NOT LISTED FOR SALE

281 E 8th St Lincoln, CA 95648

Estimated Value: $372,000 - $452,247

3 Beds
2 Baths
1,247 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $200,000 $160 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,250/month

16 Days on Market

Highlights

  • Horses Allowed On Property
  • 0.51 Acre Lot
  • Wood Siding
  • RV Access or Parking
  • No HOA

About This Home

As of August 2022

TWO LOTS, ONE PRICE! This outstanding value in Lincoln to build your dream home! The existing structure has been heavily fire damaged. The combined lot size is just over 1/2 acre. The possibilities on this property are endless! Options include: Building on 1 lot, and selling the other; balancing the lots to equal size via a lot split and building 2 homes; Building 1 home per lot, live in 1 and rent the other; and too many more to list!

Last Agent to Sell the Property

Kenneth Jamaca

J Castle Group License #02080040 Listed on: 07/16/2022

Co-Listed By

Natalie Jamaca

J Castle Group License #02079986

Last Buyer's Agent

Erica Lu

Quantam Property Inc. License #01313934

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 1937

Lot Details

  • 0.51 Acre Lot
  • Irregular Lot
  • Zoning described as R-2 Duplex Residential

Home Design

  • Wood Siding
  • Stone

Interior Spaces

  • 1,247 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • RV Access or Parking

Horse Facilities and Amenities

  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 008-301-066-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,428

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Stories: 1
  • Year Built: 1937
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: See Remarks
  • Total Bathrooms: 2
  • Bathroom Features: See Remarks
  • Dining Room Features: Other
  • Kitchen Features: Other Counter
  • Living Room Features: Other
  • Main Level: Street Entrance
  • Price Per Square Foot: 160.38
  • Square Footage: 1247.00

Exterior Features

  • Construction Materials: Stone, Wood, Wood Siding, See Remarks
  • Foundation: SeeRemarks
  • Home Warranty: No
  • Horse Property: Yes
  • Listing Price: 249000.00
  • Lot Features: Shape Irregular
  • Pool: No
  • Roof: See Remarks
  • Spa: No

Garage/Parking

  • Parking Features: No Garage, RV Access, RV Possible

Utilities

  • Security: See Remarks
  • Sewer: See Remarks
  • Utilities: See Remarks
  • Cooling: See Remarks
  • Electric: See Remarks
  • Heating: See Remarks
  • Laundry Features: See Remarks
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Western Placer

Lot Info

  • Horse Amenities: None
  • Zoning Description: R-2 Duplex Residential
  • Irrigation: See Remarks
  • Lot Size Acres: 0.5078
  • Lot Size Sq Ft: 22120.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Assessor Parcel Number: 008-301-066-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2022
Closed on
Aug 1, 2022
Sold by
Minerva Properties Inc
Bought by
Lau Sun Poy
Seller's Agent
Kenneth Jamaca
J Castle Group
Buyer's Agent
Erica Lu
Quantam Property Inc.
List Price
$249,000
Sold Price
$200,000
Premium/Discount to List
-$49,000
-19.68%
Views
1
Current Estimated Value
$405,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,062
Avg. Annual Appreciation
24.59%
Original Mortgage
$150,000
Outstanding Balance
$142,708
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$262,354

Purchase Details

Listed on
Jul 16, 2022
Closed on
Jul 13, 2022
Sold by
Joe & Marian Medeiros 2011 Trust
Bought by
Minerva Properties Inc
Seller's Agent
Kenneth Jamaca
J Castle Group
Buyer's Agent
Erica Lu
Quantam Property Inc.
List Price
$249,000
Sold Price
$200,000
Premium/Discount to List
-$49,000
-19.68%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$142,708
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$262,354

Purchase Details

Closed on
Jun 17, 2011
Sold by
Medeiros Joe and Medeiros Marian Catherine
Bought by
Medeiros Joe and Medeiros Marian Catherine
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
Lau Sun Poy $200,000 Stewart Title
Minerva Properties Inc $150,000 Stewart Title
Medeiros Joe -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minerva Properties Inc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $200,000 -19.7% $160 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/16/2022 07/16/22 For Sale $249,000 -- $200 / 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 $1,428 $135,252 $124,848 $10,404
2023 $1,428 $130,000 $120,000 $10,000
2022 $4,009 $374,093 $82,444 $291,649
2021 $3,931 $366,759 $80,828 $285,931
2020 $3,910 $363,000 $80,000 $283,000
2019 $310 $33,372 $3,780 $29,592
2018 $301 $32,718 $3,706 $29,012
2017 $290 $32,078 $3,634 $28,444
2016 $281 $31,450 $3,563 $27,887
2015 $274 $30,979 $3,510 $27,469
2014 $266 $30,373 $3,442 $26,931
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Jamaca

    Seller's Agent in 2022

    Kenneth Jamaca

    J Castle Group

    (925) 413-1849

    2 in this area

    76 Total Sales

    Kenneth Jamaca
    Section Image
  • Natalie Jamaca

    Seller Co-Listing Agent in 2022

    Natalie Jamaca

    J Castle Group

    (707) 301-6126

    2 in this area

    67 Total Sales

    Natalie Jamaca
    Section Image

  • E

    Buyer's Agent in 2022

    Erica Lu

    Quantam Property Inc.

    Section Image
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Map

Source: MetroList

MLS Number: 222095385

MetroList

APN: 008-301-066

California Placer County Lincoln 95648

281 E 8th St, Lincoln, CA

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