NOT LISTED FOR SALE

Lodi, CA 95240

North Lodi Neighborhood

Estimated Value: $487,000 - $577,000

Studio
4 Baths
-- Sq Ft
6,700 Sq Ft Lot

Last Sold April 20, 2021

Last sale price $479,999

Est. 11% increase in value since last sale

Current estimated payment $3,244/month

20 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • 1-Story Property
  • The community has rules related to allowing live work

About This Home

As of April 2021

Welcome to Lodi! Here is a great duplex ready for the next investor. Each side is 2 bedrooms 1 bath with a 1 car garage on each side, with cute back yards for both. Located on a corner lot gives each tenant their own privacy. Both are currently rented with great tenants who would like to stay. Located close to schools and a park. Easy access to 99. Make sure to watch the virtual walk thru.

Last Agent to Sell the Property

Cindy Borgerding

Grupe Real Estate License #01941267 Listed on: 02/19/2021

Grupe Real Estate

Last Buyer's Agent

Bonnie Darrah

LPT Realty Inc. License #01901055

LPT Realty Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,700 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Electric Range

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Tenant pays for electricity trash collection see remarks
  • Assessor Parcel Number 041-260-22

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • The community has rules related to allowing live work

Building Details

  • 2 Units Leased Month-To-Month
  • Insurance Expense $2,000
  • Maintenance Expense $1,800
  • Other Expense $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Live/Work
  • Property Subtype 1: Duplex
  • Year Built: 1965
  • Architectural Style: Vintage
  • Levels: One
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Flooring: Linoleum,Wood
  • Basement: None

Exterior Features

  • Construction Materials: Brick,Stucco
  • Exterior Features: Fenced Yard
  • Foundation: Concrete,Slab
  • Listing Price: 495000.00
  • Lot Features: Corner,Court,Curbs/Gutters,Landscape Back,Landscape Front
  • Patio And Porch Features: Varies by Unit,See Remarks
  • Property Condition: Varies by Unit
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached,Off Street,Garage
  • Total Parking Spaces: 3

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: All Electric
  • Cooling: Window Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: Other,Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: See Remarks

Condo/Co-op/Association

  • Association: No
  • Floors: 1

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: Residential
  • Irrigation: None
  • Lot Size Acres: 0.1538
  • Lot Size Sq Ft: 6700

Rental Info

  • Tenant Pays: Electricity,Trash Collection,See Remarks
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 2000
  • Maintenance Expense: 1800
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Two Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 041-260-22
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2022
Sold by
Cabrera Abraham Torres
Bought by
Tm Investors Llc
Current Estimated Value
$530,846

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 20, 2021
Sold by
Flockhart Barbara Jean
Bought by
Barbara Flockhart Revocable Trust and Lea
Seller's Agent
Cindy Borgerding
Grupe Real Estate
Buyer's Agent
Bonnie Darrah
LPT Realty Inc.
List Price
$495,000
Sold Price
$479,999
Premium/Discount to List
-$15,001
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$350,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 16, 2021
Sold by
Millin Araceli
Bought by
Cabrera Abraham Torres
Seller's Agent
Cindy Borgerding
Grupe Real Estate
Buyer's Agent
Bonnie Darrah
LPT Realty Inc.
List Price
$495,000
Sold Price
$479,999
Premium/Discount to List
-$15,001
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 14, 2021
Sold by
Barbara Flockhart Revocable Trust and Schmer Nancy
Bought by
Cabrera Abraham Torres
Seller's Agent
Cindy Borgerding
Grupe Real Estate
Buyer's Agent
Bonnie Darrah
LPT Realty Inc.
List Price
$495,000
Sold Price
$479,999
Premium/Discount to List
-$15,001
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2009
Sold by
Lea Barbara
Bought by
Flockhart Barbara and Barbara Flockhart Revocable Tr
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

Date Buyer Sale Price Title Company
Tm Investors Llc -- --
Barbara Flockhart Revocable Trust -- --
Cabrera Abraham Torres -- Chicago Title
Cabrera Abraham Torres $480,000 Chicago Title
Flockhart Barbara -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cabrera Abraham Torres $350,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2021 04/20/21 Sold $479,999 -3.0% --
03/11/2021 03/11/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $495,000 -- --
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 $5,646 $519,564 $189,425 $330,139
2024 $5,492 $509,377 $185,711 $323,666
2023 $5,421 $499,390 $182,070 $317,320
2022 $1,312 $119,449 $39,815 $79,634
2021 $1,336 $117,108 $39,035 $78,073
2020 $1,301 $115,908 $38,635 $77,273
2019 $1,276 $113,636 $37,878 $75,758
2018 $1,258 $111,409 $37,136 $74,273
2017 $1,230 $109,225 $36,408 $72,817
2016 $1,154 $107,084 $35,695 $71,389
2014 $1,124 $103,410 $34,470 $68,940
Source: Public Records

Agents Affiliated with this Home

  • Cindy Borgerding

    Seller's Agent in 2021

    Cindy Borgerding

    RE/MAX

    (209) 304-0952

    2 in this area

    45 Total Sales

    Cindy Borgerding
    Section Image
  • Bonnie Darrah

    Buyer's Agent in 2021

    Bonnie Darrah

    LPT Realty Inc.

    (916) 204-1623

    1 in this area

    22 Total Sales

    Bonnie Darrah
    Section Image
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Source: MetroList

MLS Number: 221007994

MetroList

APN: 041-260-22

California San Joaquin County Lodi 95240

North Lodi

Not Listed for Sale

MultiFamily

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