NOT LISTED FOR SALE

Estimated Value: $444,000 - $526,000

4 Beds
4 Baths
1,910 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $485,000 $254 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,129/month

63 Days on Market

Highlights

  • Traditional Architecture
  • Fenced Yard
  • 2 Car Attached Garage
  • Lincoln High School Rated A-
  • Cul-De-Sac
  • Central Heating and Cooling System

About This Home

As of June 2024

Great Duplex Investment Located in Lincoln Unified School District! Large units with sizeable rear yards. Units need some TLC but show well. Excellent location with very easy access to shopping and interstate 5.

Last Agent to Sell the Property

Randy Thomas

Cornerstone Real Estate Group License #01037761 Listed on: 03/14/2024

Last Buyer's Agent

Randy Thomas

Cornerstone Real Estate Group License #01037761 Listed on: 03/14/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,170

Year Built

  • Built in 1975

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Fenced Yard

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Traditional Architecture
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,910 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry in unit

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 097-580-23

Community Details

Overview

  • Association fees include management, insurance
  • 2 Units
  • Mandatory home owners association

Building Details

  • 2 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,170

Year Built

Built in 1975

Lot Details

0

HOA Fees

$28 per month

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Year Built: 1975
  • Architectural Style: Traditional
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Number Of2 Bedrooms Occupied: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: None
  • Flooring: Varies by Unit
  • Price Per Square Foot: 253.93
  • Square Footage: 1910.00

Exterior Features

  • Construction Materials: Concrete, Stucco, Frame, Glass, Wood
  • Disclosures/Documents: None
  • Exterior Features: Fenced Yard
  • Foundation: Slab, Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 519950.00
  • Lot Features: Cul-De-Sac, Curbs/Gutters, Sidewalk
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Topography: Level,Level

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Sewer Connected, In & Connected, Public Sewer
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Ceiling Fan(s), Central
  • Heating: Central
  • Laundry Features: In Each Unit
  • Water Source: Public
  • Separate Meters: Electricity, Gas

Condo/Co-op/Association

  • Association Features: None
  • Association Fee: 331
  • Association Fee Frequency: Annually
  • Association Fee Includes: Management, Insurance
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Mandatory Association: Yes

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Lincoln Unified

Lot Info

  • Zoning Description: R3
  • Irrigation: None
  • Lot Size Acres: 0.2523
  • Lot Size Sq Ft: 10990.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Other"]
  • Number of Month to Month Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 097-580-23
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Jun 18, 2024
Sold by
Rao Rajesh Br and Samudrala Ramaprasad
Bought by
Guerra Marcelo and Lemus-Magana Erika
Seller's Agent
Randy Thomas
Cornerstone Real Estate Group
Buyer's Agent
Randy Thomas
Cornerstone Real Estate Group
List Price
$519,950
Sold Price
$485,000
Premium/Discount to List
-$34,950
-6.72%
Views
57
Current Estimated Value
$487,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,857
Avg. Annual Appreciation
0.45%
Original Mortgage
$315,000
Outstanding Balance
$310,980
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$176,877

Purchase Details

Closed on
Sep 24, 2009
Sold by
Rao Rupashree Ar
Bought by
Rao Rajesh Br

Purchase Details

Closed on
Aug 11, 2009
Sold by
Cervantes Reyes and Cervantes Martina
Bought by
Wachovia Mortgage Fsb and World Savings Bank

Purchase Details

Closed on
May 21, 2003
Sold by
Aranda Javier
Bought by
Cervantes Reyes and Cervantes Martina

Purchase Details

Closed on
Feb 24, 1998
Sold by
Aranda Guillermina
Bought by
Aranda Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,360
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 1998
Sold by
Bank Of New York
Bought by
Aranda Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,360
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 1997
Sold by
Dunsmore John A
Bought by
The Bank Of New York and Cwmbs Inc
Source: Public Records

Range of Values:

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Average Value
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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
Guerra Marcelo $485,000 Chicago Title
Rao Rajesh Br -- Fidelity Natl Title Co Of Ca
Nagunuri Sridhar -- Fidelity Natl Title Co Of Ca
Samudrala Ramaprasad -- Fidelity Natl Title Co Of Ca
Rao Rajesh Br $112,500 Fidelity Natl Title Co Of Ca
Wachovia Mortgage Fsb $89,610 None Available
Cervantes Reyes $155,000 First American Title Co
Aranda Javier -- Fidelity National Title Co
Aranda Javier $75,000 Fidelity National Title Co
The Bank Of New York $76,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerra Marcelo $315,000
Previous Owner Aranda Javier $66,360
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2024 06/27/24 Sold $485,000 -6.7% $254 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $519,950 +7.2% $272 / Sq Ft
04/23/2024 04/23/24 Off Market $485,000 -- --
04/16/2024 04/16/24 Price Changed $519,950 -1.0% $272 / Sq Ft
04/03/2024 04/03/24 Price Changed $524,950 +5.0% $275 / Sq Ft
04/03/2024 04/03/24 Price Changed $499,950 -5.7% $262 / Sq Ft
03/14/2024 03/14/24 For Sale $529,950 -- $277 / 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 $6,170 $494,700 $122,400 $372,300
2024 $2,337 $142,357 $50,615 $91,742
2023 $2,351 $139,567 $49,623 $89,944
2022 $2,140 $136,831 $48,650 $88,181
2021 $2,118 $134,149 $47,697 $86,452
2020 $2,118 $132,774 $47,208 $85,566
2019 $2,093 $130,172 $46,283 $83,889
2018 $2,051 $127,621 $45,376 $82,245
2017 $2,020 $125,120 $44,487 $80,633
2016 $2,004 $122,668 $43,615 $79,053
2014 $1,967 $118,460 $42,119 $76,341
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224023293

MetroList

APN: 097-580-23