NOT LISTED FOR SALE

Estimated Value: $455,670 - $519,000

4 Beds
4 Baths
1,900 Sq Ft
$251/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $299,000 $157 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,866/month

46 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Patio
  • 2 Car Garage

About This Home

As of June 2018

Great Opportunity for cash flow/ investment. Clean, large duplex, centrally located near shopping and freeway. Both units are currently rented with long term tenants. Each unit is 2-bed,2-bath , 950 sqft each, open LR/DR area with fireplace , private patio, central Heat / AC,2 car attached garage and a large back yard.Potential for higher rents.

Last Agent to Sell the Property

Efren Rivera

PMZ Real Estate License #01725501 Listed on: 03/10/2018

PMZ Real Estate

Co-Listed By

Darrell Isaacs

Genesis Real Estate Group License #00556614

Last Buyer's Agent

Julie Maramag

Intero Real Estate Services License #02045412

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,098

Year Built

  • Built in 1981

Lot Details

  • 7,845

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Tile Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Gas Range

Additional Features

  • Patio
  • 7,845 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 094-070-16

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,098

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1981
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Laminate,Tile,Wood

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 299000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: R-2
  • Lot Size Acres: 0.1801
  • Lot Size Sq Ft: 7845

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 2

Multi Family

  • Gross Income: 22800
  • Income Includes: Rent Only
  • Existing Lease Type: Other
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 094-070-16

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2018
Closed on
Jun 4, 2018
Sold by
Mallarnpati Sudhakar
Bought by
Ancheta Sheila
Seller's Agent
Efren Rivera
PMZ Real Estate
Buyer's Agent
Julie Maramag
Intero Real Estate Services
List Price
$299,000
Sold Price
$299,000
Current Estimated Value
$477,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,418
Avg. Annual Appreciation
6.56%
Original Mortgage
$293,584
Outstanding Balance
$253,327
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$224,091

Purchase Details

Listed on
Mar 4, 2013
Closed on
Apr 18, 2013
Sold by
Mallampati Ammaji
Bought by
Mallampati Sudhakar
Seller's Agent
Kit Larson
Kit Larson Real Estate, Inc.
List Price
$136,900
Sold Price
$147,499
Premium/Discount to List
$10,599
7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.74%
Original Mortgage
$90,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2013
Closed on
Apr 4, 2013
Sold by
Federal National Mortgage Association
Bought by
Mallampati Sudhakar
Seller's Agent
Kit Larson
Kit Larson Real Estate, Inc.
List Price
$136,900
Sold Price
$147,499
Premium/Discount to List
$10,599
7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2012
Sold by
Ramirez Gustavo L and Ramirez Maria I
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 11, 2003
Sold by
Barajas Veronia A
Bought by
Ramirez Gustavo L and Ramirez Maria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2003
Sold by
Barajas Armando
Bought by
Barajas Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Interest Rate
10.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2001
Sold by
Gomez Manuel C and Gomez Maria A
Bought by
Barajas Armando and Barajas Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.09%
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
Ancheta Sheila $299,000 Old Republic Title Company
Mallampati Sudhakar -- North American Title Co Inc
Mallampati Sudhakar $147,500 North American Title Company
Federal National Mortgage Association $114,200 None Available
Ramirez Gustavo L $215,000 Fidelity Natl Title Ins Co
Barajas Veronica -- Old Republic Title Co
Barajas Armando $140,000 Central Valley Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ancheta Sheila $293,584
Previous Owner Mallampati Sudhakar $90,000
Previous Owner Ramirez Gustavo L $169,600
Previous Owner Barajas Veronica $148,400
Previous Owner Barajas Armando $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2018 06/15/18 Sold $299,000 0.0% $157 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
03/10/2018 03/10/18 For Sale $299,000 +102.7% $157 / Sq Ft
04/25/2013 04/25/13 Sold $147,499 +7.7% $78 / Sq Ft View Prior Sale
03/27/2013 03/27/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $136,900 -- $72 / 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 $4,098 $340,202 $90,240 $249,962
2024 $4,032 $333,532 $88,471 $245,061
2023 $3,941 $326,993 $86,737 $240,256
2022 $3,913 $320,583 $85,037 $235,546
2021 $3,758 $314,298 $83,370 $230,928
2020 $3,831 $311,077 $82,516 $228,561
2019 $3,814 $304,979 $80,899 $224,080
2018 $2,065 $159,630 $43,289 $116,341
2017 $1,957 $156,501 $42,441 $114,060
2016 $1,992 $153,433 $41,609 $111,824
2014 $1,893 $148,169 $40,182 $107,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18014493

MetroList

APN: 094-070-16