NOT LISTED FOR SALE

1451 S Sutter St Stockton, CA 95206

Seaport Neighborhood

Estimated Value: $381,000 - $431,000

4 Beds
4 Baths
2,400 Sq Ft
$173/Sq Ft Est. Value

Sale Details

Date Sold: February 24, 2017

Last sale price $245,000 $102 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,524 / mo

91 Days on Market

About This Home

As of February 2017

Are you looking for a great opportunity for cash flow with tenants in place? This fourplex brings in $2,400/month and is fully occupied. You'll be hard pressed to find a better cap rate! Each unit has laundry hook up. A/C and Heater are wall mounted in each unit.

Last Agent to Sell the Property

Devin Spurling

Realty ONE Group Complete License #01845160 Listed on: 10/19/2016

Realty ONE Group Complete

Last Buyer's Agent

Eric Quillinan

Help-U-Sell Alpha Realty License #01425143

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,341

Lot Details

  • 5,001

Home Design

  • Quadruplex
  • Composition Roof

Additional Features

  • 2-Story Property
  • 5,001 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 167-150-11

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Insurance Expense $800
  • Operating Expense $6,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,341

Lot Details

5,001 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 260000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open,Street

Utilities

  • Security: Carbon Mon Detector,Smoke Detector,See Remarks
  • Cooling: See Remarks
  • Heating: Electric,See Remarks

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: R/M
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5001

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas

Multi Family

  • Operating Expense: 6140
  • Income Includes: Rent Only
  • Insurance Expense: 800
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 167-150-11
  • Current RE Taxes: 1341

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2016
Closed on
Feb 21, 2017
Sold by
Erdman Jeanetta and Lillefjeld Jeanetta
Bought by
Villanueva Frank and Villanueva Jacqueline
Seller's Agent
Devin Spurling
Realty ONE Group Complete
Buyer's Agent
Eric Quillinan
Help-U-Sell Alpha Realty
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Current Estimated Value
$414,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,511
Avg. Annual Appreciation
5.90%
Original Mortgage
$183,750
Outstanding Balance
$151,796
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$262,715

Purchase Details

Closed on
Mar 30, 1999
Sold by
Bradford E H
Bought by
Lillefjeld Bradford E and Lillefjeld Jeanetta
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Villanueva Frank $245,000 Fidelity National Title Co
Lillefjeld Bradford E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villanueva Frank $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2017 02/24/17 Sold $245,000 -7.5% $102 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
10/19/2016 10/19/16 For Sale $265,000 -- $110 / 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 $4,098 $284,337 $87,041 $197,296
2024 $3,512 $278,763 $85,335 $193,428
2023 $3,434 $273,298 $83,662 $189,636
2022 $4,323 $267,940 $82,022 $185,918
2021 $3,247 $262,687 $80,414 $182,273
2020 $3,309 $259,995 $79,590 $180,405
2019 $3,296 $254,898 $78,030 $176,868
2018 $4,327 $249,900 $76,500 $173,400
2017 $1,407 $109,347 $31,695 $77,652
2016 $1,431 $107,202 $31,073 $76,129
2014 $1,356 $103,525 $30,007 $73,518
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Devin Spurling

    Realty ONE Group Complete

    (916) 705-3597

    49 Total Sales

    Devin Spurling
    Section Image
  • Eric Quillinan

    Buyer's Agent in 2017

    Eric Quillinan

    Help-U-Sell Alpha Realty

    (209) 403-6076

    2 in this area

    48 Total Sales

    Eric Quillinan
    Section Image
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Map

Source: MetroList

MLS Number: 16068011

MetroList

APN: 167-150-11

California San Joaquin County Stockton 95206 Seaport

1451 S Sutter St, Stockton, CA

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