NOT LISTED FOR SALE

905 Colorado Ave Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $422,708

4 Beds
2 Baths
1,566 Sq Ft
$270/Sq Ft Est. Value

Sale Details

Date Sold: October 10, 2022

Last sale price $390,000 $249 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,800 / mo

5 Days on Market

Highlights

  • No HOA
  • Landscaped
  • 1-Story Property
  • Tile Flooring
  • Security Fence

About This Home

As of October 2022

This is a fantastic duplex investment opportunity at 905 Colorado Ave, Modesto. The property is being sold in parallel with two other neighboring duplexes (821 Colorado Ave and 825 Colorado Ave) and the owner is open to individual sales or a portfolio sale. Both units are 2-bedroom units with over 750 square feet of living space in each. The units feature carport parking, security fences, and washer/dryer hookups. Gross monthly income on the property is nearly $3,000 per month! With tenants paying all the utility charges with the exception of garbage, the operating expenses are minimal - putting more cash in your pocket each month.

Last Agent to Sell the Property

Andy Hodgson

Colliers Parrish Inten'l Inc. License #01796017 Listed on: 08/19/2022

Last Buyer's Agent

Brian Konrad

Konrad Real Estate License #01908081

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,662 Sq Ft Lot
  • Security Fence
  • Landscaped

Home Design

  • Duplex
  • Raised Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 4 Parking Spaces
  • Carport

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 037-043-036

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

Year Built

Built in 1950

Lot Details

5,662 Sq Ft Lot

Listing Details

  • MLS Status: Closed
  • Standard Status: Closed
  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1950
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Laminate

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Raised
  • Listing Price: 415000.00
  • Lot Features: Landscape Front

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Security: Security Fence
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-2
  • Irrigation: None
  • Lot Size Acres: 0.1300
  • Lot Size Sq Ft: 5662.00

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: 037-043-036
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

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
Aug 19, 2022
Closed on
Sep 27, 2022
Sold by
Pedmead Lp
Bought by
Seller's Agent
Andy Hodgson
Colliers Parrish Inten'l Inc.
Buyer's Agent
Brian Konrad
Konrad Real Estate
List Price
$415,000
Sold Price
$390,000
Premium/Discount to List
-$25,000
-6.02%
Views
26
Current Estimated Value
$422,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,708
Avg. Annual Appreciation
2.05%
Original Mortgage
$266,250
Outstanding Balance
$251,489
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$171,219

Purchase Details

Closed on
Apr 29, 2014
Sold by
Resh Ron and Reynolds Resh Valerie
Bought by
Pedmead Lp

Purchase Details

Closed on
Sep 20, 2012
Sold by
Resh Ron and Reynolds Resh Valarie
Bought by
Pedmead Lp

Purchase Details

Closed on
May 1, 2012
Sold by
Resh Ron and Reynolds Resh Valarie
Bought by
Pedmead Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,485
Interest Rate
3.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2012
Sold by
Pedmead Lp
Bought by
Resh Ron and Reynolds Resh Valarie

Purchase Details

Closed on
Sep 14, 2009
Sold by
Resh Ron and Reynolds Resh Valarie
Bought by
Pedmead Lp

Purchase Details

Closed on
Oct 9, 2003
Sold by
Resh Ronald J and Reynolds Resh Valarie
Bought by
Resh Ron and Reynolds Resh Valarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,250
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 1993
Sold by
Reckling John C and Reckling Debra L
Bought by
Resh Ronald J and Reynolds Resh Valarie
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in West Modesto, CA

  • Aaron Unger Real Estate Agent - Simplified Realty

    Aaron Unger

    Simplified Realty

    (209) 255-5824

    154 Total Sales

    3 in West Modesto

    $326K - $490K Price Range

    Aaron Unger
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  • John Altstatt Real Estate Agent - Homelink Real Estate

    John Altstatt

    Homelink Real Estate

    (345) 345-3132

    91 Total Sales

    1 in West Modesto

    $365,000 Price

    John Altstatt
     Section Image
  • Margeley Bernal Real Estate Agent - J.Peter Realtors

    Margeley Bernal

    J.Peter Realtors

    (209) 554-1717

    135 Total Sales

    2 in West Modesto

    $335K - $357K Price Range

    Margeley Bernal
     Section Image
  • Cindy Thomas Real Estate Agent - HomeSmart PV & Associates

    Cindy Thomas

    HomeSmart PV & Associates

    (209) 263-4749

    73 Total Sales

    1 in West Modesto

    $105,000 Price

    Cindy Thomas
     Section Image
  • Candice Terry Real Estate Agent - PMZ Real Estate

    Candice Terry

    PMZ Real Estate

    (209) 427-1750

    74 Total Sales

    1 in West Modesto

    $390,000 Price

    Candice Terry
     Section Image
  • Cristina Martinez Real Estate Agent - HomeSmart PV & Associates

    Cristina Martinez

    HomeSmart PV & Associates

    (209) 554-5717

    32 Total Sales

    1 in West Modesto

    $375,000 Price

    Cristina Martinez
     Section Image
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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
$390,000 Old Republic Title
Pedmead Lp -- None Available
Pedmead Lp -- None Available
Pedmead Lp -- None Available
Resh Ron -- Servicelink
Pedmead Lp -- None Available
Resh Ron -- Alliance Title Company
Resh Ronald J $33,000 --
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
Open $266,250
Previous Owner Resh Ron $74,485
Previous Owner Resh Ron $152,250
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
10/10/2022 10/10/22 Sold $390,000 -6.0% $249 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $415,000 -- $265 / Sq Ft
Source: MetroList

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 $4,745 $405,756 $176,868 $228,888
2024 $4,532 $397,800 $173,400 $224,400
2023 $4,466 $390,000 $170,000 $220,000
2022 $2,008 $176,180 $48,049 $128,131
2021 $1,888 $172,726 $47,107 $125,619
2020 $1,926 $170,955 $46,624 $124,331
2019 $831 $74,049 $23,139 $50,910
2018 $791 $72,598 $22,686 $49,912
2017 $772 $71,176 $22,242 $48,934
2016 $758 $69,781 $21,806 $47,975
2015 $747 $68,734 $21,479 $47,255
2014 $736 $67,389 $21,059 $46,330
Source: Public Records

Agents Affiliated with this Home

  • Andy Hodgson Real Estate Agent - Colliers Parrish Inten'l Inc.

    Seller's Agent in 2022

    Andy Hodgson

    Colliers Parrish Inten'l Inc.

    (209) 475-5110

    5 in this area

    56 Total Sales

    Andy Hodgson
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  • Brian Konrad Real Estate Agent - Konrad Real Estate

    Buyer's Agent in 2022

    Brian Konrad

    Konrad Real Estate

    (209) 327-4083

    3 in this area

    77 Total Sales

    Brian Konrad
    Section Image
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Map

Source: MetroList

MLS Number: 222110437

MetroList

APN: 037-43-36

California Stanislaus County Modesto 95351 West Modesto

905 Colorado 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.

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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