NOT LISTED FOR SALE

Estimated Value: $253,051 - $352,000

4 Beds
2 Baths
1,664 Sq Ft
$182/Sq Ft Est. Value

Last Sold August 03, 2015

Last sale price $130,000 $78 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,715/month

141 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-Story Property
  • Cottage

About This Home

As of August 2015

Buy two houses on one lot. They're income producing units on a large sized lot and have R-3 zoning for potential with imaginative buyer. Owner may consider some short term financing for the right buyer. One house is updated with stucco exterior, central heat and air, dual pane windows, electrical panel, and more. The second is not updated and is smaller. Square feet of is only approximate and the amenities are different for each of the two homes.

Last Agent to Sell the Property

Duarte Teixeira

SVN Commercial Real Estate License #00744568 Listed on: 02/02/2015

Last Buyer's Agent

Seth Ortiz

Cornerstone Homes License #01910851

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,000

Home Design

  • Duplex
  • Cottage
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Free-Standing Electric Range

Additional Features

  • 7,000 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas sewer trash collection water
  • Assessor Parcel Number 103-023-007-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1925
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Other Equipment: Varies by Unit,None
  • Flooring: Carpet,Tile,Varies by Unit,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Stucco,Wood,Other
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 135000.00
  • Patio And Porch Features: Covered Patio,Varies by Unit,See Remarks
  • Roof: Composition

Garage/Parking

  • Parking Features: Street,Varies by Unit

Utilities

  • Security: Carbon Mon Detector,Security System Leased,Smoke Detector,Varies By Unit,See Remarks
  • Utilities: Cable Connected
  • Cooling: Ceiling Fan(s),Central,Wall Unit(s)
  • Heating: Central,Wall Furnace,Other

Condo/Co-op/Association

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

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R3
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Sewer,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

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

Tax Info

  • Assessor Parcel Number: 103-023-007-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2015
Closed on
Jul 15, 2015
Sold by
Chesson Jack C and Chesson Bessie
Bought by
Guerrero Penelope Maria Antonieta Gomez
Seller's Agent
Duarte Teixeira
SVN Commercial Real Estate
Buyer's Agent
Seth Ortiz
Cornerstone Homes
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%
Current Estimated Value
$302,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,526
Avg. Annual Appreciation
8.34%

Purchase Details

Closed on
Oct 13, 2011
Sold by
Brown Paul A and Brown Linda S
Bought by
Chesson Jack C and Chesson Bessie

Purchase Details

Closed on
Mar 11, 1996
Sold by
Ferrel E W and Ferrel Eileen T
Bought by
Brown Paul A and Brown Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.41%
Mortgage Type
Seller Take Back
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
Guerrero Penelope Maria Antonieta Gomez $130,000 Chicago Title Company
Chesson Jack C -- First American Title Insuran
Brown Paul A $70,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Paul A $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2015 08/03/15 Sold $130,000 -3.7% $78 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $135,000 -- $81 / 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 $1,874 $160,269 $44,389 $115,880
2024 $1,790 $157,127 $43,519 $113,608
2023 $1,764 $154,047 $42,666 $111,381
2022 $1,721 $151,028 $41,830 $109,198
2021 $1,619 $148,067 $41,010 $107,057
2020 $1,651 $146,550 $40,590 $105,960
2019 $1,613 $143,678 $39,795 $103,883
2018 $1,535 $140,862 $39,015 $101,847
2017 $1,439 $132,600 $38,250 $94,350
2016 $1,411 $130,000 $37,500 $92,500
2015 $557 $51,208 $26,126 $25,082
2014 $548 $50,206 $25,615 $24,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15004149

MetroList

APN: 103-23-07

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