NOT LISTED FOR SALE

Estimated Value: $423,000 - $568,000

4 Beds
4 Baths
3,488 Sq Ft
$142/Sq Ft Est. Value

Last Sold April 09, 2012

Last sale price $165,000 $47 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $2,850/month

349 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • Community Storage Space
  • No HOA

About This Home

As of April 2012

BACK ON THE MARKET This is not A SHORT SALE or REO. DO THE MATH 4 X 750= $3,000 with a 25% down @ 5.0 paymt. 931. PIT Ins.not included, Big CASH FLOW! Newly Renovate 4 plex, All untis rented as of Now at $750 It's A MONEY MAKER. Can Close in 20 DAYS or less. Large Units 872 Sq. Ft. per unit.

Last Agent to Sell the Property

Bernard Burks

B. Burks & Associates License #00517281 Listed on: 04/15/2011

Last Buyer's Agent

Bernard Burks

B. Burks & Associates License #00517281 Listed on: 04/15/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1964

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions: 80

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Parking

  • 6 Open Parking Spaces
  • 1 Parking Space Included

Utilities

  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Security Deposit $2,100
  • Tenant pays for sewer water
  • Assessor Parcel Number 147-345-01

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Community Storage Space

Building Details

  • 3 Leased Units
  • 2 Vacant Units
  • 4 Units Leased Month-To-Month
  • Insurance Expense $1,500
  • Operating Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,800

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1964
  • Architectural Style: Contemporary
  • Levels: 0
  • Stories: 2
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2011

Interior Features

  • Appliances: Built-In Gas Range,Free Standing Gas Oven
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 179900.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 6
  • Parking Features: Open,1 Space Per Unit

Utilities

  • Security: Smoke Detector,Unguarded Gate
  • Utilities: Cable Available,Internet Available
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas,Wall Furnace

Condo/Co-op/Association

  • Association Features: Extra Storage
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: R-4
  • Lot Size Acres: 0.2200
  • Lot Dimensions: 80 X 80
  • Lot Size Sq Ft: 9583

Rental Info

  • Tenant Pays: Sewer,Water
  • Total Deposit: 2100
  • Total # Leasable: 4

Multi Family

  • Gross Income: 33600
  • Operating Expense: 1800
  • Income Includes: Rent Only
  • Insurance Expense: 1500
  • Number of Leased Units: 3
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Number of Vacant Units: 2
  • Units Furnished: None
  • Gross Income Multiplier: 5.360

Tax Info

  • Assessor Parcel Number: 147-345-01
  • Current RE Taxes: 1800

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2011
Closed on
Apr 2, 2012
Sold by
Jesus Children Ministry
Bought by
Aguayo Enrique and Aguayo Maribel
Seller's Agent
Bernard Burks
B. Burks & Associates
Buyer's Agent
Bernard Burks
B. Burks & Associates
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Current Estimated Value
$495,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,500
Avg. Annual Appreciation
8.48%

Purchase Details

Closed on
Sep 20, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Jesus Children Ministry and Children Neighborhood & Community Develo

Purchase Details

Closed on
Aug 13, 2010
Sold by
Espinoza Gerry P
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 24, 2005
Sold by
Peter Edward
Bought by
Peter & Sons Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 23, 2005
Sold by
Peter & Sons Investments Llc
Bought by
Espinoza Gerry P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 12, 2004
Sold by
Peter Shalini
Bought by
Peter Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,200
Interest Rate
9.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2004
Sold by
Greer Ralph G and Greer Ralph
Bought by
Ichie & 2 Sisters Llc
Source: Public Records

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
Aguayo Enrique $165,000 Placer Title Company
Jesus Children Ministry -- Stewart Title
Jpmorgan Chase Bank National Association $95,414 Servicelink
Peter & Sons Investments Llc -- Placer Title Company
Espinoza Gerry P $525,000 Placer Title Company
Peter Edward -- Alliance Title Company
Peter Edward $348,000 Alliance Title Company
Ichie & 2 Sisters Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espinoza Gerry P $420,000
Previous Owner Peter Edward $313,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2012 04/09/12 Sold $165,000 -8.3% $47 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
04/14/2011 04/14/11 For Sale $179,900 -- $52 / 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 $2,677 $207,239 $62,798 $144,441
2024 $2,634 $203,176 $61,567 $141,609
2023 $2,575 $199,193 $60,360 $138,833
2022 $2,490 $195,288 $59,177 $136,111
2021 $2,394 $191,460 $58,017 $133,443
2020 $2,439 $189,498 $57,423 $132,075
2019 $2,429 $185,784 $56,298 $129,486
2018 $2,385 $182,143 $55,195 $126,948
2017 $2,261 $178,572 $54,113 $124,459
2016 $2,301 $175,070 $53,052 $122,018
2014 $2,183 $169,064 $51,232 $117,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 11028511

MetroList

APN: 147-345-01