NOT LISTED FOR SALE

4105 Section Ave Stockton, CA 95215

Estimated Value: $495,000 - $586,000

7 Beds
4.5 Baths
10,000 Sq Ft
$55/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $520,000 $52 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,696/month

9 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Security Gate
  • Traditional Architecture
  • Bathtub with Shower
  • Family or Dining Combination

About This Home

As of September 2023

3 Houses in one LARGE lot! Introducing an extraordinary property showcasing three charming homes harmoniously situated on an expansive lot. The main house, boasting nearly 1300 square feet, features an arrangement of 3 bedrooms and 3 baths. Abundant natural light bathes the generously proportioned bedrooms, crafting a welcoming and comforting ambiance. Recent enhancements encompass new carpeting, contemporary bathroom upgrades, as well as a revitalizing interior and exterior paint scheme, collectively heightening its overall allure. All three units are currently under the occupancy of excellent tenants on month-to-month leases, generating a substantial monthly income of $4,620 all tenants have separate meters and pay for all utilities. This robust cash flow offers the potential to exceed $5,000+, presenting an ideal opportunity to reside rent-free in one unit while leasing out the others. This configuration provides a remarkable prospect for savvy investors or those seeking a unique way to optimize their living situation. Close to UOP, Miracle Mile, restaurants, and shops! Welcome HOME!

Last Agent to Sell the Property

David Hernandez

Compass License #02121693 Listed on: 08/09/2023

Compass

Last Buyer's Agent

Hector Ruiz Ramirez

eXp Realty of Northern California, Inc. License #02134442

eXp Realty of Northern California, Inc.

Home Details

Home Type

  • Single Family

Lot Details

  • 10,001 Sq Ft Lot
  • Zoning described as R-3

Home Design

  • Traditional Architecture
  • Updated or Remodeled
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 10,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family or Dining Combination
  • Carpet
  • 220 Volts In Laundry

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Bathtub with Shower

Home Security

  • Security Gate
  • Carbon Monoxide Detectors

Parking

  • No Garage
  • RV Access or Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Multiple Heating Units
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 173-190-37

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: 3+ Houses on Lot
  • Remodeled Updated: Yes
  • Stories: 1
  • Architectural Style: Traditional
  • Year Built Details: Unknown
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR,Bed 0-5YR,Other-Rmks 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet
  • Total Bathrooms: 5
  • Bathroom Features: Tub w/Shower Over
  • Dining Room Features: Dining/Family Combo
  • Kitchen Features: Granite Counter,Laminate Counter
  • Living Room Features: Other
  • Main Level: Bedroom(s),Living Room,Dining Room,Family Room,Full Bath(s),Partial Bath(s),Garage,Kitchen
  • Price Per Square Foot: 52.00
  • Square Footage: 10000.00

Exterior Features

  • Construction Materials: Stucco, Wood, Wood Siding
  • Foundation: Raised, Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 550000.00
  • Lot Features: See Remarks, Other
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Second Unit Kitchen: Yes

Garage/Parking

  • Parking Features: No Garage, RV Access, RV Possible, RV Storage, See Remarks

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, See Remarks, Security Gate
  • Sewer: In & Connected
  • Utilities: Public
  • Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s)
  • Electric: 220 Volts in Laundry
  • Heating: MultiUnits
  • Laundry Features: See Remarks
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: R-3
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.2296
  • Lot Size Sq Ft: 10001.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units: 3
  • Unit 2 Partial Bathrooms: 1
  • Unit 2 Description: Two story
  • Unit 2 Occupied: Yes
  • Unit 2 Type: Detached

Tax Info

  • Assessor Parcel Number: 173-190-37
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Sep 14, 2023
Sold by
Sher Property Holdings Llc
Bought by
Marquez Adrian and Ramirez Brandon Javier
Seller's Agent
David Hernandez
Compass
Buyer's Agent
Hector Ruiz Ramirez
eXp Realty of Northern California, Inc.
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%
Views
214
Current Estimated Value
$546,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,402
Avg. Annual Appreciation
2.18%
Original Mortgage
$433,862
Outstanding Balance
$423,722
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$122,680

Purchase Details

Closed on
May 6, 2023
Sold by
Higgins Revocable Living Trust and Higgins Timothy
Bought by
Sher Property Holdings Llc

Purchase Details

Closed on
Jun 24, 2010
Sold by
Higgins Timothy W and Higgins Rachael
Bought by
Higgins Timothy and Higgins Rachael B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Marquez Adrian $520,000 First American Title
Sher Property Holdings Llc $355,000 Wfg National Title Insurance C
Higgins Timothy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Adrian $433,862
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2023 09/19/23 Sold $520,000 -5.5% $52 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $550,000 -- $55 / 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 $10,409 $530,400 $158,100 $372,300
2024 $7,533 $520,000 $155,000 $365,000
2023 $2,107 $89,826 $32,663 $57,163
2022 $1,732 $88,066 $32,023 $56,043
2021 $1,526 $86,341 $31,396 $54,945
2020 $1,577 $85,457 $31,075 $54,382
2019 $1,259 $83,782 $30,466 $53,316
2018 $1,466 $82,140 $29,869 $52,271
2017 $1,461 $80,531 $29,284 $51,247
2016 $3,802 $78,953 $28,710 $50,243
2014 $2,226 $76,244 $27,725 $48,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223075775

MetroList

APN: 173-190-37