NOT LISTED FOR SALE

2855 Mccomb Ave Stockton, CA 95205

Estimated Value: $106,000 - $418,000

4 Beds
2 Baths
1,374 Sq Ft
$231/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $92,500 $67 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $1,792/month

21 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Tile Flooring
  • Cottage
  • Double Pane Windows
  • 1-Story Property

About This Home

As of March 2012

Knock.. knock.. that's right its opportunity knocking. Don't let this pass you up. Whether you're an investor or an owner occupant it pencils out! This duplex consist of a 3 bed 1 bath unit and a 1 bed 1 bath unit. Both units have a single car garage. The 1 bedroom unit is currently rented for $650/month so lets do the math. Owner occupants this will almost cover your full pymt using standard FHA. Investors this will render a 15% ROI (cash) or 40% ROI using conventional financing with 25% down.

Last Agent to Sell the Property

Daniel Del Real

PMZ Real Estate License #01423976 Listed on: 01/10/2012

PMZ Real Estate

Co-Listed By

Enrique Del Real

PMZ Real Estate License #01833110

Last Buyer's Agent

Tom Slape

Rolestone Realty License #01873846

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 1950

Lot Details

  • 0.31

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Cottage
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Tile Flooring

Additional Features

  • Covered Patio or Porch
  • 0.31 Acre Lot

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 119-190-33

Community Details

Overview

  • No Home Owners Association

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,250

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1950
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Lap Siding
  • Disclosures/Documents: None
  • Listing Price: 94950.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,1+ Space Per Unit

Utilities

  • Cooling: Ceiling Fan(s),See Remarks
  • Heating: See Remarks

Condo/Co-op/Association

  • Association Features: RV/Boat Storage,Yard Space
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: Duplex
  • Lot Size Acres: 0.3100
  • Lot Dimensions: 00x00
  • Lot Size Sq Ft: 13504

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Operating Expense: 1000
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Insurance Expense: 1000
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 119-190-33
  • Current RE Taxes: 1250

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2012
Closed on
Feb 21, 2012
Sold by
Pacific Mortgage Servicing Lp
Bought by
Kumar Arvind and Kumar Gita
Seller's Agent
Daniel Del Real
PMZ Real Estate
Buyer's Agent
Tom Slape
Rolestone Realty
List Price
$94,950
Sold Price
$92,500
Premium/Discount to List
-$2,450
-2.58%
Current Estimated Value
$317,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,546
Avg. Annual Appreciation
9.47%
Original Mortgage
$69,375
Outstanding Balance
$47,392
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$269,654

Purchase Details

Closed on
Jul 13, 2011
Sold by
Villasenor Brando
Bought by
Pacific Mortgage Servicing Lp

Purchase Details

Closed on
Jun 21, 2001
Sold by
Emc Mtg Corp
Bought by
Villasenor Brando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
7.26%

Purchase Details

Closed on
May 2, 2001
Sold by
Option One Mtg Corp
Bought by
Emc Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
7.26%

Purchase Details

Closed on
Feb 28, 2001
Sold by
Iqbal Jamshed
Bought by
Option One Mtg Corp

Purchase Details

Closed on
Jan 28, 2000
Sold by
Rahman Shazia A
Bought by
Iqbal Jamshed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
11.23%

Purchase Details

Closed on
Jan 26, 2000
Sold by
Ahmad Iftikhar
Bought by
Iqbal Jamshed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
11.23%

Purchase Details

Closed on
Sep 8, 1999
Sold by
Ahmad Rayhana
Bought by
Ahmad Iftikhar

Purchase Details

Closed on
Sep 2, 1999
Sold by
Washington Mutual Bank Fa
Bought by
Ahmad Iftikhar

Purchase Details

Closed on
Jun 8, 1999
Sold by
Davison Harold D and Davison Lily
Bought by
Washington Mutual Bank Fa
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
Kumar Arvind $92,500 Chicago Title Company
Pacific Mortgage Servicing Lp $54,000 Accommodation
Villasenor Brando $108,000 Fidelity National Title Co
Emc Mortgage Corp -- Fidelity National Title Co
Option One Mtg Corp $86,363 First American Title Ins Co
Iqbal Jamshed -- Fidelity National Title Co
Iqbal Jamshed $98,000 Fidelity National Title Co
Ahmad Iftikhar -- Chicago Title Co
Ahmad Iftikhar $45,000 Chicago Title Co
Washington Mutual Bank Fa $60,704 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Arvind $69,375
Previous Owner Villasenor Brando $102,600
Previous Owner Iqbal Jamshed $78,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2012 03/16/12 Sold $92,500 -2.6% $67 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $94,950 -- $69 / 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
2025 $1,585 $116,176 $31,396 $84,780
2024 $1,560 $113,899 $30,781 $83,118
2023 $1,501 $111,667 $30,178 $81,489
2022 $1,448 $109,479 $29,587 $79,892
2021 $1,394 $107,333 $29,007 $78,326
2020 $1,418 $106,233 $28,710 $77,523
2019 $1,443 $104,151 $28,148 $76,003
2018 $1,418 $102,110 $27,597 $74,513
2017 $1,348 $100,108 $27,056 $73,052
2016 $1,370 $98,146 $26,526 $71,620
2014 $1,306 $94,779 $25,616 $69,163
Source: Public Records

Agents Affiliated with this Home

  • Daniel Del Real

    Seller's Agent in 2012

    Daniel Del Real

    PMZ Real Estate

    (209) 750-7019

    906 Total Sales

    Daniel Del Real
    Section Image

  • E

    Seller Co-Listing Agent in 2012

    Enrique Del Real

    PMZ Real Estate

  • T

    Buyer's Agent in 2012

    Tom Slape

    Rolestone Realty

    Section Image
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Map

Source: MetroList

MLS Number: 12002044

MetroList

APN: 119-190-33

California San Joaquin County Stockton 95205

2855 Mccomb Ave, Stockton, CA

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