NOT LISTED FOR SALE

Estimated Value: $526,320 - $644,000

6 Beds
4 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold October 31, 2012

Last sale price $245,000

Est. 140% increase in value since last sale

Current estimated payment $3,349/month

488 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • Central Heating and Cooling System
  • No HOA

About This Home

As of October 2012

Wow, great location for this corner duplex, live in one side and rent the other unit out. 4 bdrm 2 ba 2 car garage, makes for a great owner occupied unit, plus a 2 bdrm 1 ba 1 car garage unit, each has a their own yard newer windows and stucco in the last 4 years.

Last Agent to Sell the Property

Gloria Tovar

Grupe Real Estate License #00714908 Listed on: 07/01/2011

Grupe Real Estate

Last Buyer's Agent

Paul Mertz

The Mertz Company License #00561067

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions: 0

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Shake Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $925
  • Tenant pays for cable tv electricity gas trash collection water
  • Assessor Parcel Number 029-160-25

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1974
  • Architectural Style: Contemporary
  • Stories: 2
  • Number of Three Bedroom Units: 1
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 240000.00
  • Patio And Porch Features: See Remarks
  • Roof: Shake

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,Street

Utilities

  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: R-2
  • Lot Size Acres: 0.1800
  • Lot Dimensions: 0000
  • Lot Size Sq Ft: 7841

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Trash Collection,Water
  • Total Deposit: 925
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 029-160-25

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2011
Closed on
Oct 26, 2012
Sold by
Nilssen Steven B and Nilssen Lynda S
Bought by
Nilssen Steven B and Nilssen Lynda S
Seller's Agent
Gloria Tovar
Grupe Real Estate
Buyer's Agent
Paul Mertz
The Mertz Company
List Price
$450,000
Sold Price
$245,000
Premium/Discount to List
-$205,000
-45.56%
Current Estimated Value
$588,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,080
Avg. Annual Appreciation
6.87%

Purchase Details

Listed on
Jul 1, 2011
Closed on
Oct 25, 2012
Sold by
Nilssen Steven B and Nilssen Lynda S
Bought by
Mataga Yoshikazu and Mataga Arleen
Seller's Agent
Gloria Tovar
Grupe Real Estate
Buyer's Agent
Paul Mertz
The Mertz Company
List Price
$450,000
Sold Price
$245,000
Premium/Discount to List
-$205,000
-45.56%

Purchase Details

Closed on
Dec 27, 2005
Sold by
Nilssen Steven B and Nilssen Lynda S
Bought by
Nilssen Steven B and Nilssen Lynda S

Purchase Details

Closed on
Aug 2, 2005
Sold by
Drege Sidney Dale and Drege Ramona G
Bought by
Nilssen Steven B and Nilssen Lynda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,953
Interest Rate
2.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 1, 2004
Sold by
Drege Sidney Dale and Earl N Drege Revocable Trust
Bought by
Drege Sidney Dale and Drege Ramona G

Purchase Details

Closed on
Dec 9, 1996
Sold by
Drege Earl N
Bought by
Drege Earl N and Earl N Drege Revocable Trust
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
Nilssen Steven B -- Chicago Title Company
Nilssen Steven B -- Chicago Title Company
Mataga Yoshikazu -- Chicago Title Company
Nilssen Steven B -- None Available
Nilssen Steven B $470,000 Alliance Title Co
Drege Sidney Dale -- --
Drege Earl N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nilssen Steven B $422,953
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2012 10/31/12 Sold $245,000 -45.6% --
10/31/2012 10/31/12 Pending -- -- --
07/01/2011 07/01/11 For Sale $450,000 -- --
Source: MetroList

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
2025 $3,285 $301,691 $110,824 $190,867
2024 $3,196 $295,776 $108,651 $187,125
2023 $3,159 $289,977 $106,521 $183,456
2022 $3,089 $284,292 $104,433 $179,859
2021 $3,145 $278,719 $102,386 $176,333
2020 $3,063 $275,862 $101,337 $174,525
2019 $3,002 $270,453 $99,350 $171,103
2018 $2,960 $265,151 $97,402 $167,749
2017 $2,894 $259,953 $95,493 $164,460
2016 $2,713 $254,857 $93,621 $161,236
2014 $2,646 $246,113 $90,409 $155,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 11048626

MetroList

APN: 029-160-25