NOT LISTED FOR SALE

223 E Arcade St Stockton, CA 95204

Midtown Neighborhood

Estimated Value: $302,000 - $361,000

2 Beds
2 Baths
900 Sq Ft
$369/Sq Ft Est. Value

Last Sold January 09, 2018

Last sale price $155,000 $172 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,921/month

52 Days on Market

Highlights

  • No HOA
  • Washer and Dryer
  • 1-Story Property
  • Cottage

About This Home

As of January 2018

Below market rents...with great upside income! Close to hospital and other services. Nice 1 bedroom rental units. Owner want all offers submitted...

Last Agent to Sell the Property

Randy Thomas

Cornerstone Real Estate Group License #01037761 Listed on: 10/11/2017

Last Buyer's Agent

Julio Medina

Berkshire Hathaway HomeServices-Drysdale Properties License #02012952

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 2,500

Parking

  • Open Parking

Home Design

  • Duplex
  • Cottage
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Washer and Dryer

Additional Features

  • 2,500 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 125-190-12

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Oral Lease Type

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1928
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Electric Range
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: None
  • Listing Price: 166500.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Window Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: R-1
  • Lot Size Acres: 0.0574
  • Lot Size Sq Ft: 2500

Rental Info

  • Tenant Pays: Cable TV,Electricity

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 125-190-12

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2017
Closed on
Jan 4, 2018
Sold by
Wood Property Investments Llc
Bought by
Medina Gustavo J
Seller's Agent
Randy Thomas
Cornerstone Real Estate Group
Buyer's Agent
Julio Medina
Berkshire Hathaway HomeServices-Drysdale Properties
List Price
$185,500
Sold Price
$155,000
Premium/Discount to List
-$30,500
-16.44%
Current Estimated Value
$331,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,730
Avg. Annual Appreciation
10.02%
Original Mortgage
$152,192
Outstanding Balance
$130,991
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$200,739

Purchase Details

Closed on
Apr 11, 2012
Sold by
Tomasi James L and Tomasi Terry L
Bought by
Woods Property Investments Llc

Purchase Details

Closed on
Jul 13, 2007
Sold by
Stephens Thomas and William K Lord Revocable Trust
Bought by
Tomasi James L and Tomasi Terry L

Purchase Details

Closed on
May 1, 2007
Sold by
Lord William K
Bought by
Lord William K and William K Lord Revocable Trust

Purchase Details

Closed on
May 6, 2002
Sold by
Heyman Richard W and Heyman Julia R
Bought by
Lord William K

Purchase Details

Closed on
Apr 6, 2000
Sold by
Hatch Donald F
Bought by
Lord William K and Heyman Richard W
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
Medina Gustavo J $155,000 Chicago Title Company Stockt
Woods Property Investments Llc -- Chicago Title Company
Tomasi James L -- None Available
Lord William K -- None Available
Lord William K -- --
Lord William K $10,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Gustavo J $152,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2018 01/09/18 Sold $155,000 -16.4% $172 / Sq Ft
12/02/2017 12/02/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $185,500 -- $206 / 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 $2,196 $176,359 $28,443 $147,916
2024 $2,162 $172,902 $27,886 $145,016
2023 $2,113 $169,513 $27,340 $142,173
2022 $2,087 $166,190 $26,804 $139,386
2021 $2,005 $162,932 $26,279 $136,653
2020 $2,044 $161,262 $26,010 $135,252
2019 $2,036 $158,100 $25,500 $132,600
2018 $665 $49,675 $12,143 $37,532
2017 $631 $48,702 $11,905 $36,797
2016 $641 $47,746 $11,671 $36,075
2014 $608 $46,108 $11,271 $34,837
Source: Public Records

Agents Affiliated with this Home

  • Randy Thomas

    Seller's Agent in 2018

    Randy Thomas

    Cornerstone Real Estate Group

    (209) 810-8830

    21 in this area

    191 Total Sales

    Randy Thomas
    Section Image

  • J

    Buyer's Agent in 2018

    Julio Medina

    BHHS Drysdale

See All Agents

Map

Source: MetroList

MLS Number: 17065997

MetroList

APN: 125-190-12

California San Joaquin County Stockton 95204 Midtown

223 E Arcade St, Stockton, CA

Not Listed for Sale

MultiFamily

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