NOT LISTED FOR SALE

Estimated Value: $464,000 - $525,000

5 Beds
4 Baths
2,350 Sq Ft
$211/Sq Ft Est. Value

Last Sold August 16, 2017

Last sale price $305,000 $130 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,172/month

121 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • Walk-In Closet
  • High Ceiling
  • Skylights
  • Tile Flooring

About This Home

As of August 2017

Excellent cashflow! Beautiful, well-maintained duplex with great rental income! Both sides have been renovated over the recent years: granite counter top, newer interior paint, dual paned windows (left side), A/C unit, new side/back fences, laminate flooring...etc. Bright and open floor plan with high ceiling. Unit 1 is a 2Bed/2Bath, Unit 2 is 3Bed/2Bath. Both with a separate 2-car parking garage! Total rent received is ~ $2500/month! PLEASE DO NOT DISTURB OCCUPANTS! Thanks!

Last Agent to Sell the Property

Patrick Doan

Akimax Lending License #01881244 Listed on: 04/10/2017

Co-Listed By

Angelina Doan

Akimax Lending License #01700793

Last Buyer's Agent

Danilo Perez

Prestigio Real Estate License #01341608

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,916

Year Built

  • 1980

Lot Details

  • 7,667

Parking

  • 4 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • Walk-In Closet
  • 2,350 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Additional Features

  • 7,667 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $29,868

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $600
  • Insurance Expense $750
  • Operating Expense $3,364
  • Gross Income $29,868

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,916

Year Built

1980

Lot Details

0

Parking

4

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Contemporary
  • Age: 37
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2350
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Interior Features

  • Kitchen: Countertop - Granite, Dishwasher, Oven - Electric, Refrigerator
  • Living Sq Ft: 2350
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Cooling System: Central Ac, Central Forced Air - Gas
  • Heating System: Central Forced Air, Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-In Closet

Schools

  • School District: Lodi Unified

Lot Info

  • Lot Acres: 0.1760
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7679.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7679.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 10.04
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 750
  • Expense Landscape: 600
  • Expenses Total: 3364
  • Income Annual Gross: 29868.00
  • Income Annual Rental: 29868
  • Income Gross Scheduled: 29868
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance
  • Tenant Expenses: Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2017
Closed on
Aug 8, 2017
Sold by
Doan Patrick and Doan Angelina
Bought by
Thomas Jesus D and Granberry Keomi D
Seller's Agent
Patrick Doan
Akimax Lending
Buyer's Agent
Danilo Perez
Prestigio Real Estate
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%
Current Estimated Value
$504,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,470
Avg. Annual Appreciation
6.62%
Original Mortgage
$228,750
Outstanding Balance
$192,687
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$316,231

Purchase Details

Listed on
Feb 16, 2014
Closed on
May 23, 2014
Sold by
Cutchlow Yvonne and Cutchlow Adonis
Bought by
Doan Patrick and Doan Angelina
Seller's Agent
Frank Thornton
Arriaga Real Estate
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$185,000
Sold Price
$173,000
Premium/Discount to List
-$12,000
-6.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.39%
Original Mortgage
$129,750
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2011
Sold by
Cutchlow Yvonne and Cutchlow Adonis
Bought by
Cutchlow Yvonne and Cutchlow Adonis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2011
Sold by
Le Van
Bought by
Cutchlow Yvonne and Cutchlow Adonis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2010
Sold by
Ho David
Bought by
Le Van

Purchase Details

Closed on
Nov 24, 2010
Sold by
Azad Hukam and Azad Pratima
Bought by
Le Van

Purchase Details

Closed on
Aug 31, 2004
Sold by
Azad Hukam and Azad Pratima
Bought by
Azad Hukam and Azad Pratima

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
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2004
Sold by
Azad Hukam and Azad Pratima
Bought by
Azad Hukam and Azad Pratima

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
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2003
Sold by
Azad Hukam and Azad Pratima
Bought by
Azad Hukam and Azad Pratima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.72%

Purchase Details

Closed on
Apr 25, 2003
Sold by
Somal Narinder S and Somal Satwant K
Bought by
Azad Hukam and Azad Pratima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.72%

Purchase Details

Closed on
Aug 29, 2001
Sold by
Mahal Gurdev K
Bought by
Somal Narinder S and Somal Satwant K
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
Thomas Jesus D $305,000 Chicago Title Company
Doan Patrick $173,000 Orange Coast Title Company
Cutchlow Yvonne -- None Available
Cutchlow Yvonne $140,000 Chicago Title Company
Le Van -- Old Republic Title Company
Le Van $85,000 Old Republic Title Company
Azad Hukam -- Chicago Title Co
Azad Hukam -- Chicago Title Co
Azad Hukam -- Chicago Title Co
Azad Hukam -- Alliance Title Co
Azad Hukam -- Alliance Title Co
Somal Narinder S -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Jesus D $228,750
Previous Owner Doan Patrick $129,750
Previous Owner Cutchlow Yvonne $105,000
Previous Owner Azad Hukam $232,000
Previous Owner Azad Hukam $240,000
Previous Owner Azad Hukam $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2017 08/16/17 Sold $305,000 +1.7% $130 / Sq Ft
08/10/2017 08/10/17 Pending -- -- --
06/20/2017 06/20/17 Price Changed $299,888 +0.3% $128 / Sq Ft
06/13/2017 06/13/17 For Sale $299,000 0.0% $127 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $299,000 +72.8% $127 / Sq Ft
06/04/2014 06/04/14 Sold $173,000 -6.5% $75 / Sq Ft
04/20/2014 04/20/14 Pending -- -- --
02/16/2014 02/16/14 For Sale $185,000 -- $80 / Sq Ft
Source: MLSListings

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 $4,916 $340,228 $122,704 $217,524
2023 $3,857 $333,558 $120,299 $213,259
2022 $4,710 $327,019 $117,941 $209,078
2021 $3,796 $320,608 $115,629 $204,979
2020 $3,706 $317,322 $114,444 $202,878
2019 $3,620 $311,100 $112,200 $198,900
2018 $3,556 $305,000 $110,000 $195,000
2017 $2,138 $182,729 $63,374 $119,355
2016 $2,015 $179,147 $62,132 $117,015
2014 $1,654 $143,448 $43,034 $100,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81646116

MLSListings

APN: 080-020-08