NOT LISTED FOR SALE

Estimated Value: $415,000 - $588,000

4 Beds
2 Baths
1,630 Sq Ft
$307/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $335,000 $206 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,000/month

31 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 1-Story Property

About This Home

As of June 2019

Attention Investors! This is the lowest priced duplex with the highest rent in the area. Each unit has long term tenants and you are going to enjoy the low maintenance and cash flow.

Last Agent to Sell the Property

Jane Riley

Premier Real Estate & Property License #01393166 Listed on: 03/12/2019

Last Buyer's Agent

Parth Ghai

Valley Pacific Realty and Investment License #02045865

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,174

Year Built

  • Built in 1952

Lot Details

  • 7,379

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Built-In Gas Range

Parking

  • 2 Open Parking Spaces
  • 1 Parking Space Included

Additional Features

  • 7,379 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 217-050-12

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,174

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1952
  • Architectural Style: Traditional
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Range
  • Other Equipment: None
  • Flooring: Laminate,Tile,Varies by Unit

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 349000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: 1+ Space Per Unit

Utilities

  • Sewer: Public Sewer
  • Cooling: Varies by Unit
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Manteca Unified

Lot Info

  • Zoning Description: Commercial Residential
  • Lot Size Acres: 0.1694
  • Lot Size Sq Ft: 7379

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 2

Multi Family

  • Gross Income: 28800
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 217-050-12
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
Apr 15, 2019
Sold by
Exceptional Enterprise Group Inc
Bought by
Bangalore Manjunath and Dixit Shalini
Seller's Agent
Jane Riley
Premier Real Estate & Property
Buyer's Agent
Parth Ghai
Valley Pacific Realty and Investment
List Price
$349,000
Sold Price
$335,000
Premium/Discount to List
-$14,000
-4.01%
Current Estimated Value
$500,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,269
Avg. Annual Appreciation
7.90%
Original Mortgage
$251,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2018
Sold by
Provident Trust Group
Bought by
Exceptional Enterprise Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,750
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 28, 2015
Closed on
May 27, 2015
Sold by
Summers Patricia Marie and The Dale & Patricia Summers Fa
Bought by
Polycomp Trust Company and Freiley Suzanne
Seller's Agent
Steve Reid
Keller Williams Realty
Buyer's Agent
Grace Hurtado
Century 21 Select Real Estate
List Price
$198,500
Sold Price
$175,000
Premium/Discount to List
-$23,500
-11.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%

Purchase Details

Closed on
May 16, 2002
Sold by
Summers Dale F and Summers Patricia M
Bought by
Summers Dale Franklin and Summers Patricia Marie
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
Bangalore Manjunath $335,000 First American Title Company
Exceptional Enterprise Group Llc $251,500 First American Title Company
Polycomp Trust Company $175,000 First American Title Company
Summers Dale Franklin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bangalore Manjunath $251,000
Previous Owner Exceptional Enterprise Group Llc $75,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $335,000 -4.0% $206 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $349,000 +99.4% $214 / Sq Ft
06/01/2015 06/01/15 Sold $175,000 -11.8% $109 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
02/28/2015 02/28/15 For Sale $198,500 -- $124 / 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 $4,174 $373,693 $100,395 $273,298
2024 $4,057 $366,367 $98,427 $267,940
2023 $4,008 $359,185 $96,498 $262,687
2022 $3,949 $352,143 $94,606 $257,537
2021 $3,906 $345,239 $92,751 $252,488
2020 $3,748 $341,700 $91,800 $249,900
2019 $2,093 $188,540 $64,642 $123,898
2018 $2,066 $184,844 $63,375 $121,469
2017 $2,036 $181,221 $62,133 $119,088
2016 $1,987 $177,669 $60,915 $116,754
2014 -- $70,262 $39,035 $31,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19014811

MetroList

APN: 217-050-12