NOT LISTED FOR SALE

331 E Oak St Lodi, CA 95240

Downtown Lodi Neighborhood

Estimated Value: $298,000 - $638,000

2 Beds
2 Baths
1,484 Sq Ft
$279/Sq Ft Est. Value

Sale Details

Date Sold: March 11, 2016

Last sale price $175,000 $118 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,428 / mo

112 Days on Market

Highlights

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

About This Home

As of March 2016

Great duplex investment! Rent one side and occupy the other, or rent both for positive cash flow. Brand new roof on garage! See attached documents for projected rents and income. Both units have access to a garage and basement.

Last Agent to Sell the Property

Nancy Hyske

Schaffer & Company, Realtors License #00690128 Listed on: 10/21/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 5,859 Sq Ft Lot
  • Lot Dimensions are 53 x 177 x 39 x 176

Parking

  • 1 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv electricity gas sewer trash collection
  • Assessor Parcel Number 043-121-11

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

5,859 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1934
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Electric Oven,Free Standing Electric Range,Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,Roof Inspection,Structural Pest Control Report
  • Listing Price: 185000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage,Street,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: Mixed Use Corridor
  • Lot Size Acres: 0.1345
  • Lot Dimensions: 53 x 177 x 39 x 176
  • Lot Size Sq Ft: 5859

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Sewer,Trash Collection
  • Total # Leasable: 2

Multi Family

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

Tax Info

  • Assessor Parcel Number: 043-121-11

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2015
Closed on
Mar 8, 2016
Sold by
The Loel Foundation
Bought by
Arroyo Daniel and Arroyo Daniel
Seller's Agent
Nancy Hyske
Schaffer & Company, Realtors
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$414,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,773
Avg. Annual Appreciation
8.82%
Original Mortgage
$140,000
Outstanding Balance
$111,322
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$303,451

Purchase Details

Closed on
Nov 6, 2007
Sold by
Farmers & Merchants Bancorp
Bought by
The Loel Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2006
Sold by
Kuwamoto Larry M
Bought by
Farmers & Merchants Bancorp

Purchase Details

Closed on
Nov 29, 2004
Sold by
Bennett Dean A and Bennett Juanita M
Bought by
Kuwamoto Larry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,960
Interest Rate
4.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2001
Sold by
Garrison Steven D and Garrison Cindy L
Bought by
Bennett Dean A and Bennett Juanita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
Arroyo Daniel $175,000 Old Republic Title Company
The Loel Foundation $329,500 Fidelity National Title Comp
Farmers & Merchants Bancorp $330,000 Placer Title Company
Kuwamoto Larry M $271,500 Placer Title Company
Bennett Dean A $105,000 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 Arroyo Daniel $140,000
Previous Owner The Loel Foundation $246,000
Previous Owner Kuwamoto Larry M $216,960
Previous Owner Bennett Dean A $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2016 03/11/16 Sold $175,000 0.0% $118 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
10/21/2015 10/21/15 For Sale $175,000 -- $118 / Sq Ft
Source: MetroList

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 $2,195 $207,156 $65,105 $142,051
2024 $2,134 $203,095 $63,829 $139,266
2023 $2,101 $199,114 $62,578 $136,536
2022 $2,053 $195,210 $61,351 $133,859
2021 $2,089 $191,384 $60,149 $131,235
2020 $2,034 $189,423 $59,533 $129,890
2019 $1,992 $185,710 $58,366 $127,344
2018 $1,962 $182,070 $57,222 $124,848
2017 $1,917 $178,500 $56,100 $122,400
2016 $24 $199,719 $83,216 $116,503
2015 $24 $196,720 $81,967 $114,753
2014 $1,012 $100,000 $25,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • Nancy Hyske

    Seller's Agent in 2016

    Nancy Hyske

    Schaffer & Company, Realtors

    (209) 712-5164

    8 in this area

    85 Total Sales

    Nancy Hyske
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Map

Source: MetroList

MLS Number: 15068704

MetroList

APN: 043-121-11

California San Joaquin County Lodi 95240 Downtown Lodi

331 E Oak St, Lodi, CA

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