NOT LISTED FOR SALE

Estimated Value: $318,000 - $470,000

2 Beds
2 Baths
1,522 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $124,900 $82 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $2,207/month

10 Days on Market

Highlights

  • No HOA
  • Cottage
  • 1-Story Property

About This Home

As of September 2014

Very nice Duplex with one bedroom, one bathroom units not far from the Miracle Mile, schools and shopping. Low maintenance back yards. Detached garage that could be modified to allow 2 cars. Both units have new carpeting, vinyl flooring and recent interior painting. There is a new roof on the garage. Live in one unit and rent out the other. Don't miss this jewel.

Last Agent to Sell the Property

Kim Tutt

Werner Properties License #00830795 Listed on: 08/09/2014

Last Buyer's Agent

JIM DAVIS

Realty ONE Group Zoom License #01307284

Realty ONE Group Zoom

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 5,523

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Cottage
  • Composition Roof

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 5,523 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 125-220-04

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1947
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 124900.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: RM
  • Lot Size Acres: 0.1268
  • Lot Size Sq Ft: 5523

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 125-220-04

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2014
Closed on
Sep 26, 2014
Sold by
Fannie Mae
Bought by
Farrens Michael
Seller's Agent
Kim Tutt
Werner Properties
Buyer's Agent
JIM DAVIS
Realty ONE Group Zoom
List Price
$124,900
Sold Price
$124,900
Current Estimated Value
$392,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,639
Avg. Annual Appreciation
10.71%
Original Mortgage
$106,165
Outstanding Balance
$81,361
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$311,178

Purchase Details

Listed on
Aug 9, 2014
Closed on
Sep 23, 2014
Sold by
Farrens Wendy Louise
Bought by
Farrens Michael
Seller's Agent
Kim Tutt
Werner Properties
Buyer's Agent
JIM DAVIS
Realty ONE Group Zoom
List Price
$124,900
Sold Price
$124,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,165
Outstanding Balance
$81,361
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$311,178

Purchase Details

Closed on
Sep 17, 2013
Sold by
Hofer Roger and Hofer Marian
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 25, 2006
Sold by
Aldridge Howard and Aldridge Rhonda
Bought by
Hofer Roger and Hofer Marian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 1999
Sold by
Sue Esley Lurline
Bought by
Aldridge Howard and Aldridge Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.04%
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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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
Farrens Michael $125,000 Servicelink
Farrens Michael -- Servicelink
Federal National Mortgage Association $242,906 Lsi Title Company
Hofer Roger $300,000 Alliance Title Company
Aldridge Howard $90,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrens Michael $106,165
Previous Owner Hofer Roger $240,000
Previous Owner Aldridge Howard $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2014 09/30/14 Sold $124,900 0.0% $82 / Sq Ft
08/19/2014 08/19/14 Pending -- -- --
08/09/2014 08/09/14 For Sale $124,900 -- $82 / Sq Ft
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 $1,816 $150,223 $42,060 $108,163
2024 $1,786 $147,279 $41,236 $106,043
2023 $1,744 $144,392 $40,428 $103,964
2022 $1,701 $141,562 $39,636 $101,926
2021 $1,634 $138,787 $38,859 $99,928
2020 $1,664 $137,365 $38,461 $98,904
2019 $1,656 $134,672 $37,707 $96,965
2018 $1,624 $132,032 $36,968 $95,064
2017 $1,537 $129,444 $36,244 $93,200
2016 $1,563 $126,907 $35,534 $91,373
2014 $1,287 $100,000 $25,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14050737

MetroList

APN: 125-220-04