Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$14,920,000
Apartment buildings
3000 Sherwood Ave Modesto, CA 95350-1300
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2396526
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Construction
WOOD
Total area
128,738 SF
Lot
8.11 ac (353,271 SF)
APN
055-058-084-000
UPID
US09-2396526
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.92M
Owner & transaction history
3104 Sherwood Ave LLC · 4 yrs held
3104 Sherwood Ave LLC
since 2021
Last sale
$11.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Modesto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Modesto submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$15,305,000
ML approach
$9,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.92M
Range $13.43M – $16.41M · ±10% · vs last sale $11.94M (Dec 17 2021)
Last sale anchor
$11.94M
Dec 17 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$116 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$380,157
Tax year 2024
Assessed value
$34,346,027
Assessed 2024
Previous assessed
$34,346,027
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$2,387,718
Assessed improvement
$31,958,309
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
6
Bathrooms
2
Total area
128,738 SF
Lot
8.11 ac (353,271 SF)
APN
055-058-084-000
UPID
US09-2396526
Jurisdiction
STANISLAUS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Buildings
6
Bathrooms
2
Lot
8.11 ac
Current owner
From public records · entity-resolved
3104 Sherwood Ave LLC
Entity
Mailing address
1300 K ST, MODESTO, CA 95354-0928
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2021
$11,935,000
3104 Sherwood Ave LLC
Tilden Stoneybrook LLC
Grant Deed
$4,489,000 · Transferor And Walker & Dunlop LLC
Apr 2, 2021
—
Tilden Stoneybrook LLC
—
Deed
related
$4,489,000 · Walker & Dunlop LLC
Mar 29, 2019
—
Tilden-stoneybrook LLC
—
Deed
related
$16,576,000 · Walker & Dunlop
Apr 17, 2017
—
Tilden Stoneybrook LLC
—
Deed
related
$1,950,000 · Prudential Multifamily Mortgage LLC
Dec 14, 2012
—
Tilden Stoneybrook LLC
Woodstone Properties LLC
Grant Deed
—
Aug 1, 2008
—
Woodstone Properties LLC
Betz Real Estate
Grant Deed
—
Sep 26, 1996
—
Betz Real Estate LP
Betz Trust
Quit Claim Deed
related
—
May 8, 1996
—
Betz Trust
Betz,helen & Irving
Quit Claim Deed
related
—
Mar 29, 1996
—
Helen Betz
Betz Trust
Quit Claim Deed
related
$4,800,000 · Mechanics Nat'l Bank Richmond
—
—
Tilden-stoneybrook LLC
—
Deed Of Trust
related
$16,576,000 · Walker & Dunlop
—
—
Betz Real Estates LP
—
Deed Of Trust
related
$4,500,000 · Nationwide Life Insurance Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3000 Sherwood Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
