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1042 Lincoln Avenue

1042 Lincoln Avenue, San Diego, CA 92103
Sold Jul 02, 2020
$884,000
$680,000 by Rocket Mortgage Llc
Mortgage Due Jan 01, 2042
Sold Jan 20, 2016
$640,000
$417,000 by Caliber Home Loans Inc
Mortgage Due Feb 01, 2046
Local assessors in San Diego, CA have categorized 1042 Lincoln Avenue as a residential type of property. The home was built in 1924 and is 100 years old. The property's lot size has been calculated to be 7,638 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1042 Lincoln Avenue has a total of 1,164 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1042 Lincoln Avenue sold most recently in Jun 12, 2020 for a total of $884,000. If you work out the math, that's approximately a cost of $759.45 per sqft. Before that, the property was also sold for $640,000 in Nov 13, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,212 in taxes each year. 1042 Lincoln Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $919,452. If we break it down further, the land itself was valued at $712,645. Improvements to the property, however, were assessed at a total of $206,807. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Wood Exterior

Parking

Covered Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,638
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,164
  • Building Area: 1,164
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,164
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY HEIGHTS
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: BLK 137 LOT 37 LOT 35 & LOT 36 & E 5 FT OF TR LP0008PG036

Ownership

  • Current Owner : SCHMIDT CHRISTOPHER
  • Current Owner 2: JACOBSEN SOPHIA
  • Previous Owner : LORD MICHAEL L
  • Previous Owner 2: GOMEZ ISIDRO
  • Owner Before Previous Owner: MARINI ELLA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: San Diego City Unified School District
  • School Tax School District: SAN DIEGO CITY
  • Census Tract: 000600

Zoning

  • Zoning: RM-1-1

Geography

  • Assessors Map Reference: LP0008PG036
  • Subdivision Tract Number: LP0008PG
  • Parcel: 444-373-21-00
  • Block: 137
  • Lot: 35-37
  • Municipality: CITY OF SAN DIEGO
  • Latitude: 32.7524
  • Longitude: -117.155

    Address

  • Full Address: 1042 Lincoln Ave
  • Address - House Number: 1042
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Diego
  • Carrier Code: C006
  • 4-Digit Zip Code: 2320
  • Zip Code: 92103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,212
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 74
  • Final Value: 1,322,448
  • High Value: 1,574,000
  • Low Value: 1,070,896

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $680,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 14, 2021
  • First Open Lien Mortgage Loan Amount: $680,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $919,452
  • Assessed Land Value: $712,645
  • Assessed Improvements Value: $206,807

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jul 02, 2020
  • Current Sale Transaction ID: 11770841891
  • Current Sale Price: $884,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0348896
  • Previous Sale Recording Date: Jan 20, 2016
  • Previous Sale Contract Date: Nov 13, 2015
  • Previous Sale Amount: $640,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARKSIDE LENDING LLC
  • First Mortgage Transaction Date: Jul 02, 2020
  • First Mortgage Loan Amount: $701,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Jan 20, 2016
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2046

About Western San Diego



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Frequently Asked Questions

What neighborhood is 1042 Lincoln Avenue located in?
The 1042 Lincoln Avenue is a house located in the neighborhood of University Heights in Western San Diego, San Diego.
What is the average sales price for listings in 1042 Lincoln Avenue?
The average sales price for units in 1042 Lincoln Avenue is $0 currently.

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