NOT LISTED FOR SALE
4 Beds
4 Baths
2,100 Sq Ft
3,938 Sq Ft Lot

Sale Details

Date Sold: November 9, 2020

Last sale price $704,000 $335 Per Sq Ft

13 Days on Market

About This Home

As of November 2020

THE DE FORCE APARTMENTS ARE LOCATED AT THE CORNER OF SCHOOL STREET AND DE FORCE AVE, JUST ONE BLOCK NORTH OF DOWNTOWN LODI AND NEAR MANY NEW, EXCITING DOWNTOWN LODI DEVELOPMENTS. THE COMPLEX CONSISTS OF SEVEN ONE BED, ONE BATH UNITS. THE OWNERSHIP HAS RECENTLY REHABBED SEVERAL OF THE UNITS TO CONTEMPORARY STANDARDS BY REPLACING THE FLOORING WITH VINYL AND CARPET, ADDING NEW CABINETRY, APPLIANCES AND INTERIOR PAINTING. A NEW OWNER CAN SEE AN IMMEDIATE INCREASE IN THEIR RETURN BY IMPLEMENTING RENT INCREASES. 100% COLLECTED FROM ALL TENANTS DURING COVID-19.

Last Agent to Sell the Property

Andy Hodgson

Colliers Parrish Inten'l Inc. License #01796017 Listed on: 08/12/2020

Last Buyer's Agent

Andy Hodgson

Colliers Parrish Inten'l Inc. License #01796017 Listed on: 08/12/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,938 Sq Ft Lot

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • City Views

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 041-162-08

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 7 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

3,938 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1900
  • Architectural Style: Unknown
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2008

Interior Features

  • Appliances: Other
  • Other Equipment: None
  • Flooring: See Remarks

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,Other
  • Foundation: Raised
  • Listing Price: 725000.00
  • Roof: Composition
  • View Description: City

Garage/Parking

  • Parking Features: Open,Street

Utilities

  • Security: See Remarks
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: Downtown Mixed Use
  • Lot Size Acres: 0.0904
  • Lot Size Sq Ft: 3938

Rental Info

  • Tenant Pays: Other
  • Total # Leasable: 7

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 7
  • Number of Month to Month Units: 2
  • Number of Units: 7
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 041-162-08
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 16, 2020
Sold by
Bought by
Seller's Agent
Andy Hodgson
Colliers Parrish Inten'l Inc.
Buyer's Agent
Andy Hodgson
Colliers Parrish Inten'l Inc.
List Price
$725,000
Sold Price
$704,000
Premium/Discount to List
-$21,000
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
0.028%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 7, 2018
Closed on
Dec 13, 2018
Sold by
Bought by
Seller's Agent
Andy Hodgson
Colliers Parrish Inten'l Inc.
Buyer's Agent
Andy Hodgson
Colliers Parrish Inten'l Inc.
List Price
$580,000
Sold Price
$530,000
Premium/Discount to List
-$50,000
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.59%

Purchase Details

Closed on
Oct 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
0.0568%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
0.0597%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
0.0578%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 16, 2001
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$704,000 First American Title Company
$530,000 First American Title Company
$505,000 Alliance Title Co
-- --
$250,000 --
-- --
$25,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $490,000
Closed $180,000
Closed $70,000
Closed $110,000
Closed $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2020 11/09/20 Sold $704,000 -2.9% $335 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $725,000 +36.8% $345 / Sq Ft
01/02/2019 01/02/19 Sold $530,000 -8.6% $252 / Sq Ft View Prior Sale
10/15/2018 10/15/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $580,000 0.0% $276 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $580,000 -- $276 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,308 $762,030 $108,242 $653,788
2024 $8,082 $747,089 $106,120 $640,969
2023 $7,982 $732,441 $104,040 $628,401
2022 $7,806 $718,080 $102,000 $616,080
2021 $7,947 $704,000 $100,000 $604,000
2020 $6,021 $540,600 $140,760 $399,840
2019 $5,901 $530,000 $138,000 $392,000
2018 $5,878 $525,000 $105,000 $420,000
2017 $5,861 $525,000 $105,000 $420,000
2016 $5,605 $525,000 $105,000 $420,000
2014 $2,662 $245,000 $61,000 $184,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20047400

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