NOT LISTED FOR SALE

Estimated Value: $625,000 - $748,000

4 Beds
4 Baths
2,122 Sq Ft
$331/Sq Ft Est. Value

Last Sold August 13, 2024

Last sale price $719,295 $339 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,033/month

10 Days on Market

Highlights

  • Guest House
  • Main Floor Bedroom
  • No HOA
  • Private Lot
  • Quartz Countertops
  • Breakfast Area or Nook

About This Home

As of August 2024

Down a quiet, tree-lined street in the heart of Lodi, lies 736 and 738 South School Street, a unique property featuring two well-appointed homes on one lot. The main home is 1158sq. ft. and features two bedrooms, two baths, and a large two car garage. The kitchen is beautifully updated with high-end appliances, custom cabinets, black granite counters, and more. Both bathrooms have been remodeled with elevated finishes, and the entire home was recently painted inside and out. Lighting has been upgraded throughout, ceiling fans added, and all water lines upgraded to Uponor PEX lines. This home is turn-key, filled with character, and move-inready! Sitting privately towards the back of the property lies the second home. It also features two spacious bedrooms, two full baths and is 964 sq. ft. It includes a sizable deck and privacy from the first home. Both homes feature separate gas and electric meters and their own addresses. The opportunities are endless with this unique property, with the possibilities of multiple rental incomes, multi-generational living, and more. Don't let this one slip away!

Last Agent to Sell the Property

Chaz Halbert

GUIDE Real Estate License #02121688 Listed on: 07/12/2024

Last Buyer's Agent

Don Nelson

Lela Nelson Realty License #00769045

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 9,644 Sq Ft Lot
  • Private Lot

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Ranch Property
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,122 Sq Ft Home
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Dining Room
  • Vinyl Flooring
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Secondary Bathroom Double Sinks

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Water Heater

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 045-240-46

Property Details

Home Type

Multi-Family

Year Built

Built in 1967 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Ranchette/Country
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: Yes
  • Year Built: 1967
  • Remodeled/Updated Desc: Bath 0-5YR, Kitchen 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace Features: Family Room, Gas Starter
  • Fireplaces: 1
  • Flooring: Vinyl
  • Total Bathrooms: 4
  • Bathroom Features: Double Sinks
  • Dining Room Features: Breakfast Nook
  • Kitchen Features: Breakfast Area, Quartz Counter
  • Living Room Features: Other
  • Main Level: Bedroom(s), Dining Room, Family Room, Full Bath(s), Garage, Kitchen
  • Price Per Square Foot: 338.97
  • Square Footage: 2122.00
  • ResoLivingAreaSource: Owner

Exterior Features

  • Other Structures: Guest House
  • Construction Materials: Wood, Wood Siding
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 729000.00
  • Lot Features: Private
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Second Unit Kitchen: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage Facing Side
  • Driveway/Sidewalks: Paved Driveway

Utilities

  • Security: Double Strapped Water Heater
  • Sewer: Public Sewer
  • Utilities: Public
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Inside Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: RES-NEC
  • Irrigation: Public District
  • Lot Size Acres: 0.2214
  • Lot Size Sq Ft: 9644.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

  • Unit 2 Partial Bathrooms: 0
  • Unit 2 Description: Second unit
  • Unit 2 Occupied: No
  • Unit 2 Type: Detached

Tax Info

  • Assessor Parcel Number: 045-240-46
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Aug 2, 2024
Sold by
Merry Scott Michael and Mccarthy Heather Dawn
Bought by
Knight Emmett
Seller's Agent
Chaz Halbert
GUIDE Real Estate
Buyer's Agent
Don Nelson
Lela Nelson Realty
List Price
$699,000
Sold Price
$719,295
Premium/Discount to List
$20,295
2.9%
Views
28
Current Estimated Value
$701,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,958
Avg. Annual Appreciation
-1.75%

Purchase Details

Closed on
Jan 5, 2023
Sold by
Merry Scott Michael
Bought by
Merry Scott Michael and Mccarthy Heather Dawn

Purchase Details

Closed on
Sep 18, 2019
Sold by
Cappos Steven J and Cappos Caron R
Bought by
Merry Scott Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,664
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2018
Sold by
Cappos Caron R
Bought by
Cappos Caron R

Purchase Details

Closed on
Mar 19, 2001
Sold by
Frogue Stella and Kappos Stella
Bought by
Meissner Werner W and Meissner Yasuko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.97%
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
Knight Emmett $719,500 Chicago Title
Merry Scott Michael -- --
Merry Scott Michael $405,000 Chicago Title Company
Cappos Caron R -- None Available
Meissner Werner W $162,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merry Scott Michael $397,664
Previous Owner Meissner Werner W $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2024 08/13/24 Sold $719,295 +2.9% $339 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $699,000 -- $329 / 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 $4,828 $442,923 $109,363 $333,560
2024 $4,622 $434,239 $107,219 $327,020
2023 $4,555 $425,725 $105,117 $320,608
2022 $4,453 $417,378 $103,056 $314,322
2021 $4,532 $409,195 $101,036 $308,159
2020 $4,413 $405,000 $100,000 $305,000
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224070166

MetroList

APN: 045-240-46