NOT LISTED FOR SALE

Estimated Value: $142,000 - $291,000

3 Beds
2 Baths
1,308 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 16, 2013

Last sale price $45,000 $34 Per Sq Ft

Est. 429% increase in value since last sale

Current estimated payment $1,298/month

7 Days on Market

About This Home

As of January 2013

Great opportunity to own an investment property. This lot consists of two units and both require some repairs. First unit street address is 541 E. 7th Street. This unit offers 1 bedrooms, 1 bathroom and approximately 500 square feet. Second unit street address is 2049 S. American Street. This unit offers 2 bedrooms, 1 bathroom and approximately 808 square feet.

Last Agent to Sell the Property

Matthew Chelli

Advanced Realty Group License #01471800 Listed on: 12/21/2012

Last Buyer's Agent

Matthew Chelli

Advanced Realty Group License #01471800 Listed on: 12/21/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions: 0.1

Parking

  • Open Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Disposal

Utilities

  • No Cooling
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv electricity gas water
  • Assessor Parcel Number 167-220-02

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1915
  • Stories: 1
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 40950.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Cooling: None
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: Duplex
  • Lot Size Acres: 0.1000
  • Lot Dimensions: .10 acre
  • Lot Size Sq Ft: 4356

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,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: 167-220-02

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2012
Closed on
Jan 8, 2013
Sold by
Wells Fargo Bank Na
Bought by
Ajmal Mohammed
Seller's Agent
Matthew Chelli
Advanced Realty Group
Buyer's Agent
Matthew Chelli
Advanced Realty Group
List Price
$40,950
Sold Price
$45,000
Premium/Discount to List
$4,050
9.89%
Current Estimated Value
$237,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,978
Avg. Annual Appreciation
13.64%

Purchase Details

Closed on
Nov 8, 2012
Sold by
Ruiz Andres and Ruiz Susana
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 4, 2004
Sold by
Ruiz Andres
Bought by
Ruiz Andres and Ruiz Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,150
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2002
Sold by
Parker Kenneth W
Bought by
Ruiz Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.35%
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
Ajmal Mohammed $45,000 Ticor Title Company Of Calif
Wells Fargo Bank Na $253,566 None Available
Ruiz Andres -- Alliance Title Co
Ruiz Andres $130,000 Alliance Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruiz Andres $149,150
Previous Owner Ruiz Andres $96,000
Closed Ruiz Andres $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2013 01/16/13 Sold $45,000 +9.9% $34 / Sq Ft
12/28/2012 12/28/12 Pending -- -- --
12/21/2012 12/21/12 For Sale $40,950 -- $31 / Sq Ft
Source: MetroList

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 $717 $55,406 $18,468 $36,938
2024 $707 $54,320 $18,106 $36,214
2023 $690 $53,255 $17,751 $35,504
2022 $684 $52,211 $17,403 $34,808
2021 $658 $51,188 $17,062 $34,126
2020 $670 $50,665 $16,888 $33,777
2019 $667 $49,672 $16,557 $33,115
2018 $655 $48,699 $16,233 $32,466
2017 $622 $47,745 $15,915 $31,830
2016 $632 $46,810 $15,603 $31,207
2015 $631 $46,108 $15,369 $30,739
2014 $600 $45,205 $15,068 $30,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12073402

MetroList

APN: 167-220-02