NOT LISTED FOR SALE

26083 N Midsection St Thornton, CA 95686

Estimated Value: $425,000 - $491,000

5 Beds
2 Baths
1,750 Sq Ft
$267/Sq Ft Est. Value

Last Sold December 05, 2017

Last sale price $285,000 $163 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,997/month

11 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Double Pane Windows
  • 1 Car Garage

About This Home

As of December 2017

Great Low Maintenance, Investment. Simple, clean, fully rented Duplex with long term tenants on month-to-month leases. Rents are currently below market value and could be raised 10%. Property is zoned R-L (Low Density Residential). The spacious half acre property is split by fencing with the Duplex on one side, and an empty lot on the other. Buyer to verify with County if fenced off portion could be developed.

Last Agent to Sell the Property

Craig Smart

Smart Realty License #01935314 Listed on: 08/27/2017

Last Buyer's Agent

Luis Manzo

VGC Real Estate Group License #01146399

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,498

Year Built

  • Built in 1969

Lot Details

  • 0.5

Parking

  • 1 Car Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • 0.5 Acre Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity gas grounds care trash collection
  • Assessor Parcel Number 001-150-19

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

$4,498

Year Built

Built in 1969

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1969
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Transfer Disclosure Statement
  • Listing Price: 315000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Laundry Features: Washer/Dryer

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: Galt Joint UHS

Lot Info

  • Zoning Description: R-L
  • Lot Size Acres: 0.5023
  • Lot Size Sq Ft: 21880

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Grounds Care,Trash Collection
  • Total # Leasable: 2

Multi Family

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

Tax Info

  • Assessor Parcel Number: 001-150-19

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2017
Closed on
Nov 30, 2017
Sold by
Stump John T and Stump Kerri
Bought by
Ramos Contreras Rafael
Seller's Agent
Craig Smart
Smart Realty
Buyer's Agent
Luis Manzo
VGC Real Estate Group
List Price
$315,000
Sold Price
$285,000
Premium/Discount to List
-$30,000
-9.52%
Total Days on Market
11
Current Estimated Value
$467,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,126
Avg. Annual Appreciation
6.81%
Original Mortgage
$274,928
Interest Rate
3.88%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2011
Sold by
Stump John T and Stump Kerri
Bought by
Stump John T and Stump Kerri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,700
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2009
Sold by
Federal National Mortgage Association
Bought by
Stump John T and Stump Kerri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2009
Sold by
Rodriguez Juan and Rodriguez Gloria
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2007
Sold by
Rodriguez Juan
Bought by
Rodriguez Juan and Rodriguez Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
8.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 23, 2006
Sold by
Rodriguez Gloria
Bought by
Rodriguez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,350
Interest Rate
6.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 9, 2006
Sold by
Wells Fargo Bank Na
Bought by
Rodriguez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,350
Interest Rate
6.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 13, 2005
Sold by
Tudor Virginia
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 8, 2004
Sold by
Deestrada Flora Medrano
Bought by
Tudor Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2003
Sold by
Palacio Antonio and Palacio Carmen
Bought by
Palacio George F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 2003
Sold by
Espinoza Jose
Bought by
Espinoza Olga Estrada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 13, 2003
Sold by
Espinoza Jose S and Espinoza Olga Estrada
Bought by
Espinoza Jose and Espinoza Olga Estrada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 19, 2003
Sold by
Alvarado James
Bought by
Espinoza Jose and Estrado Olga

Purchase Details

Closed on
Aug 29, 2000
Sold by
Espinoza Olga Estrada
Bought by
Espinoza Jose S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,076
Interest Rate
8.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2000
Sold by
Imperial Credit Industrial Corp Inc
Bought by
Espinoza Jose S and Alvarado James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,076
Interest Rate
8.13%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 1999
Sold by
Flud Katherine
Bought by
Imperial Credit Industrial Corp Inc

Purchase Details

Closed on
Nov 13, 1997
Sold by
Garcia Gilbert and Garcia Kathy
Bought by
Palacio Antonio and Palacio Carmen

Purchase Details

Closed on
Aug 20, 1997
Sold by
Katherine Flud
Bought by
Flud Katherine and Killian Ted

Purchase Details

Closed on
Apr 12, 1995
Sold by
Deason Ronald and Deason Virginia
Bought by
Flud Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
10.5%
Mortgage Type
Purchase Money Mortgage
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
Ramos Contreras Rafael $280,000 Placer Title Company
Stump John T -- Fidelity National Title Comp
Stump John T $85,000 Fidelity Natl Title Co Of Ca
Federal National Mortgage Association $320,604 None Available
Rodriguez Juan -- Alliance Title Company
Rodriguez Juan -- First American Title Ins Co
Rodriguez Juan $263,500 First American Title Ins Co
Wells Fargo Bank Na $277,461 First Amer Title Co
Tudor Virginia $285,000 Chicago Title Co
Deestrada Flora Medrano -- Chicago Title Co
Palacio George F -- --
Espinoza Olga Estrada -- First American Title
Espinoza Jose -- Chicago Title Co
Espinoza Jose -- --
Espinoza Jose S -- First American Title Co
Espinoza Jose S $113,000 First American Title Co
Imperial Credit Industrial Corp Inc $80,000 Fidelity National Title
Palacio Antonio -- --
Flud Katherine -- --
Flud Katherine -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Contreras Rafael $269,000
Closed Ramos Contreras Rafael $274,928
Previous Owner Stump John T $91,700
Previous Owner Stump John T $562,500
Previous Owner Stump John T $63,750
Previous Owner Rodriguez Juan $296,000
Previous Owner Rodriguez Juan $26,350
Previous Owner Rodriguez Juan $210,800
Previous Owner Tudor Virginia $256,500
Previous Owner Espinoza Jose S $35,000
Previous Owner Espinoza Jose $155,000
Previous Owner Espinoza Jose S $112,076
Previous Owner Flud Katherine $86,250
Closed Flud Katherine $17,250
Closed Espinoza Jose $4,785
Closed Tudor Virginia $14,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2017 12/05/17 Sold $285,000 -9.5% $163 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
08/27/2017 08/27/17 For Sale $315,000 -- $180 / 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 $4,498 $312,340 $89,239 $223,101
2023 $4,446 $306,217 $87,490 $218,727
2022 $5,034 $300,214 $85,775 $214,439
2021 $4,909 $294,329 $84,094 $210,235
2020 $4,604 $291,312 $83,232 $208,080
2019 $3,874 $285,600 $81,600 $204,000
2018 $3,794 $280,000 $80,000 $200,000
2017 $1,724 $94,311 $44,382 $49,929
2016 $1,688 $92,463 $43,512 $48,951
2014 $1,620 $89,291 $42,019 $47,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17055391

MetroList

APN: 001-150-19