NOT LISTED FOR SALE

4046 Section Ave Stockton, CA 95215

Estimated Value: $316,000 - $555,456

6 Beds
4 Baths
3,200 Sq Ft
$148/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $500,000 $156 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,078/month

69 Days on Market

Highlights

  • RV or Boat Parking
  • Level Lot
  • 1-Story Property
  • No HOA
  • Wood Siding

About This Home

As of December 2022

This Fourplex two 2 bedroom units, two 1 bedroom units and a 29,000 sf lot. One unit has been recently updated and generates $4,200 a month in income. There is upside potential for increasing rents or you could live in one and rent the others out.

Last Agent to Sell the Property

Lance McHan

Cornerstone Real Estate Group License #01987449 Listed on: 08/13/2022

Last Buyer's Agent

Sam Gonzlez

Platinum Realty Group License #01928054

Platinum Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 0.67 Acre Lot
  • Level Lot

Home Design

  • Quadruplex
  • Garden Apartment
  • Raised Foundation
  • Slab Foundation
  • Wood Siding
  • Stucco

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 10 Parking Spaces
  • Off-Street Parking
  • RV or Boat Parking

Additional Features

  • 1-Story Property
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 173-110-22

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Garden Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 1
  • Year Built: 1946
  • Levels: One
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Flooring: Varies by Unit
  • Price Per Square Foot: 156.25

Exterior Features

  • Construction Materials: Stucco, Wood Siding
  • Foundation: Raised, Slab
  • Listing Price: 525000.00
  • Lot Features: None
  • Topography: Level

Garage/Parking

  • Parking Features: Off Street, RV Storage
  • Total Parking Spaces: 10.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Varies by Unit
  • Electric: 220 Volts
  • Heating: Varies by Unit
  • Laundry Features: Varies by Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: RL
  • Irrigation: Other
  • Lot Size Acres: 0.6703
  • Lot Size Sq Ft: 29198.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 173-110-22
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2022
Closed on
Nov 21, 2022
Sold by
Paredes Patino Sandra L
Bought by
Rojas Jhovani
Seller's Agent
Lance McHan
Cornerstone Real Estate Group
Buyer's Agent
Sam Gonzlez
Platinum Realty Group
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%
Views
105
Current Estimated Value
$472,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,636
Avg. Annual Appreciation
-1.84%
Original Mortgage
$375,000
Outstanding Balance
$363,372
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$108,992

Purchase Details

Listed on
Aug 13, 2022
Closed on
Nov 8, 2022
Sold by
Paredes Maria J
Bought by
Paredes Jose
Seller's Agent
Lance McHan
Cornerstone Real Estate Group
Buyer's Agent
Sam Gonzlez
Platinum Realty Group
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%
Views
105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$363,372
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$108,992

Purchase Details

Closed on
Sep 7, 2004
Sold by
Powers Stanley and Powers Saundra
Bought by
Powers Stanley and Powers Saundra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 17, 2003
Sold by
Mershon Jimmie
Bought by
Powers Stanley and Powers Sandra
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
Rojas Jhovani -- Doma Title
Rojas Jhovani $500,000 Doma Title
Paredes Jose -- Doma Title
Powers Stanley -- Fidelity Natl Title Ins Co
Powers Stanley $70,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rojas Jhovani $375,000
Closed Rojas Jhovani $375,000
Previous Owner Powers Stanley $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2022 12/02/22 Sold $500,000 0.0% $156 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/15/2022 10/15/22 Off Market $500,000 -- --
10/01/2022 10/01/22 Price Changed $525,000 -4.5% $164 / Sq Ft
09/22/2022 09/22/22 Price Changed $550,000 -4.3% $172 / Sq Ft
09/16/2022 09/16/22 For Sale $575,000 0.0% $180 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/13/2022 08/13/22 For Sale $575,000 -- $180 / 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 $7,239 $520,200 $208,080 $312,120
2024 $7,425 $510,000 $204,000 $306,000
2023 $2,773 $128,215 $81,990 $46,225
2022 $2,298 $125,702 $80,383 $45,319
2021 $2,021 $123,238 $78,807 $44,431
2020 $3,893 $121,975 $77,999 $43,976
2019 $5,335 $101,224 $76,470 $24,754
2018 $2,789 $99,240 $74,971 $24,269
2017 $1,720 $97,295 $73,501 $23,794
2016 $1,868 $95,387 $72,060 $23,327
2014 $2,151 $92,114 $69,587 $22,527
Source: Public Records

Agents Affiliated with this Home

  • Lance McHan

    Seller's Agent in 2022

    Lance McHan

    Cornerstone Real Estate Group

    (209) 986-9292

    196 Total Sales

    Lance McHan
    Section Image
  • Sam Gonzlez

    Buyer's Agent in 2022

    Sam Gonzlez

    Platinum Realty Group

    (209) 712-4769

    18 Total Sales

    Sam Gonzlez
    Section Image
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Map

Source: MetroList

MLS Number: 222107921

MetroList

APN: 173-110-22

California San Joaquin County Stockton 95215

4046 Section Ave, Stockton, CA

Not Listed for Sale

MultiFamily

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