NOT LISTED FOR SALE

Estimated Value: $688,216

4 Beds
4 Baths
-- Sq Ft
9,226 Sq Ft Lot

Last Sold March 10, 2014

Last sale price $320,000

Est. 115% increase in value since last sale

Current estimated payment $4,366/month

24 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-Story Property
  • Cottage
  • Controlled Access

About This Home

As of March 2014

7 unit apartments close to downtown Manteca & new transportation complex. Property has a security fence and electric gate for access. Units have been well maintained and property has a low turnover rate. PLEASE DO NOT DISTURB TENANTS & DO NOT GO DIRECT

Last Agent to Sell the Property

Steve Roland

Roland Group Real Estate License #00578956 Listed on: 01/16/2014

Last Buyer's Agent

Steve Roland

Roland Group Real Estate License #00578956 Listed on: 01/16/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1936

Lot Details

  • 9,226 Sq Ft Lot
  • Lot Dimensions: 9224

Parking

  • Open Parking

Home Design

  • Cottage
  • Flat Roof Shape

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Free-Standing Gas Range

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 221-080-01

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 7 Leased Units
  • Insurance Expense $3,216
  • Operating Expense $18,600

Security

  • Controlled Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,640

Year Built

Built in 1936

Lot Details

9,226 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1936
  • Architectural Style: Cottage/Bungalow
  • Levels: 0
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2001

Interior Features

  • Appliances: Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Lap Siding
  • Disclosures/Documents: None
  • Listing Price: 385000.00
  • Roof: Flat

Garage/Parking

  • Parking Features: Open

Utilities

  • Security: Secured Access
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Manteca Unified

Lot Info

  • Zoning Description: ri
  • Lot Size Acres: 0.2118
  • Lot Dimensions: 9224
  • Lot Size Sq Ft: 9226

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Operating Expense: 18600
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Insurance Expense: 3216
  • Number of Leased Units: 7
  • Number of Units: 7
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 221-080-01
  • Current RE Taxes: 2640

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2014
Closed on
Mar 5, 2014
Sold by
Lai Ravi and Lai Rocki
Bought by
Manteca Unified School District
Seller's Agent
Steve Roland
Roland Group Real Estate
Buyer's Agent
Steve Roland
Roland Group Real Estate
List Price
$385,000
Sold Price
$320,000
Premium/Discount to List
-$65,000
-16.88%
Current Estimated Value
$688,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,216
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
Nov 1, 2001
Sold by
Eisner Lucille
Bought by
Lai Ravi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.84%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 15, 2000
Sold by
Olsen Eisner M Lucille and Olsen Eisner Lucille
Bought by
Eisner Lucille
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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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
Manteca Unified School District $320,000 Placer Title Company
Lai Ravi -- Placer Title Company
Lai Ravi $310,000 Alliance Title Company
Eisner Lucille -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lai Ravi $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2014 03/10/14 Sold $320,000 -16.9% --
02/08/2014 02/08/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $385,000 -- --
Source: MetroList

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
2022 -- $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $244,000 $79,000 $165,000
2016 $0 $244,000 $79,000 $165,000
2014 -- $244,000 $79,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14002763

MetroList

APN: 221-080-01

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