NOT LISTED FOR SALE

Estimated Value: $476,267 - $652,000

3 Beds
1 Bath
1,200 Sq Ft
$462/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $515,000 $429 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,074/month

7 Days on Market

Highlights

  • Custom Home
  • 0.55 Acre Lot
  • No HOA
  • Lathrop High School Rated A-
  • Main Floor Primary Bedroom
  • Breakfast Area or Nook

About This Home

As of August 2024

Presenting 1223 E Louise Avenue, Lathrop, CA - a 0.55 acre prime real estate opportunity featuring an existing 3 bedroom, 1 bathroom home. Conveniently located near Interstate 5, this property offers exceptional accessibility and development potential. Zoned for multi-family use, it allows for the construction of multiple residential units, making it an ideal investment for developers and builders. Leverage this versatile and strategically positioned property to maximize your development goals and investment returns.

Last Agent to Sell the Property

Damien Wilson

PMZ Real Estate License #01965502 Listed on: 06/26/2024

PMZ Real Estate

Last Buyer's Agent

Victor Barraza

PMZ Real Estate License #01044484

PMZ Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 0.55 Acre Lot
  • South Facing Home
  • Zoning described as R3

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Family Room
  • Carpet
  • Carbon Monoxide Detectors
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 196-500-03

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0.55 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Custom
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 1999
  • Architectural Style: Other
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Carpet
  • Total Bathrooms: 1
  • Bathroom Features: Other
  • Dining Room Features: Space in Kitchen
  • Kitchen Features: Breakfast Area, Pantry Cabinet
  • Living Room Features: Other
  • Main Level: Bedroom(s), Family Room, Master Bedroom, Full Bath(s), Garage, Kitchen, Street Entrance
  • Price Per Square Foot: 429.17
  • Square Footage: 1200.00

Exterior Features

  • Other Structures: Other
  • Construction Materials: Other
  • Property Faces: South
  • Fencing: None
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 515000.00
  • Lot Features: Other
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Land Use: Residential, See Remarks

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached

Utilities

  • Security: Carbon Mon Detector
  • Sewer: Other
  • Utilities: Public
  • Cooling: Central
  • Electric: Other
  • Heating: Central
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Manteca Unified

Lot Info

  • Zoning Description: R3
  • Irrigation: Other
  • Lot Size Acres: 0.5500
  • Lot Size Sq Ft: 23958.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 196-500-03
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Franco Carlos David
Bought by
Franco Carlos David and Franco Erica
Current Estimated Value
$554,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,200
Outstanding Balance
$360,852
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$193,215

Purchase Details

Closed on
Nov 5, 2024
Sold by
Franco Carlos David
Bought by
Franco Carlos David and Franco Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,200
Outstanding Balance
$360,852
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$193,215

Purchase Details

Listed on
Jun 26, 2024
Closed on
Aug 15, 2024
Sold by
Sanchez Charlotte E
Bought by
Franco Carlos David
Seller's Agent
Damien Wilson
PMZ Real Estate
Buyer's Agent
Victor Barraza
PMZ Real Estate
List Price
$515,000
Sold Price
$515,000
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$125,000
Interest Rate
6.95%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jun 26, 2024
Closed on
Jul 22, 2024
Sold by
Franco Erica
Bought by
Franco Carlos David
Seller's Agent
Damien Wilson
PMZ Real Estate
Buyer's Agent
Victor Barraza
PMZ Real Estate
List Price
$515,000
Sold Price
$515,000
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.95%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Franco Carlos David -- Chicago Title
Franco Carlos David -- None Listed On Document
Franco Carlos David $510,000 Old Republic Title
Franco Carlos David -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Carlos David $364,200
Previous Owner Franco Carlos David $125,000
Previous Owner Franco Carlos David $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $515,000 0.0% $429 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $515,000 -- $429 / Sq Ft
Source: MetroList

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 $2,662 $196,923 $86,118 $110,805
2024 $796 $193,063 $84,430 $108,633
2023 $753 $189,278 $82,775 $106,503
2022 $850 $185,567 $81,152 $104,415
2021 $820 $181,929 $79,561 $102,368
2020 $833 $180,065 $78,746 $101,319
2019 $837 $176,535 $77,202 $99,333
2018 $866 $173,075 $75,689 $97,386
2017 $872 $169,682 $74,205 $95,477
2016 $851 $166,355 $72,750 $93,605
2014 $813 $160,647 $70,254 $90,393
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224070224

MetroList

APN: 196-500-03

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