NOT LISTED FOR SALE

323 E Elm St Lodi, CA 95240

Downtown Lodi Neighborhood

Estimated Value: $317,000 - $401,000

2 Beds
2 Baths
1,125 Sq Ft
$320/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $257,050 $228 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,139/month

3 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 1-minute walk to Hale Park
  • Cottage

About This Home

As of May 2019

TWO ONE-BEDROOM HOMES ON ONE LOT! Recently upgraded. INVESTORS TAKE NOTE! Solid CAP rate possible. Also: FHA possible! Live in one unit, use the rental income from the other to supplement your income and pay the loan payment! All info per Sellers & others & not verified by Brokers. Two homes for under $300K? Better hurry!

Last Agent to Sell the Property

Larry Underhill

Keller Williams Realty License #00858988 Listed on: 04/23/2019

Keller Williams Realty

Last Buyer's Agent

Betty Le

Premier Realty License #01495591

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 2,640

Parking

  • Open Parking

Home Design

  • Duplex
  • Cottage
  • Raised Foundation
  • Composition Roof

Additional Features

  • 1-Story Property
  • 2,640 Sq Ft Lot
  • No Cooling

Listing and Financial Details

  • Assessor Parcel Number 043-088-12

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1927
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: None
  • Flooring: Laminate,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: None
  • Foundation: Raised
  • Listing Price: 269950.00
  • Roof: Composition
  • View Description: Other

Garage/Parking

  • Parking Features: Open

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Varies by Unit

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: Duplex
  • Lot Size Acres: 0.0606
  • Lot Size Sq Ft: 2640

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 043-088-12
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2019
Sold by
Ngo Tho
Bought by
Le Betty
Current Estimated Value
$359,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Outstanding Balance
$157,559
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$202,018

Purchase Details

Listed on
Apr 23, 2019
Closed on
May 2, 2019
Sold by
Beeson Jolene M
Bought by
Le Betty
Seller's Agent
Larry Underhill
Keller Williams Realty
Buyer's Agent
Betty Le
Premier Realty
List Price
$269,950
Sold Price
$257,050
Premium/Discount to List
-$12,900
-4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
Sep 24, 2009
Sold by
Beeson Cambron W
Bought by
Beeson Jolene M

Purchase Details

Closed on
Sep 16, 2009
Sold by
U S Bank National Association
Bought by
Beeson Jolene

Purchase Details

Closed on
Feb 5, 2009
Sold by
Orozco Alfanso Cadenas and Cadenas Marco A
Bought by
U S Bank National Association

Purchase Details

Closed on
Feb 28, 2006
Sold by
Cadenas Cecilia
Bought by
Orozco Alfonso Cadenas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.08%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 23, 2006
Sold by
Jones Arion T and Frost Jones Kendra M
Bought by
Orosco Alfonso Cadenas and Cadenas Marco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.08%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 27, 2004
Sold by
Jones Arion T and Frost Jones Kendra M
Bought by
Jones Arion T and Frost Jones Kendra M

Purchase Details

Closed on
Jun 2, 2004
Sold by
Jones Kendra Michelle
Bought by
Jones Arion T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2002
Sold by
Alam Mohammad
Bought by
Liu Edwin C and Liu Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
6.51%
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
Le Betty -- First American Title Company
Le Betty $257,500 Chicago Title Co Stockton
Beeson Jolene M -- Chicago Title Company
Beeson Jolene $61,000 Chicago Title Company
U S Bank National Association $53,200 Accommodation
Orozco Alfonso Cadenas -- Chicago Title Co
Cadenas Marco A -- Chicago Title Co
Orosco Alfonso Cadenas $240,000 Chicago Title Co
Jones Arion T -- --
Jones Arion T -- --
Jones Arion T -- Chicago Title Co
Jones Arion T $110,000 Chicago Title Co
Liu Edwin C $89,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Betty $179,900
Previous Owner Cadenas Marco A $60,000
Previous Owner Orosco Alfonso Cadenas $180,000
Previous Owner Jones Arion T $88,000
Previous Owner Liu Edwin C $80,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2019 05/14/19 Sold $257,050 -4.8% $228 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $269,950 -- $240 / 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 $3,125 $286,740 $85,893 $200,847
2024 $3,041 $281,118 $84,209 $196,909
2023 $3,002 $275,607 $82,558 $193,049
2022 $2,936 $270,204 $80,940 $189,264
2021 $2,990 $264,906 $79,353 $185,553
2020 $2,911 $262,191 $78,540 $183,651
2019 $801 $70,582 $11,570 $59,012
2018 $790 $69,199 $11,344 $57,855
2017 $773 $67,843 $11,122 $56,721
2016 $725 $66,513 $10,904 $55,609
2014 $706 $64,232 $10,530 $53,702
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Larry Underhill

    Keller Williams Realty

    Section Image

  • B

    Buyer's Agent in 2019

    Betty Le

    Premier Realty

    Section Image
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Map

Source: MetroList

MLS Number: 19024707

MetroList

APN: 043-088-12

California San Joaquin County Lodi 95240 Downtown Lodi

323 E Elm St, Lodi, CA

Not Listed for Sale

MultiFamily

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