NOT LISTED FOR SALE

331 W Turner Rd Lodi, CA 95240

North Lodi Neighborhood

Estimated Value: $490,000 - $746,667

8 Beds
4 Baths
2,620 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $533,000 $203 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,775/month

2 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property

About This Home

As of December 2018

OPPORTUNITY KNOCKS! Great income property! Four well-kept two-bedroom units. Current rents are under market. Tile floors for easy care. Two good-sized bedrooms per unit. All info per Sellers & others & not verified by Brokers. All kitchens remodeled within the past 6 years with new cabinets and appliances at that time. Dual pane windows, dishwashers and microwaves throughout! These are above-average units with potential for increased cash flow. Seller's only expense is yard maintenance. Value!

Last Agent to Sell the Property

Larry Underhill

Keller Williams Realty License #00858988 Listed on: 09/11/2018

Keller Williams Realty

Last Buyer's Agent

Christina Rash

RE/MAX Gold Elk Grove License #01319004

RE/MAX Gold Elk Grove

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Tile Flooring
  • Free-Standing Electric Range

Parking

  • 8 Parking Spaces
  • 1 Parking Space Included
  • 4 Covered Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv electricity gas trash collection
  • Assessor Parcel Number 041-250-06

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.26 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1960
  • Levels: 0
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Other Equipment: Varies by Unit
  • Flooring: Tile

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 534950.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 4
  • Parking Features: Carport,1 Space Per Unit
  • Total Parking Spaces: 8

Utilities

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

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: QUAD
  • Lot Size Acres: 0.2645
  • Lot Size Sq Ft: 11522

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Trash Collection

Multi Family

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

Tax Info

  • Assessor Parcel Number: 041-250-06

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2019
Sold by
Creel James and Creel Sheyla
Bought by
Creel James and Creel Sheyla Rev Jlt
Current Estimated Value
$627,667

Purchase Details

Listed on
Sep 11, 2018
Closed on
Dec 21, 2018
Sold by
Knus Fred W and Menke Knust Linda
Bought by
Creel James and Creel Sheyla
Seller's Agent
Larry Underhill
Keller Williams Realty
Buyer's Agent
Christina Rash
RE/MAX Gold Elk Grove
List Price
$534,950
Sold Price
$533,000
Premium/Discount to List
-$1,950
-0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%

Purchase Details

Closed on
Jul 14, 2016
Sold by
Earle Eva
Bought by
Earle Michael and Earle Eva Marie

Purchase Details

Closed on
Sep 2, 2014
Sold by
Earle Michael
Bought by
Earle Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 28, 2014
Sold by
The Doty Family Trust and Doty Sandra J
Bought by
Knust Fred W and Menke Knust Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.1%
Mortgage Type
Seller Take Back
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
Creel James -- None Available
Creel James $533,000 Chicago Title Company Stockt
Earle Michael -- None Available
Earle Eva -- Chicago Title Company
Knust Fred W $400,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knust Fred W $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $533,000 -0.4% $203 / Sq Ft
11/03/2018 11/03/18 For Sale $534,950 0.0% $204 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $534,950 -- $204 / 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 $6,488 $594,567 $192,982 $401,585
2024 $6,311 $582,910 $189,199 $393,711
2023 $6,225 $571,482 $185,490 $385,992
2022 $6,086 $560,277 $181,853 $378,424
2021 $6,196 $549,292 $178,288 $371,004
2020 $6,036 $543,660 $176,460 $367,200
2019 $5,915 $533,000 $173,000 $360,000
2018 $4,725 $422,504 $126,751 $295,753
2017 $4,620 $414,220 $124,266 $289,954
2016 $4,332 $406,100 $121,830 $284,270
2015 $4,286 $400,000 $120,000 $280,000
2014 $2,193 $201,896 $72,106 $129,790
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Larry Underhill

    Keller Williams Realty

    Section Image

  • C

    Buyer's Agent in 2018

    Christina Rash

    RE/MAX

    Section Image
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Map

Source: MetroList

MLS Number: 18062996

MetroList

APN: 041-250-06

California San Joaquin County Lodi 95240 North Lodi

331 W Turner Rd, Lodi, CA

Not Listed for Sale

MultiFamily

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