NOT LISTED FOR SALE
3 Beds
2 Baths
750 Sq Ft
1.26 Acre Lot

Sale Details

Date Sold: October 1, 2014

Last sale price $1,700,000 $2,267 Per Sq Ft

22 Days on Market

Highlights

  • 1.26 Acre Lot
  • No HOA
  • Laundry Facilities
  • Contemporary Architecture

About This Home

As of October 2014

26 Unit Apartment Complex with coin operated laundry room close to parks and schools. Units are 1 & 2 Bedroom 1 bath, with family room, kitchen, and eating area. Carport per unit. Photo is of one example unit. 2013, and 2014 to date P&L attached with unit mix and rent breakdown. On site Manager lives in Unit #1 All reports have been provided by current Property Manager - Broker assumes no liability for these reports. Rental agreements and maintenance records can be viewed upon request.

Last Agent to Sell the Property

Timothy Katzakian

Katzakian Real Estate License #01008683 Listed on: 07/18/2014

Last Buyer's Agent

Timothy Katzakian

Katzakian Real Estate License #01008683 Listed on: 07/18/2014

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 1.26

Parking

  • 1 Parking Space Included

Home Design

  • Contemporary Architecture
  • Composition Roof

Utilities

  • Wall Furnace
  • Cable TV Available

Additional Features

  • 2-Story Property
  • 1.26 Acre Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity other
  • Assessor Parcel Number 060-090-48

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 26 Units

Amenities

  • Laundry Facilities

Building Details

  • 26 Leased Units
  • 21 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

1.26 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Other
  • Year Built: 1979
  • Architectural Style: Contemporary
  • Stories: 2
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 1800000.00
  • Patio And Porch Features: Uncovered Patio,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Connected
  • Cooling: Ceiling Fan(s),Wall Unit(s),Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: Apartments
  • Lot Size Acres: 1.2600
  • Lot Size Sq Ft: 54886

Rental Info

  • Tenant Pays: Cable TV,Electricity,Other
  • Total # Leasable: 26

Multi Family

  • Income Includes: Laundry,Manager's Unit,See Remarks
  • Existing Lease Type: Other
  • Number of Leased Units: 26
  • Number of Month to Month Units: 21
  • Number of Units: 26
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 060-090-48

MLS Schools

  • School District (County): San Joaquin

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2015
Sold by
Bought by

Purchase Details

Listed on
Jul 18, 2014
Closed on
Sep 29, 2014
Sold by
Bought by
Seller's Agent
Timothy Katzakian
Katzakian Real Estate
Buyer's Agent
Timothy Katzakian
Katzakian Real Estate
List Price
$1,800,000
Sold Price
$1,700,000
Premium/Discount to List
-$100,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$1,700,000 Old Republic Title Company
-- Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,119,983
Closed $1,225,000
Previous Owner $1,225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/01/2014 10/01/14 Sold $1,700,000 -5.6% $2,267 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $1,800,000 -- $2,400 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,104 $2,011,879 $792,010 $1,219,869
2024 $21,504 $1,972,431 $776,481 $1,195,950
2023 $21,160 $1,933,756 $761,256 $1,172,500
2022 $20,693 $1,895,840 $746,330 $1,149,510
2021 $21,066 $1,858,668 $731,697 $1,126,971
2020 $20,522 $1,839,611 $724,195 $1,115,416
2019 $20,112 $1,803,542 $709,996 $1,093,546
2018 $19,832 $1,768,179 $696,075 $1,072,104
2017 $19,392 $1,733,510 $682,427 $1,051,083
2016 $18,187 $1,699,529 $669,050 $1,030,479
2014 $10,133 $932,000 $167,000 $765,000
Source: Public Records

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Map

Source: MetroList

MLS Number: 14045392

MetroList
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