NOT LISTED FOR SALE

Estimated Value: $457,882 - $488,000

3 Beds
2 Baths
1,000 Sq Ft
$473/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $408,700 $409 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,981/month

47 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • 1-Story Property
  • No HOA
  • 2 Car Garage

About This Home

As of July 2021

Don't miss out on this opportunity! Two houses on one lot with the possibility for at least one, possibly more, ADU units to be added with plenty of space on the back portion of the lot. Buyer to due their due diligence and check with City Planning department. Front home has inside laundry hooks ups, back house laundry hook ups in garage space. Tenants pay all utilities. Expenses included turn around expense during vacancy. Very low monthly expense if any.

Last Agent to Sell the Property

Kathleen Hansen

Joslin Real Estate License #00996447 Listed on: 04/23/2021

Last Buyer's Agent

Pete Diryawush

J.Peter Realtors License #01816251

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,872

Year Built

  • Built in 1937

Lot Details

  • 0.3 Acre Lot
  • Fenced Yard

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Combination Foundation
  • Raised Foundation
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Window Screens
  • Free-Standing Gas Oven

Flooring

  • Wood
  • Carpet
  • Linoleum

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts
  • Natural Gas Connected
  • Property is located within a water district
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, sewer, gas, trash collection, water
  • Assessor Parcel Number 112-045-037-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $1,081
  • Maintenance Expense $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,872

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Other
  • Stories: 1
  • Year Built: 1937
  • Stories: 1
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven, Gas Water Heater
  • Flooring: Carpet, Linoleum, Wood
  • Price Per Square Foot: 237.89
  • Window Features: Window Coverings, Window Screens

Exterior Features

  • Construction Materials: Wood
  • Exterior Features: Fenced Yard
  • Foundation: Combination, Raised, Slab
  • Listing Price: 397000.00
  • Lot Features: Other
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Sewer Connected
  • Utilities: Natural Gas Connected
  • Cooling: Window Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: Varies by Unit, Other
  • Water Source: Water District

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R-2 multi fam dwlg
  • Irrigation: Public District
  • Lot Size Acres: 0.3030
  • Lot Size Sq Ft: 13199

Rental Info

  • Tenant Pays: Electricity, Sewer, Gas, Trash Collection, Water
  • Lease Term: Month To Month
  • Total # Leasable: 2

Multi Family

  • Gross Income: 2005
  • Income Includes: Rent Only
  • Insurance Expense: 1081
  • Maintenance Expense: 6000
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 112-045-037-000
  • Current RE Taxes: 1872
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jul 1, 2021
Sold by
Martin Peggy and Martin Demian
Bought by
Villarreal Lisa Ann and Mauck Ronald Leroy
Seller's Agent
Kathleen Hansen
Joslin Real Estate
Buyer's Agent
Pete Diryawush
J.Peter Realtors
List Price
$439,000
Sold Price
$408,700
Premium/Discount to List
-$30,300
-6.9%
Current Estimated Value
$472,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,241
Avg. Annual Appreciation
2.65%
Original Mortgage
$347,395
Outstanding Balance
$318,603
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$136,941

Purchase Details

Listed on
May 19, 2013
Closed on
Oct 3, 2013
Sold by
Donaldson Harold and Donaldson Arlene
Bought by
Martin Peggy and Martin Demian
Seller's Agent
Diane Battilana
Matel REALTORS
Buyer's Agent
John Medeiros
PMZ Real Estate
List Price
$160,000
Sold Price
$150,200
Premium/Discount to List
-$9,800
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.84%
Original Mortgage
$97,630
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2005
Sold by
Donaldson Arlene
Bought by
Donaldson Harold and Donaldson Arlene
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
Villarreal Lisa Ann $409,000 North American Title Co Inc
Martin Peggy $150,500 Old Republic Title Company
Donaldson Harold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villarreal Lisa Ann $347,395
Previous Owner Martin Peggy $97,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $408,700 0.0% $409 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/28/2021 05/28/21 Off Market $408,700 -- --
05/17/2021 05/17/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $439,000 +192.3% $439 / Sq Ft
10/14/2013 10/14/13 Sold $150,200 -6.1% $87 / Sq Ft
08/27/2013 08/27/13 Pending -- -- --
05/18/2013 05/18/13 For Sale $160,000 -- $93 / 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 $4,848 $425,523 $82,191 $343,332
2023 $4,777 $417,180 $80,580 $336,600
2022 $4,661 $409,000 $79,000 $330,000
2021 $1,857 $169,869 $28,309 $141,560
2020 $1,894 $168,128 $28,019 $140,109
2019 $1,850 $164,832 $27,470 $137,362
2018 $1,761 $161,601 $26,932 $134,669
2017 $1,719 $158,433 $26,404 $132,029
2016 $1,686 $155,328 $25,887 $129,441
2015 $1,663 $152,996 $25,499 $127,497
2014 $1,638 $150,000 $25,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 221037495

MetroList

APN: 112-45-37