1327 Monterey Ave, Modesto, CA 95354

14 beds, 10 baths, 4,726 sqft
Sold: $675,000
Sold on 05/27/14
Zestimate®: $602,315
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*** SELLER MOTIVATED *** Investor special - 6 studio units plus two four bedroom houses on just under a 1/2 acre gated corner lot. One house is brand new with all the bells and whistles and everything done with permits. The other house is a charming older style home in very good condition. All six studio units are rented out and all tenants would like to stay. Owner financing / seller financing available with negotiable terms and conditions.
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Facts
  • Lot: 0.4 acres
  • Multi Family
  • Built in 1948
  • Heating: Wall
  • Last sold: May 2014 for $675,000
  • Price/sqft: $143
Features
  • Fireplace
  • Parking: 3 spaces
Construction
  • Construction quality: 4.0
  • # Stories: 2.0
  • Unit count: 8
Other
  • Floor size: 4,726 sqft
  • Last remodel year: 2013
  • Parcel #: 035043042000
  • Zillow Home ID: 82398041
Home Values
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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$602,315
+$100,114 Last 30 daysd
$464K
$657K
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,099/mo
-$109 Last 30 daysd
$758
$2.1K
Zestimate range

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Neighborhood for 1327 Monterey Avenue

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Zillow predicts 95354 home values will rise 13.8% next year, compared to a 14.1% rise for Modesto as a whole. Among 95354 homes, this home is valued 275% more than the midpoint (median) home, and is valued 11.8% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 95354 market, the number of foreclosures waiting to be sold dropped 44.7% in the last year. The number of unsold foreclosures is 2.2% higher than in Modesto, and 29.7% higher than the national average. This higher local number may prevent 95354 home values from rising as quickly as other regions in Modesto.

Learn more about forecast calculations or 95354 home values.
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