NOT LISTED FOR SALE

1834 New Horizons Dr Manteca, CA 95336

Estimated Value: $650,241 - $935,000

6 Beds
6 Baths
3,000 Sq Ft
$281/Sq Ft Est. Value

Sale Details

Date Sold: March 11, 2022

Last sale price $710,000 $237 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,983 / mo

12 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • Carpet
  • No HOA
  • 4 Car Garage

About This Home

As of March 2022

Opportunity Knocks! Manteca Triplex! Convenient location near Hwy 120, Hwy 99, shopping and services. PLEASE DO NOT DISTURB TENANTS! Two units are townhouse style 2 bdrm, 1.5 bath, 1 car garage. Bedrooms and full bath are upstairs. The 3rd unit is a single story 2 bdrm 1 bath, 2 car garage. Long term tenants have been in place since 2003, 2012 and 2013; all month to month agreements. As a result of the longevity rents are below market and interiors are dated. Last rent increase effective 11-2021. Pest report attached. Buyers to confirm any information to their own satisfaction and expense and sq. ft. information are estimates.

Last Agent to Sell the Property

Karen Freeman

Innovative Realty License #00881554 Listed on: 02/06/2022

Last Buyer's Agent

Karen Freeman

Innovative Realty License #00881554 Listed on: 02/06/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 10,276 Sq Ft Lot
  • Lot Dimensions: 10

Parking

  • 4 Car Garage

Home Design

  • Triplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 208-320-04

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • New Horizons Subdivision

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month
  • Insurance Expense $3,600
  • Maintenance Expense $2,000
  • Professional Management Expense $2,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

10,276 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Garden Apartments,Townhouses
  • Property Subtype 1: Triplex
  • Stories: 2
  • Year Built: 1981
  • Architectural Style: Contemporary
  • Levels: Two
  • Stories: 2
  • Subdivision: New Horizons
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven, Electric Cook Top
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 232.86

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Structural Pest Control Report
  • Foundation: Slab
  • Listing Price: 679000.00
  • Lot Features: Other
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Other
  • Water Source: Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Manteca Unified

Lot Info

  • Zoning Description: R4 as per tax record
  • Irrigation: Public District
  • Lot Size Acres: 0.2359
  • Lot Dimensions: apz 10,275 sq ft
  • Lot Size Sq Ft: 10276.00

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: Month To Month
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 3600
  • Maintenance Expense: 2000
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Two Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 3

Tax Info

  • Assessor Parcel Number: 208-320-04
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2022
Closed on
Mar 9, 2022
Sold by
Pearson Ernest J and Pearson Margaret S
Bought by
Brar Gurtej Singh and Brar Ratinder Kaur
Seller's Agent
Karen Freeman
Innovative Realty
Buyer's Agent
Karen Freeman
Innovative Realty
List Price
$679,000
Sold Price
$710,000
Premium/Discount to List
$31,000
4.57%
Current Estimated Value
$802,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,348
Avg. Annual Appreciation
4.29%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Brar Gurtej Singh $710,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2022 03/11/22 Sold $710,000 +4.6% $237 / Sq Ft
02/21/2022 02/21/22 Off Market $679,000 -- --
02/18/2022 02/18/22 Pending -- -- --
02/06/2022 02/06/22 For Sale $679,000 -- $226 / 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 $8,402 $753,457 $185,711 $567,746
2024 $8,167 $738,684 $182,070 $556,614
2023 $8,068 $724,200 $178,500 $545,700
2022 $4,440 $395,149 $112,651 $282,498
2021 $4,392 $387,402 $110,443 $276,959
2020 $4,215 $383,431 $109,311 $274,120
2019 $4,160 $375,914 $107,168 $268,746
2018 $4,105 $368,544 $105,067 $263,477
2017 $4,046 $361,318 $103,007 $258,311
2016 $3,949 $354,235 $100,988 $253,247
2014 $3,666 $342,082 $97,523 $244,559
Source: Public Records

Agents Affiliated with this Home

  • Karen Freeman

    Seller's Agent in 2022

    Karen Freeman

    Innovative Realty

    (209) 969-0883

    44 Total Sales

    Karen Freeman
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Map

Source: MetroList

MLS Number: 222012874

MetroList

APN: 208-320-04

California San Joaquin County Manteca 95336

1834 New Horizons Dr, Manteca, CA

Not Listed for Sale

MultiFamily

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