NOT LISTED FOR SALE

Estimated Value: $456,000 - $585,428

5 Beds
3 Baths
-- Sq Ft
7,928 Sq Ft Lot

Last Sold October 10, 2023

Last sale price $465,000

Est. 13% increase in value since last sale

Current estimated payment $3,316/month

116 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • Lincoln High School Rated A-
  • 2 Car Garage
  • 1-Story Property

About This Home

As of October 2023

Looking for an Investment Property? Look No Further, This is 2386 Building sqrFt and almost 8000 sqrft on the Lot size. Property is located in the Lincoln School Dist. Don't Miss Out. *This is an "As Is" Sale. Unit: 1052- 3/2 2 car garage-Vacant Unit:1054- 2 2/1 1 car garage-Tenant

Last Agent to Sell the Property

Jennifer Brown

PMZ Real Estate License #02022267 Listed on: 05/12/2023

PMZ Real Estate

Last Buyer's Agent

Shug Sidhu

Compass License #02031219

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,615

Year Built

  • Built in 1974

Lot Details

  • 7,928 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Planned Development
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Carpet
  • Carbon Monoxide Detectors
  • Laundry in unit

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 097-462-07

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • 2 Units Leased Month-To-Month
  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,615

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Planned Unit Develop
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1974
  • Stories: 1
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Price Per Square Foot: 194.89

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Slab
  • Listing Price: 485000.00
  • Lot Features: Curbs/Gutters
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Fire Alarm
  • Sewer: See Remarks
  • Utilities: Electric
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Each Unit
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Lincoln Unified

Lot Info

  • Zoning Description: Duplex
  • Irrigation: None
  • Lot Size Acres: 0.1820
  • Lot Size Sq Ft: 7928.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month

Multi Family

  • Income Includes: Rent Only,Parking
  • Number of Month to Month Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 097-462-07
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Sep 14, 2023
Sold by
Chow Balance T and Chow Clara Yin
Bought by
Jit Monita and Jit Savnesh
Seller's Agent
Jennifer Brown
PMZ Real Estate
Buyer's Agent
Shug Sidhu
Compass
List Price
$485,000
Sold Price
$465,000
Premium/Discount to List
-$20,000
-4.12%
Views
732
Current Estimated Value
$523,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,857
Avg. Annual Appreciation
8.63%
Original Mortgage
$456,577
Outstanding Balance
$449,001
Interest Rate
7.23%
Mortgage Type
FHA
Estimated Equity
$95,242

Purchase Details

Closed on
May 29, 2007
Sold by
Chow Balance Tin Ping and Lam Clara Yin Ping
Bought by
Chow Balance Tin Ping and Lam Clara Yin Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2005
Sold by
Oakden Michael Frank
Bought by
Chow Balance Ting Ping and Lam Clara Yin Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.42%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 7, 2001
Sold by
Oakden Suzanne Jeanette and The Richard Oakden Intervivos
Bought by
Oakden Michael Frank
Source: Public Records

Range of Values:

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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
Jit Monita $465,000 First American Title
Chow Balance Tin Ping -- Chicago Title Co
Chow Balance Ting Ping $345,000 Alliance Title Co
Oakden Michael Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jit Monita $456,577
Previous Owner Chow Balance Tin Ping $280,000
Previous Owner Chow Balance Ting Ping $276,000
Previous Owner Oakden Michael Frank $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $465,000 -4.1% --
09/05/2023 09/05/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $485,000 0.0% --
06/12/2023 06/12/23 Pending -- -- --
06/08/2023 06/08/23 Price Changed $485,000 -10.2% --
05/12/2023 05/12/23 For Sale $540,000 -- --
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 $5,615 $465,000 $140,000 $325,000
2023 $4,961 $400,000 $120,000 $280,000
2022 $4,932 $400,000 $120,000 $280,000
2021 $4,400 $350,000 $100,000 $250,000
2020 $3,989 $310,000 $106,897 $203,103
2019 $3,774 $290,000 $100,000 $190,000
2018 $3,767 $290,000 $100,000 $190,000
2017 $3,760 $290,000 $100,000 $190,000
2016 $3,230 $241,000 $70,000 $171,000
2014 $2,146 $145,000 $36,000 $109,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223041709

MetroList

APN: 097-462-07