NOT LISTED FOR SALE
7 Beds
4 Baths
3,000 Sq Ft
0.26 Acres

Last Sold April 02, 2017

Last sale price $839,000 $280 Per Sq Ft

22 Days on Market

Highlights

  • Contemporary Architecture
  • Double Pane Windows
  • Washer and Dryer
  • No HOA
  • Resident Manager or Management On Site

About This Home

As of April 2017

Rare opportunity to own a well managed investment that continues to generate great cash flow!includes an apartment building of 10 2 bed/1 bath units renting $650 each, a separate studio @ $500, a 3/2 manager unit no rent and convenience/liquor store on sep APN @ $1,400.Fenced+designated parking. Laundry room offers 4 washers and dryers makes$400 a month. Newer stucco, paint & roof. All units have hard surface flooring in living and kitchen. Gas stoves & some fridge inc. rent Quickly

Last Agent to Sell the Property

Fred Von Eichel

Fred Eichel Real Estate License #01108194 Listed on: 12/05/2016

Last Buyer's Agent

Duydat Vu

Dat Vu, Broker License #01454787

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,374

Year Built

  • Built in 1946

Lot Details

  • 0.26

Parking

  • 1 Parking Space Included

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Washer and Dryer

Additional Features

  • 0.26 Acre Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv see remarks
  • Assessor Parcel Number 119-042-11

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 13 Units

Additional Features

  • 13 Leased Units
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,374

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1946
  • Architectural Style: Contemporary
  • Levels: MultiSplit
  • Stories: 2
  • Number of Two Bedroom Units: 10
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Other
  • Flooring: Carpet,Laminate,Tile,Other,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Other
  • Listing Price: 839000.00
  • Patio And Porch Features: Varies by Unit
  • Roof: Composition,Other

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector,Unguarded Gate
  • Cooling: Wall Unit(s),See Remarks
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer

Condo/Co-op/Association

  • Association Features: Manager's Office
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: res mult,commercial
  • Lot Size Acres: 0.2590
  • Lot Size Sq Ft: 11282

Rental Info

  • Tenant Pays: Cable TV,See Remarks
  • Total # Leasable: 13

Multi Family

  • Gross Income: 100800
  • Income Includes: Laundry,Other
  • Existing Lease Type: Other
  • Number of Leased Units: 13
  • Number of Units: 13
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 119-042-11

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2010
Sold by
Hamilton Ian Bruce
Bought by
Hamilton Norma W

Purchase Details

Closed on
Aug 24, 2001
Sold by
Rangel Reyes F and Rangel Argelia M
Bought by
Mateo Development Llc

Purchase Details

Closed on
Aug 1, 2001
Sold by
Urbick Doug and Urbick Nancy
Bought by
Urbick Development Inc

Purchase Details

Closed on
Apr 27, 2001
Sold by
Rangel Reyes F and Rangel Argelia
Bought by
Mateo Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
7.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 2000
Sold by
Holt Beverly J
Bought by
Rangel Reyes F and Rangel Arcelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
8.16%
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
Mateo Development Llc -- --
Rangel Reyes F -- --
Urbick Development Inc -- --
Mateo Development Llc -- Fidelity National Title Co
Rangel Reyes F $210,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mateo Development Llc $465,000
Previous Owner Rangel Reyes F $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2017 04/02/17 Sold $839,000 0.0% $280 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
12/05/2016 12/05/16 For Sale $839,000 -- $280 / 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 $9,374 $755,513 $102,402 $653,111
2024 $9,227 $740,700 $100,395 $640,305
2023 $9,022 $726,177 $98,427 $627,750
2022 $8,946 $711,940 $96,498 $615,442
2021 $8,599 $697,981 $94,606 $603,375
2020 $8,765 $690,825 $93,636 $597,189
2019 $8,883 $677,280 $91,800 $585,480
2018 $8,611 $658,812 $46,348 $612,464
2017 $8,166 $645,895 $45,440 $600,455
2016 $8,315 $633,233 $44,549 $588,684
2015 $8,312 $623,726 $43,880 $579,846
2014 $7,915 $611,512 $43,021 $568,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16075278

MetroList

APN: 119-042-11