NOT LISTED FOR SALE

Estimated Value: $447,000

2 Beds
1 Bath
848 Sq Ft
$527/Sq Ft Est. Value

Last Sold February 01, 2012

Last sale price $70,000 $83 Per Sq Ft

Est. 539% increase in value since last sale

Current estimated payment $2,423/month

21 Days on Market

Highlights

  • 0.35 Acre Lot
  • Double Pane Windows
  • Central Heating and Cooling System
  • No HOA

About This Home

As of February 2012

2 homes on 1 lot!! Located in established neighborhood near parks and schools. Great for investors or live in 1 and rent the other! Hurry....won't last long!!

Last Agent to Sell the Property

Chris Colston

Powerhouse Realty License #01397247 Listed on: 12/24/2011

Last Buyer's Agent

Sandy Taylor

HomeSmart PV & Associates License #01429269

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.35 Acre Lot

Parking

  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Electric Cooktop

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 032-017-001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1954
  • Stories: 2
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Cook Top
  • Flooring: Tile,Wood
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: None
  • Listing Price: 64900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.3500
  • Lot Dimensions: varies
  • Lot Size Sq Ft: 15246

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 032-017-001

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2011
Closed on
Mar 21, 2012
Sold by
Hendrix Eudith
Bought by
The Eudith Hendrix Family Trust
Seller's Agent
Chris Colston
Powerhouse Realty
Buyer's Agent
Sandy Taylor
HomeSmart PV & Associates
List Price
$64,900
Sold Price
$70,000
Premium/Discount to List
$5,100
7.86%
Current Estimated Value
$447,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,000
Avg. Annual Appreciation
14.24%

Purchase Details

Listed on
Dec 24, 2011
Closed on
Jan 12, 2012
Sold by
Federal National Mortgage Association
Bought by
Hendrix Eudith
Seller's Agent
Chris Colston
Powerhouse Realty
Buyer's Agent
Sandy Taylor
HomeSmart PV & Associates
List Price
$64,900
Sold Price
$70,000
Premium/Discount to List
$5,100
7.86%

Purchase Details

Closed on
Dec 10, 2010
Sold by
Tedesco Joseph
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Feb 1, 2007
Sold by
Chowdaury Syed
Bought by
Prasad Vikashni A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 8, 2003
Sold by
Tedesco Joseph
Bought by
Tedesco Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
4.12%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 17, 2002
Sold by
Tedesco Laura L
Bought by
Tedesco Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,050
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 2002
Sold by
Graham Pamela
Bought by
Tedesco Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,050
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2000
Sold by
Adams Richard E
Bought by
Graham Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,197
Interest Rate
8.15%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 1995
Sold by
Adams Richard E
Bought by
City Of Modesto
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
The Eudith Hendrix Family Trust -- None Available
Hendrix Eudith $70,000 Stewart Title Of California
Federal National Mortgage Association $178,243 Accommodation
Prasad Vikashni A -- Stewart Title Of Ca Inc
Prasad Vikashni A -- Stewart Title Of Ca Inc
Tedesco Joseph -- Stewart Title Of Modesto
Tedesco Joseph -- Stewart Title
Tedesco Joseph $154,500 Stewart Title
Graham Pamela $105,000 Chicago Title Co
City Of Modesto -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prasad Vikashni A $460,000
Previous Owner Tedesco Joseph $182,000
Previous Owner Tedesco Joseph $139,050
Previous Owner Graham Pamela $107,197
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2012 02/01/12 Sold $70,000 +7.9% $83 / Sq Ft
01/12/2012 01/12/12 Pending -- -- --
12/22/2011 12/22/11 For Sale $64,900 -- $77 / 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 $1,028 $87,911 $37,676 $50,235
2024 $982 $86,188 $36,938 $49,250
2023 $967 $84,499 $36,214 $48,285
2022 $944 $82,843 $35,504 $47,339
2021 $888 $81,219 $34,808 $46,411
2020 $905 $80,388 $34,452 $45,936
2019 $885 $78,813 $33,777 $45,036
2018 $842 $77,268 $33,115 $44,153
2017 $822 $75,754 $32,466 $43,288
2016 $806 $74,270 $31,830 $42,440
2015 $795 $73,155 $31,352 $41,803
2014 $783 $71,723 $30,738 $40,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 11088154

MetroList

APN: 032-17-01