NOT LISTED FOR SALE

738 Empire Ave Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $353,570 - $404,000

4 Beds
2 Baths
2,050 Sq Ft
$185/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $250,000 $122 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,249/month

59 Days on Market

Highlights

  • Gated Community
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA

About This Home

As of January 2020

Welcome to 738 Empire Ave. This duplex features two 2/1 units that are approximately 1028sqft. Front unit is vacant and has been remodeled with new carpet, new paint, new wood tile floors in kitchen and new granite counter tops. Back unit is occupied by long term tenant. Each unit has a single car garage that is used for storage for each unit. Looking for a great investment..... look no further!

Last Agent to Sell the Property

Josh Letras

Valley Oak Real Estate License #01389254 Listed on: 10/11/2019

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,197

Year Built

  • Built in 1979

Lot Details

  • 10,000

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Additional Features

  • 1-Story Property
  • 10,000 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 035-045-061

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

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

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,197

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1979
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Flooring: Carpet,Tile

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Seller Property Questionnaire
  • Foundation: Slab
  • Listing Price: 264900.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 2
  • Parking Features: 1+ Space Per Unit

Utilities

  • Security: Unguarded Gate
  • Sewer: See Remarks
  • Utilities: Cable Available,TV Antenna
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: MLTFM
  • Lot Size Acres: 0.2296
  • Lot Size Sq Ft: 10000

Rental Info

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

Multi Family

  • Income Includes: Parking,Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 035-045-061
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Jan 2, 2020
Sold by
Hubbard Kevin D and Knight Elizabeth M
Bought by
Posada Jorge A
Seller's Agent
Josh Letras
Valley Oak Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$279,900
Sold Price
$250,000
Premium/Discount to List
-$29,900
-10.68%
Current Estimated Value
$378,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,785
Avg. Annual Appreciation
7.51%
Original Mortgage
$187,500
Outstanding Balance
$165,759
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$213,026

Purchase Details

Closed on
Sep 22, 2009
Sold by
Bank Of America National Association
Bought by
Hubbard Kevin D and Knight Elizabeth M

Purchase Details

Closed on
Apr 14, 2009
Sold by
Calvillo Simon Solis
Bought by
Bank Of America National Association

Purchase Details

Closed on
Jun 5, 2001
Sold by
Villalobos Andres and Villalobos Maria
Bought by
Calvillo Simon Solis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.87%
Mortgage Type
Commercial
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
Posada Jorge A $250,000 Old Republic Title Company
Hubbard Kevin D $80,000 Fidelity National Title
Bank Of America National Association $75,192 None Available
Calvillo Simon Solis $140,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Posada Jorge A $187,500
Previous Owner Calvillo Simon Solis $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $250,000 -5.6% $122 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
11/14/2019 11/14/19 Price Changed $264,900 -5.4% $129 / Sq Ft
11/13/2019 11/13/19 For Sale $279,900 0.0% $137 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $279,900 0.0% $137 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $279,900 -- $137 / 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 $3,197 $273,407 $65,616 $207,791
2024 $3,054 $268,047 $64,330 $203,717
2023 $3,009 $262,792 $63,069 $199,723
2022 $2,936 $257,640 $61,833 $195,807
2021 $2,762 $252,589 $60,621 $191,968
2020 $1,063 $94,414 $23,601 $70,813
2019 $1,039 $92,564 $23,139 $69,425
2018 $989 $90,750 $22,686 $68,064
2017 $965 $88,972 $22,242 $66,730
2016 $947 $87,228 $21,806 $65,422
2015 $934 $85,919 $21,479 $64,440
2014 $920 $84,237 $21,059 $63,178
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

    113 Total Sales

    Josh Letras
    Section Image

  • N

    Buyer's Agent in 2020

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 19071287

MetroList

APN: 035-45-61

California Stanislaus County Modesto 95354 La Loma

738 Empire Ave, Modesto, CA

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