NOT LISTED FOR SALE

Estimated Value: $514,000 - $655,000

6 Beds
4 Baths
2,100 Sq Ft
$273/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $210,000 $100 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $3,373/month

76 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Double Pane Windows
  • Garage

About This Home

As of May 2014

Newly updated duplex each unit 3 bed and 2 full bath each with a 2 car garage! Positive cash flow opportunity. One unit currently rented for $950, other unit recently vacant and now has fresh paint, new flooring and fixtures and will be complete for you or your future tenant.

Last Agent to Sell the Property

Steven Zagaris

PMZ Real Estate License #01700277 Listed on: 02/20/2014

PMZ Real Estate

Last Buyer's Agent

Vijay Shankar

Shankar Real Estate & Property Management License #01212132

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 6,534

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Built-In Electric Range

Additional Features

  • 6,534 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity trash collection water
  • Assessor Parcel Number 039-045-010

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Tempo Park Subdivision

Building Details

  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1987
  • Stories: 1
  • Subdivision: Tempo Park
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 220000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.1500
  • Lot Dimensions: Irregular -- corner lot
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: Cable TV,Electricity,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 039-045-010

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2018
Sold by
Vaish Ritesh K and Vaish Prerna G
Bought by
Vaish Ritesh K and Vaish Prerna G
Current Estimated Value
$573,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Outstanding Balance
$215,835
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$357,954

Purchase Details

Closed on
Jul 25, 2018
Sold by
Vanam Sathaiah
Bought by
Vaish Ritesh K and Vaish Prena G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2014
Closed on
May 20, 2014
Sold by
Barnett Mark and Barnett Courtney
Bought by
Vanam Sathaiah
Seller's Agent
Steven Zagaris
PMZ Real Estate
Buyer's Agent
Vijay Shankar
Shankar Real Estate & Property Management
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Listed on
Feb 20, 2014
Closed on
May 19, 2014
Sold by
Barnett Mark
Bought by
Barnett Mark and Barnett Courtney
Seller's Agent
Steven Zagaris
PMZ Real Estate
Buyer's Agent
Vijay Shankar
Shankar Real Estate & Property Management
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%

Purchase Details

Closed on
Nov 3, 2010
Sold by
Polf Glenn
Bought by
Barnett Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2010
Sold by
Jessie Espinosa Enterprises Inc
Bought by
Polf Glenn

Purchase Details

Closed on
Jan 28, 2010
Sold by
Corrales Felix and Bravo Bertha A
Bought by
Jessie Espinosa Enterprises Inc

Purchase Details

Closed on
Jul 26, 2005
Sold by
Caudill Jon
Bought by
Rivers Shane L

Purchase Details

Closed on
Dec 15, 2003
Sold by
Corrales Felix and Bravo Bertha
Bought by
Corrales Felix and Bravo Bertha

Purchase Details

Closed on
Jan 3, 2003
Sold by
Youkaman Asher
Bought by
Corrales Felix and Bravo Bertha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
5.97%

Purchase Details

Closed on
Apr 26, 2002
Sold by
Alexander Norman J
Bought by
Youkanan Ashur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,300
Interest Rate
6.74%
Mortgage Type
Commercial
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

Date Buyer Sale Price Title Company
Vaish Ritesh K -- None Available
Vaish Ritesh K -- None Available
Vaish Ritesh K $360,000 First American Title Co
Vanam Sathaiah -- First American Title Centra
Vanam Sathaiah $210,000 First American Title Company
Barnett Mark -- First American Title Company
Barnett Mark $134,000 Placer Title Company
Polf Glenn $109,000 Commerce Title Company
Polf Glenn -- Commerce Title Company
Alahverdi Tony -- Commerce Title Company
Jessie Espinosa Enterprises Inc $88,001 Old Republic Default Managem
Rivers Shane L -- First American Title Co
Corrales Felix -- --
Corrales Felix $255,000 Fidelity National Title
Youkanan Ashur $177,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaish Ritesh K $247,500
Closed Vaish Ritesh K $270,000
Previous Owner Barnett Mark $100,500
Previous Owner Corrales Felix $242,250
Previous Owner Youkanan Ashur $159,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2014 05/23/14 Sold $210,000 -4.5% $100 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $220,000 -- $105 / 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 $4,828 $401,583 $105,972 $295,611
2024 $4,618 $393,710 $103,895 $289,815
2023 $4,552 $385,991 $101,858 $284,133
2022 $4,445 $378,423 $99,861 $278,562
2021 $4,188 $371,003 $97,903 $273,100
2020 $4,268 $367,200 $96,900 $270,300
2019 $4,172 $360,000 $95,000 $265,000
2018 $2,598 $226,243 $32,319 $193,924
2017 $2,539 $221,808 $31,686 $190,122
2016 $2,493 $217,460 $31,065 $186,395
2015 $2,457 $214,195 $30,599 $183,596
2014 $1,656 $140,045 $26,128 $113,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14010061

MetroList

APN: 039-45-10