NOT LISTED FOR SALE

Estimated Value: $538,000 - $603,000

5 Beds
4 Baths
2,868 Sq Ft
$199/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $515,000 $180 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,540/month

46 Days on Market

About This Home

As of February 2022

ONE-OF-A-KIND DUPLEX LOCATED IN STONEWOOD #5! 3 BEDROOM 2 BATHROOM UNIT ON ONE SIDE: 2 BEDROOM 2 BATHROOM UNIT ON THE OTHER: TENANTS HAVE ACCESS TO THE LOCAL SWIMMING POOL. EACH UNIT HAS BEEN WELL MAINTAINED. BOTH UNITS HAVE 2 CAR GARAGES! RENTS ARE CURRENTLY UNDER MARKET! AND THE PROPERTY IS STILL PROVIDING A STRONG RETURN FOR THE INVESTOR!

Last Agent to Sell the Property

Randy Thomas

Cornerstone Real Estate Group License #01037761 Listed on: 11/04/2021

Last Buyer's Agent

Randy Thomas

Cornerstone Real Estate Group License #01037761 Listed on: 11/04/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,128

Year Built

  • 1976

Lot Details

  • 9,583

HOA Fees

  • $29 per month

Parking

  • 4

Home Design

  • Mixed Use

Community Details

  • Mandatory Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,128

Year Built

1976

Lot Details

0

HOA Fees

$29 per month

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Mixed Use
  • Property Sub Type: Duplex
  • Number of Three Bedroom Units: 1
  • Architectural Style: Georgian
  • CapRate: 6.00
  • Directions: From Lower Sacramento Road, West on Sunnyoak Way. Property is on the Cornerstone:
  • Building Stories: 1
  • Subdivision Name: Stonewood Unit #5
  • Special Features: None
  • Stories: 1
  • Year Built: 1976

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Free Standing Electric Oven
  • Price Per Square Foot: 178.94
  • Flooring: Carpet, Tile
  • Number Of Buildings: 1
  • Stories: 1
  • Window Features: Other

Exterior Features

  • Roof: See Remarks
  • Foundation Details: Raised
  • Construction Type: Stucco, Frame, Wood
  • Lot Features: Auto Sprinkler F&R, Corner, Curbs/Gutters
  • Patio And Porch Features: Uncovered Patio

Garage/Parking

  • Parking Features: Off Street, Garage
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Cooling: Central
  • Heating: Central
  • Laundry Features: In Each Unit
  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Cable Available
  • Water Source: Public

Association/Amenities

  • Mandatory Association: Yes

Condo/Co-op/Association

  • Amenities: Pool
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: 0

Schools

  • Junior High Dist: Lodi Unified

Lot Info

  • Lot Size Sq Ft: 9601.00
  • Zoning Description: R-2

Rental Info

  • Total # Leasable: 2
  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Trash Collection

Tax Info

  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Two Bedroom Annual Occupancy: 100
  • Three Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 1
  • Three Bedrooms Occupied: 1
  • Annual Gross Income: 34920
  • Income Includes: Rent Only
  • Insurance Expense: 850
  • Maintenance Expense: 100
  • Number Of Units Leased: 2
  • Number of Month to Month Units: 2
  • Number Of Units Total: 2

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Feb 2, 2022
Sold by
Nguyen Phuc M
Bought by
Zhang Zhen Rui
Seller's Agent
Randy Thomas
Cornerstone Real Estate Group
Buyer's Agent
Randy Thomas
Cornerstone Real Estate Group
Sold Price
$515,000
Current Estimated Value
$570,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,218
Avg. Annual Appreciation
2.78%
Original Mortgage
$412,000
Outstanding Balance
$382,108
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$188,110

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jan 19, 2022
Sold by
Samiisoufi Bahram and Samiisoufi Maria De
Bought by
Zhang Zhen Rui
Seller's Agent
Randy Thomas
Cornerstone Real Estate Group
Buyer's Agent
Randy Thomas
Cornerstone Real Estate Group
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Outstanding Balance
$382,108
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$188,110

Purchase Details

Closed on
Nov 1, 2005
Sold by
Samiisoufi Bahram and Gross Maria Detorres
Bought by
Samiisoufi Bahram and Gross Maria Detorres

Purchase Details

Closed on
Nov 12, 2003
Sold by
Trotter David P and Drake William H
Bought by
Samiisouf Bahram and Gross Maria Detorres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.8%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 24, 1997
Sold by
Hud
Bought by
Trotter David P and Drake William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,556
Interest Rate
7.92%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 1996
Sold by
Yvonne Gray and Yvonne George A
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Nov 12, 1996
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Dec 29, 1993
Sold by
Gray Paul
Bought by
Gray Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,664
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 1993
Sold by
Kreis Allen and Allen Kreis L
Bought by
Gray Yvonne and Curry George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,664
Interest Rate
7.09%
Mortgage Type
FHA
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
Zhang Zhen Rui -- New Title Company Name
Zhang Zhen Rui $515,000 New Title Company Name
Samiisoufi Bahram -- --
Samiisouf Bahram $325,000 Chicago Title Co
Trotter David P $125,500 Stewart Title
Countrywide Home Loans Inc $184,554 First American Title Ins Co
Hud -- First American Title Ins Co
Gray Yvonne -- Alliance Title Co
Gray Yvonne $180,000 Alliance Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Zhen Rui $412,000
Closed Zhang Zhen Rui $412,000
Previous Owner Samiisouf Bahram $260,000
Previous Owner Trotter David P $127,556
Previous Owner Gray Yvonne $176,664
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2022 02/07/22 Sold $515,000 +3.0% $180 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/13/2021 12/13/21 For Sale -- -- --
12/01/2021 12/01/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $499,950 -- $174 / 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 $6,128 $546,521 $122,038 $424,483
2024 $6,016 $535,806 $119,646 $416,160
2023 $5,948 $525,300 $117,300 $408,000
2022 $5,735 $507,436 $177,649 $329,787
2021 $4,260 $360,000 $110,000 $250,000
2020 $3,508 $300,000 $107,143 $192,857
2019 $2,461 $210,000 $75,000 $135,000
2018 $2,464 $210,000 $75,000 $135,000
2017 $2,454 $210,000 $75,000 $135,000
2016 $2,137 $190,000 $65,000 $125,000
2014 $2,013 $175,000 $43,000 $132,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221141013

MetroList

APN: 072-300-22