NOT LISTED FOR SALE

816 Sutter Ave Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $727,957 - $890,000

9 Beds
4 Baths
3,625 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $710,000 $196 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,433/month

8 Days on Market

Highlights

  • Gated Community
  • Private Lot
  • Carpet

About This Home

As of July 2024

Presenting a prime fourplex investment opportunity in Modesto. The property at 816 Sutter Ave features one three-bedroom unit and three two-bedroom units, making it ideal for families and long-term tenants. Governed by an HOA with dues of $125 per unit each month, the property benefits from tenant rules that mitigate littering, noise, and clutter. Major services like landscaping and garage maintenance are included, ensuring a well-kept environment. Located in the heart of the Central Valley, this property offers a solid investment opportunity with its desirable unit mix and strong rental demand. Perfect for investors seeking steady returns and minimal hassle.

Last Agent to Sell the Property

Jacob Friedrich

Cosol Commercial Real Estate License #02017662 Listed on: 05/28/2024

Last Buyer's Agent

John Santos

BRG Realty License #00678260

BRG Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 7,000 Sq Ft Lot
  • Private Lot

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,625 Sq Ft Home
  • 2-Story Property
  • Carbon Monoxide Detectors

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 037-044-091

Community Details

Overview

  • Association fees include insurance, trash, ground maintenance
  • 4 Units
  • Mandatory home owners association

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • Net Lease

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Year Built: 1967
  • Stories: 2
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Price Per Square Foot: 195.86
  • Square Footage: 3625.00

Exterior Features

  • Construction Materials: Stucco, Frame
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 719000.00
  • Lot Features: Private, Sidewalk
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Fire Extinguisher, Unguarded Gate
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Wall Unit(s), Window Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association Fee: 500
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Insurance, Trash, Maintenance Grounds
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Mandatory Association: Yes

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R3
  • Irrigation: None
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000.00

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only","See Remarks"]
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4

Tax Info

  • Assessor Parcel Number: 037-044-091
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Jun 28, 2024
Sold by
Biswas Property Modesto Llc
Bought by
Bedolla Rene Ramirez and Solorzano Maria Magdalena
Seller's Agent
Jacob Friedrich
Cosol Commercial Real Estate
Buyer's Agent
John Santos
BRG Realty
List Price
$719,000
Sold Price
$710,000
Premium/Discount to List
-$9,000
-1.25%
Views
41
Current Estimated Value
$808,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,979
Avg. Annual Appreciation
9.49%
Original Mortgage
$488,000
Outstanding Balance
$481,737
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$327,242

Purchase Details

Closed on
Feb 13, 2021
Sold by
Lester Carmelita R and Lester Thomas
Bought by
Biswas Property Modesto Llc

Purchase Details

Closed on
Apr 1, 2019
Sold by
Lester Thomas and Lester Carmelita R
Bought by
Lester Thomas and Lester Carmelita R

Purchase Details

Listed on
Jan 12, 2015
Closed on
Mar 25, 2015
Sold by
Perez Alberto G
Bought by
Lester Thomas and Lester Carmen R
Seller's Agent
Norma Munoz
A 2 Z Realty & Proprty Mngmnt
Buyer's Agent
Shannan Jaime
EXIT Realty Consultants
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$75,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 17, 2013
Closed on
Apr 2, 2013
Sold by
Bogetti Nathan
Bought by
Perez Alberto G and Perez Rosalia Guadalupe
Seller's Agent
Dennis Lilly
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Reyna Fernandez
Coldwell Banker Realty
List Price
$187,900
Sold Price
$188,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.28%
Original Mortgage
$141,000
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2012
Sold by
Bogetti Nathan
Bought by
Bogetti Nathan and Bogetti Louise M

Purchase Details

Closed on
Mar 26, 2010
Sold by
Duetsche Bank National Trust Company
Bought by
Bogetti Nathan and Bogetti Louise

Purchase Details

Closed on
Dec 7, 2009
Sold by
Castagner Claude
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 6, 2006
Sold by
Sutter Village Of Modesto Llc
Bought by
Castagner Claude

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
7.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 19, 2005
Sold by
Modesto Sutter Village Associates
Bought by
Sutter Village Of Modesto Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Interest Rate
5.68%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bedolla Rene Ramirez $700,000 Chicago Title
Biswas Property Modesto Llc $412,500 Wfg National Title Ins Co
Lester Thomas -- None Available
Lester Thomas $275,000 Old Republic
Perez Alberto G $188,000 First American Title Company
Bogetti Nathan -- None Available
Bogetti Nathan $150,000 Fidelity National Title Co
Deutsche Bank National Trust Company $168,498 Accommodation
Castagner Claude $625,000 Chicago Title Co
Castagner Claude -- Chicago Title Co
Sutter Village Of Modesto Llc $5,250,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bedolla Rene Ramirez $488,000
Previous Owner Lester Thomas $75,000
Previous Owner Perez Alberto G $141,000
Previous Owner Castagner Claude $437,500
Previous Owner Sutter Village Of Modesto Llc $3,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Sold $710,000 -1.3% $196 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $719,000 +161.5% $198 / Sq Ft
03/30/2015 03/30/15 Sold $275,000 -3.5% $80 / Sq Ft View Prior Sale
02/23/2015 02/23/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $285,000 +51.6% $83 / Sq Ft
03/07/2013 03/07/13 Sold $188,000 +0.1% $54 / Sq Ft View Prior Sale
01/25/2013 01/25/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $187,900 -- $54 / 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 $8,186 $700,000 $170,000 $530,000
2024 $4,988 $437,747 $53,060 $384,687
2023 $4,914 $429,165 $52,020 $377,145
2022 $4,795 $420,750 $51,000 $369,750
2021 $3,338 $305,334 $38,858 $266,476
2020 $3,404 $302,204 $38,460 $263,744
2019 $3,325 $296,279 $37,706 $258,573
2018 $3,166 $290,470 $36,967 $253,503
2017 $3,090 $284,776 $36,243 $248,533
2016 $3,031 $279,193 $35,533 $243,660
2015 $2,094 $192,625 $25,614 $167,011
2014 $2,062 $188,853 $25,113 $163,740
Source: Public Records

Agents Affiliated with this Home

  • Jacob Friedrich

    Seller's Agent in 2024

    Jacob Friedrich

    Cosol Commercial Real Estate

    (209) 521-1591

    6 in this area

    16 Total Sales

    Jacob Friedrich
    Section Image
  • John Santos

    Buyer's Agent in 2024

    John Santos

    BRG Realty

    (408) 221-7800

    1 in this area

    9 Total Sales

    John Santos
    Section Image

  • N

    Seller's Agent in 2015

    Norma Munoz

    A 2 Z Realty & Proprty Mngmnt

  • Shannan Jaime

    Buyer's Agent in 2015

    Shannan Jaime

    EXIT Realty Consultants

    (209) 679-9334

    14 Total Sales

    Shannan Jaime
    Section Image
  • Dennis Lilly

    Seller's Agent in 2013

    Dennis Lilly

    BHHS Drysdale

    (209) 345-2801

    31 Total Sales

    Dennis Lilly
    Section Image

  • R

    Buyer's Agent in 2013

    Reyna Fernandez

    Coldwell Banker Realty

See All Agents

Map

Source: MetroList

MLS Number: 224057311

MetroList

APN: 037-44-91

California Stanislaus County Modesto 95351 West Modesto

816 Sutter Ave, Modesto, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes