NOT LISTED FOR SALE
8 Beds
4 Baths
3,136 Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: October 3, 2014

Last sale price $292,500 $93 Per Sq Ft

114 Days on Market

About This Home

As of October 2014

Two side by side four unit buildings in a great area of Apple Valley - Centrally Located right off Bear Valley. Each Unit is 2 bedroom 1 bathroom with 1 Car Garages. Total of 8 units being sold together, two adjacent 4 Unit buildings, list price includes 12460 Red Wings, APN:3087-444-08-0000. Ample off street parking for a total of 16 cars, fenced yards and each property sits up off the street. Good upside and property appreciation projected for the surrounding area and market. PLEASE NOTE - STATED EXPENSES ARE COMBINED FOR BOTH PROPERTIES. Call or email listing broker for more details.

Last Agent to Sell the Property

Nathan Diones

REGIONCY REAL ESTATE License #01767311 Listed on: 08/05/2014

Last Buyer's Agent

WILLIAM HERRERA

BILL HERRERA, BROKER License #01867762

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 19,600 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 8 Car Garage

Home Design

  • 3,136 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Private Water Source
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 3423
  • Assessor Parcel Number 3087444080000

Community Details

Overview

  • 2 Buildings
  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $2,400
  • Insurance Expense $1,630
  • Pest Control $720
  • Professional Management Expense $4,800
  • Trash Expense $2,810
  • Water Sewer Expense $5,266
  • New Taxes Expense $7,813
  • Gross Income $5,705
  • Net Operating Income $42,856

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0.45 Acres

Parking

8

Listing Details

  • CapRate: 6.80
  • Professional Management Expense: 4800.00
  • Property Attached: Yes
  • Water Sewer Expenses: 5266.00
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 3087444080000
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 93.27

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 16.00

Utilities

  • Pest Control Expense: 720.00
  • Sewer: Conventional Septic
  • Trash Expense: 2810.00
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 19600.00
  • Lot Size Acres: 0.4500

Multi Family

  • Gross Income: 5705.00
  • Gross Scheduled Income: 68640.00
  • Insurance Expense: 1630.00
  • Lot Size Area: 19600.0000 Square Feet
  • Net Operating Income: 42856.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 25784.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7813.00
  • Tax Lot: 12
  • Tax Tract Number: 3423
  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2019
Sold by
Valdez Carmen G and Gutierrez Jose
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$146,270
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2016
Sold by
Estrada Luz A
Bought by
Valdez Carmen G and Gutierrez Jose H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2014
Closed on
Sep 12, 2014
Sold by
Soukup John and Soukup Suzanne
Bought by
Estrada Manuel and Estrada Luz A
Seller's Agent
Nathan Diones
REGIONCY REAL ESTATE
Buyer's Agent
WILLIAM HERRERA
BILL HERRERA, BROKER
List Price
$625,000
Sold Price
$292,500
Premium/Discount to List
-$332,500
-53.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,800
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2002
Sold by
Hassler Rollins H and Hassler Benett
Bought by
Soukup John and Soukup Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.25%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Pacific Coast Title
Valdez Carmen G $295,000 Fidelity National Title
Estrada Manuel $292,500 Chicago Title Company
Soukup John $185,000 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $170,000
Closed Valdez Carmen G $170,000
Previous Owner Estrada Manuel $191,800
Previous Owner Soukup John $260,000
Previous Owner Soukup John $148,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/03/2014 10/03/14 Sold $292,500 -53.2% $93 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $625,000 -- $199 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,391 $349,218 $23,675 $325,543
2025 $4,391 $342,371 $23,211 $319,160
2024 $4,270 $335,658 $22,756 $312,902
2023 $4,228 $329,077 $22,310 $306,767
2022 $4,163 $322,625 $21,873 $300,752
2021 $4,069 $316,299 $21,444 $294,855
2020 $4,017 $313,056 $21,224 $291,832
2019 $3,943 $306,918 $20,808 $286,110
2018 $3,847 $300,900 $20,400 $280,500
2017 $3,887 $302,900 $25,889 $277,011
2016 $3,590 $296,960 $25,381 $271,579
2015 $3,536 $292,500 $25,000 $267,500
2014 $2,712 $218,576 $11,815 $206,761
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV14120499

California Regional Multiple Listing Service (CRMLS)

APN: 3087-444-08

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