • 16 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1964
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven,Varies By Unit
  • Other Equipment: None
  • Flooring: Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 1550000.00
  • Roof: Flat

Garage/Parking

  • Parking Features: Carport,1 Space Per Unit

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: apartment
  • Lot Size Acres: 0.4704
  • Lot Size Sq Ft: 20491

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 16

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 16
  • Number of Units: 16
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 115-001-012

MLS Schools

  • School District (County): Stanislaus
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2017 05/04/17 Sold $1,450,000 -6.5% $996 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
08/10/2016 08/10/16 For Sale $1,550,000 +85.6% $1,065 / Sq Ft
09/11/2015 09/11/15 Sold $835,000 -5.0% $402 / Sq Ft View Prior Sale
08/27/2015 08/27/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $879,000 -- $424 / 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 $19,663 $1,681,436 $179,889 $1,501,547
2024 $18,786 $1,648,736 $176,362 $1,472,374
2023 $18,505 $1,615,997 $172,904 $1,443,093
2022 $18,058 $1,584,566 $169,514 $1,415,052
2021 $16,988 $1,553,752 $166,191 $1,387,561
2020 $17,323 $1,537,954 $164,487 $1,373,467
2019 $16,925 $1,508,054 $161,262 $1,346,792
2018 $16,115 $1,478,740 $158,100 $1,320,640
2017 $13,346 $1,230,000 $75,000 $1,155,000
2016 $9,064 $835,000 $60,000 $775,000
2015 $7,212 $663,297 $80,111 $583,186
2014 $7,103 $650,579 $78,542 $572,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16052539

MetroList
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