NOT LISTED FOR SALE

Estimated Value: $393,000 - $523,000

6 Beds
6 Baths
2,736 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 11, 2017

Last sale price $225,000 $82 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,592/month

52 Days on Market

Highlights

  • Paved or Partially Paved Lot
  • Front Yard
  • 5-minute walk to Yucca Loma Park

About This Home

As of July 2017

CALLING ALL HANDY BUYERS! This charming 3 unit residential income property features a nice sized lot and is centrally located in Apple Valley. This property is ready for some TLC, so bring your tools and your paint brush! Please note that the lot size has been corrected from the incorrect info listed by the assessor.

Last Agent to Sell the Property

Ruben Martinez

Fiduciary Real Estate Services License #01027549 Listed on: 01/31/2017

Co-Listed By

Logan Martinez

Fiduciary Real Estate Services License #01960924

Last Buyer's Agent

JASON TAN

Partner Real Estate License #01383379

Partner Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1960

Lot Details

  • 0.53 Acre Lot
  • No Common Walls
  • Rural Setting
  • Desert faces the back of the property
  • Paved or Partially Paved Lot
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • 2,736 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 3441
  • Tax Tract Number 3641
  • Assessor Parcel Number 3087301210000

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $30
  • Water Sewer Expense $184
  • New Taxes Expense $1,111
  • Operating Expense $1,484
  • Gross Income $3,689
  • Net Operating Income $2,205

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,200

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 183.53
  • Property Type: Residential Income
  • Parcel Number: 3087301210000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 82.24

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Desert Back, Front Yard, Paved
  • Lot Size Sq Ft: 22957.00

Multi Family

  • Electric Expense: 29.96
  • Gross Income: 3688.79
  • Gross Scheduled Income: 3689.00
  • Net Operating Income: 2205.05
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1483.74
  • Rent Control: No
  • Total Expenses: 1483.74

Tax Info

  • New Taxes Expense: 1111.00
  • Tax Census Tract: 97.10
  • Tax Lot: 3441
  • Tax Tract Number: 3641

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2017
Sold by
Kote Peter
Bought by
Lam Hoa Justice Minh and Lin Meizi
Current Estimated Value
$436,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2016
Sold by
Brown Robert E
Bought by
Brown Robert E and The Robert E Brown Family Trust
Source: Public Records

Range of Values:

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
Lam Hoa Justice Minh $225,000 Fidelity National Title
Brown Robert E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lam Hoa Justice Minh $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2017 07/11/17 Sold $225,000 +4.7% $82 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $215,000 -- $79 / 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 $3,200 $256,012 $22,756 $233,256
2024 $3,200 $250,992 $22,310 $228,682
2023 $3,169 $246,071 $21,873 $224,198
2022 $3,120 $241,246 $21,444 $219,802
2021 $3,049 $236,516 $21,024 $215,492
2020 $3,011 $234,090 $20,808 $213,282
2019 $2,955 $229,500 $20,400 $209,100
2018 $2,883 $225,000 $20,000 $205,000
2017 $2,437 $183,071 $28,038 $155,033
2016 $2,222 $179,481 $27,488 $151,993
2015 -- $176,785 $27,075 $149,710
2014 $2,159 $173,322 $26,545 $146,777
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17021574

California Regional Multiple Listing Service (CRMLS)

APN: 3087-301-21