NOT LISTED FOR SALE

Estimated Value: $540,000 - $611,118

6 Beds
4 Baths
2,200 Sq Ft
$260/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $415,000 $189 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,602/month

20 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating
  • 1-Story Property
  • Lincoln High School Rated A-
  • Garage

About This Home

As of March 2020

This is the one you've been waiting for. Fantastic income generating duplex. Both sides updated and remodeled. One side ready for new tenant or owner. 2874 has been remodeled with new bathrooms, new flooring and paint, new kitchen cabinets and appliances, and granite counters. Both units boast a full three bedroom and two bath as well as two car garages. Large backyard and cul-de-sac location. Conveniently located.

Last Agent to Sell the Property

Wesley Olson

WR Properties License #01248834 Listed on: 02/06/2020

WR Properties

Last Buyer's Agent

Yong Chang Lai

H & L Realty Inc License #01311980

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1975

Lot Details

  • 9,030

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Roof

Additional Features

  • 1-Story Property
  • 9,030 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Security Deposit $1,400
  • Tenant pays for cable tv electricity gas sewer trash collection water
  • Assessor Parcel Number 097-590-15

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • Insurance Expense $1,200
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,800

Year Built

Built in 1975

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1975
  • Architectural Style: Traditional
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven,Free Standing Electric Range,Varies By Unit,See Remarks
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Laminate,Tile,Varies by Unit

Exterior Features

  • Construction Materials: Frame,Other
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Roof Inspection,Structural Pest Control Report,Whole House Inspection Available
  • Listing Price: 435000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Varies by Unit
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association Fee: 236
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.2073
  • Lot Size Sq Ft: 9030

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Sewer,Trash Collection,Water
  • Total Deposit: 1400
  • Total # Leasable: 2

Multi Family

  • Gross Income: 36000
  • Income Includes: Rent Only
  • Insurance Expense: 1200
  • Number of Leased Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None
  • Gross Income Multiplier: 12.000

Tax Info

  • Assessor Parcel Number: 097-590-15
  • Current RE Taxes: 4800
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2023
Sold by
Boun Sothy
Bought by
Sothy Boun Revocable Trust
Current Estimated Value
$571,780

Purchase Details

Listed on
Feb 6, 2020
Closed on
Mar 20, 2020
Sold by
Feddersohn Palge Marie
Bought by
Boun Sothy
Seller's Agent
Wesley Olson
WR Properties
Buyer's Agent
Yong Chang Lai
H & L Realty Inc
List Price
$435,000
Sold Price
$415,000
Premium/Discount to List
-$20,000
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$240,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2019
Sold by
Feddersohn Paige Marie and Feddersohn Paige Marie
Bought by
Feddersohn Paige Marie

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
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2018
Closed on
Apr 26, 2018
Sold by
Popalzai Mohammad and Khan Nazia
Bought by
Feddersohm Paige Marie
Seller's Agent
Khaksar Ahmad
Reliance Real Estate, Inc
Buyer's Agent
Shawn Mileham
LPT Realty, Inc
List Price
$359,900
Sold Price
$359,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$49,000
Interest Rate
4.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 4, 2016
Sold by
Imaan Properties Llc
Bought by
Popalzai Mohammad and Khan Nazia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2011
Sold by
Huynh Kaitlyn
Bought by
Imaan Properties Llc

Purchase Details

Closed on
Nov 2, 2003
Sold by
Huynh Su
Bought by
Huynh Kaitlen

Purchase Details

Closed on
Aug 4, 2001
Sold by
Doan Quy Nhi
Bought by
Huynh Su T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.1%

Purchase Details

Closed on
Dec 8, 1997
Sold by
Federal National Mortgage Association
Bought by
Huynh Su T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
7.13%

Purchase Details

Closed on
Jun 19, 1997
Sold by
Dorman Delmar G and Dorman Kathryne J
Bought by
Federal National Mortgage Association
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
Sothy Boun Revocable Trust -- --
Boun Sothy $415,000 Fidelity Natl Ttl Stockton
Feddersohn Paige Marie -- Lawyers Title Riverside
Feddersohm Paige Marie $360,000 Old Republic Title Company
Popalzai Mohammad -- Chicago Title Company
Imaan Properties Llc $92,250 None Available
Huynh Kaitlen -- --
Huynh Su T -- Fidelity National Title Co
Huynh Su T $78,000 Fidelity National Title
Federal National Mortgage Association $92,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boun Sothy $240,000
Previous Owner Feddersohn Paige Marie $200,000
Previous Owner Feddersohm Paige Marie $49,000
Previous Owner Popalzai Mohammad $173,600
Previous Owner Huynh Kaitlen $280,000
Previous Owner Huynh Kaitlyn $100,000
Previous Owner Huynh Kaitlen $55,000
Previous Owner Huynh Kaitlyn $120,000
Previous Owner Huynh Su T $70,000
Previous Owner Huynh Su T $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $415,000 -4.6% $189 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/22/2020 02/22/20 For Sale $435,000 0.0% $198 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
02/07/2020 02/07/20 Price Changed $435,000 +6.1% $198 / Sq Ft
02/06/2020 02/06/20 For Sale $410,000 +13.9% $186 / Sq Ft
05/07/2018 05/07/18 Sold $359,900 0.0% $164 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $359,900 -- $164 / 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 $5,674 $444,961 $96,497 $348,464
2023 $5,658 $436,237 $94,605 $341,632
2022 $5,340 $427,684 $92,750 $334,934
2021 $5,274 $419,299 $90,932 $328,367
2020 $4,817 $374,439 $130,050 $244,389
2019 $4,747 $367,098 $127,500 $239,598
2018 $3,176 $228,888 $83,232 $145,656
2017 $3,120 $224,400 $81,600 $142,800
2016 $2,161 $138,528 $43,290 $95,238
2015 $2,144 $136,448 $42,640 $93,808
2014 $2,119 $133,776 $41,805 $91,971
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20007204

MetroList

APN: 097-590-15