NOT LISTED FOR SALE

Estimated Value: $531,000 - $760,000

8 Beds
4 Baths
2,880 Sq Ft
$230/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $505,000 $175 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,978/month

155 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating
  • 1-Story Property
  • No HOA

About This Home

As of December 2018

Fourplex in Heart of Lodi, Walking Distance to Downtown Lodi, Long term tenants, Four 2 Bedroom Units with wash/dry hookups in unit..

Last Agent to Sell the Property

Marisol Franco

Casa Grande Realty License #01450269 Listed on: 06/21/2018

Last Buyer's Agent

Erica Misasi

Dudum Real Estate Group License #02027240

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,146

Year Built

  • Built in 1980

Lot Details

  • 8,499

Parking

  • 1 Car Garage
  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Dishwasher
  • Washer and Dryer Hookup

Additional Features

  • 8,499 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity trash collection water
  • Assessor Parcel Number 043-190-24

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,146

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1980
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Two Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher
  • Other Equipment: None
  • Flooring: Carpet,Laminate,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 525000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 4
  • Garage Spaces: 1
  • Parking Features: Carport,1 Space Per Unit
  • Total Parking Spaces: 4

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: Fourplex
  • Lot Size Acres: 0.1951
  • Lot Size Sq Ft: 8499

Rental Info

  • Tenant Pays: Electricity,Trash Collection,Water
  • Total # Leasable: 4

Multi Family

  • Gross Income: 38700
  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 043-190-24

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Dec 19, 2018
Sold by
Laroza Steven and Laroza Debra
Bought by
Misasi Ryan John and Misasi Erica Karin
Seller's Agent
Marisol Franco
Casa Grande Realty
Buyer's Agent
Erica Misasi
Dudum Real Estate Group
List Price
$525,000
Sold Price
$505,000
Premium/Discount to List
-$20,000
-3.81%
Current Estimated Value
$660,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,963
Avg. Annual Appreciation
4.05%
Original Mortgage
$378,750
Outstanding Balance
$334,353
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$326,610

Purchase Details

Listed on
Feb 7, 2013
Closed on
Mar 29, 2013
Sold by
Toscano Marco A and Toscano Rachel R
Bought by
Laroza Steven and Laroza Debra
Seller's Agent
Larry Underhill
Keller Williams Realty
Buyer's Agent
Marisol Franco
Casa Grande Realty
List Price
$289,950
Sold Price
$300,000
Premium/Discount to List
$10,050
3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$225,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2000
Sold by
Mitchell Louise D and Mitchell Richard J
Bought by
Toscano Marco A and Toscano Rachel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,293
Interest Rate
7.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2000
Sold by
Mitchell Henry J Jr Tr and Mitchell Louise D
Bought by
Mitchell Richard J and Mitchell Louise D

Purchase Details

Closed on
Apr 13, 1995
Sold by
Mitchell Richard Jim and Mitchell Louise Daisy
Bought by
Railroad Flat Enterprises and Mitchell Henry J
Source: Public Records

Range of Values:

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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
Misasi Ryan John $505,000 Old Republic Title Company
Laroza Steven $300,000 Chicago Title Company
Toscano Marco A $212,000 Fidelity National Title
Mitchell Richard J -- --
Railroad Flat Enterprises -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Misasi Ryan John $378,750
Previous Owner Laroza Steven $225,000
Previous Owner Toscano Marco A $210,293
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2018 12/28/18 Sold $505,000 -3.8% $175 / Sq Ft
11/22/2018 11/22/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $525,000 +4.0% $182 / Sq Ft
11/06/2018 11/06/18 Off Market $505,000 -- --
11/06/2018 11/06/18 For Sale $525,000 0.0% $182 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $525,000 +75.0% $182 / Sq Ft
04/05/2013 04/05/13 Sold $300,000 +3.5% $78 / Sq Ft View Prior Sale
02/20/2013 02/20/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $289,950 -- $76 / 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 $6,146 $563,332 $198,560 $364,772
2024 $5,978 $552,287 $194,667 $357,620
2023 $5,900 $541,458 $190,850 $350,608
2022 $5,769 $530,842 $187,108 $343,734
2021 $5,873 $520,435 $183,440 $336,995
2020 $5,721 $515,100 $181,560 $333,540
2019 $5,606 $505,000 $178,000 $327,000
2018 $3,642 $324,674 $64,935 $259,739
2017 $3,561 $318,309 $63,662 $254,647
2016 $3,339 $312,069 $62,414 $249,655
2014 $3,252 $301,362 $60,272 $241,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18041742

MetroList

APN: 043-190-24