NOT LISTED FOR SALE

8629 Santa Paula Way Stockton, CA 95210

Bear Creek East Neighborhood

Estimated Value: $532,000 - $743,000

12 Beds
8 Baths
5,088 Sq Ft
$120/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $352,000 $69 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,742/month

24 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 3-minute walk to Loch Lomond Park

About This Home

As of September 2017

Don't miss this opportunity to own this 4 unit apartment building across the street from Kennedy Elementary School, low vacancy! Incredible potential cash flow, a cash cow! Annual rental income of $33,600 to $38,400 now, could be close to $53,000 with a little clean up. All units are 3 bedrooms, 2 baths, approx. 1272 sq.ft w/parking & laundry hook up in your unit as well as a backyard patio. Close to shopping, schools, etc. Don't miss this one!

Last Agent to Sell the Property

Robert Arroyo

PMZ Real Estate License #01336300 Listed on: 08/23/2017

PMZ Real Estate

Last Buyer's Agent

Melissa Palmer

Fathom Realty Group, Inc. License #01927150

Fathom Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,568

Year Built

  • Built in 1970

Lot Details

  • 7,466

Parking

  • 4 Open Parking Spaces

Home Design

  • Quadruplex

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • 2-Story Property
  • 7,466 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $2,400
  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 079-170-31

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 1 Vacant Unit
  • 3 Units Leased Month-To-Month
  • Insurance Expense $1,989
  • Operating Expense $9,574

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,568

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1970
  • Architectural Style: Ranch
  • Stories: 2
  • Number of Three Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range
  • Flooring: Carpet,See Remarks

Exterior Features

  • Construction Materials: Frame,Shingle Siding,Wood,See Remarks
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 344900.00
  • Roof: Flat,Tar/Gravel

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: 1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Utilities Expenses: 2700

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,See Remarks
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: R4
  • Lot Size Acres: 0.1714
  • Lot Size Sq Ft: 7466

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total Deposit: 2400
  • Total # Leasable: 4

Multi Family

  • Gross Income: 28800
  • Operating Expense: 9574
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Insurance Expense: 1989
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None
  • Gross Income Multiplier: 10.260

Tax Info

  • Assessor Parcel Number: 079-170-31
  • Current RE Taxes: 3568

MLS Schools

  • School District (County): San Joaquin

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

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $352,000 +2.1% $69 / Sq Ft
09/16/2017 09/16/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $344,900 -- $68 / 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 $4,877 $392,658 $100,395 $292,263
2023 $4,768 $384,960 $98,427 $286,533
2022 $4,732 $377,413 $96,498 $280,915
2021 $4,548 $370,013 $94,606 $275,407
2020 $4,636 $366,220 $93,636 $272,584
2019 $4,618 $359,040 $91,800 $267,240
2018 $4,533 $352,000 $90,000 $262,000
2017 $3,559 $285,000 $100,000 $185,000
2016 $3,568 $275,000 $100,000 $175,000
Source: Public Records

Agents Affiliated with this Home

  • Robert Arroyo

    Seller's Agent in 2017

    Robert Arroyo

    PMZ Real Estate

    (209) 825-2010

    86 Total Sales

    Robert Arroyo
    Section Image
  • Melissa Palmer

    Buyer's Agent in 2017

    Melissa Palmer

    Fathom Realty Group, Inc.

    (209) 676-7509

    16 Total Sales

    Melissa Palmer
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 17053958

MetroList

APN: 079-170-31

California San Joaquin County Stockton 95210 Bear Creek East

8629 Santa Paula Way, Stockton, CA

This home is located at 8629 Santa Paula Way, Stockton, CA 95210 since 23 August 2017 and is currently estimated at $612,371, approximately $120 per square foot. This property was built in 1970. 8629 Santa Paula Way is a home located in San Joaquin County with nearby schools including Kennedy Elementary School, Pulliam Elementary School, and Adams Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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