$700,000
SOLD JUN 16, 2023
8 Beds
8 Baths
550 Sq Ft
0.26 Acres

Recently Sold

$1,273 Per Sq Ft

364 Days on Market

Highlights

  • Gated Community
  • A-Frame Home
  • Coin Laundry
  • 0.26 Acre Lot
  • No HOA
  • Wood Siding

About This Home

As of June 2023

Beautiful Potential with this Mixed use, 3,000 sqft commercial building 2,000sq ft for Restaurant 1,000 storage attached and 7 unit apartment building on one parcel. Commercial building formerly a restaurant and zoned for multiple uses. This building is divided into two units with one unit as storage. Apartments occupied, each the same floor plan, on month to month. Good frontage visibility. Residential neighborhood with some commercial activity close by. Six blocks from downtown Stockton.

Last Agent to Sell the Property

Andrew Hernandez

RE/MAX Grupe Gold License #01030654 Listed on: 06/04/2022

RE/MAX Grupe Gold

Last Buyer's Agent

Andrew Hernandez

RE/MAX Grupe Gold License #01030654 Listed on: 06/04/2022

RE/MAX Grupe Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,831

Year Built

  • Built in 1950

Home Design

  • A-Frame Home
  • Concrete Foundation
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Window Bars With Quick Release

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range

Parking

  • 8 Parking Spaces
  • Carport
  • Off-Street Parking

Additional Features

  • 0.26 Acre Lot
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Assessor Parcel Number 149-070-05

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Building Details

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

Additional Features

  • Coin Laundry
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,831

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments,Mixed Use
  • Property Subtype 1: 5 or More Units
  • Stories: 1
  • Year Built: 1950
  • Architectural Style: A-Frame
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven, Free Standing Electric Range
  • Flooring: Varies by Unit
  • Price Per Square Foot: 153.85

Exterior Features

  • Construction Materials: Wood, Wood Siding
  • Disclosures/Documents: Preliminary Title Report, Estoppel Certificate, Natural Hazard Disclosure Available
  • Foundation: Concrete
  • Listing Price: 700000.00
  • Lot Features: Curbs/Gutters, Sidewalk

Garage/Parking

  • Parking Features: Off Street, Carport, Covered, Varies by Unit
  • Total Parking Spaces: 8.00

Utilities

  • Security: Unguarded Gate, Window Bars w/Quick Release
  • Sewer: Public Sewer
  • Utilities: Electric
  • Cooling: Wall Unit(s)
  • Heating: Varies by Unit
  • Laundry Features: Coin Operated, Washer/Dryer Leased, In Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: Mixed Use
  • Irrigation: See Remarks
  • Lot Size Acres: 0.2634
  • Lot Size Sq Ft: 11475.00

Rental Info

  • Total # Leasable: 8

Multi Family

  • Income Includes: Coin Operated Equipment
  • Number of Leased Units: 7
  • Number of Month to Month Units: 7
  • Number of Units: 8
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 149-070-05
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2022
Closed on
Jun 15, 2023
Sold by
Noori Farid
Bought by
Wang Jianping
Seller's Agent
Andrew Hernandez
RE/MAX Grupe Gold
Buyer's Agent
Andrew Hernandez
RE/MAX Grupe Gold
List Price
$700,000
Sold Price
$700,000
Views
172
Current Estimated Value
$717,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,847
Avg. Annual Appreciation
0.89%

Purchase Details

Closed on
Mar 19, 2018
Sold by
Palacio Armando H and Martinez Rosemary P
Bought by
Noon Farid

Purchase Details

Closed on
Sep 18, 2013
Sold by
Palacio Amando P
Bought by
Palacio Amando P
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $700,000 Wfg National Title Insurance C
Deed -- Wfg National Title Insurance C
Grant Deed $560,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $700,000 0.0% $1,273 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $700,000 0.0% $1,273 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
12/10/2022 12/10/22 For Sale $700,000 0.0% $1,273 / Sq Ft
11/26/2022 11/26/22 Off Market $700,000 -- --
09/09/2022 09/09/22 Pending -- -- --
06/04/2022 06/04/22 For Sale $700,000 -- $1,273 / 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 $8,831 $714,000 $153,000 $561,000
2023 $7,423 $600,431 $123,302 $477,129
2022 $7,342 $588,659 $120,885 $467,774
2021 $7,055 $577,117 $118,515 $458,602
2020 $7,318 $571,200 $117,300 $453,900
2019 $3,083 $239,350 $29,849 $209,501
2018 $3,026 $234,658 $29,264 $205,394
2017 $2,867 $230,058 $28,691 $201,367
2016 $2,919 $225,548 $28,129 $197,419
2014 $2,776 $217,809 $27,164 $190,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222090123

MetroList

APN: 149-070-05