NOT LISTED FOR SALE

1111 S Central Ave Lodi, CA 95240

East Lodi Neighborhood

Estimated Value: $483,000 - $2,120,998

2 Beds
2 Baths
1,590 Sq Ft
$600/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $1,950,000 $1,226 Per Sq Ft

Current estimated payment $5,497/month

41 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • 5 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of June 2021

Investor's dream! 10 rental units on 2 Properties. 3 Duplexes, 3 houses and 1 large garage rental. Must sell with 1115 S Central Ave. Do not bother tenants or drive on property. Asking price is for both Properties. 1 free month of Property Management is included in the purchase of both properties.

Last Agent to Sell the Property

Crystal Kirst

Tokay Realty License #01483407 Listed on: 04/09/2021

Last Buyer's Agent

Melanie Pennino

PMZ Real Estate License #01219446

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 10,014 Sq Ft Lot
  • Sprinklers on Timer

Home Design

  • Triplex
  • Raised Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Laundry in unit

Flooring

  • Carpet
  • Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Car Attached Garage
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 047-080-24

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Building Details

  • 1 Leased Unit
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Triplex
  • Stories: 1
  • Year Built: 1956
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Price Per Square Foot: 475.38

Exterior Features

  • Construction Materials: Frame
  • Foundation: Raised
  • Listing Price: 2195000.00
  • Lot Features: Auto Sprinkler F&R
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Detached, Street
  • Total Parking Spaces: 5.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: City
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Each Unit, Varies by Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: Res
  • Irrigation: None
  • Lot Size Acres: 0.2299
  • Lot Size Sq Ft: 10014.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Total # Leasable: 5

Multi Family

  • Income Includes: Storage
  • Number of Leased Units: 1
  • Number of Month to Month Units: 4
  • Number of Units: 5

Tax Info

  • Assessor Parcel Number: 047-080-24
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 15, 2021
Sold by
Schultz Roderick L and Schultz Sandra L
Bought by
Crs Realty Llc
Seller's Agent
Crystal Kirst
Tokay Realty
Buyer's Agent
Melanie Pennino
PMZ Real Estate
List Price
$2,295,000
Sold Price
$1,950,000
Premium/Discount to List
-$345,000
-15.03%
Current Estimated Value
$954,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$995,500
Avg. Annual Appreciation
-14.44%

Purchase Details

Closed on
May 26, 2005
Sold by
Bregman Peter M and Bregman Alice J
Bought by
Schultz Roderick L and Schultz Sandra L

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
5.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 20, 2001
Sold by
Teunissen Ronald E and Teunissen Le An R
Bought by
Bregman Peter M and Bregman Alice J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Crs Realty Llc $1,950,000 Chicago Title Company
Schultz Roderick L $1,325,000 Placer Title Company
Bregman Peter M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schultz Roderick L $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2021 06/18/21 Sold $1,950,000 -15.0% $1,226 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $2,295,000 -- $1,443 / 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
2025 $6,657 $611,571 $119,066 $492,505
2024 $6,476 $599,581 $116,732 $482,849
2023 $6,389 $587,826 $114,444 $473,382
2022 $5,132 $472,835 $144,477 $328,358
2021 $5,225 $463,565 $141,645 $321,920
2020 $5,090 $458,813 $140,193 $318,620
2019 $4,988 $449,818 $137,445 $312,373
2018 $4,918 $440,999 $134,750 $306,249
2017 $4,809 $432,353 $132,108 $300,245
2016 $4,508 $423,878 $129,518 $294,360
2014 $4,395 $409,339 $125,076 $284,263
Source: Public Records

Agents Affiliated with this Home

  • Crystal Kirst

    Seller's Agent in 2021

    Crystal Kirst

    Tokay Realty

    (209) 642-0092

    5 in this area

    27 Total Sales

    Crystal Kirst
    Section Image
  • Melanie Pennino

    Buyer's Agent in 2021

    Melanie Pennino

    PMZ Real Estate

    (209) 601-2181

    3 in this area

    39 Total Sales

    Melanie Pennino
    Section Image
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Map

Source: MetroList

MLS Number: 221034253

MetroList

APN: 047-080-24

California San Joaquin County Lodi 95240 East Lodi

1111 S Central Ave, Lodi, CA

Not Listed for Sale

MultiFamily

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