NOT LISTED FOR SALE

Estimated Value: $332,000 - $398,124

4 Beds
2 Baths
1,467 Sq Ft
$253/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $400,000 $273 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,134/month

102 Days on Market

Highlights

  • Wood Flooring
  • Central Heating
  • 2 Car Garage
  • No HOA
  • Ceiling Fan
  • 1-Story Property

About This Home

As of January 2024

Incredible Investment Opportunity Near University of the Pacific! Discover an exceptional rental property just moments from the University of the Pacific. This offering features two updated houses on one spacious lot, making it a prime investment prospect. The front house boasts 3 bedrooms, 1 bathroom, utility/laundry room, and a large 2-car detached garage. Recent upgrades include newer central heat/air, roof, appliances, water heater, and garbage disposal, ensuring modern comfort and convenience. The second unit is a charming 1-bedroom, 1-bath home featuring newer mini split heat/air, roof, appliances, water heater, dual pane windows, and a garbage disposal. Both houses showcase bonus basements, offering additional space for various needs. Located in a desirable area, this property is close to the University of the Pacific, making it highly attractive for students and faculty. With its impressive updates, dual housing units, and convenient location near shopping and dining, this is a golden opportunity for investors. Don't miss out-seize your chance to own this outstanding property!

Last Agent to Sell the Property

Michael Blower

RE/MAX Grupe Gold License #01329791 Listed on: 08/19/2023

RE/MAX Grupe Gold

Last Buyer's Agent

David Aguero

RE/MAX Grupe Gold License #01279570

RE/MAX Grupe Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,205

Year Built

  • Built in 1925

Lot Details

  • 5,001 Sq Ft Lot

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Raised Foundation
  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Free-Standing Gas Range
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 115-140-05

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,205

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1925
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Disposal
  • Flooring: Tile, Laminate, Wood
  • Price Per Square Foot: 272.67

Exterior Features

  • Construction Materials: Frame
  • Foundation: Raised
  • Listing Price: 435000.00
  • Lot Features: Sidewalk, Other

Garage/Parking

  • Open Parking Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Ceiling Fan(s)
  • Heating: Central
  • Laundry Features: Varies by Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: SFR
  • Irrigation: None
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • One Bedrooms Occupied: 1

Tax Info

  • Assessor Parcel Number: 115-140-05
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Feb 10, 2024
Sold by
Desousa Frank and Desousa Bernadette
Bought by
Desousa Frank and Desousa Annette B
Seller's Agent
Michael Blower
RE/MAX Grupe Gold
Buyer's Agent
David Aguero
RE/MAX Grupe Gold
List Price
$435,000
Sold Price
$400,000
Premium/Discount to List
-$35,000
-8.05%
Views
122
Current Estimated Value
$371,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,219
Avg. Annual Appreciation
-3.98%
Original Mortgage
$200,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2023
Closed on
Dec 15, 2023
Sold by
Long Larry and Long Joanne
Bought by
Desousa Frank L and De Sousa Bernadette
Seller's Agent
Michael Blower
RE/MAX Grupe Gold
Buyer's Agent
David Aguero
RE/MAX Grupe Gold
List Price
$435,000
Sold Price
$400,000
Premium/Discount to List
-$35,000
-8.05%
Views
122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2017
Sold by
Long Larry and Long Joanne
Bought by
Long Larry and Long Joanne

Purchase Details

Listed on
Aug 21, 2017
Closed on
Sep 20, 2017
Sold by
Lavagnino Arthur A and Lavagnino Jonnie L
Bought by
Long Larry and Long Joanne
Seller's Agent
Angelique Ghio
Bruce Ghio Realty
Buyer's Agent
Michael Blower
RE/MAX Grupe Gold
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%

Purchase Details

Closed on
Oct 18, 2004
Sold by
Lavagnino Arthur A
Bought by
Lavagnino Arthur A and Lavagnino Jonnie L
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
Desousa Frank -- None Listed On Document
Desousa Frank L $400,000 Chicago Title
Long Larry -- None Available
Long Larry $180,000 Placer Title Company
Lavagnino Arthur A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desousa Frank L $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2024 01/09/24 Sold $400,000 -8.0% $273 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
11/24/2023 11/24/23 For Sale $435,000 0.0% $297 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
08/19/2023 08/19/23 For Sale $435,000 +141.7% $297 / Sq Ft
09/22/2017 09/22/17 Sold $180,000 -2.7% $163 / Sq Ft View Prior Sale
08/29/2017 08/29/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $185,000 -- $167 / 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
2025 $2,205 $176,358 $51,200 $125,158
2024 $2,170 $172,901 $50,197 $122,704
2023 $2,117 $169,512 $49,213 $120,299
2022 $2,079 $166,190 $48,249 $117,941
2021 $1,998 $162,932 $47,303 $115,629
2020 $2,037 $161,262 $46,818 $114,444
2019 $2,029 $158,100 $45,900 $112,200
2018 $1,675 $130,000 $45,000 $85,000
2017 $579 $45,095 $9,927 $35,168
2016 $589 $44,212 $9,733 $34,479
2014 $563 $42,695 $9,399 $33,296
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 223080078

MetroList

APN: 115-140-05