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725 Park Meadow Drive

725 Park Meadow Drive, Modesto, CA 95358
Sold Nov 26, 2008
$105,000
$150,000 by American Pacific Mortgage Corp
Mortgage Due Apr 01, 2041
Sold Jul 31, 2008
$347,823
Local assessors in Modesto, CA have categorized 725 Park Meadow Drive as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 4,792 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 725 Park Meadow Drive has a total of 1,463 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - C. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 725 Park Meadow Drive sold most recently in Nov 18, 2008 for a total of $105,000. If you work out the math, that's approximately a cost of $71.77 per sqft. Before that, the property was also sold for $347,823 in Jul 24, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,996 in taxes each year. 725 Park Meadow Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $348,534. If we break it down further, the land itself was valued at $156,060. Improvements to the property, however, were assessed at a total of $192,474. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,463
  • Gross Building Area: 1,463
  • Building Area: 1,463
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,463
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK VLY HOMES PH 03
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LKOT 7 BLK 9857 PARK VALLEY HOMES PH. 3

Ownership

  • Current Owner : OLIVA JESUS
  • Previous Owner : HSBC BANK USA NATIONAL ASSOCIATION
  • Owner Before Previous Owner: OCHOA SALVADOR A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Modesto City Elementary School District
  • Census Tract: 002401

Geography

  • Parcel: 056-075-049-000
  • Block: 9857
  • Lot: 7
  • Municipality: TURLOCK
  • Latitude: 37.5962
  • Longitude: -121.003

    Address

  • Full Address: 725 Park Meadow Dr
  • Address - House Number: 725
  • Address - Street Name: Park Meadow
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Modesto
  • Carrier Code: C050
  • 4-Digit Zip Code: 6096
  • Zip Code: 95358

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,996
  • Tax Rate Code Area: 002-073

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 77
  • Final Value: 407,756
  • High Value: 478,868
  • Low Value: 336,644

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 19, 2021
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,534
  • Assessed Land Value: $156,060
  • Assessed Improvements Value: $192,474

    Sales

  • Current Sale Contract Date: Nov 18, 2008
  • Current Sale Recording Date: Nov 26, 2008
  • Current Sale Transaction ID: 1056770073
  • Current Sale Price: $105,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2008-0125533
  • Previous Sale Recording Date: Jul 31, 2008
  • Previous Sale Contract Date: Jul 24, 2008
  • Previous Sale Amount: $347,823
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: AMBECK MORTGAGE ASSOCIATES
  • First Mortgage Transaction Date: Nov 26, 2008
  • First Mortgage Loan Amount: $103,632
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2038

About Park Valley Homes



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Frequently Asked Questions

What neighborhood is 725 Park Meadow Drive located in?
The 725 Park Meadow Drive is a located in the neighborhood of Park Valley Homes in Park Valley Homes, Modesto.
What is the average sales price for listings in 725 Park Meadow Drive?
The average sales price for units in 725 Park Meadow Drive is $0 currently.

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