NOT LISTED FOR SALE

Estimated Value: $348,582 - $539,000

6 Beds
3 Baths
2,724 Sq Ft
$156/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $425,000 $156 Per Sq Ft

Current estimated payment $2,743/month

4 Days on Market

Highlights

  • City View
  • Central Heating and Cooling System
  • Laundry Facilities
  • No HOA
  • 3 Car Garage
  • Level Lot

About This Home

As of October 2021

Opportunity Knocks on this North Central Stockton Value Add Triplex with 3 2-bedroom, 1-bathroom units. Each unit also has a detached 1 car garage. All units are occupied with long tern tenants well below current market rent. The building has deferred maintenance, but you can offer with confidence knowing we will be supplying a pest inspection and a whole house inspection. Current 50% percentile market rent for a 2 bedroom, 1 bath unit in the neighborhood is $1360 per month per unit. Perfect for Savvy investor who is willing to invest some money to bring this building up to par and reap the upside benefits. Pictures are of 2 of the units. More pictures, a pest inspection, and whole house inspection wil be avaialble shortly.

Last Agent to Sell the Property

Ron Benning

LPT Realty, Inc License #01058898 Listed on: 08/05/2021

LPT Realty, Inc

Last Buyer's Agent

Shawn Mileham

LPT Realty, Inc License #01271371

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 7,000 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Garage
  • 3 Carport Spaces

Home Design

  • Triplex
  • Garden Apartment
  • Fixer Upper
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • City Views
  • Fire and Smoke Detector
  • Built-In Electric Range

Flooring

  • Carpet
  • Linoleum

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 079-350-32

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Laundry Facilities
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

7,000 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Garden Apartments
  • Property Subtype 1: Triplex
  • Year Built: 1973
  • Architectural Style: Ranch
  • Levels: One
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range
  • Flooring: Carpet, Linoleum
  • Price Per Square Foot: 155.96

Exterior Features

  • Construction Materials: Stucco, Frame, Wood, Wood Siding
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Foundation: Slab
  • Listing Price: 425000.00
  • Lot Features: Curbs/Gutters
  • Property Condition: Fixer
  • Roof: Composition
  • Topography: Level
  • View Description: City

Garage/Parking

  • Open Parking Spaces: 3.00
  • Carport Spaces: 3.00
  • Covered Parking Spaces: 3.00
  • Garage Spaces: 3.00
  • Parking Features: Garage
  • Total Parking Spaces: 6.00

Utilities

  • Security: Smoke Detector
  • Sewer: In & Connected
  • Utilities: City
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Common Area
  • Water Source: Public
  • Separate Meters: Electricity

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: REs
  • Irrigation: None
  • Lot Size Acres: 0.1607
  • Lot Dimensions: 70X100x69x101
  • Lot Size Sq Ft: 7000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: Month To Month
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Two Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 3
  • Gross Income Multiplier: 17.270
  • Two Bedroom Rent Range: $600-$700

Tax Info

  • Assessor Parcel Number: 079-350-32
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2025
Sold by
Patel Chintan
Bought by
Deltapac Properties Llc
Current Estimated Value
$426,146

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 12, 2021
Sold by
Patel Minal
Bought by
Patel Chintan
Seller's Agent
Ron Benning
LPT Realty, Inc
Buyer's Agent
Shawn Mileham
LPT Realty, Inc
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.06%
Original Mortgage
$318,750
Interest Rate
2.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deltapac Properties Llc $354,000 None Listed On Document
Patel Chintan -- Fidelity National Title
Patel Chintan $425,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Chintan $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2021 11/01/21 Off Market $425,000 -- --
10/15/2021 10/15/21 Sold $425,000 0.0% $156 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $425,000 -- $156 / Sq Ft
Source: MetroList

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 $5,594 $451,012 $106,120 $344,892
2024 $5,506 $442,170 $104,040 $338,130
2023 $5,382 $433,500 $102,000 $331,500
2022 $5,302 $425,000 $100,000 $325,000
2021 $2,609 $210,998 $69,321 $141,677
2020 $2,659 $208,836 $68,611 $140,225
2019 $2,649 $204,742 $67,266 $137,476
2018 $2,600 $200,729 $65,948 $134,781
2017 $2,464 $196,794 $64,655 $132,139
2016 $2,509 $192,936 $63,388 $129,548
2014 $1,489 $115,000 $28,000 $87,000
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 221097063

MetroList

APN: 079-350-32

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