NOT LISTED FOR SALE

2612 Cherokee Rd Stockton, CA 95205

Estimated Value: $420,000 - $630,000

8 Beds
4 Baths
2,925 Sq Ft
$184/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $677,000 $231 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $3,078/month

8 Days on Market

Highlights

  • 0.48 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of January 2021

Welcome to 2612 Cherokee Rd. Stockton! This property has 14 units on over 1 acre of land. No vacant units; rent bringing over $12,000 gross income. Each unit varies in bedroom/bath count. Close in proximity to freeway access for commuters!

Last Agent to Sell the Property

Daniel Maciel

Atlantic Realty License #01323683 Listed on: 12/21/2020

Last Buyer's Agent

Daniel Maciel

Atlantic Realty License #01323683 Listed on: 12/21/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,582

Year Built

  • Built in 1920

Lot Details

  • 0.48 Acre Lot

Parking

  • Open Parking

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Gas Range

Listing and Financial Details

  • Assessor Parcel Number 119-262-10

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 14 Units

Building Details

  • 8 Leased Units
  • 8 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,582

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1920
  • Stories: 1
  • Number of One Bedroom Units: 8
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet,See Remarks

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Raised
  • Listing Price: 850000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s),Varies by Unit
  • Heating: Varies by Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: SFR
  • Lot Size Acres: 0.4775
  • Lot Size Sq Ft: 20800

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 14

Multi Family

  • Gross Income: 150600
  • Income Includes: See Remarks
  • Number of Leased Units: 8
  • Number of Month to Month Units: 8
  • Number of Units: 14
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 119-262-10
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Padilla Carlos and Padilla Leticia
Bought by
Carlos Padilla And Leticia Padilla Revocable and Padilla
Current Estimated Value
$537,333

Purchase Details

Listed on
Dec 21, 2020
Closed on
Jan 13, 2021
Sold by
Avila Miguel A and Estate Of Miguel Avila Sr
Bought by
Padilla Carlos and Padilla Leticia
Seller's Agent
Daniel Maciel
Atlantic Realty
Buyer's Agent
Daniel Maciel
Atlantic Realty
List Price
$850,000
Sold Price
$677,000
Premium/Discount to List
-$173,000
-20.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.85%

Purchase Details

Closed on
Jul 29, 2019
Sold by
Wojick Jefferey Jose
Bought by
Wojick Jeffrey Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,500,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2019
Sold by
Contreras Francisco
Bought by
Avila Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,500,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 2014
Sold by
Ai Sumeri Fahmi and Dea Frances
Bought by
Contreras Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 25, 2013
Closed on
Dec 20, 2013
Sold by
Thomas Jennifer and Sanders Joseph James
Bought by
Al Sumeri Fahmi and Dea Frances
Seller's Agent
Dave Thurman
Dave Thurman Real Estate
Buyer's Agent
Ricardo Gil
Gil's Real Estate
List Price
$325,000
Sold Price
$245,000
Premium/Discount to List
-$80,000
-24.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%

Purchase Details

Closed on
Jun 25, 2013
Sold by
Wojick Jefferey Jose and Estate Of Joseph G Sanders
Bought by
Thomas Jennifer and Sanders Joseph James

Purchase Details

Closed on
Feb 29, 2000
Sold by
Moberg Donald G and Moberg Irene D
Bought by
Sanders Joe Gene and Wojcik Jefferey Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.27%
Mortgage Type
Seller Take Back
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
Carlos Padilla And Leticia Padilla Revocable -- None Listed On Document
Padilla Carlos $677,000 North American Title Co Inc
Wojick Jeffrey Jose -- Chicago Title Co Stockton
Avila Miguel $430,000 Chicago Title Co Stockton
Contreras Francisco $342,500 First American Title Company
Dea Frances -- First American Title Company
Al Sumeri Fahmi -- First American Title Company
Al Sumeri Fahmi $245,000 Placer Title Company
Thomas Jennifer -- None Available
Sanders Joe Gene $250,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avila Miguel $200,000
Previous Owner Avila Miguel $326,500,000
Previous Owner Contreras Francisco $50,000
Previous Owner Sanders Joe Gene $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $677,000 -20.4% $231 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
12/21/2020 12/21/20 For Sale $850,000 +246.9% $291 / Sq Ft
12/27/2013 12/27/13 Sold $245,000 -24.6% $109 / Sq Ft
12/06/2013 12/06/13 Pending -- -- --
09/25/2013 09/25/13 For Sale $325,000 -- $144 / 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 $2,582 $185,710 $79,590 $106,120
2023 $2,526 $182,070 $78,030 $104,040
2022 $2,367 $178,500 $76,500 $102,000
2021 $1,995 $192,523 $45,299 $147,224
2020 $4,252 $190,550 $44,835 $145,715
2019 $2,902 $186,814 $43,956 $142,858
2018 $3,176 $183,152 $43,095 $140,057
2017 $2,413 $179,561 $42,250 $137,311
2016 $2,339 $167,123 $50,434 $116,689
2014 $2,227 $161,389 $48,704 $112,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20074222

MetroList

APN: 119-262-10