NOT LISTED FOR SALE

Estimated Value: $423,512 - $499,000

6 Beds
3 Baths
2,595 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $215,000 $83 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,634/month

38 Days on Market

About This Home

As of August 2016

Here is your chance to own a great income producing 3 plex. Each unit is a 2 bedroom 1 full bath with a 1 car carport. Close to major shopping, restaurants and transportation.All 3 units are fully rented with long term tenents.Two tenants are living there for more than 20 years. Units have tile floor throughout living room & kitchen. Makes $24,480 a year!!!!!

Last Agent to Sell the Property

Jason Spence

Century 21 Select Real Estate License #01759959 Listed on: 07/07/2016

Century 21 Select Real Estate

Last Buyer's Agent

Jason Spence

Century 21 Select Real Estate License #01759959 Listed on: 07/07/2016

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,912

Year Built

  • Built in 1971

Lot Details

  • 8,281

Parking

  • 1 Parking Space Included

Home Design

  • Triplex
  • Composition Roof

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 8,281 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 088-250-49

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,912

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1971
  • Stories: 1
  • Number of Two Bedroom Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 219000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport,1+ Space Per Unit

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Other
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: Triplex 1 BLDG
  • Lot Size Acres: 0.1901
  • Lot Size Sq Ft: 8281

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 3

Multi Family

  • Gross Income: 23400
  • Income Includes: Rent Only
  • Existing Lease Type: Other
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 088-250-49

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2016
Closed on
Aug 23, 2016
Sold by
Shah Nayan and Modi Dharitri D
Bought by
Imran Mohammad Rizwan
Seller's Agent
Jason Spence
Century 21 Select Real Estate
Buyer's Agent
Jason Spence
Century 21 Select Real Estate
List Price
$219,000
Sold Price
$215,000
Premium/Discount to List
-$4,000
-1.83%
Current Estimated Value
$452,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,378
Avg. Annual Appreciation
8.51%
Original Mortgage
$161,250
Outstanding Balance
$128,409
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$323,969

Purchase Details

Listed on
Feb 7, 2014
Closed on
Apr 18, 2014
Sold by
Tam Virginia Saw Leng and The Tam Trust
Bought by
Shah Nayan and Modi Dharitri D
Seller's Agent
Daniel Walker
Net Zero Realty
Buyer's Agent
Louis Rivara
RE/MAX Accord
List Price
$159,000
Sold Price
$160,500
Premium/Discount to List
$1,500
0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%
Original Mortgage
$120,375
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2014
Closed on
Apr 16, 2014
Sold by
Beaulieu Catherine M
Bought by
Cadgene Allan
Seller's Agent
Daniel Walker
Net Zero Realty
Buyer's Agent
Louis Rivara
RE/MAX Accord
List Price
$159,000
Sold Price
$160,500
Premium/Discount to List
$1,500
0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,375
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2010
Sold by
Cadgene Allan
Bought by
Tam Virginia Saw Leng and Tam Trust

Purchase Details

Closed on
Jul 13, 2010
Sold by
Espinoza Gerry P
Bought by
Cadgene Allan

Purchase Details

Closed on
Sep 16, 2003
Sold by
Dedios Leticia T and Espinoza Leticia T
Bought by
Espinoza Gerry P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2001
Sold by
Espinoza Leticia T
Bought by
Espinoza Gerry P

Purchase Details

Closed on
Apr 16, 1998
Sold by
Stephen Pereira and Stephen B L
Bought by
Espinoza Gerry P and Espinoza Leticia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.15%
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
Imran Mohammad Rizwan $215,000 North American Title Co Inc
Shah Nayan $160,500 Chicago Title Company
Cadgene Allan -- Chicago Title Company
Tam Virginia Saw Leng $135,000 None Available
Cadgene Allan $105,000 None Available
Espinoza Gerry P -- First Amer Title Co
Espinoza Gerry P -- --
Espinoza Gerry P $65,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Imran Mohammad Rizwan $161,250
Previous Owner Shah Nayan $120,375
Previous Owner Espinoza Gerry P $182,000
Previous Owner Espinoza Gerry P $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2016 08/26/16 Sold $215,000 -1.8% $83 / Sq Ft
08/14/2016 08/14/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $219,000 +36.4% $84 / Sq Ft
04/24/2014 04/24/14 Sold $160,500 +0.9% $62 / Sq Ft View Prior Sale
03/28/2014 03/28/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $159,000 -- $61 / 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 $2,912 $249,521 $87,041 $162,480
2024 $2,858 $244,630 $85,335 $159,295
2023 $2,824 $239,834 $83,662 $156,172
2022 $2,698 $235,132 $82,022 $153,110
2021 $2,759 $230,522 $80,414 $150,108
2020 $2,693 $228,159 $79,590 $148,569
2019 $2,632 $223,686 $78,030 $145,656
2018 $2,585 $219,300 $76,500 $142,800
2017 $2,525 $215,000 $75,000 $140,000
2016 $1,888 $166,202 $41,421 $124,781
2014 $1,641 $141,091 $36,579 $104,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16043483

MetroList

APN: 088-250-49