NOT LISTED FOR SALE

Estimated Value: $535,105 - $629,000

9 Beds
5 Baths
3,067 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 03, 2016

Last sale price $270,000 $88 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,540/month

63 Days on Market

Highlights

  • A-Frame Home
  • 3 Car Garage
  • 1-Story Property
  • Skylights

About This Home

As of February 2016

Charming 3,066 sqft, 9 bed/5 bath triplex in the Quail Lakes area of Stockton. Selling at a cap rate of at least 8% with current market. Units have been updated with new flooring, 3-tone paint, dual pane windows, and more. Enjoy features such as vaulted ceilings, fireplace, inside laundry, detached garage, and private fenced areas and patio. Close to schools, parks, shopping, freeway, and public transportation. This is an outstanding cash flow opportunity well positioned for rent growth!

Last Agent to Sell the Property

Everard Visitacion

Azealty License #01474995 Listed on: 11/16/2015

Last Buyer's Agent

Sherry Dolen

PMZ Real Estate License #01719779

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,347

Year Built

  • Built in 1977

Lot Details

  • 8,200 Sq Ft Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • A-Frame Home

Interior Spaces

  • 1-Story Property
  • Skylights

Listing and Financial Details

  • Security Deposit $2,250
  • Tenant pays for cable tv dues/fees electricity gas sewer trash collection water
  • Assessor Parcel Number 108-080-08

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • Insurance Expense $1,476
  • Operating Expense $2,064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,347

Year Built

Built in 1977

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1977
  • Architectural Style: A-Frame
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2013

Interior Features

  • Appliances: Disposal,Electric Cook Top,Free Standing Electric Range
  • Interior Amenities: Skylight(s)
  • Flooring: Laminate,Tile
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 270000.00
  • Roof: Composition,Flat

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Central,Wall Unit(s)
  • Heating: Central,Fireplace Insert

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Patios/Balcony,Yard Space
  • Association Fee: 42
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: R
  • Lot Size Acres: 0.1882
  • Lot Size Sq Ft: 8200

Rental Info

  • Tenant Pays: Cable TV,Dues/Fees,Electricity,Gas,Sewer,Trash Collection,Water
  • Total Deposit: 2250

Multi Family

  • Gross Income: 27000
  • Operating Expense: 2064
  • Income Includes: Rent Only
  • Insurance Expense: 1476
  • Number of Leased Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 108-080-08
  • Current RE Taxes: 3347

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2017
Sold by
Tang Evan
Bought by
Tang Evan and The Evan Tang Living Trust
Current Estimated Value
$598,276

Purchase Details

Listed on
Nov 16, 2015
Closed on
Jan 28, 2016
Sold by
Pulaski John
Bought by
Tang Evan
Seller's Agent
Everard Visitacion
Azealty
Buyer's Agent
Sherry Dolen
PMZ Real Estate
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$170,000
Outstanding Balance
$73,166
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$525,111

Purchase Details

Closed on
Nov 18, 2014
Sold by
Pulaski Jenny F
Bought by
Pulaski John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2014
Sold by
Akimax Inc
Bought by
Pulaski John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2013
Sold by
Chicchon Ramon and Rodriguez Lita V
Bought by
Akimax Inc

Purchase Details

Closed on
Dec 2, 2004
Sold by
Carlson Frank W and Carlson Michelle C
Bought by
Chicchon Ramon and Rodriguez Lita V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1999
Sold by
Constantino Linda and Jarnesky Bryan S
Bought by
J & J Mtg Corp
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
Tang Evan -- None Available
Tang Evan $270,000 Chicago Title Company
Pulaski John -- Chicago Title Company
Pulaski John $255,000 Chicago Title Company
Akimax Inc $194,000 None Available
Chicchon Ramon $475,000 Fidelity Natl Title Ins Co
J & J Mtg Corp $175,566 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Evan $170,000
Previous Owner Pulaski John $191,250
Previous Owner Chicchon Ramon $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2016 02/03/16 Sold $270,000 0.0% $88 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
11/11/2015 11/11/15 For Sale $270,000 -- $88 / 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 $4,028 $319,616 $94,699 $224,917
2024 $3,964 $313,350 $92,843 $220,507
2023 $3,875 $307,207 $91,023 $216,184
2022 $3,777 $301,185 $89,239 $211,946
2021 $3,630 $295,281 $87,490 $207,791
2020 $3,700 $292,254 $86,593 $205,661
2019 $3,686 $286,525 $84,896 $201,629
2018 $3,618 $280,908 $83,232 $197,676
2017 $3,428 $275,400 $81,600 $193,800
2016 $3,349 $258,889 $91,373 $167,516
2015 $3,348 $255,000 $90,000 $165,000
2014 $2,491 $194,881 $40,182 $154,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15072562

MetroList

APN: 108-080-08