NOT LISTED FOR SALE

1225 Franklin Ave Lancaster, CA 93535

East Lancaster Neighborhood

Estimated Value: $405,000 - $432,000

3 Beds
2 Baths
1,551 Sq Ft
$270/Sq Ft Est. Value

Last Sold February 12, 2016

Last sale price $160,000 $103 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $2,488/month

20 Days on Market

Highlights

  • Family Room with Fireplace
  • No HOA
  • Wood Siding
  • Traditional Architecture
  • 1-Story Property

About This Home

As of February 2016

Property is in overall good condition, interior paint less than a year old, has had some recent upgrades, carpets, plumbing, and paint. Landscaping is in poor condition due to the water issues, but sprinklers are there. Located close to all facilities and seller is anxious to sell.

Last Agent to Sell the Property

Catherine Koett

RE/MAX All-Pro Listed on: 11/18/2015

Last Buyer's Agent

Carlos Paiz

PLI Realty Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 8,276 Sq Ft Lot
  • Property is zoned LRR7000

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 1,551 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3148-019-024

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Listing Member Name: Catherine Koett
  • Lot Measurement: SqFt
  • Prop. Type: Residential
  • Sp Percent Lp: 0.94
  • Square Footage: 1551.00
  • Year Built: 1981
  • Property Sub Type: Single Family Residence
  • R V Access: No
  • Building Stories: 1 Story
  • Cross Street: Public
  • Building Style: Traditional
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Appliances: Dishwasher, Microwave, Gas Range, Disposal
  • Basement Full Bathrooms: 2
  • Fireplace: Family Room

Exterior Features

  • Exterior Construction: Wood
  • Roof: Tile
  • Exterior Features: Family Room
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Attached
  • GarageNumberOfGarageSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Hot Water: Public Utility
  • Utilities: Natural Gas

Condo/Co-op/Association

  • HOA: No
  • Senior Housing Type: SFD (Single Family Dwelling)

Lot Info

  • Lot Acres: 0.19
  • Zoning: LRR7000
  • Horse Property: No

Tax Info

  • Assessor Parcel Number: 3148-019-024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2015
Closed on
Jan 21, 2016
Sold by
Wood Brad
Bought by
Trinh Dianne Diem
Seller's Agent
Catherine Koett
RE/MAX All-Pro
Buyer's Agent
Carlos Paiz
PLI Realty Inc.
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Current Estimated Value
$418,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,552
Avg. Annual Appreciation
10.21%
Original Mortgage
$128,000
Outstanding Balance
$101,868
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$316,684

Purchase Details

Closed on
Nov 19, 1998
Sold by
Ocwen Federal Bank Fsb
Bought by
Wood Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,464
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 1998
Sold by
Souza Edwin M and Souza Lisa J
Bought by
Ocwen Federal Bank Fsb
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
Trinh Dianne Diem $160,000 Chicago
Wood Brad $88,000 Chicago Title Co
Ocwen Federal Bank Fsb $61,555 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trinh Dianne Diem $128,000
Previous Owner Wood Brad $87,464
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2016 02/12/16 Sold $160,000 -5.8% $103 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
11/18/2015 11/18/15 For Sale $169,900 -- $110 / Sq Ft
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 $3,623 $189,398 $37,876 $151,522
2024 $3,623 $185,685 $37,134 $148,551
2023 $3,549 $182,045 $36,406 $145,639
2022 $3,354 $178,477 $35,693 $142,784
2021 $2,965 $174,979 $34,994 $139,985
2019 $2,884 $169,791 $33,957 $135,834
2018 $2,834 $166,463 $33,292 $133,171
2016 $2,170 $115,996 $23,169 $92,827
2015 $2,145 $114,254 $22,821 $91,433
2014 $2,147 $112,016 $22,374 $89,642
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Catherine Koett

    RE/MAX

  • C

    Buyer's Agent in 2016

    Carlos Paiz

    PLI Realty Inc.

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 15013165

Greater Antelope Valley Association of REALTORS®

APN: 3148-019-024

California Los Angeles County Lancaster 93535 East Lancaster

1225 Franklin Ave, Lancaster, CA

Not Listed for Sale

Detached

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