1468 Lincoln Avenue, San Rafael, CA 94901, San Rafael, 94901 - 2 bed, 1 bath
ACTIVE$695,000$1,146/sqft
Est. Value: $716,073
3%
BelowEstimate
1468 Lincoln Avenue, San Rafael, CA 94901
2Beds
1Bath
1,146Sqft
7,500Lot
Price Vs. Estimate
The estimated value ($716,073.455) is $21,073.455 (3%) higher than the list price ($695,000). This property may be underpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1146.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7500, other record lot size in square feet = 15653.
Compared to the nearby listings
Price:$695.0K vs avg $1.39M ($-692,000)13%
Size:1,146 sqft vs avg 2,066 sqft9%
Price/sqft:$606 vs avg $73931%
More Insights
Built in 1935 (91 years old).
Condition: Built in 1935, this property is aged but appears maintained. The kitchen features dated white appliances, laminate countertops, and vinyl flooring, indicating a need for significant modernization. While the living areas have laminate flooring and clean walls, the overall aesthetic and fixtures are outdated. The property is functional but requires substantial cosmetic and potential system updates to meet modern standards.
Year Built
1935
Close
-
List price
$695K
Original List price
-
Price/Sqft
$606
HOA
$0
Days on market
-
Sold On
-
MLS number
326000329
Home ConditionFair
Features
Patio
View-
About this home
Charming Mediterranean Style home in convenient Southern San Rafael. Great entry level opportunity. Beautiful wood floors. Fireplace. Spacious bedrooms. Current Mo-Mo tenant would like to stay. Huge basement area for storage and possible development. Lots of off-street parking.
W
Wes Mayne
Listing Agent
Condition Rating
Fair
Built in 1935, this property is aged but appears maintained. The kitchen features dated white appliances, laminate countertops, and vinyl flooring, indicating a need for significant modernization. While the living areas have laminate flooring and clean walls, the overall aesthetic and fixtures are outdated. The property is functional but requires substantial cosmetic and potential system updates to meet modern standards.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1146.
Architectural Charm & Interior Features: Charming Mediterranean Style home with beautiful wood floors and a fireplace, offering desirable aesthetic appeal and character.
Strategic Location: Conveniently located in Southern San Rafael, providing easy access to local amenities and transportation.
Entry-Level Opportunity: Priced as a great entry-level opportunity for the San Rafael market, potentially attracting a broad range of buyers.
Expansion & Storage Potential: Features a huge basement area suitable for extensive storage or future development, adding significant value and flexibility.
Practical Amenities: Includes spacious bedrooms and abundant off-street parking, addressing common buyer needs for comfort and convenience.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7500, other record lot size in square feet = 15653.
Tenant Occupancy: The presence of a current month-to-month tenant who wishes to stay may complicate the sale for owner-occupant buyers or those planning immediate renovations.
Age & Potential for Updates: Built in 1935, the property may require significant updates to systems (e.g., plumbing, electrical) or cosmetic renovations to meet modern standards, representing an additional investment for the buyer.
Limited Bathroom Count: With only one bathroom for a two-bedroom home, it may not cater to the needs or preferences of all potential buyers, particularly families.