For SaleRisky Deal0 days on market
1002 Mount Vernon Dr
1002 Mount Vernon Dr, Modesto, CA 95350, Modesto, CA 95350
$554,999
Estimate®:$547,300
Listing Price
1002 Mount Vernon Dr, Modesto, CA 95350
Loc: Modesto, CA
Days Listed
0
Tax Assessed
$525k
Estimate®
$547k
Market Rate
Lot Size
9,030 sqft
Rent Estimate
$2,737/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Elihu Beard Elementary School
K-6
0.1 mi away
4
Roosevelt Junior High School
7-8
1 mi away
4
Grace M. Davis High School
9-12
0.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storytwo-car garagewood sidingbrick accentslow-pitched roofcurb appealwell-maintained lawntraditional suburbanconcrete drivewayfront walkwaycozy aestheticgabled roof
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.25%
Total ROI
29.4%
Cash Flow
$-1,378/mo
DSCR
0.52
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,378/mo net cash flow with a 3.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Modesto, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $554,999 | $359 |
| 2024-10-04 | Sold | $515,000 | $333 |
| 2024-09-14 | Pending sale | $525,000 | $340 |
| 2024-08-07 | Listed for sale | $525,000 | $340 |
| 2021-04-28 | Sold | $450,000 | $291 |
| 2021-04-06 | Pending sale | $450,000 | $291 |
| 2021-03-27 | Listed for sale | $450,000 | $291 |
| 2016-04-22 | Sold | $260,000 | $168 |
| 2015-10-29 | Listed for sale | $249,950 | $162 |
| 2007-03-22 | Sold | $353,000 | $228 |
| 2004-12-06 | Sold | $365,000 | $236 |
| 2000-08-18 | Sold | $162,000 | $105 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $525,300 |
| 2025 | $6,022.52 | $515,000 |
| 2024 | $5,441.02 | $477,543 |
| 2023 | $5,361 | $468,180 |
| 2022 | $5,230.8 | $459,000 |
| 2021 | $3,032.32 | $284,346 |
| 2020 | $3,091.04 | $281,432 |
| 2019 | $3,018.1 | $275,914 |
| 2018 | $2,871.66 | $270,504 |
| 2017 | $2,801.62 | $265,200 |
| 2016 | $2,643.36 | $250,500 |
| 2015 | $2,359.38 | $224,000 |
| 2014 | $2,276.46 | $215,500 |
| 2012 | $0 | $132,000 |
| 2011 | $0 | $164,000 |
| 2010 | $0 | $164,000 |
| 2009 | $0 | $164,000 |
| 2008 | $0 | $208,000 |
| 2007 | $0 | $353,000 |
| 2006 | $0 | $345,780 |
| 2005 | $0 | $339,000 |
| 2004 | $1,833.32 | $171,691 |
| 2003 | $1,817.26 | $168,545 |
| 2002 | $0 | $165,240 |
| 2001 | $1,751.22 | $162,000 |
| 2000 | $683.24 | $68,598 |
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