NOT LISTED FOR SALE

Estimated Value: $417,000 - $429,308

3 Beds
2 Baths
1,500 Sq Ft
$282/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $405,000 $270 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,698/month

63 Days on Market

Highlights

  • No HOA
  • Security Fence
  • 1-Story Property
  • 2 Car Garage
  • Carpet

About This Home

As of August 2023

This duplex on Burke Ave is located in a quiet neighborhood of Central Modesto. The units feature individual yards and garage parking. The duplex is comprised of (1) 1-bedroom, 1-bath unit and (1) 2-bedroom, 1-bath unit. The rents are well below market rent. Investors will have an opportunity to move rents to market rates and hold as a great long-term investment.

Last Agent to Sell the Property

Jacob Friedrich

Cosol Commercial Real Estate License #02017662 Listed on: 05/30/2023

Last Buyer's Agent

Garrett Smith

Realty ONE Group Zoom License #01725468

Realty ONE Group Zoom

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,707

Year Built

  • Built in 1951

Lot Details

  • 7,405 Sq Ft Lot
  • Security Fence

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Raised Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 1-Story Property

Flooring

  • Carpet
  • Laminate

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 112-016-009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,707

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1951
  • Stories: 1
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate
  • Price Per Square Foot: 247.86

Exterior Features

  • Construction Materials: Stucco, Frame
  • Foundation: Raised
  • Listing Price: 405000.00
  • Lot Features: Curbs/Gutters

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Security: Security Fence
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Varies by Unit, Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R2
  • Irrigation: None
  • Lot Size Acres: 0.1700
  • Lot Size Sq Ft: 7405.00

Rental Info

  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 112-016-009
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 1996
Sold by
Hodges Charles L and Hodges Mildred E
Bought by
Hodges Charles L and Hodges Mildred E
Current Estimated Value
$423,154
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
Hodges Charles L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $405,000 0.0% $270 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $405,000 0.0% $270 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $405,000 -- $270 / 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
2024 $4,707 $413,100 $219,300 $193,800
2023 $1,103 $96,293 $43,521 $52,772
2022 $1,076 $94,406 $42,668 $51,738
2021 $1,012 $92,556 $41,832 $50,724
2020 $1,032 $91,608 $41,404 $50,204
2019 $1,008 $89,813 $40,593 $49,220
2018 $960 $88,053 $39,798 $48,255
2017 $937 $86,327 $39,018 $47,309
2016 $919 $84,635 $38,253 $46,382
2015 $906 $83,365 $37,679 $45,686
2014 $892 $81,733 $36,941 $44,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223048694

MetroList

APN: 112-16-09