NOT LISTED FOR SALE

926 Wellswood Ave Lodi, CA 95240

East Lodi Neighborhood

Estimated Value: $572,000 - $658,000

6 Beds
3 Baths
2,628 Sq Ft
$233/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2024

Last sale price $625,000 $238 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,881 / mo

8 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 4 Car Garage
  • Laundry closet
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2024

This triplex is being sold as-is. Current rent for unit C is $1400 and unit B is $1300, but could be more. Each unit is 876 square feet, with 2 bedrooms and 1 bathroom. 1 unit has a 2 car garage and the other 2 units have a 1 car garage each. Inside laundry in all 3 units. Close to shopping and highway 99. Great for investors looking for passive income.

Last Agent to Sell the Property

Tamim Kabir

All City Homes License #02068725 Listed on: 01/29/2024

All City Homes

Co-Listed By

Roy Machado

All City Homes License #01819206

Last Buyer's Agent

Susan Partisala

Alliance Realty License #01459503

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 6,451 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Triplex
  • Concrete Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,628 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Linoleum
  • Tile

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 047-300-38

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

6,451 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Triplex
  • Year Built: 1978
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Linoleum
  • Price Per Square Foot: 237.82
  • Square Footage: 2628.00

Exterior Features

  • Construction Materials: Wood
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 585000.00
  • Lot Features: None
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Security: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Laundry Closet, Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: RLD
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.1481
  • Lot Size Sq Ft: 6451.00
  • 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: 2
  • Number of Month to Month Units: 2
  • Number of Units: 3
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 047-300-38
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Mar 1, 2024
Sold by
Qiu Chuntao
Bought by
Ko Eugene Lak
Seller's Agent
Tamim Kabir
All City Homes
Buyer's Agent
Susan Partisala
Alliance Realty
List Price
$585,000
Sold Price
$625,000
Premium/Discount to List
$40,000
6.84%
Views
84
Current Estimated Value
$609,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,864
Avg. Annual Appreciation
-0.97%
Original Mortgage
$360,300
Outstanding Balance
$354,374
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$257,251

Purchase Details

Listed on
Jan 29, 2024
Closed on
Feb 29, 2024
Sold by
Faiz Mohammad Jamshid
Bought by
Ko Eugene Lak
Seller's Agent
Tamim Kabir
All City Homes
Buyer's Agent
Susan Partisala
Alliance Realty
List Price
$585,000
Sold Price
$625,000
Premium/Discount to List
$40,000
6.84%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,300
Outstanding Balance
$354,374
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$257,251

Purchase Details

Listed on
Dec 31, 2020
Closed on
Mar 11, 2021
Sold by
Mirzadeh Zohal
Bought by
Mohammad Jamshid Faiz
Seller's Agent
AZ Chaudhary
KW Sac Metro
Buyer's Agent
AZ Chaudhary
KW Sac Metro
List Price
$498,888
Sold Price
$390,000
Premium/Discount to List
-$108,888
-21.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.15%
Original Mortgage
$367,063
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 31, 2020
Closed on
Feb 1, 2021
Sold by
Hussain Muhammad Abid
Bought by
Mohammad Jamshid Faiz
Seller's Agent
AZ Chaudhary
KW Sac Metro
Buyer's Agent
AZ Chaudhary
KW Sac Metro
List Price
$498,888
Sold Price
$390,000
Premium/Discount to List
-$108,888
-21.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,063
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2018
Sold by
Ashraf Mohammed and Ghaffar Abdul
Bought by
Hussain Muhammad Abid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2005
Sold by
Steen Diane and Lechowicz Diane
Bought by
Steen Diane and Steen Darcy L

Purchase Details

Closed on
Jan 10, 2001
Sold by
Khan Safdar and Khan Rubina
Bought by
Ashfar Mohammad and Ghaffer Abdul
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Ko Eugene Lak -- Homelight Title
Ko Eugene Lak $625,000 Homelight Title
Mohammad Jamshid Faiz -- Chicago Title
Mohammad Jamshid Faiz $390,000 Chicago Title
Hussain Muhammad Abid $140,000 North American Title Company
Ghaffar Abdul -- North American Title Company
Ashraf Mohammed -- North American Title Company
Steen Diane -- None Available
Ashfar Mohammad $140,000 Central Valley Title Company
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 Ko Eugene Lak $360,300
Previous Owner Mohammad Jamshid Faiz $367,063
Previous Owner Hussain Muhammad Abid $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2024 03/06/24 Sold $625,000 +6.8% $238 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $585,000 +50.0% $223 / Sq Ft
03/15/2021 03/15/21 Sold $390,000 -21.8% $148 / Sq Ft View Prior Sale
01/04/2021 01/04/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $498,888 -- $190 / Sq Ft
Source: MetroList

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 $6,932 $637,500 $183,600 $453,900
2024 $4,480 $413,870 $106,120 $307,750
2023 $4,421 $405,756 $104,040 $301,716
2022 $4,323 $513,046 $171,229 $341,817
2021 $5,666 $502,987 $167,872 $335,115
2020 $5,519 $497,830 $166,151 $331,679
2019 $5,408 $488,070 $162,894 $325,176
2018 $2,088 $185,393 $46,348 $139,045
2017 $2,042 $181,759 $45,440 $136,319
2016 $1,915 $178,196 $44,549 $133,647
2014 $1,865 $150,000 $37,000 $113,000
Source: Public Records

Agents Affiliated with this Home

  • Tamim Kabir

    Seller's Agent in 2024

    Tamim Kabir

    All City Homes

    (916) 897-6194

    1 in this area

    52 Total Sales

    Tamim Kabir
    Section Image
  • Roy Machado

    Seller Co-Listing Agent in 2024

    Roy Machado

    All City Homes

    (916) 410-6575

    1 in this area

    182 Total Sales

    Roy Machado
    Section Image
  • Susan Partisala

    Buyer's Agent in 2024

    Susan Partisala

    Alliance Realty

    (209) 598-6214

    1 in this area

    14 Total Sales

    Susan Partisala
    Section Image
  • AZ Chaudhary

    Seller's Agent in 2021

    AZ Chaudhary

    KW Sac Metro

    (916) 280-0928

    17 Total Sales

    AZ Chaudhary
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 224008404

MetroList

APN: 047-300-38

California San Joaquin County Lodi 95240 East Lodi

926 Wellswood Ave, Lodi, CA

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