NOT LISTED FOR SALE

7002 E Kettleman Ln Lodi, CA 95240

Estimated Value: $1,113,569 - $1,400,000

8 Beds
6 Baths
4,149 Sq Ft
$301/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $900,000 $217 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,564/month

192 Days on Market

Highlights

  • 5.3 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of April 2018

Start the new year generating income! 5 homes on a 5.3 acres, plus 2 large barns, 2 wells & septic systems. Fruit trees; apples, plums & cherries are on drip system. Country living, yet close to town. So many possibilities with this property, maybe vineyards, farm, leave it to your imagination... Investors, this is very unique opportunity, 5 single family homes in one area! Great investment opportunity! Info has been provided by seller and/or other sources & has not been verified by broker

Last Agent to Sell the Property

Elizabeth Vieira

Advance 1 Professional Real Estate License #01441363 Listed on: 08/12/2017

Last Buyer's Agent

Arnoldo Diaz

Compass License #01290183

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,202

Lot Details

  • 5.3

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • 5.3 Acre Lot
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 061-132-09

Community Details

Overview

  • No Home Owners Association
  • 8 Buildings
  • 4 Units

Building Details

  • 5 Leased Units
  • 5 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,202

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Architectural Style: Ranch,Cottage/Bungalow
  • Stories: 1
  • Year Built Details: Unknown
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Oven,Free Standing Gas Oven
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Laminate,See Remarks

Exterior Features

  • Construction Materials: Brick,Wood,See Remarks
  • Disclosures/Documents: See Remarks
  • Listing Price: 990000.00
  • Patio And Porch Features: Varies by Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Open,Varies by Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Window Unit(s)
  • Heating: Electric,See Remarks

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: AG 40
  • Lot Size Acres: 5.3000
  • Lot Size Sq Ft: 230868

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 5

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 5
  • Number of Month to Month Units: 5
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 061-132-09

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2017
Closed on
Apr 3, 2018
Sold by
Shaw Matthew David
Bought by
Gonzalez Alfonso and Gonzalez Amparo
Seller's Agent
Elizabeth Vieira
Advance 1 Professional Real Estate
Buyer's Agent
Arnoldo Diaz
Compass
List Price
$990,000
Sold Price
$900,000
Premium/Discount to List
-$90,000
-9.09%
Current Estimated Value
$1,250,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,856
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Jul 14, 2014
Sold by
Shah Sayed Mohsin
Bought by
Shaw Matthew David

Purchase Details

Closed on
Apr 18, 2005
Sold by
Taylor Keith
Bought by
Shah Sayed Mohsin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 4, 2005
Sold by
Reiher Floyd D and Reiher Lois A
Bought by
Taylor Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 8, 1995
Sold by
Reiher Floyd D and Reiher Lois A
Bought by
Reiher Floyd D and Reiher Lois A
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 Buyer Sale Price Title Company
Gonzalez Alfonso $900,000 Chicago Title Company
Shaw Matthew David $900,000 None Available
Shah Sayed Mohsin $750,000 Chicago Title Co
Taylor Keith $400,000 Chicago Title Co
Reiher Floyd D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Sayed Mohsin $350,000
Previous Owner Taylor Keith $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $900,000 -9.1% $217 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
08/12/2017 08/12/17 For Sale $990,000 -- $239 / 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 $12,202 $1,055,760 $392,550 $663,210
2024 $11,890 $1,035,059 $384,853 $650,206
2023 $11,761 $1,014,764 $377,307 $637,457
2022 $11,717 $994,867 $369,909 $624,958
2021 $11,713 $975,360 $362,656 $612,704
2020 $11,108 $936,360 $358,938 $577,422
2019 $10,900 $918,000 $351,900 $566,100
2018 $8,442 $686,569 $237,658 $448,911
2017 $8,271 $673,108 $232,999 $440,109
2016 $7,804 $659,913 $228,431 $431,482
2014 $9,684 $828,786 $369,541 $459,245
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17052026

MetroList

APN: 061-132-09