NOT LISTED FOR SALE

1381 W Lockeford St Lodi, CA 95242

North Lodi Neighborhood

Estimated Value: $1,144,046

2 Beds
1 Bath
800 Sq Ft
$1,430/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $815,000 $1,019 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,856/month

12 Days on Market

Highlights

  • Contemporary Architecture
  • Tile Flooring
  • Ceiling Fan
  • No HOA

About This Home

As of September 2021

OPPORTUNITY KNOCKS! Great return on investment for this well-priced multi-unit building. Close to shopping! All info per seller and others and not verified by broker. Great price for a well-located Lodi complex! Just across the street from a great breakfast! Tenants pay utilities.

Last Agent to Sell the Property

Larry Underhill

Keller Williams Realty License #00858988 Listed on: 06/16/2021

Keller Williams Realty

Co-Listed By

Angel McGregor

Statesman Realty License #01266136

Last Buyer's Agent

Kay Watson

TSG Premier Realty License #01402596

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,129

Lot Details

  • 0.3 Acre Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 12 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 035-330-12

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 5 Leased Units
  • 1 Vacant Unit
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,129

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Architectural Style: Contemporary
  • Stories: 2
  • Year Built Details: Unknown
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Electric Range
  • Flooring: Carpet, Tile, Vinyl

Exterior Features

  • Construction Materials: Frame
  • Foundation: Slab
  • Listing Price: 799950.00
  • Lot Features: Court, Curbs/Gutters, Sidewalk
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street, Uncovered
  • Total Parking Spaces: 12

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: City
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Varies by Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: res
  • Irrigation: None
  • Lot Size Acres: 0.2984
  • Lot Size Sq Ft: 12998

Rental Info

  • Total # Leasable: 6

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 5
  • Number of Month to Month Units: 4
  • Number of Units: 6
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 035-330-12
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2024
Sold by
Jbianchi Properties Llc
Bought by
K2 Realty Services Llc
Current Estimated Value
$1,144,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Outstanding Balance
$647,009
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$496,175

Purchase Details

Listed on
Jun 16, 2021
Closed on
Sep 3, 2021
Sold by
Robert Baumbach Dale
Bought by
Baumbach Family Revocable Trust
Seller's Agent
Larry Underhill
Keller Williams Realty
Buyer's Agent
Kay Watson
TSG Premier Realty
List Price
$799,950
Sold Price
$815,000
Premium/Discount to List
$15,050
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 16, 2021
Closed on
Sep 1, 2021
Sold by
Baumbach Peggy E and The Baumbach Family Revocable
Bought by
Jbianchi Properties Llc
Seller's Agent
Larry Underhill
Keller Williams Realty
Buyer's Agent
Kay Watson
TSG Premier Realty
List Price
$799,950
Sold Price
$815,000
Premium/Discount to List
$15,050
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 26, 2021
Sold by
Robert Baumbach Dale
Bought by
Baumbach Family Revocable Trust
Seller's Agent
Larry Underhill
Keller Williams Realty
Buyer's Agent
Kay Watson
TSG Premier Realty
List Price
$799,950
Sold Price
$815,000
Premium/Discount to List
$15,050
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 1, 2019
Sold by
Schaberg Family Trust
Bought by
Baumbach Family Trust

Purchase Details

Closed on
Jun 13, 2001
Sold by
Baumbach Dale R and Baumbach Peggy E
Bought by
Baumbach Dale R and Baumbach Peggy E
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 Buyer Sale Price Title Company
K2 Realty Services Llc $1,140,000 Chicago Title Company
Baumbach Family Revocable Trust -- --
Jbianchi Properties Llc $815,000 Chicago Title Company
Baumbach Family Revocable Trust -- --
Baumbach Family Trust $60,000 None Available
Baumbach Dale R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K2 Realty Services Llc $685,000
Previous Owner Jbianchi Properties Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $815,000 +1.9% $1,019 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $799,950 -- $1,000 / 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 $9,129 $847,926 $218,484 $629,442
2023 $3,280 $297,797 $79,689 $218,108
2022 $3,208 $291,959 $78,127 $213,832
2021 $3,236 $286,236 $76,596 $209,640
2020 $3,153 $283,302 $75,811 $207,491
2019 $3,089 $277,748 $74,325 $203,423
2018 $3,046 $272,303 $72,868 $199,435
2017 $2,979 $266,965 $71,440 $195,525
2016 $2,793 $261,731 $70,039 $191,692
2014 $2,726 $252,751 $67,636 $185,115
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Larry Underhill

    Keller Williams Realty

    Section Image
  • Angel McGregor

    Seller Co-Listing Agent in 2021

    Angel McGregor

    Statesman Realty

    (209) 600-1214

    15 in this area

    140 Total Sales

    Angel McGregor
    Section Image
  • Kay Watson

    Buyer's Agent in 2021

    Kay Watson

    TSG Premier Realty

    (916) 271-3309

    1 in this area

    7 Total Sales

    Kay Watson
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 221068947

MetroList

APN: 035-330-12

California San Joaquin County Lodi 95242 North Lodi

1381 W Lockeford St, Lodi, CA

This home is located at 1381 W Lockeford St, Lodi, CA 95242 since 16 June 2021 and is currently estimated at $1,144,046, approximately $1,430 per square foot. 1381 W Lockeford St is a home located in San Joaquin County with nearby schools including Erma B. Reese 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.

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