NOT LISTED FOR SALE

404 W Walnut St Lodi, CA 95240

Downtown Lodi Neighborhood

Estimated Value: $722,000 - $865,000

3 Beds
4 Baths
-- Sq Ft
8,999 Sq Ft Lot

Last Sold June 16, 2021

Last sale price $735,000

Est. 7% increase in value since last sale

Current estimated payment $4,828/month

10 Days on Market

Highlights

  • Craftsman Architecture
  • Covered Patio or Porch
  • Double Pane Windows
  • No HOA
  • Fenced Yard

About This Home

As of June 2021

Cute, fully occupied Downtown Lodi fourplex. Great location tucked in a lush, tree lined street. Walking distance to parks, downtown restaurants and shopping centers. Updated units with old world charm. One studio unit and three 1 bedroom 1 bath units. Updated dual pane windows. Ample street parking in the front and 5 off-street parking spaces in the alley. Great investment opportunity!

Last Agent to Sell the Property

Jenn San Tran

RE/MAX Grupe Gold License #01963220 Listed on: 05/23/2021

RE/MAX Grupe Gold

Last Buyer's Agent

Jeremiah Borges

Bokides-Hesseltine Real Estate License #02123804

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,655

Year Built

  • Built in 1906 | Remodeled

Lot Details

  • 8,999 Sq Ft Lot
  • Fenced Yard

Home Design

  • Quadruplex
  • Craftsman Architecture
  • Bungalow
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Property is located within a water district
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 037-300-04

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 3 Units Leased Month-To-Month
  • Maintenance Expense $369
  • Professional Management Expense $1,892

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,655

Year Built

Built in 1906 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built: 1906
  • Architectural Style: Bungalow, Craftsman
  • Levels: Two
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit, See Remarks
  • Flooring: Varies by Unit
  • Price Per Square Foot: 254.50
  • Window Features: Dual Pane Partial, See Remarks

Exterior Features

  • Construction Materials: Wood
  • Exterior Features: Fenced Yard
  • Foundation: Raised
  • Listing Price: 690000.00
  • Lot Features: Other
  • Patio And Porch Features: Covered Patio
  • Property Condition: Updated/Remodeled, Varies by Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street, Street, Uncovered

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector, Varies By Unit
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Varies by Unit
  • Heating: Varies by Unit
  • Laundry Features: Other, Washer/Dryer Hookups
  • Water Source: Water District, Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: R1
  • Irrigation: Public District
  • Lot Size Acres: 0.2066
  • Lot Size Sq Ft: 8999

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Lease/Month to Month Mix
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Maintenance Expense: 369
  • Number of Leased Units: 4
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Units Furnished: None
  • One Bedrooms Occupied: 3

Tax Info

  • Assessor Parcel Number: 037-300-04
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2021
Closed on
Jun 11, 2021
Sold by
Cruz Gladys R Salve
Bought by
Garibaldi Properties Llc
Seller's Agent
Jenn San Tran
RE/MAX Grupe Gold
Buyer's Agent
Jeremiah Borges
Bokides-Hesseltine Real Estate
List Price
$690,000
Sold Price
$735,000
Premium/Discount to List
$45,000
6.52%
Current Estimated Value
$784,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,543
Avg. Annual Appreciation
1.50%
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
Garibaldi Properties Llc $735,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2021 06/16/21 Sold $735,000 +6.5% --
06/02/2021 06/02/21 Pending -- -- --
05/23/2021 05/23/21 For Sale $690,000 +38.3% --
10/05/2018 10/05/18 Sold $499,000 -0.2% $173 / Sq Ft View Prior Sale
09/06/2018 09/06/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $499,950 0.0% $174 / Sq Ft
08/18/2018 08/18/18 Pending -- -- --
08/11/2018 08/11/18 For Sale $499,950 -- $174 / 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 $8,655 $795,586 $189,425 $606,161
2024 $8,419 $779,987 $185,711 $594,276
2023 $8,311 $764,694 $182,070 $582,624
2022 $8,127 $749,700 $178,500 $571,200
2021 $5,804 $514,252 $194,777 $319,475
2020 $5,653 $508,980 $192,780 $316,200
2019 $5,540 $499,000 $189,000 $310,000
2018 $3,327 $296,274 $134,670 $161,604
2017 $3,254 $290,466 $132,030 $158,436
2016 $3,051 $284,771 $129,441 $155,330
Source: Public Records

Agents Affiliated with this Home

  • Jenn San Tran

    Seller's Agent in 2021

    Jenn San Tran

    RE/MAX

    (209) 400-2222

    1 in this area

    40 Total Sales

    Jenn San Tran
    Section Image
  • Jeremiah Borges

    Buyer's Agent in 2021

    Jeremiah Borges

    Bokides-Hesseltine Real Estate

    (209) 327-3574

    5 in this area

    19 Total Sales

    Jeremiah Borges
    Section Image

  • L

    Seller's Agent in 2018

    Larry Underhill

    Keller Williams Realty

    Section Image
  • John DuBois

    Seller Co-Listing Agent in 2018

    John DuBois

    Advance 1 Professional Real Estate

    (209) 371-9664

    5 in this area

    91 Total Sales

    John DuBois
    Section Image
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Map

Source: MetroList

MLS Number: 221056456

MetroList

APN: 037-300-04

California San Joaquin County Lodi 95240 Downtown Lodi

404 W Walnut St, Lodi, CA

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