NOT LISTED FOR SALE

234 E Tokay St Lodi, CA 95240

Downtown Lodi Neighborhood

Estimated Value: $337,000 - $448,000

4 Beds
2 Baths
1,590 Sq Ft
$246/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $176,000 $111 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,240/month

501 Days on Market

Highlights

  • No HOA
  • Cottage
  • 1-Story Property

About This Home

As of February 2016

Great Investment Property!! This is actually two separate single family residences on one parcel. Each home has 2 bedrooms, 1 bath and a garage. Large lot, both homes have nice sized yards and plenty of parking. Long term tenants would like to stay. Great cash flow. You could even live in one home and rent the other. All information per seller and not verified by broker. PLEASE, DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Kim Cardiel

Century 21 Select Real Estate License #01923753 Listed on: 08/06/2014

Century 21 Select Real Estate

Last Buyer's Agent

Jason Spence

Century 21 Select Real Estate License #01759959

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,285

Year Built

  • Built in 1965

Lot Details

  • 6,708

Parking

  • 1 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Cottage
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Gas Range
  • Washer and Dryer Hookup

Additional Features

  • Lot Dimensions: 134
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas sewer trash collection water
  • Assessor Parcel Number 047-161-12

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units
  • Lodi Barnhart Tract Subdivision

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,285

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1965
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Subdivision: Lodi Barnhart Tract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 192000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage,1+ Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Window Unit(s),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: Lodi Unified

Lot Info

  • Zoning Description: R
  • Lot Dimensions: 134 x 50

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Sewer,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 047-161-12

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2021
Sold by
Saleem Muhammad and Ali Qasim
Bought by
Saleem Muhammad and Ali Qasim
Current Estimated Value
$391,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,840
Outstanding Balance
$223,362
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$168,336

Purchase Details

Listed on
Aug 6, 2014
Closed on
Feb 22, 2016
Sold by
Rigopoulos Christopher
Bought by
Saleem Muhammad and Ali Qasim
Seller's Agent
Kim Cardiel
Century 21 Select Real Estate
Buyer's Agent
Jason Spence
Century 21 Select Real Estate
List Price
$319,000
Sold Price
$176,000
Premium/Discount to List
-$143,000
-44.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$132,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2010
Sold by
Rigopoulos Tammy
Bought by
Rigopoulos Christopher

Purchase Details

Closed on
Mar 18, 2010
Sold by
Rigopoulos Christopher and The Rigopoulos Family Trust
Bought by
Rigopoulos Christopher and Cimarrustti Sonia Groom

Purchase Details

Closed on
Feb 29, 2008
Sold by
Rigopoulos Thomas and Rigopoulos Family Trust
Bought by
Rigopoulos Thomas and The Rigopoulus Family Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Saleem Muhammad -- North American Title Co Inc
Saleem Muhammad $176,000 North American Title Co Inc
Rigopoulos Christopher -- Chicago Title Company
Rigopoulos Christopher $100,000 Chicago Title Company
Rigopoulos Christopher -- None Available
Rigopoulos Thomas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saleem Muhammad $245,840
Closed Saleem Muhammad $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2016 02/25/16 Sold $176,000 -44.8% $111 / Sq Ft
12/19/2015 12/19/15 Pending -- -- --
08/05/2014 08/05/14 For Sale $319,000 -- $201 / 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 $2,285 $208,339 $71,024 $137,315
2024 $2,223 $204,255 $69,632 $134,623
2023 $2,189 $200,251 $68,267 $131,984
2022 $2,141 $196,326 $66,929 $129,397
2021 $2,179 $192,477 $65,617 $126,860
2020 $2,123 $190,505 $64,945 $125,560
2019 $2,081 $186,771 $63,672 $123,099
2018 $2,052 $183,110 $62,424 $120,686
2017 $2,006 $179,520 $61,200 $118,320
2016 $1,123 $104,107 $37,257 $66,850
2015 $1,111 $102,543 $36,697 $65,846
2014 $1,094 $100,535 $35,978 $64,557
Source: Public Records

Agents Affiliated with this Home

  • Kim Cardiel

    Seller's Agent in 2016

    Kim Cardiel

    Century 21 Select Real Estate

    (209) 331-4189

    28 Total Sales

    Kim Cardiel
    Section Image
  • Jason Spence

    Buyer's Agent in 2016

    Jason Spence

    Century 21 Select Real Estate

    (209) 914-0485

    4 in this area

    113 Total Sales

    Jason Spence
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 14049867

MetroList

APN: 047-161-12

California San Joaquin County Lodi 95240 Downtown Lodi

234 E Tokay St, Lodi, CA

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.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes