NOT LISTED FOR SALE

Estimated Value: $531,058 - $710,000

12 Beds
12 Baths
4,900 Sq Ft
$130/Sq Ft Est. Value

Last Sold June 04, 2014

Last sale price $297,000 $61 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,916/month

39 Days on Market

Highlights

  • Tile Flooring
  • Guest Parking
  • Forced Air Heating and Cooling System

About This Home

As of June 2014

4-plex investment property. All units are 2 stories, 3 bedrooms and 2.5 bathrooms. 1225 sqft per unit with enclosed patio. Central heat/AC, Tile floors/Laminate hardwood floor through out for each unit. 3 units renting out and about to fill up another unit. Rent fees $850(A) $800(B,C,D)

Last Agent to Sell the Property

Julia Wang

Giant Realty Inc. License #01334292 Listed on: 03/23/2014

Last Buyer's Agent

Karen Funk

1st Choice Realty & Associates License #01717918

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,586

Year Built

  • 1966

Lot Details

  • 7,841

Parking

  • Guest Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4,900 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Flooring

  • Laminate
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $38,400
  • The owner pays for electric, garbage, water

Community Details

Overview

  • 4,900 Sq Ft Building

Building Details

  • Insurance Expense $1,145
  • Maintenance Expense $2,400
  • Other Expense $536
  • Utility Expense $960
  • Trash Expense $1,620
  • Operating Expense $12,355
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,586

Year Built

1966

Lot Details

0

Listing Details

  • Zoning: RH
  • Subclass: Fourplex
  • Age: 48
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 60.61
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 4900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Kitchen: Oven Range
  • Living Sq Ft: 4900
  • Stories: 2
  • Laundry: Laundry - No
  • Flooring: Tile, Laminate, Vinyl / Linoleum

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, Spaces Per Unit - 1

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Storage Area(s)

Schools

  • School District: Stockton Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7920.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7920.00
  • Lot Size Area Min Search: 7920.00
  • Maximum Lot Size: 7920.00

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 8.85

Multi Family

  • Expense Insurance: 1145
  • Expense Maintenance: 2400
  • Expenses Other: 536
  • Expenses Total: 12355
  • Expenses Utility: 960
  • Expense Trash: 1620
  • Expense Water Sewer: 3840
  • Income Annual Gross: 38400.00
  • Income Annual Rental: 38400
  • Income Gross Scheduled: 38400
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Management, Fee - Property Tax
  • Owner Pays: Electric, Garbage, Water
  • Tenant Expenses: Cable Tv, Utilities - Electric

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2014 06/04/14 Sold $297,000 -12.6% $61 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
03/23/2014 03/23/14 For Sale $340,000 -- $69 / Sq Ft
Source: MLSListings

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 $6,586 $530,603 $106,120 $424,483
2024 $6,482 $520,200 $104,040 $416,160
2023 $6,337 $510,000 $102,000 $408,000
2022 $4,125 $328,090 $87,490 $240,600
2021 $3,964 $321,658 $85,775 $235,883
2020 $4,041 $318,361 $84,896 $233,465
2019 $4,025 $312,120 $83,232 $228,888
2018 $3,951 $306,000 $81,600 $224,400
2017 $3,911 $313,703 $79,218 $234,485
2016 $3,983 $307,553 $77,665 $229,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81409317

MLSListings

APN: 104-100-08