Seller's Agent in 2024
Renee Ledbetter
Exit Realty Consultants
(209) 800-3948
3 in this area
59 Total Sales
821 Lombardo Ave Modesto, CA 95351
Bystorm NeighborhoodEstimated Value: $317,000 - $334,275
3
Beds
2
Baths
1,554
Sq Ft
$210/Sq Ft
Est. Value
Highlights
- No HOA
- Level Lot
- 1-Story Property
About This Home
As of December 2024Investor's Dream: High-Yield Tri-Plex Opportunity Unlock the potential of this cash-flowing tri-plex! With three fully rented units generating over $3,500 in monthly income, this property offers a solid return on investment right out of the gate. While the building requires some TLC, the upside is undeniable. Renovations can enhance both property value and rent potential, making it an ideal candidate for a savvy investor ready to add value. Key Highlights: Fully Occupied; Strong Cash Flow; Value-Add Opportunity with future improvements; and a Stable Location: Positioned in a desirable rental market with consistent demand. Seize this chance to grow your portfolio with a high-performing property that rewards both now and in the future. Don't wait opportunities like this don't last!
Last Agent to Sell the Property
Exit Realty Consultants Brokerage Phone: 209-678-5747 License #01488931 Listed on: 11/22/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 6,252 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 1,554 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Exterior Lighting
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Legal Lot and Block 11 / 3540
- Assessor Parcel Number 038015011000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2024
Closed on
Jan 30, 2025
Sold by
Chai Michael Ronnie
Bought by
Michael R Chai Trust and Chai
Seller's Agent
Renee Ledbetter
Exit Realty Consultants
Buyer's Agent
Jose Cibrian
Exit Realty Consultants
List Price
$30,000
Sold Price
$327,000
Premium/Discount to List
$297,000
990%
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,362
Avg. Annual Appreciation
-0.40%
Original Mortgage
$228,900
Interest Rate
6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 22, 2024
Closed on
Dec 19, 2024
Sold by
Kodial Properties Llc
Bought by
Chai Michael Ronnie
Seller's Agent
Renee Ledbetter
Exit Realty Consultants
Buyer's Agent
Jose Cibrian
Exit Realty Consultants
List Price
$30,000
Sold Price
$327,000
Premium/Discount to List
$297,000
990%
Views
60
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,900
Interest Rate
6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 22, 2018
Sold by
Kodial Santokh
Bought by
Kodial Properties Llc
Purchase Details
Closed on
Nov 22, 2017
Sold by
Kodial Davinder Kaur
Bought by
Kodial Santokh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,200
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 24, 2017
Sold by
Kodial Properties Llc
Bought by
Kodial Santokh
Purchase Details
Closed on
May 19, 2015
Sold by
Kodial Santokh S
Bought by
Kodial Properties Llc
Purchase Details
Listed on
Feb 20, 2014
Closed on
Jul 10, 2014
Sold by
Ortega Antonio Sanchez
Bought by
Kodial Santokh Singh
Seller's Agent
Demetrio Robles
Casa Robles R.E. Inc.
Buyer's Agent
Demetrio Robles
Casa Robles R.E. Inc.
List Price
$158,500
Sold Price
$125,000
Premium/Discount to List
-$33,500
-21.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%
Purchase Details
Listed on
Jun 14, 2012
Closed on
Apr 24, 2013
Sold by
Sanchez Rosa M
Bought by
Ortega Antonio Sanchez
Seller's Agent
Hiram Kemp
California Realtors & Mngt.
Buyer's Agent
Reyes Valenzuela
Henry Pereira, Broker
List Price
$139,000
Sold Price
$97,000
Premium/Discount to List
-$42,000
-30.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.53%
Original Mortgage
$72,750
Interest Rate
3.51%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 11, 2008
Sold by
Wells Fargo Bank Na
Bought by
Kemp Hiram
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.07%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 28, 2007
Sold by
Villa Patricio H and Villa Silvia Margarita
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Apr 25, 2005
Sold by
Chavez Sergio and Chavez Lorena M
Bought by
Villa Patricio H and Villa Silvia Margarita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,800
Interest Rate
3%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Mar 2, 2004
Sold by
Shupperd Alan and Shupperd Tanya
Bought by
Chavez Sergio and Chavez Lorena M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,250
Interest Rate
6.62%
Mortgage Type
Commercial
Purchase Details
Closed on
May 9, 2000
Sold by
Silveira Luciano and Vieira George
Bought by
Shuppard Alan and Shuppard Tanya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,500
Interest Rate
8.22%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 8, 2000
Sold by
Bernstein Michael and Weatherford Bernstein Leah
Bought by
Silveira Luciano
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,500
Interest Rate
8.22%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 10, 2000
Sold by
United Companies Lending Corporation
Bought by
Bernstein Michael and Silveira Luciano
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,500
Interest Rate
8.16%
Purchase Details
Closed on
Nov 3, 1998
Sold by
Pena Alexander C
Bought by
United Companies Lending Corp
Purchase Details
Closed on
Nov 2, 1993
Sold by
Charles Mary Louise
Bought by
Charles Mary Louise and Pena Alexander C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,300
Interest Rate
9.45%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Michael R Chai Trust | -- | None Listed On Document | |
| Chai Michael Ronnie | $327,000 | Wfg National Title Insurance C | |
| Kodial Properties Llc | -- | None Available | |
| Kodial Santokh | -- | Chicago Title Company | |
| Kodial Santokh | -- | Chicago Title Company | |
| Kodial Properties Llc | -- | None Available | |
| Kodial Santokh Singh | $125,000 | First American Title Company | |
| Ortega Antonio Sanchez | -- | First American Title Company | |
| Ortega Antonio Sanchez | $97,000 | First American Title Company | |
| Kemp Hiram | -- | First American Title Company | |
| Kemp Hiram | $69,000 | First American Title | |
| Wells Fargo Bank Na | $254,150 | None Available | |
| Villa Patricio H | $361,000 | Stewart Title Of Modesto | |
| Chavez Sergio | $223,000 | Fidelity National Title | |
| Shuppard Alan | $85,500 | Fidelity National Title Co | |
| Silveira Luciano | -- | Fidelity National Title Co | |
| Silveira Luciano | -- | -- | |
| Bernstein Michael | $25,000 | Fidelity National Title Co | |
| United Companies Lending Corp | $60,000 | Fidelity National Title | |
| Charles Mary Louise | -- | Stewart Title Of Modesto |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chai Michael Ronnie | $228,900 | |
| Previous Owner | Kodial Santokh | $165,200 | |
| Previous Owner | Ortega Antonio Sanchez | $72,750 | |
| Previous Owner | Kemp Hiram | $85,000 | |
| Previous Owner | Villa Patricio H | $288,800 | |
| Previous Owner | Chavez Sergio | $167,250 | |
| Previous Owner | Shuppard Alan | $65,500 | |
| Previous Owner | Bernstein Michael | $27,500 | |
| Previous Owner | Charles Mary Louise | $48,300 | |
| Closed | Villa Patricio H | $36,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/20/2024 12/20/24 | Sold | $327,000 | +990.0% | $210 / Sq Ft | |
| 11/23/2024 11/23/24 | Pending | -- | -- | -- | |
| 11/22/2024 11/22/24 | For Sale | $30,000 | -76.0% | $19 / Sq Ft | |
| 07/16/2014 07/16/14 | Sold | $125,000 | -21.1% | $80 / Sq Ft | View Prior Sale |
| 06/03/2014 06/03/14 | Pending | -- | -- | -- | |
| 02/18/2014 02/18/14 | For Sale | $158,500 | +63.4% | $102 / Sq Ft | |
| 05/03/2013 05/03/13 | Sold | $97,000 | -30.2% | $52 / Sq Ft | View Prior Sale |
| 04/05/2013 04/05/13 | Pending | -- | -- | -- | |
| 06/14/2012 06/14/12 | For Sale | $139,000 | -- | $74 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $3,985 | $327,000 | $170,000 | $157,000 |
| 2024 | $1,839 | $147,278 | $23,562 | $123,716 |
| 2023 | $1,814 | $144,391 | $23,100 | $121,291 |
| 2022 | $1,774 | $141,561 | $22,648 | $118,913 |
| 2021 | $1,679 | $138,786 | $22,204 | $116,582 |
| 2020 | $1,708 | $137,364 | $21,977 | $115,387 |
| 2019 | $2,574 | $215,000 | $45,000 | $170,000 |
| 2018 | $1,600 | $132,032 | $21,125 | $110,907 |
| 2017 | $1,566 | $129,444 | $20,711 | $108,733 |
| 2016 | $1,539 | $126,906 | $20,305 | $106,601 |
| 2015 | $1,517 | $125,000 | $20,000 | $105,000 |
| 2014 | $1,221 | $97,439 | $20,090 | $77,349 |
Source: Public Records
Agents Affiliated with this Home
-
Renee Ledbetter
-
Jose Cibrian
Buyer's Agent in 2024
Jose Cibrian
Exit Realty Consultants
(209) 658-9116
2 in this area
96 Total Sales
-
Demetrio Robles
Seller's Agent in 2014
Demetrio Robles
Casa Robles R.E. Inc.
(209) 614-0476
5 in this area
130 Total Sales
-
Hiram Kemp
Seller's Agent in 2013
Hiram Kemp
California Realtors & Mngt.
(209) 495-0948
30 Total Sales
-
R
Buyer's Agent in 2013
Reyes Valenzuela
Henry Pereira, Broker
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MC24239118
APN: 038-15-11
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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