NOT LISTED FOR SALE

308 E Lodi Ave Lodi, CA 95240

Downtown Lodi Neighborhood

Estimated Value: $551,000 - $610,000

4 Beds
4 Baths
2,786 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $575,000 $206 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,597/month

9 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Security Gate
  • Concrete Flooring

About This Home

As of August 2022

Great investment opportunity! 4-plex with good cashflow. All 4 units are 1 bed/ 1 bath. You can even live in one and let the other three units pay your mortgage or let this be your opportunity to get into investment properties! Close to schools, restaurants, shopping and transportation.

Last Agent to Sell the Property

Celina Paniagua

KW Central Valley License #01788557 Listed on: 07/22/2022

Last Buyer's Agent

Scott Kao

ERS Premier License #02101664

ERS Premier

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,000

Home Design

  • Quadruplex
  • Mixed Use
  • Raised Foundation
  • Frame Construction

Flooring

  • Linoleum
  • Concrete

Home Security

  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 7,000 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 047-193-04

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Mixed Use
  • Property Subtype 1: Quadruplex
  • Stories: 1
  • Year Built: 1920
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete, Linoleum
  • Price Per Square Foot: 345.35

Exterior Features

  • Construction Materials: Frame
  • Foundation: Raised
  • Listing Price: 550000.00
  • Lot Features: None

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector, Security Gate
  • Sewer: In & Connected
  • Utilities: Electric
  • Cooling: Central, Window Unit(s)
  • Heating: Central, Wall Furnace
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: C2
  • Irrigation: None
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 3
  • Number of Units: 4

Tax Info

  • Assessor Parcel Number: 047-193-04
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Aug 22, 2022
Sold by
Matthew & Hope Paulin Family Revocable T
Bought by
Kao Scott Shih-Che
Seller's Agent
Celina Paniagua
KW Central Valley
Buyer's Agent
Scott Kao
ERS Premier
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Views
6
Current Estimated Value
$582,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,952
Avg. Annual Appreciation
0.33%
Original Mortgage
$431,250
Outstanding Balance
$415,693
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$165,699

Purchase Details

Closed on
Nov 5, 2014
Sold by
Paulin Matthew D and Paulin Hope E
Bought by
Matthew & Hope Paulin Family Revocable T and Paulin Hope E

Purchase Details

Closed on
Jan 29, 2008
Sold by
Diani Diane Rosemary and The Diane Rosemary Diani Trust
Bought by
Paulin Matthew D and Paulin Hope E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2007
Sold by
Diani Diane Rosemary
Bought by
Diani Diane Rosemary

Purchase Details

Closed on
Jan 5, 2007
Sold by
Diani Diane Rosemary and Diane Rosemary Diani Trust
Bought by
Diani Diane Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 15, 2003
Sold by
Diani Diane R
Bought by
Diani Diane Rosemary and Diane Rosemary Diani Trust

Purchase Details

Closed on
Apr 12, 2000
Sold by
Schulz Darren and Schulz Allison
Bought by
Urban Luis and Urban Josefina

Purchase Details

Closed on
Feb 8, 2000
Sold by
Wheatley Diane R
Bought by
Diani Diane R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kao Scott Shih-Che $575,000 Cypress Title
Matthew & Hope Paulin Family Revocable T -- None Available
Paulin Matthew D -- Placer Title Company
Diani Diane Rosemary -- None Available
Diani Diane Rosemary -- Old Republic Title Company
Diani Diane Rosemary -- Old Republic Title Company
Diani Diane Rosemary -- --
Urban Luis $60,000 Chicago Title Co
Diani Diane R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kao Scott Shih-Che $431,250
Previous Owner Paulin Matthew D $273,750
Previous Owner Diani Diane Rosemary $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2022 08/30/22 Sold $575,000 +4.5% $206 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $550,000 -- $197 / 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 $6,521 $598,230 $145,656 $452,574
2024 $6,343 $586,500 $142,800 $443,700
2023 $6,262 $575,000 $140,000 $435,000
2022 $4,916 $451,764 $123,769 $327,995
2021 $5,005 $442,907 $121,343 $321,564
2020 $4,875 $438,366 $120,099 $318,267
2019 $3,405 $305,000 $105,000 $200,000
2018 $3,423 $305,000 $105,000 $200,000
2017 $3,414 $305,000 $105,000 $200,000
2016 $4,319 $404,986 $110,955 $294,031
2015 $3,067 $398,905 $109,289 $289,616
2014 $2,864 $265,000 $66,000 $199,000
Source: Public Records

Agents Affiliated with this Home

  • Celina Paniagua

    Seller's Agent in 2022

    Celina Paniagua

    KW Central Valley

    (209) 993-7009

    7 in this area

    100 Total Sales

    Celina Paniagua
    Section Image

  • S

    Buyer's Agent in 2022

    Scott Kao

    ERS Premier

    Section Image
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Map

Source: MetroList

MLS Number: 222097757

MetroList

APN: 047-193-04

California San Joaquin County Lodi 95240 Downtown Lodi

308 E Lodi Ave, Lodi, CA

Not Listed for Sale

MultiFamily

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