NOT LISTED FOR SALE

731 Empire Ave Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $351,000 - $417,000

5 Beds
3 Baths
1,593 Sq Ft
$246/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2020

Last sale price $295,000 $185 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,420 / mo

7 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 4-minute walk to Oregon Park
  • Cottage
  • 1-Story Property

About This Home

As of February 2020

Great investment opportunity located in Modesto's Opportunity Zone. This Duplex features lots of parking on a HUGE lot. Front is a 3/2 with fresh paint and new carpet. Back unit is a 2/1 that needs a little TLC. Both units have central heat and air. Sellers put on a brand new roof and a clean section one pest report. Possible 3rd unit could be built but confirm with city.

Last Agent to Sell the Property

Josh Letras

Valley Oak Real Estate License #01389254 Listed on: 01/09/2020

Last Buyer's Agent

Thomas MacDonald

PMZ Real Estate License #00454136

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 9,900

Parking

  • 1 Parking Space Included

Home Design

  • Duplex
  • Cottage
  • Composition Roof

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 9,900 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv rent only
  • Assessor Parcel Number 035-044-068

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

9,900 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 2000
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Oven,Built-In Gas Range,Varies By Unit
  • Flooring: Carpet,Tile,Varies by Unit

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,Pest Certification Available,Rental/Lease Agmts
  • Listing Price: 299900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Extra Storage,Laundry Hook-Up in Units,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.2273
  • Lot Size Sq Ft: 9900

Rental Info

  • Tenant Pays: Cable TV,Rent Only
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 035-044-068
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

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
Jan 9, 2020
Closed on
Jan 30, 2020
Sold by
Bought by
Seller's Agent
Josh Letras
Valley Oak Real Estate
Buyer's Agent
Thomas MacDonald
PMZ Real Estate
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Current Estimated Value
$392,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,276
Avg. Annual Appreciation
4.56%
Original Mortgage
$221,250
Outstanding Balance
$195,934
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$196,342

Purchase Details

Listed on
Jan 9, 2020
Closed on
Jan 24, 2020
Sold by
Bought by
Seller's Agent
Josh Letras
Valley Oak Real Estate
Buyer's Agent
Thomas MacDonald
PMZ Real Estate
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Outstanding Balance
$195,934
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$196,342

Purchase Details

Listed on
Mar 2, 2012
Closed on
Mar 27, 2012
Sold by
Bought by
Seller's Agent
Ken Elving
Matel REALTORS
Buyer's Agent
Josh Letras
Valley Oak Real Estate
List Price
$72,000
Sold Price
$70,000
Premium/Discount to List
-$2,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.20%

Purchase Details

Closed on
Dec 2, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 24, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,500
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,720
Interest Rate
8.07%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$295,000 Chicago Title Company
-- Chicago Title Company
$70,000 Landsafe Title
$59,805 Landsafe Title
-- Chicago Title
-- Stewart Title Of Modesto
$121,500 Fidelity National Title Co
-- Fidelity National Title Co
$29,000 Fidelity National Title Co
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
Open $221,250
Previous Owner $240,000
Previous Owner $125,500
Previous Owner $120,720
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 Prior Sale
02/14/2020 02/14/20 Sold $295,000 -1.6% $185 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $299,900 +328.4% $188 / Sq Ft
04/23/2012 04/23/12 Sold $70,000 -2.8% $47 / Sq Ft View Prior Sale
03/19/2012 03/19/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $72,000 -- $48 / 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 $3,773 $322,621 $76,553 $246,068
2024 $3,604 $316,296 $75,052 $241,244
2023 $3,551 $310,095 $73,581 $236,514
2022 $3,465 $304,016 $72,139 $231,877
2021 $3,259 $298,056 $70,725 $227,331
2020 $905 $80,389 $11,482 $68,907
2019 $885 $78,813 $11,257 $67,556
2018 $842 $77,269 $11,037 $66,232
2017 $822 $75,755 $10,821 $64,934
2016 $806 $74,270 $10,609 $63,661
2015 $795 $73,155 $10,450 $62,705
2014 $783 $71,723 $10,246 $61,477
Source: Public Records

Agents Affiliated with this Home

  • Josh Letras

    Seller's Agent in 2020

    Josh Letras

    Valley Oak Real Estate

    (209) 595-7761

    8 in this area

    106 Total Sales

    Josh Letras
    Section Image

  • T

    Buyer's Agent in 2020

    Thomas MacDonald

    PMZ Real Estate

    Section Image
  • Ken Elving

    Seller's Agent in 2012

    Ken Elving

    Matel REALTORS

    (209) 338-5609

    1 in this area

    68 Total Sales

    Ken Elving
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 20001349

MetroList

APN: 035-44-68

California Stanislaus County Modesto 95354 La Loma

731 Empire Ave, Modesto, CA

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.

MetroList 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
Your Personal Tour Guide

Ask me questions while you tour the home.