NOT LISTED FOR SALE

117 N Lee Ave Lodi, CA 95240

Downtown Lodi Neighborhood

Estimated Value: $542,000 - $637,000

-- Bed
2 Baths
850 Sq Ft
$690/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $600,000 $706 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,754/month

6 Days on Market

About This Home

As of December 2021

One of a kind Opportunity. This beautifully appointed property currently operates as a short term vacation rental, hosted primarily via Airbnb. This duplex is fully furnished, filled with all the amenities you would need in a home. Each side accommodates 4 guests comfortably. Guests can enjoy the front patio area, walks to downtown stores and restaurants or a nice stroll around the wonderfully established downtown neighborhood. There is a local park for the kiddos and the lake is just a bike ride away. Guests reviews don't lie. Your investment opportunity is knocking!!

Last Agent to Sell the Property

Monique Raimundi

Real Estate Gateway License #01913438 Listed on: 10/29/2021

Last Buyer's Agent

Ashlee Prudhel

Keller Williams Realty License #01953463

Keller Williams Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,719

Year Built

1940

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Sub Type: Duplex
  • Number of One Bedroom Units: 2
  • CapRate: 3.00
  • Directions: On a Oneway off of W Locust St. Property is on the right, before the Alley.
  • Building Stories: 1
  • Special Features: None
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Price Per Square Foot: 348.43
  • Flooring: Tile, Laminate
  • Number Of Buildings: 1
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Foundation Details: Raised
  • Construction Type: Stucco
  • Lot Features: Zero Lot Line
  • Patio And Porch Features: Uncovered Patio

Garage/Parking

  • Parking Features: Attached, Garage, Uncovered
  • Total Parking Spaces: 2

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Floor Furnace
  • Laundry Features: Washer/Dryer Hookups
  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lodi Unified

Lot Info

  • Lot Size Sq Ft: 4021
  • Zoning Description: Residential

Rental Info

  • Total # Leasable: 2

Tax Info

  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Annual Gross Income: 4500
  • Income Includes: Rent Only
  • Insurance Expense: 109
  • Maintenance Expense: 886
  • Number of Month to Month Units: 2
  • Number Of Units Total: 2

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2023
Sold by
Lt Christensen Trust
Bought by
Christensen Laura Anne
Current Estimated Value
$586,244

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 3, 2021
Sold by
Raimundi Christopher P and Raimundi Monique C
Bought by
Christensen Trygve R and Christensen Laura A
Seller's Agent
Monique Raimundi
Real Estate Gateway
Buyer's Agent
Ashlee Prudhel
Keller Williams Realty
List Price
$675,000
Sold Price
$600,000
Premium/Discount to List
-$75,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.62%
Original Mortgage
$435,000
Interest Rate
3.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Christensen Laura Anne -- None Listed On Document
Christensen Trygve R $600,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christensen Trygve R $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2021 12/08/21 Sold $600,000 -11.1% $706 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $675,000 -- $794 / 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 $6,719 $624,240 $104,040 $520,200
2023 $6,636 $612,000 $102,000 $510,000
2022 $6,490 $600,000 $100,000 $500,000
2021 $2,093 $184,832 $47,697 $137,135
2020 $2,039 $182,937 $47,208 $135,729
2019 $1,998 $179,351 $46,283 $133,068
2018 $1,970 $175,835 $45,376 $130,459
2017 $1,927 $172,388 $44,487 $127,901
2016 $1,807 $169,009 $43,615 $125,394
Source: Public Records

Agents Affiliated with this Home

  • Monique Raimundi

    Seller's Agent in 2021

    Monique Raimundi

    Real Estate Gateway

    (209) 310-5545

    1 in this area

    5 Total Sales

    Monique Raimundi
    Section Image
  • Ashlee Prudhel

    Buyer's Agent in 2021

    Ashlee Prudhel

    Keller Williams Realty

    (209) 373-0110

    16 in this area

    256 Total Sales

    Ashlee Prudhel
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 221142555

MetroList

APN: 037-270-10

California San Joaquin County Lodi 95240 Downtown Lodi

117 N Lee Ave, Lodi, CA

This home is located at 117 N Lee Ave, Lodi, CA 95240 since 29 October 2021 and is currently estimated at $586,244, approximately $689 per square foot. This property was built in 1940. 117 N Lee Ave is a home located in San Joaquin County with nearby schools including George Washington Elementary School, Millswood Middle School, and Lodi High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes