NOT LISTED FOR SALE

Estimated Value: $483,000 - $560,000

4 Beds
4 Baths
2,029 Sq Ft
$261/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $530,000 $261 Per Sq Ft

Current estimated payment $3,430/month

84 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Tile Flooring
  • Lincoln High School Rated A-
  • Solar owned by seller
  • Central Heating and Cooling System

About This Home

As of April 2022

Great opportunity to own investment property in the Lincoln School District. Unit 1221 leased for $1526, 1219 is $1471. Single story 2 bedroom 2 bath units. Open floor plan with vaulted ceilings. Fireplace in living area. 1219 has carpet. 1221 has been updated. It has laminate floors, new windows, updated fixtures and leased Tesla solar system. Lease is $123.78 monthly, paid for by owner. 14 more years on lease. 2 car garages. Patio and small yard are perfect for entertaining! New roof and pest clearance.

Last Agent to Sell the Property

Pat Holkesvig

Keller Williams Realty License #01393419 Listed on: 01/17/2022

Keller Williams Realty

Last Buyer's Agent

Jeremiah Patterson

Cornerstone Real Estate Group License #02017640

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,546

Year Built

  • Built in 1978

Lot Details

  • 6,499

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Carbon Monoxide Detectors
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

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

Additional Features

  • Solar owned by seller
  • 6,499 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, trash collection, water
  • Assessor Parcel Number 097-510-30

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,546

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1978
  • Architectural Style: Ranch
  • Number of Two Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Carpet, Tile, Laminate
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs, None, Rental/Lease Agreement(s)
  • Foundation: Slab
  • Listing Price: 499950.00
  • Lot Features: Shape Regular
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Cable Connected
  • Cooling: Central
  • Electric: Photovoltaics Seller Owned
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Lincoln Unified

Lot Info

  • Zoning Description: R2
  • Irrigation: None
  • Lot Size Acres: 0.1492
  • Lot Size Sq Ft: 6499.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Trash Collection, Water

Multi Family

  • Gross Income: 35964
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 097-510-30
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Apr 15, 2022
Sold by
Ayaay Victor P and Ayaay Marilyn T
Bought by
2008 Anne King Revocable Trust
Seller's Agent
Pat Holkesvig
Keller Williams Realty
Buyer's Agent
Jeremiah Patterson
Cornerstone Real Estate Group
List Price
$499,950
Sold Price
$530,000
Premium/Discount to List
$30,050
6.01%
Current Estimated Value
$529,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$585
Avg. Annual Appreciation
1.17%

Purchase Details

Closed on
Jul 28, 2010
Sold by
Fakhr Hossein S
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 4, 2006
Sold by
Holmes Jacob A
Bought by
Ayaay Victor P and Ayaay Marilyn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,800
Interest Rate
1.4%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 23, 2002
Sold by
Richards Tom
Bought by
Holmes Jacob A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,150
Interest Rate
7.17%

Purchase Details

Closed on
Jan 16, 2002
Sold by
Holmes Shamiane
Bought by
Holmes Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,150
Interest Rate
7.17%

Purchase Details

Closed on
Sep 21, 1999
Sold by
Leung Vincent and Leung Karen
Bought by
Richards Tom
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
2008 Anne King Revocable Trust $530,000 Old Republic Title
Wells Fargo Bank Na $130,500 Landsafe Title
Ayaay Victor P -- Alliance Title Company
Holmes Jacob A $183,500 Chicago Title Co
Holmes Jacob -- Chicago Title Co
Richards Tom -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayaay Victor P $277,500
Previous Owner Ayaay Victor P $302,800
Previous Owner Holmes Jacob $219,200
Previous Owner Holmes Jacob $196,000
Previous Owner Holmes Jacob A $165,150
Previous Owner Richards Tom $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $530,000 +6.0% $261 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $499,950 -5.7% $246 / Sq Ft
04/08/2022 04/08/22 Off Market $530,000 -- --
04/07/2022 04/07/22 For Sale $499,950 0.0% $246 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $499,950 -5.7% $246 / Sq Ft
01/25/2022 01/25/22 Off Market $530,000 -- --
01/17/2022 01/17/22 For Sale $349,950 -- $172 / Sq Ft
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 $6,546 $551,412 $130,050 $421,362
2023 $6,502 $540,600 $127,500 $413,100
2022 $4,874 $395,000 $115,000 $280,000
2021 $4,342 $345,000 $100,000 $245,000
2020 $3,986 $310,000 $103,333 $206,667
2019 $3,885 $300,000 $100,000 $200,000
2018 $3,878 $300,000 $100,000 $200,000
2017 $3,871 $300,000 $100,000 $200,000
2016 $2,965 $218,000 $65,000 $153,000
2014 $1,855 $120,000 $30,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222002669

MetroList

APN: 097-510-30