NOT LISTED FOR SALE

225 Florence St Stockton, CA 95205

Downtown Stockton Neighborhood

Estimated Value: $290,000 - $429,000

-- Bed
2 Baths
1,536 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $235,000 $153 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,208/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 217 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

  • $4,102

Year Built

  • 1961

Lot Details

  • 5,750 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

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

Parking

  • 2 Carport Spaces
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $21,120

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 $21,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,102

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

  • Cooling System: Window / Wall Unit
  • 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: 11.32
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 951
  • Expense Landscape: 80
  • Expense Maintenance: 700
  • Expenses Other: 228
  • Expenses Total: 6511
  • Expenses Utility: 660
  • Expense Trash: 1745
  • Income Annual Gross: 21120.00
  • Income Annual Rental: 21120
  • Income Gross Scheduled: 21120
  • Meters: Master Water, Separate Electric, Separate Gas
  • 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

Closed on
Dec 27, 2023
Sold by
Wong Iok Ieng
Bought by
Tse Ping Fai
Current Estimated Value
$350,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$325,018
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$25,219

Purchase Details

Closed on
Dec 26, 2023
Sold by
Wong San Hok and Lai Ha
Bought by
Tse Ping Fai and Tse Fu Shing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$325,018
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$25,219

Purchase Details

Listed on
Jun 29, 2020
Closed on
Jul 20, 2020
Sold by
The 51 St One Family Limited Partnership
Bought by
Wong San Hok and Lau Lai Ha
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
$235,000
Premium/Discount to List
-$4,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%

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
13.29%

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
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
Tse Ping Fai -- Chicago Title
Tse Ping Fai $330,000 Chicago Title
Wong San Hok $235,000 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 Ping Fai $330,000
Previous Owner Patterson Sharon K $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $235,000 -1.7% $153 / 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 $4,102 $330,000 $85,000 $245,000
2023 $3,049 $244,494 $62,424 $182,070
2022 $2,998 $239,700 $61,200 $178,500
2021 $2,881 $235,000 $60,000 $175,000
2020 $2,155 $169,792 $53,060 $116,732
2019 $2,147 $166,464 $52,020 $114,444
2018 $2,107 $163,200 $51,000 $112,200
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

  • M

    Seller's Agent in 2020

    Monica Pham

    Intero Real Estate Services

    Section Image

  • I

    Buyer's Agent in 2020

    Iok Wong

    eXp Realty of California Inc.

  • Linda Sue Stewart

    Seller's Agent in 2017

    Linda Sue Stewart

    Casillas Real Estate

    (209) 351-0515

    46 Total Sales

    Linda Sue Stewart
    Section Image

  • N

    Buyer's Agent in 2017

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81798817

MLSListings

APN: 153-060-14

California San Joaquin County Stockton 95205 Downtown Stockton

225 Florence St, Stockton, CA

This home is located at 225 Florence St, Stockton, CA 95205 since 29 June 2020 and is currently estimated at $350,237, approximately $228 per square foot. This property was built in 1961. 225 Florence St is a home located in San Joaquin County with nearby schools including John C. Fremont Elementary School, King Elementary School, and Fillmore Elementary School.

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