NOT LISTED FOR SALE

2426 Burlington Place Stockton, CA 95209

Sherwoods Manor Neighborhood

Estimated Value: $457,000 - $529,000

5 Beds
4 Baths
-- Sq Ft
9,727 Sq Ft Lot

Last Sold March 25, 2016

Last sale price $220,000

Est. 129% increase in value since last sale

Current estimated payment $2,863/month

9 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Central Heating
  • Property is near public transit
  • Double Pane Windows
  • 2 Car Garage

About This Home

As of March 2016

Attractive Corner lot Duplex on large lot (9729sq ft), with established tenants and offered at a reasonable price. One of the units recently refurbished with new laminate flooring, and carpet. AS IS pricing, both units in decent condition. Excellent investment property with positive cash flow for the right investor.

Last Agent to Sell the Property

Frew Tibebu

Coldwell Banker Valley Central License #01411555 Listed on: 02/11/2016

Coldwell Banker Valley Central

Last Buyer's Agent

David Teston

Stockton Listings License #01757029

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,626

Year Built

  • Built in 1980

Lot Details

  • 9,727 Sq Ft Lot
  • Lot Dimensions: 9729

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • Property is near public transit
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity gas trash collection water
  • Assessor Parcel Number 080-230-18

Community Details

Overview

  • No Home Owners Association
  • Colonial Estates North Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 1 Unit Leased Month-To-Month
  • Insurance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,626

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1980
  • Architectural Style: Contemporary
  • Stories: 1
  • Subdivision: Colonial Estates North
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Range,Free Standing Refrigerator
  • Flooring: Carpet,Laminate,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Lap Siding,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 229000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available,Internet Available
  • Cooling: Ceiling Fan(s),Central,Window Unit(s)
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned

Condo/Co-op/Association

  • Association Features: Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.2233
  • Lot Dimensions: 9729 sq ft
  • Lot Size Sq Ft: 9727

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 1000
  • Number of Leased Units: 2
  • Number of Month to Month Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 080-230-18
  • Current RE Taxes: 2626

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2017
Sold by
Beck Beck L and Beck Marilyn J
Bought by
Beck David W and Beck 2009 Irrevocable David W
Current Estimated Value
$503,772

Purchase Details

Listed on
Feb 11, 2016
Closed on
Mar 10, 2016
Sold by
Hassen Hawa S
Bought by
Ko Eugene L and Qiu Chuntao
Seller's Agent
Frew Tibebu
Coldwell Banker Valley Central
Buyer's Agent
David Teston
Stockton Listings
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$148,400
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2013
Sold by
Yeshiwas Yehenew B
Bought by
Hassen Hawa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2005
Sold by
Cheas Tom
Bought by
Yeshiwas Yehenew B and Hassen Hawa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,550
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 4, 2002
Sold by
Roth Christyne M
Bought by
Cheas Tom

Purchase Details

Closed on
Jun 21, 1999
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Roth Christyne M and Min Vanary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,100
Interest Rate
8.8%

Purchase Details

Closed on
Dec 1, 1998
Sold by
Countrywide Home Loans Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 20, 1998
Sold by
Joanne Lewis and Joanne Thomas M
Bought by
Countrywide Home Loans Inc and Countrywide Funding Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Beck David W -- None Available
Ko Eugene L $220,000 Old Republic Title Company
Hassen Hawa S -- None Available
Yeshiwas Yehenew B $450,000 Old Republic Title Co
Cheas Tom -- --
Roth Christyne M $83,000 First American Title Co
Federal Home Loan Mortgage Corporation -- Fidelity National Title Ins
Countrywide Home Loans Inc -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ko Eugene L $148,400
Previous Owner Hassen Hawa S $234,000
Previous Owner Yeshiwas Yehenew B $345,550
Previous Owner Roth Christyne M $58,100
Closed Roth Christyne M $16,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2016 03/25/16 Sold $220,000 -3.9% --
02/18/2016 02/18/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $229,000 -- --
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 $2,961 $260,428 $88,781 $171,647
2024 $2,906 $255,323 $87,041 $168,282
2023 $2,873 $250,318 $85,335 $164,983
2022 $2,799 $245,411 $83,662 $161,749
2021 $2,863 $240,600 $82,022 $158,578
2020 $2,795 $238,133 $81,181 $156,952
2019 $2,731 $233,465 $79,590 $153,875
2018 $2,682 $228,888 $78,030 $150,858
2017 $2,619 $224,400 $76,500 $147,900
2016 $2,468 $220,000 $75,000 $145,000
2015 $2,626 $200,000 $80,000 $120,000
2014 $1,731 $150,000 $37,000 $113,000
Source: Public Records

Agents Affiliated with this Home

  • Frew Tibebu

    Seller's Agent in 2016

    Frew Tibebu

    Coldwell Banker Valley Central

    (209) 629-3765

    16 Total Sales

    Frew Tibebu
    Section Image

  • D

    Buyer's Agent in 2016

    David Teston

    Stockton Listings

See All Agents

Map

Source: MetroList

MLS Number: 16007087

MetroList

APN: 080-230-18

California San Joaquin County Stockton 95209 Sherwoods Manor

2426 Burlington Place, Stockton, CA

Not Listed for Sale

MultiFamily

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