Seller's Agent in 2021
George Matthews
Berkshire Hathaway-Franciscan
(415) 203-1073
2 in this area
4 Total Sales
724 15th St Modesto, CA 95354
Downtown Modesto NeighborhoodEstimated Value: $1,651,000
2
Beds
13
Baths
3,720
Sq Ft
$444/Sq Ft
Est. Value
Highlights
- Cottage
- Security Gate
- Landscaped
- Side by Side Parking
- Tile Flooring
- Laundry Facilities
About This Home
As of December 2021724 15th St is an excellent investment opportunity in a premier downtown Modesto location. There is 1 2BR home and 12 studio cottages. These small homes are very popular with renters as they offer privacy and affordability. The common areas are secured by a front gate and have a shaded patio with tables and a laundry room. Common areas feature new and attractive low maintenance landscaping and fencing. The exteriors of the homes are also freshly painted. The listing agent is related to the sellers.
Last Agent to Sell the Property
Berkshire Hathaway-Franciscan License #DRE #00889564 Listed on: 09/01/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1939
Lot Details
- 10,498 Sq Ft Lot
- Landscaped
Home Design
- Cottage
- Concrete Foundation
- Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 3,720 Sq Ft Home
- 1-Story Property
- Free-Standing Gas Range
- Washer and Dryer
Flooring
- Carpet
- Tile
Home Security
- Security Gate
- Carbon Monoxide Detectors
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Side by Side Parking
- Off-Street Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
- Natural Gas Connected
Community Details
- 13 Units
- Laundry Facilities
- 13 Units Leased Month-To-Month
Listing and Financial Details
- Assessor Parcel Number 106-007-013-000
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2021
Closed on
Dec 2, 2021
Sold by
Matthews Johnny S and Matthews Tamara G
Bought by
Pedmead Lp
Seller's Agent
George Matthews
Berkshire Hathaway-Franciscan
Buyer's Agent
Andy Hodgson
Colliers Parrish Inten'l Inc.
List Price
$1,098,000
Sold Price
$1,058,000
Premium/Discount to List
-$40,000
-3.64%
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
$593,000
Avg. Annual Appreciation
11.61%
Original Mortgage
$735,000
Outstanding Balance
$674,893
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$976,107
Purchase Details
Closed on
Sep 30, 2021
Sold by
Matthews Johnny and Matthews Tammy
Bought by
Matthews Johnny and Matthews Tamara G
Purchase Details
Closed on
Jul 26, 1999
Sold by
First American Title Company Of Modesto
Bought by
Matthews Johnny and Matthews Tammy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 5, 1993
Sold by
Oneal William W and Oneal Juana M
Bought by
First American Title Company Of Modesto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.29%
Mortgage Type
Seller Take Back
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 |
|---|---|---|---|
| Pedmead Lp | $1,058,000 | North American Title Co Inc | |
| Matthews Johnny | -- | None Available | |
| Matthews Johnny | $300,000 | First American Title Ins Co | |
| First American Title Company Of Modesto | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pedmead Lp | $735,000 | |
| Previous Owner | Matthews Johnny | $285,000 | |
| Previous Owner | First American Title Company Of Modesto | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2021 12/08/21 | Sold | $1,058,000 | -3.6% | $284 / Sq Ft |
| 10/07/2021 10/07/21 | Pending | -- | -- | -- |
| 09/01/2021 09/01/21 | For Sale | $1,098,000 | -- | $295 / Sq Ft |
Source: San Francisco Association of REALTORS®
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 | $13,130 | $1,122,757 | $148,569 | $974,188 |
| 2024 | $12,542 | $1,100,743 | $145,656 | $955,087 |
| 2023 | $12,357 | $1,079,160 | $142,800 | $936,360 |
| 2022 | $12,057 | $1,058,000 | $140,000 | $918,000 |
| 2021 | $4,657 | $425,961 | $134,174 | $291,787 |
| 2020 | $4,749 | $421,595 | $132,799 | $288,796 |
| 2019 | $4,639 | $413,330 | $130,196 | $283,134 |
| 2018 | $4,223 | $387,462 | $127,644 | $259,818 |
| 2017 | $4,122 | $379,866 | $125,142 | $254,724 |
| 2016 | $4,228 | $389,494 | $122,689 | $266,805 |
| 2015 | $4,171 | $383,645 | $120,847 | $262,798 |
| 2014 | $4,107 | $376,131 | $118,480 | $257,651 |
Source: Public Records
Agents Affiliated with this Home
-
George Matthews
-
Andy Hodgson
Buyer's Agent in 2021
Andy Hodgson
Colliers Parrish Inten'l Inc.
(209) 475-5110
2 in this area
52 Total Sales
Map
Source: San Francisco Association of REALTORS®
MLS Number: 221110352
APN: 106-07-13
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes