NOT LISTED FOR SALE

1005 Perdew Ave Ridgecrest, CA 93555

Estimated Value: $349,000 - $527,000

7 Beds
4 Baths
2,800 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $310,000 $111 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,859/month

17 Days on Market

About This Home

As of July 2020

Great investment! Triplex in a desired location of the NW! All units are rented out, dont miss out on this opportunity!

Last Agent to Sell the Property

Michelle Harris

Keller Williams Realty License #01935277 Listed on: 04/22/2020

Keller Williams Realty

Last Buyer's Agent

Michelle Harris

Keller Williams Realty License #01935277 Listed on: 04/22/2020

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,820

Year Built

  • Built in 1985

Lot Details

  • 7,405

Home Design

  • 2,800 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Master Meter
  • Natural Gas Connected

Additional Features

  • Washer and Dryer Hookup
  • 7,405 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 453-072-12

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,820

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Additional Assessor Parcel Numbers: 453-072-12
  • Directions To Property: From N. Downs St., make a right onto Perdew, 1005 is on the left.
  • Property Sub Type: Triplex, Income Property
  • Prop. Type: Multi Family
  • Property Type: Multi-Family Building
  • OFFICELIST_STATE: CA
  • Year Built: 1985
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: W/D Hookups
  • Total Bathrooms: 4
  • Lower Floor 1 Bedrooms: 7
  • Listing Area: North West
  • Living Sq Ft: 2800

Exterior Features

  • Exterior Construction: Stucco
  • Flood Zone: X
  • Foundation: Slab on Grade
  • Roof Type: Composition, Shingle
  • Swimming Pool Description: No-Pool

Utilities

  • Cooling: Evap. Cooler: Multi-room Ducting
  • Heating: Natural Gas Furnace
  • Utilities: Water: IWVWD, Power: On Meter, Natural Gas: Hooked-up, Sewer: Hooked-up

Condo/Co-op/Association

  • Units In Building: 3

Lot Info

  • Lot Size: 0.17
  • Zoning: TRIPLEX (0300)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
Aug 20, 2020
Sold by
Cowan Paul
Bought by
Cowan Paul and Hartlkess Jeffrey
Seller's Agent
Michelle Harris
Keller Williams Realty
Buyer's Agent
Michelle Harris
Keller Williams Realty
List Price
$314,900
Sold Price
$310,000
Premium/Discount to List
-$4,900
-1.56%
Current Estimated Value
$450,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,970
Avg. Annual Appreciation
6.69%

Purchase Details

Listed on
Apr 22, 2020
Closed on
Jun 15, 2020
Sold by
Martin Elliott Preston
Bought by
Cowan Paul
Seller's Agent
Michelle Harris
Keller Williams Realty
Buyer's Agent
Michelle Harris
Keller Williams Realty
List Price
$314,900
Sold Price
$310,000
Premium/Discount to List
-$4,900
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Outstanding Balance
$266,146
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$166,081

Purchase Details

Closed on
Mar 4, 2013
Sold by
The Bank Of New York Mellon
Bought by
Martin Elliott Preston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,957
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 5, 2012
Sold by
Dering Robert and Dering Leighann
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 10, 2005
Sold by
Foster Peter T
Bought by
Dering Robert and Dering Leigh Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 7, 2005
Sold by
Foster Peter T and Peter T Foster Living Trust
Bought by
Foster Peter T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2003
Sold by
Foster Peter T
Bought by
The Peter T Foster Living Trust

Purchase Details

Closed on
Jan 31, 2003
Sold by
Glusovich Brian C and Glusovich Carol A
Bought by
Foster Peter T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.7%

Purchase Details

Closed on
Jul 29, 1996
Sold by
Glusovich Brian C and Glusovich Carol A
Bought by
Glusovich Brian C and Glusovich Carol A
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
Cowan Paul -- First American Title Company
Cowan Paul $310,000 First American Title Company
Martin Elliott Preston $168,000 Placer Title Company
The Bank Of New York Mellon $155,025 Landsafe Title
Dering Robert $325,000 First American Title
Foster Peter T -- First American Title
The Peter T Foster Living Trust -- --
Foster Peter T $130,000 First American Title
Glusovich Brian C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowan Paul $299,475
Previous Owner Martin Elliott Preston $164,957
Previous Owner Dering Robert $227,500
Previous Owner Foster Peter T $115,500
Previous Owner Foster Peter T $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2020 07/09/20 Sold $310,000 -1.6% $111 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $314,900 -- $112 / Sq Ft
Source: Southern Sierra MLS

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 $4,820 $304,980 $40,800 $264,180
2024 $4,872 $299,000 $40,000 $259,000
2023 $4,872 $317,322 $36,414 $280,908
2022 $4,772 $311,100 $35,700 $275,400
2021 $4,572 $305,000 $35,000 $270,000
2020 $3,297 $189,160 $28,146 $161,014
2019 $3,257 $189,160 $28,146 $161,014
2018 $3,211 $181,816 $27,054 $154,762
2017 $3,204 $178,252 $26,524 $151,728
2016 $3,092 $174,757 $26,004 $148,753
2015 $3,041 $172,133 $25,614 $146,519
2014 $2,724 $168,762 $25,113 $143,649
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Sierra MLS

MLS Number: 1957044

APN: 453-072-12-00-2