NOT LISTED FOR SALE
8 Beds
-- Bath
3,656 Sq Ft
0.69 Acre Lot

Sale Details

Date Sold: April 7, 2023

Last sale price $770,000 $211 Per Sq Ft

97 Days on Market

Highlights

  • Golf Course Community
  • Hiking Trails
  • Dog Park
  • Community Lake

About This Home

As of April 2023

This 6-Unit property is in a great location in Apple Valley all the tenants have been there for several years. Investors, you have plenty of room to build more units inside the property.

Two of the units are two bedrooms and one bath, the other four units have one bedroom and one bath. Each unit has a one-car garage and laundry hook-up in the attached garage and a small back yard.

The property is being sold "AS Is" the seller will not be doing any repairs.

Last Agent to Sell the Property

Cecilia Elizarraz

Partners Real Estate Group License #01271578 Listed on: 11/16/2022

Last Buyer's Agent

Charly Ubaldo

KW Mojave License #02088736

KW Mojave
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 30,000 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage

Home Design

  • 3,656 Sq Ft Home
  • Apartment

Additional Features

  • 8 Bedrooms
  • Laundry in Garage
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 3399
  • Tax Tract Number 3477
  • $1,339 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Community Lake

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Dog Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $2,000
  • Professional Management Expense $3,000
  • Trash Expense $1,800
  • Water Sewer Expense $4,788
  • Operating Expense $6,588
  • Gross Income $65,700
  • Net Operating Income $5,688

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0.69 Acres

Parking

6

Listing Details

  • Professional Management Expense: 3000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4788.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 210.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Septic Type Unknown
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Dog Park, Golf, Hiking, Lake

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 30000.00
  • Lot Size Acres: 0.6887

Multi Family

  • Gross Income: 65700.00
  • Gross Scheduled Income: 65700.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 30000.0000 Square Feet
  • Net Operating Income: 5688.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 900.00
  • Rent Control: No
  • Total Expenses: 6588.00

Tax Info

  • Tax Lot: 3399
  • Tax Tract Number: 3477
  • TaxOtherAnnualAssessmentAmount: 1338.98

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

Listed on
Nov 16, 2022
Closed on
Feb 23, 2023
Sold by
Bought by
Seller's Agent
Cecilia Elizarraz
Partners Real Estate Group
Buyer's Agent
Charly Ubaldo
KW Mojave
List Price
$850,000
Sold Price
$770,000
Premium/Discount to List
-$80,000
-9.41%
Views
306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jul 28, 2021
Sold by
Bought by
Seller's Agent
Cecilia Elizarraz
Partners Real Estate Group
Buyer's Agent
Henry Geronimo
MEDALLION REALTORS
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%

Purchase Details

Closed on
Jan 26, 2021
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
$458,500
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 2, 2018
Closed on
Jan 25, 2018
Sold by
Bought by
Seller's Agent
Linda Pennington
CENTURY 21 ROSE REALTY
Buyer's Agent
Rami Dhillon
Realty One Group Southwest
List Price
$449,900
Sold Price
$439,900
Premium/Discount to List
-$10,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 2, 2018
Closed on
Jan 18, 2018
Sold by
Bought by
Seller's Agent
Linda Pennington
CENTURY 21 ROSE REALTY
Buyer's Agent
Rami Dhillon
Realty One Group Southwest
List Price
$449,900
Sold Price
$439,900
Premium/Discount to List
-$10,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2003
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
$124,850
Interest Rate
5.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 9, 1999
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
$105,000
Interest Rate
7.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 1999
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
$105,000
Interest Rate
7.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 1996
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
$770,000 Ticor Title
-- Nguyen Andy
$655,000 Ticor Title Riverside
-- Chicago Title Company
$440,000 Chicago Title Company
$200,000 Chicago Title Co
-- --
$130,000 First American Title Ins Co
-- First American Title Ins Co
-- First American Title Ins Co
-- Commonwealth Land 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 $665,000
Closed $497,000
Previous Owner $458,500
Previous Owner $140,000
Previous Owner $335,000
Previous Owner $124,850
Previous Owner $37,000
Previous Owner $105,000
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 Prior Sale
04/07/2023 04/07/23 Sold $770,000 -6.1% $211 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
12/29/2022 12/29/22 Price Changed $820,000 -3.5% $224 / Sq Ft
11/16/2022 11/16/22 For Sale $850,000 +29.8% $232 / Sq Ft
07/09/2021 07/09/21 Sold $655,000 +0.8% $179 / Sq Ft View Prior Sale
05/07/2021 05/07/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $650,000 +47.8% $178 / Sq Ft
03/01/2018 03/01/18 Sold $439,900 -2.2% $120 / Sq Ft View Prior Sale
01/17/2018 01/17/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $449,900 -- $123 / 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 $9,867 $817,130 $137,957 $679,173
2025 $9,867 $801,108 $135,252 $665,856
2024 $9,592 $785,400 $132,600 $652,800
2023 $8,368 $668,100 $122,400 $545,700
2022 $8,239 $655,000 $120,000 $535,000
2021 $5,963 $462,413 $26,279 $436,134
2020 $5,888 $457,672 $26,010 $431,662
2019 $5,778 $448,698 $25,500 $423,198
2018 $2,552 $159,116 $24,060 $135,056
2017 $2,513 $155,996 $23,588 $132,408
2016 $2,124 $152,937 $23,125 $129,812
2015 $2,091 $150,640 $22,778 $127,862
2014 $2,061 $147,689 $22,332 $125,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22243027

California Regional Multiple Listing Service (CRMLS)
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