NOT LISTED FOR SALE

Estimated Value: $535,000 - $602,000

6 Beds
4 Baths
900 Sq Ft
$634/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $477,500 $531 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,633/month

49 Days on Market

Highlights

  • No HOA
  • Lincoln High School Rated A-
  • 1-Story Property

About This Home

As of March 2021

Beautiful triplex for sale in highly desirable area of North Stockton. Meticulously maintained. Each unit has 1 car garage. Great opportunity to own income property

Last Agent to Sell the Property

Steve Colvin

Premier Cal Realty License #01851955 Listed on: 02/01/2021

Last Buyer's Agent

David McKeever

Fathom Realty Group, Inc. License #01839991

Fathom Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,315

Year Built

  • Built in 1963

Lot Details

  • 7,092

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Concrete Perimeter Foundation

Additional Features

  • 1-Story Property
  • 7,092 Sq Ft Lot
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 077-280-12

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month
  • Insurance Expense $1,600
  • Other Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,315

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1963
  • Levels: One
  • Stories: 1
  • Number of Two Bedroom Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other

Exterior Features

  • Construction Materials: Concrete
  • Listing Price: 475000.00

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached

Utilities

  • Cooling: See Remarks
  • Electric: 220 Volts
  • Heating: See Remarks
  • Utilities Expenses: 300

Condo/Co-op/Association

  • Association: No
  • Floors: 1

Schools

  • Senior High School District: Lincoln Unified

Lot Info

  • Zoning Description: Residential Income
  • Lot Size Acres: 0.1628
  • Lot Size Sq Ft: 7092

Rental Info

  • Total # Leasable: 3

Multi Family

  • Gross Income: 2750
  • Income Includes: Laundry
  • Insurance Expense: 1600
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3

Tax Info

  • Assessor Parcel Number: 077-280-12
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Feb 25, 2021
Sold by
Bishop Marcia A and Ronald And Marcia Bishop Frt
Bought by
Kamra Kamal Kumar and Kamra Anu
Seller's Agent
Steve Colvin
Premier Cal Realty
Buyer's Agent
David McKeever
Fathom Realty Group, Inc.
List Price
$475,000
Sold Price
$477,500
Premium/Discount to List
$2,500
0.53%
Current Estimated Value
$570,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,711
Avg. Annual Appreciation
4.11%
Original Mortgage
$358,125
Outstanding Balance
$321,923
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$248,288

Purchase Details

Listed on
Dec 30, 2016
Closed on
Feb 27, 2017
Sold by
Rasmussen Gerald L and 2014 Rasmussen Trust
Bought by
Bishop Ronald F and Bishop Marcia A
Seller's Agent
David Renison
Renison Realty
Buyer's Agent
Dan Thompson
RE/MAX Grupe Gold
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Oct 16, 2014
Sold by
Rasmussen Gerald
Bought by
Rasmussen Gerald L and 2014 Rasmussen Trust

Purchase Details

Closed on
Jul 31, 2008
Sold by
Hodgson Peter and The Peter R K Hodgson Marital
Bought by
Rasmussen Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2005
Sold by
Arnold Milton E and Arnold 1995 Family Trust
Bought by
Hodgson Peter and Peter R K Hodgson Martial Trus

Purchase Details

Closed on
Jun 17, 1997
Sold by
Christopherson G and Deutsch Emil J
Bought by
Arnold Milton E and The Arnold 1995 Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,400
Interest Rate
7.91%
Source: Public Records

Range of Values:

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Average Value
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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
Kamra Kamal Kumar $477,500 California Ttl Laguna Niguel
Bishop Ronald F $349,000 Old Republic Title Company
Rasmussen Gerald L -- None Available
Rasmussen Gerald $325,000 Chicago Title Company
Hodgson Peter -- Alliance Title Co
Arnold Milton E $132,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamra Kamal Kumar $358,125
Previous Owner Rasmussen Gerald $238,100
Previous Owner Rasmussen Gerald $243,750
Previous Owner Arnold Milton E $92,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $477,500 +0.5% $531 / Sq Ft
02/01/2021 02/01/21 For Sale $475,000 +36.1% $528 / Sq Ft
03/07/2017 03/07/17 Sold $349,000 0.0% $128 / Sq Ft
02/17/2017 02/17/17 Pending -- -- --
12/30/2016 12/30/16 For Sale $349,000 -- $128 / 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
2024 $6,315 $506,726 $106,120 $400,606
2023 $6,274 $496,791 $104,040 $392,751
2022 $4,969 $381,679 $109,363 $272,316
2021 $4,910 $374,196 $107,219 $266,977
2020 $4,909 $370,360 $106,120 $264,240
2019 $4,840 $363,099 $104,040 $259,059
2018 $4,747 $355,980 $102,000 $253,980
2017 $3,312 $230,000 $60,000 $170,000
2016 $3,278 $225,000 $80,000 $145,000
2014 $2,951 $195,000 $48,000 $147,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221000166

MetroList

APN: 077-280-12