NOT LISTED FOR SALE

916 Spencer Ave Modesto, CA 95351

West Modesto Neighborhood

Estimated Value: $521,260

6 Beds
4 Baths
2,380 Sq Ft
$219/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $284,000 $119 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,044/month

9 Days on Market

Highlights

  • A-Frame Home
  • Central Heating
  • 1-Story Property
  • No HOA
  • Garage

About This Home

As of March 2017

Good looking duplex on a corner lot.3 bedrooms,2 bath & 2 car garages on each side.Both units have been recently updated.Opportunity to live on one side & rent the other!!!!!!!!!!!

Last Agent to Sell the Property

Vijay Shankar

Shankar Real Estate & Property Management License #01212132 Listed on: 01/16/2017

Last Buyer's Agent

Antone Drinkard

JRP Realty Group License #01981307

JRP Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 7,000

Parking

  • Garage

Home Design

  • Duplex
  • A-Frame Home
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Carbon Monoxide Detectors

Additional Features

  • 7,000 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Security Deposit $1,000
  • Tenant pays for rent only
  • Assessor Parcel Number 030-013-071-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1989
  • Architectural Style: A-Frame
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Dishwasher,Disposal
  • Flooring: Carpet,Tile
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 300000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Rent Only
  • Total Deposit: 1000
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 030-013-071-000

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2017
Closed on
Feb 9, 2017
Sold by
Philley Charles F and Philley Shelley M
Bought by
Cheng Kai
Seller's Agent
Vijay Shankar
Shankar Real Estate & Property Management
Buyer's Agent
Antone Drinkard
JRP Realty Group
List Price
$300,000
Sold Price
$284,000
Premium/Discount to List
-$16,000
-5.33%
Current Estimated Value
$521,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,260
Avg. Annual Appreciation
7.11%
Original Mortgage
$213,000
Outstanding Balance
$175,810
Interest Rate
4.09%
Mortgage Type
Commercial
Estimated Equity
$345,450

Purchase Details

Closed on
Jan 30, 2013
Sold by
Philley Charles F and Philley Shelley M
Bought by
Philley Charles F and Philley Shelley M

Purchase Details

Listed on
Feb 1, 2012
Closed on
May 16, 2012
Sold by
Peseau Dennis and The Phillipart Family Credit S
Bought by
Philley Charles F and Philley Shelly M
Seller's Agent
Andrew Rowan
Rowan Realty
Buyer's Agent
Vijay Shankar
Shankar Real Estate & Property Management
List Price
$147,000
Sold Price
$145,000
Premium/Discount to List
-$2,000
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$108,750
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2006
Sold by
Phillipart Charles R
Bought by
Phillipart Charles R and Phillipart Family Credit Shelt
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
Cheng Kai $284,000 First American Title Company
Philley Charles F -- None Available
Philley Charles F $145,000 First American Title Company
Phillipart Charles R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Kai $213,000
Previous Owner Philley Charles F $108,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2017 03/03/17 Sold $284,000 -5.3% $119 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $300,000 +106.9% $126 / Sq Ft
05/25/2012 05/25/12 Sold $145,000 -1.4% $61 / Sq Ft View Prior Sale
04/18/2012 04/18/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $147,000 -- $62 / 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 $3,854 $329,599 $92,843 $236,756
2024 $3,682 $323,137 $91,023 $232,114
2023 $3,628 $316,802 $89,239 $227,563
2022 $3,540 $310,591 $87,490 $223,101
2021 $3,329 $304,502 $85,775 $218,727
2020 $3,395 $301,381 $84,896 $216,485
2019 $3,316 $295,473 $83,232 $212,241
2018 $3,157 $289,680 $81,600 $208,080
2017 $1,703 $156,923 $27,054 $129,869
2016 $1,670 $153,847 $26,524 $127,323
2015 $1,648 $151,537 $26,126 $125,411
2014 $1,622 $148,570 $25,615 $122,955
Source: Public Records

Agents Affiliated with this Home

  • Vijay Shankar

    Seller's Agent in 2017

    Vijay Shankar

    Shankar Real Estate & Property Management

    (209) 531-3255

    3 in this area

    31 Total Sales

    Vijay Shankar
    Section Image
  • Antone Drinkard

    Buyer's Agent in 2017

    Antone Drinkard

    JRP Realty Group

    (209) 556-7052

    3 Total Sales

    Antone Drinkard
    Section Image

  • A

    Seller's Agent in 2012

    Andrew Rowan

    Rowan Realty

    (209) 605-2994

    15 Total Sales

    Andrew Rowan
    Section Image
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Map

Source: MetroList

MLS Number: 17002485

MetroList

APN: 030-13-71

California Stanislaus County Modesto 95351 West Modesto

916 Spencer Ave, Modesto, CA

Not Listed for Sale

MultiFamily

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