NOT LISTED FOR SALE

Estimated Value: $502,349 - $618,000

6 Beds
3 Baths
3,000 Sq Ft
$189/Sq Ft Est. Value

Last Sold January 06, 2012

Last sale price $184,000 $61 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $3,406/month

32 Days on Market

Highlights

  • Double Pane Windows
  • Central Heating
  • 1-Story Property
  • Wet Bar

About This Home

As of January 2012

Striking triplex in terrific Stonewood location. Vaulted ceilings,fireplace,inside laundry,formal dining room and generous storage sheds on the property for the tenants use. Gorgeous courtyard entry with beautiful landscaping.Owner occupies one of the units,long term tenant in front unit and middle unit being vacated.Custom cabinetry in owners unit,new roof in 2006,new central heating and air in 2006.Ideal for owner occupant.You can view all 3 units before making a decision!Pool privileges.

Last Agent to Sell the Property

Lela Nelson

Lela Nelson Realty License #00598358 Listed on: 10/15/2011

Last Buyer's Agent

Ashli Hudson

` License #01442614

`

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 1976

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions: 7405

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Triplex
  • Shake Roof

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Double Pane Windows
  • Fire and Smoke Detector

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity rent only
  • Assessor Parcel Number 072-350-49

Community Details

Overview

  • 3 Units
  • Built by Stone Brothers
  • Stonewood Subdivision

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 685 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,554

Year Built

Built in 1976

Lot Details

0

HOA Fees

$22 per month

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1976
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Stonewood
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range,Dishwasher,Disposal,Free Standing Refrigerator
  • Interior Amenities: Wet Bar
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Partial

Exterior Features

  • Builder Name: Stone Brothers
  • Construction Materials: Frame,Lap Siding,Stone
  • Disclosures/Documents: CC&Rs,Owner Occupies 1 Unit,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 225000.00
  • Patio And Porch Features: Covered Patio,Uncovered Patio
  • Roof: Shake

Garage/Parking

  • Open Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Connected,Dish Antenna
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central
  • Utilities Expenses: 2400

Condo/Co-op/Association

  • Association Features: Extra Storage,Laundry Hook-Up in Units,Pool,Public Trans Nearby,Yard Space
  • Association Fee: 260
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.1700
  • Lot Dimensions: 7405
  • Lot Size Sq Ft: 7405

Rental Info

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

Multi Family

  • Gross Income: 29220
  • Income Includes: Owner's Unit,Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 685
  • Number of Units: 3
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 072-350-49

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2011
Closed on
Dec 22, 2011
Sold by
Keele Jennings D and Keele Beverly J
Bought by
Srinivasan Ramakrishnan and Kasturi Andal
Seller's Agent
Lela Nelson
Lela Nelson Realty
Buyer's Agent
Ashli Hudson
`
List Price
$245,000
Sold Price
$184,000
Premium/Discount to List
-$61,000
-24.9%
Total Days on Market
32
Current Estimated Value
$567,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,087
Avg. Annual Appreciation
9.19%
Original Mortgage
$131,250
Outstanding Balance
$92,789
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$506,498

Purchase Details

Closed on
Jul 29, 2004
Sold by
Keele Jennings D and Keele Beverly Joan
Bought by
Keele Jennings D and Keele Beverly J

Purchase Details

Closed on
Feb 27, 2003
Sold by
Keele Jennings D and Keele Beverly Joan
Bought by
Keele Jennings D and Keele Beverly Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
5.85%

Purchase Details

Closed on
Jun 8, 1999
Sold by
Keele Jennings D
Bought by
Keele Jennings D and Keele Beverly Joan

Purchase Details

Closed on
Jun 8, 1998
Sold by
Maccready Daveena F and Maccready Andrew J
Bought by
Keele Jennings D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,732
Interest Rate
7.17%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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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
Srinivasan Ramakrishnan $181,500 Old Republic Title Company
Keele Jennings D -- --
Keele Jennings D -- First Amer Title Co
Keele Jennings D -- --
Keele Jennings D $145,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srinivasan Ramakrishnan $131,250
Previous Owner Keele Jennings D $100,000
Previous Owner Keele Jennings D $147,500
Previous Owner Keele Jennings D $148,732
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2012 01/06/12 Sold $184,000 -24.9% $61 / Sq Ft
11/15/2011 11/15/11 Pending -- -- --
10/14/2011 10/14/11 For Sale $245,000 -- $82 / 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 $2,554 $223,497 $43,097 $180,400
2023 $2,525 $219,115 $42,252 $176,863
2022 $2,469 $214,820 $41,424 $173,396
2021 $2,525 $210,609 $40,612 $169,997
2020 $2,465 $208,450 $40,196 $168,254
2019 $2,409 $204,363 $39,408 $164,955
2018 $2,366 $200,357 $38,636 $161,721
2017 $2,311 $196,429 $37,879 $158,550
2016 $2,178 $192,577 $37,136 $155,441
2014 $2,146 $185,970 $35,862 $150,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 11074423

MetroList

APN: 072-350-49