$520,000
SOLD JAN 29, 2025
6 Beds
4 Baths
2,277 Sq Ft
9,357 Sq Ft Lot

Recently Sold

$228 Per Sq Ft

2% Below List Price

9 Days on Market

Highlights

  • City View
  • No HOA
  • Cul-De-Sac
  • Vaulted Ceiling
  • Fenced Yard
  • Double Pane Windows

About This Home

As of January 2025

Stockton Cash Cow. Current Rents are $1795 per month plus all utilities are passed through so the average rent with pass-throughs are about $1995 a month per unit. This translates to a scheduled gross income of about $47,780 with a GRM 11.06. Plus there is still upside potential Rentometer Pro Suggests and the average rent for a 3 bedroom in the area is $2,148 per month! These units have had a good amount of updating over the years and have the following features: Newer Exterior paint, each unit has 3 bedrooms,2 bathrooms, and 2 car garages. Each unit has indoor laundry hookups, vaulted ceilings in the living room, and a fireplace. The Kitchens have tile countertops and stainless-steel sinks. The bathrooms have tile floors, tile shower surrounds, and newer vanities. The flooring is a combination of tile and vinyl plank throughout. These units also have dual pane windows and central heat and air. Lastly, each unit has a fenced backyard with cement patio.

Last Agent to Sell the Property

Ron Benning

LPT Realty, Inc License #01058898 Listed on: 12/17/2024

LPT Realty, Inc

Co-Listed By

Shawn Mileham

LPT Realty, Inc License #01271371

Last Buyer's Agent

Ron Benning

LPT Realty, Inc License #01058898 Listed on: 12/17/2024

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,551

Year Built

  • Built in 1977

Lot Details

  • 9,357 Sq Ft Lot
  • Cul-De-Sac
  • Fenced Yard

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,277 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • City Views
  • Free-Standing Electric Range
  • Laundry in unit

Flooring

  • Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 082-050-24

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month
  • CPI Adjustment
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,551

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Year Built: 1977
  • Architectural Style: Ranch
  • Levels: One
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Interior Amenities: Vaulted Ceiling(s)
  • Flooring: Tile, Vinyl
  • Price Per Square Foot: 228.37
  • Square Footage: 2277.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame, Wood
  • Disclosures/Documents: Property Inspection, Structural Pest Control Report
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 530000.00
  • Lot Features: Cul-De-Sac, Curbs/Gutters
  • New Construction: No
  • Patio And Porch Features: Uncovered Patio, Varies by Unit
  • Pool: No
  • Property Condition: Varies by Unit
  • Roof: Composition
  • Spa: No
  • Topography: Level,Level
  • View Description: City

Garage/Parking

  • Open Parking Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking Features: Garage
  • Total Parking Spaces: 8.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, City, Electric
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Each Unit
  • Water Source: Public
  • Separate Meters: Electricity, Gas

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning: Multifamilt
  • Irrigation: None
  • Lot Size Acres: 0.2148
  • Lot Dimensions: 32x122x43x108x92
  • Lot Size Sq Ft: 9357.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, See Remarks
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Section8: 2
  • Existing Lease Type: CPI Adjustment
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Three Bedroom Annual Occupancy: 100
  • Number Of3 Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 082-050-24
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Jan 24, 2025
Sold by
Vo Mai and Nyuyen Hung
Bought by
Kou Qi and Ng Sut I
Seller's Agent
Ron Benning
LPT Realty, Inc
Buyer's Agent
Ron Benning
LPT Realty, Inc
List Price
$530,000
Sold Price
$520,000
Premium/Discount to List
-$10,000
-1.89%
Views
21
Current Estimated Value
$519,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$272
Avg. Annual Appreciation
2.00%
Original Mortgage
$390,000
Outstanding Balance
$388,957
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$135,695

Purchase Details

Closed on
Oct 24, 2019
Sold by
Vo Mai
Bought by
Vo Mai and Nguyen Hung

Purchase Details

Listed on
May 29, 2013
Closed on
Jul 23, 2013
Sold by
Flores Peter and Flores Pedro
Bought by
Vo Mai N
Seller's Agent
Aldo Gonzalez
Intero Real Estate Services
Buyer's Agent
jagan verma
Intero Real Estate Services
List Price
$129,000
Sold Price
$175,000
Premium/Discount to List
$46,000
35.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$128,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2007
Sold by
Jeypaul David S and Jeypaul Ronika G
Bought by
Flores Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2007
Sold by
Flores Martha Leticia Orozco and Orozco Martha Leticia Martinez
Bought by
Flores Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2005
Sold by
Yee Philip W
Bought by
Jeypaul David S and Jeypaul Ronika G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,700
Interest Rate
5.04%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 30, 2003
Sold by
Yee Philip W and Yee Diana Z
Bought by
Yee Philip W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,750
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2001
Sold by
Ma Austin K and Ma Sandy S
Bought by
Yee Philip W and Yee Diana Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.91%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $520,000 First American Title
Interfamily Deed Transfer -- None Available
Grant Deed $175,000 First American Title Company
Grant Deed $320,000 Alliance Title Company
Interfamily Deed Transfer -- Alliance Title Company
Grant Deed $401,000 Chicago Title Co
Interfamily Deed Transfer -- Old Republic Title Co
Grant Deed $140,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 New Conventional
Previous Owner $326,771 New Conventional
Previous Owner $326,771 Unknown
Previous Owner $140,000 Credit Line Revolving
Previous Owner $48,000 Commercial
Previous Owner $128,000 New Conventional
Previous Owner $256,000 Purchase Money Mortgage
Previous Owner $280,700 Negative Amortization
Previous Owner $178,750 New Conventional
Previous Owner $112,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 Sold $520,000 -1.9% $228 / Sq Ft
12/26/2024 12/26/24 Pending -- -- --
12/17/2024 12/17/24 For Sale $530,000 +202.9% $233 / Sq Ft
08/26/2013 08/26/13 Sold $175,000 +35.7% $77 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $129,000 -- $57 / 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
2024 $2,551 $210,309 $72,104 $138,205
2023 $2,519 $206,187 $70,691 $135,496
2022 $2,313 $202,145 $69,305 $132,840
2021 $2,366 $198,183 $67,947 $130,236
2020 $2,310 $196,152 $67,251 $128,901
2019 $2,257 $192,307 $65,933 $126,374
2018 $2,217 $188,538 $64,641 $123,897
2017 $2,165 $184,842 $63,374 $121,468
2016 $2,040 $181,218 $62,132 $119,086
2014 $1,933 $175,000 $60,000 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224133776

MetroList

APN: 082-050-24