NOT LISTED FOR SALE

Estimated Value: $595,000 - $642,010

7 Beds
4 Baths
2,938 Sq Ft
$211/Sq Ft Est. Value

Last Sold December 26, 2024

Last sale price $660,000 $225 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,753/month

79 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 3 Car Attached Garage
  • Security Fence

About This Home

As of December 2024

Exceptional starter investment property located in the Ponce de Leon neighborhood of Stockton. All 3 units had recent interior renovations, with established long-term stable tenants. Units were renovated with high-wearing, easy-to-maintain materials. Central air/heat to all units with separate meters for gas, electricity, and water. Central and convenient location just off Hammer Ln, close to Highway 5, shopping, grocery, restaurants and more. Shown by appointment only.

Last Agent to Sell the Property

Wallace Chane

Metis Real Estate, Inc. License #01517596 Listed on: 08/27/2024

Co-Listed By

Jessica Alves

Coldwell Banker Realty License #02071903

Last Buyer's Agent

Jamie Wisner-Fisher

BHG REAL ESTATE ROYAL & ASSOC. License #02056315

Property Details

Home Type

  • Multi-Family

Year Built

  • 1974

Lot Details

  • 7,000 Sq Ft Lot
  • Security Fence

Parking

  • 3 Car Attached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,938 Sq Ft Home
  • 1-Story Property
  • Fireplace

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $59,760

Community Details

Overview

  • 2,938 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $200
  • Insurance Expense $2,000
  • Maintenance Expense $500
  • Utility Expense $4,080
  • Trash Expense $1,653
  • Operating Expense $13,737
  • Gross Income $59,760

Property Details

Home Type

Multi-Family

Year Built

1974

Lot Details

7,000 Sq Ft Lot

Parking

3

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2938
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1974

Interior Features

  • Living Sq Ft: 2938
  • Stories: 1
  • Security: Security Fence

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Fireplace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 11.04
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2000
  • Expense Landscape: 200
  • Expense Maintenance: 500
  • Expenses Total: 13737
  • Expenses Utility: 4080
  • Expense Trash: 1653
  • Income Annual Gross: 59760.00
  • Income Annual Rental: 59760
  • Income Gross Scheduled: 59760
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Maintenance - Repair, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Dec 10, 2024
Sold by
Chane Trust and Chane Ming E
Bought by
Fisher Robert and Wisner-Fisher Jamie
Seller's Agent
Wallace Chane
Metis Real Estate, Inc.
Buyer's Agent
Jamie Wisner-Fisher
BHG REAL ESTATE ROYAL & ASSOC.
List Price
$660,000
Sold Price
$660,000
Views
68
Current Estimated Value
$620,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,247
Avg. Annual Appreciation
-4.79%
Original Mortgage
$495,000
Outstanding Balance
$491,099
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$129,654

Purchase Details

Closed on
May 31, 2018
Sold by
Singh Kamal D and Devi Uma
Bought by
Chane Ming E and Chane Louisa Sar Ping

Purchase Details

Closed on
Dec 1, 2017
Sold by
Singh Kamal D
Bought by
Singh Kamal D and Devi Uma

Purchase Details

Closed on
Jun 20, 2012
Sold by
Singh Uma D
Bought by
Singh Kamal D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2012
Sold by
Rodriguez Alejandro and Rodriguez Maria
Bought by
Singh Kamal D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2003
Sold by
Aguilar Maria
Bought by
Rodriguez Alejandro and Rodriguez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2001
Sold by
Aguilar Alejandro
Bought by
Aguilar Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
7.08%

Purchase Details

Closed on
Feb 8, 2001
Sold by
Imtiaz Mohammad and Wasim Mohammad
Bought by
Aguilar Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
7.08%

Purchase Details

Closed on
Jun 15, 2000
Sold by
Wasim Khasha
Bought by
Wasim Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,775
Interest Rate
8.68%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 3, 2000
Sold by
Washington Mutual Bank Fa
Bought by
Imtiaz Mohammad and Wasim Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,775
Interest Rate
8.68%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 4, 2000
Sold by
Milford Victor B
Bought by
Washington Mutual Bank Fa
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
Fisher Robert $660,000 Old Republic Title
Chane Ming E $390,000 Fidelity National Title Comp
Singh Kamal D -- None Available
Singh Kamal D -- Fidelity National Title Co
Singh Kamal D $115,000 Fidelity National Title Co
Rodriguez Alejandro $295,000 Chicago Title Co
Aguilar Maria -- Central Valley Title Company
Aguilar Maria $147,500 Central Valley Title Company
Wasim Mohammad -- Chicago Title Co
Imtiaz Mohammad -- Chicago Title Co
Imtiaz Mohammad $103,500 Chicago Title Co
Washington Mutual Bank Fa $82,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Robert $495,000
Previous Owner Singh Kamal D $86,250
Previous Owner Rodriguez Alejandro $236,000
Previous Owner Aguilar Maria $132,750
Previous Owner Imtiaz Mohammad $92,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2024 12/26/24 Sold $660,000 0.0% $225 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $660,000 0.0% $225 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $660,000 -- $225 / Sq Ft
Source: MLSListings

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 $5,512 $443,747 $92,730 $351,017
2024 $5,426 $435,047 $90,912 $344,135
2023 $5,304 $426,518 $89,130 $337,388
2022 $5,218 $418,156 $87,383 $330,773
2021 $5,014 $409,958 $85,670 $324,288
2020 $5,112 $405,755 $84,792 $320,963
2019 $5,092 $397,800 $83,130 $314,670
2018 $1,666 $126,947 $33,117 $93,830
2017 $1,579 $124,459 $32,468 $91,991
2016 $1,607 $122,019 $31,831 $90,188
2014 $1,525 $117,833 $30,739 $87,094
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81978158

MLSListings

APN: 079-410-09

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