NOT LISTED FOR SALE

Estimated Value: $425,000 - $507,155

4 Beds
4 Baths
2,184 Sq Ft
$216/Sq Ft Est. Value

Last Sold February 12, 2018

Last sale price $286,500 $131 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,852/month

5 Days on Market

Highlights

  • A-Frame Home
  • Double Pane Windows
  • Central Heating and Cooling System
  • No HOA
  • Patio
  • 2 Car Garage

About This Home

As of February 2018

Turn Key investment opportunity. One unit has just been remodeled and the second unit has a long term tenant in place. NEW tile flooring, New Doors, Newer HVAC systems, New interior and exterior painting, new carpet, new microwave, remodeled bathrooms and more.

Last Agent to Sell the Property

David McKeever

Fathom Realty Group, Inc. License #01839991 Listed on: 01/14/2018

Fathom Realty Group, Inc.

Last Buyer's Agent

Darlene Johnson

Goree & Thompson Real Estate, Inc. License #01307308

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,607

Year Built

  • Built in 1979

Lot Details

  • 6,499

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • A-Frame Home
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • Patio
  • 6,499 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity sewer trash collection water
  • Assessor Parcel Number 072-100-10

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,607

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1979
  • Architectural Style: A-Frame
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Dishwasher,Disposal,Microwave
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 299000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Yard Space
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: Res
  • Lot Size Acres: 0.1492
  • Lot Size Sq Ft: 6499

Rental Info

  • Tenant Pays: Electricity,Sewer,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Gross Income: 24684
  • Income Includes: See Remarks
  • Number of Leased Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 072-100-10

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2018
Closed on
Feb 6, 2018
Sold by
Ambrose James Timothy and Ambrose Patricia
Bought by
Coleman Michael Jamal
Seller's Agent
David McKeever
Fathom Realty Group, Inc.
Buyer's Agent
Darlene Johnson
Goree & Thompson Real Estate, Inc.
List Price
$299,000
Sold Price
$286,500
Premium/Discount to List
-$12,500
-4.18%
Current Estimated Value
$468,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,691
Avg. Annual Appreciation
6.78%
Original Mortgage
$278,856
Outstanding Balance
$241,670
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$227,210

Purchase Details

Closed on
Nov 10, 2000
Sold by
Ray Carole S
Bought by
Ambrose James Timothy and Ambrose Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,305
Interest Rate
8.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 1999
Sold by
Beckwith Gary L and Beckwith Marcy A
Bought by
Ray Carole S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
10.5%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Coleman Michael Jamal $286,500 First American Title Company
Ambrose James Timothy $108,000 First American Title Co
Ray Carole S $80,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Michael Jamal $278,856
Previous Owner Ambrose James Timothy $90,000
Previous Owner Ambrose James Timothy $69,305
Previous Owner Ray Carole S $68,000
Closed Ray Carole S $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2018 02/12/18 Sold $286,500 -4.2% $131 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $299,000 -- $137 / 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 $3,607 $319,590 $84,674 $234,916
2023 $3,567 $313,324 $83,014 $230,310
2022 $3,486 $307,182 $81,387 $225,795
2021 $3,567 $301,160 $79,792 $221,368
2020 $3,482 $298,073 $78,974 $219,099
2019 $3,401 $292,229 $77,426 $214,803
2018 $1,688 $143,017 $39,726 $103,291
2017 $1,649 $140,214 $38,948 $101,266
2016 $1,554 $137,466 $38,185 $99,281
2014 $1,332 $115,000 $28,000 $87,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18002192

MetroList

APN: 072-100-10