NOT LISTED FOR SALE

Estimated Value: $434,545 - $469,000

3 Beds
2 Baths
2,000 Sq Ft
$226/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $355,000 $178 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,738/month

24 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of December 2020

Great investment opportunity to own a spacious duplex located in a quiet established neighborhood. Unit 1 is a large 1 bedroom, 1 bath with plenty of storage and living space. Unit 2 is a large 2 bedroom, 1 bath with ample kitchen and living area. Each unit has a 1 car garage with its own laundry hook up.

Last Agent to Sell the Property

Connie Escobedo

EXIT Realty Consultants License #01990681 Listed on: 10/23/2020

EXIT Realty Consultants

Last Buyer's Agent

Carla Mount

PMZ Real Estate License #01344509

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 7,878

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Utilities

  • Central Heating
  • 220 Volts

Additional Features

  • 1-Story Property
  • 7,878 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity sewer trash collection
  • Assessor Parcel Number 112-016-028-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1953
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range,Disposal,Free Standing Electric Range,Varies By Unit
  • Other Equipment: None
  • Flooring: Wood,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts
  • Listing Price: 350000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,Street,1 Space Per Unit

Utilities

  • Cooling: Central,Window Unit(s)
  • Electric: 220 Volts
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Multi Family Dwelling
  • Lot Size Acres: 0.1809
  • Lot Size Sq Ft: 7878

Rental Info

  • Tenant Pays: Cable TV,Electricity,Sewer,Trash Collection

Multi Family

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

Tax Info

  • Assessor Parcel Number: 112-016-028-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2021
Sold by
Steele Edward Paul
Bought by
Steele Edward and Edward Steele 2021 Trust
Current Estimated Value
$451,773

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 4, 2020
Sold by
Baker Justin A
Bought by
Mcwilliam Gina Michelle and Steele Edward Paul
Seller's Agent
Connie Escobedo
EXIT Realty Consultants
Buyer's Agent
Carla Mount
PMZ Real Estate
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$264,000
Outstanding Balance
$234,497
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$217,276

Purchase Details

Closed on
Jun 16, 2017
Sold by
Grimaldi Peter V
Bought by
Baker Justin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,955
Interest Rate
4.02%
Mortgage Type
VA

Purchase Details

Closed on
Jun 12, 2007
Sold by
Grimaldi Mary Kate
Bought by
Grimaldi Peter V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
7.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 3, 2004
Sold by
Grimaldi Pete V
Bought by
Grimaldi Peter V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2001
Sold by
Rostad Norman Leroy and Rostad Charitable Remainder Un
Bought by
Grimaldi Pete V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,350
Interest Rate
7.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2000
Sold by
Rostad N Le Roy
Bought by
Rostad Norman Leroy

Purchase Details

Closed on
Feb 28, 2000
Sold by
Rostad N Le Roy
Bought by
Rostad Norman Leroy and Rostad Revocable Trust
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
Steele Edward -- None Available
Mcwilliam Gina Michelle $352,000 First American Title Company
Baker Justin A $281,000 Old Republic Title Company
Grimaldi Peter V -- Alliance Title Company
Grimaldi Peter V -- Alliance Title Company
Grimaldi Peter V -- Fidelity National Title
Grimaldi Pete V $173,000 Alliance Title Company
Rostad Norman Leroy -- --
Rostad Norman Leroy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcwilliam Gina Michelle $264,000
Previous Owner Baker Justin A $282,955
Previous Owner Grimaldi Peter V $229,000
Previous Owner Grimaldi Peter V $180,500
Previous Owner Grimaldi Pete V $164,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $355,000 0.0% $178 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/14/2020 11/14/20 Off Market $355,000 -- --
11/14/2020 11/14/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $350,000 0.0% $175 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $350,000 -- $175 / 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 $4,456 $381,012 $86,593 $294,419
2024 $4,256 $373,543 $84,896 $288,647
2023 $4,193 $366,220 $83,232 $282,988
2022 $4,092 $359,040 $81,600 $277,440
2021 $3,849 $352,000 $80,000 $272,000
2020 $3,359 $298,198 $53,060 $245,138
2019 $3,281 $292,352 $52,020 $240,332
2018 $3,124 $286,620 $51,000 $235,620
2017 $2,437 $224,602 $55,822 $168,780
2016 $2,390 $220,199 $54,728 $165,471
2015 $2,131 $196,000 $56,500 $139,500
2014 $1,911 $175,000 $56,500 $118,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20064239

MetroList

APN: 112-16-28