NOT LISTED FOR SALE

Estimated Value: $521,000 - $549,000

0.48 Acre
$1,116,370 Price per Acre
20,748 Sq Ft Lot

Last Sold December 30, 2022

Last sale price $325,100

Est. 64% increase in value since last sale

Current estimated payment $3,241/month

141 Days on Market

Highlights

  • 0.48 Acre Lot
  • Corner Lot
  • No HOA
  • Property is near public transit

About This Lot

As of December 2022

Welcome to Lincoln! An absolutely incredible and rare opportunity to own a prime piece of vacant commercial land in the heart of a rapidly growing neighborhood in East Lincoln with great road frontage, heavy daily traffic and a huge demand to provide this great neighborhood the convinces they truly deserve...Explore the untapped possibilities, gas station, convenient store, multi-use strip mall just to name a few...Don't let this golden opportunity get away...

Last Agent to Sell the Property

Rich Silvas

eXp Realty of California Inc. License #01131216 Listed on: 01/20/2022

eXp Realty of California Inc.

Last Buyer's Agent

Rich Silvas

eXp Realty of California Inc. License #01131216 Listed on: 01/20/2022

eXp Realty of California Inc.

Property Details

Property Type

  • Land

Lot Details

  • 0.48 Acre Lot
  • Corner Lot
  • Level Lot
  • Possible uses of the property include Commercial
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Property is zoned Commercial, Commercial

Location

  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 008-021-006-000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Commercial Lot
  • Primary Residence: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures/Documents: Plot Map, Parcel Map
  • Horse Property: No
  • Listing Price: 384900.00
  • Lot Features: Area Lighting, Corner, Public Trans Nearby, Curb(s), Fire Hydrant(s), Sidewalk(s), Gutter(s), Street Light(s)
  • Road Frontage: City Street
  • Road Surface Type: Paved
  • Topography: Level
  • Additional Living Units: No
  • Soil: Unknown

Utilities

  • Sewer: Public Sewer
  • Utilities: Public, Water Available
  • Electric: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Western Placer

Lot Info

  • Zoning: Commercial
  • Crops: None
  • Current Use: Vacant, See Remarks
  • Development Status: Lot Split Possible
  • Zoning Description: Commercial
  • Irrigation: None
  • Lot Size Acres: 0.4763
  • Lot Size Sq Ft: 20748.00
  • Possible Use: Commercial
  • ResoLotSizeUnits: Acres

Multi Family

  • Income Includes: None

Tax Info

  • Assessor Parcel Number: 008-021-006-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2022
Sold by
Doss Andrew and Doss Shanena
Bought by
Pirzada Yusuf and Shamsi Needa
Current Estimated Value
$531,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Outstanding Balance
$445,554
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$86,173

Purchase Details

Closed on
Sep 27, 2018
Sold by
Castle Construction Inc
Bought by
Doss Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,890
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
May 15, 2018
Sold by
Loandepot Com Llc
Bought by
Castle Construction Inc

Purchase Details

Closed on
Jan 10, 2018
Sold by
Pham Julie
Bought by
Loeandeopet Com Llc

Purchase Details

Closed on
Dec 18, 2014
Sold by
Premier United Communities Lp
Bought by
Pham Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,324
Interest Rate
3.96%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2013
Sold by
Rbc Real Estate Finance Inc
Bought by
Premier United Communities Lp

Purchase Details

Closed on
May 12, 2008
Sold by
Nouveau Homes Inc
Bought by
Rbc Real Estate Finance Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pirzada Yusuf $515,000 Fidelity National Title
Doss Andrew $367,000 First American Title Co
Castle Construction Inc -- First American Title Ins Co
Loeandeopet Com Llc -- Accommodation
Pham Julie $297,500 First American Title Company
Premier United Communities Lp $9,091 None Available
Rbc Real Estate Finance Inc $4,897,708 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pirzada Yusuf $463,500
Previous Owner Doss Andrew $374,890
Previous Owner Pham Julie $287,324
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2022 12/30/22 Sold $325,100 -15.5% --
06/10/2022 06/10/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $384,900 -- --
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 $5,533 $505,000 $107,900 $397,100
2023 $5,533 $515,000 $110,000 $405,000
2022 $4,481 $385,780 $84,093 $301,687
2021 $4,380 $378,217 $82,445 $295,772
2020 $4,263 $366,000 $79,800 $286,200
2019 $4,236 $367,000 $80,000 $287,000
2018 $3,643 $313,969 $84,500 $229,469
2017 $3,525 $307,814 $82,844 $224,970
2016 $3,450 $301,779 $81,220 $220,559
2015 $3,429 $297,246 $80,000 $217,246
2014 $602 $25,113 $25,113 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222006246

MetroList

APN: 008-386-002