NOT LISTED FOR SALE

732 Walnut Way Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $354,000 - $499,136

6 Beds
4 Baths
2,374 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 04, 2017

Last sale price $279,000 $118 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,551/month

9 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • 3-minute walk to Robertson Road Park
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2017

Wonderful investment opportunity in the rapidly heating up Modesto market. Currently rented modern duplex with spacious 3 bed 2 full bath configuration with 2-car garages, very rare! Gross rents are $1800/mo. (combined). Property currently under management but up to buyer if they want to continue.

Last Agent to Sell the Property

Steven Zagaris

PMZ Real Estate License #01700277 Listed on: 02/27/2017

PMZ Real Estate

Last Buyer's Agent

Steven Zagaris

PMZ Real Estate License #01700277 Listed on: 02/27/2017

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 7,035

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Electric Oven

Additional Features

  • 7,035 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 037-061-073-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 2004
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven
  • Other Equipment: None
  • Flooring: Carpet,Laminate,Tile

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 311000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Multi Family Dwelling
  • Lot Size Acres: 0.1615
  • Lot Size Sq Ft: 7035

Rental Info

  • Tenant Pays: Cable TV
  • Total # Leasable: 2

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 037-061-073-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2017
Closed on
Mar 23, 2017
Sold by
Kutulas Antoni
Bought by
Vermont Bld Llc
Seller's Agent
Steven Zagaris
PMZ Real Estate
Buyer's Agent
Steven Zagaris
PMZ Real Estate
List Price
$311,000
Sold Price
$279,000
Premium/Discount to List
-$32,000
-10.29%
Current Estimated Value
$426,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,568
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Dec 11, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Kutulas Antoni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2007
Sold by
Estrada Josefina
Bought by
Deutsche Bank National Trust Co and Harborview 2005-07

Purchase Details

Closed on
Dec 5, 2006
Sold by
Estrada Josephina
Bought by
Estrada Josephina and Contreras Perla

Purchase Details

Closed on
Aug 30, 2005
Sold by
Almanza Ivan
Bought by
I & J Builders

Purchase Details

Closed on
Mar 17, 2005
Sold by
I & J Builders
Bought by
Estrada Josephina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,400
Interest Rate
1.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2005
Sold by
Cisneros Miguel C
Bought by
Estrada Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,400
Interest Rate
1.37%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vermont Bld Llc $279,000 Cypress Title Corporation
Kutulas Antoni $192,000 First American Title Company
Deutsche Bank National Trust Co $427,618 None Available
Estrada Josephina -- Old Republic Title Company
I & J Builders -- Fidelity National Title Co
Estrada Josephina $473,000 Fidelity National Title
Estrada Josefina -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kutulas Antoni $153,600
Previous Owner Estrada Josephina $378,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2017 04/04/17 Sold $279,000 -10.3% $118 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $311,000 -- $131 / 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 $3,786 $323,797 $98,647 $225,150
2024 $3,617 $317,449 $96,713 $220,736
2023 $3,564 $311,225 $94,817 $216,408
2022 $3,477 $305,123 $92,958 $212,165
2021 $3,271 $299,141 $91,136 $208,005
2020 $3,335 $296,075 $90,202 $205,873
2019 $3,258 $290,271 $88,434 $201,837
2018 $3,101 $284,580 $86,700 $197,880
2017 $2,236 $213,033 $27,735 $185,298
2016 $2,191 $208,857 $27,192 $181,665
2015 $2,161 $205,721 $26,784 $178,937
2014 $2,126 $201,692 $26,260 $175,432
Source: Public Records

Agents Affiliated with this Home

  • Steven Zagaris

    Seller's Agent in 2017

    Steven Zagaris

    PMZ Real Estate

    (209) 316-6832

    4 in this area

    142 Total Sales

    Steven Zagaris
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Map

Source: MetroList

MLS Number: 17010072

MetroList

APN: 037-61-73

California Stanislaus County Modesto 95351 West Modesto

732 Walnut Way, Modesto, CA

Not Listed for Sale

MultiFamily

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