NOT LISTED FOR SALE

548 B St Lincoln, CA 95648

Estimated Value: $325,000 - $448,000

3 Beds
1 Bath
1,261 Sq Ft
$311/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $185,000 $147 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,327/month

4 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-Story Property
  • Breakfast Area or Nook
  • Central Heating

About This Home

As of April 2013

Bring your investors! Great 3 Bedroom with Office/Den rental property cash flowing 15,000/yr. Located in the heart of downtown lincoln just minutes from McBean park. Renovation completed in 2011 with new stucco, HVAC, Roof, Carpet, Paint, Electrical Main. Large rear yard with RV access or build in law quarters. Alley access!

Last Agent to Sell the Property

Jen Borchelt

Harvest Realty License #01808940 Listed on: 03/18/2013

Last Buyer's Agent

Adam Cheyne

Alliance Direct Capital Group License #01435501

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 9,975 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Garage

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,261 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • 220 Volts In Laundry

Kitchen

  • Breakfast Area or Nook
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 008-211-015-000

Home Details

Home Type

Single Family

Year Built

Built in 1956 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1956
  • Architectural Style: Mediterranean,Ranch
  • Stories: 1
  • Remodeled/Updated Desc: Other-Rmks 0-5YR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Range,Disposal,Free Standing Refrigerator
  • Flooring: Carpet,Linoleum/Vinyl
  • Master Bedroom Features: Closet
  • Bathroom Features: Shower Stall(s),Tile,Tub
  • Bathrooms: 1.00
  • Dining Room Features: Breakfast Nook
  • Kitchen Features: Laminate Counter
  • Room Type: Baths Other,Den,Family Room,Master Bedroom,Office
  • Price Per Square Foot: 146.71
  • Square Footage: 1261
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Fencing: Back Yard
  • Foundation: Raised
  • Horse Property: No
  • Listing Price: 189900.00
  • Lot Features: Auto Sprinkler Front,Curb(s),Landscape Front,Street Lights
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Alley Access,Attached,Boat Storage,RV Access,RV Storage,Uncovered Parking Space
  • Driveway/Sidewalks: Paved Sidewalk

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Sewer Connected
  • Utilities: All Public
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts in Laundry
  • Heating: Central
  • Laundry Features: Gas Hook-Up,Inside Room,Washer/Dryer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Western Placer

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.2290
  • Lot Size Sq Ft: 9975

Rental Info

  • Current Rent: 1250

Tax Info

  • Assessor Parcel Number: 008-211-015-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2015
Sold by
Ih2 Property West Lp
Bought by
2015-3 Ih2 Borrower Lp
Current Estimated Value
$392,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,193,950
Outstanding Balance
$927,379
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$534,832

Purchase Details

Listed on
Mar 18, 2013
Closed on
Apr 3, 2013
Sold by
Borchelt John J and Borchelt Jennifer
Bought by
Ih2 Property West Lp
Seller's Agent
Jen Borchelt
Harvest Realty
Buyer's Agent
Adam Cheyne
Alliance Direct Capital Group
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Jun 28, 2011
Sold by
Borchelt John J
Bought by
Borchelt John J and Borchelt Jennifer

Purchase Details

Closed on
Jun 21, 2011
Sold by
Borchelt Jennifer
Bought by
Borchelt John

Purchase Details

Closed on
Jun 17, 2011
Sold by
Hsbc Bank Usa National Association
Bought by
Borchelt John

Purchase Details

Closed on
Mar 29, 2011
Sold by
Garvey David and Baser Dana
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 9, 2006
Sold by
Garvey David
Bought by
Garvey David and Baser Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
9.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 9, 2001
Sold by
Weaver Rose G
Bought by
Weaver Charley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,063
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2001
Sold by
Graziani William J
Bought by
Garvey David and Weaver Charley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,063
Interest Rate
6.98%
Mortgage Type
FHA
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
2015-3 Ih2 Borrower Lp -- Fidelity Natl Title Group
Ih2 Property West Lp $185,000 First American Title Company
Borchelt John J -- None Available
Borchelt John -- Servicelink
Borchelt John $93,500 Servicelink
Hsbc Bank Usa National Association $172,757 None Available
Garvey David -- Alliance Title Company
Weaver Charley -- Placer Title Company
Garvey David $139,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2015-3 Ih2 Borrower Lp $1,193,950
Previous Owner Garvey David $255,000
Previous Owner Garvey David $137,063
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2013 04/12/13 Sold $185,000 -2.6% $147 / Sq Ft
03/22/2013 03/22/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $189,900 -- $151 / 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 $3,322 $319,154 $92,843 $226,311
2023 $3,322 $306,763 $89,239 $217,524
2022 $3,229 $300,749 $87,490 $213,259
2021 $3,166 $294,853 $85,775 $209,078
2020 $3,149 $291,831 $84,896 $206,935
2019 $3,068 $286,110 $83,232 $202,878
2018 $2,144 $200,214 $54,112 $146,102
2017 $2,076 $196,289 $53,051 $143,238
2016 $2,026 $192,441 $52,011 $140,430
2015 $1,982 $189,551 $51,230 $138,321
2014 $1,931 $185,839 $50,227 $135,612
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jen Borchelt

    Harvest Realty

    Section Image

  • A

    Buyer's Agent in 2013

    Adam Cheyne

    Alliance Direct Capital Group

See All Agents

Map

Source: MetroList

MLS Number: 13014813

MetroList

APN: 008-211-015

California Placer County Lincoln 95648

548 B St, Lincoln, CA

Not Listed for Sale

Detached

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