NOT LISTED FOR SALE

Estimated Value: $281,688 - $367,000

3 Beds
2 Baths
1,044 Sq Ft
$305/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $169,500 $162 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,925/month

7 Days on Market

Highlights

  • A-Frame Home
  • No HOA
  • 1-Story Property

About This Home

As of May 2018

Two units, fully rented, great affordable investment opportunity,the units are located minutes from downtown Modesto and Hiway 99.

Last Agent to Sell the Property

Jagar Singh

Century 21 Select Real Estate License #00789589 Listed on: 04/06/2018

Century 21 Select Real Estate

Last Buyer's Agent

Damien Wilson

PMZ Real Estate License #01965502

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,154

Year Built

  • Built in 1921

Lot Details

  • 7,000

Parking

  • Open Parking

Home Design

  • Duplex
  • A-Frame Home
  • Composition Roof

Utilities

  • Wall Furnace
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 7,000 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 104-023-011-000

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

$2,154

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1921
  • Architectural Style: A-Frame
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator,Gas Cook Top
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Vinyl Siding
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 169950.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: duplex
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 2

Multi Family

  • Gross Income: 15600
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 104-023-011-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
May 2, 2018
Sold by
Melson Lola J
Bought by
Ambriz Lakin
Seller's Agent
Jagar Singh
Century 21 Select Real Estate
Buyer's Agent
Damien Wilson
PMZ Real Estate
List Price
$169,950
Sold Price
$169,500
Premium/Discount to List
-$450
-0.26%
Current Estimated Value
$318,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,121
Avg. Annual Appreciation
7.26%
Original Mortgage
$161,025
Interest Rate
4.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ambriz Lakin $169,500 Cypress Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ambriz Lakin $158,700
Closed Ambriz Lakin $161,025
Previous Owner Melson Lola J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $169,500 -0.3% $162 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $169,950 -- $163 / 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 $2,154 $189,074 $122,704 $66,370
2023 $2,122 $185,368 $120,299 $65,069
2022 $2,071 $181,735 $117,941 $63,794
2021 $1,948 $178,173 $115,629 $62,544
2020 $1,986 $176,347 $114,444 $61,903
2019 $1,940 $172,890 $112,200 $60,690
2018 $593 $54,421 $21,446 $32,975
2017 $579 $53,355 $21,026 $32,329
2016 $568 $52,310 $20,614 $31,696
2015 $560 $51,525 $20,305 $31,220
2014 $552 $50,517 $19,908 $30,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18020994

MetroList

APN: 104-23-11