NOT LISTED FOR SALE

Estimated Value: $429,000 - $594,000

7 Beds
6 Baths
1,800 Sq Ft
$290/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $263,000 $146 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,146/month

41 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of February 2016

Great opportunity for turnkey investment. Large triplex, all rented with good long term tenets that keep the place looking good. Located in Lodi Unified School district. Each unit features master bedroom with bath ,fireplace,central Heat/Air, indoor laundry hookups and a 1 car garage.Tenants pay all utilities and with a possible Cap rate of 9% you cant go wrong.

Last Agent to Sell the Property

Efren Rivera

PMZ Real Estate License #01725501 Listed on: 12/12/2015

PMZ Real Estate

Co-Listed By

Darrell Isaacs

Genesis Real Estate Group License #00556614

Last Buyer's Agent

Yong Chang Lai

H & L Realty Inc License #01311980

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7,009

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • 7,009 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,075
  • Tenant pays for electricity gas sewer water
  • Assessor Parcel Number 078-380-31

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month
  • Operating Expense $14,930

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

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

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Carpet,Tile

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Transfer Disclosure Statement
  • Listing Price: 269900.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage,1 Space Per Unit

Utilities

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

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: R-3
  • Lot Size Acres: 0.1609
  • Lot Size Sq Ft: 7009

Rental Info

  • Tenant Pays: Electricity,Gas,Sewer,Water
  • Total Deposit: 2075
  • Total # Leasable: 3

Multi Family

  • Gross Income: 26400
  • Operating Expense: 14930
  • Income Includes: Rent Only
  • Existing Lease Type: Other
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 078-380-31
  • Current RE Taxes: 21343

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2016
Sold by
Boun Sam B and Boun Sokun T
Bought by
Boun Sokun T and Bancroft One Trust
Current Estimated Value
$522,083

Purchase Details

Listed on
Dec 12, 2015
Closed on
Jan 28, 2016
Sold by
Rodriquez Michael S and Rodriquez Jerilyn
Bought by
Boun Sam B and Boun Sokun T
Seller's Agent
Efren Rivera
PMZ Real Estate
Buyer's Agent
Yong Chang Lai
H & L Realty Inc
List Price
$269,900
Sold Price
$263,000
Premium/Discount to List
-$6,900
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$184,100
Outstanding Balance
$148,603
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$353,144

Purchase Details

Listed on
Jun 18, 2013
Closed on
Aug 15, 2013
Sold by
Joe Linda K and Lem Wayne
Bought by
Rodriguez Michael S and Rodriguez Jerilyn
Seller's Agent
David Renison
Renison Realty
List Price
$180,000
Sold Price
$185,000
Premium/Discount to List
$5,000
2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.37%
Original Mortgage
$138,700
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2007
Sold by
Lem Doris Joe and Joe Doris L
Bought by
Lem Wayne and Lem Doris Joe
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
Boun Sokun T -- None Available
Boun Sam B $263,000 Old Republic Title Company
Rodriguez Michael S $185,000 Placer Title Company
Lem Wayne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boun Sam B $184,100
Previous Owner Rodriguez Michael S $137,900
Previous Owner Rodriguez Michael S $138,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $263,000 -2.6% $146 / Sq Ft
01/09/2016 01/09/16 Pending -- -- --
11/29/2015 11/29/15 For Sale $269,900 +45.9% $150 / Sq Ft
08/21/2013 08/21/13 Sold $185,000 +2.8% $63 / Sq Ft
07/05/2013 07/05/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $180,000 -- $61 / 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 $3,612 $311,030 $87,041 $223,989
2023 $3,570 $304,933 $85,335 $219,598
2022 $3,411 $298,955 $83,662 $215,293
2021 $3,489 $293,094 $82,022 $211,072
2020 $3,406 $290,089 $81,181 $208,908
2019 $3,328 $284,402 $79,590 $204,812
2018 $3,269 $278,827 $78,030 $200,797
2017 $3,192 $273,360 $76,500 $196,860
2016 $2,166 $191,573 $67,309 $124,264
2015 $2,168 $188,697 $66,299 $122,398
2014 $2,134 $185,000 $65,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 15076801

MetroList

APN: 078-380-31