NOT LISTED FOR SALE

Estimated Value: $465,000 - $530,000

4 Beds
4 Baths
2,184 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $360,000 $165 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,082/month

11 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Lincoln High School Rated A-

About This Home

As of August 2020

GREAT INVESTMENT PROPERTY, professionally owned and managed by seller for last 30+ years. Tenants pay utilities, long term tenants in place, great rental return in Lincoln unified school district!

Last Agent to Sell the Property

Joseph Colangelo

RE/MAX Grupe Gold License #01982075 Listed on: 06/26/2020

RE/MAX Grupe Gold

Co-Listed By

Jeffrey Dolen

PMZ Real Estate License #01942488

Last Buyer's Agent

Vanessa Medina

HomeSmart PV and Associates License #02108401

HomeSmart PV and Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,788

Year Built

  • Built in 1980

Lot Details

  • 7,200

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Additional Features

  • 1-Story Property
  • 7,200 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable tv electricity sewer trash collection water
  • Assessor Parcel Number 082-330-31

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

$4,788

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1980
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Carpet,Tile

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 360000.00
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Lincoln Unified

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200

Rental Info

  • Tenant Pays: Cable TV,Electricity,Sewer,Trash Collection,Water
  • Total # Leasable: 2

Multi Family

  • Gross Income: 31800
  • 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: 082-330-31
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jul 31, 2020
Sold by
Colangelo Steven A and Colangelo Karen
Bought by
Huynh Hau
Seller's Agent
Joseph Colangelo
RE/MAX Grupe Gold
Buyer's Agent
Vanessa Medina
HomeSmart PV and Associates
List Price
$360,000
Sold Price
$360,000
Current Estimated Value
$492,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,393
Avg. Annual Appreciation
6.46%
Original Mortgage
$353,479
Outstanding Balance
$317,602
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$176,654

Purchase Details

Closed on
Dec 9, 2019
Sold by
Colangelo Steven A and Colangelo Karen
Bought by
Colangelo Steven A and Colangelo Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2001
Sold by
Anthony Steve
Bought by
Anthony Steve and Anthony Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.24%
Mortgage Type
Unknown
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
Huynh Hau $360,000 Chicago Title Company
Colangelo Steven A -- North American Title Co Inc
Anthony Steve -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huynh Hau $353,479
Previous Owner Colangelo Steven A $259,000
Previous Owner Anthony Steve $50,000
Previous Owner Anthony Karen $203,264
Previous Owner Anthony Steve $48,000
Previous Owner Anthony Steve $50,000
Previous Owner Colangelo Steve Anthony $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $360,000 0.0% $165 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $360,000 -- $165 / 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 $4,788 $382,034 $106,120 $275,914
2023 $4,755 $374,544 $104,040 $270,504
2022 $4,567 $367,200 $102,000 $265,200
2021 $4,511 $360,000 $100,000 $260,000
2020 $2,072 $139,991 $34,997 $104,994
2019 $2,046 $137,247 $34,311 $102,936
2018 $2,002 $134,557 $33,639 $100,918
2017 $1,969 $131,920 $32,980 $98,940
2016 $1,952 $129,333 $32,333 $97,000
2014 $1,913 $120,000 $30,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20036738

MetroList

APN: 082-330-31