NOT LISTED FOR SALE

Estimated Value: $364,000 - $536,000

4 Beds
2 Baths
1,830 Sq Ft
$252/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $240,000 $131 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,723/month

74 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Lincoln High School Rated A-

About This Home

As of March 2017

HELLO INVESTORS! Looking for a rental in great area with Lincoln Unified School and great rents? Look no further. Lots of upgrades already done. All you need to do is collect the rent!PLEASE Do NOT DISTURB TENANTS

Last Agent to Sell the Property

Serina Molina

The Real Estate Syndicate License #01865018 Listed on: 11/18/2016

Last Buyer's Agent

Serina Molina

The Real Estate Syndicate License #01865018 Listed on: 11/18/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,628

Year Built

  • Built in 1971

Lot Details

  • 7,802

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • 7,802 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity gas trash collection
  • Assessor Parcel Number 077-022-01

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,628

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1971
  • Architectural Style: Ranch
  • Levels: 0
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Range
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Stone,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,See Remarks
  • Listing Price: 250000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage,1 Space Per Unit

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space,Other
  • Association: No

Schools

  • Senior High School District: Lincoln Unified

Lot Info

  • Zoning Description: r
  • Lot Size Acres: 0.1791
  • Lot Size Sq Ft: 7802

Rental Info

  • Tenant Pays: Electricity,Gas,Trash Collection

Multi Family

  • Income Includes: Rent Only
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 077-022-01

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2018
Sold by
Palacio Abel H and Palacio Rosemary J
Bought by
Palacio Abel and Palacio Rosemary J
Current Estimated Value
$461,522

Purchase Details

Listed on
Nov 18, 2016
Closed on
Mar 16, 2017
Sold by
Ye Elan
Bought by
Palacio Abel H and Palacio Rosemary J
Seller's Agent
Serina Molina
The Real Estate Syndicate
Buyer's Agent
Serina Molina
The Real Estate Syndicate
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%

Purchase Details

Listed on
Oct 7, 2014
Closed on
Feb 4, 2015
Sold by
Brand Ricky L and Brand Leila M
Bought by
Ye Elan
Seller's Agent
Chris Kontos
John Meyer Realty
Buyer's Agent
Jason Spence
Century 21 Select Real Estate
List Price
$209,000
Sold Price
$200,000
Premium/Discount to List
-$9,000
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$150,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2003
Sold by
Brand Ricky L and Brand Leila M
Bought by
Brand Ricky L and Brand Leila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,050
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1994
Sold by
Song Chull S and Song Deborah A
Bought by
Song Chull S and Song Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
6.6%

Purchase Details

Closed on
Sep 22, 1993
Sold by
Song Chull S
Bought by
Song Chull S and Song Deborah A
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
Palacio Abel -- None Available
Palacio Abel H $240,000 First American Title Company
Ye Elan $200,000 Old Republic Title Company
Brand Ricky L -- Old Republic Title Co
Brand Ricky L $239,000 Old Republic Title Co
Song Chull S -- North American Title Company
Song Chull S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ye Elan $150,000
Previous Owner Brand Ricky L $179,050
Previous Owner Song Chull S $71,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2017 03/20/17 Sold $240,000 -4.0% $131 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
11/17/2016 11/17/16 For Sale $250,000 +25.0% $137 / Sq Ft
02/09/2015 02/09/15 Sold $200,000 -4.3% $109 / Sq Ft View Prior Sale
12/18/2014 12/18/14 Pending -- -- --
10/06/2014 10/06/14 For Sale $209,000 -- $114 / 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
2025 $3,628 $278,534 $75,435 $203,099
2024 $3,558 $273,073 $73,956 $199,117
2023 $3,535 $267,719 $72,506 $195,213
2022 $3,407 $262,471 $71,085 $191,386
2021 $3,366 $257,326 $69,692 $187,634
2020 $3,365 $254,689 $68,978 $185,711
2019 $3,318 $249,696 $67,626 $182,070
2018 $3,254 $244,800 $66,300 $178,500
2017 $2,821 $207,111 $72,489 $134,622
2016 $2,796 $203,051 $71,068 $131,983
2014 $2,376 $165,000 $41,000 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16073474

MetroList

APN: 077-022-01