NOT LISTED FOR SALE

588 Somoa Ln Lathrop, CA 95330

East Lathrop Neighborhood

Estimated Value: $385,000 - $531,087

4 Beds
3 Baths
1,144 Sq Ft
$410/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $119,000 $104 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $2,698/month

32 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Tile Countertops
  • Lathrop High School Rated A-
  • Formal Dining Room
  • Shed

About This Home

As of February 2013

FIXER, FIXER

Last Agent to Sell the Property

Wayne Jones

Wayne Jones Realty License #01069458 Listed on: 01/14/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions: 7405
  • North Facing Home

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Tile Countertops
  • Laundry in Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Central Heating
  • 220 Volts

Community Details

  • No Home Owners Association
  • Lathrop Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 196-400-02

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Unknown
  • Year Built: 1975
  • Architectural Style: Contemporary
  • Stories: 1
  • Subdivision: LATHROP VILLAGE
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher,Disposal
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Master Bathroom Features: Shower Stall(s),Window
  • Master Bedroom Features: Closet
  • Bathroom Features: Tub w/Shower Over,Window
  • Bathrooms: 3.00
  • Dining Room Features: Formal Area
  • Kitchen Features: Tile Counter
  • Room Type: Baths Other,Bonus Room,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 104.02
  • Square Footage: 1144

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Frame,Stucco,Wood
  • Property Faces: North
  • Fencing: Back Yard,Front Yard
  • Foundation: Slab
  • Horse Property: No
  • Listing Price: 109500.00
  • Lot Features: Corner,Shape Regular,Street Lights
  • Pool: No
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached,Garage Facing Front,RV Possible
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Sewer: In & Connected
  • Utilities: Cable Available,Natural Gas Available
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Manteca Unified

Lot Info

  • Zoning Description: SFR
  • Lot Size Acres: 0.1700
  • Lot Dimensions: 7405
  • Lot Size Sq Ft: 7405

Tax Info

  • Assessor Parcel Number: 196-400-02
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2013
Sold by
Jin Mincheng and Hua Weijue
Bought by
J & J Golden Investment Llc
Current Estimated Value
$468,522

Purchase Details

Closed on
Jun 24, 2013
Sold by
Jin Wenjie
Bought by
Jin Mincheng and Hua Weijue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2013
Closed on
Feb 20, 2013
Sold by
Yu Yunjie
Bought by
Jin Wenjie
Seller's Agent
Wayne Jones
Wayne Jones Realty
List Price
$109,500
Sold Price
$119,000
Premium/Discount to List
$9,500
8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%

Purchase Details

Listed on
Jan 14, 2013
Closed on
Feb 15, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Jin Wenjie
Seller's Agent
Wayne Jones
Wayne Jones Realty
List Price
$109,500
Sold Price
$119,000
Premium/Discount to List
$9,500
8.68%

Purchase Details

Closed on
Nov 20, 2012
Sold by
Maya Armando
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 7, 2006
Sold by
Maya Noemi
Bought by
Maya Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,250
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2005
Sold by
Maya Noemi
Bought by
Maya Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2000
Sold by
Khan Mohammed S and Khan K
Bought by
Maya Armando and Maya Noemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,102
Interest Rate
8.24%
Mortgage Type
FHA
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
J & J Golden Investment Llc -- None Available
Jin Mincheng $137,727 Chicago Title Company
Jin Wenjie -- Lsi Title Company Inc
Jin Wenjie $119,000 Lsi Title Company Inc
Deutsche Bank National Trust Company $116,024 Landsafe Title
Maya Armando -- North American Title Co
Maya Armando -- Alliance Title Co
Maya Armando $135,000 Central Valley Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jin Mincheng $123,750
Previous Owner Maya Armando $237,250
Previous Owner Maya Armando $292,500
Previous Owner Maya Armando $134,102
Closed Maya Armando $6,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $119,000 +8.7% $104 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $109,500 -- $96 / 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 $2,970 $232,905 $61,289 $171,616
2024 $2,894 $228,339 $60,088 $168,251
2023 $2,808 $223,862 $58,910 $164,952
2022 $2,768 $219,473 $57,755 $161,718
2021 $2,739 $215,171 $56,623 $158,548
2020 $2,638 $212,966 $56,043 $156,923
2019 $2,606 $208,792 $54,945 $153,847
2018 $2,574 $204,699 $53,868 $150,831
2017 $2,539 $200,686 $52,812 $147,874
2016 $2,483 $196,751 $51,777 $144,974
2014 $2,336 $190,863 $50,227 $140,636
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2013

    Wayne Jones

    Wayne Jones Realty

See All Agents

Map

Source: MetroList

MLS Number: 13002498

MetroList

APN: 196-400-02

California San Joaquin County Lathrop 95330 East Lathrop

588 Somoa Ln, Lathrop, CA

Not Listed for Sale

Detached

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