NOT LISTED FOR SALE

701 East Ave Lincoln, CA 95648

Estimated Value: $370,000

0.9 Acre
$411,568 Price per Acre
39,160 Sq Ft Lot

Last Sold July 29, 2022

Last sale price $530,000 $666 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $2,066/month

781 Days on Market

Highlights

  • 0.9 Acre Lot
  • Corner Lot
  • High Speed Internet
  • Property is near public transit
  • No HOA

About This Lot

As of July 2022

Unique development opportunity in fast growing south Placer County! Corner lot zoned commercial. Endless potential for retail, restaurant, bank or offices. Minutes to downtown Lincoln & just a short walk from McBean Memorial Park. Coppin Elementary 5 blocks to the north. Quick access to HWY 193 & HWY 65. APN 008-301-014 & APN 008-301-013 also included in sale. Buyer to perform own investigations. Building on site being sold as-is.

Last Agent to Sell the Property

Seth Twisselmann

Engel & Volkers Lake Tahoe License #02091052 Listed on: 06/01/2020

Engel & Volkers Lake Tahoe

Last Buyer's Agent

Dean Mager

eXp Realty of Northern California, Inc. License #01782927

eXp Realty of Northern California, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,428

Lot Details

  • 0.9 Acre Lot
  • Corner Lot
  • Level Lot
  • Few Trees
  • Possible uses of the property include Residential, Commercial, Subdivision
  • Property is zoned Community Commercial, Commercial,Rezone Possible,Split Possible,Multi-Residential

Additional Features

  • Property is near public transit
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 008-301-015

Property Details

Property Type

Land

Est. Annual Taxes

$1,428

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Commercial Lot
  • Primary Residence: Non-Conforming,31+ Years Old
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: See Remarks

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: Shopping Center Nearby, None, See Remarks
  • Horse Property: No
  • Listing Price: 630000.00
  • Lot Features: Corner, Public Trans Nearby, See Remarks
  • Road Frontage: See Remarks
  • Road Surface Type: Paved
  • Topography: Level
  • Additional Living Units: No

Utilities

  • Sewer: Sewer Connected
  • Utilities: Internet Available
  • Water Source: Public, Meter on Site

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Western Placer

Lot Info

  • Zoning: Community Commercial
  • Crops: See Remarks
  • Current Use: Vacant
  • Development Status: See Remarks
  • Zoning Description: Commercial,Rezone Possible,Split Possible,Multi-Residential
  • Irrigation: See Remarks
  • Lot Size Acres: 0.8990
  • Lot Size Sq Ft: 39160.00
  • Possible Use: Residential, Commercial, Subdivision

Multi Family

  • Income Includes: See Remarks

Tax Info

  • Assessor Parcel Number: 008-301-015
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Jul 27, 2022
Sold by
Twisselmann Family 2004 Revocable Trust
Bought by
Grace Christian Fellowship Of Lincoln Inc
Seller's Agent
Seth Twisselmann
Engel & Volkers Lake Tahoe
Buyer's Agent
Dean Mager
eXp Realty of Northern California, Inc.
List Price
$630,000
Sold Price
$530,000
Premium/Discount to List
-$100,000
-15.87%
Current Estimated Value
$370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$160,000
Avg. Annual Appreciation
-10.41%

Purchase Details

Closed on
Aug 26, 2004
Sold by
Twisselmann Kenneth L and Twisselmann Kathryn A
Bought by
Twisselmann Kenneth Lambert and Twisselmann Kathryn Ann
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
Grace Christian Fellowship Of Lincoln Inc $530,000 Placer Title
Twisselmann Kenneth Lambert -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 For Sale $630,000 +18.9% $791 / Sq Ft
08/01/2022 08/01/22 Off Market $530,000 -- --
07/29/2022 07/29/22 Sold $530,000 -10.9% $666 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
06/01/2020 06/01/20 For Sale $595,000 -- $747 / 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 $1,428 $135,252 $72,828 $62,424
2023 $1,428 $130,000 $70,000 $60,000
2022 $739 $66,457 $9,416 $57,041
2021 $725 $65,155 $9,232 $55,923
2020 $720 $64,488 $9,138 $55,350
2019 $701 $63,224 $8,959 $54,265
2018 $684 $61,985 $8,784 $53,201
2017 $662 $60,770 $8,612 $52,158
2016 $646 $59,580 $8,444 $51,136
2015 $632 $58,686 $8,318 $50,368
2014 $616 $57,538 $8,156 $49,382
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Seth Twisselmann

    Engel & Volkers Lake Tahoe

    Section Image
  • Dean Mager

    Buyer's Agent in 2022

    Dean Mager

    eXp Realty of Northern California, Inc.

    (916) 295-8007

    6 in this area

    18 Total Sales

    Dean Mager
    Section Image
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Map

Source: MetroList

MLS Number: 20031172

MetroList

APN: 008-301-015

California Placer County Lincoln 95648

701 East Ave, Lincoln, CA

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