NOT LISTED FOR SALE

Estimated Value: $492,049 - $622,000

4 Beds
2 Baths
1,710 Sq Ft
$323/Sq Ft Est. Value

Last Sold October 21, 2014

Last sale price $280,000 $164 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,192/month

4 Days on Market

Highlights

  • Deck
  • No HOA
  • Central Heating
  • Contemporary Architecture
  • Double Pane Windows
  • 2 Car Garage

About This Home

As of October 2014

Each unit is 2 bedrooms, 1 bath, large living room, vaulted ceilings, back yards, and two car covered garage (with automatic garage doors). Brand new heating/air units, each unit has been completely repainted before tenants moved in a year ago and they both keep it close to perfect. Bathrooms have been remodeled, newer tile, and new carpet. Excellent investment for someone as they more than cash flow. Both tenants love the place and want to stay and are on lease agreements.

Last Agent to Sell the Property

Kathy Wooton

Keller Williams Realty License #01496617 Listed on: 10/03/2014

Keller Williams Realty

Last Buyer's Agent

Lisa Jackson

Grupe Real Estate License #01780194

Grupe Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 7,971

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • Deck
  • 7,971 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for cable tv electricity gas grounds care maintenance sewer trash collection water
  • Assessor Parcel Number 029-050-12

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1972
  • Architectural Style: Contemporary
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Electric Cook Top,Free Standing Electric Oven
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 285000.00
  • Patio And Porch Features: Uncovered Deck
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1830
  • Lot Size Sq Ft: 7971

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Grounds Care,Maintenance,Sewer,Trash Collection,Water

Multi Family

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

Tax Info

  • Assessor Parcel Number: 029-050-12

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2018
Sold by
Martin Wayne H and Martin Revocable Trust
Bought by
M & M Investment Properties
Current Estimated Value
$552,262

Purchase Details

Closed on
Sep 15, 2015
Sold by
Martin Wayne H
Bought by
Martin Wayne H and Martin Revocable Trust

Purchase Details

Listed on
Oct 3, 2014
Closed on
Oct 16, 2014
Sold by
Galli Brittany
Bought by
Martin Wayne H
Seller's Agent
Kathy Wooton
Keller Williams Realty
Buyer's Agent
Lisa Jackson
Grupe Real Estate
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%

Purchase Details

Listed on
Sep 7, 2012
Closed on
Dec 4, 2012
Sold by
Us Bank National Association
Bought by
Galli Brittany
Seller's Agent
Kathy Wooton
Keller Williams Realty
Buyer's Agent
Sharon Ceresa
Berkshire Hathaway HomeServices-Drysdale Properties
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.69%
Original Mortgage
$216,015
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 2012
Sold by
Cromwell Kristin I
Bought by
Us Bank National Association

Purchase Details

Closed on
Apr 14, 2004
Sold by
Cromwell Kristin I and Cromwell Kristen I
Bought by
Cromwell Kristin I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2001
Sold by
Kinnard Max E and Kinnard Alyce L
Bought by
Cromwell Kristin I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
7.07%
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
M & M Investment Properties -- None Available
Martin Georgia A -- None Available
Martin Wayne H -- None Available
Martin Wayne H $280,000 Old Republic Title Company
Galli Brittany $220,000 Servicelink
Us Bank National Association $157,250 None Available
Cromwell Kristin I -- Chicago Title Co
Cromwell Kristin I $192,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galli Brittany $216,015
Previous Owner Cromwell Kristin I $306,000
Previous Owner Cromwell Kristin I $172,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2014 10/21/14 Sold $280,000 -1.8% $164 / Sq Ft
10/06/2014 10/06/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $285,000 +29.5% $167 / Sq Ft
01/18/2013 01/18/13 Sold $220,000 0.0% $124 / Sq Ft View Prior Sale
11/07/2012 11/07/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $220,000 -- $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 $3,661 $336,509 $144,218 $192,291
2024 $3,561 $329,912 $141,391 $188,521
2023 $3,521 $323,444 $138,619 $184,825
2022 $3,442 $317,102 $135,901 $181,201
2021 $3,504 $310,886 $133,237 $177,649
2020 $3,414 $307,699 $131,871 $175,828
2019 $3,345 $301,667 $129,286 $172,381
2018 $3,299 $295,752 $126,751 $169,001
2017 $3,225 $289,954 $124,266 $165,688
2016 $3,024 $284,270 $121,830 $162,440
2015 $2,992 $280,000 $120,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14062997

MetroList

APN: 029-050-12