NOT LISTED FOR SALE

Estimated Value: $227,000 - $341,000

4 Beds
3 Baths
1,797 Sq Ft
$160/Sq Ft Est. Value

Last Sold August 23, 2012

Last sale price $60,500 $34 Per Sq Ft

Est. 376% increase in value since last sale

Current estimated payment $1,567/month

17 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of August 2012

Excellent investment opportunity. Live in one, and rent the other. Or rent both and see a return on your investment quickly!

Last Agent to Sell the Property

Constance Carter

Catalyst Real Estate Professionals License #01358287 Listed on: 07/16/2012

Last Buyer's Agent

Louis Velez

PMZ Real Estate License #01813638

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions: 9583

Parking

  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Linoleum Flooring

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 171-080-15

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1935
  • Stories: 1
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: None
  • Listing Price: 55000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: R
  • Lot Size Acres: 0.2200
  • Lot Dimensions: 9583
  • Lot Size Sq Ft: 9583

Rental Info

  • Tenant Pays: Other

Multi Family

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

Tax Info

  • Assessor Parcel Number: 171-080-15

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2012
Closed on
Aug 8, 2012
Sold by
The Bank Of New York Mellon
Bought by
Jacobson Edward R
Seller's Agent
Constance Carter
Catalyst Real Estate Professionals
Buyer's Agent
Louis Velez
PMZ Real Estate
List Price
$55,000
Sold Price
$60,500
Premium/Discount to List
$5,500
10%
Current Estimated Value
$288,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,587
Avg. Annual Appreciation
12.38%
Original Mortgage
$42,350
Outstanding Balance
$29,144
Interest Rate
3.53%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$258,943

Purchase Details

Closed on
Mar 29, 2012
Sold by
Mejia Ferman
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 6, 2005
Sold by
Mejia Ferman
Bought by
Mejia Ferman and Mejia Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
1.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2004
Sold by
Mejia Ferman and Mejia Martha J
Bought by
Mejia Ferman and Mejia Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
7.27%
Mortgage Type
New Conventional
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
Jacobson Edward R $60,500 Landsafe Default Inc
The Bank Of New York Mellon $69,750 Landsafe Title
Mejia Ferman -- None Available
Mejia Ferman -- Lsi Title Company
Mejia Ferman -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobson Edward R $42,350
Previous Owner Mejia Ferman $185,000
Previous Owner Mejia Ferman $144,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2012 08/23/12 Sold $60,500 +10.0% $34 / Sq Ft
08/02/2012 08/02/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $55,000 -- $31 / 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 $747 $45,572 $18,468 $27,104
2024 $738 $44,679 $18,106 $26,573
2023 $725 $43,803 $17,751 $26,052
2022 $719 $42,945 $17,403 $25,542
2021 $698 $42,104 $17,062 $25,042
2020 $707 $41,674 $16,888 $24,786
2019 $705 $40,857 $16,557 $24,300
2018 $726 $40,057 $16,233 $23,824
2017 $1,001 $39,272 $15,915 $23,357
2016 $707 $38,502 $15,603 $22,899
2015 $704 $37,924 $15,369 $22,555
2014 $676 $37,181 $15,068 $22,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12044472

MetroList

APN: 171-080-15