NOT LISTED FOR SALE

Estimated Value: $509,000 - $609,000

6 Beds
3 Baths
2,520 Sq Ft
$218/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $285,000 $113 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,221/month

6 Days on Market

About This Home

As of May 2017

Great Multi-Family Investment Opportunity in Central Apple Valley! A MUST-SEE, FULLY OCCUPIED, exceptionally well maintained triplex on Red Wing Road. Property consists of three 2 BD/1 BA units, each with an attached single car garage and private fenced backyards. Convenient shopping at the nearby Apple Valley Commons Shopping Center, anchored by Super Target, along with Walmart, Starbucks, Dollar Tree, UPS Store, Ross and a variety of dining options including Round Table Pizza, Panda Express, Denny's, Viva Maria Mexican Restaurant. Nearby entertainment available at the Apple Valley Country Club and Golf Course, Bowling Alley & year round events at the Apple Valley Civic Center Park, including a weekly Farmer's Market. * PLEASE DO NOT DISTURB TENANTS *

Last Agent to Sell the Property

Mehdi Mostaedi

NAI CAPITAL, INC. License #01392527 Listed on: 05/11/2017

NAI CAPITAL, INC.

Last Buyer's Agent

Mehdi Mostaedi

NAI CAPITAL, INC. License #01392527 Listed on: 05/11/2017

NAI CAPITAL, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,025

Year Built

  • Built in 1984

Lot Details

  • 0.42 Acre Lot
  • Two or More Common Walls
  • Rural Setting
  • Landscaped
  • Private Yard

Parking

  • 3 Car Garage

Home Design

  • 2,520 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 247
  • Tax Tract Number 3928
  • Assessor Parcel Number 3087423140000

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,500
  • Trash Expense $1,200
  • Water Sewer Expense $900
  • New Taxes Expense $4,100
  • Operating Expense $7,700
  • Net Operating Income $14,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,025

Year Built

Built in 1984

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 3087423140000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 113.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 1200.00
  • Water Source: Other

Condo/Co-op/Association

  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Yard
  • Lot Size Sq Ft: 18400.00

Multi Family

  • Gross Scheduled Income: 24600.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 14760.00
  • Number Of Units Total: 3
  • Operating Expense: 40.00
  • Rent Control: No
  • Total Expenses: 7700.00

Tax Info

  • New Taxes Expense: 4100.00
  • Tax Census Tract: 97.10
  • Tax Lot: 247
  • Tax Tract Number: 3928

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2017
Sold by
Gomez Luis and Gomez Carolina Wendy
Bought by
Gomez Luis and Gomez Carolina Wendy
Current Estimated Value
$550,254

Purchase Details

Listed on
May 11, 2017
Closed on
May 24, 2017
Sold by
Gladstone Roger Jupiter and Rezaei Houtan
Bought by
Gomez Luis and Gomez Carolyn Wendy
Seller's Agent
Mehdi Mostaedi
NAI CAPITAL, INC.
Buyer's Agent
Mehdi Mostaedi
NAI CAPITAL, INC.
List Price
$290,000
Sold Price
$285,000
Premium/Discount to List
-$5,000
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%

Purchase Details

Closed on
May 2, 2012
Sold by
Sobek Drew L
Bought by
Gladstone Roger Jupiter and Rezaei Houtan
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
Gomez Luis -- None Available
Gomez Luis -- None Available
Gomez Luis $287,000 First American
Gladstone Roger Jupiter $162,000 Fidelity Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2017 05/30/17 Sold $285,000 -1.7% $113 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $290,000 -- $115 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,025 $333,088 $23,211 $309,877
2024 $4,025 $326,557 $22,756 $303,801
2023 $3,987 $320,154 $22,310 $297,844
2022 $3,926 $313,877 $21,873 $292,004
2021 $3,837 $307,722 $21,444 $286,278
2020 $3,789 $304,567 $21,224 $283,343
2019 $3,719 $298,595 $20,808 $277,787
2018 $3,628 $292,740 $20,400 $272,340
2017 $2,339 $175,327 $17,317 $158,010
2016 $2,126 $171,889 $16,977 $154,912
2015 $2,094 $169,307 $16,722 $152,585
2014 $2,066 $165,990 $16,394 $149,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17104718

California Regional Multiple Listing Service (CRMLS)

APN: 3087-423-14