NOT LISTED FOR SALE

721 Walnut Way Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $415,000 - $544,000

3 Beds
2 Baths
1,367 Sq Ft
$339/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $350,000 $256 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,802/month

185 Days on Market

Highlights

  • Contemporary Architecture
  • Covered Patio or Porch
  • Garage
  • No HOA
  • Central Heating
  • 4-minute walk to Robertson Road Park

About This Home

As of December 2018

Two houses on one lot. First house (721 Walnut Way) is 3 bedroom 2 bath, 1,367 square feet. New paint, new carpet, some new kitchen cabinets and appliances. Second house (723 Walnut Way) is 636 square feet, 2 bedroom 1 bath. Great investment, rent both out or live in one and rent the other.

Last Agent to Sell the Property

Emil Mozaffari

PMZ Real Estate License #01982054 Listed on: 06/11/2018

PMZ Real Estate

Last Buyer's Agent

Sonia Sester

Alliance Bay Realty License #00809287

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,484

Year Built

  • Built in 2006

Lot Details

  • 9,280

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Utilities

  • Central Heating
  • 220 Volts
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 9,280 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas sewer trash collection water
  • Assessor Parcel Number 037-053-045

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

Est. Annual Taxes

$4,484

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Other
  • Year Built: 2006
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Electric Cook Top,Free Standing Electric Oven,Free Standing Electric Range,Free Standing Refrigerator,Gas Water Heater
  • Flooring: Carpet,Laminate,Tile
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 385000.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Connected
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.2130
  • Lot Size Sq Ft: 9280

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: 037-053-045

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Dec 21, 2018
Sold by
Mozaffari Andre and Mozaffari Diana R
Bought by
Cuevas Maria Guadalupe
Seller's Agent
Emil Mozaffari
PMZ Real Estate
Buyer's Agent
Sonia Sester
Alliance Bay Realty
List Price
$385,000
Sold Price
$350,000
Premium/Discount to List
-$35,000
-9.09%
Current Estimated Value
$463,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,848
Avg. Annual Appreciation
4.20%

Purchase Details

Closed on
May 19, 2014
Sold by
Mozaffari Andre and Mozaffari Diana
Bought by
Andre & Diana Mozaffari Revocable Trust

Purchase Details

Closed on
Sep 25, 2006
Sold by
Almanza Ivan
Bought by
Mozaffari Andre and Mozaffari Diana

Purchase Details

Closed on
Jun 18, 2003
Sold by
Tarpening Rosalie
Bought by
Mozaffari Andre and Mozaffari Diana

Purchase Details

Closed on
May 22, 2003
Sold by
Berberian Properties Llc
Bought by
Mozaffari Andre and Mozaffari Diana
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
Cuevas Maria Guadalupe $350,000 Cypress Title Corp
Andre & Diana Mozaffari Revocable Trust -- None Available
Mozaffari Andre -- None Available
Mozaffari Andre $100,000 Fidelity National Title
Mozaffari Andre $144,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $350,000 -9.1% $256 / Sq Ft
12/19/2018 12/19/18 For Sale $385,000 +10.0% $282 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
10/23/2018 10/23/18 Off Market $350,000 -- --
06/08/2018 06/08/18 For Sale $385,000 -- $282 / 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 $4,484 $390,426 $111,550 $278,876
2024 $4,281 $382,771 $109,363 $273,408
2023 $4,217 $375,267 $107,219 $268,048
2022 $4,113 $367,910 $105,117 $262,793
2021 $3,867 $360,697 $103,056 $257,641
2020 $3,942 $357,000 $102,000 $255,000
2019 $3,928 $350,000 $100,000 $250,000
2018 $2,414 $221,500 $100,000 $121,500
2017 $1,926 $177,500 $70,000 $107,500
2016 $1,574 $145,000 $30,000 $115,000
2015 $940 $86,500 $18,500 $68,000
2014 $775 $71,000 $15,000 $56,000
Source: Public Records

Agents Affiliated with this Home

  • Emil Mozaffari

    Seller's Agent in 2018

    Emil Mozaffari

    PMZ Real Estate

    (209) 204-1773

    10 Total Sales

    Emil Mozaffari
    Section Image

  • S

    Buyer's Agent in 2018

    Sonia Sester

    Alliance Bay Realty

See All Agents

Map

Source: MetroList

MLS Number: 18038991

MetroList

APN: 037-53-45

California Stanislaus County Modesto 95351 West Modesto

721 Walnut Way, Modesto, CA

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