NOT LISTED FOR SALE

338 Vel Place Manteca, CA 95337

Estimated Value: $540,927 - $764,000

4 Beds
2 Baths
1,800 Sq Ft
$342/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $565,000 $314 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,742/month

10 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • Landscaped
  • Sierra High School Rated A-
  • Cul-De-Sac
  • Central Heating and Cooling System

About This Home

As of October 2024

Looking for an investment property or to own a duplex, live in one and rent the other, this is your perfecto opportunity! This duplex is located in a quiet court near restaurants, shopping, schools and quick access to I5 and 120.

Last Agent to Sell the Property

Christin Robison

HomeSmart PV and Associates License #02074667 Listed on: 08/12/2024

HomeSmart PV and Associates

Last Buyer's Agent

Ryan Harris

Realty ONE Group Zoom License #01858519

Realty ONE Group Zoom

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,960

Year Built

  • Built in 1979

Lot Details

  • 6,600 Sq Ft Lot
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 222-090-23

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Union Plaza Subdivision

Building Details

  • 2 Leased Units
  • Net Lease
  • Insurance Expense $1,128
  • Maintenance Expense $1,200
  • Other Expense $1,272

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,960

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Year Built: 1979
  • Stories: 1
  • Subdivision: Union Plaza
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Linoleum, Varies by Unit
  • Price Per Square Foot: 313.89
  • Square Footage: 1800.00

Exterior Features

  • Construction Materials: Stucco, Wood
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 560000.00
  • Lot Features: Court, Cul-De-Sac, Sidewalk, Landscape Front
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Open Parking Spaces: 4.00
  • Garage Spaces: 3.00
  • Parking Features: Varies by Unit
  • Total Parking Spaces: 7.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Internet Available
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Varies by Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Manteca Unified

Lot Info

  • Zoning: Duplex
  • Irrigation: None
  • Lot Size Acres: 0.1515
  • Lot Size Sq Ft: 6600.00

Rental Info

  • Tenant Pays: Cable TV, Electricity
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Insurance Expense: 1128
  • Maintenance Expense: 1200
  • Number of Leased Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 222-090-23
  • Current RE Taxes: 1960
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Sep 17, 2024
Sold by
Hart Family Revocable Trust and Hart James Francis
Bought by
Iqbal Family Trust and Iqbal
Seller's Agent
Christin Robison
HomeSmart PV and Associates
Buyer's Agent
Ryan Harris
Realty ONE Group Zoom
List Price
$560,000
Sold Price
$565,000
Premium/Discount to List
$5,000
0.89%
Views
48
Current Estimated Value
$615,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,982
Avg. Annual Appreciation
6.93%
Original Mortgage
$420,975
Outstanding Balance
$416,261
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$199,721

Purchase Details

Closed on
May 27, 2021
Sold by
Hart James F and Hart Kathy
Bought by
Hart James Francis and Hart Kathy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Iqbal Family Trust $561,500 Old Republic Title
Hart James Francis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iqbal Family Trust $420,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2024 10/01/24 Sold $565,000 +0.9% $314 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $560,000 -- $311 / 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 $6,257 $561,300 $140,000 $421,300
2024 $1,984 $177,962 $66,975 $110,987
2023 $1,960 $174,473 $65,662 $108,811
2022 $1,931 $171,053 $64,375 $106,678
2021 $1,910 $167,700 $63,113 $104,587
2020 $1,833 $165,981 $62,466 $103,515
2019 $1,810 $162,728 $61,242 $101,486
2018 $1,786 $159,539 $60,042 $99,497
2017 $1,760 $156,412 $58,865 $97,547
2016 $1,718 $153,346 $57,711 $95,635
2014 $1,595 $148,085 $55,731 $92,354
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 224088965

MetroList

APN: 222-090-23