NOT LISTED FOR SALE

708 River Rd Modesto, CA 95351

Bystorm Neighborhood

Estimated Value: $361,000 - $479,396

-- Bed
4 Baths
1,156 Sq Ft
$363/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $310,000 $268 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,552/month

28 Days on Market

Highlights

  • 0.54 Acre Lot
  • No HOA
  • Tile Flooring
  • Contemporary Architecture
  • Covered Deck
  • Heating Available

About This Home

As of November 2018

Six studios, located on over one half acre. all units refurbished recently, new roof, new windows, covered cement patio, new roof, 100 feet by 24 feet cement slab in place for additional units or storage or shop. Only five studios, permitted. Buyer or and Buyers agent check with city for permits. Units not on separate meters.

Last Agent to Sell the Property

LeRoy Johnson

Matel REALTORS License #01212980 Listed on: 09/06/2018

Last Buyer's Agent

John E. Peace

Home America Real Estate License #00956016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 0.54

Parking

  • 1 Parking Space Included

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Utilities

  • Heating Available
  • 220 Volts

Additional Features

  • Covered Deck
  • 0.54 Acre Lot

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 038-008-002-000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 3 Vacant Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1947
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater,Varies By Unit
  • Flooring: Tile

Exterior Features

  • Construction Materials: Block,Stone,Stucco,Wood
  • Disclosures/Documents: None
  • Listing Price: 359000.00
  • Patio And Porch Features: Covered Deck
  • Roof: Composition

Garage/Parking

  • Parking Features: Open,1+ Space Per Unit

Utilities

  • Cooling: Other
  • Electric: 220 Volts
  • Heating: Electric

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: multi family
  • Lot Size Acres: 0.5400
  • Lot Size Sq Ft: 23522

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 6

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 3
  • Number of Units: 6
  • Number of Vacant Units: 3
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 038-008-002-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Nov 27, 2018
Sold by
Singh Malkeet and Singh Bajeet K
Bought by
Aminian Valeh
Seller's Agent
LeRoy Johnson
Matel REALTORS
Buyer's Agent
John E. Peace
Home America Real Estate
List Price
$359,000
Sold Price
$310,000
Premium/Discount to List
-$49,000
-13.65%
Current Estimated Value
$420,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,198
Avg. Annual Appreciation
4.39%
Original Mortgage
$232,500
Outstanding Balance
$204,437
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$215,761

Purchase Details

Closed on
Oct 19, 2011
Sold by
Singh Jessica M
Bought by
Singh Malkeet and Baljeet K Baljeet K

Purchase Details

Closed on
Apr 23, 2009
Sold by
Robles Juan M and Robles Magdalena G
Bought by
Singh Jessica M

Purchase Details

Closed on
Oct 26, 2005
Sold by
Robles Magdalena Geraldine
Bought by
Robles Juan M and Robles Magdalena G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 15, 2004
Sold by
Robles Juan Matias
Bought by
Robles Magdalena Geraldine

Purchase Details

Closed on
Apr 27, 1999
Sold by
Cravey Roy C and Cravey Georgette
Bought by
Robles Juan Matias and Robles Magdalena Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Aminian Valeh $310,000 Old Republic Title Co
Aminian Valeh -- Old Republic Title Co
Singh Malkeet -- None Available
Singh Jessica M $75,000 Chicago Title Company
Robles Juan M -- Old Republic
Robles Magdalena Geraldine -- --
Robles Juan Matias $65,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aminian Valeh $232,500
Previous Owner Robles Juan M $300,000
Previous Owner Robles Juan Matias $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $310,000 -13.6% $268 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $359,000 -- $311 / 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 $4,205 $345,807 $104,857 $240,950
2024 $4,024 $339,027 $102,801 $236,226
2023 $3,967 $332,381 $100,786 $231,595
2022 $3,875 $325,864 $98,810 $227,054
2021 $3,654 $319,475 $96,873 $222,602
2020 $3,723 $316,200 $95,880 $220,320
2019 $3,640 $310,000 $94,000 $216,000
2018 $1,086 $84,874 $43,003 $41,871
2017 $1,064 $83,210 $42,160 $41,050
2016 $1,047 $81,580 $41,334 $40,246
2015 $1,031 $80,356 $40,714 $39,642
2014 $1,018 $78,783 $39,917 $38,866
Source: Public Records

Agents Affiliated with this Home

  • LeRoy Johnson

    Seller's Agent in 2018

    LeRoy Johnson

    Matel REALTORS

    (209) 481-2953

    1 in this area

    10 Total Sales

    LeRoy Johnson
    Section Image

  • J

    Buyer's Agent in 2018

    John E. Peace

    Home America Real Estate

    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 18061239

MetroList

APN: 038-08-02

California Stanislaus County Modesto 95351 Bystorm

708 River Rd, Modesto, CA

Not Listed for Sale

MultiFamily

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.

Nearby Homes