NOT LISTED FOR SALE

Estimated Value: $599,000 - $652,000

6 Beds
2 Baths
2,434 Sq Ft
$259/Sq Ft Est. Value

Last Sold April 15, 2020

Last sale price $424,000 $174 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,725/month

4 Days on Market

Highlights

  • Contemporary Architecture
  • Covered Patio or Porch
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

As of April 2020

Fantastic opportunity to own a Duplex near wine country! You cannot beat the location of this well cared for home as it is near the beautiful and picturesque Lodi vineyards. The property is located in a peaceful neighborhood and has great proximity to great restaurants, shopping, entertainment and transit. Both units are 3 bedrooms and 1 bath and feature a garage. Each unit has a spacious floor plan with a good sized kitchen, living, and bedrooms. Newer central Heating and air Units. Tenants pay all utilities to include water. Inquiry quickly as this opportunity will not last!

Last Agent to Sell the Property

Antonio Cardenas

Coldwell Banker Realty License #02017793 Listed on: 02/18/2020

Coldwell Banker Realty

Last Buyer's Agent

Cody Reguera

Berkshire Hathaway HomeServices-Drysdale Properties License #01937060

Berkshire Hathaway HomeServices-Drysdale Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,035

Year Built

  • Built in 1965

Lot Details

  • 6,486

Parking

  • 1 Parking Space Included

Home Design

  • Duplex
  • Contemporary Architecture
  • Raised Foundation
  • Composition Roof

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • 1-Story Property
  • Covered Patio or Porch
  • 6,486 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity sewer trash collection water
  • Assessor Parcel Number 029-082-01

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,035

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1965
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Caulked/Sealed,Weather Stripped

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Structural Pest Control Report
  • Foundation: Raised
  • Listing Price: 400000.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: R-M
  • Lot Size Acres: 0.1489
  • Lot Size Sq Ft: 6486

Rental Info

  • Tenant Pays: Cable TV,Electricity,Sewer,Trash Collection,Water

Multi Family

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

Tax Info

  • Assessor Parcel Number: 029-082-01
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Apr 10, 2020
Sold by
Nelson Brad Eugene and Nelson Christine Lynne
Bought by
Stroh Dakota Reinhold
Seller's Agent
Antonio Cardenas
Coldwell Banker Realty
Buyer's Agent
Cody Reguera
Berkshire Hathaway HomeServices-Drysdale Properties
List Price
$400,000
Sold Price
$424,000
Premium/Discount to List
$24,000
6%
Current Estimated Value
$631,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,430
Avg. Annual Appreciation
7.45%
Original Mortgage
$357,000
Outstanding Balance
$315,051
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$316,379

Purchase Details

Closed on
Jun 22, 2016
Sold by
Nelson Ronald E and Nelson Mary Jean
Bought by
The Ronald & Mary Jean Nelson Living Tru

Purchase Details

Closed on
Sep 8, 1997
Sold by
Nelson Christine Lynne
Bought by
Nelson Ronald E and Nelson Mary Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,750
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Stroh Dakota Reinhold $424,000 Cornerstone Title Company
The Ronald & Mary Jean Nelson Living Tru -- None Available
Nelson Ronald E -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stroh Dakota Reinhold $357,000
Previous Owner Nelson Ronald E $100,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2020 04/15/20 Sold $424,000 +6.0% $174 / Sq Ft
02/22/2020 02/22/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $400,000 -- $164 / 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 $5,035 $463,702 $125,767 $337,935
2024 $4,897 $454,610 $123,301 $331,309
2023 $4,841 $445,697 $120,884 $324,813
2022 $4,734 $436,959 $118,514 $318,445
2021 $4,819 $428,392 $116,191 $312,201
2020 $2,150 $192,963 $45,509 $147,454
2019 $2,107 $189,180 $44,617 $144,563
2018 $2,078 $185,472 $43,743 $141,729
2017 $2,032 $181,836 $42,886 $138,950
2016 $1,905 $178,271 $42,045 $136,226
2015 $1,885 $175,594 $41,414 $134,180
2014 $1,857 $172,155 $40,603 $131,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20009748

MetroList

APN: 029-082-01