NOT LISTED FOR SALE

Estimated Value: $780,000 - $942,000

8 Beds
4 Baths
3,200 Sq Ft
$273/Sq Ft Est. Value

Sale Details

Date Sold: April 11, 2024

Last sale price $922,500 $288 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,694 / mo

4 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Wood Siding
  • Lathrop High School Rated A-
  • Laundry Facilities
  • Vinyl Flooring

About This Home

As of April 2024

Attention Investors!! Turn-Key Rental. 4 Unit Apartment Complex located in Lathrop. This unit sits on a 11,326 sq ft parcel which features (4) two bedroom one bath units with approximately 800 square feet of living space. The Floor Plans are open and Airy. Newly painted exterior. 3 of 4 Freshly painted inside and out with New Luxury Vinyl Plank flooring. The Kitchens are a perfect size with 3 of 4 with NEW Counters, Cabinets and Appliances. 3 of 4 bathrooms have been updated with NEW Showers and vanities. All 4 with Brand New Wall Heating and Air Systems. New landscaping, Roof and Fence. Common Laundry Room for tenants. Located close to shopping and Dining. A True Investors Dream this is a must See!!

Last Agent to Sell the Property

Frank Silveria III

KW Central Valley License #01306251 Listed on: 03/09/2024

KW Central Valley

Last Buyer's Agent

Rana Wahhab

KW Central Valley License #02150858

KW Central Valley

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 11,191 Sq Ft Lot

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Leased Washer and Dryer

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range

Parking

  • 9 Parking Spaces
  • Uncovered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 196-170-12

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 3 Vacant Units
  • 1 Unit Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Remodeled

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Year Built: 1964
  • Architectural Style: Contemporary
  • Levels: Two
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Free Standing Electric Oven, Free Standing Electric Range
  • Flooring: Vinyl
  • Price Per Square Foot: 288.28
  • Square Footage: 3200.00

Exterior Features

  • Construction Materials: Wood Siding
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 995000.00
  • Lot Features: Shape Regular
  • New Construction: No
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Flat
  • Spa: No
  • View Description: Other

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 9.00

Utilities

  • Security: Fire Extinguisher, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: City
  • Cooling: Wall Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Leased, In Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Manteca Unified

Lot Info

  • Zoning Description: residential
  • Irrigation: None
  • Lot Size Acres: 0.2569
  • Lot Size Sq Ft: 11191.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 4
  • Number of Vacant Units: 3
  • Total Number Owner Occupied: 1

Tax Info

  • Assessor Parcel Number: 196-170-12
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
Apr 9, 2024
Sold by
Real Estate Investments 209 Holding Co L
Bought by
Seller's Agent
Frank Silveria III
KW Central Valley
Buyer's Agent
Rana Wahhab
KW Central Valley
List Price
$995,000
Sold Price
$922,500
Premium/Discount to List
-$72,500
-7.29%
Views
68
Current Estimated Value
$873,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,096
Avg. Annual Appreciation
-2.26%
Original Mortgage
$691,875
Outstanding Balance
$675,824
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$197,580

Purchase Details

Listed on
Sep 20, 2023
Closed on
Nov 16, 2023
Sold by
Trust Of Karin T Meyer and Karin T Meyer Trust
Bought by
Real Estate Investments 209 Holding Co Llc
Seller's Agent
Kyle Ballard
KW Central Valley
Buyer's Agent
Laurie Hovey
Keller Williams Realty
List Price
$515,000
Sold Price
$565,000
Premium/Discount to List
$50,000
9.71%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
240.64%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in East Lathrop, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$922,500 None Listed On Document
Real Estate Investments 209 Holding Co Llc $565,000 Old Republic Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $691,875
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2024 04/11/24 Sold $922,500 -7.3% $288 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $995,000 +76.1% $311 / Sq Ft
11/17/2023 11/17/23 Sold $565,000 +9.7% $565 / Sq Ft View Prior Sale
09/26/2023 09/26/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $515,000 -- $515 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,779 $940,950 $224,400 $716,550
2024 $6,785 $565,000 $150,000 $415,000
2023 $1,794 $127,378 $25,880 $101,498
2022 $1,767 $124,881 $25,373 $99,508
2021 $1,739 $122,433 $24,876 $97,557
2020 $1,680 $121,178 $24,621 $96,557
2019 $1,658 $118,803 $24,139 $94,664
2018 $1,635 $116,474 $23,666 $92,808
2017 $1,611 $114,191 $23,202 $90,989
2016 $1,573 $111,952 $22,747 $89,205
2014 $1,469 $108,112 $21,967 $86,145
Source: Public Records

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Map

Source: MetroList

MLS Number: 224022393

MetroList

APN: 196-170-12

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