NOT LISTED FOR SALE

607 N Lincoln Way Galt, CA 95632

Estimated Value: $519,000 - $544,611

4 Beds
2 Baths
1,914 Sq Ft
$276/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $360,000 $188 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,139/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating
  • 1-Story Property
  • No HOA

About This Home

As of October 2020

Rare Galt Ca duplex. This duplex has been owned by the same ownership since 1986. The owner lived in one unit the entire time until her death in Jan this year. Property was build to suit as it has very nice frontage/curb appeal, back yards are huge, entry lobby very attractive.All original features incl tile counters tons of cabinetry. Tenant at 1500 a month has skill set for any and all maintenance and repairs! He can build a house out of toothpicks! Galt is one of the fastest growing cities in California right now. Low/no crime, great schools, shopping public transportation and amenities. Duplex is the only multi family property in this map grid. Rent on the Other side is well below market at $ 500 a month as this tenant was given a low rent lease to be caregiver to the owner,errands,medical,social etc. She would love to stay and is trying to get a section 8 voucher. If not she understands the situation. Both leases month to month.

Last Agent to Sell the Property

Shawn Mileham

LPT Realty, Inc License #01271371 Listed on: 07/28/2020

LPT Realty, Inc

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,288

Year Built

  • Built in 1977

Lot Details

  • 0.28

Parking

  • 2 Car Garage
  • 1 Parking Space Included

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Utilities

  • Central Heating
  • 220 Volts
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 0.28 Acre Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 150-0041-028-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,288

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1977
  • Architectural Style: Traditional
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven,Free Standing Electric Range,Free Standing Refrigerator,Gas Water Heater
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: Rental/Lease Agmts,Structural Pest Control Report
  • Foundation: Slab
  • Listing Price: 365000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: 1+ Space Per Unit
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Electric: 220 Volts
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Public Trans Nearby,RV/Boat Storage,Yard Space
  • Association: No

Schools

  • Senior High School District: Galt Joint UHS

Lot Info

  • Zoning Description: HC
  • Lot Size Acres: 0.2816
  • Lot Size Sq Ft: 12266

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 150-0041-028-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Balbir & Gurdip Singh Family Trust
Bought by
Gigi & Baba Llc
Current Estimated Value
$528,870

Purchase Details

Listed on
Jul 28, 2020
Closed on
Oct 6, 2020
Sold by
Singh Cosiae Aaai Balbir
Bought by
Singh Gurdip
Seller's Agent
Shawn Mileham
LPT Realty, Inc
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$159,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2020
Closed on
Aug 27, 2020
Sold by
Roche Jacqueline L and Heon Family Trust
Bought by
Singh Gurdip K
Seller's Agent
Shawn Mileham
LPT Realty, Inc
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2013
Sold by
Heon Eleanor L
Bought by
Heon Eleanor L and The Heon Family Trust

Purchase Details

Closed on
Dec 6, 2012
Sold by
Heon Eleanor L and Heon Family Trust
Bought by
Heon Eleanor L

Purchase Details

Closed on
Jun 25, 2008
Sold by
Heon Eleanor L
Bought by
Heon Eleanor L and Heon Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 10, 2005
Sold by
Heon Eleanor Louise and Heon Eleanor L
Bought by
Heon Eleanor L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 6, 2002
Sold by
Heon Eleanor L
Bought by
Heon Eleanor L and The Heon Family Trust
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
Gigi & Baba Llc -- None Listed On Document
Balbir & Gurdip Singh Family T -- None Listed On Document
Singh Balbir -- None Listed On Document
Singh Gurdip -- North American Title Company
Singh Gurdip K $360,000 North American Title Co Inc
Heon Eleanor L -- First American Title Company
Heon Eleanor L -- First American Title Company
Heon Eleanor L -- Commonwealth Land Title Co
Heon Eleanor L -- American Title Inc
Heon Eleanor L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singh Gurdip $159,500
Previous Owner Heon Eleanor L $86,000
Previous Owner Heon Eleanor L $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $360,000 -1.4% $188 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $365,000 -- $191 / 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 $4,288 $389,672 $129,890 $259,782
2024 $4,288 $382,033 $127,344 $254,689
2023 $4,216 $374,544 $124,848 $249,696
2022 $4,046 $367,200 $122,400 $244,800
2021 $4,598 $360,000 $120,000 $240,000
2020 $1,727 $160,205 $45,505 $114,700
2019 $1,683 $157,064 $44,613 $112,451
2018 $1,679 $153,986 $43,739 $110,247
2017 $1,611 $150,968 $42,882 $108,086
2016 $1,547 $148,009 $42,042 $105,967
2015 $1,493 $145,787 $41,411 $104,376
2014 $1,487 $142,932 $40,600 $102,332
Source: Public Records

Agents Affiliated with this Home

  • Shawn Mileham

    Seller's Agent in 2020

    Shawn Mileham

    LPT Realty, Inc

    (916) 806-5496

    39 Total Sales

    Shawn Mileham
    Section Image

  • N

    Buyer's Agent in 2020

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 20043726

MetroList

APN: 150-0041-028

California Sacramento County Galt 95632

607 N Lincoln Way, Galt, CA

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