NOT LISTED FOR SALE

Estimated Value: $516,762 - $605,000

7 Beds
6 Baths
19,998 Sq Ft
$28/Sq Ft Est. Value

Last Sold November 19, 2012

Last sale price $162,500 $8 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $3,254/month

27 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 3 Car Garage
  • Furnished
  • Central Heating and Cooling System

About This Home

As of November 2012

If you are looking for the ideal income-making machine, well, you've just found it. This property has 3 long-term tenants. One unit has 3 bedrooms, 2 bths with a 2-car garage; and the other 2 units have 2 bedrooms and 1-1/2 bths with 1-car garage each. Each Unit has a good-sized backyard. Property recently updated with the following upgrades:2 new AC units, exterior and interior paint, tile flooring, carpet in bedrooms only, new garage doors, new appliances, iron gate around the front courtyard.

Last Agent to Sell the Property

Jason Collins

Jason J. Collins Real Estate License #01453612 Listed on: 09/27/2012

Last Buyer's Agent

Lai Khoonsrivong

Fathom Realty Group, Inc. License #01334282

Fathom Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 1980

Lot Details

  • 8,668

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Furnished

Additional Features

  • Lot Dimensions: 8276
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 080-030-10

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,374

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1980
  • Architectural Style: Contemporary
  • Stories: 2
  • Number of Two Bedroom Units: 2
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2011

Interior Features

  • Appliances: Built-In Electric Oven,Disposal,Free Standing Electric Range,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Tile

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 169000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage

Utilities

  • Security: Unguarded Gate,Window Security Bars
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: TRIPLEX
  • Lot Dimensions: 8276

Rental Info

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

Multi Family

  • Gross Income: 27480
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 3
  • Number of Units: 3
  • Units Furnished: All Units

Tax Info

  • Assessor Parcel Number: 080-030-10

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2012
Closed on
Nov 15, 2012
Sold by
Nguyen Hong
Bought by
Sun Shifang and Wood William G
Seller's Agent
Jason Collins
Jason J. Collins Real Estate
Buyer's Agent
Lai Khoonsrivong
Fathom Realty Group, Inc.
List Price
$169,000
Sold Price
$162,500
Premium/Discount to List
-$6,500
-3.85%
Current Estimated Value
$565,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,691
Avg. Annual Appreciation
9.87%

Purchase Details

Closed on
Aug 31, 2011
Sold by
Federal National Mortgage Association
Bought by
Nguyen Hong

Purchase Details

Closed on
Feb 5, 2010
Sold by
Castillo Juan and Castillo Bertha A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 18, 2003
Sold by
Somal Narinder S and Somal Satwant K
Bought by
Castillo Juan and Castillo Bertha A

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
6.04%
Mortgage Type
Purchase Money Mortgage
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
Sun Shifang $162,500 North American Title Co Inc
Nguyen Hong $88,000 Servicelink
Federal National Mortgage Association $245,787 Landsafe Title
Castillo Juan -- Alliance Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castillo Juan $80,000
Previous Owner Castillo Juan $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2012 11/19/12 Sold $162,500 -3.8% $8 / Sq Ft
10/24/2012 10/24/12 Pending -- -- --
09/27/2012 09/27/12 For Sale $169,000 -- $8 / 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 $2,374 $196,176 $60,361 $135,815
2023 $2,345 $192,330 $59,178 $133,152
2022 $2,176 $188,560 $58,018 $130,542
2021 $2,225 $184,864 $56,881 $127,983
2020 $2,172 $182,969 $56,298 $126,671
2019 $2,123 $179,383 $55,195 $124,188
2018 $2,085 $175,866 $54,113 $121,753
2017 $2,037 $172,418 $53,052 $119,366
2016 $1,920 $169,038 $52,012 $117,026
2014 $1,891 $163,238 $50,227 $113,011
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12059208

MetroList

APN: 080-030-10