This is the income producing property you have been waiting for! Two homes on one lot and each home has new: Flooring, paint, kitchen, bathroom, HVAC, and updated electrical. This home is ready now to make money, move in one and rent out the other. Located minutes from hwy 99, shopping centers, restaurants, parks, hospitals and vibrant downtown Modesto. Not to mention a huge lot with room for an ADU.
Closed
$515,000
1338 Melrose Ave, Modesto, CA 95350
4beds
2,330sqft
Multi Family, Single Family Residence
Built in 1950
8,698.93 Square Feet Lot
$523,200 Zestimate®
$221/sqft
$2,558 Estimated rent
Home value
$523,200
$497,000 - $549,000
$2,558/mo
Zestimate® history
Owner options
List your home for rent
$2,558/mo
Rent Zestimate®
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$2,558/mo
Rent Zestimate®
Refinance and save
$3,246/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,246/mo
Est. payment
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List your homeWhat's special
Shopping centers
Zillow last checked:
Listing updated:
Listed by:
Shanae Clay DRE #02122386 209-799-6635,
Barrios Realty Consultants
Bought with:
Angeles Lomeli, DRE #01960811
EXIT Realty Consultants
Source: MetroList Services of CA,MLS#: 224003106Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Features: Space in Kitchen, Dining/Living Combo
Kitchen
- Features: Quartz Counter
Heating
- Fireplace(s), Wall Furnace
Cooling
- Wall Unit(s)
Appliances
- Laundry: Other
Features
- Flooring: Laminate, Vinyl
- Number of fireplaces: 1
- Fireplace features: Brick, Living Room, Wood Burning
Interior area
- Total interior livable area: 2,330 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage Faces Front
- Attached garage spaces: 1
Features
- Stories: 1
Lot
- Size: 8,698 sqft
- Features: Other
Details
- Parcel number: 031014072000
- Zoning description: R2
- Special conditions: Offer As Is
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Multi Family, Single Family Residence
Materials
- Frame
- Foundation: Raised
- Roof: Composition
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Other
- Water: Public
- Utilities for property: Public
Community & neighborhood
Location
- Region: Modesto
Other
Other facts
- Price range: $515K - $515K
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2024 | Sold | $515,000$221/sqft |
Source: MetroList Services of CA #224003106 Report a problem | ||
| 2/2/2024 | Price change | $515,000-2.8%$221/sqft |
Source: MetroList Services of CA #224003106 Report a problem | ||
| 1/12/2024 | Listed for sale | $530,000+9.1%$227/sqft |
Source: MetroList Services of CA #224003106 Report a problem | ||
| 2/28/2023 | Sold | $486,000-2.6%$209/sqft |
Source: MetroList Services of CA #222144232 Report a problem | ||
| 1/14/2023 | Pending sale | $499,000$214/sqft |
Source: MetroList Services of CA #222144232 Report a problem | ||
| 11/24/2022 | Listed for sale | $499,000+72.1%$214/sqft |
Source: MetroList Services of CA #222144232 Report a problem | ||
| 4/30/2021 | Sold | $290,000+5.5%$124/sqft |
Source:  MetroList Services of CA #221031066 Report a problem | ||
| 4/13/2021 | Pending sale | $275,000$118/sqft |
Source: MetroList Services of CA #221031066 Report a problem | ||
| 4/7/2021 | Listed for sale | $275,000$118/sqft |
Source: MetroList Services of CA #221031066 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,143 +8.8% | $525,300 +6% |
| 2024 | $5,648 +63.5% | $495,720 +64.3% |
| 2023 | $3,455 +2.5% | $301,716 +2% |
| 2022 | $3,371 +86.4% | $295,800 +78.8% |
| 2021 | $1,808 -1.9% | $165,402 +1% |
| 2020 | $1,844 +2.4% | $163,707 +2% |
| 2019 | $1,801 +5% | $160,498 +2% |
| 2018 | $1,715 +2.4% | $157,352 +2% |
| 2017 | $1,674 +2% | $154,268 +2% |
| 2016 | $1,642 +7.4% | $151,244 +1.5% |
| 2015 | $1,529 | $148,973 +6.4% |
| 2014 | $1,529 | $140,000 +23.9% |
| 2012 | -- | $113,000 |
| 2011 | -- | $113,000 |
| 2010 | -- | $113,000 -18.7% |
| 2009 | -- | $139,039 +2% |
| 2008 | -- | $136,314 +2% |
| 2007 | -- | $133,642 +2% |
| 2006 | -- | $131,022 +2% |
| 2005 | -- | $128,454 +2% |
| 2004 | $1,345 +0.9% | $125,936 +1.9% |
| 2003 | $1,333 | $123,628 +2% |
| 2002 | -- | $121,204 +15.4% |
| 2001 | $1,135 -2.5% | $105,000 |
| 2000 | $1,165 | $105,000 |
Find assessor info on the county website
Neighborhood: 95350
Nearby schools
GreatSchools rating
- 6/10Elihu Beard Elementary SchoolGrades: K-6Distance: 1.3 mi
- 4/10Roosevelt Junior High SchoolGrades: 7-8Distance: 1 mi
- 4/10Thomas Downey High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$523,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$523,200
- California
- Stanislaus County
- Modesto
- 95350
- 1338 Melrose Ave
Nearby cities
Nearby zip codes
Other Modesto Topics
