NOT LISTED FOR SALE

Estimated Value: $460,000 - $527,000

6 Beds
3 Baths
2,550 Sq Ft
$198/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $330,000 $129 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,061/month

10 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-Story Property
  • Covered Patio or Porch
  • Central Heating

About This Home

As of August 2018

North Area Triplex! Investors Delight! This property features three units with 2 bedrooms and a full bath in each unit. Attached car garage for each units and 2 unites has covered patio in the back. All the units are very well kept and front yard's has common area and also each unit has backyard for an entertaining. This is an outstanding cash flow opportunity well positioned for rent growth.

Last Agent to Sell the Property

Dewa Dutt

Key Plus Realty License #01353732 Listed on: 07/06/2018

Last Buyer's Agent

Dennis Loewen

Metis Real Estate, Inc. License #01902881

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,481

Year Built

  • Built in 1975

Lot Details

  • 8,747

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Free-Standing Electric Range

Utilities

  • Central Heating
  • 220 Volts

Additional Features

  • Covered Patio or Porch
  • 8,747 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 079-080-52

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Franciscan Plaza 09 Subdivision

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,481

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1975
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Franciscan Plaza 09
  • Number of Two Bedroom Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 340000.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition

Garage/Parking

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

Utilities

  • Utilities: Cable Available,TV Antenna
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Yard Space
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: Triplex - 1 BLDG
  • Lot Size Acres: 0.2008
  • Lot Size Sq Ft: 8747

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 079-080-52

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Jul 31, 2018
Sold by
Singh Piara and Singh Kailash K
Bought by
Chane Ming E and Chan Louisa Sar Ping
Seller's Agent
Dewa Dutt
Key Plus Realty
Buyer's Agent
Dennis Loewen
Metis Real Estate, Inc.
List Price
$340,000
Sold Price
$330,000
Premium/Discount to List
-$10,000
-2.94%
Current Estimated Value
$504,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,412
Avg. Annual Appreciation
5.67%

Purchase Details

Closed on
Aug 20, 2015
Sold by
Singh Gurjeet and Martinez Harjeet Singh
Bought by
Singh Piara and Singh Kailash K

Purchase Details

Closed on
Sep 16, 2009
Sold by
Singh Piara and Singh Kailash K
Bought by
Singh Gurjeet and Martinez Harjeet Singh

Purchase Details

Closed on
Jun 14, 2005
Sold by
Singh Piara
Bought by
Singh Piara and Singh Kailash K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2002
Sold by
Singh Piara and Singh Kailash K
Bought by
Singh Piara and Singh Kailash K

Purchase Details

Closed on
Mar 6, 1998
Sold by
Martinez Harjeet
Bought by
Martinez Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,262
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 1996
Sold by
Federal National Mortgage Association
Bought by
Camara Philip J and Camara Sheila R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,850
Interest Rate
8.39%

Purchase Details

Closed on
Nov 7, 1995
Sold by
Caballero Lorraine C and Zaragoza Martha A
Bought by
Federal National Mortgage Association
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
Chane Ming E $330,000 Fidelity National Title Com
Singh Piara -- None Available
Singh Gurjeet -- None Available
Singh Piara -- Fidelity Natl Title Ins Co
Singh Piara -- Fidelity Natl Title Ins Co
Singh Piara -- --
Martinez Roy -- Central Valley Title Company
Singh Ravindar -- Central Valley Title Company
Singh Piara $102,500 Central Valley Title Company
Camara Philip J $84,000 Fidelity National Title Co
Federal National Mortgage Association $102,274 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singh Piara $240,000
Previous Owner Singh Piara $102,262
Previous Owner Camara Philip J $68,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $330,000 -2.9% $129 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $340,000 -- $133 / 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 $4,481 $361,817 $101,368 $260,449
2023 $4,382 $354,724 $99,381 $255,343
2022 $4,352 $347,770 $97,433 $250,337
2021 $4,182 $340,952 $95,523 $245,429
2020 $4,264 $337,457 $94,544 $242,913
2019 $4,247 $330,841 $92,691 $238,150
2018 $1,903 $145,519 $42,098 $103,421
2017 $1,804 $142,667 $41,273 $101,394
2016 $1,836 $139,870 $40,464 $99,406
2015 $1,835 $137,769 $39,856 $97,913
2014 $1,743 $130,000 $32,000 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18045601

MetroList

APN: 079-080-52