NOT LISTED FOR SALE

733 E St Lincoln, CA 95648

Estimated Value: $532,703 - $655,000

6 Beds
2 Baths
2,100 Sq Ft
$290/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $631,000 $300 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,639/month

22 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of May 2022

An Investor's Dream!!!! Now is your opportunity to own a duplex in the heart of Lincoln!!! Incredible investment opportunity on this single story tenant occupied duplex in charming and ever growing Lincoln! Mature palm trees, newer roof, newer exterior paint, and a driveway with plenty of room for parking. Two separate 3 Bed/1 Bath units with separate private backyard areas. Desirable floorplans with a spacious gathering room and a kitchen that features granite counters, a breakfast nook area plus pantry closets... Tub/shower combo in bathrooms, 3 good sized bedrooms, a linen closet, and inside laundry...One unit features plank tile flooring in the bedrooms and newer tile in the shower. Walking distance to all that Lincoln has to offer, Great restaurants, coffee shops, cafes, brew pubs, shopping, McBean Park and so much more...Rare opportunity not to be missed...!

Last Agent to Sell the Property

Rich Silvas

eXp Realty of California Inc. License #01131216 Listed on: 04/05/2022

eXp Realty of California Inc.

Last Buyer's Agent

Greg Lieberman

Realty ONE Group Complete License #02024789

Realty ONE Group Complete

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 6,612 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Carbon Monoxide Detectors
  • Laundry in unit

Flooring

  • Carpet
  • Tile

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 008-162-019-000

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

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1975
  • Stories: 1
  • Number of Three Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Price Per Square Foot: 300.48

Exterior Features

  • Construction Materials: Stucco, Frame, Wood
  • Foundation: Slab
  • Listing Price: 599900.00
  • Lot Features: Curb(s)
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street, Uncovered
  • Total Parking Spaces: 4.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central
  • Laundry Features: In Each Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Western Placer

Lot Info

  • Zoning Description: R3 Multi Family
  • Irrigation: Public District, None
  • Lot Size Acres: 0.1518
  • Lot Size Sq Ft: 6612.00

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

Tax Info

  • Assessor Parcel Number: 008-162-019-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
May 6, 2022
Sold by
Nichole Hofman
Bought by
Hinderman Ryan
Seller's Agent
Rich Silvas
eXp Realty of California Inc.
Buyer's Agent
Greg Lieberman
Realty ONE Group Complete
List Price
$599,900
Sold Price
$631,000
Premium/Discount to List
$31,100
5.18%
Current Estimated Value
$609,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,324
Avg. Annual Appreciation
-0.93%
Original Mortgage
$536,350
Outstanding Balance
$509,612
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$100,064

Purchase Details

Closed on
Dec 23, 2020
Sold by
Carpenter Ronald E and Carpenter Candis L
Bought by
Hofman Nichole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,125
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2017
Sold by
Carpenter Ron and Carpenter Candis
Bought by
Carpenter Ronald E and Carpenter Candis L

Purchase Details

Closed on
May 15, 2015
Sold by
Ball James G
Bought by
Carpenter Candis and Carpenter Ron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2014
Sold by
Ball James
Bought by
Ball James G

Purchase Details

Closed on
Dec 17, 2008
Sold by
Wells Fargo Bank Na
Bought by
Ball James and Ball Teri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,675
Interest Rate
5.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 3, 2008
Sold by
Amador Max
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
May 11, 2006
Sold by
Franchimone Louis A
Bought by
Amador Max

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,400
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
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
Hinderman Ryan $631,000 New Title Company Name
Hofman Nichole $477,500 First American Title Company
Carpenter Ronald E -- None Available
Carpenter Candis $290,000 Placer Title Company
Ball James G $1,818 None Available
Ball James $1,818 None Available
Ball James $165,000 Commerce Title Company
Wells Fargo Bank N A $382,959 None Available
Amador Max $440,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinderman Ryan $536,350
Previous Owner Hofman Nichole $358,125
Previous Owner Carpenter Candis $170,000
Previous Owner Ball James $123,675
Previous Owner Amador Max $352,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $631,000 +5.2% $300 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $599,900 0.0% $286 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $599,900 -- $286 / 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 $5,413 $510,000 $109,100 $400,900
2023 $5,413 $542,000 $116,000 $426,000
2022 $5,204 $487,050 $122,400 $364,650
2021 $5,103 $477,500 $120,000 $357,500
2020 $3,432 $318,686 $82,418 $236,268
2019 $3,343 $312,438 $80,802 $231,636
2018 $3,261 $306,313 $79,218 $227,095
2017 $3,157 $300,308 $77,665 $222,643
2016 $3,082 $294,421 $76,143 $218,278
2015 $1,846 $176,682 $42,857 $133,825
2014 -- $173,222 $42,018 $131,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222041408

MetroList

APN: 008-162-019