NOT LISTED FOR SALE

Estimated Value: $521,188 - $688,000

4 Beds
2 Baths
1,600 Sq Ft
$380/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $450,000 $281 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,652/month

29 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2019

Great location for two newly renovated units, fully occupied and looks like model house. Inside and outside, owner spent estimated $100k in upgrades. Almost everything is new, kitchen, cabinets, all appliances, flooring, interior and exterior paint, bathroom tiles, bathroom and kitchen. Great rental income return, $3000 monthly total, $1500 rent from each unit. Owner is paying water, sewer and garbage. Great Tanents.

Last Agent to Sell the Property

Parth Ghai

Valley Pacific Realty and Investment License #02045865 Listed on: 02/04/2019

Last Buyer's Agent

Parth Ghai

Valley Pacific Realty and Investment License #02045865 Listed on: 02/04/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,598

Year Built

  • Built in 1978

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 1 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Tile Roof

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 216-320-01

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,598

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1978
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Free Standing Electric Oven
  • Flooring: Laminate,Tile

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: None
  • Listing Price: 450000.00
  • Roof: Tile

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: Manteca Unified

Lot Info

  • Zoning Description: Residential
  • Lot Size Acres: 0.1300
  • Lot Size Sq Ft: 5663

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

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

Tax Info

  • Assessor Parcel Number: 216-320-01

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Mar 26, 2019
Sold by
Bangalore Manjunath Sreedhara and Dixit Shalini Srinath
Bought by
Ludwig William R and Ludwig Pamela C
Seller's Agent
Parth Ghai
Valley Pacific Realty and Investment
Buyer's Agent
Parth Ghai
Valley Pacific Realty and Investment
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$608,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,547
Avg. Annual Appreciation
4.69%
Original Mortgage
$240,000
Outstanding Balance
$210,571
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$397,976

Purchase Details

Listed on
Jul 23, 2018
Closed on
Aug 30, 2018
Sold by
Gessell Darren and Estate Of Lonnie A Long
Bought by
Bangalore Manjunath Sreedhara and Dixit Shalini Srinath
Seller's Agent
James Stepken
Dick Stepken, Realtor
Buyer's Agent
Parth Ghai
Valley Pacific Realty and Investment
List Price
$245,000
Sold Price
$300,500
Premium/Discount to List
$55,500
22.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.66%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Ludwig William R $450,000 Old Republic Title Co San
Bangalore Manjunath Sreedhara $300,500 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludwig William R $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2019 03/29/19 Sold $450,000 0.0% $281 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $450,000 0.0% $281 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $450,000 +49.8% $281 / Sq Ft
09/06/2018 09/06/18 Sold $300,500 +22.7% $188 / Sq Ft View Prior Sale
07/27/2018 07/27/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $245,000 -- $153 / 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 $5,598 $501,979 $120,474 $381,505
2024 $5,441 $492,137 $118,112 $374,025
2023 $5,375 $482,489 $115,797 $366,692
2022 $5,295 $473,029 $113,527 $359,502
2021 $5,238 $463,754 $111,301 $352,453
2020 $5,026 $459,000 $110,160 $348,840
2019 $3,323 $300,742 $68,242 $232,500
2018 $1,180 $111,664 $12,133 $99,531
2017 $1,162 $109,476 $11,896 $97,580
2016 $1,132 $107,330 $11,663 $95,667
2014 $1,049 $103,647 $11,263 $92,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19007112

MetroList

APN: 216-320-01