NOT LISTED FOR SALE

828 Sutter Ave Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $484,563 - $619,000

9 Beds
4 Baths
3,450 Sq Ft
$160/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $260,000 $75 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,648/month

103 Days on Market

About This Home

As of March 2017

GREAT 4PLEX WITH EXCELLENT CASH FLOW & EXTREMELY CLEAN! 3 UNITS ARE 2 BEDROOMS 1 BATH AND 1 UNIT IS A 3 BEDROOM 1 BATH. PERFECT FOR YOUR MOST PICKIEST INVESTOR!

Last Agent to Sell the Property

Paul Harmon

PMZ Real Estate License #01252493 Listed on: 10/19/2016

PMZ Real Estate

Last Buyer's Agent

Antone Drinkard

JRP Realty Group License #01981307

JRP Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,293

Year Built

  • Built in 1967

Lot Details

  • 7,919

HOA Fees

  • $460 Monthly HOA Fees

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Composition Roof

Parking

  • 4 Open Parking Spaces
  • 1 Parking Space Included

Additional Features

  • 2-Story Property
  • 7,919 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Security Deposit $2,845
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 037-044-094-000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 2,520 Units Leased Month-To-Month
  • Insurance Expense $945
  • Operating Expense $14,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,293

Year Built

Built in 1967

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1967
  • Architectural Style: Contemporary
  • Stories: 2
  • Number of Two Bedroom Units: 3
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Electric Range,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Association Docs,Association Dues,CC&Rs,Rental/Lease Agmts
  • Listing Price: 285000.00
  • Patio And Porch Features: Uncovered Patio,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: 1 Space Per Unit

Utilities

  • Security: Fire Alarm,Security Patrol,Smoke Detector
  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Heating: Wall Furnace
  • Utilities Expenses: 3579

Condo/Co-op/Association

  • Association Features: None
  • Association Fee: 460
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1818
  • Lot Size Sq Ft: 7919

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 2845
  • Total # Leasable: 4

Multi Family

  • Gross Income: 30240
  • Operating Expense: 14100
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Insurance Expense: 945
  • Number of Leased Units: 4
  • Number of Month to Month Units: 2520
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 037-044-094-000
  • Current RE Taxes: 2293

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2016
Closed on
Mar 2, 2017
Sold by
Partners Britton Konynenburg
Bought by
Cheng Kai
Seller's Agent
Paul Harmon
PMZ Real Estate
Buyer's Agent
Antone Drinkard
JRP Realty Group
List Price
$285,000
Sold Price
$260,000
Premium/Discount to List
-$25,000
-8.77%
Current Estimated Value
$551,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,782
Avg. Annual Appreciation
9.15%
Original Mortgage
$195,000
Outstanding Balance
$161,407
Interest Rate
4.19%
Mortgage Type
Commercial
Estimated Equity
$390,375

Purchase Details

Closed on
Feb 27, 2009
Sold by
Jp Morgan Chase Bank National Associatio
Bought by
Partners Britton Konynenberg

Purchase Details

Closed on
Dec 4, 2008
Sold by
Villanueva Daniel
Bought by
Jp Morgan Chase Bank Na

Purchase Details

Closed on
Dec 22, 2005
Sold by
Villanueva Rosemary
Bought by
Villanueva Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
5.36%
Mortgage Type
Negative Amortization

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:

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Average Value
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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
Cheng Kai $260,000 Cypress Title Corporation
Partners Britton Konynenberg $206,000 Chicago Title Insurance Co
Jp Morgan Chase Bank Na $300,000 None Available
Villanueva Daniel -- Chicago Title
Villanueva Daniel $434,000 Chicago Title
Sutter Village Of Modesto Llc $5,250,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Kai $195,000
Previous Owner Villanueva Daniel $434,000
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
03/10/2017 03/10/17 Sold $260,000 -8.8% $75 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
10/19/2016 10/19/16 For Sale $285,000 -- $83 / 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 $3,529 $301,745 $81,238 $220,507
2024 $3,371 $295,830 $79,646 $216,184
2023 $3,321 $290,031 $78,085 $211,946
2022 $3,240 $284,345 $76,554 $207,791
2021 $3,048 $278,770 $75,053 $203,717
2020 $3,108 $275,913 $74,284 $201,629
2019 $3,036 $270,504 $72,828 $197,676
2018 $2,890 $265,200 $71,400 $193,800
2017 $2,480 $228,569 $67,682 $160,887
2016 $2,433 $224,088 $66,355 $157,733
2015 $2,400 $220,723 $65,359 $155,364
2014 $2,293 $210,000 $37,500 $172,500
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Paul Harmon

    PMZ Real Estate

    Section Image
  • Antone Drinkard

    Buyer's Agent in 2017

    Antone Drinkard

    JRP Realty Group

    (209) 556-7052

    2 Total Sales

    Antone Drinkard
    Section Image
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Map

Source: MetroList

MLS Number: 16068176

MetroList

APN: 037-44-94

California Stanislaus County Modesto 95351 West Modesto

828 Sutter Ave, Modesto, CA

This home is located at 828 Sutter Ave, Modesto, CA 95351 since 19 October 2016 and is currently estimated at $551,782, approximately $159 per square foot. This property was built in 1967. 828 Sutter Ave is a home located in Stanislaus County with nearby schools including Harriette Kirschen Elementary School, Mark Twain Junior High School, and Modesto High School.

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.

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