NOT LISTED FOR SALE

347 E Lodi Ave Lodi, CA 95240

Downtown Lodi Neighborhood

Estimated Value: $294,000 - $435,701

5 Beds
3 Baths
2,166 Sq Ft
$157/Sq Ft Est. Value

Last Sold February 24, 2014

Last sale price $210,000 $97 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,075/month

70 Days on Market

About This Home

As of February 2014

Owner Financing with 25% Down, 25 Year Amortized at 6%. Both Units Fully rented. New carpet,tile floors,kitchen cabinets,sinks,faucets & appliances,bathrooms have new showers,new toilet,new vanities,new tile floors.Roof was recently replaced.Possible 3rd unit needs City Modifications,installation of carport&remodel. Buyer is advised to contact City of Lodi Planning for all information regarding this possible third unit and property-Square Footage is not confirmed- buyer is advised to investigate

Last Agent to Sell the Property

Shelly Sherman

Bennett Realtors License #01164605 Listed on: 12/07/2013

Last Buyer's Agent

Nita Bennett

Bennett Realtors License #00846466

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,523

Home Design

  • Triplex
  • A-Frame Home
  • Composition Roof

Additional Features

  • 2-Story Property
  • 5,523 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 043-130-36

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

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

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Architectural Style: A-Frame
  • Stories: 2
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Cook Top,See Remarks
  • Other Equipment: None
  • Flooring: Carpet,Tile

Exterior Features

  • Construction Materials: Wood,See Remarks
  • Disclosures/Documents: See Remarks
  • Listing Price: 210000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street,Varies by Unit

Utilities

  • Cooling: See Remarks
  • Heating: See Remarks

Condo/Co-op/Association

  • Association Features: See Remarks
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: 999
  • Lot Size Acres: 0.1268
  • Lot Size Sq Ft: 5523

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 2
  • Number of Units: 3
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 043-130-36

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2020
Sold by
Patel Jayesh and Patel Kanu
Bought by
Patel Jayesh K and Kanu & Urmila Patel Living Tru
Current Estimated Value
$340,175

Purchase Details

Listed on
Dec 7, 2013
Closed on
Feb 20, 2014
Sold by
Patel Urmilaben
Bought by
Patel Kanu
Seller's Agent
Shelly Sherman
Bennett Realtors
Buyer's Agent
Nita Bennett
Bennett Realtors
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$165,000
Outstanding Balance
$125,314
Interest Rate
4.47%
Mortgage Type
Seller Take Back
Estimated Equity
$214,861

Purchase Details

Closed on
Feb 7, 1996
Sold by
Hinsz Glenn R
Bought by
Hinsz Glenn R
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
Patel Jayesh K -- None Available
Patel Kanu -- Chicago Title Company
Patel Kanu $210,000 Chicago Title Company
Hinsz Glenn R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Kanu $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2014 02/24/14 Sold $210,000 0.0% $97 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
12/03/2013 12/03/13 For Sale $210,000 -- $97 / 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 $3,512 $320,104 $100,322 $219,782
2024 $2,758 $252,375 $84,124 $168,251
2023 $2,719 $247,427 $82,475 $164,952
2022 $2,658 $242,576 $80,858 $161,718
2021 $2,706 $237,821 $79,273 $158,548
2020 $2,637 $235,384 $78,461 $156,923
2019 $2,584 $230,770 $76,923 $153,847
2018 $2,548 $226,246 $75,415 $150,831
2017 $2,492 $221,811 $73,937 $147,874
2016 $2,337 $217,462 $72,487 $144,975
2014 $645 $57,656 $17,489 $40,167
Source: Public Records

Agents Affiliated with this Home

  • Shelly Sherman

    Seller's Agent in 2014

    Shelly Sherman

    Bennett Realtors

    (209) 327-2029

    4 in this area

    102 Total Sales

    Shelly Sherman
    Section Image
  • Nita Bennett

    Buyer's Agent in 2014

    Nita Bennett

    Bennett Realtors

    (209) 329-7875

    6 in this area

    72 Total Sales

    Nita Bennett
    Section Image
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Map

Source: MetroList

MLS Number: 13070409

MetroList

APN: 043-130-36

California San Joaquin County Lodi 95240 Downtown Lodi

347 E Lodi Ave, Lodi, CA

Not Listed for Sale

MultiFamily

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