NOT LISTED FOR SALE
8 Beds
4 Baths
3,544 Sq Ft
0.58 Acre Lot

Sale Details

Date Sold: March 16, 2017

Last sale price $1,100,000 $310 Per Sq Ft

157 Days on Market

Highlights

  • 0.58 Acre Lot
  • Contemporary Architecture
  • Central Heating and Cooling System
  • Lincoln High School Rated A-
  • No HOA

About This Home

As of March 2017

NAI Benchmark First Commercial's Investment Services Group is pleased to present the sale of a 16-unit mulitfamily property located in the Lincoln Village neighborhood of Stockton, California. The property offers an excellent unit mix of mostly two bedrooms, is well maintained, and has experienced strong historical occupancy with upside potential in rents.

Last Agent to Sell the Property

Ruben Sandoval

KPD Real Estate & Advisory Services, Inc. License #01806675 Listed on: 05/20/2016

Co-Listed By

Colton Toste

RCB Real Estate License #01993261

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.58

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Leased Washer and Dryer

Additional Features

  • 25,430 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 102-080-33

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 16 Units

Building Details

  • 16 Leased Units
  • 16 Units Leased Month-To-Month
  • Operating Expense $69,071

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0.58 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1970
  • Accessibility Features: 0
  • Architectural Style: Contemporary
  • Stories: 2
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Varies by Unit

Exterior Features

  • Construction Materials: Brick,Frame,Stucco,Wood
  • Disclosures/Documents: None
  • Listing Price: 1200000.00
  • Patio And Porch Features: Varies by Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport,Guest Parking Available,Street

Utilities

  • Security: Varies By Unit
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Leased

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility,Yard Space
  • Association: No

Schools

  • Senior High School District: Lincoln Unified

Lot Info

  • Zoning Description: CITY
  • Lot Size Acres: 0.5838
  • Lot Size Sq Ft: 25430

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 16

Multi Family

  • Operating Expense: 69071
  • Income Includes: Coin Operated Equipment,Laundry
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 16
  • Number of Month to Month Units: 16
  • Number of Units: 16
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 102-080-33

MLS Schools

  • School District (County): San Joaquin

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2019
Sold by
Bought by

Purchase Details

Listed on
May 20, 2016
Closed on
Mar 13, 2017
Sold by
Bought by
Seller's Agent
Ruben Sandoval
KPD Real Estate & Advisory Services, Inc.
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
0.0419%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 26, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
0.0604%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 2002
Sold by
Bought by

Purchase Details

Closed on
Nov 8, 1995
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 1995
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,050,000 First American Title Company
$1,100,000 First American Title Company
-- None Available
$1,210,000 Commonwealth Title Co
$700,000 Old Republic Title Company
-- Old Republic Title Company
-- Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $12,770,000
Closed $15,540,600
Open $27,500,000
Previous Owner $620,000
Previous Owner $787,500
Previous Owner $877,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/16/2017 03/16/17 Sold $1,100,000 -8.3% $310 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $1,200,000 -- $339 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,920 $1,673,273 $423,894 $1,249,379
2024 $20,511 $1,640,465 $415,583 $1,224,882
2023 $20,377 $1,608,300 $407,435 $1,200,865
2022 $19,915 $1,576,766 $399,447 $1,177,319
2021 $19,670 $1,545,850 $391,615 $1,154,235
2020 $19,663 $1,530,000 $387,600 $1,142,400
2019 $15,359 $1,144,440 $343,332 $801,108
2018 $15,061 $1,122,000 $336,600 $785,400
2017 $14,785 $1,100,000 $330,000 $770,000
2016 $14,896 $1,100,000 $330,000 $770,000
2014 $11,451 $722,000 $57,000 $665,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 16052108

MetroList
Your Personal Tour Guide

Ask me questions while you tour the home.