$50,000
SOLD DEC 28, 2012
4 Beds
2 Baths
1,964 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

67% Above List Price

19 Days on Market

About This Home

As of August 2018

Investment opportunity located in downtown Stockton. Could be a perfect income producing property with a little sweat equity. Both units are 2 bedroom, 1 bath. Property is in need of repair. Excellent opportunity to obtain a great portfolio piece. Day 1-7: Offers not reviewed Day 8-12: Offers from NSP buyers, Municipalities, Non-profit organizations and Owner-occupants reviewed Day 13+: Seller will consider all offers.

Last Agent to Sell the Property

Brian Cable

Cable Properties & Investments, Inc. License #01337987 Listed on: 12/05/2012

Last Buyer's Agent

Stacy Maggard

Fathom Realty Group, Inc. License #01368491

Fathom Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,435

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions: 50

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 2-Story Property
  • No Cooling

Listing and Financial Details

  • Tenant pays for electricity gas sewer trash collection water
  • Assessor Parcel Number 137-213-12

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,435

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1900
  • Stories: 2
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: See Remarks

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 29900.00
  • Patio And Porch Features: Uncovered Deck,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Open,Street

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: None
  • Heating: See Remarks

Condo/Co-op/Association

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

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: res
  • Lot Size Acres: 0.1100
  • Lot Dimensions: 50'x102'x50'x103'
  • Lot Size Sq Ft: 4792

Rental Info

  • Tenant Pays: Electricity,Gas,Sewer,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 137-213-12

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Jul 31, 2018
Sold by
Prosperous Investment Properties Llc
Bought by
Arterberry Haley Ashley
Seller's Agent
Janet Ramirez
BHGRE Integrity Real Estate
Buyer's Agent
Mawuko Tugbenyoh
KELLER WILLIAMS RLTY EAST BAY
List Price
$249,888
Sold Price
$250,000
Premium/Discount to List
$112
0.04%
Current Estimated Value
$352,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,825
Avg. Annual Appreciation
6.10%
Original Mortgage
$237,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2013
Sold by
Zhang Shuqin
Bought by
Prosperous Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
3.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 5, 2012
Closed on
Dec 28, 2012
Sold by
Gong Encong
Bought by
Zhang Shuqin
Seller's Agent
Brian Cable
Cable Properties & Investments, Inc.
Buyer's Agent
Stacy Maggard
Fathom Realty Group, Inc.
List Price
$29,900
Sold Price
$50,000
Premium/Discount to List
$20,100
67.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.46%

Purchase Details

Listed on
Dec 5, 2012
Closed on
Dec 26, 2012
Sold by
Wells Fargo Bank Na
Bought by
Zhang Shuqin
Seller's Agent
Brian Cable
Cable Properties & Investments, Inc.
Buyer's Agent
Stacy Maggard
Fathom Realty Group, Inc.
List Price
$29,900
Sold Price
$50,000
Premium/Discount to List
$20,100
67.22%

Purchase Details

Closed on
Oct 15, 2012
Sold by
Platz Ellamae H
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 4, 2005
Sold by
Platz Ellamae H
Bought by
Platz Ellamae Hylton and Platz Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
5.64%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 9, 2004
Sold by
Mcminn Richard M
Bought by
Platz Ellamae H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
5.64%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 11, 2003
Sold by
Augustin Daren S and Augustin Donna L
Bought by
Mcminn Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 1994
Sold by
Augustin Daren S
Bought by
Augustin Daren S and Augustin Donna L
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $250,000 First American Title Company
Grant Deed -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $50,000 Chicago Title Company
Trustee Deed $84,525 Accommodation
Interfamily Deed Transfer -- Alliance Title Co
Grant Deed -- Alliance Title Co
Grant Deed $150,000 Chicago Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
Closed $237,500 New Conventional
Previous Owner $1,160,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $123,500 Purchase Money Mortgage
Previous Owner $234,500 Stand Alone First
Previous Owner $60,900 Credit Line Revolving
Previous Owner $142,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $250,000 0.0% $127 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $249,888 +399.8% $127 / Sq Ft
12/28/2012 12/28/12 Sold $50,000 +67.2% $25 / Sq Ft
12/24/2012 12/24/12 Pending -- -- --
12/05/2012 12/05/12 For Sale $29,900 -- $15 / 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 $3,435 $273,408 $60,149 $213,259
2023 $3,358 $268,048 $58,970 $209,078
2022 $3,282 $262,793 $57,814 $204,979
2021 $3,154 $257,641 $56,681 $200,960
2020 $3,216 $255,000 $56,100 $198,900
2019 $3,203 $250,000 $55,000 $195,000
2018 $1,273 $97,402 $32,467 $64,935
2017 $1,207 $95,493 $31,831 $63,662
2016 $1,228 $93,621 $31,207 $62,414
2014 $1,166 $90,408 $30,136 $60,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12071033

MetroList

APN: 137-213-12