NOT LISTED FOR SALE

Estimated Value: $495,000 - $642,000

7 Beds
3 Baths
2,058 Sq Ft
$261/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $327,000 $159 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,171/month

100 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 1-Story Property

About This Home

As of February 2020

Great Income Property in Apple Valley with high rents units have recently been remodeled, outside building has new paint, please do not disturb the tenants, drive by only offers subject to interior inspection..

Property Consists of Two 2 Bedroom 1 bath unit each with its own private patio area.
One 3 Bedroom 1 Bath Unit with its own private patio area.

Last Agent to Sell the Property

Raul Alejos

M G R REAL ESTATE License #01488335 Listed on: 10/02/2019

M G R REAL ESTATE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 0.53 Acre Lot
  • Two or More Common Walls
  • Rural Setting

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,058 Sq Ft Home
  • 1-Story Property
  • Gas Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 3139
  • Tax Tract Number 3477
  • Assessor Parcel Number 3087321050000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Trash Expense $2,052
  • Water Sewer Expense $1,860
  • New Taxes Expense $4,738
  • Operating Expense $9,750
  • Gross Income $31,800
  • Net Operating Income $26,788

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1860.00
  • Property Type: Residential Income
  • Parcel Number: 3087321050000
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 158.89
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 2052.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 23220.00
  • Lot Size Acres: 0.5331

Multi Family

  • Gross Income: 31800.00
  • Gross Operating Income: 31800.00
  • Gross Scheduled Income: 31800.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 23220.0000 Square Feet
  • Net Operating Income: 26788.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 5012.00
  • Rent Control: No
  • Total Expenses: 9750.00

Tax Info

  • New Taxes Expense: 4738.00
  • Tax Census Tract: 97.10
  • Tax Lot: 3139
  • Tax Tract Number: 3477

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Dec 28, 2019
Sold by
Alejos Edgar A
Bought by
Ortiz Michael Anthony and Ortiz Gloria
Seller's Agent
Raul Alejos
M G R REAL ESTATE
List Price
$325,900
Sold Price
$327,000
Premium/Discount to List
$1,100
0.34%
Current Estimated Value
$537,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,751
Avg. Annual Appreciation
8.86%
Original Mortgage
$245,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2014
Sold by
Paulson John
Bought by
Alejos Edgar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,192
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 2014
Sold by
Gastelum Sarah
Bought by
Alejos Edgar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,192
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2011
Sold by
Silva Antonio
Bought by
Paulson John

Purchase Details

Closed on
Apr 1, 2009
Sold by
Silva Maria Gorette
Bought by
Silva Antonio

Purchase Details

Closed on
Mar 27, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Silva Antonio

Purchase Details

Closed on
Jan 6, 2009
Sold by
Konstantine Renee
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 22, 2006
Sold by
Konstantine Dean
Bought by
Konstantine Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
1.9%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 11, 2006
Sold by
Konstantine Enterprise Inc
Bought by
Konstantine Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
1.9%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 11, 2005
Sold by
Odea Tamara A
Bought by
Konstantine Enterprise Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2005
Sold by
Washington Joseph H and Washington Julia A
Bought by
Odea Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2003
Sold by
Hasan Fuad
Bought by
Washington Joseph H and Washington Julia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2002
Sold by
Hasan Marjan
Bought by
Hasan Fuad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,490
Interest Rate
6.99%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 2, 2002
Sold by
Reinecke Margaret
Bought by
Hasan Faud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,490
Interest Rate
6.99%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 30, 1994
Sold by
Thibeau Beatrice M
Bought by
Reinecke Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,130
Interest Rate
9.27%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ortiz Michael Anthony $327,000 Orange Coast Title Company
Alejos Edgar A $155,000 Fidelity National Title Co
Alejos Edgar A -- Fidelity National Title Co
Paulson John $102,000 First American Title
Silva Antonio -- Lsi Title Company
Silva Antonio $63,000 Lsi Title Company
Deutsche Bank National Trust Company $157,250 None Available
Konstantine Renee -- Commonwealth Land Title Co
Konstantine Renee -- Commonwealth Land Title Co
Konstantine Enterprise Inc -- --
Odea Tamara $295,000 Fidelity Nationaltitle Co
Washington Joseph H $150,000 Commonwealth Land Title Co
Hasan Fuad -- American Title
Hasan Faud $105,000 American Title
Reinecke Margaret $89,500 First American Title Ins Co
Reinecke Margaret -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Michael Anthony $245,250
Previous Owner Alejos Edgar A $152,192
Previous Owner Konstantine Renee $300,000
Previous Owner Konstantine Renee $300,000
Previous Owner Odea Tamara $206,500
Previous Owner Washington Joseph H $120,000
Previous Owner Hasan Fuad $10,490
Previous Owner Hasan Faud $83,920
Previous Owner Reinecke Margaret $84,130
Closed Washington Joseph H $15,000
Closed Odea Tamara $59,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $327,000 -0.9% $159 / Sq Ft
01/17/2020 01/17/20 Price Changed $329,900 +1.2% $160 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $325,900 0.0% $158 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $325,900 -- $158 / 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 $4,310 $357,620 $43,745 $313,875
2024 $4,310 $350,608 $42,887 $307,721
2023 $4,269 $343,733 $42,046 $301,687
2022 $4,204 $336,994 $41,222 $295,772
2021 $4,108 $330,387 $40,414 $289,973
2020 $2,359 $173,738 $33,626 $140,112
2019 $2,315 $170,332 $32,967 $137,365
2018 $2,260 $166,993 $32,321 $134,672
2017 $2,227 $163,718 $31,687 $132,031
2016 $2,016 $160,508 $31,066 $129,442
2015 -- $158,097 $30,599 $127,498
2014 $1,384 $104,513 $20,493 $84,020
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19234271

California Regional Multiple Listing Service (CRMLS)

APN: 3087-321-05