Seller's Agent in 2024
Dan Phipps
Professional Realty Associates
(209) 618-2322
2 in this area
93 Total Sales
137 Adobe Ct Lodi, CA 95240
Central Lodi NeighborhoodEstimated Value: $544,339 - $616,000
3
Beds
2
Baths
2,642
Sq Ft
$217/Sq Ft
Est. Value
About This Home
As of December 2024Welcome to this charming duplex in the heart of Lodi, CA, where opportunity meets tranquility. Nestled among giant, mature trees that provide a picturesque backdrop, this property is more than just an income generator - it's a place where comfort and potential coexist. Each spacious unit boasts 3 bedrooms and 2 bathrooms, with the convenience of a 2-car garage and indoor laundry. The warmth of a brick fireplace greets you as you enter, while durable tile floors downstairs make everyday living a breeze. The right-side unit has been thoughtfully upgraded, featuring elegant granite countertops, a stylish new backsplash, and easy-to-clean white cabinetry. The kitchen is ready for culinary creations with a stainless sink and matching white appliances. The property's appeal doesn't stop inside. Recent repairs to the roof and updated HVAC units ensure comfort year-round, with ice-cold air for those hot California summers. The backyard fence has been mostly replaced, providing a fresh and secure space for outdoor enjoyment. Location is everything, and this duplex is perfectly situated for commuters, just minutes from Freeway 99. High rental demand in Lodi adds another layer of appeal, making this an attractive investment opportunity. Though this property is brimming with potential, it does need a little TLC to truly shine. Fresh paint, new flooring upstairs, and some repairs will transform this space into a sought-after rental, ready to welcome its next tenants. This duplex is not just a property; it's a canvas for your vision. With its prime location, stunning surroundings, and untapped potential, it offers the perfect blend of practicality and possibility. Don't miss the chance to make this investment a part of your portfolio.
Last Agent to Sell the Property
Professional Realty Associates Brokerage Phone: 209-818-7038 License #01787771 Listed on: 08/16/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1985
Lot Details
- 5,143 Sq Ft Lot
- 1 Common Wall
- Cul-De-Sac
Parking
- 4 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,642 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 1877
- Assessor Parcel Number 06231005
- $415 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2024
Closed on
Dec 11, 2024
Sold by
Thomas Revocable Living Trust and Thomas Dorothy M
Bought by
Lorenzi Pablo and Lorenzi Magali
Seller's Agent
Dan Phipps
Professional Realty Associates
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$575,000
Sold Price
$548,000
Premium/Discount to List
-$27,000
-4.7%
Views
99
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,335
Avg. Annual Appreciation
4.36%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lorenzi Pablo | $548,000 | Chicago Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/19/2024 12/19/24 | Sold | $548,000 | -4.7% | $207 / Sq Ft |
| 11/11/2024 11/11/24 | Pending | -- | -- | -- |
| 08/16/2024 08/16/24 | For Sale | $575,000 | -- | $218 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,484 | $504,710 | $150,699 | $354,011 |
| 2024 | $5,334 | $494,815 | $147,745 | $347,070 |
| 2023 | $5,267 | $485,114 | $144,849 | $340,265 |
| 2022 | $5,150 | $475,603 | $142,009 | $333,594 |
| 2021 | $4,501 | $400,000 | $130,000 | $270,000 |
| 2020 | $3,989 | $360,000 | $125,455 | $234,545 |
| 2019 | $3,656 | $330,000 | $115,000 | $215,000 |
| 2018 | $3,677 | $330,000 | $115,000 | $215,000 |
| 2017 | $3,667 | $330,000 | $115,000 | $215,000 |
| 2016 | $3,347 | $315,000 | $110,000 | $205,000 |
| 2014 | $2,153 | $200,000 | $50,000 | $150,000 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Phipps
-
NoEmail NoEmail
N
Buyer's Agent in 2024
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
6,218 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: FR24170241
APN: 062-310-05
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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