NOT LISTED FOR SALE

Estimated Value: $341,000 - $417,833

6 Beds
2 Baths
2,400 Sq Ft
$156/Sq Ft Est. Value

Last Sold November 26, 2013

Last sale price $111,000 $46 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $2,181/month

57 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • Double Pane Windows

About This Home

As of November 2013

Price reduced!!! Newly remodeled vacant duplex. You get to pick your own tenants!!! New granite countertops, new laminate floors, new paint and much more. Each unit is a 3 bed/1 bath and should rent for $800/month or more. That's less than a 6X gross revenue multiplier. This is a cash cow!!!

Last Agent to Sell the Property

Greg Murphy

Tahoe Group, Inc. License #01876649 Listed on: 09/27/2013

Last Buyer's Agent

Greg Murphy

Tahoe Group, Inc. License #01876649 Listed on: 09/27/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1920

Lot Details

  • 5,227

Home Design

  • Duplex
  • Victorian Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Laminate Flooring

Parking

  • 2 Open Parking Spaces
  • 1 Covered Space

Additional Features

  • 5,227 Sq Ft Lot
  • No Cooling

Listing and Financial Details

  • Tenant pays for electricity rent only
  • Assessor Parcel Number 147-202-12

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,700

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1920
  • Architectural Style: Victorian
  • Stories: 2
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: None
  • Flooring: Laminate
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Lap Siding,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Listing Price: 114950.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Covered Parking Spaces: 1
  • Parking Features: Carport,Open

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: None
  • Heating: Floor Furnace,Wall Furnace,Varies by Unit

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: R
  • Lot Size Acres: 0.1200
  • Lot Size Sq Ft: 5227

Rental Info

  • Tenant Pays: Electricity,Rent Only
  • Total # Leasable: 2

Multi Family

  • Gross Income: 18000
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 147-202-12

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2013
Closed on
Nov 19, 2013
Sold by
Community Partnership For Revitalization
Bought by
Gonzalez Sandy
Seller's Agent
Greg Murphy
Tahoe Group, Inc.
Buyer's Agent
Greg Murphy
Tahoe Group, Inc.
List Price
$114,950
Sold Price
$111,000
Premium/Discount to List
-$3,950
-3.44%
Current Estimated Value
$374,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,208
Avg. Annual Appreciation
11.54%
Original Mortgage
$83,250
Outstanding Balance
$63,088
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$337,286

Purchase Details

Closed on
Dec 7, 2011
Sold by
Dionisio Jonas V
Bought by
Community Partnership For Revitalization

Purchase Details

Closed on
Dec 5, 2002
Sold by
Lin Gary Yu
Bought by
Dionisio Jonas V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.03%
Source: Public Records

Range of Values:

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Average Value
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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
Gonzalez Sandy $111,000 First American Title Company
Community Partnership For Revitalization $36,899 None Available
Dionisio Jonas V -- Alliance Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Sandy $83,250
Previous Owner Dionisio Jonas V $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2013 11/26/13 Sold $111,000 -3.4% $46 / Sq Ft
11/23/2013 11/23/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $114,950 -- $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 $1,700 $133,394 $18,024 $115,370
2023 $1,662 $130,779 $17,671 $113,108
2022 $1,623 $128,216 $17,325 $110,891
2021 $1,560 $125,703 $16,986 $108,717
2020 $1,590 $124,415 $16,812 $107,603
2019 $1,584 $121,977 $16,483 $105,494
2018 $1,555 $119,586 $16,160 $103,426
2017 $1,474 $117,243 $15,844 $101,399
2016 $1,500 $114,944 $15,533 $99,411
2014 $1,425 $111,000 $15,000 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13057935

MetroList

APN: 147-202-12