NOT LISTED FOR SALE

7047 Lincoln Ave Carmichael, CA 95608

Estimated Value: $595,561 - $725,000

3 Beds
1 Bath
985 Sq Ft
$658/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $680,000 $690 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,123/month

6 Days on Market

Highlights

  • RV or Boat Parking
  • Wood Flooring
  • Fenced Yard
  • A-Frame Home
  • No HOA
  • 1 Car Attached Garage

About This Home

As of June 2021

Selling a delightful property that has a multiple units. It is surrounded by single homes and beautiful trees all around. The lot has .37 acres which gives you enough room to relax in the comfort of your room. Also has plenty of space to fit your RV or boat. Units of 2/1 and 3/1 are clean and well taken care of.There is an unfinished 12x25 storage unit that includes a separate entrance. All the utilities are connected to other units. It can be finished to your own preference and can be used as a gym, office or studio.

Last Agent to Sell the Property

Angelina Fomin

Keller Williams Realty License #01359591 Listed on: 05/06/2021

Keller Williams Realty

Last Buyer's Agent

Joe Deulloa

eXp Realty of California Inc. License #00943470

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.37 Acre Lot
  • Fenced Yard
  • Sprinklers on Timer

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • 1 Carport Space
  • On-Street Parking
  • RV or Boat Parking

Home Design

  • Duplex
  • A-Frame Home
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Tenant pays for cable TV, rent only, electricity, gas, water, maintenance
  • Assessor Parcel Number 247-0200-023-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • Insurance Expense $100
  • Maintenance Expense $100

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Class A Building
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1956
  • Accessibility Features: None
  • Architectural Style: A-Frame
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Cook Top
  • Other Equipment: None
  • Flooring: Laminate, Wood
  • Basement: None
  • Price Per Square Foot: 345.18
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Frame
  • Disclosures/Documents: Preliminary Title Report, Seller Property Questionnaire, Transfer Disclosure Statement, Owner Occupies 1 Unit
  • Exterior Features: Fenced Yard
  • Foundation: Raised
  • Listing Price: 589999.00
  • Lot Features: Auto Sprinkler F&R
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 1
  • Carport Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Attached, Boat Storage, Carport, RV Storage, Street, Garage
  • Total Parking Spaces: 2

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: All Electric
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD 5
  • Irrigation: Other
  • Lot Size Acres: 0.3700
  • Lot Size Sq Ft: 16117

Rental Info

  • Tenant Pays: Cable TV, Rent Only, Electricity, Gas, Water, Maintenance
  • Lease Term: Month To Month
  • Owner Occupied Units: 1
  • Total # Leasable: 1

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 100
  • Maintenance Expense: 100
  • Number of Leased Units: 1
  • Number of Units: 2
  • Units Furnished: None
  • Two Bedrooms Occupied: 1

Tax Info

  • Assessor Parcel Number: 247-0200-023-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 3, 2021
Sold by
Kiz Roma and Kiz Valentina
Bought by
Marr Gregory Akaba
Seller's Agent
Angelina Fomin
Keller Williams Realty
Buyer's Agent
Joe Deulloa
eXp Realty of California Inc.
List Price
$589,999
Sold Price
$680,000
Premium/Discount to List
$90,001
15.25%
Current Estimated Value
$648,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,813
Avg. Annual Appreciation
-1.05%
Original Mortgage
$301,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2018
Sold by
Kiz Roma
Bought by
Kiz Roma and Kiz Valentina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2005
Sold by
Ayliffe Gerald R
Bought by
Kiz Roma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.07%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 3, 2004
Sold by
Ayliffe Gerald R
Bought by
Ayliffe Gerald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 1997
Sold by
Ayliffe Karin L
Bought by
Ayliffe Gerald R

Purchase Details

Closed on
Sep 23, 1996
Sold by
Ayliffe Gerald R and Ayliffe Gerald Ray
Bought by
Ayliffe Gerald R and Ayliffe Karin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Marr Gregory Akaba $680,000 Fidelity National Title Co
Kiz Roma -- Stewart Title Of Sacramento
Kiz Roma $430,000 Chicago Title Company
Ayliffe Gerald R -- Financial Title Company
Ayliffe Gerald R -- --
Ayliffe Gerald R -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marr Gregory Akaba $301,500
Previous Owner Kiz Roma $345,000
Previous Owner Kiz Roma $344,000
Previous Owner Ayliffe Gerald R $50,000
Previous Owner Ayliffe Gerald R $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2021 06/08/21 Sold $680,000 +15.3% $690 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $589,999 -- $599 / 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 $8,719 $736,051 $351,789 $384,262
2024 $8,719 $721,620 $344,892 $376,728
2023 $8,581 $707,472 $338,130 $369,342
2022 $8,410 $693,600 $331,500 $362,100
2021 $6,606 $542,866 $258,809 $284,057
2020 $6,250 $517,988 $246,948 $271,040
2019 $5,950 $493,323 $235,189 $258,134
2018 $5,660 $465,400 $221,877 $243,523
2017 $5,294 $430,927 $205,442 $225,485
2016 $4,715 $402,736 $192,002 $210,734
2015 $4,441 $376,390 $179,442 $196,948
2014 $4,435 $376,390 $179,442 $196,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221046839

MetroList

APN: 247-0200-023