NOT LISTED FOR SALE

812 El Vecino Ave Modesto, CA 95350

Central Modesto Neighborhood

Estimated Value: $436,000 - $494,972

3 Beds
1 Bath
1,031 Sq Ft
$451/Sq Ft Est. Value

Last Sold January 04, 2016

Last sale price $255,000 $247 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,726/month

88 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of January 2016

Great opportunity property. This fully remodeled 3 bed 1 bath home has another 2 bed 1 bath home on the lot. Granite counters and updated appliances and fixtures. Both homes have new interior and exterior paint, indoor laundry, their own fenced yards, and are ready to move in. The larger unit has its own 2 car garage and large bright kitchen. Live in one and rent the other to pay your mortgage or just as investment. Don't miss this one.

Last Agent to Sell the Property

David Allan

PMZ Real Estate License #01733178 Listed on: 09/04/2015

PMZ Real Estate

Last Buyer's Agent

David Allan

PMZ Real Estate License #01733178 Listed on: 09/04/2015

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.29

Parking

  • 5 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Carbon Monoxide Detectors

Additional Features

  • 0.29 Acre Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity gas sewer trash collection water
  • Assessor Parcel Number 112-027-046-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Other
  • Year Built: 1940
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Appliances: Free Standing Refrigerator
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Listing Price: 274900.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 5
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Carport,Garage

Utilities

  • Security: Carbon Mon Detector
  • Cooling: Ceiling Fan(s),See Remarks
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Owner's Unit
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: mixed
  • Lot Size Acres: 0.2858
  • Lot Size Sq Ft: 12449

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Sewer,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Income Includes: Owner's Unit
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 112-027-046-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2015
Closed on
Dec 23, 2015
Sold by
Santa Cruz Investors Lp
Bought by
Volakakis Chryssa Stella
Seller's Agent
David Allan
PMZ Real Estate
Buyer's Agent
David Allan
PMZ Real Estate
List Price
$285,000
Sold Price
$255,000
Premium/Discount to List
-$30,000
-10.53%
Current Estimated Value
$465,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,486
Avg. Annual Appreciation
6.21%
Original Mortgage
$159,000
Outstanding Balance
$126,035
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$339,451

Purchase Details

Listed on
Jul 22, 2013
Closed on
Sep 5, 2013
Sold by
Sandoval Ruben and Sandoval Mia
Bought by
Santa Cruz Investors Lp
Seller's Agent
Doreen Petersen
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
David Allan
PMZ Real Estate
List Price
$207,000
Sold Price
$177,000
Premium/Discount to List
-$30,000
-14.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.04%

Purchase Details

Listed on
Jun 11, 2012
Closed on
Jun 27, 2012
Sold by
Chase Vernon J and Chase Beverly C
Bought by
Sandoval Ruben and Sandoval Mia
Seller's Agent
Clarence Oliveira
Century 21 Select Real Estate
Buyer's Agent
Nancy Wright
Century 21 Select Real Estate
List Price
$109,900
Sold Price
$110,000
Premium/Discount to List
$100
0.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.65%
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
Volakakis Chryssa Stella $249,000 Cypress Title Corporation
Santa Cruz Investors Lp $177,000 First American Title Company
Sandoval Ruben $110,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volakakis Chryssa Stella $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2016 01/04/16 Sold $255,000 -10.5% $247 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $285,000 +61.0% $276 / Sq Ft
09/10/2013 09/10/13 Sold $177,000 -14.5% $172 / Sq Ft View Prior Sale
09/06/2013 09/06/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $207,000 +88.2% $201 / Sq Ft
06/29/2012 06/29/12 Sold $110,000 +0.1% $52 / Sq Ft View Prior Sale
06/15/2012 06/15/12 Pending -- -- --
06/10/2012 06/10/12 For Sale $109,900 -- $52 / 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 $3,447 $294,757 $66,880 $227,877
2024 $3,293 $288,978 $65,569 $223,409
2023 $3,244 $283,313 $64,284 $219,029
2022 $3,165 $277,759 $63,024 $214,735
2021 $2,977 $272,314 $61,789 $210,525
2020 $3,036 $269,523 $61,156 $208,367
2019 $2,966 $264,239 $59,957 $204,282
2018 $2,823 $259,059 $58,782 $200,277
2017 $2,756 $253,980 $57,630 $196,350
2016 $2,703 $249,000 $56,500 $192,500
2015 $1,963 $180,536 $35,699 $144,837
2014 $1,933 $177,000 $35,000 $142,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David Allan

    PMZ Real Estate

    Section Image

  • D

    Seller's Agent in 2013

    Doreen Petersen

    BHHS Drysdale

    Section Image
  • Clarence Oliveira

    Seller's Agent in 2012

    Clarence Oliveira

    Century 21 Select Real Estate

    (209) 633-1821

    2 in this area

    299 Total Sales

    Clarence Oliveira
    Section Image

  • N

    Buyer's Agent in 2012

    Nancy Wright

    Century 21 Select Real Estate

    Section Image
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Map

Source: MetroList

MLS Number: 15058979

MetroList

APN: 112-27-46

California Stanislaus County Modesto 95350 Central Modesto

812 El Vecino Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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