NOT LISTED FOR SALE
6 Beds
4 Baths
3,000 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: May 27, 2016

Last sale price $296,000 $99 Per Sq Ft

43 Days on Market

Highlights

  • 0.34 Acre Lot
  • Double Pane Windows
  • 5-minute walk to John Blakely Park
  • No HOA
  • 1-Story Property

About This Home

As of May 2016

Unique Property with (5) Houses on one lot. All Rented and bringing in good income. Located in desirable Lodi, minutes from downtown. These appealing houses consists of (2) spacious two-bedroom one bathroom houses and (3) one-bathroom one bath houses. Some of the houses have garages and some have long term tenants. House have been maintained for the most part but always room for improvement or upgrades. 5th house $400 per. Room for negotiation on price or seller help with closing cast available.

Last Agent to Sell the Property

Nicholas Gallego

Docter & Docter, Realtors License #01185267 Listed on: 01/28/2016

Last Buyer's Agent

Nicholas Gallego

Docter & Docter, Realtors License #01185267 Listed on: 01/28/2016

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 14,641 Sq Ft Lot
  • Lot Dimensions are 61 x 241

Parking

  • 5 Open Parking Spaces
  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity sewer trash collection water
  • Assessor Parcel Number 047-260-06

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Units Leased Month-To-Month
  • Oral Lease Type

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0.34 Acres

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1920
  • Architectural Style: A-Frame,Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven,Free Standing Electric Range,Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator,Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Laminate,Varies by Unit
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 349000.00
  • Patio And Porch Features: Uncovered Patio,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 5
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector,Varies By Unit
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Window Unit(s),Varies by Unit
  • Heating: Wall Furnace,Varies by Unit

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: 5+ units
  • Lot Size Acres: 0.3361
  • Lot Dimensions: 61 x 241
  • Lot Size Sq Ft: 14641

Rental Info

  • Tenant Pays: Cable TV,Electricity,Sewer,Trash Collection,Water
  • Total # Leasable: 5

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Number of Leased Units: 5
  • Number of Month to Month Units: 5
  • Number of Units: 5
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 047-260-06

MLS Schools

  • School District (County): San Joaquin

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
May 19, 2016
Sold by
Bought by
Seller's Agent
Nicholas Gallego
Docter & Docter, Realtors
Buyer's Agent
Nicholas Gallego
Docter & Docter, Realtors
List Price
$349,000
Sold Price
$296,000
Premium/Discount to List
-$53,000
-15.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 28, 2016
Closed on
Apr 26, 2016
Sold by
Bought by
Seller's Agent
Nicholas Gallego
Docter & Docter, Realtors
Buyer's Agent
Nicholas Gallego
Docter & Docter, Realtors
List Price
$349,000
Sold Price
$296,000
Premium/Discount to List
-$53,000
-15.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 30, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in East Lodi, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Old Republic Title Company
$296,000 Old Republic Title Company
$347,297 None Available
-- Financial Title Company
$250,000 Alliance Title Co
$185,000 Chicago Title Co
-- Chicago Title Co
$170,000 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $365,000
Closed $240,000
Previous Owner $321,500
Previous Owner $55,000
Previous Owner $190,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $296,000 -15.2% $99 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $349,000 -- $116 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,873 $350,397 $118,377 $232,020
2024 $3,768 $343,527 $116,056 $227,471
2023 $3,699 $336,792 $113,781 $223,011
2022 $3,617 $330,189 $111,550 $218,639
2021 $3,683 $323,715 $109,363 $214,352
2020 $3,588 $320,397 $108,242 $212,155
2019 $3,516 $314,116 $106,120 $207,996
2018 $3,467 $307,958 $104,040 $203,918
2017 $3,391 $301,920 $102,000 $199,920
2016 $3,156 $293,704 $88,111 $205,593
2015 $3,123 $289,294 $86,788 $202,506
2014 $2,074 $190,000 $47,000 $143,000
Source: Public Records

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Map

Source: MetroList

MLS Number: 16004959

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