NOT LISTED FOR SALE

Estimated Value: $650,280

0.89 Acre
$730,652 Price per Acre
38,768 Sq Ft Lot

Last Sold January 06, 2025

Last sale price $637,500

Est. 2% increase in value since last sale

Current estimated payment $3,629/month

130 Days on Market

About This Lot

As of January 2025

Excellent visibility and prime development potential characterize this property, perfect for a variety of businesses such as a shopping mall featuring dry cleaners, specialty shops, and more. Positioned near downtown Palmdale, City Hall, the library, banks, shopping centers, and Palmdale Hospital, it offers convenient access to essential amenities. The existing structures are slated for demolition following a fire, making the property available for sale based on its land value. All utilities are readily available on-site, enhancing its appeal for development. Situated approximately 1 mile from the A.V. Freeway, the location provides excellent connectivity and accessibility.

Last Agent to Sell the Property

Karen Senia

JohnHart Real Estate License #01215096 Listed on: 07/25/2024

JohnHart Real Estate

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Property Details

Property Type

  • Land

Lot Details

  • 0.89 Acre Lot
  • Property is zoned MU2 - Mixed Use

Utilities

  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3015-005-029

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • House Faces: E
  • Directions To Property: From the 14 freeway, go east on Palmdale Blvd. It is on your right (the north/east corner of 11th St. E and Palmdale Blvd.)
  • Listing Member Name: Karen Jenkins
  • Lot Measurement: Acres
  • Prop. Type: Lots and Land
  • Sp Percent Lp: 0.85
  • Tract Suffix: Boulevard
  • Tax Legal Tract Number: LOT (EX OF
  • List Price per Acre: 842696.63
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Public

Utilities

  • Electric: On Property
  • Natural Gas: On Property
  • Sewer: Sewer in Street
  • Hot Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Lot Acres: 0.89
  • Zoning: MU2 - Mixed Use
  • Future Land Use: Residential, Commercial
  • Lot Size: 30 - 1 Acres

Tax Info

  • Assessor Parcel Number: 3015-005-029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Dec 10, 2024
Sold by
1109 E Palmdale Blvd Llc
Bought by
Khamis Sherif and Soliman Ghada
Seller's Agent
Karen Senia
JohnHart Real Estate
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$750,000
Sold Price
$637,500
Premium/Discount to List
-$112,500
-15%
Views
4
Current Estimated Value
$650,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,780
Avg. Annual Appreciation
1.97%

Purchase Details

Closed on
Aug 15, 2016
Sold by
Defrenn F Jay and Defrenn Jerri M
Bought by
1109 E Palmdale Blvd Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khamis Sherif $637,500 Fidelity National Title
1109 E Palmdale Blvd Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2025 01/06/25 Sold $637,500 -15.0% --
12/02/2024 12/02/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $750,000 -- --
Source: Greater Antelope Valley Association of REALTORS®

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 $3,023 $107,319 $97,056 $10,263
2024 $3,023 $105,215 $95,153 $10,062
2023 $3,057 $103,153 $93,288 $9,865
2022 $2,947 $101,131 $91,459 $9,672
2021 $2,904 $99,149 $89,666 $9,483
2019 $2,808 $96,209 $87,007 $9,202
2018 $2,813 $94,323 $85,301 $9,022
2016 $2,717 $90,663 $81,990 $8,673
2015 $2,704 $89,302 $80,759 $8,543
2014 $2,778 $87,554 $79,178 $8,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 24005502

Greater Antelope Valley Association of REALTORS®

APN: 3015-005-029