NOT LISTED FOR SALE

Estimated Value: $448,000 - $548,000

6 Beds
3 Baths
2,025 Sq Ft
$240/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $330,000 $163 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,116/month

24 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property

About This Home

As of May 2019

Positive cash flow or live for free, your choice. Don't miss this opportunity to own a rental property and/or live in one and let renters pay the mortgage. Here is a nice 3-unit building in good condition , with 3 two bedroom units , central Heat and AC, 3 carports , individual storage with washer/dryer hook ups,fenced front yard and back patio. Located close to shopping , free-way and more.

Last Agent to Sell the Property

Efren Rivera

PMZ Real Estate License #01725501 Listed on: 08/14/2018

PMZ Real Estate

Co-Listed By

Darrell Isaacs

Genesis Real Estate Group License #00556614

Last Buyer's Agent

Efren Rivera

PMZ Real Estate License #01725501 Listed on: 08/14/2018

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,786

Year Built

  • Built in 1965

Lot Details

  • 7,501

Home Design

  • Triplex
  • Composition Roof

Parking

  • 3 Parking Spaces
  • 1 Parking Space Included
  • 3 Covered Spaces

Additional Features

  • 1-Story Property
  • 7,501 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 155-340-11

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Leased Units
  • 1 Vacant Unit
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,786

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1965
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Two Bedroom Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range,Gas Cook Top,Gas Water Heater
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Transfer Disclosure Statement
  • Listing Price: 330000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 3
  • Parking Features: Carport,1 Space Per Unit
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central
  • Heating: See Remarks

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: R-3
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7501

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 3

Multi Family

  • Gross Income: 35000
  • Income Includes: Rent Only
  • Existing Lease Type: Other
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 3
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 155-340-11

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
May 13, 2019
Sold by
Owens Donald A
Bought by
Jaffer Mohammad Jawad and Khader Ambarene
Seller's Agent
Efren Rivera
PMZ Real Estate
Buyer's Agent
Efren Rivera
PMZ Real Estate
List Price
$324,900
Sold Price
$330,000
Premium/Discount to List
$5,100
1.57%
Current Estimated Value
$486,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,285
Avg. Annual Appreciation
6.25%
Original Mortgage
$220,500
Outstanding Balance
$193,470
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$292,815

Purchase Details

Closed on
Jan 25, 2005
Sold by
Owens Donald A and Payne Phyllis D
Bought by
Owens Donald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1997
Sold by
Dillard Ethel and Dillard Major
Bought by
Owens Donald A and Payne Phyllis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.57%
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
Jaffer Mohammad Jawad $330,000 North American Title Co Inc
Owens Donald A $96,000 Old Republic Title Co
Owens Donald A $80,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaffer Mohammad Jawad $220,500
Previous Owner Owens Donald A $204,000
Previous Owner Owens Donald A $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2019 05/30/19 Sold $330,000 0.0% $163 / Sq Ft
04/30/2019 04/30/19 Off Market $330,000 -- --
03/19/2019 03/19/19 Price Changed $330,000 0.0% $163 / Sq Ft
02/11/2019 02/11/19 Off Market $330,000 -- --
09/06/2018 09/06/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $324,900 -- $160 / 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 $6,786 $368,114 $89,238 $278,876
2024 $6,611 $360,897 $87,489 $273,408
2023 $6,277 $353,822 $85,774 $268,048
2022 $8,982 $346,886 $84,093 $262,793
2021 $4,686 $340,086 $82,445 $257,641
2020 $4,251 $336,600 $81,600 $255,000
2019 $3,195 $247,801 $61,169 $186,632
2018 $3,136 $242,943 $59,970 $182,973
2017 $2,971 $238,181 $58,795 $179,386
2016 $3,025 $233,512 $57,642 $175,870
2014 $2,873 $225,500 $55,664 $169,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18055788

MetroList

APN: 155-340-11