NOT LISTED FOR SALE

2541 Plantation Place Stockton, CA 95209

Sherwoods Manor Neighborhood

Estimated Value: $471,000 - $518,000

6 Beds
4 Baths
2,341 Sq Ft
$213/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $230,000 $98 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,958/month

26 Days on Market

Highlights

  • A-Frame Home
  • Patio
  • 2 Car Garage
  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of May 2016

Coming Soon!!! Charming 2,341 sqft 6bed/4bath duplex in north Stockton with updated kitchens & bathrooms. The open floorplan flows with lovely laminate & tile flooring & 3-tone paint throughout. Enjoy features such as vaulted ceilings, fireplace, inside laundry, attached 2-car attached garages, private fenced areas, & patio. Close to schools, parks, shopping, and public trans. Selling at a cap rate of at least 9%. This is an outstanding cash flow opportunity well positioned for rent growth!

Last Agent to Sell the Property

Everard Visitacion

Azealty License #01474995 Listed on: 03/30/2016

Last Buyer's Agent

Shaista Aftab

KW Silicon City License #01399594

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 1980

Lot Details

  • 6,451

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • A-Frame Home
  • Composition Roof

Additional Features

  • 1-Story Property
  • Patio
  • 6,451 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Security Deposit $1,000
  • Tenant pays for electricity gas sewer trash collection water
  • Assessor Parcel Number 080-230-41

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,645

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1980
  • Architectural Style: A-Frame
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2013

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range,Microwave,Varies By Unit
  • Flooring: Laminate,Tile
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Brick,Frame,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 230000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1481
  • Lot Size Sq Ft: 6451

Rental Info

  • Tenant Pays: Electricity,Gas,Sewer,Trash Collection,Water
  • Total Deposit: 1000
  • Total # Leasable: 2

Multi Family

  • Gross Income: 24000
  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 080-230-41
  • Current RE Taxes: 1645

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
May 5, 2016
Sold by
Turn Key Asset Inc
Bought by
Qureshi Shariq A and Qureshi Nabila S
Seller's Agent
Everard Visitacion
Azealty
Buyer's Agent
Shaista Aftab
KW Silicon City
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$497,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,640
Avg. Annual Appreciation
8.97%
Original Mortgage
$172,500
Outstanding Balance
$140,102
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$372,444

Purchase Details

Closed on
Jun 21, 2013
Sold by
Maramag Russell V
Bought by
Turn Key Asset Inc

Purchase Details

Closed on
Oct 24, 2007
Sold by
Maramag Russell V
Bought by
Maramag Russell V and Russell V Maramag Jr Trust

Purchase Details

Closed on
Feb 16, 2006
Sold by
Maramag Russell V
Bought by
Maramag Russell V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2005
Sold by
Maramag Gloria V
Bought by
Maramag Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2003
Sold by
Wong Yuen Yew and Wong Suzanne Lin
Bought by
Maramag Russell V and Maramag Gloria V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.24%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 17, 1999
Sold by
Kompolt Arthur Tr and The Arthur Kompolt Living Trus
Bought by
Wong Yuen Yew and Wong Suzanne Lin

Purchase Details

Closed on
Oct 11, 1995
Sold by
Kompolt Arthur
Bought by
Kompolt Arthur
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
Qureshi Shariq A $230,000 Chicago Title Company
Turn Key Asset Inc $139,000 None Available
Maramag Russell V -- None Available
Maramag Russell V -- Fidelity National Title Co
Maramag Russell -- None Available
Maramag Russell V -- Alliance Title Co
Wong Yuen Yew -- Old Republic Title Company
Kompolt Arthur -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qureshi Shariq A $172,500
Previous Owner Turn Key Asset Inc $100,000
Previous Owner Turn Key Asset Inc $1,369,000
Previous Owner Maramag Russell V $210,000
Previous Owner Maramag Russell V $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2016 05/10/16 Sold $230,000 0.0% $98 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $230,000 -- $98 / 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 $3,025 $266,930 $87,041 $179,889
2023 $2,991 $261,697 $85,335 $176,362
2022 $2,919 $256,566 $83,662 $172,904
2021 $2,986 $251,536 $82,022 $169,514
2020 $2,915 $248,957 $81,181 $167,776
2019 $2,848 $244,077 $79,590 $164,487
2018 $2,797 $239,292 $78,030 $161,262
2017 $2,732 $234,600 $76,500 $158,100
2016 $1,644 $145,633 $52,012 $93,621
2015 $1,645 $143,446 $51,231 $92,215
2014 $1,621 $140,636 $50,227 $90,409
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Everard Visitacion

    Azealty

    Section Image

  • S

    Buyer's Agent in 2016

    Shaista Aftab

    KW Silicon City

See All Agents

Map

Source: MetroList

MLS Number: 16018564

MetroList

APN: 080-230-41

California San Joaquin County Stockton 95209 Sherwoods Manor

2541 Plantation Place, Stockton, CA

This home is located at 2541 Plantation Place, Stockton, CA 95209 since 30 March 2016 and is currently estimated at $497,640, approximately $212 per square foot. This property was built in 1980. 2541 Plantation Place is a home located in San Joaquin County with nearby schools including Creekside Elementary School, Delta Sierra Middle School, and Bear Creek High 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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