NOT LISTED FOR SALE

742 Ponce de Leon Ave Stockton, CA 95210

Bear Creek East Neighborhood

Estimated Value: $587,000 - $674,000

12 Beds
8 Baths
4,784 Sq Ft
$135/Sq Ft Est. Value

Last Sold April 03, 2018

Last sale price $420,000 $88 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,890/month

18 Days on Market

About This Home

As of April 2018

Updated corner 2-story fourplex, each w/ 3bed/1.5bath fully occupied. Large units with a total of 4,784 sqft for the building. Selling at a cap rate of at least 7.2% (w/o mgmt fee). Great investment property without the hassle or worries! Units vary with feats. such as laminate or tile floors, 3-tone paint, fireplace, balcony, patio, & enclosed yards. Close to schools, parks, shopping, freeway, & public transportation. This is an outstanding cash flow opportunity well positioned for rent growth!

Last Agent to Sell the Property

Everard Visitacion

Azealty License #01474995 Listed on: 02/12/2018

Last Buyer's Agent

Divina Ricci

LPT Realty, Inc License #01991915

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,177

Year Built

  • Built in 1968

Lot Details

  • 7,860

Home Design

  • Quadruplex
  • Composition Roof

Parking

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

Additional Features

  • 2-Story Property
  • 7,860 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $3,300
  • Tenant pays for electricity gas
  • Assessor Parcel Number 079-170-26

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Insurance Expense $1,926
  • Operating Expense $720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,177

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1968
  • Architectural Style: Tract
  • Stories: 2
  • Number of Three Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Range,Varies By Unit
  • Flooring: Carpet,Laminate,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 415000.00
  • Patio And Porch Features: Covered Deck,Covered Patio,Enclosed Patio,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Covered Parking Spaces: 4
  • Parking Features: Carport,Guest Parking Available,Street,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Central,MultiUnits,Varies by Unit
  • Heating: Central,MultiUnits,Varies by Unit

Condo/Co-op/Association

  • Association Features: Decking,Extra Storage,Public Trans Nearby,Yard Space,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: R4
  • Lot Size Acres: 0.1804
  • Lot Size Sq Ft: 7860

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total Deposit: 3300

Multi Family

  • Operating Expense: 720
  • Income Includes: Rent Only
  • Insurance Expense: 1926
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 079-170-26
  • Current RE Taxes: 3177

MLS Schools

  • School District (County): San Joaquin

Range of Values:

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Sold Price
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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
04/03/2018 04/03/18 Sold $420,000 +1.2% $88 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $415,000 +107.5% $87 / Sq Ft
05/14/2013 05/14/13 Sold $200,000 +2.6% $42 / Sq Ft View Prior Sale
04/28/2013 04/28/13 Pending -- -- --
04/06/2013 04/06/13 For Sale $195,000 +7.7% $41 / Sq Ft
07/30/2012 07/30/12 Sold $181,000 -2.2% $38 / Sq Ft View Prior Sale
06/11/2012 06/11/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $185,000 -- $39 / 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 $5,898 $477,881 $117,193 $360,688
2024 $5,805 $468,512 $114,896 $353,616
2023 $5,676 $459,327 $112,644 $346,683
2022 $5,632 $450,322 $110,436 $339,886
2021 $5,412 $441,493 $108,271 $333,222
2020 $5,518 $436,967 $107,161 $329,806
2019 $5,496 $428,400 $105,060 $323,340
2018 $3,352 $258,783 $63,375 $195,408
2017 $3,177 $253,710 $62,133 $191,577
2016 $3,234 $248,736 $60,915 $187,821
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Everard Visitacion

    Azealty

    Section Image
  • Divina Ricci

    Buyer's Agent in 2018

    Divina Ricci

    LPT Realty, Inc

    (877) 366-2213

    26 Total Sales

    Divina Ricci
    Section Image

  • J

    Seller's Agent in 2013

    Johnson Hormoz

    Simermeet Singh, Broker

    Section Image

  • C

    Buyer's Agent in 2013

    Carmelita Buaron

    Akimax Lending

    Section Image

  • S

    Seller's Agent in 2012

    Sen Nguyen

    Selection Realty

    (209) 298-7368

    17 Total Sales

    Sen Nguyen
    Section Image

  • N

    Buyer's Agent in 2012

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 18007500

MetroList

APN: 079-170-26

California San Joaquin County Stockton 95210 Bear Creek East

742 Ponce de Leon Ave, Stockton, CA

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