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1318 Melrose Avenue

1318 Melrose Avenue, Modesto, CA 95350
Property in Stanislaus
Sold Mar 16, 2020
$305,000
$316,956 by Scenic Oaks Funding
Mortgage Due Apr 01, 2050
1318 Melrose Avenue in Modesto, CA was first built in 1925 and is 99 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1318 Melrose Avenue has 1,206 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Mar 13, 2020 for $305,000. That's $252.90 per sqft. 1318 Melrose Avenue was last assessed in 2023. The total value of the property was assessed at $320,607. Specifically, the land the property is located on was valued at $157,676. While improvements on the property were assessed at a total of $162,931. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,591. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,206
  • Gross Building Area: 1,206
  • Building Area: 1,206
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,206
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MENSINGER COLONY
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GOMEZ GIA
  • Previous Owner : MCELROY DONNA
  • Previous Owner 2: D MCELROY TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Modesto City Elementary School District
  • Census Tract: 001100

Geography

  • Parcel: 031-014-065-000
  • Lot: 25
  • Municipality: TURLOCK
  • Latitude: 37.6625
  • Longitude: -120.987

    Address

  • Full Address: 1318 Melrose Ave
  • Address - House Number: 1318
  • Address - Street Name: Melrose
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Modesto
  • Carrier Code: C032
  • 4-Digit Zip Code: 5509
  • Zip Code: 95350

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,591
  • Tax Rate Code Area: 002-001

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 77
  • Final Value: 425,501
  • High Value: 499,235
  • Low Value: 351,767

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $327,631
  • First Open Lien Mortgage Lender: SCENIC OAKS FUNDING
  • First Open Lien Mortgage Recording Date: Mar 16, 2020
  • First Open Lien Mortgage Loan Amount: $316,956
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050
  • Second Open Lien Mortgage Lender: SCENIC OAKS FUNDING
  • Second Open Lien Mortgage Recording Date: Mar 16, 2020
  • Second Open Lien Mortgage Loan Amount: $10,675
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $320,607
  • Assessed Land Value: $157,676
  • Assessed Improvements Value: $162,931

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 13, 2020
  • Current Sale Recording Date: Mar 16, 2020
  • Current Sale Transaction ID: 11748363801
  • Current Sale Price: $305,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0018312

    Last Sale Mortgage

  • First Mortgage Lender: SCENIC OAKS FUNDING
  • First Mortgage Transaction Date: Mar 16, 2020
  • First Mortgage Loan Amount: $316,956
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

About Modesto



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Frequently Asked Questions

What neighborhood is 1318 Melrose Avenue located in?
The 1318 Melrose Avenue is a located in the neighborhood of Stanislaus in Modesto, Modesto.
What is the average sales price for listings in 1318 Melrose Avenue?
The average sales price for units in 1318 Melrose Avenue is $0 currently.

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