NOT LISTED FOR SALE

Estimated Value: $516,000 - $624,510

7 Beds
4 Baths
-- Sq Ft
7,614 Sq Ft Lot

Last Sold December 07, 2022

Last sale price $585,000

Est. 2% increase in value since last sale

Current estimated payment $3,821/month

23 Days on Market

Highlights

  • A-Frame Home
  • Fenced Yard
  • Security Gate
  • No HOA
  • Double Pane Windows
  • Tile Flooring

About This Home

As of December 2022

Calling all investors to add this positive cash flow property to your portfolio; Well maintained; Long term tenants; Triplex has two units of 2 bed/1 bath with one car garage and third unit of 3/2 with attached car garage and fireplace; 3 feet wide concrete all around the building for protection and better access

Last Agent to Sell the Property

Bhupinder Dev

Akaal Realty Inc. License #01130627 Listed on: 09/14/2022

Last Buyer's Agent

Miguel Gomez

California Residential Homes License #01764449

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,638

Year Built

  • Built in 1985

Lot Details

  • 7,614 Sq Ft Lot
  • Fenced Yard
  • Level Lot
  • Manual Sprinklers System

Parking

  • 3 Car Garage
  • 3 Carport Spaces
  • Garage Door Opener

Home Design

  • Triplex
  • A-Frame Home
  • Traditional Architecture
  • Planned Development
  • Slab Foundation
  • Ceiling Insulation
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Laundry in unit

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Home Security

  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 088-040-10

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $2,150
  • Maintenance Expense $2,500
  • Other Expense $350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,638

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Planned Unit Develop
  • Property Subtype 1: Triplex
  • Stories: 1
  • Year Built: 1985
  • Architectural Style: A-Frame, Traditional
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven, Free Standing Gas Range, Gas Water Heater, Microwave, Dishwasher, Disposal
  • Flooring: Carpet, Tile
  • Basement: None
  • Price Per Square Foot: 188.10
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Ceiling Insulation, Concrete, Stucco
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Listing Price: 619000.00
  • Lot Features: Shape Regular, Manual Sprinkler F&R
  • Roof: Tile
  • Topography: Level
  • View Description: Other

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 3.00
  • Parking Features: Attached, Garage, Garage Door Opener, Varies by Unit
  • Total Parking Spaces: 6.00

Utilities

  • Security: Carbon Mon Detector, Fire Extinguisher, Smoke Detector, Security Gate
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, City, Electric
  • Cooling: Ceiling Fan(s), Central
  • Heating: Central, Gas
  • Laundry Features: In Each Unit
  • Water Source: Public
  • Utilities Expenses: 4238

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: R-3
  • Irrigation: Public District, Meter on Site
  • Lot Size Acres: 0.1748
  • Lot Size Sq Ft: 7614.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Other
  • Insurance Expense: 2150
  • Maintenance Expense: 2500
  • Number of Leased Units: 3
  • Number of Month to Month Units: 2
  • Number of Units: 3
  • Two Bedroom Annual Occupancy: 100
  • Three Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 2
  • Three Bedrooms Occupied: 1

Tax Info

  • Assessor Parcel Number: 088-040-10
  • Current RE Taxes: 5638
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Mahil Parminder and Mahil Sohan
Current Estimated Value
$595,724

Purchase Details

Closed on
Oct 27, 2004
Sold by
Flowers Michael H and Flowers Sandra E
Bought by
Dev Bhupinder S and Dev Devinder K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,400
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2003
Sold by
Chaudoin James Thomas and Chaudoin Diana S
Bought by
Flowers Michael H and Flowers Sandra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 1996
Sold by
Logan Hayden Lee and Logan Connie Dunbar
Bought by
Chaudoin James Thomas and Chaudoin Diana S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,330
Interest Rate
7.25%
Mortgage Type
Assumption
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
Mahil Parminder $112,000 First American Title Company
Dev Bhupinder S $433,000 Fidelity Natl Title Ins Co
Flowers Michael H $300,000 Central Valley Title Co
Chaudoin James Thomas $141,500 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dev Devinder K $337,000
Previous Owner Dev Bhupinder S $346,400
Previous Owner Flowers Michael H $240,000
Previous Owner Chaudoin James Thomas $30,000
Previous Owner Chaudoin James Thomas $55,000
Previous Owner Chaudoin James Thomas $22,214
Previous Owner Chaudoin James Thomas $150,200
Previous Owner Chaudoin James Thomas $144,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $585,000 -5.5% --
10/07/2022 10/07/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $619,000 -- --
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
2024 $6,709 $596,700 $142,800 $453,900
2023 $6,633 $585,000 $140,000 $445,000
2022 $6,435 $568,719 $169,433 $399,286
2021 $5,678 $480,000 $120,000 $360,000
2020 $5,599 $480,000 $120,000 $360,000
2019 $3,508 $300,000 $75,000 $225,000
2018 $3,514 $300,000 $75,000 $225,000
2017 $3,499 $300,000 $75,000 $225,000
2016 $3,361 $300,000 $75,000 $225,000
2014 $1,966 $170,000 $42,000 $128,000
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 222120577

MetroList

APN: 088-040-10