NOT LISTED FOR SALE

913 Wellswood Ave Lodi, CA 95240

East Lodi Neighborhood

Estimated Value: $626,000 - $668,000

9 Beds
5 Baths
100 Sq Ft
$6,477/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $600,000 $6,000 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,015/month

235 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Security Gate

About This Home

As of March 2023

Investment Opportunity! 4 units, 2 buildings. Long term tenants in all units, would like to stay. Main house offers a full basement with additional rooms. 3 bedrooms on main level & 3 bedrooms with possible main living area in lower level basement. 2 apartments upstairs above main house, both are 1 bed 1 bath units. Back house offers 2 bed 1 bath & inside laundry. Needs some TLC, has tons of potential.

Last Agent to Sell the Property

JaCi Wallace

RE/MAX Gold Sierra Oaks License #00773532 Listed on: 08/01/2022

RE/MAX Gold Sierra Oaks

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,801

Year Built

  • Built in 1946

Lot Details

  • 6,438 Sq Ft Lot
  • Few Trees

Home Design

  • Quadruplex
  • Fixer Upper
  • Raised Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Security Gate

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Concrete

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 8 Parking Spaces
  • Carport
  • On-Street Parking
  • Open Parking

Utilities

  • Window Unit Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, rent only, electricity, gas
  • Assessor Parcel Number 047-300-08

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,801

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments,House(s)
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built: 1946
  • Architectural Style: Ranch
  • Levels: Two
  • Stories: 2
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 1
  • Number of Four Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Dishwasher, Disposal, Varies By Unit
  • Flooring: Carpet, Concrete, Linoleum, Wood, Varies by Unit
  • Basement: Storage Area, Full
  • Price Per Square Foot: 222.14

Exterior Features

  • Construction Materials: Frame, Wood
  • Disclosures/Documents: Preliminary Title Report, Seller Property Questionnaire, Transfer Disclosure Statement, Natural Hazard Disclosure Available
  • Foundation: Raised
  • Listing Price: 699000.00
  • Lot Features: Shape Regular, Sidewalk
  • Patio And Porch Features: Varies by Unit
  • Property Condition: Fixer
  • Roof: Composition
  • Topography: Trees Few

Garage/Parking

  • Parking Features: Open, Carport, Street, Other
  • Total Parking Spaces: 8.00

Utilities

  • Security: Double Strapped Water Heater, Security Gate
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected
  • Cooling: Window Unit(s), Varies by Unit
  • Electric: 220 Volts
  • Heating: Varies by Unit
  • Laundry Features: Varies by Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: R
  • Irrigation: None
  • Lot Size Acres: 0.1478
  • Lot Size Sq Ft: 6438.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Rent Only, Electricity, Gas

Multi Family

  • Income Includes: Rent Only
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 047-300-08
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Mar 16, 2023
Sold by
Nelson Steven C
Bought by
Khan Jasid
Seller's Agent
JaCi Wallace
RE/MAX Gold Sierra Oaks
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$699,000
Sold Price
$600,000
Premium/Discount to List
-$99,000
-14.16%
Views
258
Current Estimated Value
$647,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,669
Avg. Annual Appreciation
3.06%
Original Mortgage
$450,000
Outstanding Balance
$435,771
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$211,898

Purchase Details

Closed on
Oct 22, 1997
Sold by
Steven Nelson
Bought by
Nelson Steven C and Nelson Heidi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
7.36%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Khan Jasid $600,000 Old Republic Title
Nelson Steven C -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Jasid $450,000
Previous Owner Nelson Steven C $144,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $699,000 +16.5% $6,990 / Sq Ft
03/24/2023 03/24/23 Sold $600,000 0.0% $6,000 / Sq Ft
02/15/2023 02/15/23 Off Market $600,000 -- --
08/01/2022 08/01/22 For Sale $699,000 -- $6,990 / 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 $6,801 $624,240 $156,060 $468,180
2024 $6,615 $612,000 $153,000 $459,000
2023 $985 $93,654 $13,781 $79,873
2022 $962 $91,818 $13,511 $78,307
2021 $977 $90,019 $13,247 $76,772
2020 $952 $89,097 $13,112 $75,985
2019 $932 $87,351 $12,855 $74,496
2018 $918 $85,639 $12,603 $73,036
2017 $897 $83,960 $12,356 $71,604
2016 $841 $82,314 $12,114 $70,200
2014 $812 $79,491 $11,699 $67,792
Source: Public Records

Agents Affiliated with this Home

  • JaCi Wallace

    Seller's Agent in 2023

    JaCi Wallace

    RE/MAX

    (916) 216-5224

    1 in this area

    175 Total Sales

    JaCi Wallace
    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 222076343

MetroList

APN: 047-300-08

California San Joaquin County Lodi 95240 East Lodi

913 Wellswood Ave, Lodi, CA

This home is located at 913 Wellswood Ave, Lodi, CA 95240 since 01 August 2022 and is currently estimated at $647,669, approximately $6,476 per square foot. This property was built in 1946. 913 Wellswood Ave is a home located in San Joaquin County with nearby schools including Heritage Elementary School, Lodi Middle School, and Tokay High 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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