NOT LISTED FOR SALE
6 Beds
3 Baths
3,212 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: December 31, 2018

Last sale price $285,000 $89 Per Sq Ft

179 Days on Market

About This Home

As of December 2018

Fully occupied 3 unit located in South Apple Valley on a large lot, with scenic desert and mountain views. This property at list will consistently give positive Cash on Cash returns. All units are 2 bedroom 1 bath with a 1 car garage. Three unit next door also available for sale.
Stunning scenic views of the desert and surrounding mountains, closely located near school and public parks. Low-traffic area perfect for relaxing after a hard day yet close enough to shopping, food and entertainment.

Last Agent to Sell the Property

Jason Lamoreaux

COLDWELL BANKER COMMERCIAL RE License #01461062 Listed on: 04/09/2018

COLDWELL BANKER COMMERCIAL RE

Last Buyer's Agent

Jason Lamoreaux

COLDWELL BANKER COMMERCIAL RE License #01461062 Listed on: 04/09/2018

COLDWELL BANKER COMMERCIAL RE
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 19,890 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • 3,212 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • In Ground Pool
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 3087142040000

Community Details

Recreation

  • Community Pool

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $13,320

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0.46 Acres

Parking

6

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 3087142040000
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 88.73

Exterior Features

  • Pool Features: Community, In Ground
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, 6-10 Units/Acre
  • Lot Size Sq Ft: 19890.00
  • Lot Size Acres: 0.4566

Multi Family

  • Gross Scheduled Income: 26100.00
  • Lot Size Area: 19890.0000 Square Feet
  • Net Operating Income: 13320.00
  • 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: 12780.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 97.11

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
Apr 9, 2018
Closed on
Dec 7, 2018
Sold by
Bought by
Seller's Agent
Jason Lamoreaux
COLDWELL BANKER COMMERCIAL RE
Buyer's Agent
Jason Lamoreaux
COLDWELL BANKER COMMERCIAL RE
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Outstanding Balance
$188,233
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 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
$165,750
Interest Rate
5.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 29, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 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
$114,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2000
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
$82,500
Interest Rate
7.54%

Purchase Details

Closed on
Jul 17, 1997
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
$20,000
Interest Rate
7.42%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 14, 1997
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
$290,000 Corinthian Title Company
-- Chicago San Diego
-- --
$142,500 Commonwealth Title
$220,000 Commonwealth Land Title Co
$65,000 Continental Lawyers Title Co
$47,935 First Southwestern 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 $217,500
Previous Owner $165,750
Previous Owner $114,000
Previous Owner $82,500
Previous Owner $20,000
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
12/31/2018 12/31/18 Sold $285,000 -3.4% $89 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
09/05/2018 09/05/18 Price Changed $295,000 0.0% $92 / Sq Ft
09/05/2018 09/05/18 For Sale $295,000 +3.5% $92 / Sq Ft
08/01/2018 08/01/18 Off Market $285,000 -- --
04/09/2018 04/09/18 For Sale $550,000 -- $171 / 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 $4,685 $329,970 $28,446 $301,524
2025 $4,685 $323,500 $27,888 $295,612
2024 $3,928 $317,157 $27,341 $289,816
2023 $3,890 $310,938 $26,805 $284,133
2022 $3,830 $304,841 $26,279 $278,562
2021 $3,744 $298,864 $25,764 $273,100
2020 $3,697 $295,800 $25,500 $270,300
2019 $3,628 $290,000 $25,000 $265,000
2018 $4,441 $181,388 $19,093 $162,295
2017 $4,244 $177,832 $18,719 $159,113
2016 $4,235 $174,345 $18,352 $155,993
2015 $3,961 $171,726 $18,076 $153,650
2014 $3,862 $168,362 $17,722 $150,640
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18075622

California Regional Multiple Listing Service (CRMLS)

APN: 3087-142-04

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