Saturday, April 11, 2009
I’ve just sold a Bank REO – single family property at Sonata Circle in Stockton. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.
Tuesday, April 7, 2009
I’ve just sold a Resale – single family property at 2848 W Euclid Avenue in Stockton. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.
Tuesday, March 31, 2009
I’ve just sold a Bank REO – Fixer-upper property at 2036 E Michael Avenue in Stockton. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.
Friday, March 27, 2009
I’ve just sold a Single-family property at S Gertrude Avenue in Stockton. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.
Friday, March 27, 2009
I’ve just sold a Single-family property at E Willow Street in Stockton. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.
Sunday, February 15, 2009
Property tax savings for many in Stockton and San Joaquin County
I am recommending many of my past clients to look into getting a temporary reduction in their assessed property tax valuation. For more information feel free to contact me! The following information is available at www.sjgov.org/assessor you may contact the San Joaquin County Assessor’s Office at 209-468-2630 or assessor@sjgov.org
If you purchased your residence before January 1, 2008
The Assessor’s Office will soon be reviewing values of single family residences for the January 1, 2009 lien date and notices should be mailed by mid-July.
Value reductions due to a decline in market value are temporary reductions that recognize that the property’s current market value has fallen below the property’s Proposition 13 factored value. When that occurs, the property’s value is reviewed each year as of January 1 and adjusted to reflect the current market value. When the market value increases above the Proposition 13 factored value, that value is then restored.
Properties adjusted due to a decline in value are not subject to the 2% annual increase limitation.
Examples of Assessments Involving Properties Declining In Value:
Example 1
Home purchased May 2008 for $400,000. $400,000 is enrolled as the property’s base year value.
On January 1, 2009, the factored base year value is $408,000 (base value + 2% inflation factor). Market value is $350,000.
The Assessor will enroll $350,000 for the 2009/2010 assessment roll.
On January 1, 2010, the factored base year value is $416,160 (base value + inflation factor for 2 years). Market value is now $380,000.
The Assessor will enroll $380,000 for the 2010/2011 assessment roll.On January 1, 2010, the factored base year value is $424,483 (base value + inflation factor for 3 years). Market value is now $430,000.
The Assessor will reinstate the factored base year value of $424,483 for the 2011/2012 assessment roll.
Example 2
Home is purchased in 1993 for $160,000.
On January 1, 2008 the factored base year value was $211,126 and the market value was $300,000.
The Assessor enrolled the factored base year value.On January 1, 2009 the factored base year value is $215,348 and the market value is $250,000.
Even though the property has lost $50,000, the factored base year value is still lower than the market value and the factored base year value will be enrolled for the 2009/2010 assessment year.
Sunday, February 8, 2009
Loaded with upgrades throughout! East Stockton 2 bedroom 1 bath home just a block from Franklin High School. Includes newer roof, carpeting and dual pane windows. Kitchen has been remodeled with new appliances, counters and cabinets. Most electrical plugs, switches and fixtures have been upgraded. Huge 8712 Sqft. lot with plenty of room RV’s and access to the back yard. Asking $92,500
Sunday, January 18, 2009
Be sure to check out my new listings on my websites!
Just Listed! Bank Owned! 3050 Sonata Circle, Stockton…..$189,000
Just Listed! Lincoln Village! 2314 Douglas Road, Stockton…..$155,000
Just Listed! Probate Sale! 2019 E Church Street, Stockton…..$60,000
Tuesday, December 16, 2008
Here is some information which was emailed to me today from Chicago Title Company.
CALIFORNIA HOME SALE PRICE – Medians By City for October 2008
County/City/Area # Sold Oct 2008 Oct 2007 % Change
Stockton 726 $140,000 $277,000 -49.46%
Manteca 169 $230,000 $350,000 -34.29%
Lodi 68 $197,000 $300,000 -34.33%
Tracy 317 $260,000 $445,000 -41.57%
San Joaquin County 1411 $198,500 $340,000 -41.62%
Saturday, December 13, 2008
Lender Repo! South Stockton 2 bedroom 1 bath Fixer-upper! Needs complete rehab! Hurry! View this new listing on my website. 2036 E Michael Avenue, Stockton, CA
Hurry! $29,900 or Make Offer!