NOT LISTED FOR SALE

Estimated Value: $378,000 - $424,027

2 Beds
2 Baths
2,000 Sq Ft
$202/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $163,350 $82 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $2,462/month

71 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of November 2015

Victory Park Terrace! Steps away from park in great location lies cash flowing duplex. Newer and fresh paint. Tenants would like to stay if possible. Both 1 bedroom units enter into carpeted formal living rooms with brick fireplaces. Built in cabinets inside formal dining room. Classic tiled floors and counter tops in kitchens. Fenced side yards for each unit.

Last Listed By

Steven Werner

Werner Properties License #00706727 Listed on: 07/28/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,454

Year Built

  • Built in 1921

Lot Details

  • 6,159

Parking

  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Gas Range

Additional Features

  • 6,159 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for gas water
  • Assessor Parcel Number 135-221-11

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,454

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1921
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet,Laminate,Tile

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 182000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: 1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: Res
  • Lot Size Acres: 0.1414
  • Lot Size Sq Ft: 6159

Rental Info

  • Tenant Pays: Gas,Water

Multi Family

  • Gross Income: 19200
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 135-221-11

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2015
Closed on
Nov 19, 2015
Sold by
Balasubramanian Meenakumari
Bought by
Manoharan Arayind
Seller's Agent
Steven Werner
Werner Properties
Buyer's Agent
Christina Brogna
RE/MAX Grupe Gold
List Price
$195,000
Sold Price
$163,350
Premium/Discount to List
-$31,650
-16.23%
Total Days on Market
71
Current Estimated Value
$403,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,907
Avg. Annual Appreciation
9.97%
Original Mortgage
$122,512
Outstanding Balance
$97,687
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$306,030

Purchase Details

Listed on
Jul 28, 2015
Closed on
Nov 10, 2015
Sold by
Mccann Susan C and The Peter J Mccann Revocable T
Bought by
Monaharan Aravind
Seller's Agent
Steven Werner
Werner Properties
Buyer's Agent
Christina Brogna
RE/MAX Grupe Gold
List Price
$195,000
Sold Price
$163,350
Premium/Discount to List
-$31,650
-16.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,512
Outstanding Balance
$97,687
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$306,030

Purchase Details

Closed on
May 17, 2007
Sold by
Mccann Peter J
Bought by
Mccann Peter J and Peter J Mccann Revocable Trust

Purchase Details

Closed on
Dec 14, 2004
Sold by
Mccann Peter J
Bought by
Mccann Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
4.42%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 26, 1995
Sold by
Mccann Marilyn
Bought by
Mccann Peter J

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Manoharan Arayind -- Chicago Title Company
Monaharan Aravind $163,500 Chicago Title Company
Mccann Peter J -- None Available
Mccann Peter J -- First Amer Title Co
Mccann Peter J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manoharan Arayind $122,512
Closed Monaharan Aravind $122,512
Previous Owner Mccann Peter J $178,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2015 11/25/15 Sold $163,350 -16.2% $82 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $195,000 -- $98 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $2,454 $189,575 $63,829 $125,746
2023 $3,046 $185,859 $62,578 $123,281
2022 $2,331 $182,215 $61,351 $120,864
2021 $2,241 $178,644 $60,149 $118,495
2020 $2,283 $176,813 $59,533 $117,280
2019 $2,989 $173,347 $58,366 $114,981
2018 $2,437 $169,949 $57,222 $112,727
2017 $2,117 $166,617 $56,100 $110,517
2016 $2,155 $163,350 $55,000 $108,350
2015 $2,151 $160,685 $53,562 $107,123
2014 $2,046 $130,000 $32,000 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15049662

MetroList

APN: 135-221-11