NOT LISTED FOR SALE

821 Lombardo Ave Modesto, CA 95351

Bystrom Neighborhood

Estimated Value: $315,000 - $330,606

3 Beds
2 Baths
1,554 Sq Ft
$208/Sq Ft Est. Value

Sale Details

Date Sold: December 20, 2024

Last sale price $327,000 $210 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,105 / mo

1 Day on Market

Highlights

  • No HOA
  • Level Lot
  • 1-Story Property

About This Home

As of December 2024

Investor'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

Renee Ledbetter

Exit Realty Consultants Brokerage Phone: 209-678-5747 License #01488931 Listed on: 11/22/2024

Exit Realty Consultants

Last Buyer's Agent

Jose Cibrian

Exit Realty Consultants License #01976111

Exit Realty Consultants

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

6,252 Sq Ft Lot

Listing Details

  • Structure Type: Triplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 038015011000
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1554.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 210.42
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6252.00
  • Lot Size Acres: 0.1435

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6252.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Block: 3540
  • Tax Census Tract: 23.02
  • Tax Lot: 11

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Jan 30, 2025
Sold by
Bought by
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
$322,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,197
Avg. Annual Appreciation
-0.79%
Original Mortgage
$228,900
Interest Rate
0.06%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2024
Closed on
Dec 19, 2024
Sold by
Bought by
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
0.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2018
Sold by
Bought by

Purchase Details

Closed on
Nov 22, 2017
Sold by
Bought by

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
0.0391%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2017
Sold by
Bought by

Purchase Details

Closed on
May 19, 2015
Sold by
Bought by

Purchase Details

Listed on
Feb 20, 2014
Closed on
Jul 10, 2014
Sold by
Bought by
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
8.19%

Purchase Details

Listed on
Jun 14, 2012
Closed on
Apr 24, 2013
Sold by
Bought by
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
0.0351%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2008
Sold by
Bought by

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
0.0607%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 2005
Sold by
Bought by

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
0.03%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 2, 2004
Sold by
Bought by

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
0.0662%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2000
Sold by
Bought by

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
0.0822%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 8, 2000
Sold by
Bought by

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
0.0822%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 10, 2000
Sold by
Bought by

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
0.0816%

Purchase Details

Closed on
Nov 3, 1998
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 1993
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$327,000 Wfg National Title Insurance C
-- None Available
-- Chicago Title Company
-- Chicago Title Company
-- None Available
$125,000 First American Title Company
-- First American Title Company
$97,000 First American Title Company
-- First American Title Company
$69,000 First American Title
$254,150 None Available
$361,000 Stewart Title Of Modesto
$223,000 Fidelity National Title
-- Fidelity National Title Co
$85,500 Fidelity National Title Co
-- --
$25,000 Fidelity National Title Co
$60,000 Fidelity National Title
-- Stewart Title Of Modesto
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $228,900
Previous Owner $165,200
Previous Owner $72,750
Previous Owner $85,000
Previous Owner $288,800
Previous Owner $167,250
Previous Owner $144,000
Previous Owner $68,400
Previous Owner $65,500
Previous Owner $27,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    Seller's Agent in 2024

    Renee Ledbetter

    Exit Realty Consultants

    (209) 800-3948

    3 in this area

    56 Total Sales

    Renee Ledbetter
    Section Image
  • Jose Cibrian

    Buyer's Agent in 2024

    Jose Cibrian

    Exit Realty Consultants

    (209) 658-9116

    2 in this area

    118 Total Sales

    Jose Cibrian
    Section Image
  • Demetrio Robles

    Seller's Agent in 2014

    Demetrio Robles

    Casa Robles R.E. Inc.

    (209) 614-0476

    4 in this area

    118 Total Sales

    Demetrio Robles
    Section Image
  • Hiram Kemp

    Seller's Agent in 2013

    Hiram Kemp

    California Realtors & Mngt.

    (209) 495-0948

    36 Total Sales

    Hiram Kemp
    Section Image

  • R

    Buyer's Agent in 2013

    Reyes Valenzuela

    Henry Pereira, Broker

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC24239118

California Regional Multiple Listing Service (CRMLS)

APN: 038-15-11

California Stanislaus County Modesto 95351 Bystrom

821 Lombardo Ave, Modesto, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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