NOT LISTED FOR SALE

Estimated Value: $237,000 - $316,469

2 Beds
2 Baths
1,400 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 25, 2019

Last sale price $140,000 $100 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,607/month

3 Days on Market

Highlights

  • A-Frame Home
  • Floor Furnace
  • 1-Story Property
  • No HOA

About This Home

As of February 2019

Attention Investors!!! Cheapest Duplex on the Market! Great Bones! Parking! Each unit has their own garage! This duplex has SEPARATE WATER METERS!! NO MORE PAYING WATER OR GARBAGE! Needs work and remodeling.. As Is. GREAT opportunity to do some fixing, raise the rents, and make a solid return.. Possible 12% Cash on Cash Return!! Rare in this market!! Don't miss out!!!

Last Agent to Sell the Property

Brian Lewis

Titan Real Estate &Development License #01858208 Listed on: 01/15/2019

Last Buyer's Agent

Linda Navarro

Docter & Docter, Realtors License #01223127

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,930

Year Built

  • Built in 1937

Lot Details

  • 3,498

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • A-Frame Home
  • Composition Roof

Utilities

  • Window Unit Cooling System
  • Floor Furnace

Additional Features

  • 1-Story Property
  • 3,498 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity water
  • Assessor Parcel Number 137-190-16

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,930

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1937
  • Architectural Style: A-Frame
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Oven,Built-In Gas Range
  • Other Equipment: None
  • Flooring: Carpet,Tile

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: None
  • Listing Price: 159995.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage,Street,1 Space Per Unit

Utilities

  • Cooling: Window Unit(s)
  • Heating: Floor Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: Multi
  • Lot Size Acres: 0.0803
  • Lot Size Sq Ft: 3498

Rental Info

  • Tenant Pays: Electricity,Water
  • Total # Leasable: 2

Multi Family

  • Gross Income: 9600
  • Income Includes: See Remarks
  • Existing Lease Type: See Remarks
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 137-190-16

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2021
Sold by
Guzman Joel Oropeza and Guzman Joel O
Bought by
Guzman Joel Oropeza and Guzman Lillian Bonnie
Current Estimated Value
$264,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Outstanding Balance
$197,801
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$85,151

Purchase Details

Listed on
Jan 15, 2019
Closed on
Feb 20, 2019
Sold by
Guzman Lillian
Bought by
Guzman Joel O
Seller's Agent
Brian Lewis
Titan Real Estate &Development
Buyer's Agent
Linda Navarro
Docter & Docter, Realtors
List Price
$159,995
Sold Price
$140,000
Premium/Discount to List
-$19,995
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.51%

Purchase Details

Closed on
Jun 4, 2015
Sold by
Lewis Courtney
Bought by
Waldon Amber

Purchase Details

Listed on
Sep 23, 2013
Closed on
Oct 23, 2013
Sold by
Lewis Brian
Bought by
Lewis Courtney
Seller's Agent
Dennis Calvird
PMA Realtors
Buyer's Agent
Brian Lewis
Titan Real Estate &Development
List Price
$79,000
Sold Price
$70,000
Premium/Discount to List
-$9,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%
Original Mortgage
$75,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage
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
Guzman Joel Oropeza -- North American Title Co Inc
Guzman Joel O -- North American Title Concord
Waldon Amber -- North American Title Co Inc
Lewis Courtney -- North American Title Company
Lewis Courtney $70,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman Joel Oropeza $213,500
Previous Owner Lewis Courtney $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2019 02/25/19 Sold $140,000 -12.5% $100 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $159,995 +128.6% $114 / Sq Ft
10/30/2013 10/30/13 Sold $70,000 -11.4% $58 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
09/20/2013 09/20/13 For Sale $79,000 -- $66 / 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 $1,930 $153,106 $38,275 $114,831
2023 $2,539 $150,105 $37,525 $112,580
2022 $1,854 $147,163 $36,790 $110,373
2021 $1,782 $144,278 $36,069 $108,209
2020 $2,152 $142,800 $35,700 $107,100
2019 $1,128 $86,214 $26,906 $59,308
2018 $1,108 $84,525 $26,379 $58,146
2017 $1,050 $82,868 $25,862 $57,006
2016 $1,069 $81,243 $25,355 $55,888
2015 $957 $71,399 $20,400 $50,999
2014 $909 $70,000 $20,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19003029

MetroList

APN: 137-190-16