Ben Bazar
RE/MAX Executive
(209) 497-5769
82 Total Sales
1 in Downtown Modesto
$327,500 Price
720 18th St Modesto, CA 95354
Downtown Modesto Neighborhood
1
Bed
1
Bath
450
Sq Ft
0.48
Acre Lot
Highlights
- 0.48 Acre Lot
- Security Gate
- 1-Story Property
- No HOA
- Carpet
About This Home
As of November 2022Welcome to the 18th Street Apartments, located at 720 18th St, Modesto, Califonia. This property is comprised of three separate buildings on nearly half an acre in Downtown Modesto. Residents are within walking distance to Smart & Final, Starbucks, and other retailers. The 18th Street Apartments are comprised of (12) one-bedroom apartments and (4) studio apartments for a total of 16 units. Each unit is separately metered and has its own water heater, window AC unit,and baseboard heater. Investors will see an opportunity to bring rents to market and capitalize on the 20-25% loss to lease.
Last Agent to Sell the Property
Colliers Parrish Inten'l Inc. License #01796017 Listed on: 06/28/2022
Last Buyer's Agent
Colliers Parrish Inten'l Inc. License #01796017 Listed on: 06/28/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 21,039 Sq Ft Lot
Home Design
- Raised Foundation
- Stucco
Interior Spaces
- 1-Story Property
- Security Gate
Flooring
- Carpet
- Laminate
Parking
- 13 Parking Spaces
- Off-Street Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 106-001-011
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 16 Units
Building Details
- 16 Leased Units
- 16 Units Leased Month-To-Month
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2022
Closed on
Oct 28, 2022
Sold by
720 18Th Street Partners Llc
Bought by
Seller's Agent
Andy Hodgson
Colliers Parrish Inten'l Inc.
Buyer's Agent
Andy Hodgson
Colliers Parrish Inten'l Inc.
List Price
$2,195,000
Sold Price
$1,920,000
Premium/Discount to List
-$275,000
-12.53%
Views
17
Purchase Details
Closed on
Mar 14, 2019
Sold by
South Main Manor Llc
Bought by
720 18Th Street Partners Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.4%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 28, 2017
Sold by
Furtado Manohar R and Manohar Chitra F
Bought by
South Main Manor Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3.82%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 18, 2013
Sold by
Diaz Pedro J
Bought by
Furtado Manohar R and Manohar Chitra F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.53%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 10, 2004
Sold by
Diaz Pedro J and Diaz Cecile E
Bought by
Diaz Pedro J and Diaz Cecile E
Purchase Details
Closed on
Apr 5, 2004
Sold by
Boehm Nellie I R
Bought by
Diaz Pedro J and Diaz Cecile E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,750
Interest Rate
5.37%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 31, 1994
Sold by
Boehm Donald
Bought by
Boehm Nellie I R
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Modesto, CA
-
Ben Bazar
-
Angeles Lomeli
Angeles Lomeli
Lifestyle Realty
(209) 219-3822
110 Total Sales
1 in Downtown Modesto
$435,000 Price
-
Pamela Harmon
Pamela Harmon
PMZ Real Estate
(209) 502-2442
146 Total Sales
2 in Downtown Modesto
$390K - $725K Price Range
-
Bethany Mendoza
Bethany Mendoza
PMZ Real Estate
(209) 287-3307
287 Total Sales
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$310K - $390K Price Range
-
Tony Mendoza
Tony Mendoza
PMZ Real Estate
(209) 353-9595
149 Total Sales
4 in Downtown Modesto
$325K - $390K Price Range
-
Dale DeBoer
Dale DeBoer
DeBoer Real Estate
(209) 299-7207
11 Total Sales
4 in Downtown Modesto
$280K - $315K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $949,000 | Old Republic Title | ||
| 720 18Th Street Partners Llc | $1,400,000 | Chicago Title | |
| South Main Manor Llc | $850,000 | Fidelity National Title Co | |
| Furtado Manohar R | $683,000 | Chicago Title Company | |
| Diaz Pedro J | -- | -- | |
| Diaz Pedro J | -- | First American Title Co | |
| Boehm Nellie I R | -- | Chicago Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,000,000 | ||
| Previous Owner | Street Partners Llc | $980,000 | |
| Previous Owner | 720 18Th Street Partners Llc | $140,000 | |
| Previous Owner | 720 18Th Street Parnters Llc | $700,000 | |
| Previous Owner | South Main Manor Llc | $350,000 | |
| Previous Owner | South Main Manor Llc | $512,000 | |
| Previous Owner | South Main Manor Llc | $510,000 | |
| Previous Owner | Furtado Manohar R | $135,000 | |
| Previous Owner | Furtado Manohar R | $255,000 | |
| Previous Owner | Furtado Manohar R | $400,000 | |
| Previous Owner | Diaz Pedro J | $666,750 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/02/2022 11/02/22 | Sold | $1,920,000 | 0.0% | $4,267 / Sq Ft |
| 11/01/2022 11/01/22 | Off Market | $1,920,000 | -- | -- |
| 08/17/2022 08/17/22 | Pending | -- | -- | -- |
| 08/09/2022 08/09/22 | Price Changed | $1,995,000 | -9.1% | $4,433 / Sq Ft |
| 06/28/2022 06/28/22 | For Sale | $2,195,000 | -- | $4,878 / Sq Ft |
Source: MetroList
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $23,354 | $1,997,022 | $140,454 | $1,856,568 |
| 2024 | $22,311 | $1,958,130 | $137,700 | $1,820,430 |
| 2023 | $21,986 | $1,920,000 | $135,000 | $1,785,000 |
| 2022 | $16,764 | $1,470,982 | $136,652 | $1,334,330 |
| 2021 | $15,770 | $1,442,395 | $133,973 | $1,308,422 |
| 2020 | $16,096 | $1,429,040 | $132,600 | $1,296,440 |
| 2019 | $9,728 | $866,740 | $76,500 | $790,240 |
| 2018 | $9,263 | $850,000 | $75,000 | $775,000 |
| 2017 | $7,819 | $720,626 | $79,217 | $641,409 |
| 2016 | $7,688 | $708,171 | $77,664 | $630,507 |
| 2015 | $7,571 | $696,366 | $76,498 | $619,868 |
| 2014 | $7,457 | $683,000 | $75,000 | $608,000 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Hodgson
Seller's Agent in 2022
Andy Hodgson
Colliers Parrish Inten'l Inc.
(209) 475-5110
2 in this area
55 Total Sales
Map
Source: MetroList
MLS Number: 222086284
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