NOT LISTED FOR SALE

151 S Mills Ave Lodi, CA 95242

Sunwest Neighborhood

Estimated Value: $516,000 - $687,000

4 Beds
2 Baths
1,964 Sq Ft
$309/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2018

Last sale price $380,000 $193 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,587 / mo

96 Days on Market

Highlights

  • No HOA
  • 1 Car Garage
  • 1-Story Property
  • Central Heating

About This Home

As of February 2018

Located in a nice neighborhood in Lodi. Income producing and tenants wish to stay.

Last Agent to Sell the Property

Joseph Collins

Collins Realty Inc. License #01906692 Listed on: 10/12/2017

Last Buyer's Agent

Santokh Mann

USKO Realty License #02025586

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 8,050

Parking

  • 1 Car Garage
  • 3 Open Parking Spaces

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • 8,050 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity trash collection water
  • Assessor Parcel Number 029-160-23

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

8,050 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1976
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range,Dishwasher,Disposal,Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Lap Siding,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts
  • Listing Price: 450000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 3
  • Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1848
  • Lot Size Sq Ft: 8050

Rental Info

  • Tenant Pays: Cable TV,Electricity,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 029-160-23

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2017
Closed on
Feb 13, 2018
Sold by
Anderson Rosemary L and Anderson Ronald
Bought by
Singh Parmjit and Kaur Paramjit
Seller's Agent
Joseph Collins
Collins Realty Inc.
Buyer's Agent
Santokh Mann
USKO Realty
List Price
$450,000
Sold Price
$380,000
Premium/Discount to List
-$70,000
-15.56%
Current Estimated Value
$606,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,999
Avg. Annual Appreciation
5.89%
Original Mortgage
$285,000
Outstanding Balance
$241,126
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$365,873

Purchase Details

Closed on
Nov 5, 2010
Sold by
Anderson Rosemary
Bought by
Anderson Rosemary L and The Ronald & Rosemary Anderson

Purchase Details

Closed on
Oct 23, 2006
Sold by
Anderson Rosemary
Bought by
Anderson Rosemary and Bernice M Vaughn Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2006
Sold by
Anderson Ronald G
Bought by
Anderson Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2006
Sold by
Anderson Rosemary and The Bernice M Vaughan Trust
Bought by
Anderson Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 1996
Sold by
Mclaughlin Douglas A and Mclaughlin Elda
Bought by
Vaughan Berniece

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.42%
Mortgage Type
Seller Take Back
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
Singh Parmjit $380,000 Chicago Title Company Stockt
Anderson Rosemary L -- None Available
Anderson Rosemary -- None Available
Anderson Rosemary -- Old Republic Title Company
Anderson Rosemary -- Old Republic Title Company
Anderson Rosemary -- Old Republic Title Company
Anderson Rosemary -- None Available
Vaughan Berniece $155,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Parmjit $285,000
Previous Owner Anderson Rosemary $363,750
Previous Owner Anderson Rosemary $363,750
Previous Owner Anderson Rosemary $363,750
Previous Owner Vaughan Berniece $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2018 02/14/18 Sold $380,000 -15.6% $193 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
10/12/2017 10/12/17 For Sale $450,000 -- $229 / 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 $4,697 $432,367 $119,802 $312,565
2024 $4,568 $423,890 $117,453 $306,437
2023 $4,516 $415,579 $115,150 $300,429
2022 $4,416 $407,432 $112,893 $294,539
2021 $4,496 $399,444 $110,680 $288,764
2020 $4,379 $395,350 $109,546 $285,804
2019 $4,291 $387,599 $107,399 $280,200
2018 $2,481 $221,854 $78,722 $143,132
2017 $2,426 $217,505 $77,179 $140,326
2016 $2,274 $213,241 $75,666 $137,575
2014 $2,217 $205,925 $73,070 $132,855
Source: Public Records

Agents Affiliated with this Home

  • Joseph Collins

    Seller's Agent in 2018

    Joseph Collins

    Collins Realty Inc.

    (209) 200-0709

    1 in this area

    15 Total Sales

    Joseph Collins
    Section Image
  • Santokh Mann

    Buyer's Agent in 2018

    Santokh Mann

    USKO Realty

    (916) 769-1893

    2 Total Sales

    Santokh Mann
    Section Image
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Map

Source: MetroList

MLS Number: 17063723

MetroList

APN: 029-160-23

California San Joaquin County Lodi 95242 Sunwest

151 S Mills Ave, Lodi, CA

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