NOT LISTED FOR SALE
6 Beds
4 Baths
2,872 Sq Ft
58,780 Sq Ft Lot

Last Sold November 02, 2016

Last sale price $2,640,000 $919 Per Sq Ft

33 Days on Market

Highlights

  • 1.35 Acre Lot
  • Contemporary Architecture
  • Community Pool
  • Deck
  • No HOA

About This Home

As of November 2016

This property is located in North Stockton on a main thoroughfare, The Palms apartment offers quiet, gracious living from which you may enjoy the peaceful, lush landscaping neighborhood. And , you will be surrounded by friendly neighbors.

Nearby are Hammer-Ranch and Lincoln shopping Center, Sherwood Mall and many other excellent stores for your shopping convenience. A 5 minute drive to Delta College and UOP. Close to I- 5 freeway.

This spacious apartment's outstanding features include:

* Water, sewer and trash removal included
* Dishwasher
* AC available
* Laundry on site
* Pool


To see the apartment please call :
Michaela
Metzger Management Co.
1044 Rivara Rd. Suite 110A
Stockton Ca. 95207

Last Agent to Sell the Property

James Quessenberry

Northwind Commercial Inc License #01264498 Listed on: 07/20/2016

Last Buyer's Agent

James Quessenberry

Northwind Commercial Inc License #01264498 Listed on: 07/20/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,497

Year Built

  • Built in 1962

Lot Details

  • 1.35

Home Design

  • Contemporary Architecture
  • Flat Roof Shape

Parking

  • 4 Open Parking Spaces
  • 1 Parking Space Included
  • 31 Covered Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Additional Features

  • 2-Story Property
  • Deck
  • 1.35 Acre Lot

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 081-121-01

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 33 Units

Recreation

  • Community Pool

Building Details

  • 33 Leased Units
  • 33 Units Leased Month-To-Month
  • Insurance Expense $6,600
  • Operating Expense $154,322

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,497

Year Built

Built in 1962

Lot Details

1.35 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1962
  • Architectural Style: Contemporary
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Dishwasher,Disposal,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: See Remarks
  • Listing Price: 2750000.00
  • Patio And Porch Features: Uncovered Deck
  • Roof: Flat

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 31
  • Parking Features: 1+ Space Per Unit

Utilities

  • Security: See Remarks
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Pool
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: Apt
  • Lot Size Acres: 1.3494
  • Lot Size Sq Ft: 58780

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 33

Multi Family

  • Operating Expense: 154322
  • Income Includes: Laundry,Rent Only
  • Existing Lease Type: See Remarks
  • Insurance Expense: 6600
  • Number of Leased Units: 33
  • Number of Month to Month Units: 33
  • Number of Units: 33
  • Units Furnished: None
  • Gross Income Multiplier: 8.300

Tax Info

  • Assessor Parcel Number: 081-121-01
  • Current RE Taxes: 35497

MLS Schools

  • School District (County): San Joaquin
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2025 12/07/25 Off Market $1,400 -- --
07/02/2025 07/02/25 Price Changed $1,400 -12.5% $2 / Sq Ft
07/02/2025 07/02/25 For Rent $1,600 0.0% --
11/02/2016 11/02/16 Sold $2,640,000 -4.0% $919 / Sq Ft
08/21/2016 08/21/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $2,750,000 +94.3% $958 / Sq Ft
11/30/2012 11/30/12 Sold $1,415,000 -25.5% $494 / Sq Ft View Prior Sale
11/13/2012 11/13/12 Pending -- -- --
08/21/2012 08/21/12 For Sale $1,900,000 -- $663 / Sq Ft
Source: MetroList

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 $38,183 $3,063,941 $974,889 $2,089,052
2024 $37,581 $3,003,865 $955,774 $2,048,091
2023 $36,742 $2,944,967 $937,034 $2,007,933
2022 $36,116 $2,887,223 $918,661 $1,968,562
2021 $34,706 $2,830,612 $900,649 $1,929,963
2020 $35,380 $2,801,588 $891,414 $1,910,174
2019 $35,243 $2,746,656 $873,936 $1,872,720
2018 $34,592 $2,692,800 $856,800 $1,836,000
2017 $32,769 $2,640,000 $840,000 $1,800,000
2016 $18,981 $1,456,322 $416,092 $1,040,230
2014 $17,981 $1,406,356 $401,816 $1,004,540
Source: Public Records

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Map

Source: MetroList

MLS Number: 16046956

MetroList
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