NOT LISTED FOR SALE
4 Beds
2 Baths
7,337 Sq Ft
0.76 Acre Lot

Sale Details

Date Sold: November 8, 2017

Last sale price $730,000 $99 Per Sq Ft

203 Days on Market

Highlights

  • No HOA
  • Courtyard Views
  • 1-Story Property

About This Home

As of November 2017

Investment Opportunity! A well-maintained gated 9 units apartment complex in great location. Closing to shopping, businesses, schools and Victor Valley Community College. Each unit has 2 bedrooms and 1 bathroom with central air, heater, and private yard. Amenities include laundry facility, covered car ports, storage and mail boxes.

Last Agent to Sell the Property

Henry Chuang

HENRY CHUANG, BROKER License #01838832 Listed on: 04/03/2017

Last Buyer's Agent

Tricia Cerda

RE/MAX Empire Properties License #01098061

RE/MAX Empire Properties
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 33,300 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 9 Car Garage
  • Carport
  • Parking Available

Home Design

  • Apartment
  • Composition Roof

Interior Spaces

  • 7,337 Sq Ft Home
  • 1-Story Property
  • Courtyard Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 104
  • Tax Tract Number 6257
  • Assessor Parcel Number 3087337010000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 9 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,509
  • Professional Management Expense $3,444
  • Trash Expense $1,800
  • Water Sewer Expense $3,240
  • New Taxes Expense $7,297
  • Operating Expense $18,290
  • Gross Income $70,200
  • Net Operating Income $53,536

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0.76 Acres

Parking

9

Listing Details

  • Professional Management Expense: 3444.00
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 3240.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 3087337010000
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 99.50

Exterior Features

  • View: Courtyard
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 9.00
  • Parking: Yes
  • Parking Features: Carport, Covered
  • Total Parking Spaces: 9.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 33300.00

Multi Family

  • Gross Income: 70200.00
  • Gross Scheduled Income: 75600.00
  • Insurance Expense: 2509.00
  • Laundry Income: 840.00
  • Net Operating Income: 53536.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 26064.00
  • Rent Control: No
  • Total Expenses: 18290.00

Tax Info

  • New Taxes Expense: 7297.00
  • Tax Census Tract: 97.10
  • Tax Lot: 104
  • Tax Tract Number: 6257

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
Dec 14, 2020
Sold by
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
$470,000
Outstanding Balance
$409,678
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2017
Closed on
Nov 1, 2017
Sold by
Bought by
Seller's Agent
Henry Chuang
HENRY CHUANG, BROKER
Buyer's Agent
Tricia Cerda
RE/MAX Empire Properties
List Price
$780,000
Sold Price
$730,000
Premium/Discount to List
-$50,000
-6.41%

Purchase Details

Listed on
Apr 4, 2014
Closed on
May 15, 2014
Sold by
Bought by
Seller's Agent
Sergio Sahagun
DYNASTY REAL ESTATE
Buyer's Agent
Henry Chuang
HENRY CHUANG, BROKER
List Price
$618,993
Sold Price
$580,000
Premium/Discount to List
-$38,993
-6.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%

Purchase Details

Listed on
Dec 18, 2012
Closed on
Mar 19, 2013
Sold by
Bought by
Seller's Agent
John Johnson
J-N-J REALTY
Buyer's Agent
John Johnson
J-N-J REALTY
Sold Price
$645

Purchase Details

Closed on
Oct 8, 2004
Sold by
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
$475,000
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 2004
Sold by
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
$475,000
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 2004
Sold by
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
$360,500
Interest Rate
5.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 1994
Sold by
Bought by
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
-- Ticor Title Company Of Ca
$730,000 Ticor Title Company
$580,000 Lawyers Title
$325,000 None Available
$763,500 First American
-- First American
$515,000 First American
-- --
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 $470,000
Closed $475,000
Previous Owner $500,000
Previous Owner $475,000
Previous Owner $360,500
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 Prior Sale
11/08/2017 11/08/17 Sold $730,000 -6.4% $99 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $780,000 +34.5% $106 / Sq Ft
06/27/2014 06/27/14 Sold $580,000 -6.3% $79 / Sq Ft View Prior Sale
05/12/2014 05/12/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $618,993 0.0% $84 / Sq Ft
01/22/2013 01/22/13 Rented $645 +9.1% --
01/22/2013 01/22/13 Under Contract -- -- --
12/18/2012 12/18/12 For Rent $591 -8.4% --
06/15/2012 06/15/12 Rented $645 0.0% --
06/07/2012 06/07/12 Under Contract -- -- --
01/01/2012 01/01/12 For Rent $645 -- --
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 $10,854 $847,228 $34,817 $812,411
2025 $10,854 $830,615 $34,134 $796,481
2024 $10,232 $814,329 $33,465 $780,864
2023 $10,132 $798,362 $32,809 $765,553
2022 $10,306 $782,708 $32,166 $750,542
2021 $9,751 $767,360 $31,535 $735,825
2020 $9,628 $759,492 $31,212 $728,280
2019 $9,449 $744,600 $30,600 $714,000
2018 $9,220 $730,000 $30,000 $700,000
2017 $7,953 $612,622 $31,687 $580,935
2016 $7,298 $600,610 $31,066 $569,544
2015 $5,388 $430,336 $20,492 $409,844
2014 $5,314 $421,907 $20,091 $401,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17070342

California Regional Multiple Listing Service (CRMLS)
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