NOT LISTED FOR SALE

Estimated Value: $414,000 - $599,000

3 Beds
2 Baths
1,000 Sq Ft
$506/Sq Ft Est. Value

Last Sold November 25, 2013

Last sale price $185,250 $185 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $2,850/month

7 Days on Market

Highlights

  • No HOA
  • Cottage
  • 1-Story Property

About This Home

As of November 2013

This property is eligible under the Freddie Mac First Look Initiative through 10/04/13. Freddie Mac will not sell to an investor before expiration of this date. Three homes on one lot. So many variables most info needs to be discovered by agent and buyer. Square footage an estimate. All vacant. 421 (3/2) faces Oak St., 421 1/2 (1/1) faces the courtyard and 421 1/4 (1/1)faces alley. All in fair condition. 421 1/4 & 421 were slightly vandalized so we boarded all three houses.

Last Agent to Sell the Property

Stephen Howard

Central Valley Realty License #00764552 Listed on: 09/19/2013

Co-Listed By

Donna Ystilart

Central Valley Realty License #00834226

Last Buyer's Agent

Jason Spence

Century 21 Select Real Estate License #01759959

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions: 7405

Parking

  • Open Parking

Home Design

  • Cottage
  • Composition Roof

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 043-123-16

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Other
  • Year Built: 1920
  • Architectural Style: Cottage/Bungalow
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: See Remarks

Exterior Features

  • Builder Name: 1
  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,Other
  • Listing Price: 174900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Cooling: See Remarks
  • Heating: Other

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: Res
  • Lot Size Acres: 0.1722
  • Lot Dimensions: 7405
  • Lot Size Sq Ft: 7501

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Units: 3
  • Number of Vacant Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 043-123-16

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2013
Closed on
Nov 19, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Khan Kausar and Batt Mazhar Javed
Seller's Agent
Stephen Howard
Central Valley Realty
Buyer's Agent
Jason Spence
Century 21 Select Real Estate
List Price
$174,900
Sold Price
$185,250
Premium/Discount to List
$10,350
5.92%
Current Estimated Value
$506,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,250
Avg. Annual Appreciation
8.68%
Original Mortgage
$144,200
Outstanding Balance
$107,323
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$399,177

Purchase Details

Closed on
Jan 25, 2013
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 9, 2013
Sold by
Rios Salvador M and Rios Norma Y
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 28, 2006
Sold by
Rios Salvador M and Rios Norma Y
Bought by
Rios Salvador M and Rios Norma Y

Purchase Details

Closed on
Apr 21, 2004
Sold by
Ring Edwin L and Ring Esther J
Bought by
Rios Salvador M and Rios Norma Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage
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
Khan Kausar $180,500 Service Link
Federal Home Loan Mortgage Corp -- Accommodation
Wells Fargo Bank Na $170,965 Accommodation
Rios Salvador M -- None Available
Rios Salvador M $325,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Kausar $144,200
Previous Owner Rios Salvador M $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2013 11/25/13 Sold $185,250 +5.9% $185 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $174,900 -- $175 / 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 $2,359 $220,954 $73,853 $147,101
2024 $2,293 $216,622 $72,405 $144,217
2023 $2,257 $212,376 $70,986 $141,390
2022 $2,205 $208,213 $69,595 $138,618
2021 $2,243 $204,131 $68,231 $135,900
2020 $2,185 $202,039 $67,532 $134,507
2019 $2,140 $198,078 $66,208 $131,870
2018 $2,108 $194,195 $64,910 $129,285
2017 $2,060 $190,388 $63,638 $126,750
2016 $1,931 $186,654 $62,391 $124,263
2014 $1,892 $180,250 $60,250 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13056190

MetroList

APN: 043-123-16