$215,000
SOLD MAY 14, 2014

119 S Sherman Ave Manteca, CA 95336

Downtown Manteca Neighborhood
3 Beds
2 Baths
1,419 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$152 Per Sq Ft

10% Below List Price

78 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of May 2014

Great Investment Opportunity To Own Two Homes In Good Condition! Both Homes Are Leased To Excellent Tenants. Future Possibility To Live In One And Rent One Or Use As Home For Parents Or Older Child. Repairs Kept Up To Date.

Last Agent to Sell the Property

David Hudson

Hudson Real Estate License #01399571 Listed on: 01/02/2014

Last Buyer's Agent

David Hudson

Hudson Real Estate License #01399571 Listed on: 01/02/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,943

Year Built

  • Built in 1988

Home Design

  • Composition Roof

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 7,000 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas sewer trash collection water
  • Assessor Parcel Number 221-070-11

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,943

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Other
  • Year Built: 1988
  • Stories: 1
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 240000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Varies by Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: Manteca Unified

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Sewer,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Gross Income: 22200
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 221-070-11

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2014
Closed on
May 12, 2014
Sold by
Harris Ryan and Hudson David
Bought by
Hudson Sherry A
Seller's Agent
David Hudson
Hudson Real Estate
Buyer's Agent
David Hudson
Hudson Real Estate
List Price
$240,000
Sold Price
$215,000
Premium/Discount to List
-$25,000
-10.42%
Current Estimated Value
$463,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,700
Avg. Annual Appreciation
6.73%

Purchase Details

Listed on
Jan 2, 2014
Closed on
May 8, 2014
Sold by
Hudson Denise J
Bought by
Hudson David
Seller's Agent
David Hudson
Hudson Real Estate
Buyer's Agent
David Hudson
Hudson Real Estate
List Price
$240,000
Sold Price
$215,000
Premium/Discount to List
-$25,000
-10.42%

Purchase Details

Listed on
Jan 2, 2014
Closed on
Apr 24, 2014
Sold by
Harris Ryan
Bought by
Harris Ryan and Hudson David
Seller's Agent
David Hudson
Hudson Real Estate
Buyer's Agent
David Hudson
Hudson Real Estate
List Price
$240,000
Sold Price
$215,000
Premium/Discount to List
-$25,000
-10.42%

Purchase Details

Closed on
Oct 25, 2011
Sold by
Lucero Benjamin L and Lucero Valerie A
Bought by
Harris Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2007
Sold by
Anderson Janice Lea and Mary Jane Costa 2005 Trust
Bought by
Lucero Benjamin L and Lucero Valerie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2005
Sold by
Costa Mary J
Bought by
Costa Mary Jane and Mary Jane Costa 2005 Trust

Purchase Details

Closed on
Aug 7, 1998
Sold by
Costa Joseph Leal and Costa Joseph L
Bought by
Costa Mary J
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $215,000 Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $60,000 None Available
Grant Deed $120,000 Old Republic Title Company
Grant Deed $370,000 First American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $96,000 New Conventional
Previous Owner $296,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2014 05/14/14 Sold $215,000 -10.4% $152 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $240,000 -- $169 / 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 $2,943 $263,552 $92,241 $171,311
2024 $2,861 $258,385 $90,433 $167,952
2023 $2,826 $253,319 $88,660 $164,659
2022 $2,784 $248,353 $86,922 $161,431
2021 $2,754 $243,484 $85,218 $158,266
2020 $2,642 $240,989 $84,345 $156,644
2019 $6,052 $236,265 $82,692 $153,573
2018 $6,817 $231,633 $81,071 $150,562
2017 $2,536 $227,092 $79,482 $147,610
2016 $2,475 $222,639 $77,924 $144,715
2014 $1,324 $122,956 $30,739 $92,217
Source: Public Records

Agents Affiliated with this Home

  • David Hudson

    Seller's Agent in 2014

    David Hudson

    Hudson Real Estate

    (209) 918-8211

    2 in this area

    22 Total Sales

    David Hudson
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Map

Source: MetroList

MLS Number: 14000281

MetroList

APN: 221-070-11

California San Joaquin County Manteca 95336 Downtown Manteca

119 S Sherman Ave, Manteca, CA

This home is located at 119 S Sherman Ave, Manteca, CA 95336 and is currently priced at $215,000, approximately $151 per square foot. This property was built in 1988. 119 S Sherman Ave is a home located in San Joaquin County with nearby schools including Lincoln Elementary School, Manteca High School, and St. Anthony's Catholic 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.

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