NOT LISTED FOR SALE

224 N Central Ave Lodi, CA 95240

Downtown Lodi Neighborhood

Estimated Value: $371,000 - $463,000

4 Beds
2 Baths
1,750 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $405,000 $231 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,646/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • Tile Flooring
  • 2 Car Garage
  • No HOA
  • Ceiling Fan
  • 4-minute walk to Hale Park

About This Home

As of August 2021

OPPORTUNITY KNOCKS! Great return on investment for this well-priced duplex. Charming two-bedroom one-bath units with one-car garages. All info per seller and others and not verified by broker. Great price for a well-located Lodi duplex! Tenants pay utilities.

Last Agent to Sell the Property

Larry Underhill

Keller Williams Realty License #00858988 Listed on: 06/15/2021

Keller Williams Realty

Co-Listed By

Angel McGregor

Statesman Realty License #01266136

Last Buyer's Agent

Susan Partisala

Alliance Realty License #01459503

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,950 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Concrete Foundation
  • Frame Construction
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Gas Range
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 043-201-02

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

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 1
  • Architectural Style: Contemporary
  • Levels: One
  • Stories: 1
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Gas Water Heater, Disposal
  • Flooring: Carpet, Tile, Vinyl

Exterior Features

  • Construction Materials: Stucco, Frame, Wood
  • Foundation: Concrete
  • Listing Price: 399950.00
  • Lot Features: Curbs/Gutters, Sidewalk

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage
  • Total Parking Spaces: 2

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, City
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: res
  • Irrigation: None
  • Lot Size Acres: 0.1366
  • Lot Size Sq Ft: 5950

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Two Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 043-201-02
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Aug 19, 2021
Sold by
Robert Baumbach Dale
Bought by
Baumbach Family Revocable Trust
Seller's Agent
Larry Underhill
Keller Williams Realty
Buyer's Agent
Susan Partisala
Alliance Realty
List Price
$399,950
Sold Price
$405,000
Premium/Discount to List
$5,050
1.26%
Current Estimated Value
$431,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,843
Avg. Annual Appreciation
1.48%
Original Mortgage
$202,500
Outstanding Balance
$184,135
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$247,708

Purchase Details

Listed on
Jun 15, 2021
Closed on
Aug 13, 2021
Sold by
Tao Qiu Chun
Bought by
Ko Eugene Lak
Seller's Agent
Larry Underhill
Keller Williams Realty
Buyer's Agent
Susan Partisala
Alliance Realty
List Price
$399,950
Sold Price
$405,000
Premium/Discount to List
$5,050
1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Outstanding Balance
$184,135
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$247,708

Purchase Details

Listed on
Jun 15, 2021
Closed on
Aug 12, 2021
Sold by
Baumbach Peggy E and The Baumbach Family Revocable
Bought by
Ko Eugene Lak
Seller's Agent
Larry Underhill
Keller Williams Realty
Buyer's Agent
Susan Partisala
Alliance Realty
List Price
$399,950
Sold Price
$405,000
Premium/Discount to List
$5,050
1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Outstanding Balance
$184,135
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$247,708

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jul 26, 2021
Sold by
Robert Baumbach Dale
Bought by
Baumbach Family Revocable Trust
Seller's Agent
Larry Underhill
Keller Williams Realty
Buyer's Agent
Susan Partisala
Alliance Realty
List Price
$399,950
Sold Price
$405,000
Premium/Discount to List
$5,050
1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Outstanding Balance
$184,135
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$247,708

Purchase Details

Closed on
Jun 13, 2001
Sold by
Baumbach Dale R and Baumbach Peggy E
Bought by
Baumbach Dale R and Baumbach Peggy E
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
Baumbach Family Revocable Trust -- --
Ko Eugene Lak -- Chicago Title Company
Ko Eugene Lak $405,000 Chicago Title Company
Baumbach Family Revocable Trust -- --
Baumbach Dale R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ko Eugene Lak $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $405,000 +1.3% $231 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $399,950 -- $229 / 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 $4,676 $429,788 $106,120 $323,668
2024 $4,548 $421,362 $104,040 $317,322
2023 $4,489 $413,100 $102,000 $311,100
2022 $4,389 $405,000 $100,000 $305,000
2021 $1,342 $117,711 $45,980 $71,731
2020 $1,308 $116,505 $45,509 $70,996
2019 $1,282 $114,221 $44,617 $69,604
2018 $1,264 $111,983 $43,743 $68,240
2017 $1,236 $109,788 $42,886 $66,902
2016 $1,160 $107,635 $42,045 $65,590
2014 $1,130 $103,943 $40,603 $63,340
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Larry Underhill

    Keller Williams Realty

    Section Image
  • Angel McGregor

    Seller Co-Listing Agent in 2021

    Angel McGregor

    Statesman Realty

    (209) 600-1214

    13 in this area

    125 Total Sales

    Angel McGregor
    Section Image
  • Susan Partisala

    Buyer's Agent in 2021

    Susan Partisala

    Alliance Realty

    (209) 598-6214

    1 in this area

    15 Total Sales

    Susan Partisala
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 221066490

MetroList

APN: 043-201-02

California San Joaquin County Lodi 95240 Downtown Lodi

224 N Central Ave, Lodi, CA

Not Listed for Sale

MultiFamily

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