Check Availability

2016 Malcom Way

2016 Malcom Way, Modesto, CA 95356
Sold Dec 30, 2022
$670,000
$590,000 by Summit Funding Inc
Mortgage Due Jan 01, 2053
Sold Nov 30, 2017
$480,000
$325,000 by General Mortgage Capital Corp
Mortgage Due Dec 01, 2047
2016 Malcom Way has been categorized by the local assessors in Modesto, CA as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2016 Malcom Way has 3,363 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,098 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. Love to swim? You'll be excited to find out that there is a unknown on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2016 Malcom Way sold most recently in Dec 19, 2022 for a total of $670,000. If you work out the math, that's approximately a cost of $199.23 per sqft. Before that, the property was also sold for $480,000 in Oct 21, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,340 in taxes each year. 2016 Malcom Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $670,000. If we break it down further, the land itself was valued at $230,000. Improvements to the property, however, were assessed at a total of $440,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,363
  • Gross Building Area: 3,363
  • Building Area: 3,363
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,363
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MADISON POINTE
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MADISON POINTE (39M30)

Ownership

  • Current Owner : HEDBERG KYLE
  • Previous Owner : TRAN CHRISTINA
  • Previous Owner 2: TRAN STEVEN TRUNG
  • Owner Before Previous Owner: MARTINEZ MARK W
  • Owner Before Previous Owner 2: MARTINEZ SUZANNE H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Stanislaus Union Elementary School District
  • Census Tract: 000511

Geography

  • Parcel: 046-024-025-000
  • Block: 14415
  • Lot: 9
  • Latitude: 37.6983
  • Longitude: -121.031

    Address

  • Full Address: 2016 Malcom Way
  • Address - House Number: 2016
  • Address - Street Name: Malcom
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Modesto
  • Carrier Code: R022
  • 4-Digit Zip Code: 8409
  • Zip Code: 95356

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,340
  • Tax Rate Code Area: 002-205

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 80
  • Final Value: 692,275
  • High Value: 801,185
  • Low Value: 583,366

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $590,000
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Dec 30, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $590,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $670,000
  • Assessed Land Value: $230,000
  • Assessed Improvements Value: $440,000

    Sales

  • Current Sale Contract Date: Dec 19, 2022
  • Current Sale Recording Date: Dec 30, 2022
  • Current Sale Transaction ID: 11900523436
  • Current Sale Price: $670,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 81409
  • Previous Sale Recording Date: Nov 30, 2017
  • Previous Sale Contract Date: Oct 21, 2017
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Dec 30, 2022
  • First Mortgage Loan Amount: $590,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GENERAL MORTGAGE CAPITAL CORP
  • Previous Mortgage Transaction Date: Nov 30, 2017
  • Previous Mortgage Loan Amount: $325,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2047

About Madison Pointe



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2016 Malcom Way located in?
The 2016 Malcom Way is a house located in the neighborhood of Madison Pointe in Madison Pointe, Modesto.
What is the average sales price for listings in 2016 Malcom Way?
The average sales price for units in 2016 Malcom Way is $0 currently.

Quantcast