$393,327 EMV

3 Beds   2 Baths   1,630 Sq. Ft.   Single-Family
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Kingsbury Ave
Modesto, CA 95350


This Single-Family is located at Kingsbury Ave, Modesto, CA 95350. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 3 Beds, 2 Baths , 1,630 sqft of living space.
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Status: Inactive
Listing ID: 60366735
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Learn about Kingsbury Ave in Modesto, CA

This single-family property is available as a preforeclosure at Kingsbury Ave. It has 3 bedrooms, 2 bathrooms, and 1,630 square feet of living space. Based on our analysis of the current market conditions in Modesto for Kingsbury Ave and comparable listings, the estimated market value is $393,327. If purchased for rental purposes, the monthly rental rate could range between $1,570 and $1,910. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Kingsbury Ave are updated daily along with others in Modesto, California.

Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 5% APR

Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependant on credit scores, loan timeline, and a down payment amount.

Rental Chart
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for Kingsbury Ave in Modesto California
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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,630
  • Year Built: 1960
  • Day(s) On Site: 116
  • Subdivision: GREGORY GARDEN 03
  • Parcel Number: 060-004-009-000
  • Property Type: Single Family Dwelling
  • Owner First Name: MICHAEL
  • Owner Last Name: OKARMUS
  • Recording Date: 09-01-2023
  • Trustee Address: PO BOX 3309
  • Trustee City: ANAHEIM
  • Trustee State: CA
  • Trustee Zip: 92803
  • Trustee Phone: (800) 758-8052
  • Trustee Sale Number: 23-28927
  • Deed Category: NTS
  • Document Number: 007890
  • Page Number: 041116

Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 2
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Construction Type: WOOD
  • Heating Type: WALL
  • Land Area Sqft: 5,663
  • Year Built: 1960
  • APN: 060-004-009-000
  • Property Type: Single Family Residence
  • Front Footage: 61
  • Living Sqft: 1,630
  • Garage: YES
  • Parking Spaces: 2
  • Subdivision: GREGORY GARDEN 03


The property located at Kingsbury Ave in Modesto, CA is listed as a Preforeclosure

This listing located at Kingsbury Ave in Modesto, CA could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in Modesto, California is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Modesto, CA, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Modesto, California doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.


Auction Information

  • Minimum Bid: $112,896
  • Auction Date: 09-29-2023
  • Auction Time: 1:00PM
  • Auction Address: 1100 I STREET
  • Auction City: MODESTO
  • Auction State: CA

Loan Information

  • Lender Phone: (800) 758-8052
  • 1st Mortgage Date: 01-28-2011
  • 1st Mortgage Amount: $112,896

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Kingsbury Ave located in Modesto, CA is $1,740/month. Comparable homes around Kingsbury Ave that are rentals have monthly ranges starting as low as $1,570 per month and as high as $1,910 per month. An owner looking to use this property as an investment could bring a return in the area of $1,570 - $1,910 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
09/04/23 09/29/23 Preforeclosure
01/03/17 06/02/17 Preforeclosure CARRINGTON MORTGAGE SERVICES

Similar Homes Nearby Modesto, CA

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Homes On This Street
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Kingsbury Ave
Modesto, CA 95350

3 Beds   2 Baths   1,630 sq. ft.   Single-Family

$393,327 EMV

Status: Inactive Listing ID: 60366735

Property Information

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Public Records

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Property Description

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