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720 Watson Avenue

720 Watson Avenue, Modesto, CA 95358
Property in Olympic
Sold Sep 22, 1995
$43,000
$34,400 by Secured Bankers Mtg Company
Mortgage Due Oct 01, 2025
Sold Apr 14, 1995
$59,721
Local assessors in Modesto, CA have categorized 720 Watson Avenue as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 6,534 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 720 Watson Avenue has a total of 900 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Residents rely on no air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 720 Watson Avenue was last sold in Aug 29, 1995 for $43,000. According to our calculations, that's $47.78 per sqft. Prior to that sales transaction, the property was sold for $59,721 in Apr 7, 1995. Current property owners are expected to pay $857 in taxes per year. The property on 720 Watson Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $68,642. To break that down further, the land itself was valued at $28,734. While improvements to the property were assessed at a total of $39,908. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Frontage Feet: 500
  • Total Building Area: 900
  • Gross Building Area: 900
  • Building Area: 900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLYMPIC TRACT
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 BLK 10026 OLYMPIC TRACT

Ownership

  • Current Owner : MADRIGAL JOSE M
  • Current Owner 2: MADRIGAL MARIA GUADALUPE
  • Previous Owner : HUD
  • Owner Before Previous Owner: CITICORP MTG INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ceres Unified School District
  • Census Tract: 002506

Geography

  • Parcel: 086-006-035-000
  • Block: 10026
  • Lot: 6
  • Latitude: 37.6063
  • Longitude: -120.983

    Address

  • Full Address: 720 Watson Ave
  • Address - House Number: 720
  • Address - Street Name: Watson
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Modesto
  • Carrier Code: C014
  • 4-Digit Zip Code: 5725
  • Zip Code: 95358

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $857
  • Tax Rate Code Area: 054-017

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 77
  • Final Value: 300,158
  • High Value: 352,523
  • Low Value: 247,794

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $34,400
  • First Open Lien Mortgage Lender: SECURED BANKERS MTG COMPANY
  • First Open Lien Mortgage Recording Date: Sep 22, 1995
  • First Open Lien Mortgage Loan Amount: $34,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2025

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,642
  • Assessed Land Value: $28,734
  • Assessed Improvements Value: $39,908

    Sales

  • Current Sale Contract Date: Aug 29, 1995
  • Current Sale Recording Date: Sep 22, 1995
  • Current Sale Transaction ID: 1044623073
  • Current Sale Price: $43,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 95-0075935
  • Previous Sale Recording Date: Apr 14, 1995
  • Previous Sale Contract Date: Apr 07, 1995
  • Previous Sale Amount: $59,721
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: SECURED BANKERS MTG COMPANY
  • First Mortgage Transaction Date: Sep 22, 1995
  • First Mortgage Loan Amount: $34,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2025

About Olympic



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Frequently Asked Questions

What neighborhood is 720 Watson Avenue located in?
The 720 Watson Avenue is a located in the neighborhood of Olympic in Olympic, Modesto.
What is the average sales price for listings in 720 Watson Avenue?
The average sales price for units in 720 Watson Avenue is $0 currently.

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