NOT LISTED FOR SALE

704 S Madison St Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $414,000

4 Beds
4 Baths
1,584 Sq Ft
$261/Sq Ft Est. Value

Last Sold March 12, 2015

Last sale price $172,000 $109 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,398/month

63 Days on Market

Highlights

  • No HOA
  • Central Air
  • 2-minute walk to Mellis Park
  • 4 Car Attached Garage
  • 1-Story Property

About This Home

As of March 2015

Great opportunity!! The 4 unit property is an excellent investment opportunity! 2 structures with 2 units each. Each unit has 1 bed and 1 bath, a separate backyard, and a 1 car garage.

Last Agent to Sell the Property

Chad Costa

RE/MAX Executive License #01232905 Listed on: 12/18/2014

RE/MAX Executive

Co-Listed By

Matthew Enriquez

RE/MAX Executive License #01778606

Last Buyer's Agent

Robert Wallace

RE/MAX Executive License #00840961

RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,309

Year Built

  • Built in 1937

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Raised Foundation

Interior Spaces

  • 1,584 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Separate Shower

Utilities

  • Central Air
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 101-008-037-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,309

Year Built

Built in 1937

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: Unknown
  • Year Built: 1937
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet,Linoleum/Vinyl
  • Bathroom Features: Shower Stall(s)
  • Bathrooms: 4.00
  • Dining Room Features: Space in Kitchen
  • Room Type: Baths Other
  • Price Per Square Foot: 108.59
  • Square Footage: 1584

Exterior Features

  • Construction Materials: Frame,See Remarks
  • Disclosures/Documents: CC&Rs
  • Foundation: Raised
  • Listing Price: 185000.00
  • Lot Features: See Remarks
  • Pool: No
  • Roof: See Remarks

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: See Remarks
  • Utilities: See Remarks
  • Cooling: Central
  • Heating: Wall Furnace
  • Laundry Features: Inside Area
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Tax Info

  • Assessor Parcel Number: 101-008-037-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Kellums Aron
Bought by
A Kellums Revocable Living Trust and Kellums
Current Estimated Value
$414,000

Purchase Details

Closed on
Mar 10, 2016
Sold by
Walden Rei Llc
Bought by
Kellums Aron and Hansen Alan

Purchase Details

Listed on
Dec 18, 2014
Closed on
Feb 12, 2015
Sold by
U S Bank Na
Bought by
Walden Rei Llc
Seller's Agent
Chad Costa
RE/MAX Executive
Buyer's Agent
Robert Wallace
RE/MAX Executive
List Price
$185,000
Sold Price
$172,000
Premium/Discount to List
-$13,000
-7.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%

Purchase Details

Closed on
Sep 8, 2014
Sold by
Moreno Felipe and Moreno Efren
Bought by
U S Bank Na

Purchase Details

Closed on
Dec 11, 2006
Sold by
Moreno Blanca E Castro
Bought by
Moreno Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6%
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
A Kellums Revocable Living Trust -- None Listed On Document
Kellums Aron -- None Available
Walden Rei Llc $172,000 Orange Coast Title Company
U S Bank Na $150,000 None Available
Moreno Felipe -- Alliance Title Company
Moreno Felipe $390,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kellums Aron $219,000
Previous Owner Moreno Felipe $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2015 03/12/15 Sold $172,000 -7.0% $109 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
12/18/2014 12/18/14 For Sale $185,000 -- $117 / 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 $2,309 $202,654 $43,593 $159,061
2023 $2,275 $198,682 $42,739 $155,943
2022 $2,220 $194,787 $41,901 $152,886
2021 $2,088 $190,969 $41,080 $149,889
2020 $2,129 $189,012 $40,659 $148,353
2019 $2,080 $185,307 $39,862 $145,445
2018 $1,980 $181,675 $39,081 $142,594
2017 $1,933 $178,114 $38,315 $139,799
2016 $1,896 $174,622 $37,564 $137,058
2015 $1,441 $132,500 $37,500 $95,000
2014 $1,447 $132,500 $37,500 $95,000
Source: Public Records

Agents Affiliated with this Home

  • Chad Costa

    Seller's Agent in 2015

    Chad Costa

    RE/MAX

    (209) 527-2525

    1 in this area

    47 Total Sales

    Chad Costa
    Section Image
  • Matthew Enriquez

    Seller Co-Listing Agent in 2015

    Matthew Enriquez

    RE/MAX

    (209) 840-2185

    30 Total Sales

    Matthew Enriquez
    Section Image
  • Robert Wallace

    Buyer's Agent in 2015

    Robert Wallace

    RE/MAX

    (209) 575-0231

    32 Total Sales

    Robert Wallace
    Section Image
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Map

Source: MetroList

MLS Number: 14075555

MetroList

APN: 101-08-37

California Stanislaus County Modesto 95351 West Modesto

704 S Madison St, Modesto, CA

This home is located at 704 S Madison St, Modesto, CA 95351 since 18 December 2014 and is currently estimated at $414,000, approximately $261 per square foot. This property was built in 1937. 704 S Madison St is a home located in Stanislaus County with nearby schools including Franklin Elementary School, Mark Twain Junior High School, and Modesto High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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