NOT LISTED FOR SALE

Estimated Value: $786,000 - $7,121,382

4 Beds
3 Baths
2,291 Sq Ft
$1,726/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $3,200,000 $1,397 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $26,443/month

18 Days on Market

Highlights

  • Private Pool
  • 58.19 Acre Lot
  • Central Air
  • Joseph A. Gregori High School Rated A-
  • No HOA
  • South Facing Home

About This Home

As of August 2019

58.19 +/- Acres in prime location. Just North of the property and adjacent to this property is the Del Rio Community. This is an upscale area with large custom homes built around the Del Rio Golf & Country Club. The property is 2 legal parcels of 57.16 ac(app 004-076-003) and 1.03 acres (apn 004-076-002). The property has been farmed in row crops and could be planted into an orchard or vineyard. Great location for a custom home built on large acreage close in to the Country Club. Property is irrigated and in the Modesto Irrigation District. Buyer to check with the county for access from St John Rd and possible future development.

Last Agent to Sell the Property

Lynn Garber

PMZ Commercial Real Estate License #01313826 Listed on: 05/24/2019

PMZ Commercial Real Estate

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $59,309

Year Built

  • Built in 1949

Lot Details

  • 58.19 Acre Lot
  • South Facing Home
  • Back Yard Fenced

Parking

  • 3 Car Garage

Home Design

  • Ranch Property
  • Raised Foundation
  • Tile Roof

Interior Spaces

  • 2,291 Sq Ft Home
  • 1-Story Property
  • Circulating Fireplace
  • Partial Basement
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Central Air
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 004-076-003-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$59,309

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached,Semi-Custom
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: No
  • Year Built: 1949
  • Accessibility Features: 0
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Dishwasher,Disposal,Hood Over Range,Microwave,Plumbed For Ice Maker
  • Fireplace Features: Circulating
  • Fireplaces: 1
  • Flooring: Carpet,Slate,Linoleum/Vinyl
  • Master Bathroom Features: Shower Stall(s),Tile,Window
  • Master Bedroom Features: Closet
  • Bathroom Features: Shower Stall(s),Tile,Tub,Window
  • Bathrooms: 3.00
  • Basement: Partial
  • Dining Room Features: Breakfast Nook,Formal Area,Formal Room
  • Kitchen Features: Tile Counter,Pantry Closet
  • Room Type: Baths Other,Dining Room,Living Room,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 1396.77
  • Square Footage: 2291

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Property Faces: South
  • Fencing: Back Yard
  • Foundation: Raised
  • Listing Price: 3200000.00
  • Lot Features: Auto Sprinkler Front,Auto Sprinkler Rear,Landscape Back,Landscape Front,Low Maintenance
  • Pool Features: Built-In,Fenced,Gunite Construction,On Lot,Pool House
  • Pool: Yes
  • Road Surface Type: Paved
  • Roof: Tile
  • Land Use: Ranch

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage Facing Front,RV Possible,RV Storage,Workshop in Garage

Utilities

  • Security: Smoke Detector
  • Sewer: Septic System
  • Utilities: Cable Available,Natural Gas Connected,TV Antenna
  • Cooling: Central
  • Electric: 220 Volts,220 Volts in Kitchen,220 Volts in Laundry
  • Heating: Central,Natural Gas
  • Laundry Features: Cabinets,Inside Room,Sink
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: A-2-40
  • Irrigation: Irrigation Connected,Private District
  • Lot Size Acres: 58.1900
  • Lot Size Sq Ft: 2534756

Tax Info

  • Assessor Parcel Number: 004-076-003-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Jul 24, 2019
Sold by
Michelotti Richard Kent
Bought by
Grewal Re Holdings Llc
Seller's Agent
Lynn Garber
PMZ Commercial Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$3,200,000
Sold Price
$3,200,000
Current Estimated Value
$3,953,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$753,691
Avg. Annual Appreciation
8.97%
Original Mortgage
$1,768,650
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 1995
Sold by
Michelotti Fred
Bought by
Michelotti Fred and Michelotti Mary Ann
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
Grewal Re Holdings Llc $3,200,000 Cypress Title
Michelotti Fred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grewal Re Holdings Llc $4,000,000
Closed Grewal Re Holdings Llc $4,000,000
Closed Grewal Re Holdings Llc $1,768,650
Closed Grewal Re Holdings Llc $1,768,650
Previous Owner Michelotti Fred $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2019 08/28/19 Sold $3,200,000 0.0% $1,397 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $3,200,000 -- $1,397 / 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 $59,309 $5,168,416 $2,694,977 $2,473,439
2023 $46,485 $4,034,184 $2,642,135 $1,392,049
2022 $32,174 $2,798,148 $2,590,329 $207,819
2021 $29,855 $2,743,284 $2,539,539 $203,745
2020 $29,100 $2,682,000 $2,513,500 $168,500
2019 $5,580 $507,903 $441,121 $66,782
2018 $5,513 $497,945 $432,472 $65,473
2017 $5,385 $488,183 $423,993 $64,190
2016 $5,245 $478,612 $415,680 $62,932
2015 $5,202 $471,424 $409,437 $61,987
2014 $5,147 $462,190 $401,417 $60,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19037096

MetroList

APN: 004-76-03