NOT LISTED FOR SALE

Estimated Value: $291,000 - $429,000

-- Bed
2 Baths
1,536 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $230,000 $150 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,127/month

8 Days on Market

About This Home

As of July 2020

Great Investor Opportunity. Duplex with 2 beds and 1 bath with long term tenants. Close to Freeway 5, 4 and 99. A must see to appreciated. Also a companion duplex next door on market as well 225 Florence Street.

Last Agent to Sell the Property

Monica Pham

Intero Real Estate Services License #01386567 Listed on: 06/29/2020

Intero Real Estate Services

Last Buyer's Agent

Iok Wong

eXp Realty of California Inc. License #02091784

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,114

Year Built

  • 1961

Lot Details

  • 5,750

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Carport Spaces
  • On-Street Parking

Additional Features

  • 5,750 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $20,640

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $80
  • Insurance Expense $951
  • Maintenance Expense $700
  • Other Expense $228
  • Utility Expense $660
  • Trash Expense $1,745
  • Operating Expense $6,511
  • Gross Income $20,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,114

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 59
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1536
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 1536
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport, On Street
  • Carport Min: 2

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Stockton Unified

Lot Info

  • Lot Acres: 0.1320
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5750.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.58
  • Number Of Leased: 2

Multi Family

  • Expense Insurance: 951
  • Expense Landscape: 80
  • Expense Maintenance: 700
  • Expenses Other: 228
  • Expenses Total: 6511
  • Expenses Utility: 660
  • Expense Trash: 1745
  • Income Annual Gross: 20640.00
  • Income Annual Rental: 20640
  • Income Gross Scheduled: 20640
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Sewer, Services - Trash Removal, Utilities, Utilities - Water
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Jul 20, 2020
Sold by
The 51St One Family Limited Partnership
Bought by
Tse Yan Ki and Tse Ping Fai
Seller's Agent
Monica Pham
Intero Real Estate Services
Buyer's Agent
Iok Wong
eXp Realty of California Inc.
List Price
$239,000
Sold Price
$230,000
Premium/Discount to List
-$9,000
-3.77%
Current Estimated Value
$345,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,235
Avg. Annual Appreciation
7.12%
Original Mortgage
$230,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Listed on
May 30, 2017
Closed on
Jun 21, 2017
Sold by
Patterson Sharon Kay
Bought by
The 51St One Family Limited Partnership
Seller's Agent
Linda Sue Stewart
Casillas Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$170,000
Sold Price
$160,000
Premium/Discount to List
-$10,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.50%

Purchase Details

Closed on
Dec 18, 2006
Sold by
Patterson Sharon K
Bought by
Patterson Sharon Kay

Purchase Details

Closed on
Aug 8, 2001
Sold by
Nowak Ralph and Nowak Marguerite
Bought by
Patterson Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Tse Yan Ki $230,000 Chicago Title Company
The 51St One Family Limited Partnership $160,000 Old Republic Title Company
Patterson Sharon Kay -- None Available
Patterson Sharon K $87,500 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tse Yanki $195,000
Closed Tse Yan Ki $230,000
Previous Owner Patterson Sharon K $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $230,000 -3.8% $150 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $239,000 +49.4% $156 / Sq Ft
06/26/2017 06/26/17 Sold $160,000 -5.9% $104 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $170,000 -- $111 / Sq Ft
Source: MLSListings

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 $3,114 $246,602 $64,330 $182,272
2023 $3,044 $241,768 $63,069 $178,699
2022 $2,966 $237,029 $61,833 $175,196
2021 $2,850 $232,382 $60,621 $171,761
2020 $2,155 $169,791 $37,831 $131,960
2019 $2,147 $166,463 $37,090 $129,373
2018 $1,479 $113,600 $33,755 $79,845
2017 $1,402 $111,374 $33,094 $78,280
2016 $1,427 $109,190 $32,445 $76,745
2014 $862 $60,000 $15,000 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81798812

MLSListings

APN: 153-060-15