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$525,000   Price Analysis
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1312 Vernon Ave
Modesto, CA 95351
6 bed 3 bath 2,392 SqFt ($219/SqFt)
0.28 acre lot. Built 1949
Listed 2023-11-09, Taxes $757
Ⓧ USDA Ineligible
due to location

near Modesto

3 homes on 1 lot w/ impressive income of $4034 a month.

* No Longer For Sale *
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All 3 homes have been updated over the last 4 years including new water/gas lines. Unit 1: 627 sq ft, 2 bed/1bath, Monthly Rent is $1485 ( HA $1147, Tenant $338). Home has new floor boards, new flooring t/o, remodeled bathroom, w/ new fixtures + flooring, kitchen has been updated w/ new sink, new cabinets, new appliances, rebuilt interir walls and repainted walls, new windows installed, new central a/c and wall heater, new tankless water heater installed, new electrical upgrades and attic insulation, new Large deck, Brand new roof, new leach lines.

Unit 2: 607 sq ft w/ 2 beds/1bath Monthly Rent is $1450 ( HA $1384, Tenant $66) Renovations include new flooring t/o, remodeled bathroom w/ new fixtures, new kitchen w/ new sink & appliances, new windows installed, new water heater, electrical upgrades, new wall heater, new air conditioner, New roof. Unit 3 is 1158 sq ft 2 bed/1bath, Monthly Rent is $1099 ( HA $812, Tenant Share $287) Unit 3 has newer flooring t/o, new windows installed, new kitchen w/ new appliances, electrical upgrades, new air conditioners, new tankless water heater installed, new wall heater, remodeled bathroom w/ new fixtures. New roof. All units have separate septic tanks. Detached garage could be a possible 4th unit!


Presented by Bethany Mendoza at
PMZ Real Estate - Carpenter.
Listing Agent Photo

Property MLS #223108642 from MetroList

Bedrooms: 6

Equipment: Free Standing Gas Range, Gas Water Heater, Hood Over Range, Microwave, Tankless Water Heater, Free Standing Electric Range

Cooling Features: Ceiling Fan(s), Central, Window Unit(s)
Heating Features: Wall Furnace

Full Bathrooms: 3
Bathroom 1 Features: Shower Stall(s), Tile, Tub w/Shower Over

Interior Amenities: Main Level : Bedroom(s), Dining Room, Family Room, Full Bath(s), Kitchen, Street Entrance
Flooring: Laminate, Linoleum, Tile

Dining Room Description: Breakfast Nook
Kitchen Features: Granite Counter

Living Room Features: Great Room

Lot Description: Private
Lot Size Acres: 0.2836
Lot Size Dimensions: 75x164
Lot Size Square Feet: 12354

Garage Spaces: 2
Garage Description: Detached, Uncovered Parking Space
Open Parking Spaces: 6

Road Responsibility: Public Maintained Road

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: Modesto City
High School District: Modesto City
Middle or Junior School District: Modesto City

Burbank Elementary School is a public elementary school located approximately 0.3 miles away.
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Mark Twain Junior High School is a public middle school located approximately 0.7 miles away.
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Modesto High School is a public high school located approximately 1.2 miles away.
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Central Catholic High School is a private high school located approximately 0.9 miles away.
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Source Listing Status: Closed
County: Stanislaus
Cross Street: Chicago
Directions: From Carpenter Road, Go East on Chicago, South on Vernon to property.
Source Property Type: Residential
Area: Modesto So of Hwy 132 West of Hw
Source Neighborhood: 20105
Parcel Number: 037-002-027
Postal Code Plus 4: 2304
Zoning: RES
Property Subtype: 3+ Houses on Lot
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$48,719 + $8,518
$57,237
$757
2021$47,764 + $8,351
$56,115
$717
2020$47,275 + $8,266
$55,541
$727
2019$46,349 + $8,104
$54,453
$712
2018$45,441 + $7,946
$53,387
$682
2017$44,550 + $7,791
$52,341
$668
2016$43,677 + $7,639
$51,316
$657
2015$43,021 + $7,525
$50,546
$649
2014$42,179 + $7,378
$49,557
$633
2013$41,989 + $7,345
$49,334
$631
2012$41,166 + $7,201
$48,367
$623
2010$40,359 + $7,060
$47,419
$603
2009$40,153 + $7,024
$47,177
$597
2008$39,366 + $6,887
$46,253
$580
2007$38,595 + $6,752
$45,347
$578

Listing removed 2024-05-24
$525,000
MetroList
Relisted 2023-11-28
$525,000
MetroList
Listing removed 2023-11-21
$525,000
MetroList
Listed 2023-11-09
$525,000
MetroList

Year Built: 1949
Construction Materials: Block, Frame
Foundation Details: Raised, Slab
Living Area Source: Assessor Agent-Fill
Property Age: 75
Roof: Roof Description:Composition
Levels or Stories: 1
Structure Type: Detached

Sewer: Septic System
Public
Water Source: Meter on Site

Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.