NOT LISTED FOR SALE

Estimated Value: $436,000 - $460,919

4 Beds
4 Baths
2,374 Sq Ft
$189/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $152,000 $64 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $2,642/month

13 Days on Market

About This Home

As of April 2017

Great Opportunity!!! 2 buildings containing 2 units of 1 bedroom and 1 bath located in the heart of Modesto! Property is in close proximity to schools, shopping, and freeway access for commuters!

Last Agent to Sell the Property

Daniel Maciel

Atlantic Realty License #01323683 Listed on: 03/08/2017

Last Buyer's Agent

Daniel Maciel

Atlantic Realty License #01323683 Listed on: 03/08/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 7,000

Parking

  • 2 Open Parking Spaces

Home Design

  • Quadruplex
  • Composition Roof

Utilities

  • Refrigerated and Evaporative Cooling System
  • Wall Furnace

Additional Features

  • 2-Story Property
  • 7,000 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 104-028-002-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Modesto Subdivision

Building Details

  • 4 Vacant Units
  • 2,708 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1940
  • Stories: 2
  • Subdivision: Modesto
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Varies by Unit,See Remarks

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: None
  • Listing Price: 134900.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Open,Street

Utilities

  • Cooling: Evaporative Cooler
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: Multi Dwelling
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 2708
  • Number of Units: 4
  • Number of Vacant Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 104-028-002-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2021
Sold by
Vera Aleida P
Bought by
Vega Maria and Rebollar Eduardo
Current Estimated Value
$448,460

Purchase Details

Closed on
Apr 24, 2018
Sold by
Avila Miguel I
Bought by
Vera Aleida P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$180,596
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$267,864

Purchase Details

Listed on
Mar 8, 2017
Closed on
Mar 28, 2017
Sold by
The Bank Of New York Mellon
Bought by
Avila Miguel I
Seller's Agent
Daniel Maciel
Atlantic Realty
Buyer's Agent
Daniel Maciel
Atlantic Realty
List Price
$134,900
Sold Price
$152,000
Premium/Discount to List
$17,100
12.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.16%

Purchase Details

Closed on
Apr 15, 2016
Sold by
Obeid Mohamed M and Obeid Lutfah
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 1, 2004
Sold by
Martinez Maria Guadalupe R
Bought by
Obeid Mohamed M and Obeid Lutfah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2001
Sold by
Martinez Roberto and Martinez Maria Guadalupe R
Bought by
Martinez Maria Guadalupe R

Purchase Details

Closed on
May 10, 2001
Sold by
Garcia Humberto and Garcia Antonio
Bought by
Martinez Roberto and Martinez Maria Guadalupe R
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
Vega Maria -- None Available
Vera Aleida P $280,000 Old Republic Title Co
Avila Miguel I $152,000 None Available
The Bank Of New York Mellon $176,000 None Available
Obeid Mohamed M $320,000 Alliance Title Company
Martinez Maria Guadalupe R -- --
Martinez Roberto $125,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vera Aleida P $210,000
Previous Owner Obeid Mohamed M $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $152,000 +12.7% $64 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $134,900 -- $57 / Sq Ft
Source: MetroList

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 $3,726 $318,587 $125,158 $193,429
2024 $3,559 $312,341 $122,704 $189,637
2023 $3,506 $306,218 $120,299 $185,919
2022 $3,421 $300,215 $117,941 $182,274
2021 $3,218 $294,329 $115,629 $178,700
2020 $3,281 $291,312 $114,444 $176,868
2019 $3,205 $285,600 $112,200 $173,400
2018 $1,690 $155,040 $41,820 $113,220
2017 $1,494 $137,700 $38,250 $99,450
2016 $1,639 $151,000 $37,500 $113,500
2015 $1,370 $126,000 $37,500 $88,500
2014 -- $112,500 $37,500 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17012493

MetroList

APN: 104-28-02