NOT LISTED FOR SALE

Estimated Value: $500,000 - $554,000

6 Beds
4 Baths
2,291 Sq Ft
$232/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $517,000 $226 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,385/month

31 Days on Market

About This Home

As of March 2023

Great Duplex rental with cash flow. One side is rented out for $2000 other side just finished renovation and it is currently vacant, can be rented out for $2000 a month. Please is in good condition for the next owner or tenant. Great opportunity to live in one and rent out the other or rental portfolio. Both units are 3 beds 2 bath.

Last Agent to Sell the Property

Tan Nguyen

Akimax Lending License #01843858 Listed on: 01/12/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,918

Year Built

  • 1979

Lot Details

  • 6,199

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,291 Sq Ft Home
  • 1-Story Property

Additional Features

  • 6,199 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $4,000

Community Details

Overview

  • 2,291 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $735
  • Operating Expense $4,400
  • Gross Income $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,918

Year Built

1979

Lot Details

0

Parking

2

Listing Details

  • Zoning: r2
  • Subclass: Duplex
  • Age: 44
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2291
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Living Sq Ft: 2291
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Lodi Unified

Lot Info

  • Lot Acres: 0.1423
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6200.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 129.75
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 735
  • Expenses Total: 4400
  • Income Annual Gross: 4000.00
  • Income Annual Rental: 4000
  • Income Gross Scheduled: 4000
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Maintenance, Maintenance - Repair
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Mar 20, 2023
Sold by
Preserved Asset Llc
Bought by
Gutierrez Alberto R and Gutierrez Nancy Y
Seller's Agent
Tan Nguyen
Akimax Lending
List Price
$519,000
Sold Price
$517,000
Premium/Discount to List
-$2,000
-0.39%
Views
314
Current Estimated Value
$530,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,722
Avg. Annual Appreciation
2.06%
Original Mortgage
$387,750
Outstanding Balance
$376,427
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$167,065

Purchase Details

Closed on
Sep 12, 2019
Sold by
First District Capital Funding Llc
Bought by
Preserved Asset Llc

Purchase Details

Closed on
Apr 1, 2015
Sold by
Turn Key Asset Inc
Bought by
First District Capital Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,293,900
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 26, 2013
Closed on
Jul 11, 2013
Sold by
Nguyen Kim Thanh
Bought by
Nguyen Danny
Seller's Agent
Bruce Davies
Partners Real Estate
Buyer's Agent
Karylene Mann
Partners Real Estate
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.19%

Purchase Details

Closed on
Sep 11, 2003
Sold by
Nguyen Vinh The
Bought by
Nguyen Kim Thanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,700
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 1997
Sold by
Ludan Romulo C and Ludan Annabel D
Bought by
Pineda Rolando A and Pineda Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.63%
Mortgage Type
Seller Take Back
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
Gutierrez Alberto R $517,000 Chicago Title
Preserved Asset Llc $314,000 Chicago Title Co Stockton
First District Capital Funding Llc -- Chicago Title Company
Turn Key Asset Inc -- Chicago Title Company
Nguyen Danny -- Old Republic Title Company
Nguyen Kim Thanh -- Chicago Title Co
Nguyen Kim Thanh $245,000 Chicago Title Co
Pineda Rolando A $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Alberto R $387,750
Previous Owner Preserved Assets Llc $221,286
Previous Owner First District Capital Funding Llc $190,000
Previous Owner First District Capital Funding Llc $3,293,900
Previous Owner Nguyen Kim T $100,000
Previous Owner Nguyen Kim Thanh $183,700
Previous Owner Pineda Roland A $172,500
Previous Owner Pineda Rolando A $21,000
Previous Owner Pineda Rolando A $99,000
Previous Owner Pineda Rolando A $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2023 03/14/23 Sold $517,000 -0.4% $226 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $519,000 0.0% $227 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $519,000 +284.4% $227 / Sq Ft
07/19/2013 07/19/13 Sold $135,000 0.0% $59 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $135,000 -- $59 / Sq Ft
Source: MLSListings

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 $5,918 $527,340 $132,600 $394,740
2023 $3,749 $329,672 $84,092 $245,580
2022 $3,665 $323,209 $82,444 $240,765
2021 $3,750 $316,873 $80,828 $236,045
2020 $3,661 $313,625 $80,000 $233,625
2019 $1,747 $148,351 $54,945 $93,406
2018 $1,716 $145,443 $53,868 $91,575
2017 $1,676 $142,592 $52,812 $89,780
2016 $2,093 $139,797 $51,777 $88,020
2014 -- $135,000 $50,000 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81916132

MLSListings

APN: 072-110-11