NOT LISTED FOR SALE

439 Tami Place Manteca, CA 95337

Estimated Value: $536,000 - $600,000

4 Beds
2 Baths
1,900 Sq Ft
$303/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $550,000 $289 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,621/month

17 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Air
  • Sierra High School Rated A-
  • Landscaped
  • 2 Car Garage

About This Home

As of August 2023

Well-maintained duplex presents an exceptional turnkey income opportunity With one unit currently vacant and the other tenant-occupied, this investment promises immediate returns and long-term potential. Each unit in this duplex offers 2 bedrooms and 1 bathroom. The vacant unit provides opportunity for the new owner to move in or rent out. Meanwhile, the tenant-occupied unit generates steady rental income, contributing to a positive cash flow from day one. Located in Manteca, this duplex is conveniently situated near a variety of amenities. Within close proximity, you'll find shopping centers, restaurants, parks, and recreational facilities, providing convenient options for both tenants and residents. Easy access to major highways and public transportation. Additionally, the property is within proximity to schools, making it an attractive option for families. If you're looking for a well-maintained duplex with great income potential in a desirable location, 439 Tami Place is an excellent choice.

Last Agent to Sell the Property

Paul Lopez

PropertySourced License #01393330 Listed on: 07/11/2023

Last Buyer's Agent

Gary Singh

Crossroads RE Central Valley, Inc License #01717728

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,078

Year Built

  • Built in 1979

Lot Details

  • 5,998 Sq Ft Lot
  • Landscaped

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Concrete Foundation
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • 1-Story Property
  • Central Air

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Assessor Parcel Number 222-090-30

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,078

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1979
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Price Per Square Foot: 305.56

Exterior Features

  • Construction Materials: Wood
  • Foundation: Concrete
  • Listing Price: 575000.00
  • Lot Features: Landscape Back, Landscape Front, Other

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached, Street, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Central
  • Heating: Other
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Manteca Unified

Lot Info

  • Zoning Description: Single Family Res
  • Irrigation: Public District
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 5998.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water
  • Lease Term: Less Than 12 Months
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 222-090-30
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Aug 8, 2023
Sold by
Arevalo Tonia Rene
Bought by
Sucha Singh Family 2008 Trust and Mehroke
Seller's Agent
Paul Lopez
PropertySourced
Buyer's Agent
Gary Singh
Crossroads RE Central Valley, Inc
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Total Days on Market
17
Views
74
Current Estimated Value
$575,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,814
Avg. Annual Appreciation
4.09%
Original Mortgage
$250,000
Outstanding Balance
$245,423
Interest Rate
6.71%
Mortgage Type
Seller Take Back
Estimated Equity
$351,684

Purchase Details

Closed on
Jul 22, 2022
Sold by
Eldon L Buck Family Trust
Bought by
Arevalo Tonia Buck

Purchase Details

Closed on
Jun 27, 2000
Sold by
Buck Eldon and Buck M
Bought by
Buck Eldon Lambert and Buck Mary Frances
Source: Public Records

Range of Values:

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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
Sucha Singh Family 2008 Trust $550,000 First American Title
Arevalo Tonia Buck -- None Listed On Document
Buck Eldon Lambert -- --
Buck Eldon Lambert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sucha Singh Family 2008 Trust $250,000
Previous Owner Buck Eldon $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $550,000 -4.3% $289 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $575,000 0.0% $303 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $575,000 -- $303 / 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
2024 $6,078 $550,000 $155,000 $395,000
2023 $1,939 $172,605 $56,452 $116,153
2022 $1,910 $169,222 $55,346 $113,876
2021 $1,890 $165,905 $54,261 $111,644
2020 $1,814 $164,205 $53,705 $110,500
2019 $1,791 $160,986 $52,652 $108,334
2018 $1,767 $157,830 $51,620 $106,210
2017 $1,742 $154,736 $50,608 $104,128
2016 $1,700 $151,702 $49,615 $102,087
2014 $1,578 $146,497 $47,913 $98,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223064703

MetroList

APN: 222-090-30