NOT LISTED FOR SALE

Estimated Value: $1,133,516

1 Bed
1 Bath
800 Sq Ft
$1,417/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $1,180,000 $1,475 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $7,498/month

12 Days on Market

Highlights

  • 0.23 Acre Lot
  • 4-minute walk to Stockton
  • Security Gate
  • Corner Lot
  • No HOA
  • Controlled Access

About This Home

As of April 2022

Great investment property, renovated in 2020, all residential units are leased, new stucco,amazing metal work, all new glass in areas needed and storefront areas for commercial units, new asphalt, patio walkway was redone with new railings, support and concrete, wall AC units are new, roof was refinished and sealed and much more.

Last Agent to Sell the Property

Kris Klair

EXIT Realty Consultants License #01424183 Listed on: 03/05/2022

EXIT Realty Consultants

Last Buyer's Agent

David Mella

Intero Real Estate Services License #01770381

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,869

Lot Details

  • 10,000 Sq Ft Lot
  • Security Fence
  • Corner Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Concrete Perimeter Foundation
  • Stucco

Flooring

  • Linoleum
  • Tile

Home Security

  • Security Gate
  • Video Cameras

Parking

  • 13 Parking Spaces
  • Uncovered Parking

Additional Features

  • 2-Story Property
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 149-190-14

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • 9 Leased Units
  • 3 Vacant Units
  • 2 Units Leased Month-To-Month
  • Net Operating Income $72,000

Security

  • Controlled Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,869

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments,Mixed Use
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Stories: 2
  • Year Built Details: Unknown
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Linoleum
  • Price Per Square Foot: 126.68

Exterior Features

  • Construction Materials: Concrete, Stucco, Frame, Glass, Wood
  • Foundation: Concrete
  • Listing Price: 1199000.00
  • Lot Features: Corner

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 13.00

Utilities

  • Security: Fire Extinguisher, Video System, Secured Access, Security Fence, Security Gate
  • Sewer: In & Connected
  • Utilities: Electric
  • Cooling: Smart Vent
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: STRS & RES
  • Irrigation: None
  • Lot Size Acres: 0.2296
  • Lot Size Sq Ft: 10000.00

Rental Info

  • Lease Term: 12 Months
  • Total # Leasable: 12

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Other
  • Number of Leased Units: 9
  • Number of Month to Month Units: 2
  • Number of Units: 12
  • Number of Vacant Units: 3
  • One Bedroom Annual Occupancy: 100
  • Two Bedroom Annual Occupancy: 100
  • One Bedrooms Occupied: 8
  • Two Bedrooms Occupied: 1
  • 1 Bedroom Rent Range: 1000 -1200
  • Two Bedroom Rent Range: 1200

Tax Info

  • Assessor Parcel Number: 149-190-14
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2019
Sold by
Kaur Prabh Jot and Bhogal Mandeep
Bought by
847 E Main St Llc
Current Estimated Value
$1,133,516

Purchase Details

Closed on
Feb 6, 2017
Sold by
Banka Sridevi
Bought by
Bhogal Mandeep and Kaur Prabhjot

Purchase Details

Closed on
Jul 9, 2014
Sold by
Nichols Stacey M
Bought by
Banka Sridevi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 1998
Sold by
Nichols James W
Bought by
Nichols Stacey M
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
847 E Main St Llc -- None Available
Bhogal Mandeep $429,000 North American Title Co Inc
Banka Sridevi $350,000 North American Title Co Inc
Nichols Stacey M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 847 E Main St Llc $600,000
Previous Owner Banka Sridevi $160,000
Previous Owner Banka Sridevi $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2022 04/12/22 Sold $1,180,000 -1.6% $1,475 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $1,199,000 -- $1,499 / 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 $15,869 $1,227,672 $228,888 $998,784
2023 $15,493 $1,203,600 $224,400 $979,200
2022 $6,586 $469,170 $120,299 $348,871
2021 $6,336 $459,972 $117,941 $342,031
2020 $6,424 $455,256 $116,732 $338,524
2019 $6,401 $446,331 $114,444 $331,887
2018 $6,262 $437,580 $112,200 $325,380
2017 $5,152 $362,443 $51,778 $310,665
2016 $5,204 $355,338 $50,763 $304,575
2015 $3,044 $168,163 $27,483 $140,680
2014 $2,744 $164,869 $26,944 $137,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222026280

MetroList

APN: 149-190-14