NOT LISTED FOR SALE

Estimated Value: $394,000 - $629,000

4 Beds
4 Baths
2,220 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $82,000 $37 Per Sq Ft

Est. 496% increase in value since last sale

Current estimated payment $2,740/month

21 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Lincoln High School Rated A-
  • Garage

About This Home

As of May 2012

REO duplex needs some repairs and updating but, at this price this could be a tremendous deal for your handyman investor that would like to make some instant sweat equity and a positive cash flow too.....submit your offers now....

Last Agent to Sell the Property

Daniel Navone

Premier Real Estate Group License #01062554 Listed on: 03/20/2012

Last Buyer's Agent

Janelle Jennings

Brix & Homes Real Estate Co. License #01905606

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,804

Year Built

  • Built in 1977

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions: 8712

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Electric Range

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 082-380-35

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,804

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1977
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Carpet,Concrete,Laminate

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 85000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Lincoln Unified

Lot Info

  • Zoning Description: 002
  • Lot Size Acres: 0.2000
  • Lot Dimensions: 8712
  • Lot Size Sq Ft: 8712

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

  • Gross Income: 14800
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 082-380-35

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2020
Sold by
Rasheed Kamran and Rasheed Kalsoom Sobia
Bought by
Rasheed Kamran and Rasheed Kalsoom Sobia
Current Estimated Value
$488,422

Purchase Details

Listed on
Mar 20, 2012
Closed on
May 11, 2012
Sold by
Jp Morgan Chase Bank Na
Bought by
Rasheed Kamran and Kalsoom Sobia
Seller's Agent
Daniel Navone
Premier Real Estate Group
Buyer's Agent
Janelle Jennings
Brix & Homes Real Estate Co.
List Price
$85,000
Sold Price
$82,000
Premium/Discount to List
-$3,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%

Purchase Details

Closed on
Oct 20, 2011
Sold by
Federal National Mortgage Association
Bought by
Jp Morgan Chase Bank Na

Purchase Details

Closed on
Jul 6, 2010
Sold by
Nguyen Minh V and Nguyen Victoria
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 24, 2007
Sold by
Nguyen Minh and Nguyen Voc T
Bought by
Nguyen Minh V and Nguyen Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 1998
Sold by
Nguyen Minh
Bought by
Nguyen Minh and Nguyen Voc T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,900
Interest Rate
6.84%

Purchase Details

Closed on
Nov 23, 1998
Sold by
Nguyen Voc T
Bought by
Nguyen Minh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,900
Interest Rate
6.84%
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
Rasheed Kamran -- None Available
Rasheed Kamran $82,000 Chicago Title Company
Jp Morgan Chase Bank Na -- First American Equity Loan S
Federal National Mortgage Association $246,107 Accommodation
Nguyen Minh V -- Chicago Title Co
Nguyen Minh -- Chicago Title Co
Nguyen Minh -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Minh V $229,000
Previous Owner Nguyen Minh $65,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2012 05/30/12 Sold $82,000 -3.5% $37 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $85,000 -- $38 / 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 $1,804 $102,986 $25,116 $77,870
2024 $1,774 $100,968 $24,624 $76,344
2023 $1,761 $98,990 $24,142 $74,848
2022 $1,574 $97,050 $23,669 $73,381
2021 $1,559 $95,148 $23,205 $71,943
2020 $1,558 $94,174 $22,968 $71,206
2019 $1,540 $92,328 $22,518 $69,810
2018 $1,505 $90,519 $22,077 $68,442
2017 $1,482 $88,745 $21,645 $67,100
2016 $1,471 $87,005 $21,221 $65,784
2014 $1,443 $84,020 $20,493 $63,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12018646

MetroList

APN: 082-380-35