NOT LISTED FOR SALE

739 S Conejo Ave Modesto, CA 95354

La Loma Neighborhood

Estimated Value: $411,000

7 Beds
4 Baths
1,000 Sq Ft
$411/Sq Ft Est. Value

Last Sold June 26, 2012

Last sale price $180,000 $180 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,310/month

3 Days on Market

Highlights

  • 0.41 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of June 2012

2 properties being sold for total of 7 units; subject is 739 S Conejo Ave(APN 035-045-020) with 5 units and adjacent is 743 S Conejo Ave(APN 035-045-020) with 2 units. There is a total of 7 units, This parcel is 17,860sf, the adjacent parcel is 8,700sf. Must buy as package, many repairs are needed and it must be a cash purchase.

Last Agent to Sell the Property

Victor Barraza

PMZ Real Estate License #01044484 Listed on: 04/06/2012

PMZ Real Estate

Last Buyer's Agent

Victor Barraza

PMZ Real Estate License #01044484 Listed on: 04/06/2012

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,909

Year Built

  • Built in 1939

Lot Details

  • 0.41 Acre Lot

Parking

  • 8 Open Parking Spaces

Home Design

  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Linoleum Flooring
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 035-045-020

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 5 Units

Building Details

  • 3 Leased Units
  • 2 Vacant Units
  • 5 Units Leased Month-To-Month
  • Oral Lease Type

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,909

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1939
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other
  • Flooring: Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: None
  • Listing Price: 200000.00
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 8
  • Parking Features: Open

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Available
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: r1
  • Lot Size Acres: 0.4100
  • Lot Dimensions: 100x178
  • Lot Size Sq Ft: 17860

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 5

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: Oral
  • Number of Leased Units: 3
  • Number of Month to Month Units: 5
  • Number of Units: 5
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 035-045-020

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2012
Closed on
May 17, 2012
Sold by
Weinmann Ruth
Bought by
Garcia Maria A
Seller's Agent
Victor Barraza
PMZ Real Estate
Buyer's Agent
Victor Barraza
PMZ Real Estate
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Current Estimated Value
$411,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,000
Avg. Annual Appreciation
6.38%
Original Mortgage
$155,000
Outstanding Balance
$106,582
Interest Rate
3.74%
Mortgage Type
Seller Take Back
Estimated Equity
$304,418

Purchase Details

Closed on
Jan 7, 2011
Sold by
Garcia Maria A
Bought by
Fci Lender Services Inc

Purchase Details

Closed on
Nov 8, 2005
Sold by
Weinmann Ruth
Bought by
Garcia Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
5.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 2002
Sold by
Butler Randy L and Butler Melinda D
Bought by
Weinmann Ruth

Purchase Details

Closed on
Aug 26, 1999
Sold by
Butler Randy L and Butler Melinda D
Bought by
Weinmann Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.89%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Garcia Maria A $180,000 Old Republic Title Company
Fci Lender Services Inc $335,199 Accommodation
Garcia Maria A $540,000 Fidelity National Title
Garcia Maria A -- Fidelity National Title
Weinmann Ruth $142,000 First American Title Ins Co
Weinmann Ruth $142,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Maria A $155,000
Previous Owner Garcia Maria A $47,000
Previous Owner Garcia Maria A $340,000
Previous Owner Weinmann Ruth $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2012 06/26/12 Sold $180,000 -10.0% $180 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $200,000 -- $200 / 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 $1,909 $163,274 $26,370 $136,904
2024 $1,824 $160,073 $25,853 $134,220
2023 $1,797 $156,936 $25,347 $131,589
2022 $1,753 $153,859 $24,850 $129,009
2021 $1,649 $150,843 $24,363 $126,480
2020 $1,682 $149,298 $24,114 $125,184
2019 $1,643 $146,372 $23,642 $122,730
2018 $1,564 $143,503 $23,179 $120,324
2017 $1,527 $140,690 $22,725 $117,965
2016 $1,497 $137,932 $22,280 $115,652
2015 $1,477 $135,861 $21,946 $113,915
2014 $1,454 $133,201 $21,517 $111,684
Source: Public Records

Agents Affiliated with this Home

  • Victor Barraza

    Seller's Agent in 2012

    Victor Barraza

    PMZ Real Estate

    (209) 527-2010

    2 in this area

    119 Total Sales

    Victor Barraza
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Map

Source: MetroList

MLS Number: 12022615

MetroList

APN: 035-45-20

California Stanislaus County Modesto 95354 La Loma

739 S Conejo Ave, Modesto, CA

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