NOT LISTED FOR SALE

2540 E Harding Way Stockton, CA 95205

Estimated Value: $271,810 - $374,000

4 Beds
4 Baths
400 Sq Ft
$827/Sq Ft Est. Value

Last Sold February 06, 2020

Last sale price $185,000 $462 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,039/month

3 Days on Market

About This Home

As of February 2020

GREAT CASH FLOW 4 PLEX - FULLY OCCUPIED RENTAL - PROPERTY IN NEED OF REPAIRS BUT WILL BE SOLD AS IS. RENTAL RATES BELOW MARKET, LOTS OF UPSIDE.

Last Agent to Sell the Property

Randy Thomas

Cornerstone Real Estate Group License #01037761 Listed on: 01/07/2020

Last Buyer's Agent

Randy Thomas

Cornerstone Real Estate Group License #01037761 Listed on: 01/07/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,199

Year Built

  • Built in 1949

Lot Details

  • 6,199

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Fixer Upper
  • Raised Foundation
  • Composition Roof

Utilities

  • No Cooling
  • 220 Volts
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 6,199 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity trash collection
  • Assessor Parcel Number 143-070-02

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Units Leased Month-To-Month
  • Insurance Expense $900
  • Operating Expense $1,700
  • Net Operating Income $20,301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,199

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1949
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Raised
  • Listing Price: 174950.00
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: None
  • Electric: 220 Volts
  • Heating: Natural Gas,Wall Furnace
  • Water Source: Meter on Site
  • Utilities Expenses: 800

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1423
  • Lot Size Sq Ft: 6199

Rental Info

  • Tenant Pays: Cable TV,Electricity,Trash Collection

Multi Family

  • Gross Income: 25200
  • Operating Expense: 1700
  • Income Includes: Rent Only
  • Insurance Expense: 900
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 143-070-02
  • Current RE Taxes: 3199
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
Guzman Joel Oropeza and Guzman Joel O
Bought by
Guzman Joel Oropeza and Guzman Lillian Bonnie
Current Estimated Value
$322,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$183,813
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$152,532

Purchase Details

Listed on
Jan 7, 2020
Closed on
Jan 29, 2020
Sold by
Guzman Lillian B
Bought by
Guzman Joel O
Seller's Agent
Randy Thomas
Cornerstone Real Estate Group
Buyer's Agent
Randy Thomas
Cornerstone Real Estate Group
List Price
$174,950
Sold Price
$185,000
Premium/Discount to List
$10,050
5.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$129,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2010
Sold by
Hellwig Hellwig A and Hellwig Marjorie A
Bought by
Woods Property Investment Llc

Purchase Details

Closed on
Oct 14, 2010
Sold by
Romena Susan T
Bought by
Hellwig Hellwig A and Hellwig Marjorie A

Purchase Details

Closed on
Apr 19, 2006
Sold by
Beadle Art J and Beadle Zoe Z
Bought by
Romena Susan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,950
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2001
Sold by
Cody Edward P
Bought by
Beadle Art J and Beadle Zoe Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,750
Interest Rate
7.08%
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
Guzman Joel Oropeza -- North American Title Co Inc
Guzman Joel O -- Chicago Title Company
Guzman Joel O $185,000 Chicago Title Company
Woods Property Investment Llc $83,500 None Available
Hellwig Hellwig A $81,000 None Available
Romena Susan T $280,000 Financial Title Company
Beadle Art J $93,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman Joel Oropeza $200,000
Closed Guzman Joel O $129,500
Previous Owner Romena Susan T $208,000
Previous Owner Romena Susan T $195,950
Previous Owner Beadle Art J $69,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2020 02/06/20 Sold $185,000 +5.7% $463 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $174,950 -- $437 / 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 $3,068 $198,354 $53,609 $144,745
2023 $2,553 $194,465 $52,558 $141,907
2022 $2,494 $190,653 $51,528 $139,125
2021 $2,400 $186,916 $50,518 $136,398
2020 $3,235 $76,143 $23,428 $52,715
2019 $3,199 $74,651 $22,969 $51,682
2018 $3,237 $73,188 $22,519 $50,669
2017 $2,137 $71,754 $22,078 $49,676
2016 $2,202 $70,347 $21,645 $48,702
2014 $2,048 $67,932 $20,902 $47,030
Source: Public Records

Agents Affiliated with this Home

  • Randy Thomas

    Seller's Agent in 2020

    Randy Thomas

    Cornerstone Real Estate Group

    (209) 810-8830

    2 in this area

    202 Total Sales

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Map

Source: MetroList

MLS Number: 20001149

MetroList

APN: 143-070-02

California San Joaquin County Stockton 95205

2540 E Harding Way, Stockton, CA

This home is located at 2540 E Harding Way, Stockton, CA 95205 since 07 January 2020 and is currently estimated at $330,703, approximately $826 per square foot. This property was built in 1949. 2540 E Harding Way is a home located in San Joaquin County with nearby schools including Fillmore Elementary School, John C. Fremont 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.

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.

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