NOT LISTED FOR SALE

Estimated Value: $594,000 - $608,000

7 Beds
4 Baths
3,802 Sq Ft
$158/Sq Ft Est. Value

Last Sold November 13, 2012

Last sale price $214,500 $56 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $3,392/month

45 Days on Market

About This Home

As of November 2012

Great opportunity!!! This 3985 SQ multiple occupancy home has 7br and 4ba. All units are occupied - Do not disturb the tenants. Just need a little TLC and good management.

Last Agent to Sell the Property

Monica Mena

Pacific West Real Estate License #01856108 Listed on: 07/24/2012

Last Buyer's Agent

Monica Mena

Pacific West Real Estate License #01856108 Listed on: 07/24/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions: 12632.4

Parking

  • 3 Car Garage
  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Gas Range

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv electricity grounds care maintenance sewer trash collection water
  • Assessor Parcel Number 047-163-07

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings

Building Details

  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1950
  • Stories: 1
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Wood,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 199999.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 3
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 1 Space Per Unit

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: R4
  • Lot Size Acres: 0.2900
  • Lot Dimensions: 12,632.4
  • Lot Size Sq Ft: 12632

Rental Info

  • Tenant Pays: Cable TV,Electricity,Grounds Care,Maintenance,Sewer,Trash Collection,Water

Multi Family

  • Income Includes: Rent Only
  • Number of Month to Month Units: 4
  • Number of Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 047-163-07

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2012
Closed on
Nov 6, 2012
Sold by
Zaman Lubna
Bought by
Zaman Qamar
Seller's Agent
Monica Mena
Pacific West Real Estate
Buyer's Agent
Monica Mena
Pacific West Real Estate
List Price
$199,999
Sold Price
$214,500
Premium/Discount to List
$14,501
7.25%
Current Estimated Value
$601,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,500
Avg. Annual Appreciation
8.16%
Original Mortgage
$160,875
Outstanding Balance
$111,010
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$489,990

Purchase Details

Closed on
Jul 29, 2002
Sold by
Paredes Heriberto Luis and Paredes Sylvia O
Bought by
Paredes Heriberto L and Paredes Sylvia O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
6.6%

Purchase Details

Closed on
Apr 14, 2001
Sold by
Reile Eugene and Estate Of Benjamin Fred Reile
Bought by
Paredes Heriberto Luis and Paredes Sylvia O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,950
Interest Rate
6.98%

Purchase Details

Closed on
Aug 11, 1998
Sold by
Seventh Day Adventist
Bought by
Reile Ben
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
Zaman Qamar -- Fidelity National Title Co
Zaman Qamar $214,500 Fidelity National Title Co
Paredes Heriberto L -- First American Title Co
Paredes Heriberto Luis $175,500 Chicago Title Co
Reile Ben -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaman Qamar $160,875
Previous Owner Paredes Heriberto L $192,500
Previous Owner Paredes Heriberto Luis $157,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2012 11/13/12 Sold $214,500 +7.3% $56 / Sq Ft
09/07/2012 09/07/12 Pending -- -- --
07/24/2012 07/24/12 For Sale $199,999 -- $53 / 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 $2,921 $264,132 $73,881 $190,251
2024 $2,841 $258,954 $72,433 $186,521
2023 $2,793 $253,877 $71,013 $182,864
2022 $2,731 $248,900 $69,621 $179,279
2021 $2,781 $244,020 $68,256 $175,764
2020 $2,709 $241,519 $67,557 $173,962
2019 $2,655 $236,784 $66,233 $170,551
2018 $2,618 $232,142 $64,935 $167,207
2017 $2,561 $227,591 $63,662 $163,929
2016 $2,402 $223,130 $62,414 $160,716
2014 $2,338 $215,473 $60,272 $155,201
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12045567

MetroList

APN: 047-163-07