NOT LISTED FOR SALE

400 E Oak St Lodi, CA 95240

Downtown Lodi Neighborhood

Estimated Value: $281,000 - $550,000

4 Beds
4 Baths
2,400 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $170,000 $71 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,200/month

126 Days on Market

About This Home

As of December 2016

2-story 4 unit residential income property. All units are 1-bdrm 1-bath. Located in central Lodi a few blocks east of downtown. Several units are vacant due to recent updating of interiors. Rents are proposed to be scheduled at $595 each unit. Corner lot with off street parking.

Last Agent to Sell the Property

Dave Thurman

Dave Thurman Real Estate License #00583708 Listed on: 08/01/2016

Last Buyer's Agent

Miguel Arroyo

Advance 1 McKeever Real Estate License #01340090

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1892

Lot Details

  • 6,652 Sq Ft Lot
  • Lot Dimensions: 6650

Home Design

  • Quadruplex
  • Fixer Upper
  • Composition Roof

Additional Features

  • 2-Story Property
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 043-124-01

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1892
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator,Varies By Unit
  • Other Equipment: None
  • Flooring: Carpet,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: None
  • Listing Price: 229000.00
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Parking Features: Open,Street

Utilities

  • Cooling: Window Unit(s),Varies by Unit
  • Heating: Natural Gas,Wall Furnace,Varies by Unit

Condo/Co-op/Association

  • Association Features: Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: RMD, Medium Density Residential
  • Lot Size Acres: 0.1527
  • Lot Dimensions: 6650 Sqft
  • Lot Size Sq Ft: 6652

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 4
  • Number of Vacant Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 043-124-01

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2016
Closed on
Dec 28, 2016
Sold by
Arroyo Eliana
Bought by
Arroyo Luis A
Seller's Agent
Dave Thurman
Dave Thurman Real Estate
Buyer's Agent
Miguel Arroyo
Advance 1 McKeever Real Estate
List Price
$249,000
Sold Price
$170,000
Premium/Discount to List
-$79,000
-31.73%
Current Estimated Value
$384,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,820
Avg. Annual Appreciation
9.51%

Purchase Details

Closed on
Jul 11, 2002
Sold by
Khan Yaqub
Bought by
Guddal Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
6.69%

Purchase Details

Closed on
Sep 16, 1997
Sold by
American Svgs Bank Fa
Bought by
Khan Yaqub

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,600
Interest Rate
7.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 27, 1997
Sold by
Richard Hanson
Bought by
American Svgs Bank Fa
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
Arroyo Luis A -- Placer Title Company
Arroyo Luis A $170,000 Placer Title Company
Guddal Michael H $175,000 Chicago Title Co
Khan Yaqub $76,000 Old Republic Title Company
American Svgs Bank Fa $104,621 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guddal Michael H $131,250
Previous Owner Khan Yaqub $60,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2016 12/30/16 Sold $170,000 -31.7% $71 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $249,000 -- $104 / 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 $2,190 $197,294 $81,238 $116,056
2024 $2,130 $193,427 $79,646 $113,781
2023 $2,098 $189,635 $78,085 $111,550
2022 $2,051 $185,917 $76,554 $109,363
2021 $2,088 $182,272 $75,053 $107,219
2020 $2,035 $180,404 $74,284 $106,120
2019 $1,994 $176,868 $72,828 $104,040
2018 $1,967 $173,400 $71,400 $102,000
2017 $1,924 $170,000 $70,000 $100,000
2016 $2,305 $214,096 $63,617 $150,479
2014 $2,243 $180,000 $45,000 $135,000
Source: Public Records

Agents Affiliated with this Home

  • Dave Thurman

    Seller's Agent in 2016

    Dave Thurman

    Dave Thurman Real Estate

    (209) 608-2848

    13 Total Sales

    Dave Thurman
    Section Image

  • M

    Buyer's Agent in 2016

    Miguel Arroyo

    Advance 1 McKeever Real Estate

    Section Image
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Map

Source: MetroList

MLS Number: 16049889

MetroList

APN: 043-124-01

California San Joaquin County Lodi 95240 Downtown Lodi

400 E Oak St, Lodi, CA

Not Listed for Sale

MultiFamily

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