Seller's Agent in 2020
Joshua Reeve
PMZ Real Estate
(209) 857-2477
12 in this area
275 Total Sales
716 Empire Ave Modesto, CA 95354
La Loma NeighborhoodEstimated Value: $768,119
12
Beds
4
Baths
4,292
Sq Ft
$179/Sq Ft
Est. Value
Highlights
- No HOA
- Covered Deck
- Central Heating and Cooling System
- Double Pane Windows
About This Home
As of January 2020Great investment property!!!! Each unit consists of 3 bedrooms and 1 bath with 1073 square feet. Carpet, tile and vinyl floors. Laundry in each unit and complex was built in 2007. 2 units upstairs, 2 units downstairs with carport for each unit. Great investment opportunity with cash flow for years to come. Can be sold with lot next door as well, 712 Empire (MLS #19067513).
Last Agent to Sell the Property
PMZ Real Estate License #01986852 Listed on: 09/25/2019
Last Buyer's Agent
Peter Navarro
De Novo Real Estate License #01513045
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2007
Lot Details
- 10,000
Home Design
- Quadruplex
- Slab Foundation
- Composition Roof
Interior Spaces
- 2-Story Property
- Double Pane Windows
Parking
- 1 Parking Space Included
- 4 Covered Spaces
Utilities
- Central Heating and Cooling System
- 220 Volts
Additional Features
- Covered Deck
- 10,000 Sq Ft Lot
Listing and Financial Details
- Tenant pays for electricity gas
- Assessor Parcel Number 035-045-057
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 3 Units Leased Month-To-Month
- Insurance Expense $2,850
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2019
Closed on
Jan 22, 2020
Sold by
Flake Stanley L and Flake Lynne H
Bought by
Maldonado Jose
Seller's Agent
Joshua Reeve
PMZ Real Estate
Buyer's Agent
Peter Navarro
De Novo Real Estate
List Price
$549,000
Sold Price
$545,000
Premium/Discount to List
-$4,000
-0.73%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,119
Avg. Annual Appreciation
5.95%
Original Mortgage
$535,128
Outstanding Balance
$473,717
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$294,402
Purchase Details
Closed on
Jun 30, 2007
Sold by
S & L Safe Limited Partnership
Bought by
Hanse F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,500
Interest Rate
20%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 26, 2007
Sold by
Ramsey Warren and Mack Gary
Bought by
S & L Safe Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,500
Interest Rate
20%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 12, 2007
Sold by
Ramsey Warren and Mack Gary
Bought by
S & L Safe Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,500
Interest Rate
20%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 23, 2006
Sold by
Fidelity Income Properties Llc
Bought by
Ramsey Warren and Mack Gary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 31, 2005
Sold by
Fidelity Income Properties Llc
Bought by
Kelly Rodney R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.64%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 25, 2004
Sold by
Mini Joe
Bought by
Fidelity Income Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,500
Interest Rate
5.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 27, 1995
Sold by
Shaver Frank E and Shaver Frank F
Bought by
Shaver Leonard R and Shaver Nancy E
Purchase Details
Closed on
Jul 2, 1994
Sold by
Shaver Girtie
Bought by
Shaver Frank F
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maldonado Jose | $545,000 | Cypress Title Corporation | |
| Hanse F | $398,500 | None Available | |
| S & L Safe Lp | $798,045 | None Available | |
| S & L Safe Lp | $798,045 | None Available | |
| Ramsey Warren | -- | Fidelity Natl Title Co Of Ca | |
| Kelly Rodney R | -- | Old Republic Title Company | |
| Fidelity Income Properties Llc | -- | Fidelity Natl Title Co Of Ca | |
| Fidelity Income Properties Llc | $85,000 | First American Title Co | |
| Shaver Leonard R | -- | -- | |
| Shaver Frank F | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maldonado Jose | $535,128 | |
| Previous Owner | Hanse F | $398,500 | |
| Previous Owner | Ramsey Warren | $640,000 | |
| Previous Owner | Fidelity Income Properties Llc | $640,000 | |
| Previous Owner | Fidelity Income Properties Llc | $89,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/29/2020 01/29/20 | Sold | $545,000 | 0.0% | $127 / Sq Ft |
| 01/07/2020 01/07/20 | Pending | -- | -- | -- |
| 12/18/2019 12/18/19 | Price Changed | $544,900 | -0.7% | $127 / Sq Ft |
| 11/27/2019 11/27/19 | For Sale | $549,000 | 0.0% | $128 / Sq Ft |
| 11/18/2019 11/18/19 | Pending | -- | -- | -- |
| 10/24/2019 10/24/19 | For Sale | $549,000 | 0.0% | $128 / Sq Ft |
| 10/06/2019 10/06/19 | Pending | -- | -- | -- |
| 09/30/2019 09/30/19 | For Sale | $549,000 | 0.0% | $128 / Sq Ft |
| 09/26/2019 09/26/19 | Pending | -- | -- | -- |
| 09/25/2019 09/25/19 | For Sale | $549,000 | -- | $128 / Sq Ft |
Source: MetroList
Tax History Compared to Growth
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 | $6,970 | $596,032 | $65,616 | $530,416 |
| 2024 | $6,658 | $584,346 | $64,330 | $520,016 |
| 2023 | $6,560 | $572,889 | $63,069 | $509,820 |
| 2022 | $6,401 | $561,657 | $61,833 | $499,824 |
| 2021 | $6,020 | $550,645 | $60,621 | $490,024 |
| 2020 | $4,691 | $416,500 | $45,000 | $371,500 |
| 2019 | $4,675 | $416,500 | $45,000 | $371,500 |
| 2018 | $4,539 | $416,500 | $45,000 | $371,500 |
| 2017 | $4,107 | $378,500 | $41,000 | $337,500 |
| 2016 | $3,734 | $344,000 | $37,500 | $306,500 |
| 2015 | $3,110 | $286,000 | $37,500 | $248,500 |
| 2014 | $2,784 | $255,000 | $37,500 | $217,500 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Reeve
-
Peter Navarro
P
Buyer's Agent in 2020
Peter Navarro
De Novo Real Estate
(510) 293-9373
23 Total Sales
Map
Source: MetroList
MLS Number: 19067454
APN: 035-45-57
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