NOT LISTED FOR SALE

Estimated Value: $538,047 - $546,000

8 Beds
3 Baths
3,150 Sq Ft
$172/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $500,000 $159 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,366/month

40 Days on Market

Highlights

  • 0.86 Acre Lot
  • Central Heating and Cooling System
  • Carpet
  • No HOA

About This Home

As of March 2022

Hard to find 3 houses on 1 lot in Modesto. Property features a total of 3150sqft of living space the lot is 37,462sqft which is .86 of an acre. All units are currently rented. The front house (817) has 3 bedrooms and 1 baths, 1176sqft. Back home (817 1/2) has 2 bedrooms 1 bath at 922sqft. Side home has 3 bedrooms and 1 bath, 1,052sqft. Great rental income producing property.

Last Agent to Sell the Property

Larry Granillo

Infinity Financial & Rlty License #02008791 Listed on: 01/19/2022

Last Buyer's Agent

Out Of Area Non Member

Bay East Aor

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.86

Home Design

  • Stucco

Flooring

  • Carpet
  • Laminate

Additional Features

  • 0.86 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3,150 Sq Ft Building
  • Bay East Association

Listing and Financial Details

  • Assessor Parcel Number 037032002000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Property Sub Type: 3+ Houses on Lot
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.86
  • Directions: Use GPS
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Carpet
  • Basement: None
  • Other Equipment: None

Exterior Features

  • Lot Features: None
  • Construction Type: Stucco
  • Exterior Features: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 37461
  • Parcel Number: 037032002000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Mar 22, 2022
Sold by
Mario Garate Jr and Mario Bertha L
Bought by
Salas Rigoberto
Seller's Agent
Larry Granillo
Infinity Financial & Rlty
Buyer's Agent
Out Of Area Non Member
Bay East Aor
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%
Current Estimated Value
$542,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,024
Avg. Annual Appreciation
2.18%
Original Mortgage
$399,000
Outstanding Balance
$373,788
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$168,236

Purchase Details

Closed on
Feb 20, 2018
Sold by
Virrueta Bertha L and Virrueta Bertha L
Bought by
Garate Mario and Virrueta Bertha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2017
Sold by
Virrueta Hector Torres
Bought by
Virrueta Bertha L and Garate Mario

Purchase Details

Closed on
Dec 9, 2016
Sold by
Virrueta Bertha
Bought by
Virrueta Hector Torres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2011
Sold by
El Salto Investments
Bought by
Virreuta Bertha L

Purchase Details

Closed on
Feb 15, 2011
Sold by
Garcia David
Bought by
El Salto Investments

Purchase Details

Closed on
Apr 18, 2006
Sold by
Garcia Maricela
Bought by
Garcia David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 22, 2003
Sold by
Garcia David
Bought by
Garcia David and Garcia Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2003
Sold by
Garcia Maricela
Bought by
Garcia David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2001
Sold by
Garcia David
Bought by
Garcia David and Garcia Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2000
Sold by
Duncan W Lee
Bought by
Garcia David and Garcia Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
8.22%
Mortgage Type
Seller Take Back
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
Salas Rigoberto $500,000 Old Republic Title
Garate Mario -- Lawyers Title Co
Virrueta Bertha L -- None Available
Virrueta Hector Torres -- North American Title Co Inc
Virrueta Bertha L -- North American Title Co Inc
Virreuta Bertha L $80,000 Old Republic Title Company
El Salto Investments $45,388 None Available
Garcia David -- Alliance Title Company
Garcia David -- --
Garcia David -- Chicago Title
Garcia David -- --
Garcia David -- Chicago Title Co
Garcia David $85,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salas Rigoberto $399,000
Previous Owner Garate Mario $187,500
Previous Owner Virrueta Bertha L $177,000
Previous Owner Garcia David $400,000
Previous Owner Garcia David $328,500
Previous Owner Garcia David $124,800
Previous Owner Garcia David $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $500,000 -- --
03/31/2022 03/31/22 Sold $500,000 -8.9% $159 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $549,000 0.0% $174 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $549,000 -- $174 / Sq Ft
Source: Bay East Association of REALTORS®

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 $6,205 $530,603 $191,017 $339,586
2024 $5,927 $520,200 $187,272 $332,928
2023 $5,840 $510,000 $183,600 $326,400
2022 $1,100 $96,574 $36,215 $60,359
2021 $1,035 $94,681 $35,505 $59,176
2020 $1,056 $93,711 $35,141 $58,570
2019 $1,031 $91,874 $34,452 $57,422
2018 $982 $90,074 $33,777 $56,297
2017 $958 $88,309 $33,115 $55,194
2016 $940 $86,578 $32,466 $54,112
2015 $927 $85,279 $31,979 $53,300
2014 $913 $83,609 $31,353 $52,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40978437

Bay East Association of REALTORS®

APN: 037-32-02