NOT LISTED FOR SALE

40585 Lincoln St Cherry Valley, CA 92223

Estimated Value: $737,000 - $855,000

4 Beds
3 Baths
2,899 Sq Ft
$269/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $640,000 $221 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,835/month

54 Days on Market

Highlights

  • 1.01 Acre Lot
  • No HOA
  • Laundry Room
  • Mountain View
  • 3 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of April 2021

Great Single story ranch home situated on one acre. Lots of room in this grand ranch home all set up for horses. Large covered entry porch leads to double door entry. Inside you will find a warm comfortable space with a large two sided fireplace that serves the living room and family room. There is a large dining area right off the kitchen that will accommodate big family dinners. The kitchen is very spacious with lots of cabinets and a large pantry. The secondary bedrooms are very spacious and oversize. The enclosed porch/sunroom is ready for entertaining. Outside you have plenty of room for all your toys or equipment. RV parking will accommodate the largest RV's. The barn is in great condition with a newer roof, tack room/office and a huge upstairs loft.

Last Agent to Sell the Property

Dale Machen

Holly Cate, Broker License #01258166 Listed on: 01/13/2021

Holly Cate, Broker

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

None MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,873

Year Built

  • Built in 1979

Lot Details

  • 1.01 Acre Lot
  • Rural Setting
  • Property is zoned R-A-1

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2,899 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 21675
  • Assessor Parcel Number 402290022

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,873

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-A-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 402290022
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2899.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 220.77
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 43996.00
  • Lot Size Acres: 1.0100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 43996.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 438.09
  • Tax Lot: 1
  • Tax Tract Number: 21675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Apr 1, 2021
Sold by
Cushing Michael P
Bought by
Gezalyan Sandy
Seller's Agent
Dale Machen
Holly Cate, Broker
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$669,000
Sold Price
$640,000
Premium/Discount to List
-$29,000
-4.33%
Current Estimated Value
$778,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,582
Avg. Annual Appreciation
4.41%
Original Mortgage
$512,000
Outstanding Balance
$461,271
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$317,311

Purchase Details

Listed on
Jan 13, 2021
Closed on
Mar 17, 2021
Sold by
Gezalyan Gary
Bought by
Gezalyan Sandy
Seller's Agent
Dale Machen
Holly Cate, Broker
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$669,000
Sold Price
$640,000
Premium/Discount to List
-$29,000
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Outstanding Balance
$461,271
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$317,311

Purchase Details

Closed on
Apr 1, 2020
Sold by
Cushing Michael P
Bought by
Gezalyan Sandy

Purchase Details

Closed on
Nov 13, 2013
Sold by
Cushing Margaret M and Cushing Michael P
Bought by
Cushing Michael P
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
Gezalyan Sandy $640,000 First American Title Ins
Gezalyan Sandy -- First American Title
Gezalyan Sandy $640,000 First American Title
Cushing Michael P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gezalyan Sandy $512,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2021 04/14/21 Sold $640,000 -4.3% $221 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $669,000 -- $231 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,873 $692,754 $81,181 $611,573
2023 $8,873 $665,856 $78,030 $587,826
2022 $8,736 $652,800 $76,500 $576,300
2021 $4,121 $312,300 $68,988 $243,312
2020 $4,078 $309,099 $68,281 $240,818
2019 $4,013 $303,040 $66,943 $236,097
2018 $3,995 $297,099 $65,631 $231,468
2017 $3,931 $291,275 $64,345 $226,930
2016 $3,826 $285,565 $63,084 $222,481
2015 $3,761 $281,278 $62,138 $219,140
2014 $3,762 $275,771 $60,922 $214,849
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dale Machen

    Holly Cate, Broker

    Section Image

  • N

    Buyer's Agent in 2021

    NoEmail NoEmail

    None MRML

    (646) 541-2551

    2 in this area

    6,008 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21007954

California Regional Multiple Listing Service (CRMLS)

APN: 402-290-022

California Riverside County Cherry Valley 92223

40585 Lincoln St, Cherry Valley, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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