NOT LISTED FOR SALE

Estimated Value: $369,548 - $471,000

4 Beds
2 Baths
1,581 Sq Ft
$270/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $345,000 $218 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,657/month

2 Days on Market

About This Home

As of December 2020

Great duplex in the heart of Lodi CA. Live in one and rent the other. A well maintained property and Each unit has separate utility hookups a huge plus for the the new owner. The front unit has bamboo floors. Both units have full size stove and dishwasher. while the rear unit has inside laundry hookups. Close to school and shopping

Last Agent to Sell the Property

Lance McHan

Cornerstone Real Estate Group License #01987449 Listed on: 10/09/2020

Last Buyer's Agent

Andrew Manies

HOMWRX License #02044880

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,958

Year Built

  • Built in 1915

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Gas Oven

Utilities

  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 047-192-35

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,958

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1915
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven
  • Flooring: Varies by Unit

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 348900.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage,Street,1 Space Per Unit

Utilities

  • Utilities: Cable Connected
  • Cooling: Central,MultiUnits,Whole House Fan,Varies by Unit
  • Electric: 220 Volts
  • Heating: MultiUnits,Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: r
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 2

Multi Family

  • Gross Income: 24000
  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 047-192-35
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Dec 4, 2020
Sold by
Brown Donald Martin and Wells Brown Terry
Bought by
Khan Liaqat A and Nisa Fakhar Un
Seller's Agent
Lance McHan
Cornerstone Real Estate Group
Buyer's Agent
Andrew Manies
HOMWRX
List Price
$348,900
Sold Price
$345,000
Premium/Discount to List
-$3,900
-1.12%
Current Estimated Value
$427,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,137
Avg. Annual Appreciation
5.71%
Original Mortgage
$276,000
Outstanding Balance
$250,042
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$198,427

Purchase Details

Closed on
Mar 14, 2002
Sold by
Skatvold George M
Bought by
Brown Donald Martin and Wells Brown Terry Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.84%
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
Khan Liaqat A $345,000 Chicago Title Company
Brown Donald Martin $60,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Liaqat A $276,000
Previous Owner Brown Donald Martin $188,000
Previous Owner Brown Donald Martin $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $345,000 -1.1% $218 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $348,900 -- $221 / 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
2024 $3,958 $366,116 $84,896 $281,220
2023 $3,904 $358,938 $83,232 $275,706
2022 $3,817 $351,900 $81,600 $270,300
2021 $3,886 $345,000 $80,000 $265,000
2020 $1,162 $103,241 $54,029 $49,212
2019 $1,139 $101,218 $52,970 $48,248
2018 $1,123 $99,234 $51,932 $47,302
2017 $1,099 $97,289 $50,914 $46,375
2016 $1,031 $95,382 $49,916 $45,466
2014 $1,004 $92,110 $48,203 $43,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20061359

MetroList

APN: 047-192-35