NOT LISTED FOR SALE

520 Sequoia Ave Manteca, CA 95337

Downtown Manteca Neighborhood

Estimated Value: $878,000 - $1,203,000

8 Beds
8 Baths
4,368 Sq Ft
$253/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $811,325 $186 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,658/month

3 Days on Market

Highlights

  • 0.38 Acre Lot
  • No HOA
  • 1-Story Property
  • Contemporary Architecture
  • Central Heating

About This Home

As of June 2018

This 4-plex is the cream of the crop for investment property! Newer units all featuring low maint. stucco exterior, tankless water heaters, central h/a. All units also feature indoor laundry, attached 2 car garages, small backyard areas, and more! Units are individually metered, tenants pay all utilities.

Last Agent to Sell the Property

Brandon Joaquin

RE/MAX Executive License #01747005 Listed on: 06/07/2018

RE/MAX Executive

Last Buyer's Agent

Maria Vieira-Lee

RE/MAX Executive License #01438271

RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 0.38

Parking

  • 4 Car Garage
  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Composition Roof

Utilities

  • Central Heating
  • 220 Volts
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 0.38 Acre Lot

Listing and Financial Details

  • Security Deposit $4,200
  • Tenant pays for cable tv electricity gas sewer trash collection water
  • Assessor Parcel Number 219-280-41

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 2006
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven,Free Standing Electric Range,Free Standing Refrigerator,Microwave,Tankless Water Heater
  • Flooring: Carpet,Laminate,Tile
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 830000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage,1+ Space Per Unit
  • Total Parking Spaces: 8

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Manteca Unified

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.3849
  • Lot Size Sq Ft: 16766

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Sewer,Trash Collection,Water
  • Total Deposit: 4200

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 2
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 219-280-41

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2022
Sold by
Lee Kevin M and Lee Maria L
Bought by
Lee Family 2010 Revocable Trust
Current Estimated Value
$1,107,118

Purchase Details

Closed on
Jun 21, 2021
Sold by
Lee Kevin M and Vieira Lee Maria
Bought by
Lee Kevin M and Vieira Lee Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jun 6, 2018
Sold by
Martinsen Steven E and Martinsen Kendra D
Bought by
Lee Kevin M and Vieira Lee Maria L
Seller's Agent
Brandon Joaquin
RE/MAX Executive
Buyer's Agent
Maria Vieira-Lee
RE/MAX Executive
List Price
$830,000
Sold Price
$811,325
Premium/Discount to List
-$18,675
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$330,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2009
Sold by
Martinsen Steven E and Martinsen Kendra
Bought by
Martinsen Steven E and Martinsen Kendra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2007
Sold by
Martinsen Steven E and Martinsen Kendra
Bought by
Martinsen Steven E and Martinsen Kendra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2006
Sold by
Martinsen Steven E and Martinsen Kendra D
Bought by
Martinsen Steven E and Martinsen Kendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2005
Sold by
Reed Patrick and Reed William Herold
Bought by
Martinsen Steven E and Martinsen Kendra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.46%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Family 2010 Revocable Trust -- --
Lee Kevin M -- North American Title Co Inc
Lee Kevin M $811,500 First American Title Company
Martinsen Steven E -- First American Title Company
Martinsen Steve E -- First American Title Company
Martinsen Steven E -- First Amer Title Co
Martinsen Steven E -- First Amer Title Co Stockton
Martinsen Steven E $299,000 First Amer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Kevin M $330,000
Previous Owner Lee Kevin M $330,000
Previous Owner Martinsen Steve E $500,000
Previous Owner Martinsen Steven E $75,000
Previous Owner Martinsen Steven E $525,000
Previous Owner Martinsen Steven E $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2018 06/11/18 Sold $811,325 -2.3% $186 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $830,000 -- $190 / 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
2025 $10,299 $923,142 $216,184 $706,958
2024 $10,011 $905,043 $211,946 $693,097
2023 $9,890 $887,298 $207,791 $679,507
2022 $9,743 $869,901 $203,717 $666,184
2021 $9,637 $852,845 $199,723 $653,122
2020 $9,247 $844,102 $197,676 $646,426
2019 $9,127 $827,551 $193,800 $633,751
2018 $7,667 $690,000 $150,000 $540,000
2017 $7,706 $690,000 $150,000 $540,000
2016 $3,693 $330,000 $75,000 $255,000
2015 $4,954 $440,000 $100,000 $340,000
2014 $4,717 $440,000 $110,000 $330,000
Source: Public Records

Agents Affiliated with this Home

  • Brandon Joaquin

    Seller's Agent in 2018

    Brandon Joaquin

    RE/MAX

    (209) 608-7480

    36 in this area

    160 Total Sales

    Brandon Joaquin
    Section Image
  • Maria Vieira-Lee

    Buyer's Agent in 2018

    Maria Vieira-Lee

    RE/MAX

    (209) 765-7585

    1 in this area

    30 Total Sales

    Maria Vieira-Lee
    Section Image
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Map

Source: MetroList

MLS Number: 18038250

MetroList

APN: 219-280-41

California San Joaquin County Manteca 95337 Downtown Manteca

520 Sequoia Ave, Manteca, CA

Not Listed for Sale

MultiFamily

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