NOT LISTED FOR SALE

2170 Shimizu Dr Stockton, CA 95203

Midtown Neighborhood

Estimated Value: $388,000 - $500,915

6 Beds
3 Baths
1,800 Sq Ft
$261/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $421,000 $234 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,028/month

6 Days on Market

Highlights

  • No HOA
  • Laundry Facilities
  • 1-Story Property
  • Cottage

About This Home

As of February 2021

Great investment opportunity. Side by Side triplexes in unique private location near I/5 with great rental income. Packaged sale with listing #20072928. All units have had past upgrades to kitchens and flooring. Separate laundry room for additional income with washer and dryers owned. Seller pays water (Cal Water), Sewer (City of Stockton) and garbage (Waste Management)included in Annual Expenses of $4,750, 1/2 of total expenses for both triplexes.

Last Agent to Sell the Property

Douglas Kraetsch

Douglas Kraetsch, Broker License #00846316 Listed on: 12/16/2020

Douglas Kraetsch, Broker

Last Buyer's Agent

Douglas Kraetsch

Douglas Kraetsch, Broker License #00846316 Listed on: 12/16/2020

Douglas Kraetsch, Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,867

Year Built

  • Built in 1963

Lot Details

  • 10,559 Sq Ft Lot

Home Design

  • Triplex
  • Cottage
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Laminate Flooring

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Private Water Source
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 133-250-10

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month
  • Operating Expense $4,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,867

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1963
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Number of Two Bedroom Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven,Free Standing Electric Range,Gas Water Heater
  • Flooring: Laminate

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 409900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport,Open,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Owned
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: R-e
  • Lot Size Acres: 0.2424
  • Lot Size Sq Ft: 10559

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 3

Multi Family

  • Gross Income: 34320
  • Operating Expense: 4750
  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None
  • Gross Income Multiplier: 11.940

Tax Info

  • Assessor Parcel Number: 133-250-10
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Jan 28, 2021
Sold by
Dong Jack and Ni Yajun
Bought by
Hoffmann Brett L and Hoffmann Leonora
Seller's Agent
Douglas Kraetsch
Douglas Kraetsch, Broker
Buyer's Agent
Douglas Kraetsch
Douglas Kraetsch, Broker
List Price
$409,900
Sold Price
$421,000
Premium/Discount to List
$11,100
2.71%
Current Estimated Value
$469,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,729
Avg. Annual Appreciation
3.02%
Original Mortgage
$315,750
Outstanding Balance
$285,159
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$197,495

Purchase Details

Listed on
Apr 23, 2018
Closed on
Aug 13, 2018
Sold by
Decasas Nemorio De and Decasas Irene De
Bought by
Dong Jack and Ni Yajun
Seller's Agent
Teresa Perez
Teresa Perez, Broker
Buyer's Agent
Douglas Kraetsch
Douglas Kraetsch, Broker
List Price
$360,000
Sold Price
$325,000
Premium/Discount to List
-$35,000
-9.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%
Original Mortgage
$211,250
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 28, 1995
Sold by
Lam Norman Chi and Lam Stephanie Ly
Bought by
Decasas Nemorio and Decasas Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,400
Interest Rate
7.88%
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
Hoffmann Brett L $421,000 North American Title Co Inc
Dong Jack $325,000 North American Title Company
Decasas Nemorio $95,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffmann Brett L $315,750
Previous Owner Dong Jack $211,250
Previous Owner Decasas Nemorio $77,000
Previous Owner Decasas Nemorio $76,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $421,000 +2.7% $234 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/16/2020 12/16/20 For Sale $409,900 +26.1% $228 / Sq Ft
08/16/2018 08/16/18 Sold $325,000 -7.1% $181 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
06/11/2018 06/11/18 Price Changed $350,000 -2.8% $194 / Sq Ft
04/23/2018 04/23/18 For Sale $360,000 -- $200 / 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 $5,867 $446,767 $127,344 $319,423
2023 $5,735 $438,008 $124,848 $313,160
2022 $4,573 $341,630 $100,912 $240,718
2021 $4,402 $334,933 $98,934 $235,999
2020 $4,480 $331,500 $97,920 $233,580
2019 $4,463 $325,000 $96,000 $229,000
2018 $2,132 $140,965 $44,282 $96,683
2017 $2,034 $138,202 $43,414 $94,788
2016 $2,063 $135,492 $42,563 $92,929
2014 $1,969 $90,000 $22,000 $68,000
Source: Public Records

Agents Affiliated with this Home

  • Douglas Kraetsch

    Seller's Agent in 2021

    Douglas Kraetsch

    Douglas Kraetsch, Broker

    (209) 471-3000

    2 in this area

    12 Total Sales

    Douglas Kraetsch
    Section Image

  • T

    Seller's Agent in 2018

    Teresa Perez

    Teresa Perez, Broker

    Section Image
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Map

Source: MetroList

MLS Number: 20072933

MetroList

APN: 133-250-01

California San Joaquin County Stockton 95203 Midtown

2170 Shimizu Dr, Stockton, CA

This home is located at 2170 Shimizu Dr, Stockton, CA 95203 since 16 December 2020 and is currently estimated at $469,729, approximately $260 per square foot. This property was built in 1963. 2170 Shimizu Dr is a home located in San Joaquin County with nearby schools including Victory Elementary School, El Dorado Elementary School, and Wilson Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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