724 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 #00889564 Listed on: 09/01/2021
$975,000
Solid older building downtown Modesto. 8 unique studio apartments, affordable and clean units. Upgrades include dual pane windows. Brick entry opens to large wide staircase below with huge skylight.
Lisa Braden RE/MAX Executive
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,058,000 | North American Title Co Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $300,000 | First American Title Ins Co | |
| Grant Deed | -- | First American Title Co |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $735,000 | Purchase Money Mortgage | |
| Previous Owner | $375,000 | Commercial | |
| Previous Owner | $285,000 | Commercial | |
| Previous Owner | $200,000 | Seller Take Back |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | For Sale | $1,800,000 | 0.0% | $484 / Sq Ft |
| 04/28/2025 04/28/25 | Off Market | $1,800,000 | -- | -- |
| 03/03/2025 03/03/25 | For Sale | $1,800,000 | +70.1% | $484 / 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 |
| 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 | $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 |
Seller's Agent in 2025
Jacob Friedrich
Cosol Commercial Real Estate
(209) 521-1591
2 in this area
16 Total Sales
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Buyer's Agent in 2025
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Seller's Agent in 2021
George Matthews
Berkshire Hathaway-Franciscan
(415) 203-1073
2 in this area
6 Total Sales
Buyer's Agent in 2021
Andy Hodgson
Colliers Parrish Inten'l Inc.
(209) 475-5110
2 in this area
51 Total Sales
Source: San Francisco Association of REALTORS® MLS
MLS Number: 221110352
APN: 106-07-13
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