NOT LISTED FOR SALE

2263 E Roosevelt St Stockton, CA 95205

Estimated Value: $519,000 - $652,000

8 Beds
4 Baths
4,180 Sq Ft
$137/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $369,000 $88 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,621/month

73 Days on Market

About This Home

As of August 2018

Looking for a quality opportunity to expand your investment portfolio? Fully occupied fourplex with oversized 2 bed, 1 bath units that rent for $3145 monthly. Comparables show monthly gross rents of over $4000, leaving tremendous value add opportunity. Well maintained, with 2 of the units fully updated, most of the building has been painted, new fences and many new windows. Each unit has built-in laundry, schools and shopping are nearby, and some of the tenants have lived here for 5+ years.

Last Agent to Sell the Property

George Lourenco

RE/MAX Grupe Gold License #01227932 Listed on: 05/08/2018

Last Buyer's Agent

Ranbir Atwal

Realty ONE Group America License #01427001

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,919

Year Built

  • Built in 1932

Lot Details

  • 0.26

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Additional Features

  • 0.26 Acre Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv rent only
  • Assessor Parcel Number 141-193-11

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 3,145 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,919

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1932
  • Stories: 2
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range,Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Laminate,Stone,Tile
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 387500.00
  • Roof: Flat

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Cooling: Varies by Unit
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: Muli units
  • Lot Size Acres: 0.2583
  • Lot Size Sq Ft: 11252

Rental Info

  • Tenant Pays: Cable TV,Rent Only

Multi Family

  • Gross Income: 37740
  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 3145
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 141-193-11

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2024
Sold by
Eapen Jacob S and Eapen Jacob Shirley
Bought by
Jacob Eapen And Shirley Jacob Revocable Livin and Eapen
Current Estimated Value
$574,040

Purchase Details

Listed on
May 8, 2018
Closed on
Aug 22, 2018
Sold by
Gakhar Sorabh and Gakhar Neetu
Bought by
Eapen Jacob and Eapen Jacob Shirley
Seller's Agent
George Lourenco
RE/MAX Grupe Gold
Buyer's Agent
Ranbir Atwal
Realty ONE Group America
List Price
$399,995
Sold Price
$369,000
Premium/Discount to List
-$30,995
-7.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$330,500
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 30, 2014
Closed on
Oct 10, 2014
Sold by
Solis Property Investments Inc
Bought by
Gakhar Sorabh and Gakhar Neetu
Seller's Agent
Marty Lima
Monterey Peninsula Realty
Buyer's Agent
George Lourenco
RE/MAX Grupe Gold
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.53%
Original Mortgage
$129,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2006
Sold by
Solis Rudy M and Solis Tammy S De La Houssaye
Bought by
Solis Property Investments Inc

Purchase Details

Closed on
Jan 14, 2004
Sold by
Resendiz Gerardo and Resendiz Lucy
Bought by
Solis Rudy M and Solis Tammy S De La Houssaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.09%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 15, 2000
Sold by
Shelton Terry and Shelton Joanne
Bought by
Resendiz Gerardo and Resendiz Lucy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,850
Interest Rate
9.99%

Purchase Details

Closed on
Sep 21, 1998
Sold by
Erickson Donald A
Bought by
Shelton Terry and Shelton Joann
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
Jacob Eapen And Shirley Jacob Revocable Livin -- None Listed On Document
Jacob Eapen And Shirley Jacob Revocable Livin -- None Listed On Document
Eapen Jacob $369,000 Chicago Title Company
Gakhar Sorabh -- Chicago Title Company
Solis Property Investments Inc -- None Available
Solis Rudy M $315,000 Chicago Title Company
Resendiz Gerardo $109,500 Old Republic Title Company
Shelton Terry $43,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eapen Jacob $306,800
Previous Owner Eapen Jacob $330,500
Previous Owner Gakhar Sorabh $129,500
Previous Owner Solis Rudy M $252,000
Previous Owner Resendiz Gerardo $120,000
Previous Owner Resendiz Gerardo $81,850
Closed Resendiz Gerardo $10,918
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Sold $369,000 -4.8% $88 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
06/14/2018 06/14/18 Price Changed $387,500 -3.1% $93 / Sq Ft
05/08/2018 05/08/18 For Sale $399,995 +116.2% $96 / Sq Ft
10/17/2014 10/17/14 Sold $185,000 -7.5% $44 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
07/30/2014 07/30/14 For Sale $199,900 -- $48 / 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 $5,919 $464,796 $123,581 $341,215
2023 $5,788 $455,683 $121,158 $334,525
2022 $5,660 $446,749 $118,783 $327,966
2021 $5,442 $437,990 $116,454 $321,536
2020 $5,546 $433,500 $115,260 $318,240
2019 $5,602 $425,000 $113,000 $312,000
2018 $2,699 $195,407 $63,375 $132,032
2017 $2,566 $191,577 $62,133 $129,444
2016 $2,609 $187,821 $60,915 $126,906
2014 $2,215 $160,000 $40,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    George Lourenco

    RE/MAX

    Section Image

  • R

    Buyer's Agent in 2018

    Ranbir Atwal

    Realty ONE Group America

    Section Image

  • M

    Seller's Agent in 2014

    Marty Lima

    Monterey Peninsula Realty

See All Agents

Map

Source: MetroList

MLS Number: 18029496

MetroList

APN: 141-193-11

California San Joaquin County Stockton 95205

2263 E Roosevelt St, Stockton, CA

This home is located at 2263 E Roosevelt St, Stockton, CA 95205 since 08 May 2018 and is currently estimated at $574,040, approximately $137 per square foot. This property was built in 1932. 2263 E Roosevelt St is a home located in San Joaquin County with nearby schools including John C. Fremont Elementary School, Fillmore Elementary School, and King 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.

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