NOT LISTED FOR SALE

588 L St Lincoln, CA 95648

Estimated Value: $473,483 - $565,000

2 Beds
2 Baths
1,602 Sq Ft
$334/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $535,000 $334 Per Sq Ft

Current estimated payment $3,246/month

74 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Ceiling Fan
  • Corner Lot
  • Central Heating and Cooling System
  • 1 Car Garage

About This Home

As of September 2023

Perfect investment or house hack property with 2 houses on one lot! The main house has been beautifully updated with a dreamy kitchen in 2019, 2 bedrooms with new carpet and paint in 2020, indoor laundry, tankless water heater, hardwood floors, and private backyard. The permitted studio has a full kitchen, full bath with soaking tub, indoor laundry, detached garage, and RV access. Roof of the main house was replaced in 2018, studio replaced in 2020. Located across from Lincoln High School fields, only one neighbor!

Last Agent to Sell the Property

Jordan Rowe

Realty ONE Group Complete License #01952828 Listed on: 06/09/2023

Realty ONE Group Complete

Last Buyer's Agent

Larry Goodrow

Intero Real Estate Services License #01215358

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,473 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Raised Foundation
  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Laminate

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 008-065-010-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1959
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Wood
  • Price Per Square Foot: 476.83

Exterior Features

  • Construction Materials: Wood
  • Foundation: Raised, Slab
  • Listing Price: 525000.00
  • Lot Features: Corner

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: City
  • Cooling: Ceiling Fan(s), Central, Individual
  • Heating: Central, Wall Furnace
  • Laundry Features: In Each Unit
  • Water Source: Meter on Site, Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Western Placer

Lot Info

  • Zoning Description: RES
  • Irrigation: Public District
  • Lot Size Acres: 0.1486
  • Lot Size Sq Ft: 6473.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only,See Remarks
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 3
  • Number of Vacant Units: 1
  • Studio Rent Range: 1000-1200

Tax Info

  • Assessor Parcel Number: 008-065-010-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Sep 14, 2023
Sold by
City Of Lincoln
Bought by
Rogers Family Trust and Rogers
Seller's Agent
Jordan Rowe
Realty ONE Group Complete
Buyer's Agent
Larry Goodrow
Intero Real Estate Services
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Views
104
Current Estimated Value
$534,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$629
Avg. Annual Appreciation
-0.05%
Original Mortgage
$390,000
Outstanding Balance
$381,261
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$153,110

Purchase Details

Listed on
Jun 9, 2023
Closed on
Sep 7, 2023
Sold by
Lott Kyle and Lott Brittany
Bought by
Poirier Allyson Michelle and Poirier Brian Anthony
Seller's Agent
Jordan Rowe
Realty ONE Group Complete
Buyer's Agent
Larry Goodrow
Intero Real Estate Services
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$381,261
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$153,110

Purchase Details

Closed on
Jan 2, 2020
Sold by
Meidinger Sheri E and Meidinger Eric W
Bought by
Lott Kyle and Lott Brittany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,775
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2017
Sold by
Carpenter James I and Carpenter Dolly E
Bought by
Meidinger Sheri E and Meidinger Eric W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,762
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2012
Sold by
Carpenter James I and Carpenter Dolly E
Bought by
Carpenter James I and Carpenter Dolly E

Purchase Details

Closed on
Feb 24, 2012
Sold by
Brockman Ellen M
Bought by
Carpenter James I and Carpenter Dolly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,248
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 2005
Sold by
Emerson C David and Emerson Judith M
Bought by
Brockman Ellen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 7, 2005
Sold by
Emerson C David and Emerson Judith M
Bought by
Emerson C David and Emerson Judith M
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
Rogers Family Trust -- None Listed On Document
Poirier Allyson Michelle $535,000 Fidelity National Title
Lott Kyle $374,500 Stewart Title Of Sacramento
Meidinger Sheri E -- Orange Coast Title Co Norcal
Carpenter James I -- None Available
Carpenter James I $148,000 Placer Title Company
Brockman Ellen M $320,000 Placer Title
Emerson C David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poirier Allyson Michelle $390,000
Previous Owner Lott Kyle $355,775
Previous Owner Meidinger Sheri E $218,762
Previous Owner Carpenter James I $144,248
Previous Owner Brockman Ellen M $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2023 09/14/23 Sold $535,000 +1.9% $334 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/04/2023 08/04/23 Price Changed $525,000 -4.5% $328 / Sq Ft
07/21/2023 07/21/23 For Sale $550,000 0.0% $343 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $550,000 -- $343 / 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 $5,650 $468,000 $100,600 $367,400
2023 $5,650 $393,664 $117,731 $275,933
2022 $4,130 $385,946 $115,423 $270,523
2021 $4,050 $378,379 $113,160 $265,219
2020 $1,843 $169,971 $45,936 $124,035
2019 $1,795 $166,639 $45,036 $121,603
2018 $1,751 $163,372 $44,153 $119,219
2017 $1,695 $160,170 $43,288 $116,882
2016 $1,655 $157,031 $42,440 $114,591
2015 $1,619 $154,673 $41,803 $112,870
2014 $1,577 $151,645 $40,985 $110,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223053006

MetroList

APN: 008-065-010