NOT LISTED FOR SALE

Estimated Value: $542,000 - $626,000

7 Beds
6 Baths
3,174 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 19, 2018

Last sale price $375,000 $118 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,561/month

11 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 3 Car Garage
  • Lincoln High School Rated A-
  • Central Heating and Cooling System
  • High Speed Internet

About This Home

As of June 2018

All units are occupied with long term tenants. Property has a 3 bedroom 2 bath unit, and 2 2 bedroom 2 bath units. Great cash flow of $2700/month.

Last Agent to Sell the Property

Michael Buoniconti

Michael Buoniconti Real Estate Broker License #01803554 Listed on: 05/05/2018

Last Buyer's Agent

Kulwinder Jhamat

Prime Real Estate Services License #01763465

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,320

Year Built

  • Built in 1978

Lot Details

  • 8,141

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Contemporary Architecture
  • Split Level Home
  • Composition Roof

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Additional Features

  • 2-Story Property
  • 8,141 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $2,800
  • Tenant pays for rent only
  • Assessor Parcel Number 097-510-10

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Units Leased Month-To-Month
  • Insurance Expense $2,350
  • Operating Expense $6,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,320

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1978
  • Architectural Style: Contemporary
  • Levels: MultiSplit
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven,Free Standing Electric Range,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 385000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Internet Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Lincoln Unified

Lot Info

  • Zoning Description: Triplex
  • Lot Size Acres: 0.1869
  • Lot Size Sq Ft: 8141

Rental Info

  • Tenant Pays: Rent Only
  • Total Deposit: 2800
  • Total # Leasable: 3

Multi Family

  • Gross Income: 24250
  • Operating Expense: 6250
  • Income Includes: Rent Only
  • Insurance Expense: 2350
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 097-510-10
  • Current RE Taxes: 3320

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2018
Closed on
Jun 14, 2018
Sold by
Sabapathi Benzibama
Bought by
Anandaraj Subramanian
Seller's Agent
Michael Buoniconti
Michael Buoniconti Real Estate Broker
Buyer's Agent
Kulwinder Jhamat
Prime Real Estate Services
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%
Current Estimated Value
$568,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,670
Avg. Annual Appreciation
6.28%
Original Mortgage
$281,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2018
Closed on
Jun 12, 2018
Sold by
Mahil Sohan and Mahil Parminder
Bought by
Anandaraj Subramanian
Seller's Agent
Michael Buoniconti
Michael Buoniconti Real Estate Broker
Buyer's Agent
Kulwinder Jhamat
Prime Real Estate Services
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2016
Sold by
Mahil Sohan and Mahil Parminder
Bought by
Mahil Sohan and Mahil Parminder
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Anandaraj Subramanian -- First American Title Company
Anandaraj Subramanian $375,000 First American Title Company
Mahil Sohan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anandaraj Subramanian $277,000
Closed Anandaraj Subramanian $275,000
Closed Anandaraj Subramanian $281,000
Previous Owner Mahil Sohan $196,000
Previous Owner Mahil Soman $110,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2018 06/19/18 Sold $375,000 -2.6% $118 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
05/05/2018 05/05/18 For Sale $385,000 -- $121 / 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
2024 $5,358 $418,315 $105,972 $312,343
2023 $5,324 $410,114 $103,895 $306,219
2022 $5,197 $402,073 $101,858 $300,215
2021 $5,135 $394,190 $99,861 $294,329
2020 $5,134 $390,150 $98,838 $291,312
2019 $5,061 $382,500 $96,900 $285,600
2018 $3,587 $253,593 $71,323 $182,270
2017 $3,524 $248,622 $69,925 $178,697
2016 $2,936 $195,000 $70,000 $125,000
2014 $2,664 $170,000 $42,000 $128,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 18029034

MetroList

APN: 097-510-10