NOT LISTED FOR SALE

11305 Aztec Ln Adelanto, CA 92301

Estimated Value: $464,000 - $558,000

6 Beds
3 Baths
2,716 Sq Ft
$184/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $367,000 $135 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,970/month

8 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Hiking Trails
  • Laundry Room
  • Front Yard

About This Home

As of May 2021

WELCOME TO AZTEC LN, GREAT TRIPLEX OPPORTUNITY! GOOD FIT FOR THAT INVESTOR LOOKING FOR A GOOD SOLID MULTIUNIT PROPERTY WITH GREAT PAYING TENANTS, PRIDE OF OWNERSHIP AND WITH PLENTY OF PARKING SPOT IN ADDITION TO A ONE CAR GARAGE EACH UNIT HAS TO OFFER.THIS IS ALSO A GREAT FIT FOR A POTENTIAL BUYER WHO WOULD LIKE TO LIVE IN ONE AND RENT THE OTHER TWO UNITS OUT TO OFFSET THEIR MORTGAGE. POSSIBILITIES ARE ENDLESS WITH THIS WELL KEPT MULTIFAMILY PROPERTY. IN A GREAT LOCATION AND VERY CALM AND LOW TRAFFIC AREA. CONVENIENTLY LOCATED NEAR ALL MAJOR SHOPPING CENTER AND EASY ACCESS TO MAJOR HIGHWAY AND FREEWAY. THIS PROPERTY WILL NOT DISAPPOINT! SCHEDULE AN APPOINTMENT TO CHECK IT OUT ASAP! **NOTE** ALL 3 UNITS ARE 2 BEDROOMS 1 BATH EACH!

Last Agent to Sell the Property

Cesar Diaz

PONCE & PONCE REALTY, INC License #01966039 Listed on: 04/07/2021

PONCE & PONCE REALTY, INC

Co-Listed By

Jose Ponce

PONCE & PONCE REALTY, INC License #01307544

Last Buyer's Agent

Cesar Diaz

PONCE & PONCE REALTY, INC License #01966039 Listed on: 04/07/2021

PONCE & PONCE REALTY, INC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.3 Acre Lot
  • Two or More Common Walls
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Front Facing Garage
  • Parking Lot

Home Design

  • Property Attached

Interior Spaces

  • 2,716 Sq Ft Home
  • See Through Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, gas
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 0459181610000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Recreation

  • Hiking Trails

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Trash Expense $2,196
  • Water Sewer Expense $1,020
  • Operating Expense $3,216
  • Gross Income $36,120

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0.3 Acres

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1020.00
  • Property Type: Residential Income
  • Parcel Number: 0459181610000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: See Through
  • Price Per Square Foot: 135.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Parking Space
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 2196.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 13090.00
  • Lot Size Acres: 0.3005

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Gas

Multi Family

  • Average2 Bed Area: 905 Square Feet
  • Gross Income: 36120.00
  • Gross Scheduled Income: 36120.00
  • Lot Size Area: 13090.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 36120.00
  • Total Expenses: 3216.00

Tax Info

  • Tax Census Tract: 91.16
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 16, 2021
Sold by
Sangani Ekta Kamani
Bought by
Sangani Amit
Seller's Agent
Cesar Diaz
PONCE & PONCE REALTY, INC
Buyer's Agent
Cesar Diaz
PONCE & PONCE REALTY, INC
List Price
$360,000
Sold Price
$367,000
Premium/Discount to List
$7,000
1.94%
Current Estimated Value
$499,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,563
Avg. Annual Appreciation
6.71%
Original Mortgage
$275,250
Outstanding Balance
$249,445
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$250,118

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 13, 2021
Sold by
Patel Bhavishaben
Bought by
Patel Falgunkumar
Seller's Agent
Cesar Diaz
PONCE & PONCE REALTY, INC
Buyer's Agent
Cesar Diaz
PONCE & PONCE REALTY, INC
List Price
$360,000
Sold Price
$367,000
Premium/Discount to List
$7,000
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,250
Outstanding Balance
$249,445
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$250,118

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 12, 2021
Sold by
Perez Cesar Julio and Perez Ana Luis
Bought by
Sangani Amit and Patel Falgunkumar
Seller's Agent
Cesar Diaz
PONCE & PONCE REALTY, INC
Buyer's Agent
Cesar Diaz
PONCE & PONCE REALTY, INC
List Price
$360,000
Sold Price
$367,000
Premium/Discount to List
$7,000
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,250
Outstanding Balance
$249,445
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$250,118

Purchase Details

Closed on
Apr 14, 2006
Sold by
Haider Saeed and Sharmeen Fatima
Bought by
Perez Cesar Julio and Perez Ana Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,900
Interest Rate
6.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 11, 2004
Sold by
Pineda Jesaias and Rodriguez Jennifer
Bought by
Heider Saeed and Heider Fatima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,200
Interest Rate
7.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 24, 2000
Sold by
Grigsby Harold E
Bought by
Pineda Jesaias and Rodriguez Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,831
Interest Rate
8.67%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 1999
Sold by
Grigsby Jamanna K
Bought by
Grigsby Harold E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
7.64%

Purchase Details

Closed on
Jan 27, 1999
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Jun 25, 1998
Sold by
Arellano Ramon
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Jan 4, 1995
Sold by
Hud
Bought by
Arellano Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,472
Interest Rate
9.23%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 1994
Sold by
Americas Lending Network Inc
Bought by
Hud

Purchase Details

Closed on
Feb 16, 1994
Sold by
Specialized Inc
Bought by
Americas Lending Network Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sangani Amit -- Lawyers Title
Patel Falgunkumar -- Lawyers Title
Sangani Amit $367,000 Lawyers Title
Perez Cesar Julio $347,000 First American Title Company
Heider Saeed $188,000 Fidelity National Title Co
Pineda Jesaias $110,000 Chicago Title Co
Grigsby Harold E -- Universal Title Company
Grigsby Harold E $34,000 Universal Title Company
Hud -- First American Title Co
Norwest Mtg Inc $88,454 First American Title Ins Co
Arellano Ramon $83,000 First Southwestern Title Co
Hud -- World Title Company
Americas Lending Network Inc $118,523 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sangani Amit $275,250
Previous Owner Perez Cesar Julio $242,900
Previous Owner Heider Saeed $169,200
Previous Owner Pineda Jesaias $109,831
Previous Owner Grigsby Harold E $67,200
Previous Owner Arellano Ramon $81,472
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $367,000 0.0% $135 / Sq Ft
04/28/2021 04/28/21 Price Changed $367,000 +1.9% $135 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $360,000 -- $133 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,750 $397,253 $81,183 $316,070
2024 $4,437 $389,464 $79,591 $309,873
2023 $4,395 $381,827 $78,030 $303,797
2022 $4,313 $374,340 $76,500 $297,840
2021 $3,160 $254,100 $50,800 $203,300
2020 $2,985 $242,000 $48,400 $193,600
2019 $2,749 $220,000 $44,000 $176,000
2018 $2,577 $200,000 $40,000 $160,000
2017 $5,181 $408,594 $52,987 $355,607
2016 $5,082 $400,582 $51,948 $348,634
2015 $4,895 $394,565 $51,168 $343,397
2014 $4,850 $386,836 $50,166 $336,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21072095

California Regional Multiple Listing Service (CRMLS)

APN: 0459-181-61

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